— Moderna stock is getting pummeled after reporting earnings. The pain may not be over, so here's where I'd be looking to buy the dip. — By Bret Kenwell, TheStreet.com Shares of Moderna (MRNA) are dipped 19% on Thursday earnings missed expectations and it cut its projections for COVID vaccine sales. After reporting before the open, the stock came under...
By Keris Lahiff, CNBC Video game stock Activision Blizzard is in the middle of a massive sell-off. The stock fell more than 14% on Wednesday, its worst day since November 2008, after announcing delays for the latest releases in its Overwatch and Diablo franchises. The studio is grappling with sexual harassment and discrimination allegations that led to firings over the...
By Keris Lahiff, CNBC November kicked off with a big rally for small stocks. The small-cap-focused Russell 2000 rose nearly 3% on Monday, far better than the S&P 500 which ended the session only slightly higher. The corner of the market for small caps has lagged the large caps this year, gaining 19% compared with the S&P's 23% increase. Ari...
— Under Armour stock is flying higher on better-than-expected earnings, but is nearing major resistance. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Under Armour (UAA) stock is flying higher on Tuesday, up over 17% in midday trading. The massive rally comes after better-than-expected earnings and as management raised its outlook for the full year. Assuming the...
About a month ago we pointed out the U.S. dollar — as measured by the U.S. Dollar Index — was close to following through on a bullish move that would cement a new, long-lived uptrend in place. The final piece of that puzzle was never put in place, however, allowing the greenback to peel back from a critical technical ceiling....
About a month ago we pointed out the U.S. dollar — as measured by the U.S. Dollar Index — was close to following through on a bullish move that would cement a new, long-lived uptrend in place. The final piece of that puzzle was never put in place, however, allowing the greenback to peel back from a critical technical ceiling....
The bears just squandered their best chance to halt this rally in its tracks. Stocks fought their way to record highs early last week, and after wobbling for a bit in the middle of the week, rekindled long-standing bullishness to end last week on the highest of high notes… at another record high. When will the music stop? Good question....
The bears just squandered their best chance to halt this rally in its tracks. Stocks fought their way to record highs early last week, and after wobbling for a bit in the middle of the week, rekindled long-standing bullishness to end last week on the highest of high notes… at another record high. When will the music stop? Good question....
By Keris Lahiff, CNBC It's a tale of two chipmakers in the semiconductor space. Nvidia, the largest stock in the SMH semiconductor ETF, hit records Tuesday and rallied another 7% on hopes Facebook's investment in virtual reality and the metaverse will be beneficial. The shares are up nearly 90% this year. Taiwan Semi, the second-largest SMH stock, has had a...
— AMD stock is struggling for upside traction after another solid earnings report. Here's where investors should be looking to buy the dip. — By Bret Kenwell, TheStreet.com Shares of Advanced Micro Devices (AMD) are trying to rally on Wednesday, up about 2% so far on the day. While the bulls may have wanted a more spectacular post-earnings reaction, how...
