More On: warner bros. ‘Blue Beetle’ will be DC Comics’ first Latino superhero flick AT&T takes $15.5B charge on struggling DirecTV business How a rebel ad man turned Warner Bros. into rock’s hottest label Warner Bros. says Godzilla, Kong, will fight it out two months early The new “Tom & […]
Consumer staples giant The Procter & Gamble Company (PG) has a long history of beating earnings per share (EPS) estimates. Daily and weekly charts show downside risk after the stock set its all-time intraday high of $146.92 on Nov. 9, 2020. Key Takeaways Procter & Gamble has beaten earnings estimates […]
Tesla, Inc. (TSLA) recently announced that it was lowering prices on certain models of its Model 3 and Model Y vehicles as competition intensifies, with other car companies such as Ford Motor Company (F) coming out with all-electric vehicles. KEY TAKEWAYS Tesla is lowering prices on certain models ahead of […]
Key Takeaways: TD Ameritrade restricts trading of GME, AMC, BB TD Ameritrade Mobile app and Robinhood experienced outages due to high trading volume The unrelenting trading frenzy around GameStop and other highly shorted stocks has led to several broker outages and new restrictions on trading in several securities. TD Ameritrade […]
The Committee on Financial Services of the United States House of Representatives held a virtual hearing on Feb. 18, 2021, with the title "Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide." The announcement for the hearing noted that "recent market volatility involving GameStop […]
While we have talked about the general froth in the initial public offering (IPO) market, it is time to focus on one of the major drivers – special-purpose acquisition companies (SPACs). SPAC IPOs accounted for over half of all IPOs in 2020 and are already set to make up a […]
On Feb. 20, President Biden declared the state of Texas the site of a major disaster, making available federal funding for the relief of the millions of Texans who have been without water, food, electricity and even shelter in freezing conditions. The crisis in Texas came as a result of […]
Job openings are ‘strong’ in sectors that support stay-at-home economy: Indeed.com chief economist Indeed.com chief economist Jed Kolko discusses job openings picking up in certain industries despite the coronavirus pandemic. The number of Americans filing for first-time unemployment benefits unexpectedly dropped last week as the labor market continues its slow recovery from the coronavirus pandemic. […]
If you want to refinance your home loan, read this first. (iStock) The coronavirus pandemic has significantly impacted the personal finances of millions of Americans. Many people, including homeowners, have lost their jobs and have used emergency savings accounts to stay afloat. While the pandemic created personal finance problems for many, […]
ViacomCBS Inc. (VIAC) Wednesday reported a profit for the fourth quarter that trumped Wall Street’s estimates as revenues grew 3%, but fell short of expectations. Viacom reported fourth-quarter profit of $810 million or $1.31 per share, compared to a loss of $258 million or $0.42 per share last year. On […]
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