Topline Amid the market’s worst first half of a year in over five decades, tech and cruise line stocks have been among the worst performers in the S&P 500, while energy, healthcare and consumer companies have all seen shares outperform despite rising recession fears. Tech stocks and cruise lines are among some of the biggest […]
Chinese equities are on course for the biggest monthly gain in almost two years as investors bet the worst of a lockdown-induced economic shock and extended tech sector crackdown in the country has passed. The CSI 300 index of Shanghai- and Shenzhen-listed stocks has climbed more than 8 per cent in June. That has put […]
CNBC’s Jim Cramer on Wednesday told investors that despite what might be happening in the market, they shouldn’t judge a stock based on its industry peers’ performance. “These days, it feels like up to 90% of a stock’s performance on a given day comes from its sector, something on down days that feels like a […]
European stock markets turned lower on Wednesday and government bond prices rose, as traders weighed up fresh signs of a looming economic slowdown. The regional Stoxx Europe 600 share index fell 0.6 per cent, calling a halt to three days of gains. Germany’s Dax slipped 1.2 per cent and the FTSE 100 was 0.1 per […]
CNBC’s Jim Cramer recommended four stocks investors should consider adding to portfolios after ugly days in the market like Tuesday. “While this may be a bear market, as long as commodity prices keep coming down, these stocks should be winners, which is why you’ve got to treat ugly moments like this one as buying opportunities,” […]
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) […]
Growing competition and a squeeze on consumer spending have meant tough times for the leading cloud companies. However, better-than-expected results have led analysts to predict brighter days ahead. While US cloud stocks such as Oracle [ORCL] and Twilio [TWLO] have recently fallen to 52-week lows, they have since reversed these losses. However, Alibaba [BABA] has […]
Check out the companies making headlines in midday trading. Spirit Airlines — The budget airline’s shares fell more than 7% amid news that advisory firm Institutional Shareholder Services told Spirit shareholders to vote for the proposed merger with Frontier Airlines. It comes after Frontier Airlines upped the cash portion of its offer by $2 a […]
Traders on the floor of the NYSE, June 15, 2022. Source: NYSE U.S. stock futures fell slightly on Sunday night following a major rebound last week from this year’s steep declines. Despite the bounce, Wall Street is preparing to wrap up the worst first half for stocks in decades. Dow Jones Industrial Average futures fell […]
Image source: Getty Images At first glance, the market environment can seem high risk today, but if you keep a long-term mindset, you soon realize what an excellent opportunity it is to find high-quality stocks that you can buy while they trade at prices that are extremely cheap. But while there is a tonne of […]