Markets
How to trade restaurant stocks as higher gas prices hit consumers, according to Piper Sandler
History shows that dine-in restaurants, like Olive Garden’s parent Darden, outperform when oil prices surge, the firm found. Source
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How this risky strategy can leave retail investors vulnerable
“The idea that I used social media to promote GameStop stock to unwitting investors and influence the market is preposterous,” Keith Gill told Congress. Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube — testified in front of the U.S. House of Representatives’ Committee on Financial Services in February 2021. He […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after two-week winning streak Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose slightly Monday. Wall Street was looking to close out a monthly gain for […]
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Stocks making the biggest moves in the premarket: Tesla, Beyond Meat, Coinbase and more
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla will ask shareholders to authorize the issuance of additional shares at the upcoming annual meeting so it can pay a stock dividend, according to a company tweet. The additional shares would enable the company to split its stock. Tesla […]
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Tesla wants to split its stock so it can pay a stock dividend; shares gain
Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters Tesla wants to split its stock so it can pay a stock dividend to shareholders, according to a filing Monday. The Securities […]
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China is shutting down Shanghai in two phases to control Covid
Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing’an district in Shanghai on March 26, 2022. Hector Retamal | Afp | Getty Images BEIJING — China’s biggest city Shanghai began a two-stage lockdown Monday as authorities attempt different strategies to maintain growth, while trying to control […]
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Amazon, Walmart and more: Cowen loves these stocks it says can beat surging inflation
Cowen has identified several tech and internet stocks it rates as likely to outperform, some of which are set to return “at least” 15% over the next 12 months. Source
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These global stocks are long-term outperformers with healthy dividends, Barclays says
Barclays says these 10 stocks are trading at a discount and could present an opportunity for investors right now. Source
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Japanese stocks set for lower start; data shows China’s industrial profits rose
SINGAPORE — Shares in Japan looked set for a lower open on Monday, while data released over the weekend showed Chinese industrial profits grew in the first two months of the year. The Nikkei futures contract in Chicago was at 28,045 while its counterpart in Osaka was at 28,010. That compared against the Nikkei 225’s […]
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Stock futures are little changed ahead of a big week of economic data
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE Stock futures were little changed Sunday evening as investors look ahead to a series of key economic reports and continue to keep a close eye on the Federal Reserve’s planned interest rate hikes. Futures tied to the Dow Jones Industrial Average inched higher […]
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