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Virgin Galactic stock was trading sharply higher in US price action today after Jefferies issued a bullish note on the space tourism company. Virgin has taken a lead over competitors and Sir Richard Branson became the first billionaire to reach space. While Virgin Galactic stock had surged when the company made the successful flight with…
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ACY Securities is an online broker that offers users to trade a variety of financial assets with leverage. Also, by using an ECN execution, the Australian broker is able to offer fast market execution, low trading fees, and a transparent trading environment. So, if you are wondering if ACY Securities is the right broker for…
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Coinbase stock was trading higher in US premarket price action after Needham issued a bullish note on the stock. While the stock had a strong listing, it has since looked weak amid the volatility in cryptocurrency prices. Coinbase went public in a direct listing with a reference price of $250. While the stock soared on…
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Gold’s fortunes have nosedived this year after their hit their record high in 2020. As the economy has rebounded, investors have pivoted from safe-haven assets to risk assets. What should you expect from precious metals like gold now? Gold prices are down almost 8% in 2021. The fall in gold prices has also hit mining…
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Home Depot released its second-quarter earnings today. The stock was trading lower despite the earnings beat This week, several retail giants in the US are scheduled to release their earnings. Along with Home Depot, Walmart also reported its earnings today. Lowe’s, Bath & Body Works, Target, Kohl’s, and Macy’s have also scheduled their quarterly earnings…
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While the earnings season for US companies is now getting at its fag end, this week, many retail companies have lined up their earnings including Walmart which is the world’s largest brick and mortar company. What are analysts expecting from Walmart’s earnings and what’s the forecast for the stock this year as the economy reopens?…
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Airbnb stock was trading lower today despite the company posting better than expected earnings. Concerns over the spread of the delta variant of coronavirus are weighing down the stock today. Airbnb reported revenues of $1.34 billion in the quarter which was higher than the $1.26 billion that analysts were expecting. Its loss per share of…
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Nvidia stock was trading higher in early US price action today and hit its new 52-week highs. The stock is among the top 30 S&P 500 gainers in the year and more gains could be on the card for investors. Nvidia stock was among the top S&P 500 gainers in 2020 also and is among…
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Chinese EV (electric vehicle) stocks including NIO, Xpeng Motors, and Li Auto were trading higher in early US price action today as markets gave a thumbs up to their July delivery report. The price action is in stark contrast to the last month when Chinese EV stocks had fallen after reporting their June deliveries. While…
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Apple would release its third-quarter fiscal 2021 earnings on Tuesday after the close of US markets. What should you expect from the company’s earnings release? The earnings calendar for this week is very busy. On Monday, Tesla would report its earnings. On Tuesday, Alphabet, Microsoft, and Advanced Micro Devices report their earnings along with Apple….
