Applied Materials (AMAT) showed up in one of my bullish scans today after the stock bounced off the 21-day moving average. AMAT stock could be headed for a test of the early February high of 125. X The company reports earnings after today’s close, and a positive surprise could get …
Read More »China beating US in trade war, nations on ‘brink of conflict,’ Ray Dalio says
Ray Dalio, the billionaire hedge fund manager, warned that China is beating the US in their trade war and expressed fears the two superpowers are “on the brink” of military conflict. The founder of Bridgewater Associates, which has an estimated $140 billion in assets under management, recently told a conference …
Read More »‘Act of God’: The price of eggs is soaring due to an ‘unprecedented’ crisis, warns trade strategist — here are 2 surging food stocks to help buck the slumping market
‘Act of God’: The price of eggs is soaring due to an ‘unprecedented’ crisis, warns trade strategist — here are 2 surging food stocks to help buck the slumping market While it’s no secret that inflation has been running hot, the drastic increase in egg prices recently still took many …
Read More »Trade Desk stock shoots higher after earnings, outlook top expectations
Shares of Trade Desk Inc. TTD, +2.65% were up 6% in premarket trading Wednesday after the advertising-technology company topped profit expectations for the latest quarter, while issuing an upbeat outlook. The company reported fourth-quarter net income of $71 million, or 14 cents a share, compared with $8 million, or 2 …
Read More »Tripadvisor, Airbnb, Trade Desk, Analog Devices, and More Market Movers
Text size Airbnb posted its first-ever annual profit. Gabby Jones/Bloomberg Stock futures pointed lower Wednesday as Wall Street continued to digest the latest U.S. inflation data and what a higher-than-expected increase in prices means for the path of interest rates. These stocks were poised to make moves Wednesday: Airbnb (ABNB) was …
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