FooTToo/iStock via Getty Images GEO Group (NYSE:GEO) +9.1% in Monday’s trading, poised to close at its highest in nearly five years, and CoreCivic (CXW) +7.2% as both prison services companies surge following the assassination attempt on former President Trump. Analysts at Wedbush Securities said late last week that GEO GroupContinue Reading
tupungato/iStock via Getty Images The hot technology sector looks likely to stay strong no matter if either U.S. President Joe Biden or former president Donald Trump emerge victorious in their White House bids, according to a sentiment survey from 22V Research. The investment strategy research firm in a Sunday noteContinue Reading
Average short interest across S&P 500 financial stocks was flat at 1.48% of shares float as of June end, as compared to the prior month. The largest contributor to the index, Berkshire Hathaway (BRK.B) had a short interest of 0.77% of the total float, while the next biggest contributor, J.P.Continue Reading
SlavkoSereda/iStock via Getty Images Stock futures edged higher in the early Monday hours as earnings season ramps up this week with the world’s most prominent companies like Bank of America, Johnson & Johnson, Netflix, Taiwan Semiconductor, UnitedHealth, Nokia, and Abbott Labs releasing their earnings. Here are some of Monday’s biggestContinue Reading
Antonio Bordunovi Chipmakers and designers such as NVIDIA (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing (NYSE:TSM) and Broadcom (NASDAQ:AVGO) have seen impressive run ups in their stocks over the past few months, thanks largely to the AI revolution stoking increased demand for their products. Since the beginning of the year, NVIDIA (NVDA) sharesContinue Reading
aerogondo The Industrial Select Sector SPDR Fund ETF (XLI) jumped +2.44% for the week ended July 12, while, the SPDR S&P 500 Trust ETF (SPY) rose +0.96%. Joby Aviation took the top spot among the gainers, while airline-related stocks were among the decliners. Industrials was among the 10 of theContinue Reading
3dotsad/iStock via Getty Images Real estate stocks soared this week after inflation data increased bets in favor of a Federal Reserve rate cut in September, while the earnings season kicked off on a positive note for the markets. The stocks saw the biggest jump among all the S&P 500 sectors,Continue Reading
In a week marked by the start of the earnings season, the stock boards unveiled a mixed bag of performances across key sectors of financials, industrials, and consumer staples. While most of the market is focused on artificial intelligence and technology, the resiliency of the U.S. economy this year isContinue Reading
Gam1983/iStock via Getty Images Eli Lilly (NYSE:LLY) is the weight loss drug stock with the most potential for upside, according to Seeking Alpha’s July Sentiment Survey. July’s Sentiment Survey by Seeking Alpha is out, covering what’s hot in the markets, the economy and other current themes. According to the survey,Continue Reading
Jul. 11, 2024 6:23 PM ETSPY, BAC, JPM, GS, C, MS, WFC, BK, KBE, IAT, VOO, KBWB, DPST, FTXO, WF, SP500-401010By: Carla Mozee, SA News Editor Nikada The second-quarter earnings season will shift into higher gear Friday with some major banks releasing results, and shares of most of a groupContinue Reading
