investopedia

Yelp Inc. (YELP) shares fell nearly 20% on Wednesday after reporting first quarter financial results that missed estimates and cutting its outlook. Yelp reported revenue that increased 24.4% to $197.32 million missing consensus estimates by $1.28 million and earnings of $0.19 per share beating consensus estimates by $0.03. Despite the relatively solid performance, the company’s […]Read More

Nvidia Inc. (NVDA​) jumped more than 15% on Wednesday after posting solid first quarter financial results. The chip-maker reported revenue that rose 49.2% to $1.94 billion – beating consensus estimates by $30 million – and earnings of $0.85 per share – beating consensus estimates by $0.18 per share. The performance was driven by robust demand […]Read More

Industry leader First Solar, Inc. (FSLR) has rallied more than 10-points in the last week, attracting little financial media interest while signaling the likely end to the long and brutal solar downtrend. Still, the beaten down sector has a long way to go to attract the buying interest needed to sustain an uptrend so it’s […]

Dow components Exxon-Mobil, Corp. (XOM) and Chevron, Corp. (CVX) have failed to reward shareholders so far in 2017, drifting lower while the WTI and Brent crude oil contracts struggle to mount strong resistance in the low-50s. Healthy dividends have eased the pain but an aggressive distribution wave has still taken hold, with funds and retail […]

Beaten down retailer Abercrombie & Fitch, Co. (ANF) got a much-needed boost this week, lifting more than 12% after Reuters reported that potential suitors might have opened preliminary merger discussions. These “expressions of interest” could forestall a steeper decline, following a brutal downtrend that’s dropped the formerly trendsetting chain more than 80% since 2011. War-weary […]

The major U.S. indexes moved slightly lower in a relatively quiet week of trading. Retail sales growth fell short of economist expectations, but preliminary consumer confidence in May rose more than expected to a robust 97.7. The primary driver behind the decline in equity markets was lackluster earnings among some larger companies. According to FactSet, […]

Snap Inc. (SNAP) shares fell more than 20% after posting its first quarter earnings report, which shaved more than $5 billion off its market capitalization. The company reported revenue that increased 285.8% to $149.65 million – missing consensus estimates by $8.33 million – and a net loss of $2.31 per share. While the app reached […]

Baidu Inc. (BIDU) recently announced first quarter financial results that delivered some mixed signals. While revenue was in-line with a 6.5% increase to $2.45 billion, earnings per share increased to $1.00 per share – beating consensus estimates by 13 cents. Shares initially moved lower as investors questioned the company’s new focus on artificial intelligence as […]Read More

Macao stocks have struggled this week after a major Chinese bank removed ATMs from the Special Administrative Region, citing the need for higher security units in response to a government crackdown on capital exiting the Asian giant. Market players sold the news because the island’s ATMs offer convenient portals to move money off the mainland, […]

Active traders who look to monitor the movements in the commodities market often utilize popular exchange-traded funds as their barometers. With the rise in popularity of exchange-traded products in recent years, it is now as easy to invest in a diversified portfolio of commodities as it is to buy into a position that tracks the […]

Several oil and gas pipeline stocks had strong rallies heading into September and October, but have stagnated since then with the prices consolidating in triangle patterns. Triangles often indicate a continuation of the overall trend, but that is not all always the case. Breakouts in either direction are noteworthy for those already holding the stocks, […]

Shares of Nordstrom plunged nearly 9% on Friday after JPMorgan downgraded the stock from neutral to underweight with a price target of $48. JPMorgan analyst Matthew Boss claimed that the struggling department store chain had “no silver bullets in the barrel” to revive its stagnant sales, and that it had “yet to find an equilibrium” […]