Tag: stock

The SEC versus Ripple Labs—XRP’s Fight Against Administrative Overreach

It’s been nearly 20 months since the Securities and Exchange Commission (SEC) sued Ripple Labs for selling XRP as unregistered securities. John Deaton, who represents Ripple in the SEC vs. Ripple Labs court case battle, believes there’s major evidence of overreach by the SEC. In December 2020, the Ripple case was launched by Jay Clayton,…


APE Stocks: A Clever Way to Raise Funds, but Should You Cash In?

APE, the new preferred share class of the AMC movie theatre chain, began trading on the New York Stock Exchange this week—and it sure is intriguing. In the age of the “meme stock” and Reddit groups manipulating the market, it’s unlikely that this will be the last unorthodox investment scheme we see in the near future….


Stocks Edge Higher as Wall Street Waits for Fed Speech

NEW YORK—Stocks ticked higher Wednesday as Wall Street waits for a highly anticipated speech about interest rates at the end of the week. The S&P 500 edged up 12.04 points, or 0.3 percent, to 4,140.77, as traders overall again held off on making big moves. The Dow Jones Industrial Average added 59.64, or 0.2 percent,…


Stocks End Higher on Wall Street; Economic Worries Hit Oil

Stocks on Wall Street bounced back from an early slide and closed higher Monday, extending the market’s recent winning ways as investors look ahead to several updates from retailers this week. The S&P 500 rose 0.4 percent after having been down 0.5 percent in the early going. The benchmark index has risen for four straight weeks…


Ahead Of Tesla Share Split, Here’s How Much $1,000 Invested In Amazon, Alphabet Before Their 2022 Stock Splits Would Be Worth Today

Tesla Inc’s shares will begin trading on a split-adjusted basis on Aug. 25. Expectations are that the stock will trade up in the run-up to the split. Incidentally, two other big techs—Amazon.com Inc and Alphabet Inc recently split their shares. Does the post-split trading in these stocks have any read across for Tesla? It could be…


Stocks Rally Again, Close Out Best Month Since November 2020

Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The S&P 500 index, a benchmark for many stock funds, rose 1.4 percent and finished 9.1 percent higher for July. A rebound in technology stocks, big retailers,…


These 3 Mega Caps Are Bear Market Buys

Article by MarketBeat Staff Just like the animal they mimic, bear markets are known to have a wide reach. When the bears take a swipe at elevated stock prices, few names survive. This year’s bear market attack has spared few industries. High flying technology companies have been especially hard hit by the impact of rising rates on valuations…


Exxon Mobil Leads The Oil Sector: Have Both Peaked?

Article by Kate Stalter It’s pretty easy to find stocks in freefall these days, especially in sectors like technology and travel and leisure, but energy giant Exxon Mobil (XOM) is correcting in an orderly fashion. Before examining its current base, let’s review its performance over recent time frames: Year to date: +47.13 percent Three months: +1.58 percent One month: +2.50 percent…


Stocks End Higher on Wall Street, Still Down for the Week

Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations. A July survey from the University of Michigan showed that inflation expectations have held steady or improved, along with general consumer sentiment. The…


Here’s How Apple Stock Looks Near-Term, Longer-Term as Market Bear Cycle Continues

Apple Inc. was sliding almost 4 percent lower at one point on Thursday, in sympathy with the general markets, which saw the S&P 500 falling almost 2 percent. The tech giant holds a 6.2 percent weighting in the S&P 500, which often causes the stock and the ETF to trade in tandem. The markets recently…