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Traditional retail stocks are having an explosive week as companies like Under Armour report strong earnings. Is it the start of a new trend that will last into yearend? The athletic-apparel company's sales topped estimates by about 5 percent, but earnings were almost...
The GameStop short squeeze has spread waves of uncertainty across the market, overshadowing major earnings and economic news. The S&P 500 plunged 3.3 percent between Friday, January 22, and Friday, January 29. It was the biggest weekly decline since October, with...
GameStop just had one of the craziest trading sessions in recent memory. The video-game retailer entered the session with a year-to-date gain of over 1,600 percent, propelled by a short squeeze of epic proportions. Seconds after 10 a.m. ET, it reached a high of $483....
GameStop's epic short squeeze is a stunning example of how quickly markets can change. A big example of this appeared on Google Trends. This screenshot compares interest in GameStop (GME) and Tesla (TSLA) on Google Finance over the last seven days. A week ago, GME had...
Earnings season began on a weak note as major banks set aside billions for credit defaults after coronavirus shut down the U.S. economy. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) took more than $19 billion of combined loan-loss...
Smaller and newer technology stocks have rallied on strong earnings in the last week, even as older companies stagger. Uber Technologies (UBER), Shopify (SHOP) and Pinterest (PINS) jumped after announcing their quarterly numbers. Each company beat earnings and revenue...