Author: pluginever
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Hedge Funds are dumping energy stocks at the fastest pace since June 2022 according to Goldman Sachs
https://twitter.com/Barchart/status/1840982914831438207?t=KGgpDh5eP2UpJBngLtMX0w&s=19 funds have been offloading US energy stocks at the fastest rate seen in five years marking the sector as the most heavily sold on Goldman Sachs’ prime brokerage trading desk last week, according to a report by Reuters. The report cites a note sent to clients on Friday as highlighting that the rapid increase…
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What’s going on with Novo Nordisk (NVO)?
The stock did have a pretty nice run in the last year, but it’s slid in the past few months (~20% since it’s High in June) for no clear reason (I understand it should have dropped short term based on the below, but this seems a little more than I would have expected). Their capacity…
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Lockheed Martin Raises Quarterly Dividend by 4.8%, Boosts Buyback Program
The global security and aerospace company on Wednesday said that its board of directors approved a quarterly payout to shareholders of $3.30 a share from $3.15 previously. The new payout, equal to $13.20 annually, represents a yield of 2.19%, based on the company's last closing price of $603.20. The dividend will be paid on Dec.…
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Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Private payrolls show better-than-expected growth of 143,000 in September, ADP says https://www.cnbc.com/2024/10/02/private-payrolls-show-better-than-expected-growth-of-143000-in-september-adp-says.html Key Points Private companies added 143,000 jobs in September, an acceleration from 103,000 in August and better than the 128,000 consensus forecast, ADP reported Wednesday. Job gains were fairly widespread, with leisure and hospitality leading at 34,000, followed by construction (26,000) and…
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(10/3) – Thursday’s Stock Market News & Movers
Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your stock news & movers on this Thursday, October the 3rd, 2024- Stock futures edge lower as traders await Friday’s jobs report: Live updates Stock futures edged lower Thursday as investors look ahead to…
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Should I buy ATEC, UMC or INTC?
I'm noob and just started my first portfolio. I plan to invest ~$1000 into a tech or med stock with low purchase price (
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Levi Slumps After Paring Back Its Full-Year Sales Outlook
(Bloomberg) — Denim maker Levi Strauss & Co. narrowed its full-year revenue outlook to the bottom end of its previous range, sending shares down sharply in extended trading. Net revenue is expected grow about 1% in the company’s current fiscal year, compared with a previous range of 1% to 3%. Sales in the company’s…
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Chinese government stimulates housing industry, deregulates mortgages, and lowers sales tax, causing bullish stock market
As stated by numerous medias, Chinese stocks have reached new heights, leaping 8-10% daily, a wonderful change from it's long bearish market (By the way, they are also enjoying their national holiday). Likewise, foreign IPO's in the NYSE have also performed well compared to the rest of the market. According to data from previous decades,…
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What exactly is happening with Humana and should I be interested in investing
What is going on with Humana and should us investors be interested in invest since it’s at a crash. Or hold back. I was looking at some trending stocks and I found out Humana had a crash due to some cut backs at their company. Should I be looking into investing at this time? I…
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PSA: Lam Research Forward Split 10:1 effective today (Oct 3rd)
Don't be like me and sit down at your desk with a cup of coffee this morning and panic a wee bit after you open your portfolio and see your position is down by 90+%. LCRX From their press release: FREMONT, Calif., May 21, 2024 /PRNewswire/ — Lam Research Corporation (Nasdaq: LRCX) today announced that…