L Brands Inc. (NYSE: LB) operates a specialty retail business focused on women’s intimate and other apparel, personal care, and beauty categories. Based in Ohio, the company was founded by Leslie “Les” Wexner in 1963. In 1982, L Brands, then known as The Limited Inc., was first listed on the New York Stock Exchange. Key
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Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images Check out the companies making headlines in after the bell. Facebook — Shares of the social media giant fell more than 3% after warning of significant growth slowdown as it reported quarterly earnings. Facebook surpassed analysts’ estimates for earnings and
It would be inaccurate to say that a position in SOS Limited (NYSE:SOS) is exactly the same as owning cryptocurrency. Yet there’s definitely a connection between crypto and SOS stock. Source: Shutterstock Some folks would say that digital assets like Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD) are in recovery mode after a multi-month breakdown. There may be merit to this
Movie theater chain AMC Entertainment (NYSE:AMC) has had a busy few weeks. First, the Reddit favorite abandoned its request that its shareholders approve the issuance of 25 million new shares. Then, AMC announced that CEO Adam Aron would also become its chairman, replacing an executive at billionaire-controlled Dalian Wanda Group. Both of these news items
This year has been really good to AMC Entertainment (NYSE:AMC) stock. In spite of being down 45% from its highs, it is still up 1,700% year-to-date. Compare that to Apple (NASDAQ:AAPL) which is up only 10%. Source: rblfmr / Shutterstock.com I mention these two together because they are on opposite ends of the financial health
Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of
Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve has edged closer to winding down its bond buying program, but some market pros say the central bank could now
The pandemic could not stop the growth of the online betting and fantasy sports company DraftKings (NASDAQ:DKNG) stock. DraftKings has been making news lately and is growing its presence. Source: Tada Images / Shutterstock.com The company is on an expansion spree and has recently marked a deal with a non-fungible token (NFT) platform. DKNG stock has
Meta Materials (NASDAQ:MMAT) is a Canadian company that recently listed on the Nasdaq via a SPAC (special purpose acquisition corporation) reverse merger. To put it bluntly, MMAT stock is the kind of highly speculative stock you ought to avoid. Source: Shutterstock This high-tech company develops nanocomposite materials and products. The debt-free company announced it had closed
A lot has happened on Wall Street in the past two years. The pandemic on Main Street changed how we invest in stocks. Two major memes blossomed into exciting opportunities, combining to create the opportunity for QuantumScape’s (NYSE:QS) stock. Source: Michael Vi / Shutterstock.com The electric vehicle charge against the internal combustion engine is a
Bitcoin hit 1 Trillion dollars today and Mark Yusko and Preston talk about what this means for the path moving forward.
Bulls: -The stock market is going up -There is positive momentum -The term “bulls” is used because of the way a bull attacks (on an upward pattern) -The phrase “a bull for McDonald’s” means you are long or positive on McDonald’s Bears: -The stock market is going down -There is negative momentum -The term “bears”
Two Companies with Strong Balance Sheets.
Serving on a corporate board of directors can be a lucrative side gig or second career for high-profile executives and recent retirees. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. The median compensation for members of private company boards of directors was
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters For a few glorious weeks, Wall Street employees who were
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
Microsoft (NASDAQ:MSFT) reported very impressive revenue, earnings and free cash flow (FCF) growth for its most recent quarter on Jul. 27. I previously reviewed the software company on Jul. 16 — prior to these earnings — and projected out a value for MSFT stock of $400 per share. Source: The Art of Pics / Shutterstock.com I
In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the Chinese government’s decision to investigate and penalize it. The shares
According to Quiver Quantitative, Cleveland-Cliffs (NYSE:CLF) is the ninth-most commented equity on the Reddit r/WallStreetBets board for the past seven days. However, before you head down the Cleveland-Cliffs path and buy CLF stock, you might want to consider why it might not be a slam-dunk. Source: IgorGolovniov / Shutterstock.com Cleveland-Cliffs’ business might be rolling right