Late last week Bristol Myers Squibb (BMY) got a nice 8% boost after sharing news that it gained approval from the Food and Drug Administration (FDA) for its schizophrenia drug. The stock has cooled off since and is up just shy of 4% over the past week, but it has been on a serious [...]
Shares of Accenture (ACN) are up just under 6% in the past week amidst hype for the company’s AI-powered performance in the fourth quarter. The business management consultant posted adjusted earnings per share of $2.79, which matched the analyst consensus. Revenue of $16.41 billion was a 2.6% improvement year over year and ahead of [...]
Shares of Snowflake Inc. (SNOW) are down roughly 2% Thursday morning, making it a 6% loss over the past month. The latest bit of downward pressure can be attributed to the company’s announcement that it will be raising $2 billion in debt. The plan involves two separate $1 billion Senior Convertible Notes, one of [...]
Shares of General Motors Co. (GM) are down more than 5% so far Wednesday morning, making for a 7% loss over the past month. This comes on the heels of a once-bullish analyst changing his stance on the stock, downgrading it from the equivalent of buy to hold. Daniel Roeska with Bernstein moved his [...]
Former US President and current candidate Donald Trump made it clear that American manufacturing is a priority for his platform. He just threatened to slap Deere & Co. (DE) with a 200% tariff should they go through with their plans to move manufacturing to Mexico - provided he wins the election, of course. Deere [...]
Shares of Radcom Ltd. (RDCM) climbed nearly 15% last week, and while we’ve seen a slight reversal after the weekend, the stock is still up more than 5% in the past 7 days. This comes after the company noted that it saw an uptick in demand for a wide array of product offerings. Its [...]
The goal with selling covered calls is to pocket premium income without having to actually sell your shares with the options contract expiring worthless. When done correctly, this can be a consistent way to generate profits without exposing yourself to much risk. However, the buyer of your contract may choose to exercise their right to [...]
FedEx (FDX) shared fiscal first-quarter results yesterday after the market closed, but it was the lowered guidance that really sent ripples through the market. The stock is down 14% so far Friday. Here’s how the company performed in Q1: Earnings: $3.60 per share compared to the consensus of $4.75 per share. Revenue: $21.6 billion [...]
Boeing (BA) shareholders have seen their investments shrink in value over the past year, as the stock has plummeted nearly 50% since December of 2023. From safety concerns to lawsuits and strikes, the company can’t seem to catch a break - but much of it appears to be self-inflicted as a result of cutting [...]
Covered calls are seen as one of the lowest-risk stock investment strategies because you are hedging an existing position through premium income. But you need to look beyond the benefits of trading stock options through this strategy and assess the covered call risk as well. So, what are the risks of covered calls? Ultimately, it [...]
