United Airlines Soars on Strong Earnings: Should You Look Past Boeing Concerns and Buy UAL?
Shares of United Airlines (UAL) are cruising higher after a solid first-quarter performance in which the airliner had to overcome a myriad of adversities. The stock is up 13% so far today after delivering a better-than-expected top and bottom line. Revenue of $12.54 billion represented a nearly 10% growth year over year and narrowly outpaced the $12.43 billion analysts [...]
Live Nation Takes 7% Loss Amidst Antitrust Suit: Should You Cut Losses on LYV While You Still Can?
Live Nation (LYV) has fallen around 7% so far Tuesday morning after news broke Monday after the market closed that the entertainment company could be in hot water with the Justice Department. While both Live Nation Entertainment Inc. and the Justice Department themselves chose to keep quiet on the matter, a source at Wall Street Journal is reporting an [...]
Adidas Gains 5% on Double Upgrade and Pro Partnerships, But Is it Really Time to Buy ADDYY?
Adidas (ADDYY) is running in the right direction Monday morning after getting a double upgrade from Morgan Stanley analysts. A team led by Edouard Aubin moved their position from underweight up two notches to overweight, taking a bullish stance on the athleticwear and shoe brand. This comes after Aubin and his team noted an uptick in momentum and investor [...]
Last Week’s Market Rollercoaster: A Week of Caution, Mixed Results, and Interest Rate Concerns
Monday: Wall Street started cautiously, awaiting key inflation data later in the week. The Dow dropped marginally by 0.03%, the S&P500 dipped slightly by 0.04%, and the Nasdaq saw a modest increase of 0.03%. Tuesday: The market remained choppy, with mixed results. The Dow decreased by 0.02%, the S&P500 rose by 0.1%, and the Nasdaq gained 0.3%. Wednesday: The [...]
Are Dividend Stocks Worth it?
Dividend stocks are a hot topic, and for good reason. These stocks represent shares in companies that pay out a portion of their profits to shareholders, offering a dual reward of regular income and investment growth. But the question arises: are dividend stocks worth it? While they promise a passive income stream, there are considerations such as market volatility and [...]
Apple Has Struggled So Far This Year, But Here’s Why Investors Should Hold Their Position…
It’s been a tough stretch thus far through 2024 for Apple (AAPL), which is down more than 6% year-to-date. Meanwhile, the S&P 500 index is up 8%. So what’s going on with this stock, and should you be concerned as an AAPL investor? One analyst thinks it’s just a matter of investors not realizing just how impressive the company’s [...]