Jim Cramer praised Utz Brands Inc (NYSE:UTZ) on Tuesday morning, calling it a “nice price” and saying he was a fan of its potato chips. Minutes later, the snack maker announced it had agreed to be acquired by Germany’s Intersnack…
Semiconductor ETFs led ETF creations in the latest session, with the iShares Semiconductor ETF (NASDAQ:SOXX) attracting $1.38 billion in net inflows, narrowly edging out the Invesco QQQ Trust (NASDAQ:QQQ) at $1.37 billion. The Direxion Daily Semiconductor Bull 3X Shares (NYSE:SOXL)…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLK) State Street Technology Select Sector SPDR ETF 178.89 3.18 1.80 32.5K (NYSE:XLI) State Street Industrial Select Sector SPDR ETF 179.99 1.87 1.04 2.3K (NYSE:XLE) State Street Energy Select Sector SPDR…
Hasbro, Inc. (NASDAQ:HAS) stock rose Tuesday after the toy and gaming company reported second-quarter results that beat earnings expectations and raised its full-year outlook. Adjusted earnings came in at $1.28 per share, topping the analyst consensus estimate of $1.14. Revenue…
The Japanese yen has slid to its weakest level since late 1986. As of Tuesday morning, it took 162.77 yen to buy a single U.S. dollar, a level unseen in nearly four decades. Over the past five years, the dollar…
Envoy Medical Inc. (NASDAQ:COCH) on Tuesday said it surpassed the three-month milestone for all 56 patients enrolled in the company’s pivotal clinical trial evaluating the investigational fully implanted Acclaim cochlear implant. Envoy Medical Completes Three-Month Milestone In Acclaim Trial The…
The S&P 500’s momentum strategy has beaten the market for a decade by doing one thing: buying whatever is already winning. In July, that same strategy handed it the worst month in its history. The Invesco S&P 500 Momentum ETF…
Former New York Gov. Andrew Cuomo, speaking on Fox Business on July 20, discussed his role on the board of OKX, following the crypto exchange’s joint venture with NYSE’s parent company Intercontinental Exchange Inc. (NYSE:ICE). “The biggest misconception was that…
Northrop Grumman Corporation (NYSE:NOC) shares are trading lower Tuesday after the company reported second-quarter financial results. Northrop Grumman shares are retreating from recent levels. Why is NOC stock falling? Beats Q2 Estimates, Backlog Hits Record $104.7B Northrop reported GAAP earnings per…
AMC Entertainment Holdings, Inc. (NYSE:AMC) just reported the strongest quarter in its 106-year history, but record EBITDA wasn’t management’s biggest message to investors. Instead, CEO Adam Aron used the company’s second quarter earnings call to argue that AMC is now…