Wayne Duggan - Spark Newswire

2 minute read

If You Invested $1,000 In Visa Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

Today, 2:02 AM

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

2 minute read

Morgan Stanley Bullish On Airline Stocks, Names Southwest, Delta Top Picks For 2023

By Wayne Duggan

Today, 2:02 AM

Most airline stocks have lost altitude in a difficult 2022 environment, but one Wall Street analyst said Monday that 2023 could be a big year for airlines. Morgan Stanley analyst Ravi Shanker issued the following changes to his airline coverage:

AAL

2 minute read

Okta, Atlassian Are ‘Zombie Stocks’ In Danger Of Dropping To $0: Analyst

By Wayne Duggan

Today, 2:02 AM

New Constructs CEO David Trainer added Atlassian Corp (NASDAQ: TEAM) and Okta Inc (NASDAQ: OKTA) to his Zombie Stock list.

AMC

2 minute read

What’s Next For Stocks After Fed Chair Powell Says Smaller Interest Rate Hikes Could Start In December?

By Wayne Duggan

Today, 2:02 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) rallied this week following dovish commentary from the Federal Reserve chair, but the November jobs report revealed the U.S.

AAPL

2 minute read

Tesla Has Been The Most Profitable Stock For Short Sellers 2 Months In A Row

By Wayne Duggan

Today, 2:02 AM

Tesla Inc (NASDAQ: TSLA) shares have rallied 7.2% in the last five days, but Tesla continues to be one of the most profitable stocks in the market f

BABA

2 minute read

‘Eye-Popping For The Fed’: 5 Experts React To November Jobs Report, What It Means For Interest Rates

By Wayne Duggan

Today, 2:02 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from November.

APTV

1 minute read

US Adds 263,000 Jobs In November As Labor Market Stays Hot Despite Fed Hikes

By Wayne Duggan

Today, 2:02 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday morning after the Labor Department reported strong U.S.

SPY

2 minute read

Investors Abandoning Healthy Companies At Fastest Past In History: Is The Fed To Blame?

By Wayne Duggan

Today, 2:02 AM

The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: LQD) experienced a record $3 billion in outflows on Monday, the largest single-day exodus since the fund was launched

LQD

2 minute read

Stocks Rip Higher After Powell Says Fed Could Dial Back Interest Rate Hikes ‘As Soon As The December Meeting’

By Wayne Duggan

Today, 2:02 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) jumped just minutes into Fed Chair Jerome Powell's Wednesday Brookings Institution speech when he suggested the Fed could begin easing back on its interest rate hikes

SPY

2 minute read

Elon Musk Lashes Out At Apple In Tweetstorm Over Threat Of Twitter App Store Ban: ‘Do They Hate Free Speech?’

By Wayne Duggan

Today, 2:02 AM

Twitter's new owner Elon Musk lashed out at Apple, Inc (NASDAQ: AAPL) on the social media platform in a series of at 11 and counting tweets on Monday, accusing the iPhone maker of censoring its users and opposing free speech.

AAPL