Wayne Duggan - Spark Newswire

1 minute read

This Day In Market History: 1980s Bull Market Begins

Today, 5:14 AM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1982, the great bull market of the 1980s began. Where The Market Was: The Dow Jones Industrial Average closed at 869.29 and the S&P 500 traded at 113.02.

SPY

2 minute read

Why Splunk Is A ‘Top Pick’

By Wayne Duggan

Today, 5:14 AM

Splunk Inc (NASDAQ: SPLK) shares have struggled in the past year, but Bank of America analyst Brad Sills said Thursday that the stock is still a “top pick” heading into next week’s earnings report.

SPLK

3 minute read

Pro Trader Highlights Her Top Reopening Stocks With Bullish Technical Setups

By Wayne Duggan

Today, 5:14 AM

At the Benzinga Reopening Stocks Summit on Wednesday, Bellrock Pro owner Silvia Bellrock discussed how investors can use technical analysis to select the best economic reopening stocks in today’s market.

GTY

3 minute read

Expert Panel Talks China, Inflation And The Importance Of A Stock Selection Process

By Wayne Duggan

Today, 5:14 AM

At the Benzinga Reopening Stocks Summit on Wednesday, a panel of experts discussed macroeconomic factors investors need to be monitoring closely, the importance of the stock selection process and what economic indicators are most relevant in today’s market.

SPY

2 minute read

Afghani Currency Hits New Lows As Taliban’s Takeover Continues: What Investors Need To Know

By Wayne Duggan

Today, 5:14 AM

Afghanistan’s currency fell to its lowest levels in history on Wednesday as the Taliban continues its push to gain complete control of the country. What Happened? The Afghani dropped 4.6% on Tuesday and was trading at as low as 86.0625 per dollar. On Wednesday, the Afghani was trading at 79.9358 per dollar.

SPY

2 minute read

Krispy Kreme Analysts React To First Earnings Report: ‘Not Likely To Sway Investors’

By Wayne Duggan

Today, 5:14 AM

Krispy Kreme Inc (NASDAQ: DNUT) shares have struggled since the company completed its IPO on July 1. On Tuesday, the donut maker released its first quarterly earnings report since the IPO, and the numbers underwhelmed the market.

DNUT

2 minute read

Canaccord Upgrades BlackBerry On ‘Increased Conviction In Company’s Growth Prospects’

By Wayne Duggan

Today, 5:14 AM

BlackBerry Ltd (NYSE: BB) shares traded higher by 3.9% on Wednesday after the stock landed an analyst upgrade. The Analyst: Canaccord Genuity analyst Michael Walkley upgraded BlackBerry from Sell to Hold and reiterated his $10 price target.

2 minute read

If You Invested $1,000 In Genius Brands Stock One Year Ago, Here’s How Much You’d Have Now

By Wayne Duggan

Today, 5:14 AM

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return over the last 12 months is 34.6%. But there is no question some big-name stocks performed better than others along the way.

GNUS

3 minute read

Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

By Wayne Duggan

Today, 5:14 AM

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.

2 minute read

Bill Ackman Facing New Lawsuit After Failed SPAC Deal

By Wayne Duggan

Today, 5:14 AM

Billionaire hedge fund manager Bill Ackman will be headed to court after a new lawsuit was filed on Tuesday related to his special purpose acquisition company (SPAC).

NKLA