Wayne Duggan - Spark Newswire

2 minute read

How Much Of An Impact Could The US COVID-19 Delta Surge Have On Stocks?

Today, 4:01 AM

The Delta variant of COVID-19 has created another wave of cases in the U.S. and produced growing volatility in stocks that were heavily impacted during the original pandemic shutdowns in 2020.

SPY

1 minute read

IBM Launches First PC 41 Years Ago Today: What’s Happened Since?

By Wayne Duggan

Today, 4:01 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 1981, IBM (NYSE: IBM) launched its IBM Personal Computer.

AAPL

2 minute read

Upstart Stock Soars After Q2 Earnings: $635B Auto Lending Opportunity?

By Wayne Duggan

Today, 4:01 AM

Upstart Holdings Inc (NASDAQ: UPST) shares gained 20% on Wednesday after the company reported a second-quarter earnings beat and issued strong guidance for the third quarter.

UPST

2 minute read

4 Coinbase Analysts Break Down Q2 Earnings: ‘We See Material Monetization Opportunities’

By Wayne Duggan

Today, 4:01 AM

Coinbase Global Inc (NASDAQ: COIN) gained more than 7% on Wednesday after the company reported a surge in second-quarter profits during a particularly volatile period in the cryptocurrency market.

COIN

2 minute read

DraftKings Analyst Talks Golden Nugget Deal: ‘This Alignment Is A Smart Move’

By Wayne Duggan

Today, 4:01 AM

DraftKings Inc (NASDAQ: DKNG) became the latest gambling stock to complete a major merger deal earlier this week when the company announced a $1.56 billion buyout of Golden

DKNG

1 minute read

This Day In Market History: Mall Of America Opens

By Wayne Duggan

Today, 4:01 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 1992, the Mall of America opened in Bloomington, Minnesota. Where The Market Was: The Dow Jones Industrial Average closed at 3,331.10 and the S&P 500 traded at 418.90.

JWN

2 minute read

Why Zillow Stock Is Down 20% In 2021 In The Middle Of A Housing Boom

By Wayne Duggan

Today, 4:01 AM

Historically low interest rates have created a boom in the U.S. housing market in 2021. Unfortunately, shares of real estate sales platform Zillow Group Inc (NYSE: Z) are down 22.4% year-to-date, a frustrating trend for Zillow investors.

INVH

2 minute read

SmileDirectClub Stock Tumbles After Q2 Earnings: Is The Growth Story Broken?

By Wayne Duggan

Today, 4:01 AM

SmileDirectClub Inc (NASDAQ: SDC) shares dropped 22.6% on Tuesday after the company reported disappointing second-quarter numbers following an April cyberattack.

SDC

3 minute read

Experts Weigh In On AMC Earnings: ‘Still A Business That Is So Incredibly Challenged’

By Wayne Duggan

Today, 4:01 AM

AMC Entertainment Holdings Inc (NYSE: AMC) shares gained 1% on Tuesday after the company reported a smaller second-quarter loss than the market had expected.

AMC

2 minute read

5 Walmart Stock Catalysts Coming Before The End Of 2021

By Wayne Duggan

Today, 4:01 AM

Walmart Inc (NYSE: WMT) has significantly lagged the overall S&P 500 over the last six months, but BofA Securities analyst Robert Ohmes said Tuesday the discount retailer has plenty of potential bullish catalysts ahead between now and the end of the year.

AMZN