Wayne Duggan - Spark Newswire

2 minute read

Why Zoom Video Is A Top Communications Stock Pick

Today, 11:26 PM

Earlier this month Zoom Video Communications Inc (NASDAQ: ZM) announced a $14.7-billion takeover of Five9. On Monday, Bank of America analyst Daniel Bartus named Zoom a top communications stock pick after performing a deep dive on the company.

1 minute read

This Day In Market History: American Market Speculator Jesse Livermore Is Born

By Wayne Duggan

Today, 11:26 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On July 26, 1877, famed U.S. market speculator Jesse Livermore was born.

DIA

2 minute read

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

By Wayne Duggan

Today, 11:26 PM

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 34%. But there is no question some big-name stocks performed better than others along the way.

AMZN

2 minute read

Wedbush Downgrades Rocket Companies, Cuts Earnings Estimates Through 2023

By Wayne Duggan

Today, 11:26 PM

Rocket Companies Inc (NYSE: RKT) traded lower Tuesday after the retail mortgage giant received its second Wall Street downgrade in just over a week.

RKT

2 minute read

Blue Origin Successfully Completes Journey To Space, Virgin Galactic Shares Tumble

By Wayne Duggan

Today, 11:26 PM

Amazon.com, Inc. (NASDAQ: AMZN) founder Jeff Bezos successfully reached space on Tuesday morning, becoming the second high-profile billionaire to make the journey aboard a private commercial flight this month.

AMZN

2 minute read

‘We Are More Than Due For Some Turbulence’: Experts React To Stock Market’s Worst Day In Months

By Wayne Duggan

Today, 11:26 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021.

SPY

2 minute read

Bond Market Pricing In At Least One Interest Rate Hike In 2022

By Wayne Duggan

Today, 11:26 PM

One of the biggest fears among investors so far in 2021 has been that higher-than-expected inflation could prompt the Federal Reserve to act sooner and more aggressively with tightening measures, including potential interest rate hikes.

SPY

2 minute read

Analyst: Zoom Video Buyout Of Five9 Accelerates xCaaS Expansion

By Wayne Duggan

Today, 11:26 PM

Five9 Inc (NASDAQ: FIVN) shares traded higher by 4.5% on Monday morning after Zoom Video Communications Inc (NASDAQ: ZM) announced a $14.7 billion takeover of Five9.

FIVN

1 minute read

This Day In Market History: The Dow’s Final Pre-Crisis Milestone

By Wayne Duggan

Today, 11:26 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 12 years ago, the Dow Jones Industrial Average closed above 14,000 for the first time in history.

AAPL

2 minute read

3 Digital Currency Challenges Faced By Central Banks, Traditional Banks

By Wayne Duggan

Today, 11:26 PM

The rise in popularity of Bitcoin (CRYPTO: BTC) and other cryptocurrencies has put pressure on the U.S. Federal Reserve and other central banks around the world to create their own central bank digital currencies, or CBDCs.

BAC