These stocks are likely to soar when the bull market rebounds
Stocks that lose the most often make a strong recovery once market liquidity returns.
Shopify’s stock soars as company bucks mixed spending signals with earnings beat
Shopify posted a big beat on free cash flow for the second quarter.
Oil prices lifted as stocks extend bounce and traders eye Middle East tensions
Oil futures rose Wednesday, finding support as the stock market continued its recovery from a global rout that had served to pull down commodity prices.
These sectors thrive in ‘deep recession’ scenario where yields fall and spreads widen, says Citigroup
As recession fears build on Wall Street, Citigroup strategists have put together the sectors that would do best in such an environment.
IHOP parent Dine Brands’ stock falls after revenue miss and lowered sales guidance
The parent of Applebee’s and IHOP had a better-than-expected profit in its latest quarter but revenue fell short.
New York Times says new digital-only subscribers helped profit rise 41%
News-media provider added 300,000 digital-only subscribers, bringing the number to a total of 10.84 million
Warner Music’s stock rises after profit matches estimates despite small revenue miss
Warner Music Group Corp.’s stock rose 3% premarket Wednesday, after the company matched profit estimates for the second quarter, offsetting a small revenue miss.
CVS’s stock drops as the healthcare-benefits business continues to hurt profits
CVS’s CEO said the company is “taking action” to address its challenges, including making leadership changes in some business segments.
Strike partners with Bitstamp to bolster crypto purchases for EU users
Strike and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe. Bitstamp will provide fiat-to-crypto conversion support for Strike....