Finance
Quantum computing stocks popped after reports the Trump administration is eyeing equity stakes. IonQ and Rigetti gained double digits, as traders chased the federal tailwind. Meanwhile, energy stocks climbed with crude, helped by fresh sanctions on Russia. Can the rally hold without stronger data support? With no major economic reports hitting the wires — thanks…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Congresswoman Marjorie Taylor Greene (R-Ga.) is among the most active traders in Congress. Here’s a look at her latest trades disclosed, which comes with increased attention on Congress Trades from retail traders. A new disclosure from Greene, which…
My top 10 things to watch Thursday, Oct. 23 1. Wall Street was headed for a lower open after a rough Wednesday. Bond yields, gold, and crypto were up. Oil was lower. The White House is considering export curbs on U.S. software to China, Treasury Secretary Scott Bessent confirmed yesterday. 2. U.S. crude prices jumped…
Wall Street will finally get U.S. inflation data for September, and the numbers could inject some more volatility into an already jittery stock market. The latest consumer price index report is set for release Friday at 8:30 a.m. ET. Economists in general expect headline CPI to have risen 0.4% month over month and 2.9% year…
The latest frenzy in Beyond Meat is offering a fresh reminder for investors chasing the latest viral stock — Riding the meme wave is fun, until it isn’t. The food company known for its plant-based burgers and sausages experienced monstrous gains of 128% Monday and 146% Tuesday. On Wednesday, the stock erased a triple-digit intraday…
We recently published 10 Trending Stocks Moving These Days. Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the trending stocks moving these days. On October 9, Josh Brown from CNBC commented on AMD’s massive surge following its deal with OpenAI. Brown said he fails to understand the “thought process” of buying stocks based on their…
Beyond Meat stock dropped on Thursday, extending losses after its weeklong rally stumbled in the previous session. Yet, while the plant-based meat producer’s stock is stumbling, the meme-fueled frenzy has already left short-sellers hurting. Following a four-day rally that took the stock up more than 1,300%, Beyond Meat wiped out a huge gain on Wednesday…
The Wall Street Journal reported that the government is considering taking an equity stake in several quantum computing companies. Shares of D-Wave Quantum (QBTS +16.20%) blasted nearly 21% higher as of 10:39 a.m. ET today after The Wall Street Journal reported that the U.S. government may take an equity stake in several of the pure-play…
Meme stocks redux! Several stocks, many with high short-interest, traded huge option volumes Wednesday. High short interest was a characteristic some speculators used to identify opportunities in the meme stock craze of early 2021. During that period, stocks like GameStop (GME) and AMC Entertainment (AMC) experienced huge moves, and participants on Reddit’s WallStreetBets forum, like…
Key Takeaways Tesla shares fell Thursday morning after the company’s quarterly profit came in short of analysts’ estimates, even as it returned to revenue growth following two quarters of declines. The stock looks set to break down below a pennant pattern in Thursday’s trading session, suggesting waning bullish momentum and the potential for a near-term…