SunPower Corporation stock has seen a strong rise of 5% over the past week and currently trades at around $22 per share. The stock rally was driven by the jump in the broader indices, supported by strong Q2 ’21 earnings reported at the start of August. SunPower reported revenues of $309 million...
The shares of Hyatt Hotels are currently trading at 20% below the pre-pandemic level observed in February 2020. Due to mandatory closures and a steep decline in leisure travel demand, the company reported $736 million of operating cash burn in 2020 and $58 million for H1 2021...
Stocks continued to power ahead with every major market average rising in August. This was led by the NASDAQ, which brushed off a sluggish start to the month to gain 4.0% overall. Conversely, the Dow Jones lost ground after peaking midway through the month and ultimately ended as the worst [...]
The jobs report effectively ended any chance of a September announcement of tapering and provided evidence of the impact of the increase in infections. The combination of infections, legislative activity, and poor seasonality for stocks might make us all say, “wake me up when September ends.”
After dropping to lows of $321 in Q1, the shares of Lockheed Martin reached the highs of $394 in Q2 – registering a growth of 22%. The declines in January were largely associated with concerns of production breaks from the pandemic. As the company’s fundamentals are backed by a huge order backlog...
With El Salvador gearing up to adopt bitcoin as legal tender along side the U.S. dollar this week, social media users coordinating bitcoin purchases to coincide with the $30 worth of bitcoin that's being distributed to all Salvadorans...
Binance—controlled by billionaire Changpeng Zhao—said it will discontinue offering some of its products in Singapore after regulators announced last week that the world’s largest cryptocurrency exchange may be breaching rules in the city-state.
Litecoin prices reached their highest since May 19 today. The digital currency's network has been benefiting from stronger activity lately. Where will litecoin prices go in the coming weeks and months?