Latest Articles
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Why Is Expedia Stock Up 24% This Year?
Expedia (NASDAQ: EXPE) stock remains up by about 24% year-to-date, in line with the S&P 500 which remains up by a similar 24% this year. In comparison, peer Tripadvisor (NASDAQ: TRIP) is down 36% year-to-date. So what are some of the tre...
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What’s Behind The 500% Rise In IONQ Stock?
The stock price of IonQ Inc. (NYSE: IONQ), a quantum computing company, is up a whopping 500% in the last six months. IonQ offers access to a range of quantum computers with varying qubit counts. Unlike conventional computers that operate using ...
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What’s Happening With Rumble Stock?
The stock price of Rumble Inc. (NASDAQ: RUM), a video sharing platform, was up a large 81% on Monday, December 23. The surge came after the company announced that Tether – a digital payment system that uses blockchain technology – will invest $77...
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What’s Happening With Novo Nordisk Stock?
Novo Nordisk ADR (NYSE: NVO) currently trades at $85 per share, more than 40% below its peak level of over $145 seen in June of this year. In contrast, its closest peer, Eli Lilly stock (NYSE:LLY) is down 15% over this period. NVO stock was tra...
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What’s Next For Crocs’ Stock?
Crocs ‘ (NASDAQ: CROX) recent performance has been a story of contrasting fortunes, with its flagship brand thriving, while the HeyDude brand, acquired in 2022, has struggled to gain traction. The company’s stock has experienced a 2...
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Capital One-Discover Deal Updates
Capital One (NYSE: COF) announced last week that it had received approval from the Office of the Delaware State Bank Commissioner on Wednesday to acquire Discover Financial (NYSE:DFS) . This is seen as one of the key regulatory hurdles in th...
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Why American Express Stock Has Surged 55% This Year
American Express (NYSE: AXP) stock remains up by about 55% over the past year, considerably outperforming the S&P 500 which remains up by about 23% this year. In comparison, peer Capital One (NYSE: COF) is up 33% year-to-date, while Visa...
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What’s Next For EOG’s Stock?
An energy company engaging in the exploration, development, production, and marketing of crude oil and natural gas, EOG Resources (NYSE: EOG) stock has been almost flat since the beginning of this year, compared to a 23% return of the S&P 500...
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Why Visa Stock Is Up 22% This Year
Visa stock (NYSE: V) is up approximately 22% year-to-date compared to a 23% rise in the S&P500 index over the same period. Visa peer Mastercard (NYSE: MA) has returned about 23%. So what are some of the factors driving Visa stock’s ...
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What’s Happening With FedEx Stock?
FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value. The division is estimated to be worth over ...
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Why Is Nike Stock Down 28% This Year?
Note: Nike’s FY’24 ended on May 31, 2024. A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock is down 28% since the beginning of this year, compared to 23%...
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What’s Behind 300% Rise In QUBT Stock?
The stock price of Quantum Computing Inc. (NASDAQ: QUBT), an integrated photonics company, focused on developing and commercializing quantum computing technologies, lost over 40% of its value on Thursday, December 19. Still, the stock is up a who...
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How Nvidia Stock Could Drop 50%
Could Nvidia stock (NASDAQ:NVDA) fall by about 50% to levels of around $65 in the near term from the roughly $130 level it is at currently? We believe this is a real possibility. Nvidia has seen its business boom, led by the surging demand for ...
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What’s Next For EL Stock After A 50% Fall This Year?
Despite an almost 50% decline in Estée Lauder stock (NYSE: EL) since the beginning of the year, at the current price of $75 per share, we believe the company could face a significant downside. Why is that? Well, Estée Lauder’s revenues wo...
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Should You Pick American Airlines Stock At $17?
American Airlines stock (NASDAQ: AAL) is up 15% in this month after the company raised its Q4 outlook. American Airlines now expects its Q4 earnings to be in the range of $0.55 and $0.75 per share, versus its prior guidance of $0.25 to $0.50. T...
