One of the most popular video game stocks is getting ready to report next week. Activision Blizzard, to be reported Tuesday, has recovered 39% this year. For comparison, the S&P 500 is up just 1%. Todd Gordon, managing director of Ascent Wealth Partners, sees tailwinds that should propel Activision even …
Read More »‘Tentative’ shoppers are here to stay
Under Armor stores are reopening across the county after being forced to close due to the Covid-19 crisis, but shoppers aren’t showing up like they used to, according to the retailer’s CEO. “The consumer is there, but it’s still not close to pre-Covid levels … there are doubts,” Under Armor …
Read More »Exxon’s debt burden is expected to increase as it commits to paying dividends
Investors had braced themselves for the bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed on Friday when both power companies reported second-quarter results that showed sharp declining sales and losses amid economic destruction caused by the coronavirus. Exxon XOM, -0.58% reported an adjusted loss …
Read More »Facebook stock spikes will be recorded as boycott of featured advertisers scares no one
Amid a global pandemic, some of the world’s largest advertisers said they would boycott Facebook Inc., which gets almost all of its money from online ads. It would be reasonable to think that this would lead to difficult times for Facebook’s business and actions. But that was not what happened …
Read More »Apple jumps to new record after third-quarter profit burst
Apple Inc. (AAPL) – Get report Shares jumped to a new all-time high on Friday, trading firmly above the $ 400 mark for the first time, after the tech giant posted extraordinary profits in the third quarter as stores closed off triggered by a pandemic. and disruptions to the supply …
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