Shares of Bloom Energy Corp. BE, + 5.44% rose 1.5% to a 19-month high in Thursday morning trading, after Morgan Stanley analyst Stephen Byrd said the alternative energy company’s dive into the hydrogen market gave it another reason. to be optimistic. The stock’s gain follows the 34.8% rise in rocket …
Read More »Bank of America’s earnings fall as bad loan provisions increase, but results in best estimates
Bank of America Corp. BAC, -2.03% He said Thursday that he had a net income of $ 3.5 billion, or 37 cents a share, in the second quarter, down from $ 7.3 billion, or 74 cents a share, in the prior-year period. The number was affected by a $ 4 …
Read More »Jones Jones Industrial Average Slips, Tesla Stock Slides and Walt Disney Drops
Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
Read More »Goldman Sachs earnings report: Shares soar after bank crushed estimates
Text size The Goldman Sachs building is seen in lower Manhattan Photograph by Spencer Platt / Getty Images Goldman Sachs Group has just reported an explosive quarter, thanks to an increase in trade and subscription, but Wall Street wonders how long the good times will last. The investment bank’s shares …
Read More »Hanesbrands improved sales at major retailers such as Walmart and potential market share gains from Victoria’s Secret store closings
Hanesbrands Inc. HBI, + 11.87% Shares rose 5.6% in pre-market trading on Wednesday after it was upgraded to a strong market buy in Raymond James based on its distribution to major retailers and possible market share gains from closings. from Victoria’s Secret stores. Raymond James is priced at $ 20 …
Read More »