In trading on Wednesday, shares of Palantir Technologies Inc (Symbol: PLTR) crossed below their 200 day moving average of $157.99, changing hands as low as $157.28 per share. Palantir Technologies Inc shares are currently trading down about 5.1% on the day. The chart below shows the one year performance of PLTR shares, versus its 200 day moving average: Looking at the chart above, PLTR's low point...
In trading on Wednesday, shares of Palantir Technologies Inc (Symbol: PLTR) crossed below their 200 day moving average of $157.99, changing hands as low as $157.28 per share. Palantir Technologies Inc shares are currently trading down about 5.1% on the day. The chart below shows the one year performance of PLTR shares, versus its 200 day moving average: Looking at the chart above, PLTR's low point in its 52 week range is $66.12 per share, with $207.52 as the 52 week high point — that compares with a last trade of $157.30. The PLTR DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when...
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when it actually produced earnings of $4.13, delivering a surprise of +13.15%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Microsoft, which belongs to the Zacks Computer - Software industry, posted revenues of $81.27 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.30%. This compares to year-ago revenues of $69.63 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Microsoft shares have lost about 0.6% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Microsoft? While Microsoft has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of t...
Meta Platforms (META) came out with quarterly earnings of $8.88 per share, beating the Zacks Consensus Estimate of $8.21 per share. This compares to earnings of $8.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.15%. A quarter ago, it was expected that this social media company would post earnings of $6.61 per...
Meta Platforms (META) came out with quarterly earnings of $8.88 per share, beating the Zacks Consensus Estimate of $8.21 per share. This compares to earnings of $8.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.15%. A quarter ago, it was expected that this social media company would post earnings of $6.61 per share when it actually produced earnings of $7.25, delivering a surprise of +9.68%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Meta Platforms, which belongs to the Zacks Internet - Software industry, posted revenues of $59.89 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.22%. This compares to year-ago revenues of $48.39 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Meta Platforms shares have added about 2% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Meta Platforms? While Meta Platforms has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings est...
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when...
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when it actually produced earnings of $4.13, delivering a surprise of +13.15%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Microsoft, which belongs to the Zacks Computer - Software industry, posted revenues of $81.27 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.30%. This compares to year-ago revenues of $69.63 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Microsoft shares have lost about 0.6% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Microsoft? While Microsoft has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of t...
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when...
Microsoft (MSFT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.84%. A quarter ago, it was expected that this software maker would post earnings of $3.65 per share when it actually produced earnings of $4.13, delivering a surprise of +13.15%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Microsoft, which belongs to the Zacks Computer - Software industry, posted revenues of $81.27 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.30%. This compares to year-ago revenues of $69.63 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Microsoft shares have lost about 0.6% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Microsoft? While Microsoft has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of t...
Ross Gerber, president, CEO and co-founder of Gerber Kawasaki, says shareholders have no say in how Tesla CEO Elon Musk runs the company. Gerber reacts to the latest earnings and Tesla planning to invest $2 billion in xAI. (Source: Bloomberg)
Ross Gerber, president, CEO and co-founder of Gerber Kawasaki, says shareholders have no say in how Tesla CEO Elon Musk runs the company. Gerber reacts to the latest earnings and Tesla planning to invest $2 billion in xAI. (Source: Bloomberg)
The Futurum Group CEO Daniel Newman says Meta Platforms CEO Mark Zuckerberg has "turned the corner" on "Bloomberg The Close." Meta said first-quarter sales will be $53.5 billion to $56.5 billion, beating the $51.3 billion average analyst estimate.
The Futurum Group CEO Daniel Newman says Meta Platforms CEO Mark Zuckerberg has "turned the corner" on "Bloomberg The Close." Meta said first-quarter sales will be $53.5 billion to $56.5 billion, beating the $51.3 billion average analyst estimate.
(RTTNews) - Waste Management Inc (WM) revealed earnings for its fourth quarter that Increases, from the same period last year The company's earnings came in at $742 million, or $1.83 per share. This compares with $598 million, or $1.48 per share, last year. Excluding items, Waste Management Inc reported adjusted earnings of $780 million or $1.93 per share for the period. The company's revenue for ...
(RTTNews) - Waste Management Inc (WM) revealed earnings for its fourth quarter that Increases, from the same period last year The company's earnings came in at $742 million, or $1.83 per share. This compares with $598 million, or $1.48 per share, last year. Excluding items, Waste Management Inc reported adjusted earnings of $780 million or $1.93 per share for the period. The company's revenue for the period rose 7.1% to $6.313 billion from $5.893 billion last year. Waste Management Inc earnings at a glance (GAAP) : -Earnings: $742 Mln. vs. $598 Mln. last year. -EPS: $1.83 vs. $1.48 last year. -Revenue: $6.313 Bln vs. $5.893 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The dollar index (DXY00) rose by +0.29% on Wednesday, rebounding from Tuesday's nearly 4-year low. The weakness in the yen supported gains in the dollar on Wednesday after Treasury Secretary Bessent said the US "absolutely not" intervening in the currency market to support the yen. The dollar maintained its gains after the FOMC kept interest rates unchanged and Fed Chair Powell signaled the Fed wa...
The dollar index (DXY00) rose by +0.29% on Wednesday, rebounding from Tuesday's nearly 4-year low. The weakness in the yen supported gains in the dollar on Wednesday after Treasury Secretary Bessent said the US "absolutely not" intervening in the currency market to support the yen. The dollar maintained its gains after the FOMC kept interest rates unchanged and Fed Chair Powell signaled the Fed was on hold for the foreseeable future. As expected, the FOMC voted 10-2 to keep the fed funds target range unchanged at 3.50%-3.75%. The post-FOMC statement said economic activity has been expanding at a solid pace and inflation remains somewhat elevated. The FOMC also said, "job gains have remained low, and the unemployment rate has shown some signs of stabilization," and dropped language from the prior meeting that said downside risks to employment have increased. Join 200K+ Subscribers: Fed Chair Powell said the Fed is well-positioned and can afford to wait for incoming data before making its next move on interest rates. He added that the economy has once again surprised us with its strength, and there's been a disconnect between surveys and spending. The dollar sank to a nearly 4-year low on Tuesday after President Trump said he's comfortable with the recent weakness in the dollar. Also, the dollar continues to be undercut as foreign investors pull capital from the US amid political risks. The markets remain nervous about Greenland, even though Mr. Trump said last Wednesday that there was a framework agreement for increased US access to Greenland and that he would not invade Greenland by military force. The dollar is also under pressure due to US political uncertainty after President Trump on Saturday threatened 100% tariffs on US imports from Canada if Canada signs a trade agreement with China. Canada is seeking other trade partners amid President Trump's liberal use of tariffs during this second administration. In addition, the dollar is weighed down by speculation tha...
March WTI crude oil (CLH26) on Wednesday closed up +0.82 (+1.31%), and March RBOB gasoline (RBH26) closed up +0.0215 (+1.14%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude oil climbing to a 4-month high and gasoline climbing to a 2-month high. Crude prices jumped on Wednesday after President Trump threatened another attack on Iran unless it negotiates a nuclear dea...
March WTI crude oil (CLH26) on Wednesday closed up +0.82 (+1.31%), and March RBOB gasoline (RBH26) closed up +0.0215 (+1.14%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude oil climbing to a 4-month high and gasoline climbing to a 2-month high. Crude prices jumped on Wednesday after President Trump threatened another attack on Iran unless it negotiates a nuclear deal. Crude prices also found support from Wednesday's weekly EIA report, which showed that crude inventories unexpectedly declined and gasoline supplies rose less than expected. The strength of the dollar on Wednesday limited crude's upside. Don’t Miss a Day: Crude oil prices jumped on Wednesday after President Trump said in a social media post that he wants Iran to come to the table and negotiate a "fair and equitable deal with No Nuclear Weapons." He warned Iran that time is running out to make a deal with the US, noting that a fleet of US warships entering the region is ready to complete their mission "with speed and violence." A US attack on Iran could disrupt oil supplies from OPEC's fourth-largest producer. Crude oil also has support after Russia threw cold water on hopes of a breakthrough in peace talks with Ukraine, after the Kremlin said the "territorial issue" remains unresolved with Ukraine, and there's "no hope of achieving a long-term settlement" to the war until Russia's demand for territory in Ukraine is accepted. The outlook for the Russia-Ukraine war to continue will keep restrictions on Russian crude in place and is bullish for oil prices. The IEA last Wednesday cut its 2026 global crude surplus estimate to 3.7 million bpd from last month's estimate of 3.815 million bpd. On January 13, the EIA raised its 2026 US crude production estimate to 13.59 million bpd from 13.53 million bpd last month, and cut its US 2026 energy consumption estimate to 95.37 (quadrillion btu) from 95.68 last month. Vortexa reported Monday that crude oil stored on tankers that have bee...
Consolidated Sales of $149.5 million compared to $143.6 million the prior year quarter Net Income of $4.8 million and EPS of $0.13 EBITDA of $17.4 million compared to $16.7 million the prior year quarter Quarterly dividend of $0.105 per common share to be paid March 31, 2025 TORONTO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) today announced results for its first quarter...
Consolidated Sales of $149.5 million compared to $143.6 million the prior year quarter Net Income of $4.8 million and EPS of $0.13 EBITDA of $17.4 million compared to $16.7 million the prior year quarter Quarterly dividend of $0.105 per common share to be paid March 31, 2025 TORONTO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) today announced results for its first quarter ended December 31, 2025. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on March 31, 2026 to shareholders of record on March 17, 2026. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada. Three Months Ended December 31 (in $ thousands except per share amounts) 2025 2024 Sales $149,522 $143,568 Net income for the period $4,832 $4,245 Earnings per share: Basic and Diluted $0.13 $0.11 EBITDA $17,350 $16,711 "We are pleased with our start to fiscal 2026, delivering solid top-line growth, improved profitability and strong free cash flow despite a complex macroeconomic backdrop. Our Automotive Solutions segment performed exceptionally well, capitalizing on new program launches and a favorable vehicle mix, while our Casting and Extrusion segment continues to see encouraging quoting activity particularly for our large mould and additive tooling solutions. Consequently, we remain very optimistic on our prospects for continued earnings growth in the quarters ahead", said Darren Kirk, Exco’s President and CEO. Consolidated sales for the first quarter ended December 31, 2025 were $149.5 million, compared to $143.6 million in the same quarter last year, an increase of $6.0 million (4%). Foreign exchange movements increased sales by approximately $1.0 million, primarily due to the strengthening Euro versus the Canadian dollar. First quarter sales in the Automotive Solutions segment were $79.3 million, an increase of $7.2 million (10%) over the prior year quarter. The sales increase reflected relatively st...
A Chinese team will visit Australia to help search for a man who allegedly randomly attacked a baby with hot coffee before fleeing the country. China’s Ambassador to Australia Xiao Qian announced on Wednesday that investigators will travel to Queensland to work with police to investigate the 33-year-old accused attacker. The stranger allegedly dumped a Thermos of coffee on nine-month-old boy Luka ...
A Chinese team will visit Australia to help search for a man who allegedly randomly attacked a baby with hot coffee before fleeing the country. China’s Ambassador to Australia Xiao Qian announced on Wednesday that investigators will travel to Queensland to work with police to investigate the 33-year-old accused attacker. The stranger allegedly dumped a Thermos of coffee on nine-month-old boy Luka at a Brisbane park on 27 August 27 2024, before fleeing to his home country. Luka suffered horrific burns to his chest, neck and face and endured eight surgeries, including grafts and laser treatments. View image in fullscreen A supplied image obtained in August 2025 shows baby Luka after he was attacked with hot coffee in 2024. Photograph: PR HANDOUT Minutes after police discovered the man’s identity and released CCTV images of him, they learnt he had flown to China 12 hours earlier. Speaking in Canberra on Wednesday, the Chinese ambassador said a “working group” would travel to Brisbane to investigate the incident. “I’m not sure if I should announce this at this moment, but there’s going to be a working group from China coming to Brisbane,” Xiao said. “We’re now preparing for the working group to come, so we are serious in addressing this concern, and we’re serious in taking the necessary actions.” Xiao said the team will work with Australian police to “see what exactly happened, how it happened, and how both sides can work together as a follow-up”. Australian Federal Police have been working with Chinese authorities since the alleged attacker left the country on August 31, 2024. There is no extradition treaty between Australia and China. Queensland Police Service and Australian Federal Police said they are supportive of the delegation visiting Brisbane.
00:00 Speaker A Scott, it is always great to see you and to have you on the show. Meta just reported. Get me your your take on the print, Scott. We were lower, then we bounced higher. What do you make of it? 00:11 Scott Well, you know, expectations for expenses had been rising throughout the quarter and so I think that that set the bar pretty low. Um, you know, Meta's spending a lot of money on CA...
00:00 Speaker A Scott, it is always great to see you and to have you on the show. Meta just reported. Get me your your take on the print, Scott. We were lower, then we bounced higher. What do you make of it? 00:11 Scott Well, you know, expectations for expenses had been rising throughout the quarter and so I think that that set the bar pretty low. Um, you know, Meta's spending a lot of money on CAPEX and operating expenses in 26, but there's no real growth story in consumer, you know, that that comes near what Meta's doing right now. I mean, the business exceeded expectations in terms of revenue growth by 300 basis points and then they guided at a midpoint to 30% revenue growth for for the first quarter of 2026. So, you know, this story from a growth standpoint's very much intact and I think that that flips the narrative to the spending being very much justified. 00:46 Speaker A And all the all the spending, Scott, when when your clients ask you, okay, where's the ROI on all this spend? You tell them what? 00:54 Scott The ROI is is initially showing up in the revenue growth. Um, you know, when you look at operating profit dollar growth, they will grow operating profit dollars in 26, but you know, Meta's building for the next 10 to 15 years and then and then reporting revenue on a quarterly basis. So it's one of the very few companies where AI monetization is showing up in real time, you know, in results. And so you have short-dated improvements in revenue growth which should continue, very long-dated spend, you know, which which again, I think is on a time horizon of 10 plus years. And so as you get to 27 and 28, I think you'll see leverage again in the business model. And keep in mind, Meta trades at 18 times forward earnings now on a gap base. It's a very cheap stock for the growth you're getting. 1:29 Speaker A So Adam, bring you in here as a as a meta investor, shareholder, believer. 1:35 Adam Meta shareholder 1:37 Speaker A Uh you agree with what you're hearing...
Key Points It earned a crucial designation that gives it an edge in winning federal government contracts. It also managed to raise equity capital without spooking investors about dilution. 10 stocks we like better than Veritone › Veritone (NASDAQ: VERI) had a 2025 that might be hard to top in the coming years. Fueled by the hunger many investors have for artificial intelligence (AI) stocks, and qu...
Key Points It earned a crucial designation that gives it an edge in winning federal government contracts. It also managed to raise equity capital without spooking investors about dilution. 10 stocks we like better than Veritone › Veritone (NASDAQ: VERI) had a 2025 that might be hard to top in the coming years. Fueled by the hunger many investors have for artificial intelligence (AI) stocks, and quite a few positive developments in its business, the company's shares rocketed almost 42% higher over the year. Here's more about Veritone's 2025 to remember. AI aggregator Veritone has found a potentially very lucrative niche in the AI space; through its technology, anchored by the aiWARE operating system, users can organize even the largest heaps of data, including text, audio, video, and many other types of digital assets. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » That's an appealing prospect to many types of enterprise clients, and although Veritone is habitually unprofitable, many investors see great potential in its business. That's one reason why they didn't massively sell out of the stock at the end of June, when management announced a registered direct share offering of $10 million. Typically, such a raise for a Veritone-sized company would instantly raise fears of stockholder dilution, however CEO Ryan Steelberg cleverly mitigated this by personally snapping up $1 million worth of that equity in a concurrent offering. This clearly had a lasting effect, since neither of the two larger subsequent stock issues ($25 and $75 million, announced in September and October, respectively) involved a Steelberg buy-in and didn't affect the share price much. In mid-July, Veritone announced that several of its products had been granted "Awardable" status by Platform One, a unit of the federal government's Department of Defense (DoD). This is more than j...
Michael Vi/iStock Editorial via Getty Images Fair Isaac ( FICO ) shares dipped 2% in Wednesday after-hours trading even after the data analytics company delivered a double-beat on headline numbers for fiscal Q1 2026. FICO also reiterated its FY2026 guidance for adjusted EPS of $38.17, vs. $40.70 consensus, and revenues of $2.35B, vs. $2.44B consensus. Q1 adjusted EPS of $7.33, exceeding the $7.08 ...
Michael Vi/iStock Editorial via Getty Images Fair Isaac ( FICO ) shares dipped 2% in Wednesday after-hours trading even after the data analytics company delivered a double-beat on headline numbers for fiscal Q1 2026. FICO also reiterated its FY2026 guidance for adjusted EPS of $38.17, vs. $40.70 consensus, and revenues of $2.35B, vs. $2.44B consensus. Q1 adjusted EPS of $7.33, exceeding the $7.08 average analyst estimate, fell from $7.74 in the prior quarter but climbed from $5.79 a year ago. Revenue of $512.0M for the three months ended Dec. 31, 2025, also beating the $501.9M consensus, compared with $515.8M for the quarter ended Sept. 30, 2025, and $440.0M for the quarter ended Dec. 31, 2024. Scores revenues increased 29% Y/Y to $304.5M in Q1, driven by a higher mortgage origination scores unit price and an increase in the volume of mortgage originations. Meanwhile, software revenues edged up 2% Y/Y to $207.5M. Total operating expenses totaled $277.9M in Q1, down from $278.6M in Q4 and up from $260.4M in the prior year's Q1. More on FICO FICO: Direct Licensing Will Drive Growth Fair Isaac (FICO): Is The Stock's Volatility A Buying Opportunity? | 2-Minute Analysis Fair Isaac Corporation Should Beat Guidance Easily; Stock Remains A Buy FICO Q1 2026 Earnings Preview Bill Pulte's move to lower credit score costs hasn't helped - report
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Wednesday, shares of ADMA Biologics Inc (Symbol: ADMA) entered into oversold territory, hitting an RSI reading of 29.96, after changing hands as low as $16.255 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 57.1. A bullish investor could look at ADMA's 29.96 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of ADMA shares: Looking at the chart above, ADMA's low point in its 52 week range is $13.50 per share, with $25.67 as the 52 week high point — that compares with a last trade of $16.33. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Ermenegildo Zegna NV (Symbol: ZGN) entered into oversold territory, hitting an RSI reading of 27.9, after changing hands as low as $11.25 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 38.8. A bullish investor could look at ZGN's 27.9 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of ZGN shares: Looking at the chart above, ZGN's low point in its 52 week range is $9.79 per share, with $16.36 as the 52 week high point — that compares with a last trade of $11.45. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Leia em português PicS NV , the Brazilian fintech controlled by the billionaire Batista family, raised $434 million in a US initial public offering that was priced at the top of the marketed range, according to people familiar with the matter. PicPay, as the company is known, sold 22.86 million shares at $19 each, the people said, asking not to be identified as the information is private. The digi...
Leia em português PicS NV , the Brazilian fintech controlled by the billionaire Batista family, raised $434 million in a US initial public offering that was priced at the top of the marketed range, according to people familiar with the matter. PicPay, as the company is known, sold 22.86 million shares at $19 each, the people said, asking not to be identified as the information is private. The digital bank offered shares for $16 to $19. A representative for PicPay didn’t immediately respond to a request for comment. The IPO is the first sizable debut for a Brazilian company since December 2021, when Nu Holdings Ltd. , the country’s biggest digital bank, went public on the New York Stock Exchange. Nubank, as the company is known, now has a $90.7 billion market value. Launched in 2012 as a digital wallet, PicPay now operates under a full banking model, with about 67 million clients in December. The Batista family, which controls JBS NV , the world’s largest meat producer, bought the firm in 2015. Read More: Batistas’ Fintech Prepares for Brazil’s First IPO in Five Years The fintech, which holds a banking license and operates in Brazil, does business with individuals and small and midsize companies in the country. It’s one of the diverse holdings of the billionaire Batista family, which built its fortune starting with JBS and now has stakes in industries from mining to energy. PicPay had net income of 270.4 million reais ($52 million) on revenue of 7.26 billion reais in the nine months ending Sept. 30, versus net income of 150.8 million reais on revenue of 3.78 billion reais in the corresponding period a year earlier, according to the filing. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . The Batistas are expected to have 98% of the voting power in the company after the offering, the fil...