imaginima/E+ via Getty Images The number of oil and gas rigs actively drilling in the U.S. gained 2 to 553, rising for the second week in a row after falling for three straight weeks, Baker Hughes said Friday in its latest survey . During the week ended March 13, the number of active drilling rigs targeting crude oil in the U.S. rose by 1 to 412, the highest since early February, gas rigs added 1 ...
imaginima/E+ via Getty Images The number of oil and gas rigs actively drilling in the U.S. gained 2 to 553, rising for the second week in a row after falling for three straight weeks, Baker Hughes said Friday in its latest survey . During the week ended March 13, the number of active drilling rigs targeting crude oil in the U.S. rose by 1 to 412, the highest since early February, gas rigs added 1 to 133, and 8 rigs remained classified as miscellaneous. Despite this week's increase, the total rig count was down by 39, or 6.6%, from the same time last year, with oil rigs down 75, or 15.4%, and gas rigs up 33, or 33%, compared to a year ago. The number of rigs targeting oil in the Permian Basin stayed flat at 241, the oil rig count in the Eagle Ford added 1 to 33, and the Williston Basin lost 1 to 26. ETFs: ( USO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ) More on crude oil Oil Above $100: Why Game Theory Suggests This Spike Won't Last How Will Markets React If The U.S. Deploys Ground Troops In Iran? Strait Of Hormuz: Buy The Fear Before This Waterway Clears
(RTTNews) - Following the sell-off seen during Thursday's session, stocks rebounded in early trading on Friday but showed a notable move back to the downside as the day progressed. The major averages pulled back well off their early highs and into negative territory. The major averages added to the steep losses posted in the previous session, falling to new three-month closing lows. The Nasdaq sli...
(RTTNews) - Following the sell-off seen during Thursday's session, stocks rebounded in early trading on Friday but showed a notable move back to the downside as the day progressed. The major averages pulled back well off their early highs and into negative territory. The major averages added to the steep losses posted in the previous session, falling to new three-month closing lows. The Nasdaq slid 206.62 points or 0.9 percent to 22,105.36, the S&P 500 fell 10.43 points or 0.6 percent to 6,632.19 and the Dow dipped 119.38 points or 0.3 percent to 46,558.47. For the week, the Dow plunged by 2.0 percent, the S&P 500 tumbled by 1.6 percent and the Nasdaq slumped by 1.3 percent. The pullback seen over the course of the session came as trading continued to be largely driven by reaction to crude oil prices. Stocks initially benefitted from a pullback by the price of crude oil, with crude for April delivery plunging by as much as 3.9 percent after skyrocketing over the course of the two previous sessions. However, crude oil prices recovered from the early pullback and moved sharply higher over the course of the session, leading to the downturn by stocks. The volatility shown by oil came as President Donald Trump has ramped up his rhetoric against Iran, calling the regime "deranged scumbags" that he has the "great honor" to kill. On the U.S. economic front, a typically closely watched Commerce Department report showed the annual rate of consumer price growth unexpectedly slowed in January. The Commerce Department said the annual rate of growth by its PCE price index slipped to 2.8 percent in January from 2.9 percent in December. The annual rate of growth was expected to remain unchanged. Meanwhile, the annual rate of growth by the core PCE price index, which excludes food and energy prices, ticked up to 3.1 percent in January from 3.0 percent in December. Economists had the pace of growth to remain unchanged. A separate report from the Commerce Department showed U.S. econom...
US equity indexes closed lower on Friday amid the crude oil crisis as prices extended gains after Ir Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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Costco Wholesale (COST +0.50%) has grown into one of the world's largest retailers, and its business success has translated to life-changing returns for shareholders. The stock has returned more than 6,330% over its lifetime, turning a $10,000 investment into more than $642,000. Shoppers flock to its stores for its vast selection of bulk-quantity goods and quirky customer favorites, like its famou...
Costco Wholesale (COST +0.50%) has grown into one of the world's largest retailers, and its business success has translated to life-changing returns for shareholders. The stock has returned more than 6,330% over its lifetime, turning a $10,000 investment into more than $642,000. Shoppers flock to its stores for its vast selection of bulk-quantity goods and quirky customer favorites, like its famous $1.50 hot dog meal, which hasn't increased in price since it launched over 40 years ago. But can Costco stock continue making investors wealthy? Here is what investors can expect. Why the business can continue making shareholders richer Costco's business is wonderfully simple. The company sells a wide variety of bulk-quantity goods, food, beverages, and odds and ends at low prices. Shoppers often treat their store visits like field trips, and the brand is so beloved that Costco doesn't need to spend any money on advertising. The catch? You need to purchase a membership to shop at Costco, and that's how the company makes most of its profits. High-margin membership fees allow Costco to act as a price leader, selling its goods at razor-thin markups that reinforce its reputation as a place where people shop for deals. The beauty of Costco's model is that it gatekeeps its stores. Costco is popular with high earners, who are willing to spend upfront on bulk quantities in the name of per-unit savings and to pay for the privilege of shopping there. High earners also account for an outsized share of total retail spending, making them a lucrative customer demographic. Expand NASDAQ : COST Costco Wholesale Today's Change ( 0.50 %) $ 5.02 Current Price $ 1008.34 Key Data Points Market Cap $445B Day's Range $ 1002.00 - $ 1012.79 52wk Range $ 844.06 - $ 1067.08 Volume 67K Avg Vol 2.5M Gross Margin 12.93 % Dividend Yield 0.52 % Costco currently has 82.1 million paid memberships and continues to grow steadily. Paid memberships grew by 4.8% year over year in the most recent quarter. Manag...
In trading on Friday, shares of John Hancock Hedged Equity & Income Fund (Symbol: HEQ) crossed below their 200 day moving average of $10.79, changing hands as low as $10.75 per share. John Hancock Hedged Equity & Income Fund shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of HEQ shares, versus its 200 day moving average: Looking at the chart ...
In trading on Friday, shares of John Hancock Hedged Equity & Income Fund (Symbol: HEQ) crossed below their 200 day moving average of $10.79, changing hands as low as $10.75 per share. John Hancock Hedged Equity & Income Fund shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of HEQ shares, versus its 200 day moving average: Looking at the chart above, HEQ's low point in its 52 week range is $9.23 per share, with $11.58 as the 52 week high point — that compares with a last trade of $10.81. Click here to find out which 9 other dividend 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.
In trading on Friday, shares of the Allspring Income Plus ETF (Symbol: AINP) entered into oversold territory, changing hands as low as $24.83 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case...
In trading on Friday, shares of the Allspring Income Plus ETF (Symbol: AINP) entered into oversold territory, changing hands as low as $24.83 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Allspring Income Plus, the RSI reading has hit 24.8 — by comparison, the RSI reading for the S&P 500 is currently 32.8. A bullish investor could look at AINP's 24.8 reading 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. Looking at a chart of one year performance (below), AINP's low point in its 52 week range is $24.25 per share, with $25.60 as the 52 week high point — that compares with a last trade of $24.92. Allspring Income Plus shares are currently trading down about 0.5% on the day. 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.
In trading on Friday, shares of the iShares Core Moderate Allocation Fund ETF (Symbol: AOM) entered into oversold territory, changing hands as low as $47.44 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below ...
In trading on Friday, shares of the iShares Core Moderate Allocation Fund ETF (Symbol: AOM) entered into oversold territory, changing hands as low as $47.44 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of iShares Core Moderate Allocation Fund, the RSI reading has hit 28.7 — by comparison, the RSI reading for the S&P 500 is currently 32.8. A bullish investor could look at AOM's 28.7 reading 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. Looking at a chart of one year performance (below), AOM's low point in its 52 week range is $41.20 per share, with $49.25 as the 52 week high point — that compares with a last trade of $47.43. iShares Core Moderate Allocation Fund shares are currently trading down about 0.3% on the day. 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.
In trading on Friday, shares of the Avantis International Small Cap Equity ETF (Symbol: AVDS) entered into oversold territory, changing hands as low as $71.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls belo...
In trading on Friday, shares of the Avantis International Small Cap Equity ETF (Symbol: AVDS) entered into oversold territory, changing hands as low as $71.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Avantis International Small Cap Equity, the RSI reading has hit 28.3 — by comparison, the RSI reading for the S&P 500 is currently 32.8. A bullish investor could look at AVDS's 28.3 reading 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. Looking at a chart of one year performance (below), AVDS's low point in its 52 week range is $48 per share, with $79.67 as the 52 week high point — that compares with a last trade of $71.61. Avantis International Small Cap Equity shares are currently trading down about 1.7% on the day. 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.
hxdbzxy/iStock via Getty Images The S&P 500 has experienced a challenging two-week period marked by escalating geopolitical tensions, sector rotation into defensives, and technical deterioration. In light of this, b elow is a list of the top S&P communication services holdings arranged according to their growth factor grades. The list is topped by Netflix ( NFLX ) and Alphabet ( GOOG ), both earni...
hxdbzxy/iStock via Getty Images The S&P 500 has experienced a challenging two-week period marked by escalating geopolitical tensions, sector rotation into defensives, and technical deterioration. In light of this, b elow is a list of the top S&P communication services holdings arranged according to their growth factor grades. The list is topped by Netflix ( NFLX ) and Alphabet ( GOOG ), both earning B+ growth grades. Meta Platforms, Inc. ( META ) follows with a solid B grade, while The Walt Disney Company ( DIS ) and T-Mobile US, Inc. ( TMUS ) occupy the middle of the pack with C+ grades. Electronic Arts Inc. ( EA ) holds a C grade. At the lower end of the rankings, AT&T Inc. ( T ) carries a D grade, Verizon Communications Inc. ( VZ ) holds a D- grade, and Comcast Corporation ( CMCSA ) sits at the bottom with an F grade. The growth factor grade is a quantitative assessment used in stock analysis to evaluate a company’s growth prospects and expansion trajectory. This metric systematically analyzes multiple growth-related indicators to determine how effectively a company is scaling its business operations. Growth factor grades are typically expressed on a letter scale (A+ through F), where higher grades indicate stronger growth characteristics relative to sector peers. An A+ grade represents exceptional growth potential, while lower grades suggest more moderate expansion or potential headwinds. Here is the list: Netflix ( NFLX ), Growth grade: B+ Alphabet ( GOOG ), Growth grade: B+ Meta Platforms ( META ), Growth grade: B The Walt Disney ( DIS ), Growth grade: C+ T-Mobile US ( TMUS ), Growth grade: C+ Electronic Arts ( EA ), Growth grade: C AT&T ( T ), Growth grade: D Verizon Communications ( VZ ), Growth grade: D- Comcast ( CMCSA ), Growth grade: F More on Communication Services stocks Where To Find Outperformance In 2026 2026 Market Outlook: AI To Remain In The Spotlight My S&P 500 Prediction On Sector Outperformers And Laggards In 2026 Most and least shorted commun...
WeBond Creations/iStock via Getty Images The last time I spoke about Capricor Therapeutics ( CAPR ) it was with a Seeking Alpha article entitled " Capricor: Maintaining 'Hold" Rating On Randomized Phase 3 HOPE-3 Trial Win With Deramiocel ." With respect to this article, I mentioned that the company was able to achieve the primary endpoint of PUL V2.0 and Left Ventricular Ejection Fraction [LVEF] i...
WeBond Creations/iStock via Getty Images The last time I spoke about Capricor Therapeutics ( CAPR ) it was with a Seeking Alpha article entitled " Capricor: Maintaining 'Hold" Rating On Randomized Phase 3 HOPE-3 Trial Win With Deramiocel ." With respect to this article, I mentioned that the company was able to achieve the primary endpoint of PUL V2.0 and Left Ventricular Ejection Fraction [LVEF] in a statistically significant manner from the phase 3 HOPE-3 trial. This late-stage study evaluated the use of deramiocel for the treatment of boys and young men with Duchenne Muscular Dystrophy [DMD] cardiomyopathy. The last time around I had a "Hold" rating on this stock, and the reason why is because even though topline data from the phase 3 HOPE-3 study was positive, I wasn't sure that the FDA would be satisfied with this trial to move the review of this drug forward. However, today, I'm upgrading this stock from a "Hold" rating to a "Buy." The reason why is because upon discussing this topline data with the FDA, it was noted that the clinical study report [CSR] of HOPE-3 would be enough to address the FDA's issues from the Complete Response Letter [CRL] given. This is not the only reason why; it is because of the actions the FDA just took several days ago. It not only lifted the previously issued CRL of Deramiocel for the treatment of patients with DMD cardiomyopathy, but it also granted a Prescription Drug User Fee Act [PDUFA] date of August 22, 2026. The reason why the date is so close is because the FDA considered the submission to be that of a Class 2 resubmission. There is still risk involved, as with all resubmissions of a regulatory application; however, with the issues from the CRL being addressed, I believe the odds are now in Capricor's favor. The only other possible thing that could stop it now is if there is another issue brought up with the application or on the basis of another part of the regulatory application [like the CMC portion], maybe. With the FDA...
In trading on Friday, shares of Banco Santander Brasil SA (Symbol: BSBR) crossed below their 200 day moving average of $5.72, changing hands as low as $5.70 per share. Banco Santander Brasil SA shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of BSBR shares, versus its 200 day moving average: Looking at the chart above, BSBR's low point in its...
In trading on Friday, shares of Banco Santander Brasil SA (Symbol: BSBR) crossed below their 200 day moving average of $5.72, changing hands as low as $5.70 per share. Banco Santander Brasil SA shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of BSBR shares, versus its 200 day moving average: Looking at the chart above, BSBR's low point in its 52 week range is $4.255 per share, with $7.32 as the 52 week high point — that compares with a last trade of $5.71. Click here to find out which 9 other dividend 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.