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Tag: GME

S&P500, Nasdaq rise sharply, US stock benchmarks on track to extend weekly win streak

Posted on August 12, 2022 By admin No Comments on S&P500, Nasdaq rise sharply, US stock benchmarks on track to extend weekly win streak
S&P500, Nasdaq rise sharply, US stock benchmarks on track to extend weekly win streak

US stocks were trading higher Friday afternoon, with the technology-laden Nasdaq Composite leading the way up, as investors weigh signs of easing inflation and improving consumer sentiment. The S&P 500 and Nasdaq are each on track to book a fourth straight week of gains. On Thursday, stocks finished mixed with the Nasdaq Composite COMP, +2.02%…

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The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

Posted on August 9, 2022 By admin No Comments on The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi
The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things…

Read More “The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi” »

Investment

AMC may have been a meme-stock darling, but weakness in some key areas has the company on shaky ground

Posted on July 14, 2022 By admin No Comments on AMC may have been a meme-stock darling, but weakness in some key areas has the company on shaky ground
AMC may have been a meme-stock darling, but weakness in some key areas has the company on shaky ground

AMC has experienced a rollercoaster couple of years that took the theater chain from beleaguered pandemic victim to meme stock phenomenon. So what’s next? AMC Entertainment Holdings Inc. AMC, +0.99%, which describes itself as the largest movie theater company in the world, operated 1,004 movie theaters pre-Covid. But the pandemic hit the company hard, forcing…

Read More “AMC may have been a meme-stock darling, but weakness in some key areas has the company on shaky ground” »

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