With the Super Bowl just days away, and March Madness nearing, keep an eye on gambling stocks, like Fan Duel parent, Flutter Entertainment (FLUT). Now trading on the NYSE, its Fan Duel is a market share leader in the U.S., with 43% of the market based on gross...
Over the last few days, President Biden unveiled about $5 billion in infrastructure projects. According to CBS News, that includes “37 major infrastructure projects throughout the country across at least 12 states, with much of the funding going toward repairing and...
While it’s a risky bet at the moment, it looks like most of the negativity has been priced into Archer Daniels Midland (ADM). Earlier this week, the stock gapped from about $67.50 to $52.31 on an accounting probe. Not only was ADM forced to downgrade its outlook, but...
by Ian Cooper Cyber criminals struck again. This time, they hit Microsoft (MSFT). Over the last few days, a Russian intelligence group targeted the e-mail accounts of Microsoft employees, including its top executives starting in November. While the attack didn’t...
With the Super Bowl just days away, keep an eye on MGM Resorts (MGM). For one, Las Vegas could see about 400,000 arrivals over Super Bowl weekend, which could lead to higher first-quarter earnings. Two, it’s expected that about 50.4 million Americans will bet on the...
Just weeks into the new year, tech stocks are scorching hot. Advanced Micro Devices (AMD) ran from about $135 to nearly $170 in weeks. All thanks to AI chip demand. KeyBanc analysts raised their price target on AMD to $195. Even Barclays raised its target...
Investors may want to keep an eye on Take-Two Interactive (TTWO). The gaming stock could push even higher, as millions of gamers wait for the release of Grand Theft Auto VI—one of the most anticipated game releases. One, TTWO could still push higher in anticipation of...
Keep an eye on Apple (AAPL). After diving from about $192.50 to $182.68, the stock is starting to pivot higher. For one, the tech giant is oversold on RSI, MACD, and Williams’ %R at its 200-day moving average. Two, analysts at Bank of America upgraded the stock to a...
The last time we highlighted opportunity in Nvidia (NVDA), it traded at $531.40 on Jan. 9. Today, it was up another $16.72 to $563.82. All after analysts at KeyBanc, which cited strong demand for AI chips by data centers, hiked their price target to $740 from...
by Ian Cooper Keep an eye on biotech M&A. Over the last few weeks, Merck said it would pay $680 million for Harpoon Therapeutics. Johnson & Johnson even said it would buy Ambrx Biopharma for $2 billion. Both come just weeks after Bristol Myers bought Karuna...