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Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of 2U Inc. surged more than 15% during extended trading after the cloud-based software company reported third-quarter earnings and updated its full-year revenue and net loss outlook. 2U expects revenue between $570 million and $575 million for the year, narrower than
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Seasonality takes the price higher The injection season is ending The risk of a long position rises with the price of the energy commodity Natural gas is a volatile fuel in its physical form, and the price action in the futures market can be equally combustible at times. Periodic price explosions and impositions are the
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Bitcoin futures market Bakkt intends to expand from its current physically-settled offerings to cash-settled futures before 2020. Bakkt COO Adam White announced Tuesday during CoinDesk’s Invest: NYC conference that the Intercontinental Exchange (ICE) subsidiary is working on adding the product. “We have the intention of offering a cash-settled contract as well,” White said. According to
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Justin Sun, founder of crypto platform Tron, is part of the investor group that recently acquired Poloniex from payment company Circle, after denying his involvement initially. Speaking at a joint Tron-Poloniex event live-streamed over Twitter on Tuesday, Sun said Tron was among several investors in the exchange, but the exchange is operated independently from his
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Thanks to both Canadian legalization as well as the 2018 farm bill here in the states, North America has essentially become “little Amsterdam.” Moreover, favorably shifting public sentiment in the U.S. has made cannabis-infused beverage companies like New Age Beverages (NASDAQ:NBEV) intriguing for both consumers and investors alike. Particularly, NBEV stock appeals for the underlying
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“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe. A low share price attracts some investors. So does a high dividend. But both can actually be signs of danger. After all, a stock under $10 almost always has declined a long way
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Apple (NASDAQ:AAPL) is a company that’s more than four decades old and has a market capitalization north of $1.1 trillion, the latter factoid confirming the iPhone maker’s status as a story stock. The California-based company continues writing chapters to that story and, more importantly, investors keep benefiting. Source: Shutterstock Much of Apple’s success is attributable
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A customer holds a shopping basket inside a Grocery Outlet Holding Corp. store in San Francisco, California, U.S., on Thursday, June 20, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of DXC Technology plunged 17% during extended trading after the IT company reported second
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Oil ministers meet in early December Russia is an influential factor Saudi Arabia has a particular reason to increase production cuts Bullish and bearish factors continue to pull the price of crude oil in opposite directions these days. The crude oil market has changed dramatically over the past years. The United States has moved towards
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Kraft Heinz (NASDAQ:KHC) reported third-quarter results on Oct. 31 that were mediocre. However, it did manage to report earnings per share of 69 cents, 15 cents higher than analysts’ average estimate. Kraft Heinz stock jumped more than 13% on the positive surprise. Source: Casimiro PT / Shutterstock.com As a result of the  better-than-expected earnings, my
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