fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

BP shares slump, company to take up to $17.5 billion hit in second quarter

June 15, 2020 9:49 am
Shares in BP dropped 5% in Monday trading, leading the oil sector to a slump. Earlier today, the oil company stated its predictions for suffering up to a $17.5 billion slash in its second-quarter earnings. This forecast is based on the lower oil prices which were a result of the pandemic. Recently, the company reported […] Read more

Adobe shares rise after reports on quarterly profit surpass predictions

June 12, 2020 1:48 pm
US stocks surged nearly 2% in premarket trading Friday, recovering from the big dive on the previous day. Shares in Adobe Inc. surged 5.2% before the start of the trading session. The reason for the interest in the company is its report for a quarterly profit that surpassed analysts’ expectations. During the pandemic crisis, the […] Read more

Z Holdings shares close higher while Japanese stocks trade lower

June 12, 2020 9:02 am
The Friday trading session was not very successful for Japanese stocks, as the Paper & Pulp, Railway & Bus and Real Estate sectors declined. The Nikkei 225 dipped 0.74% at the close of the trading session. This being said, Z Holdings Corp., also known by its former name, Yahoo Japan, was the top performer, with […] Read more

Just Eat Takeaway shares dip after $7.3 billion acquisition deal with Grubhub

June 11, 2020 9:54 am
Shares in Just Eat Takeaway declined 2.5% in the early hours of Thursday trading. This marks a second day of decline, with the Just Eat Takeaway shares dipping more than 13% at the close of the market on Wednesday. Even though the company announced its plans for acquiring the US chain Grubhub, investors were skeptical […] Read more

Five Below shares surge in premarket trading despite first-quarter losses

June 10, 2020 2:45 pm
Shares in Five Below gained over 11% in premarket Wednesday trading, making the company one of the top performers before the start of the trading session. Even though the company announced huge first-quarter losses, investors believe that Five Below may start recovering soon. For the first quarter of 2020, Five Below reported non-GAAP earnings of […] Read more

AMC shares close lower after first-quarter earnings release

June 10, 2020 9:44 am
While US stocks were mixed on Tuesday, one of the worst performers was AMC Entertainment Holdings. The shares of the movie theater company dropped 7% on Tuesday after it announced its first-quarter earnings. The net losses that the company reported for the first quarter of 2020 amounted to $2.2 billion. Due to the global pandemic […] Read more

Delta Air Lines shares drop, company to suspend more US flights

June 9, 2020 2:52 pm
Despite the strong beginning of the week on Monday, US stocks were lower in premarket Tuesday trading. Even though airline stocks gave investors hopes for economic recovery after resuming flights, Delta Air Lines declined more than 6% in premarket trading. These results came after the massive gains on Monday, prompted by the reopening of businesses […] Read more

British American Tobacco shares drop as company cuts growth targets

June 9, 2020 10:04 am
European shares traded lower on Tuesday, with the STOXX Europe 600 Index declining 0.3% in the early trading session. One of the worst performers was British American Tobacco since its shares dropped 2.8%. The reason for the decline was the company’s adjusted forecast for a lower revenue due to the lockdowns during the pandemic. The […] Read more

Royal Dutch Shell shares trade higher as crude oil prices rise

June 8, 2020 12:58 pm
On Saturday, OPEC+ announced that it will extend the deal on record output cuts and this led to a jump in the price of crude oil. As a result, the shares of Royal Dutch Shell gained over 3% in Monday trading. The extension of the cut of around 10 million barrels of oil was a […] Read more