Short Sellers Can’t Get Enough Gold-Mining, Gold ETF Shares
Short interest in gold mining stocks and gold ETFs rose sharply in the two-week period ended July 31. The steep run-up in gold futures took a breather last week.
All Work
Paul Ausick
Short Sellers Move to the Sidelines on Solar Stocks, Jump on One Alt Energy Stock
Short interest in solar energy stocks declined in the two-week period ended July 31. Short sellers were more interested in alt energy plays, with one stock seeing short interest jump by 150%.
Oil and Gas Short Sellers Remain Lukewarm, With One Exception
Short interest in oil and gas stocks mostly declined in the two-week reporting period ended July 31. There was one glaring exception, however.
6 Construction Materials Companies Could Reap Big Rewards With a President Biden
If Joe Biden is elected in November, he has promised to spend some $2 trillion to repair the country's roads, bridges and other infrastructure. These six companies provide the materials for construction that could…
Boeing Deliveries Again in Single Digits for July
Boeing delivered just four new commercial airplanes in July. Even so, investors have boosted the shares by more than 6% in the past day and a half and more than 6% in the past…
Another EV Maker Takes Aim at Tesla
Electric vehicle maker Lucid Motors on Tuesday announced a certified range of more than 500 miles on a single charge for its Lucid Air luxury sedan. Details and pricing are due early next month.
What a Biden Presidency Could Mean for the Construction Industry
Democratic presidential candidate Joe Biden has released a massive $2 trillion plan to upgrade the country's infrastructure that includes meeting the challenges of climate change. These four companies that could benefit from Biden's plan.
Fed Sets Q3 Capital Requirements for Big Banks
The Federal Reserve on Monday announced the capital requirements for the nation's 34 largest banks. Eleven of the banks are required to maintain at least 10% of total assets as an emergency fund.
Is That a Light at the End of the Tunnel for Canopy Growth?
Marijuana grower Canopy Growth beat both top- and bottom-line expectations in its first fiscal quarter of 2021. Following a punishing 2019, hopes may be rising again for the company and the rest of the…
Has the Kodak Moment Passed?
Approval for an announced $765 million federal loan to Eastman Kodak has been delayed until the agency granting the loan investigates allegations of insider trading against certain company officials.
What’s Holding Back Gold Miner Barrick
Gold miner Barrick reported better than expected second-quarter results Monday morning and boosted the dividend by 14%. Investor enthusiasm remains subdued, however.
Why Intercontinental Exchange Is Paying $11 Billion to Acquire Ellie Mae
New York Stock Exchange owner Intercontinental Exchange has agreed to pay $11 billion in cash and stock to acquire privately held cloud-based mortgage services provider Ellie Mae.
How T-Mobile Became the Second-Largest Wireless Carrier
T-Mobile reported second-quarter results after markets closed Thursday that were above expectations on both the top and bottom lines. The big news, though, was the addition of more than a million new subscribers.
Gold ETFs Rack Up Eighth Straight Monthly Gain
Net inflows into gold and gold-backed ETFs rose for the eighth straight month in July. Two U.S. ETFs accounted for more than 60% of global inflows for the month.
How Dakota Access Pipeline Ruling Adds to Energy Transfer’s Woes
Oil and gas pipeline partnership Energy Transfer posted weak results Wednesday and an appellate court ruling on the Dakota Access Pipeline compounds the company's woes.
Has 3D Printing Crumbled?
Two top 3D printing companies reported earnings earlier this week and both failed to meet expectations, largely due to the coronavirus outbreak. Several years ago, these companies were in the hottest sector of the…
Extended Suspension of Sailings Sinks Norwegian Cruise Line
Cruise operator Norwegian Cruise Line reported worse than expected second-quarter results Thursday morning. An industry group has further pushed out new sailings, making matters even worse for the company and its peers.
Why Nintendo Profits Soared Fivefold in Q2
Japan-based Nintendo blew past revenue and profit estimates in its first fiscal quarter of 2021. Profit increased by more than five times and revenue more than doubled year over year.
5 Beaten-Down Industrial Stocks Now Look Like Recession-Bin Bargains
Stocks in the industrial sector have been pummeled over the past 12 months with most of the punishment coming since February due to the COVID-19 pandemic. However, there is value in the sector and…
Why Investing in Gold Has Taken Off
Gold seems to set a new all-time high every day. The global coronavirus pandemic and the uncertainty of a quick economic recovery are sending investors fleeing to the safe haven of the yellow metal.