Nasdaq Stocks

Tuesday, September 22, 2020Pre-market activity is finding its equilibrium after a temporary horror show in Monday’s regular session which saw all major indexes plummet, including the Dow falling almost 1000 points, or 3%. The closing bell saw lots of buying off those steep low

ConocoPhillips COP is well poised for growth on the back of production possibilities and strong financial flexibilities. However, rising exploration costs and a weak commodity price environment continue to be concerns.

MPLX LP MPLX recently announced a binding open season for the SLC Core Pipeline System. MPLX’s subsidiary, Tesoro Logistics Northwest Pipeline LLC owns the SLC Core Pipeline System.

Lockheed Martin LMT announced that it has received a $12.8-million contract from the U.S. Navy to procure consumable parts and materials in support of the C/KC-130J aircraft for the Marine Corps, Marine Corps Reserves, Coast Guard and the government of Kuwait.  The work on this

Carnival Corporation CCL is likely to have witnessed a year-over-year decline in third-quarter fiscal 2020 earnings. In the last reported quarter, the company delivered a negative earnings surprise of 80.3%.

MetLife, Inc. MET is well poised for growth on the back of its robust Group Benefits business and several cost-cutting initiatives.

A campaign waged against Netflix NFLX over Cuties (“Mignonnes”) and the film’s portrayal of children has sparked a surge in the streaming platform’s subscription cancellations in the United States.Since the film’s release on Sep 9, over 600,000 people have signed a pet

Argentina's economy likely contracted around 20% year-on-year in the second quarter of the year, hit by the coronavirus pandemic and a nationwide lockdown imposed in March, economists polled by Reuters estimated ahead of the official data release on Tuesday.

Hibbett Sports, Inc. HIBB is an athletic-inspired fashion retailer that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

Equinix, Inc. EQIX deepened its relationship with VMware to offer the latter’s SD-WAN Edge as a virtual network function (“VNF”) on the company’s Network Edge. Moreover, VMware is expanding its footprint in Equinix’s International Business Exchange data centers acros

In response to the rapid shift in consumer preference toward digital banking amid the pandemic, Mid Penn Bancorp, Inc. MPB has announced plans of consolidating three of its retail branch networks effective Dec 31, 2020. With this move, the bank aims to optimize the delivery of i

Financial stocks, specially banks, were hit hard on Monday after a report revealed that some of the major global banks allegedly kept “moving staggering sums of illicit cash for shadowy characters and criminal networks” despite warnings from the U.S. officials.The investigat

Pandemic worries are again dominating the markets this morning. With a light economic and earnings calendar for today, odds are the focus will once again be on the Fed. Today kicks off a busy week for Federal Reserve Chair Jerome Powell.

Housing is one of the few markets that displayed stern resilience to the economic impacts of the coronavirus pandemic. This industry has experienced a strong V-shaped recovery and is now even exceeding pre-pandemic levels fueled by rising need for more work-at-home space and rec

Micron MU is having a rough year owing to coronavirus-induced softness in the memory space. The company is suffering from bleak memory-chip demand as customers are adjusting inventories in response to the economic recession caused by the outbreak.Moreover, soft server demand fro

AutoZone (AZO) came out with quarterly earnings of $30.93 per share, beating the Zacks Consensus Estimate of $24.74 per share. This compares to earnings of $22.59 per share a year ago. These figures are adjusted for non-recurring items.

Baidu, Inc. BIDU recently unveiled new products and services based on artificial intelligence (AI) technologies at the annual Baidu World Conference in Beijing.In regard to this, the company revealed a few upgrades in the self-driving space. It stated that its autonomous vehicle

Microsoft Corporation MSFT announced on Sep 21 that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda. This is by far one of the most notable video game acquisitions in Microsoft’s history. The acquisition comes at a time when video ga

The U.S. housing market has been on a tear over the past few months as a pandemic-triggered slowdown in home sales during the spring pushed home-buying season into summer, with homebuilder sentiment hitting a record high in September. Needless to say, the housing market in the U