Nasdaq Stocks

Russia's stock market is forecast to continue recovering in 2020 after a double-hit from a drop in oil prices and the novel coronavirus, reaching fresh record highs in 2021, a Reuters poll of market experts showed.

Financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey's private and foreign-owned banks, ceding more ground to state-owned lenders, bankers and analysts say.

Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.

Short bets on China's yuan rose to a near eight-month high, a Reuters poll showed, as Beijing's proposed security bill for Hong Kong fuelled worries of a global fallout just as it tries to kick-start a post-lockdown economic recovery.

U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters.

The recovery from the coronavirus financial crash will take time for European stocks which are expected to end 2021 around 10% below this February's record high, a Reuters poll of about 30 fund managers, strategists and brokers showed.

Business groups are urging U.S. President Donald Trump to go slowly in responding to Bejing's planned imposition of new national security laws on Hong Kong, warning revoking the city's special U.S. privileges will hurt the territory and its people.

Japanese stock prices will likely remain well below pre-coronavirus pandemic peaks until at least the end of next year, a Reuters poll showed on Thursday.

Spartan Stores (SPTN) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.

Cigna Corp. CI has reiterated its 2020 earnings guidance of $18-$18.6 as well as its consolidated adjusted revenue view in the range of $154-$156 billion. It also kept intact its 2021 adjusted EPS outlook of $20-$21.

Akamai Technologies AKAM recently rolled out a new threat detection solution — Page Integrity Manager —  to prevent data breaches amid the growing cyber security attacks as well as enhance user experience.The in-browser solution is designed to detect vulnerable web page scr

Plantronics (PLT) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.

Shares of Gulfport Energy Corporation GPOR have declined almost 17% since its first-quarter 2020 earnings announcement on May 7. While the top and the bottom line came ahead of the respective Zacks Consensus Estimate, investors are snubbed by the company’s 2020 guidance.

I recommended SunOpta earlier this month. But following a jump thereafter, the stock has started trading sideways for a net gain of 35.6% to date.

Credit Acceptance (CACC) came out with a quarterly loss of $4.61 per share versus the Zacks Consensus Estimate of $4.15. This compares to earnings of $8.08 per share a year ago. These figures are adjusted for non-recurring items.

Toll Brothers (TOL) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.

Descartes Systems (DSGX) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

PepsiCo (PEP) closed at $130.81 in the latest trading session, marking a +0.82% move from the prior day. This move lagged the S&P 500's daily gain of 1.48%. Meanwhile, the Dow gained 2.21%, and the Nasdaq, a tech-heavy index, added 0.77%.

Summit Therapeutics PLC (SMMT) closed the most recent trading day at $4.20, moving +1.94% from the previous trading session. This move outpaced the S&P 500's daily gain of 1.48%. Meanwhile, the Dow gained 2.21%, and the Nasdaq, a tech-heavy index, added 0.77%.

Abbott (ABT) closed the most recent trading day at $90.76, moving +1.43% from the previous trading session. This move lagged the S&P 500's daily gain of 1.48%. Meanwhile, the Dow gained 2.21%, and the Nasdaq, a tech-heavy index, added 0.77%.