Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton is calling a new advisory from the Consumer Product Safety Commission “inaccurate and misleading,” saying its treadmills are safe when safety recommendations are followed. The CPSC said that consumers with young children or pets should stop using the treadmills
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Mutual funds have become an incredibly popular option for a wide variety of investors. This is primarily due to the automatic diversification they offer, as well as the advantages of professional management, liquidity, and customizability. Key Takeaways Mutual funds are popular in part because they offer investors the opportunity to diversify, and therefore spread out
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Ryan McQueeney discusses why he is playing it safe in the Income Investor portfolio with his two latest additions: MPLX LP (MPLX) and Dominion Energy (D). On top of their strong dividends, what makes these stocks a smart play right now Dominion Energy: https://www.zacks.com/stock/quote/D?cid=CS-YOUTUBE-FT-VID MPLX: https://www.zacks.com/stock/quote/MPLX?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter:
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Chesnot | Getty Images Check out the companies making headlines in midday trading.  UnitedHealth – Shares of health care giant jumped more than 3% after results topped the Street’s forecasts. Its adjusted earnings came in at $5.31 per share, exceeding the $4.39 per share expected by analysts, according to FactSet. UnitedHealth also raised its earnings
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Rationality is coming back to the pricing of Zomedica (NYSEAMERICAN:ZOM) stock. Source: Postmodern Studio / Shutterstock.com Investors may have been highly bullish on the prospects of Truforma, the company’s veterinary diagnostics platform. But trading leaps and bounds above the potential long-term upside from this catalyst, it was inevitable shares were going to pull back in
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The space economy’s potential has drawn a lot of attention from investors in the past couple of years. An array of privately held space stocks are listed on the stock exchange, of which many have taken the SPAC route. In fact, according to a Morgan Stanley report, the space economy could surge more than $1
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James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68%
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Since last November, it’s been investor perception rather than fundamentals driving price action in Palantir (NYSE:PLTR) stock. Trying to value this big data company’s shares using traditional valuation metrics has thus far been a fool’s errand. Source: Sundry Photography / Shutterstock.com You can say the stock’s rich valuation is built on its impressive growth projections.
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