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Category: Trading Signals

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It Turns Out COVID-19 is a Nightmare for AMC Entertainment (AMC)

AMC Entertainment Holdings Inc. (NYSE: AMC) has lost more than 60% of its value in the past year. The restricted social life and cancellation of high-profile premieres caused losses. However, the New Year is unlikely to bring much improvement. Although deferred demand is strong, AMC Entertainment is unlikely to achieve its financial target in the short to medium term. AMC Entertainment is facing the possibility of bankruptcy. The company’s management warned in October 2020 that it would likely have to initiate bankruptcy proceedings by early 2021 if it did not receive additional funding. AMC Entertainment’s creditors asked the company to

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What to Expect When Intel Corporation (INTC) Reports Quarterly Earnings

Although Intel Corporation (INTC) released its fourth-quarter results before the end of the trading session, its stock price surged in the last minutes of trading. The stock closed 6.5% higher at $62.46, with the company announcing sales during the holidays and an outlook for the first 62.46. Their net profit was ($5.86 billion) or $0.42 per share in the fourth quarter, compared to ($6.61 billion) or $0.58 per share during the same period last year. The adjusted earnings per share for Intel during the period were $1.52, the same as in the previous year. With analysts surveyed by FactSet forecasting

OPEN Stock
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Acacia Communications Inc (ACIA) – Cisco Systems Inc (CSCO) deal has overcome the last hurdle

The Chinese government has approved the Cisco Systems Inc (CSCO) deal to purchase Acacia Communications Inc (ACIA). An earlier agreement almost failed, but now the two industry leaders are seeking to merge. This would result in the first-ever all-in-one communication equipment manufacturer. Chinese authorities have authorized the merger of Cisco and Acacia Communications Inc (ACIA). Cisco is delighted with this news as it continues to work hard to close the deal. For the deal to accomplish, Cisco increased its offer this month despite a ban imposed by Chinese regulators on Acacia to pull out of the deal. The company has

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This hot update has boosted La Jolla Pharmaceutical Company (Nasdaq: LJPC) shares price today

La Jolla Pharmaceutical Company (Nasdaq: LJPC) shares surged more than 30% to $5.13 in the early trading session today. A company is exclusively dedicated to developing and commercializing innovative therapies for patients suffering from life-threatening diseases. The company with the Market Cap of 108.63M trades at a distance of 22.06% from its 20-day Simple Moving Average. Latest Developments It was announced earlier today that La Jolla Pharmaceutical Company (Nasdaq: LJPC) and certain of its wholly-owned subsidiaries entered into an exclusive licensing agreement with PAION AG and its wholly owned subsidiary (PAION) to distribute its GIAPREZA and XERAVA in the European

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Stock Market Stunned By Elon Musk On WhatsApp

Although he has just become the world’s richest man, in recent days, Elon Musk, Tesla’s boss, has also made headlines on a very different topic. In order to allow people to use the encrypted message signal instead of WhatsApp (a Facebook subsidiary), whose terms of use will change, Elon Musk has founded a small American company named Signal Advance, which has little relation to the eponymous messaging app! Last Thursday, the Tesla chief tweeted: “Use Signal,” which sent Wall Street to a Texas company’s stock that has nothing to do with encrypted messaging. The Signal Advance stock soared tenfold in

VIPS stock
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Gilead Sciences (GILD) Has To Explore Ways to Grow Further

The healthcare firm Gilead Sciences Inc. (GILD) has lost nearly 5 percent of its stock over the past year. This arose even after the company’s drug was approved for COVID-19 therapy. Gilead Sciences specializes in the prevention of HIV as well as infectious diseases, including hepatitis C. The conventional portfolio of the company, however, can no longer support fast growth rates. Overall, in the third quarter of 2020, Gilead Sciences’ revenues rose 18 percent year on year to $6.49 billion, but much of the increase was provided by Veklury, the first FDA-approved medicine to treat COVID-19. After only gaining regulatory

VIPS stock
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NCR Keep Increasing Its Footprints In The Retail Sector

A supplier of payment equipment and systems, NCR Corporation (NCR) will offer the next generation solutions to the Big Y retail network. In order to merge its supermarket and convenience stores into a single customer service network, Retailer Big Y has selected NCR Emerald’s revolutionary technologies, produced by NCR Corporation. A core component of the next-generation retail store architecture is the NCR Emerald approach. It gives retailers the ability, with reduced expense and time, to simplify the running of stores and introduce potential technologies. In particular, the introduction of the modular NCR platform would allow Big Y to optimize customer

PNC Stock
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What’s the update on Sundial Growers Inc. (Nasdaq: SNDL) Stock?

Sundial Growers Inc. (Nasdaq: SNDL) recently announced that it had repaid $50 million of its outstanding term loans to further strengthen the company’s balance sheet. All amounts are denominated in Canadian dollars unless noted. Repaying the debt will result in an annualized savings of $2.5 million in interest costs. The company’s indebtedness, including the Facility, is approximately $22 million. Its cash balance is currently about $39 million. Sundial’s Chief Financial Officer, Jim Keough, said the fast-tracked repayment of a significant portion of its debt is a further step toward advancing its financial flexibility and reducing its overall cost structure. Our

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Oil And Gold End The Thursday Session In Green

On Thursday, December 17, oil prices updated their nine-month highs. In general, the sentiment on the commodity markets remained very positive, owing to the expectations of a positive impact of the population’s coronavirus vaccination, as well as the introduction of a new package of economic stimulus. Brent crude oil’s February futures traded in the green with a rise of 0.82 percent and concluded at $51.50, WTI crude oil’s January futures increased by 1.1 percent to $48.36, its high since March. On the other hand, gold prices rose by 1.68 percent to $1887.20 per Troy ounce on Thursday. The prices of

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Tonix Pharmaceuticals Holding (TNXP) Soars with high volume after Positive Phase 3 RELIEF Study Results

Tonix obtains positive results for its TNX-102 SL 5.6 mg Dose in pain reduction over placebo after a testing time of 14 weeks. Shares of Tonix Pharmaceuticals Holding Corp. (TNXP) are rallying today after the company announced high-end top results for TNX-102 SL in its final phase 3 RELIEF study. The stock is surging with high volume as investors welcome these results as a potential opportunity for the company. TNXP stock has surged from the prior close of $0.63 to $0.91 up by almost 45%, as we write this at 9:48 A.M. EST. The trading volume is up by 108