Why Tilray Brands Stock Stormed Higher in January

Shares of the cannabis and consumer packaged-goods company Tilray Brands (NASDAQ: TLRY) gained a noteworthy 20.4% over the course of January, according to data provided by S&P Global Market Intelligence. The big gain came in response to a wave of bargain buying across the landscape of beaten-down growth stocks, especially among those listed on the...

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Why Shiba Inu Thumped the Crypto Market This Weekend

Since 4 p.m. ET on Friday, everyone's favorite meme token, Shiba Inu (CRYPTO: SHIB), has surged 16.5%, as of 11 a.m. ET. Yet another significant weekend move follows a rather incredible January, in which this cryptocurrency rocketed more than 40% higher. Today's move appears to be tied to news that BONE, a token intended to be used on ShibaSwap and...

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These 2 Stocks Are Making a Pop on Monday

Wall Street opened the new week on a downbeat note, with major stock market benchmarks mostly moving lower. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was down more than 1% at its low point Monday morning, although it rebounded to cut its losses by noon ET.Investors have looked for ways to take advantage of rising optimism in the stock market, and a...

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Why Faraday Future Stock Popped Today, But Lordstown Motors and Nio Dropped

Don't look now, but the electric car industry is getting more crowded, and it's having disparate effects on the players today.In a bold announcement, start-up Faraday Future (NASDAQ: FFIE) -- which bills itself as not just an electric vehicle (EV) maker but a "global shared intelligent electric mobility ecosystem company" -- announced today that it...

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Why Atlassian Stock Soared in January

Shares of Atlassian (NASDAQ: TEAM) rose 25.6% for the month of January 2023, according to data from S&P Global Market Intelligence. The company behind project tracking and collaboration tools like Jira and Trello saw share prices take a 66.3% haircut in 2022. The stock was spring-loaded for a snappy bounce, which was unleashed by positive macroeconomic...

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Why Valero Energy Stock Rallied 10% in January

Shares of Valero Energy (NYSE: VLO) surged 10.3% in January, according to data provided by S&P Global Market Intelligence. That furthered its gains from 2022, when the refining stock rocketed 64%. Several catalysts fueled last month's rally, including earnings, a dividend increase, and a new low-carbon project.Valero reported its fourth-quarter...

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2 Market-Beating Growth Stocks t o Buy Now and Hold Forever

The S&P 500 index is widely viewed as a benchmark for the broader U.S. stock market. Despite falling sharply in 2022, the broad-based index has still increased 28% over the past three years. But HubSpot (NYSE: HUBS) and Arista Networks (NYSE: ANET) have more than doubled during that time period, and investors should expect both stocks to maintain...

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Disney Stock Has a Lot to Prove This Week

It's time for the big cheese of media stocks to step up this earnings season. Walt Disney (NYSE: DIS) will roll back the curtain on its fiscal 2023 first-quarter results after the market close on Wednesday. With the shares rallying -- they're up by 32% since bottoming out over the holidays -- a lot is riding on the fresh financials. There are plenty...

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Why Children's Place Stock Was Falling This Morning

Shares of The Children's Place (NASDAQ: PLCE) were trading down 10% as of 10:47 a.m. ET on Monday. The fourth quarter turned out to be more challenging than management expected. The Children's Place now expects to report a loss in the range of $52 million to $57 million. Year to date, the stock is still up 19%, and there could be more upside despite...

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Why Visa Stock Gained 11% in January

Shares of payment processing superstar Visa (NYSE: V) jumped 10.8% in January according to data provided by S&P Global Market Intelligence. Visa posted an excellent first-quarter earnings report on Jan. 26 and is benefiting from strengthening economic trends.Visa is the largest credit card payment processing network in the world. It processed $11.6...

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