MarketBeat | Stock Market News and Research Tools News Latest News Instant News Alerts Most Viewed 20 minutes ago | July 2nd, 2020 9:46 AMSocial media companies face revenue hit from boycottsVerizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. Both already faced declining ad spending as big advertisers like Ford and Coca-Cola cut their budgets amid the pandemic and recession.Read Article 20 minutes ago Social media companies face revenue hit from boycotts20 minutes ago | July 2nd | 2020 9:46AMSocial media companies face revenue hit from boycottsVerizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion. Both already faced declining ad spending as big advertisers like Ford and Coca-Cola cut their budgets amid the pandemic and recession.Read Article 29 minutes ago Tesla 2Q deliveries rise over 1Q despite factory shutdown29 minutes ago | July 2nd | 2020 9:36AMTesla 2Q deliveries rise over 1Q despite factory shutdownDETROIT (AP) — Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the period. The company says it delivered 90,650 vehicles from April through June as it rolled out the new Model Y SUV in the U.S.Read Article 3 hours ago Simon Property Group (NYSE: SPG) Cuts Dividend: Mallpocalypse Now?3 hours ago | July 2nd | 2020 7:00AMSimon Property Group (NYSE: SPG) Cuts Dividend: Mallpocalypse Now? It’s safe to say that the short term impact of the global pandemic on the commercial retail sector has been devastating. With malls forced to shut down for an extended period of time and more and more consumers shifting towards online shopping, times are tough for major mall owners. Simon Property Group Inc. (NYSE:SPG), which is the biggest…Read Article 9 hours ago ETSY (NASDAQ: ETSY) Stock Getting Ahead of Itself on Face Mask Sales 9 hours ago | July 2nd | 2020 1:00AMETSY (NASDAQ: ETSY) Stock Getting Ahead of Itself on Face Mask Sales E-commerce stocks are arguably seeing a 1999-like bubble as the COVID-10 pandemic has bestowed a halo effect on companies with frictionless transactions coupled with a network effect. Online marketplace Etsy, Inc. (NASDAQ: ETSY) enables individuals and businesses to auction, buy and sell unique customized products and services. The products are usually…Read Article 9 hours ago Wayfair (NYSE: W) Surges Another 10%: Does it Have More Room to Run?9 hours ago | July 2nd | 2020 1:00AMWayfair (NYSE: W) Surges Another 10%: Does it Have More Room to Run?Wayfair (NYSE: W), an e-commerce company that sells furniture and home-goods, was struggling even before the pandemic caused markets to tank in mid-February. Over the preceding seven months, W had lost more than one-third of its value. Things got even worse for Wayfair in mid-February, as shares plunged 75% more in just one month. Business looked bleak…Read Article 9 hours ago Pfizer (NYSE: PFE) Shares Get Much Needed Boost9 hours ago | July 2nd | 2020 1:00AMPfizer (NYSE: PFE) Shares Get Much Needed BoostPharmaceutical giant Pfizer (NYSE: PFE) got off to a good start in Q3 with a 5% gap up to start Wednesday’s session. Shares were popular on Wall Street after positive results from a coronavirus vaccine trial were released. It’s still early days, with only 45 patients taking part, but still, Pfizer investors will take any kind of news these…Read Article 9 hours ago McDonald’s vs Restaurant Brands, Which Is The Better Buy For The Fast-Food Rebound9 hours ago | July 2nd | 2020 1:00AMMcDonald’s vs Restaurant Brands, Which Is The Better Buy For The Fast-Food ReboundFast-Food Is Rebounding Fast Restaurant stocks, specifically fast-food restaurant stocks and/or those with a drive-through or delivery presence, have been doing well in the post-pandemic world. The data shows a bottom was hit in March and sales have only been accelerating since. Based on the data and a recent business update from Restaurant Brands…Read Article 9 hours ago Vaxart (NASDAQ: VXRT): Potential Big Winner With a Troubled Past9 hours ago | July 2nd | 2020 1:00AMVaxart (NASDAQ: VXRT): Potential Big Winner With a Troubled Past Vaccines are big business. No matter what else you could say about them—and you could say plenty, starting with “they're one of the greatest things modern civilization has to offer” and ending with “they're eventually going to kill us all”—it is thoroughly undeniable that they are big business. To that end, there's an unexpected, and potentially massive winner, lurking in the stock markets today.Read Article 1+ days ago Bullish Marketing Strategies for Online Brokerages for 2020 and Beyond1+ days ago | July 1st | 2020 1:00AMBullish Marketing Strategies for Online Brokerages for 2020 and BeyondThe commercial environment for online brokerages has never been more competitive. With an ever-increasing number of operators entering the market, this means having an effective marketing strategy isn’t just important, it’s vital for survival. There’s no denying that this involves a number of challenges but, if you can manage to overcome…Read Article 1+ days ago Pool Corporation (NASDAQ: POOL) Stock Looks Ready to Breakout, But is the Valuation Too Lofty?1+ days ago | July 1st | 2020 1:00AMPool Corporation (NASDAQ: POOL) Stock Looks Ready to Breakout, But is the Valuation Too Lofty?Pool Corporation (NASDAQ: POOL) stock increased by more than 2% yesterday; shares are now less than 1% away from breaking out to fresh all-time highs. POOL distributes swimming pool maintenance products, equipment, and building materials through its sales centers. Some of the company’s products are recession-proof. Pool-owners aren’t going…Read Article 1+ days ago Upwork (NASDAQ: UPWK) Stock is an Overlooked Pandemic Play1+ days ago | July 1st | 2020 1:00AMUpwork (NASDAQ: UPWK) Stock is an Overlooked Pandemic PlayOnline freelance marketplace platform operator Upwork. Inc. (NASDAQ: UPWK) shares seem to have been overlooked throughout the COVID-19 pandemic despite favorable conditions stemming from stay-in-shelter mandates. Shares collapsed with the S&P 500 index (NYSEARCA: SPY) in February 2020 during the pandemic panic and managed to recover to year-to-date highs gaining momentum on the monthly market structure low (MSL) trigger above $14.20.Read Article 1+ days ago Record e-Commerce Volumes Deliver Surprise Quarter for FedEx (NYSE:FDX)1+ days ago | July 1st | 2020 1:00AMRecord e-Commerce Volumes Deliver Surprise Quarter for FedEx (NYSE:FDX) The big question heading into FedEx's (NYSE:FDX) fourth-quarter report was whether a pandemic-driven online shopping spree would outweigh lower business shipping volumes. The answer is a resounding yes. The delivery and logistics giant announced a 2% decline in revenue to $17.4 billion but adjusted earnings per share of $2.53 that far surpassed the Zacks consensus estimate of $1.42.Read Article 1+ days ago General Mills (NYSE: GIS) Rally Has Only Just Begun1+ days ago | July 1st | 2020 1:00AMGeneral Mills (NYSE: GIS) Rally Has Only Just BegunThis Is Why The S&P Is Going To Hit An All-Time High, Soon If you’ve been wondering what could keep the market moving higher let me tell you, it’s the results from companies like General Mills (NYSE: GIS). While most S&P 500 have suffered under the COVID-19 pandemic and restrictions others, notably consumer staples companies, have been flourishing.Read Article 1+ days ago Xilinx Stock (NASDAQ: XLNX) Aims For 2020 Highs1+ days ago | July 1st | 2020 1:00AMXilinx Stock (NASDAQ: XLNX) Aims For 2020 HighsWith less than 5% to go after Tuesday’s session, shares of Xilinx (NASDAQ: XLNX) are right within touching distance of their pre-COVID highs set in January. If they can make up the difference and push on, they’ll join an illustrious band of leading stocks that have come out of this pandemic stronger than when they started. The San Jose…Read Article 1+ days ago Can Another Upgrade Keep Southwest Flying (NYSE: LUV)?1+ days ago | July 1st | 2020 1:00AMCan Another Upgrade Keep Southwest Flying (NYSE: LUV)?With a 2.5% drop on Tuesday, it meant that Southwest Airlines’ (NYSE: LUV) shares are now down 20% from their June high. In the normal course of events, this would be considered a bear market or a full-blown correction for the stock, but in the context of COVID-19, a move like that isn’t what it used to be. Many investors are instead focusing…Read Article 1+ days ago Tesla (TSLA) Stock: Risk-Reward Gut Check with Maximum Volatility1+ days ago | July 1st | 2020 1:00AMTesla (TSLA) Stock: Risk-Reward Gut Check with Maximum Volatility So...how do you feel about risk? There are investors out there who can't get enough of the stuff, and invest as Richard Branson lived for a good chunk of the last couple decades. There are others, meanwhile, who'd keep it at the barest minimum possible. For investors who crave risk, Tesla (NASDAQ:TSLA) will be the roller-coaster ride potentially leading…Read Article 1+ days ago Constellation Brands (NYSE: STZ) Is A Buy After Earnings1+ days ago | July 1st | 2020 1:00AMConstellation Brands (NYSE: STZ) Is A Buy After EarningsAdult Beverages Are A Staple Too Constellation Brands (NYSE: STZ) star was rising even before it reported earnings today. The latest report from Nielson shows a marked and sustained spike in at-home beverage consumption that is underpinning sales within the industry. The spike, associated with pantry-loading and stay-at-home trends, proves that for…Read Article 1+ days ago Macy's (NYSE: M) Comeback Still a Thing Despite First-Quarter Losses1+ days ago | July 1st | 2020 1:00AMMacy's (NYSE: M) Comeback Still a Thing Despite First-Quarter Losses It was just about a week ago when we took a look at Macy's (NYSE: M) and discovered that there might be a comeback buried in this outmoded little dinosaur of mall-facing retail. The company announced its first-quarter sales figures, and while they were pretty much as bad as was expected, they weren't as bad as they might have been. Bad, But Not That Bad, Considering Everybody knew that the first quarter was going to be pretty bad at Macy's.Read Article 1+ days ago Steelcase (NYSE:SCS) Earnings Confirm Sector Damage As Businesses Shift to Work From Anywhere 1+ days ago | July 1st | 2020 1:00AMSteelcase (NYSE:SCS) Earnings Confirm Sector Damage As Businesses Shift to Work From Anywhere On the heels of disappointing earnings from competitor Herman Miller (NASDAQ:MLHR), Steelcase (NYSE:SCS) delivered their own poor earnings report that fell short of analysts’ forecasts on the top and bottom lines. After the markets closed on June 30, the Grand Rapids-based furniture manufacturer reported adjusted losses per share of 18 cents.Read Article 1+ days ago 2 High-Yield Stocks You Can Buy Right Now1+ days ago Match Group (NASDAQ: MTCH) Stock is a Sticky Pandemic Play 1+ days ago Sea Limited (NYSE: SE) Stock: Smooth Sailing Ahead for Investors?1+ days ago 3 S&P 500 Stocks to Avoid for Now1+ days ago General Mills (NYSE: GIS) Rally Has Only Just Begun1+ days ago Conagra Brands, Inc (NYSE: CAG), This Break Out Is A Signal To Buy1+ days ago Upwork (NASDAQ: UPWK) Stock is an Overlooked Pandemic Play1+ days ago Lululemon (LULU) Features Great Buying Momentum, Serious Potential Risk1+ days ago Xilinx Stock (NASDAQ: XLNX) Aims For 2020 Highs1+ days ago Constellation Brands (NYSE: STZ) Is A Buy After Earnings1+ days ago Boeing Stock Surges 14% Despite Recent Downgrades1+ days ago Tesla (TSLA) Stock: Risk-Reward Gut Check with Maximum Volatility1+ days ago Can Another Upgrade Keep Southwest Flying (NYSE: LUV)?4 hours ago Global stocks follow Wall Street higher on vaccine hopes1+ days ago Wall Street stocks claw back a chunk of last week's losses1+ days ago Wells Fargo Dividend Is the Best Reason to Own the Stock. But Is It Enough?1+ days ago Saudi shoppers rush to buy gold before taxes triple1+ days ago Powell says US economy facing heightened uncertainty 1+ days ago Ralph Lauren (NYSE: RL) Struggles To Keep Recovery Going11 minutes ago Brightsphere Investment Group (NYSE:BSIG) Hits New 1-Year High After Analyst Upgrade11 minutes ago Workhorse Group (NASDAQ:WKHS) Sets New 52-Week High Following Analyst Upgrade11 minutes ago National Beverage (NASDAQ:FIZZ) Reaches New 1-Year High on Better-Than-Expected Earnings11 minutes ago TAL Education Group (NYSE:TAL) Hits New 12-Month High After Analyst Upgrade11 minutes ago FormFactor (NASDAQ:FORM) Hits New 52-Week High on Analyst Upgrade11 minutes ago Fastenal (NASDAQ:FAST) Sets New 52-Week High After Analyst Upgrade24 minutes ago Tesla (NASDAQ:TSLA) PT Raised to $1,250.0024 minutes ago T. Rowe Price Group (NASDAQ:TROW) Price Target Raised to $142.00 at Morgan Stanley24 minutes ago Seacoast Banking Co. of Florida (NASDAQ:SBCF) Upgraded by B. Riley to Buy24 minutes ago Rocket Pharmaceuticals (NASDAQ:RCKT) Receives New Coverage from Analysts at JPMorgan Chase & Co.24 minutes ago Paypal (NASDAQ:PYPL) PT Raised to $200.00 at Wedbush24 minutes ago Pinnacle Financial Partners (NASDAQ:PNFP) Stock Rating Upgraded by Zacks Investment Research24 minutes ago DA Davidson Increases Overstock.com (NASDAQ:OSTK) Price Target to $66.0024 minutes ago Liberty Global (NASDAQ:LBTYA) Upgraded to "Buy" by Redburn Partners24 minutes ago JPMorgan Chase & Co. Boosts Illumina (NASDAQ:ILMN) Price Target to $390.0024 minutes ago FormFactor (NASDAQ:FORM) Upgraded at Stifel Nicolaus24 minutes ago Franklin Electric (NASDAQ:FELE) Given "Neutral" Rating at DA Davidson24 minutes ago Fastenal (NASDAQ:FAST) PT Raised to $50.00 at Wells Fargo & Co24 minutes ago E*TRADE Financial (NASDAQ:ETFC) PT Raised to $50.00 View More News Free Email Newsletter Sign up to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter: Sector Performance (Ad)Lithium is Tesla’s life blood and China is strangling its supply. That’s why Elon Musk could be eying a Nevada lithium mine that’s just 188 miles from his Gigafactory – same day delivery! Popular StocksCompanyCurrent PricePrice ChangeAAPLApple Inc.$369.961.60%MSFTMicrosoft Co.$207.361.30%FBFacebook, Inc.$235.32-0.94%GOOGLAlphabet Inc$1,461.661.36%AMZNAmazon.com, Inc.$2,952.332.56%NVDANVIDIA Co.$389.302.12%CGCCanopy Growth Corp$16.500.18%BABAAlibaba Group Holding Ltd$222.072.83%MUMicron Technology, Inc.$50.681.97%GEGeneral Electric$6.993.71%TSLATesla Inc$1,207.297.83%AMDAdvanced Micro Devices, Inc.$52.54-0.10%TAT&T Inc.$30.261.20%Follow Stocks Analyst RatingsCompanyBrokerageActionOSTKOverstock.com IncDA DavidsonBoost Price Target$33.00 ➝ $66.00POLPolyOne Co.Robert W. BairdBoost Price Target$25.00 ➝ $30.00ILMNIllumina, Inc.JPMorgan Chase & Co.Boost Price Target$340.00 ➝ $390.00CCMPCabot Microelectronics Co.CL KingBoost Price Target$150.00 ➝ $153.00EVLOEvelo Biosciences IncBMO Capital MarketsLower Price Target$21.00 ➝ $17.00STZConstellation Brands, Inc.JPMorgan Chase & Co.Boost Price Target$200.00 ➝ $227.00STZConstellation Brands, Inc.Credit Suisse GroupBoost Price Target$205.00 ➝ $215.00FDXFedEx Co.Deutsche BankBoost Price Target$128.00 ➝ $150.00UEUrban Edge PropertiesMorgan StanleyBoost Price Target$7.50 ➝ $9.20AXPAmerican ExpressCompass PointBoost Price Target$78.00 ➝ $85.00ETFCE*TRADE Financial CorpCompass PointBoost Price Target$41.00 ➝ $50.00VCTRVictory Capital Holdings IncMorgan StanleyBoost Price Target$14.00 ➝ $16.00See All Analyst Ratings (Ad)Lithium is Tesla’s life blood and China is strangling its supply. That’s why Elon Musk could be eying a Nevada lithium mine that’s just 188 miles from his Gigafactory – same day delivery!Today's Top GainersCompanyPrice ChangeIndicatorJOBGEE Group Inc329.41%CHKChesapeake Energy Co.141.84%High Trading VolumeAnalyst RevisionTUESTuesday Morning Co.98.73%FRANFrancesca's Holdings Corp97.40%High Trading VolumeSTAFStaffing 360 Solutions Inc54.67%High Trading VolumeABILAbility Inc50.00%SAEXSAExploration Holdings Inc46.02%NXTDNXT-ID Inc38.11%High Trading VolumeIOIon Geophysical Corp37.49%MOSTMobileSmith Inc35.14%High Trading VolumeNLSTNetlist, Inc.26.32%Analyst UpgradeCARAvis Budget Group Inc.24.47%Analyst UpgradeHeavy News ReportingSee More Top Gainers Today's Top LosersCompanyPrice ChangeIndicatorRTTRRitter Pharmaceuticals Inc-90.19%IACIAC/InterActiveCorp-65.22%Analyst ReportLKLuckin Coffee Inc.-47.13%WRCDFWirecard AG-39.47%High Trading VolumeAEZSAEterna Zentaris Inc.-29.61%High Trading VolumeHeavy News ReportingSAGKFStagecoach Group plc-24.10%Analyst DowngradeHigh Trading VolumePOLAPolar Power Inc-22.04%Earnings AnnouncementAnalyst DowngradeCDTICDTi Advanced Materials Inc-21.91%MEIPMEI Pharma Inc-19.90%Analyst DowngradeANFCBlack Ridge Oil & Gas Inc-19.60%STRISTR Holdings, Inc.-16.39%SUNWSunworks Inc-16.19%Analyst DowngradeHigh Trading VolumeHeavy News ReportingSee More Top Losers 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
