Dogecoin, Cardano’s ADA, XRP Fall 7% in Weekend Bloodbath
Market capitalization slumped 5% as traders took profits on the week-long rally ahead of the weekend.
Market capitalization slumped 5% as traders took profits on the week-long rally ahead of the weekend.
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
The company was hit with a recommendation downgrade. Teen- and "tween"-focused discount retailer Five Below (NASDAQ: FIVE) saw its stock head south on Friday after a researcher downgraded its recommendation on the company.
Seanergy Maritime Holdings Corp (SHIP) closed the most recent trading day at $6.02, moving +1.52% from the previous trading session.
Prices as of 5:30:12 PM Friday, May 23. U.S. Indices
One piece of news came from Florida, the other from Pennsylvania. One positive internal company development and another outside of its control helped propel Curaleaf (OTC: CURLF) stock into the win column on Friday. The marijuana company's shares ticked up by 1.5% that trading session, on a day when the S&P 500 index closed in the red at 0.4%.
The Latin American e-commerce and fintech leader is still a great long-term investment.
New store openings, coupled with comparable sales growth, helped this business drive a double-digit revenue gain in Q1. In the past 12 months, the S&P 500 index has generated a total return of 13% (as of May 21). There's one growth stock that has handily outperformed the broader index, as it's up 61% in the past year.
Super Micro Computer's stock has recovered from the lows but is still down 62% from highs. The company's revenue is growing quickly, but profit margins are falling. With the potential of a cyclical downturn in semiconductors and AI, there is a lot of risk with Super Micro Computer stock.
Zacks highlights strong prospects for COST, CB, and CI, with Costco's steady growth, Chubb's strategic expansion, and Cigna's solid Q1 performance amid margin pressures.