Salesforce.com, inc. (NYSE:CRM) stock is 0.2% higher at $270.90 at last glance. Shares of the blue-chip cloud technology stock recently suffered a bear gap on the charts that pulled it away form its March 1, record high of $318.72. The equity has shed 11.6% over the last month and is now closing in on its year-to-date breakeven mark, though a historically bullish trendline could help turn things around. stock is 0.2% higher at $270.90 at last glance. Shares of the blue-chiprecently suffered a bear gap on th ...

Verizon Communications Inc. (NYSE:VZ) earlier reported a first-quarter earnings beat, though revenue missed the mark. The company also a saw much smaller-than-expected loss of wireless phone subscribers. The security is down 1.7% to trade at $39.82 at last check, despite surging above resistance form the 20-day moving average earlier in the session. The security still sports a 7.3% lead for 2024, thanks to its run up to an April 4, 52-week high of $43.42. Though shares are today looking to snap a three-day ...

An earthquake in Taiwan led the company to scrape some of its wafersTaiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) stock was last seen down 4.8% at $132.30, despite the semiconductor giant surpassing first-quarter earnings and revenue expectations. Today's losses follow an earthquake in Taiwan earlier this month that led the company scrape some of its wafers, though it caused no structural damage.The security earlier hit its lowest level since early March, and could today settle below the 60-day moving avera ...

Eli Lilly And Co (NYSE:LLY) stock was last seen up 2.8% at $767.65, after the pharmaceutical giant said data from two late-stage trials showed its weight loss drug Mounjaro helped reduce irregular breathing in patients with obstructive sleep apnea.The security is on track to snap a four-day losing streak, and sports a whopping 106.1% year-over-year lead. Shares notched a March 4, all-time high of $800.78, with support from the $730 level, which has acted as a floor since early February.Short-term options tr ...

The shares of oil and gas stock Chevron Corp (NYSE:CVX) are pulling back from their recent five-month peak, now on track for a fourth-straight daily loss. In fact, most of the energy sector is sliding today, as concerns regarding tensions in the Middle East ease and crude prices slip. For those curious about buying the dip, however, this recent pullback has CVX within one standard deviation of its 50-day moving average, a trendline with historically bullish implications. Per Schaeffer's Senior Quantitative ...

Cincinnati-based manufacturing giant Proctor & Gamble Co (NYSE:PG) is slated to step into the earnings confessional before the open on Friday, April 19. The company is expected to report fiscal third-quarter adjusted earnings of $1.42 per share on revenue of $20.5 billion -- a 3.7% and 2.1% year-over-year increase, respectively.  Looking at PG's earnings history, there's a precedent for positive post-earnings returns, with six of its eight next-day sessions ending higher. The last eight quarters produced an ...

Shares of UnitedHealth Group Inc (NYSE:UNH) are surging today, after the blue-chip healthcare name's first-quarter results beat estimates, despite a cyberattack that is projected to cost the company up to $1.6 billion this year. At last glance, UNH was up 6.3% at $473.75, earlier as high as $479.95 and sending sector peers higher. The stock has yet to completely recover its early-April bear gap, which occurred after the cyber event, though today's pop has helping remove it further from its April 12 two-year ...

Shares of Cincinnati-based grocery store giant Kroger Co (NYSE:KR) are 1% higher at $55.92, after landing a bull note from Wells Fargo. The Wall Street brokerage upgraded KR to "overweight" from "equal weight" and lifted its price target to $65 from $58, citing improving fundamentals and "potential for a huge buyback." April 2022 -- KR still boasts an 18.2% year-over-year lead and a 23.6% year-to-date gain. On the charts, Kroger stock is climbing back towards its April 3, annual high of $58.33. Though its s ...

Tesla Inc (NASDAQ:TSLA) is in the spotlight today, after news that the electric vehicle (EV) giant is cutting over 10% of its global workforce due to slowing demand. The memo to employees was first leaked by online publication Electrek, with chief executive Elon Musk saying "There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle." Two top executives left amid the layoffs -- Senior V.P. Drew Baglino and V.P. of public policy an ...

U.S.-based defense stocks are on the rise today, as tensions build in the Middle East. Following a retaliatory attack by Iran on Israel over the weekend, J.P. Morgan Securities upgraded Lockheed Martin Corp (LMT) to "overweight" from "neutral," with a price-target hike to $518 from $475. At last glance, LMT was up 1.1% at $455.13, and trading at its highest levels since late January. The equity is fresh off a weekly loss, which snapped a five-week win streak after the stock's rebound from its February lows. ...