Park Hotels & Resorts (PK) Loses -6.09% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-02-04 15:36
Park Hotels & Resorts (PK) has been beaten down lately with too much selling pressure. While the stock has lost 6.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...
After Plunging -24.14% in 4 Weeks, Here's Why the Trend Might Reverse for AMC Entertainment (AMC)
ZACKS· 2025-02-04 15:36
A downtrend has been apparent in AMC Entertainment (AMC) lately with too much selling pressure. The stock has declined 24.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, f ...
Why Nvidia Stock Lost 11% in January
The Motley Fool· 2025-02-04 15:35
Shares of Nvidia (NVDA 2.75%) suffered a double-digit decline in January, primarily due to the threat from Chinese artificial intelligence (AI) start-up DeepSeek.AI stocks plunged on Jan. 27 as investors reacted to the new chatbot DeepSeek R1 and DeepSeek's 22-page research paper that explained the engineering and technology behind the low-cost, open-source AI model. Among other things, DeepSeek claimed that it cost just $5.5 million to train the model, a tiny fraction of the billions that Nvidia's customer ...
1 Top Cryptocurrency Stock to Buy in 2025
The Motley Fool· 2025-02-04 15:35
The crypto market has had a strong start to the year, continuing its upward trend from 2024. One cryptocurrency stock that could be poised for significant growth is Coinbase (COIN -0.15%), which is up over 8% this year as I write this. For the past year, its returns are about five times higher than those of the S&P 500.Coinbase is the largest U.S. crypto exchange by trading volume, and it tends to perform well during crypto's bull markets. Here's why it could deliver impressive returns in 2025 and beyond.A ...
Notice To Long-Term Integra Lifesciences Holdings Corporation (NASDAQ: IART) Shareholders: Grabar Law Investigates Claims on Your Behalf
GlobeNewswire· 2025-02-04 15:34
PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Grabar Law Office is investigating whether the Board of Directors of Integra LifeSciences Holdings Corp. (NASDAQ: IART) breached their fiduciary duties owed to the Company. Current Integra LifeSciences Holdings Corp. (NASDAQ: IART) shareholders who have held the stock since on or before March 11, 2019, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them. Learn ...
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of TELUS International (Cda)
GlobeNewswire· 2025-02-04 15:33
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Telus International To Contact Him Directly To Discuss Their Options If you purchased securities in Telus International between February 16, 2023 and August 1, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIR ...
ExxonMobil After Q4 Earnings: Should You Hold the Stock or Sell it?
ZACKS· 2025-02-04 15:30
Last Friday, Exxon Mobil Corporation (XOM) reported fourth-quarter 2024 earnings that exceeded expectations, driven by stellar production from Guyana and Permian, contributing to a strong business outlook.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.Before analyzing the factors driving this positive outlook, let’s first review the fourth-quarter results.XOM’s Q4 Earnings SnapshotExxonMobil reported earnings per share of $1.67 (excluding identified items), which beat the Zacks ...
PFE's Colorectal Cancer Drug Meets Other Dual Primary Goal of PFS
ZACKS· 2025-02-04 15:30
Pfizer (PFE) announced positive top-line results from the progression-free survival (PFS) analysis of a late-stage study of its oncology drug, Braftovi (encorafenib), for treating patients with metastatic colorectal cancer (mCRC) harboring a BRAF V600E mutation. Braftovi is an oral small-molecule kinase inhibitor that targets BRAF V600E.The phase III BREAKWATER study is evaluating the candidate's safety and efficacy in combination with Eli Lilly’s (LLY) Erbitux (cetuximab) and chemotherapy (mFOLFOX6) in mCR ...
ServiceNow Declines 10% Since Q4 Results: What Should Investors Do?
ZACKS· 2025-02-04 15:30
ServiceNow (NOW) shares have declined 10.7% since the company reported fourth-quarter 2024 earnings results on Jan. 29. Although both revenues and earnings beat the Zacks Consensus Estimate comfortably, shares fell due to modest subscription revenue growth projection for 2025.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.NOW’s 2025 subscription revenue growth is now expected to be between 19.5% and 20% at constant currency (cc) over 2024. ServiceNow reported 2024 subscription revenu ...
BlackBerry Completes Sale of Cylance Endpoint to Arctic Wolf
ZACKS· 2025-02-04 15:30
BlackBerry Limited (BB) has sold its Cylance endpoint security assets to Arctic Wolf. On Dec. 15, 2024, BlackBerry and Arctic Wolf, a global leader in security operations helping customers manage cyber risks with its advanced cloud-native security platform, signed a definitive agreement.BB’s shares are up 2% in the pre-market trading session on Feb. 4.The deal, valued at roughly $160 million, includes cash considerations and Arctic Wolf’s common shares. Per the terms of the agreement, following purchase pri ...