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Wall Street Journal
a day ago
- Business
- Wall Street Journal
Stocks to Watch Monday: Tesla, Robinhood, AppLovin, MP Materials
↘️ Tesla (TSLA): The electric-vehicle stock sold off in premarket trading, as investors watch for any further updates in the high-profile falling-out between President Trump and Chief Executive Elon Musk. The stock slid Thursday before regaining some ground Friday. ↗️ Intuitive Machines (LUNR); AST SpaceMobile (ASTS); Rocket Lab (RKLB): While Musk has walked back his threat to stop operating a SpaceX spacecraft on which NASA depends, his feud with Trump has boosted these space-technology stocks. Shares of all three rose premarket. Late Friday, United Airlines (UAL) said it had disabled SpaceX's Starlink Wi-Fi on planes after a static problem. ↘️ EchoStar (SATS): The Wall Street Journal reported the satellite-and-wireless company is considering a bankruptcy filing, as it faces a regulatory review of its spectrum licenses. Shares dropped roughly 11% before the bell.
Yahoo
4 days ago
- Automotive
- Yahoo
Tesla Stock Jumps After Sharp Selloff
Tesla stock rose more than 4% in premarket trading Friday, suggesting the shares were set to claw back some of their heavy losses from the previous session. Tesla stock was up 4.3% at $296.99 ahead of the open, while S&P 500 and Dow Jones Industrial Average futures were both up 0.
Yahoo
5 days ago
- Business
- Yahoo
Watch These MongoDB Price Levels as Stock Pops After Database Software Provider Lifts Outlook
MongoDB lifted its full-year outlook and boosted its stock buyback program, sending shares higher in premarket trading Thursday. The stock has carved out an inverse head and shoulders-like pattern between March and June, paving the way for a bullish upside reversal. Investors should watch crucial overhead areas on MongoDB's chart around $253, $298, and $355, while also monitoring a vital support level near $ (MDB) lifted its full-year outlook and boosted its stock buyback program, sending shares of the AI-powered software provider up over 16% in premarket trading on Thursday. The company said its flagship Atlas multi-cloud database subscription offering, which accounts for the lion's share of net sales, recorded revenue growth of 26% in its latest quarter, adding that the firm also registered the highest total net customer additions in six years as enterprises and startups seek to modernize existing software and build new AI applications. Heading into MongoDB's earnings, the stock was 14% lower over the past 12 months but had recovered 42% from their early April low amid a strong rebound in AI software stocks driven by trade deal optimism. Below, we break down the technicals on MongoDB's chart and identify post-earnings price levels worth watching out for. MongoDB shares have carved out an inverse head and shoulders-like pattern between March and June, paving the way for a bullish upside reversal. More recently, the pattern's right shoulder found support just above the 50-day moving average (MA), with the relative strength index (RSI) confirming strengthening price momentum. That momentum could accelerate in Thursday's trading session following the company's better-than-expected quarterly results. Let's identify three crucial overhead areas on MongoDB's chart that could come into focus amid an earnings-driven rally and also point out a vital support level worth monitoring during future retracements. Investors should initially watch the $253 area. The shares may encounter overhead resistance in this location near a trendline connecting a range of corresponding trading activity on the chart that preceded the notable early March stock gap. This area also closely aligns with the 50% Fibonacci retracement level when applying a grid from the stock's December high to April low. A close above this crucial area could see the shares climb toward $298. This location on the chart may provide selling pressure near several peaks that developed on the chart between September and February. Buying above this area could propel a move to around $355. Investors who have accumulated shares at lower price may seek exit points in this region near twin peaks that formed just above the 200-day MA in November and December last year. Future retracements in MongoDB shares could see the price revisit lower support at the $212 level. This area would likely attract buying interest near a horizontal line linking the daily high of the March 6 gap with prominent troughs that emerged on the chart in June and August last year. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia
Wall Street Journal
5 days ago
- Automotive
- Wall Street Journal
Winnebago Cuts Outlook on Weaker Motorhome Demand
Shares of Winnebago WGO 2.49%increase; green up pointing triangle Industries fell after the company said it expects to adjust its headcount, shift production plans and post weaker-than-expected results for the spring quarter due to eroding demand for motorhomes. The stock was down 8.4% at $31.99 in premarket trading. Shares had already fallen 27% year-to-date when the market closed Wednesday.
Yahoo
6 days ago
- Business
- Yahoo
Basel Medical Group Reiterates in Regulatory Filing Underlying Business Strength Following Continued Volatility in Shares
Basel Medical Group's (BMGL) shares were trading down more than 12% in premarket activity Wednesday, Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
