Equity Markets

Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears

Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities that will cause it to miss the filing deadline for second-quarter results. That prompted a number of analysts to back away from their bullish stances, …

Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears Read More »

AMC takes aim at massive debt burden with ‘APE’ special dividend

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie theater chain’s $27.9 million investment in gold and silver miner Hycroft Mining Holding Corp. HYMC, …

AMC takes aim at massive debt burden with ‘APE’ special dividend Read More »

Meta’s first-ever corporate bond deal sees $30 billion in demand despite Zuckerberg’s gloomy warning

Corporate bond investors appeared pretty bullish on the metaverse Thursday, or at least about digital advertising. Meta Platforms Inc. META, -2.03%, the parent of Facebook, on Thursday saw roughly $30 billion in demand for its debut $10 billion, four-part U.S. corporate bond deal, according to a person with knowledge of the dealings and Informa Global …

Meta’s first-ever corporate bond deal sees $30 billion in demand despite Zuckerberg’s gloomy warning Read More »

The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

The S&P 500 index may be about to secure two major bullish SPX, -0.06% milestones. First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining …

The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line Read More »

Why the U.S. stock rally looks more like a new bull market than a bear bounce to these analysts

Broader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though it’s too early to say for sure. “The risk that the recent advance is merely a bear market rally has not been eliminated. But…the technical …

Why the U.S. stock rally looks more like a new bull market than a bear bounce to these analysts Read More »

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year already has exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’s equity quant Marko Kolanovic. While more Wall Street analysts …

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline Read More »