|Day Low/High||57.65 / 58.53|
|52 Wk Low/High||38.02 / 73.34|
Stocks build upon slight gains by mid-afternoon Wednesday as a crude rally energizes oil stocks.
The best play here is to take your profits, thank Etsy for a solid report and wait for this overreaction to subside.
The Brooklyn, N.Y., e-commerce company delivered a surprise beat in the second quarter.
Jim Cramer says Fitbit's CEO James Park has finally gotten in sync with Wall Street in terms of guiding earnings estimates.
Etsy is living up to its potential and the stock price reflects that, Cramer says.
Stocks inch higher on Wednesday morning after choppy early trading in which traders seemed unable to determine a direction after a days-long losing streak.
Stock futures hold lower on Wednesday even as a read on the private sector shows a greater number of jobs added in July than expected.
Stock futures sag again Wednesday, as wearable tech maker Fitbit beats earnings expectations and oil prices hover around $40 a barrel.
These companies are finally fulfilling their promises to investors.
Investors are getting worried this may be the top.
Etsy beat on the top line posting a loss of $0.06 a share on revenue of $85.34 million. Analysts estimated a loss of $0.01 on sales of $80.55 million.
Etsy stock rose in after-hours trading on Tuesday after the e-commerce platform posted better-than-expected revenue for the 2016 second quarter.
On Tuesday, August 2, Procter & Gamble reports quarterly results and the Federal Reserve's preferred inflation gauge is released.
Another sharp decline in crude oil pulled the S&P 500 and Dow Jones Industrial Average lower in a mixed start to the new month.
Etsy is expected to report an increase in earnings and revenue for the fiscal 2016 second quarter.
Etsy stock is surging this morning after Citigroup initiated coverage with a 'buy' rating in a call that Jim Cramer says is 'exciting.'
Trade-Ideas LLC identified Etsy (ETSY) as a strong on high relative volume candidate
For the week of August 1, investors will be watching a slew of corporate earnings and the July jobs report.
Summertime is synonymous with outdoor grilling and burgers.
Shares of Etsy are up today as the online retailer benefits from buzz from Amazon.com's (AMZN) Prime Day.
The publicity from Amazon's big shopping day seems to be having a halo effect on other companies in the space, but longer-term, the pressure will be on them to compete.
Pinterest is interested in monetizing its content, but it may change the culture of e-commerce in the process.
The e-commerce giant's new service that gives teachers free learning materials is designed to help it gain more traction in a lucrative market.
The e-commerce giant would reap some huge benefits if it can figure out how to effectively use smart machines.
Market's standard action over the past week is to be down at the open, then recover with breadth leading. Not so today.
How does Cramer know that investors are getting careless? Because they see takeovers everywhere.
A couple of closes above $10 will help to strengthen the chart.
Here are Wednesday's top research calls, including upgrades for Children's Place and Tesla Motors, a downgrade for Jabil Circuit and new coverage for Etsy.
The first quarter was rough for traditional retailers like Macy's and Nordstrom, partly due to online players like Amazon. Investors may want to buy this e-commerce ETF.
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