Smaller Players Jumped while Some Big Techs Fell

D.R. Horton Inc (DHI) was up 9.1 percent on Tuesday. The U.S. real estate developer involved in residential development said it now expects revenues in fiscal 2021 to be above consensus. As demand was driven by low rates, it also posted better-than-expected quarterly earnings. The company posted quarterly earnings of $2.24 per share, while analysts were in estimates of $1.76 per share for the same.

Lowe’s Companies, Inc. (LOW), the number two U.S. furniture retailer gained 1.4 percent on Tuesday. Responding to a report in Bloomberg that it had approached HD Supply Holdings Inc (HDS) for preliminary talks regarding an acquisition, Lowe’s has emphatically denied the claims. Stock of HD Supply was also up 0.98 percent on the day.

Microsoft Corporation (MSFT) was down -3.3%. The Redmond’s IT giant on Tuesday launched a new version of its popular Xbox, seven years after the release of the previous console generation, and just before the release of Sony’s PlayStation 5.

Alphabet Inc (GOOG) lost -1.3 percent on Tuesday. The company inked a collaboration agreement with the Frenchman OVH. To complete its bid, the tricolor host would be able to use one of the American cloud technologies.

Nikola Corporation (NKLA) dipped -3.2% also the electric truck maker, said its planned partnership with General Motors had not been abandoned and that talks were underway. The market is not optimistic and the stock weakens. A strategic alliance announced in September is being negotiated by the two firms, which would give GM an 11 percent stake in Nikola in return for supplying its battery and hydrogen-fuel cell technology and producing Nikola’s debut pickup truck.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


The Kraft Heinz Company (KHC) was down -0.46 percent. Over 29 million Kraft Heinz shares have been placed up for sale by 3G Capital, the second largest shareholder in the U.S. food company, which could weigh on prices today.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Recent Articles

The Facts You Need to Know about Itron Inc. (ITRI) Moving Forward

Itron, Inc. (NASDAQ: ITRI) released a positive update for the fourth quarter and full-year 2020. This quarter was highlighted by a record portfolio of...

One stock you can’t skip: Bionano Genomics Inc. [BNGO]

Bionano Genomics Inc. (BNGO) stock prices have grown nearly 1,000% in the past 12 months. Despite this, some analysts feel that the shares have...

What the sentiment indicator is Signaling: CEVA Inc (CEVA)

CEVA, Inc. (NASDAQ: CEVA) reported its fourth-quarter report on Tuesday, February 16; the company signed 21 new agreements generating record revenues. CEVA provides OEMs with...

A Stock Check: Which direction Pinterest Inc (PINS) will move from here?

The social networking company Pinterest Inc (PINS) rose 226% in the past year. If the price has increased significantly, is it worthwhile to acquire...

Why Should Synaptics Incorporated (SYNA) Be On Your Radar?

Growing demand for laptops has allowed Synaptics Inc. (NASDAQ: SYNA) to expand its touchpad sales. The company becomes a technology leader in its narrow...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.