The three major U.S. equities indexes closed lower again on Thursday for the third day in a row.

Futures Tumble As Global Bond Yields Surge

12:34pm, Tuesday, 18'th Jan 2022 Zero Hedge
Futures Tumble As Global Bond Yields Surge Yesterday when US stock markets were closed but both bond and equity futures were trading, we pointed out that 10Y Treasury futures implied a yield of over 1.80%, a number which was the highest in years and which we warned would cause headaches for stock traders when the US reopened fully on Tuesday. And sure enough, with 10Y yields surging as high as 1.8536% overnight and 2Y yields jumping to 1.05% (up a whopping 15bps from 0.90% last Friday) .... futures are getting hammered this morning, with emini S&P futures down 48 points or over 1% and just above 4,600, while Nasdaq futures were getting hammered again, sliding 1.62% or 254 points. The dollar rose and Brent oil touched $88/bbl, the highest price since 2014. Global stocks have had a turbulent start to the year as investors shift out of more expensive and rates-sensitive sectors such as technology into cheaper, so-called value shares. Market participants are now waiting for the earnings season to gauge whether companies can continue delivering robust profits despite higher costs and challenges from omicron.
Under Armour Inc. has used the tumultuous time during the COVID-19 pandemic to make long-term improvements to the business, BMO Capital Markets analysts say, driving an upgrade of the stock to outperf

BMO Capital Upgrades Under Armour To Outperform

06:09am, Tuesday, 18'th Jan 2022
BMO Capital analyst Simeon Siegel upgraded Under Armour Inc (NYSE:UAA) to Outperform from Market Perform with a price target of $25, up from $23, implying a 32.56% upside. Simeon believes the rec
Walmart Creates Its Own Cryptocurrency, NFTs, Enters Metaverse With Sales Of Virtual Goods The last time Walmart was reportedly entering the crypto space, it turned out to be a giant Litecoin-promoting hack, that was quickly reversed, after it became clear that playful hackers had fabricated a press release . But there appears to be nothing fake about the latest news involving Walmart''s desire to ride the latest wave of crypto/web 3.0/metaverse/NFT euphoria, and as a result the big box retailer is boldly venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. According to CNBC , Walmart filed several new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a virtual currency, as well as NFTs. In total, seven separate applications have been submitted.

Under Armour and Nike are lower after a soft retail sales report

03:43pm, Friday, 14'th Jan 2022 Seeking Alpha
Under Armour is the biggest decliner in the S&P 500 Index and Nike is one of the largest decliners in the Dow. Read more.
Under Armour Appears Fit For 2022 After Its Restructure
Under Armour (UAA) closed at $19.47 in the latest trading session, marking a -0.36% move from the prior day.
Under Armour (UAA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why MercadoLibre Stock Jumped 14% in December

03:35pm, Wednesday, 05'th Jan 2022 The Motley Fool
The Latin American e-commerce and fintech company is starting to rebound after losses in 2021.
Under Armour (UAA) closed the most recent trading day at $21.48, moving +1.13% from the previous trading session.
Shares of Under Armour Inc (NYSE: UAA) have lost more than 20% in less than two months, but Baird says expect a strong rebound in the coming months. Baird adds UAA to its list of top ideas for 2022 In

Under Armour Named a Top Investing Idea for ''22 at Baird

02:40pm, Tuesday, 04'th Jan 2022 The Street
Under Armour shares climb as a Baird analyst names the sports-apparel company one of his top 2022 ideas.
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