Monday.com, Barrick Gold, KeyCorp: 3 Moving Stocks

Monday.com (MNDY) stock is thriving after topping second quarter earnings estimates and raising its full-year revenue guidance.

Barrick Gold (GOLD) also beat earnings forecasts tied to the upward moves in metal prices, including gold (GC=F) and copper (HG=F).

KeyCorp stock (KEY) is rising by over 10% Monday morning after the Bank of Nova Scotia (BNS) bought a 14.9% stake in the regional bank.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

Video transcript

Let's get to some big stock movers on Yahoo Finance.

Today is monday.com Barrett Gold and Key Corp. We're gonna do each one in 30 seconds.

Let's kick it off first.

We have monday.com shares are rallying today.

You're looking at gains of just about 8.5%.

Now, this company is a project management software company.

It actually beat the street's expectations in its last quarter.

It raised its guide and some of the things that we are seeing quote unquote the results, a signal sustained market share gains and also further inroads in the larger customers as pro product portfolio brought in.

So that pipeline for their product portfolio bull assigned here for investors at this point.

Again, this move to the upside.

Tegan is very encouraging from the streets.

So monday.com a trend here today.

All right, Sean.

Well, I'm gonna move on to gold bear gold in particular shares rising after the mining company beating the street's expectations in its second quarter report that comes thanks to both a jump in gold and copper prices.

This company also issuing a 10 cent per share dividend, be purchasing nearly 3 million shares.

But what I really wanted to focus on was gold as its own asset class hitting its highest levels in a week ahead of key inflation data.

It's nearing all time highs.

And I should also mention that gold is already up 19% over the course of this year.

So we've seen a massive run not only due to some of the volatility we saw last week here, but of course, the geopolitical tensions leading to that run as well.

All right, let's round it out with key core because shares are surging Bank of Nova Scotia agreeing to buy nearly percent stake.

So I had about 2.8 billion in the bank holding company.

You're looking at gains of just about 12% here.

Well, Keycorp here, one of the regional banks that was hit hard by last year's turmoil, Bank of Nova Scotia doing this as part of their focus on North America.

Now, this is that Canadian Bank is the one with the biggest international footprint.

Most of their investments though have been in Latin America.

So they have a push here for North America again, the move to the upside in key Corp and that is a stock to watch today.