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January 22, 2020
Tesla Inc.’s TSLA stock is trading higher by 5% Wednesday morning, pushing its valuation over $100 billion. The surge was preceded by a 7.19% higher close in Tuesday’s session, after New Street Research raised the electric vehicle maker’s price target from $530 to $800.
January 21, 2020
U.S. President Donald Trump and French President Emmanuel Macron have agreed to a truce on their ongoing digital tax dispute. The United States and France have agreed that neither country will impose punitive tariffs until the end of 2020.
January 13, 2020
Beijing-based plant-based meat maker Zhenmeat is seeking up to $2 million in funding from investors across the globe, as it tries to capture the rising demand for meat alternatives in China, the company’s co-founder Vince Lu told Bloomberg in an interview on Monday.
January 8, 2020
The SPDR S&P Dividend ETF SDY jumped 7.3% in the final three months of 2019. The $19.78 billion SDY tracks the S&P High Yield Dividend Aristocrats Index, which requires member firms to have minimum dividend increase streaks of at least 20 years.
January 6, 2020
The effect of the U.S. airstrikes at the Baghdad Airport that killed prominent Iranian military leader Qassem Soleimani continued to be seen on financial assets on Monday as Iran’s threat to retaliate looms.
January 2, 2020
Former research analyst Gene Munster has been closely following Apple Inc. AAPL for years and said the stock still has plenty of room to run higher after strong gains in 2019.
December 30, 2019
December 23, 2019
JPMorgan analysts met with Starbucks Corporation SBUX management at its headquarters and drove home bullish on the coffee restaurant chain. JPMorgan analyst John Ivankoe upgraded Starbucks from Neutral to Overweight with a price target lifted from $90 to $94.
December 20, 2019
Netflix Inc NFLX released a cache of data on global operations earlier this week. The report, which captures performance metrics from 2017 through 2019, was generally celebrated.
December 19, 2019
A number of sectors — including tech, biopharma and airlines — traded higher on news of a “phase-one” deal. Here’s a look at some of the stocks that moved on the latest trade war development.
December 17, 2019
As retail traders have become more sophisticated and online trading platforms have offered more features, short selling has become an increasingly popular way for traders to profit off of a stock’s downturn. Unfortunately, sometimes short selling can be an expensive venture.
December 16, 2019
Christmas came early for Amarin Corporation plc AMRN with the FDA’s approval of an expanded label for its fish oil pill Vascepa ahead of a scheduled Dec. 28 decision date.
December 12, 2019
On Monday, Bank of America analyst Vivek Arya double-upgraded 5G Apple, Inc. suppliers Qorvo Inc and Skyworks Solutions Inc from Underperform to Buy. Arya raised his price target for Qorvo from $80 to $130 and his target for Skyworks from $92 to $122.
December 11, 2019
Plant-based meat alternative food maker Beyond Meat Inc BYND announced Wednesday its Beyond Beef product will be available to Canadian consumers. Canadian consumers have been enjoying Beyond Meat’s plant-based burgers and sausages since May.
December 9, 2019
Democratic presidential candidates, including Joe Biden, Elizabeth Warren and Bernie Sanders, have proposed a new tax on financial transactions. While candidates argue these new taxes could help pay for ambitious healthcare programs that could benefit the middle class, critics say they would suffocate retail stock traders.
December 5, 2019
The internet has become the lifeblood for Wall Street and the U.S. economy, and every second the U.S. if off the grid costs companies and investors big bucks. In fact, just a 24-hour nationwide U.S. internet outage would cost the economy $7.29 billion, according to Statista.
December 2, 2019
Roku Inc has traded up 400% this year on streaming hype. The market’s enthusiasm leaves one otherwise-bullish analyst cautious. Morgan Stanley analyst Benjamin Swinburne downgraded Roku to Underweight and raised his price target from $100 to $110.
November 27, 2019
November 26, 2019
The Grayscale Bitcoin Trust
GBTC dropped another 1.4% on Monday and is now down 31.7% in the past three months. Bitcoin prices hit their lowest levels in six months on Monday, dipping below $7,000 before recovering to around $7,230 in early afternoon trading.
November 22, 2019
Tesla Inc TSLA and SpaceX CEO Elon Musk presented the Cybertruck, a much-anticipated all-electric pickup, on Thursday in what could be described as a clever marketing ploy.
November 21, 2019
Walmart Inc WMT EVP and head of Walmart U.S. Food Charles Redfield took a look back at the company’s produce business in a blog post and offered a vision what customers can expect next. Walmart set out on a mission a few years ago to focus on improving the quality of its fresh produce through a focus on locally grown foods and a broader organic selection, Redfield said.
November 20, 2019
The SPDR Gold Shares GLD, the world’s largest gold-backed exchange traded fund, is lower by 2.17% in the fourth quarter. Some of the air has come out of the gold trade as the dollar has remained peskily sturdy and as investors have gravitated toward riskier assets.
November 18, 2019
IPO Outlook For The Week: Sitime Corp, Alpine Income Property Trust Inc. , Software Acquisition Group Inc.
November 15, 2019
Sally Beauty Holdings, Inc. SBH has received a downgrade on Thursday. DA Davidson analyst Linda Bolton Weiser downgraded the company from Neutral to Underperform but raised her price target from $12.50 to $15.
November 12, 2019
Video game stock performance in the two months heading into the holidays has given investors about an even shot at gains and losses over the last decade, historical price data show. Unless you include Microsoft Corporation MSFT.
November 6, 2019
JPMorgan Chase & Co. JPM CEO Jamie Dimon spoke with CNBC’s Wilfred Frost in London on Tuesday. Here are some key highlights from the conversation. JPMorgan’s third-quarter report showed an 8% increase in revenue year-over-year, which makes it more difficult to win market share over the coming years, Dimon said.
November 4, 2019
Under Armour Inc UA reported third-quarter earnings of 23 cents per share Monday, which beat the analyst consensus estimate of 18 cents by 27.78%. This is a 8% decrease over earnings of 25 cents per share in the same period last year.
October 28, 2019
Beleaguered Chinese electric vehicle maker Nio Inc – ADR’s NIO cup of woes seem to be overflowing, with the latest setback being the resignation of its CFO. The company on Monday announced Louis Hsieh has offered to resign from the role of CFO, effective Oct. 30, citing personal reasons.
October 24, 2019
Hasbro, Inc. HAS shares traded lower by more than 15% Tuesday in reaction to a concerning earnings report, but CEO Brian Goldner said the toymaker is in a position to grow in the fourth quarter and beyond.
October 23, 2019
Video games is one of the fastest-growing forms of entertainment in the world and exchange traded funds, such as the Roundhill BITKRAFT Esports & Digital Entertainment ETF NERD, stand ready to satisfy investors’ appetites for that growth.
