Month: September 2020

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Global energy consumption growth averaged 2% per year for the last two decades. That growth was in lockstep with the growth of the global economy.
But in 2019, it slowed to 0.6%. And this year, COVID-19 is causing the global demand for energy to contract even more.
In the future, economic growth and energy demand will decouple. The economy will continue to chug along, but the demand for energy will slow.
For the next 15 years, annual energy demand growth will be 1% or less. And by 2035, we should see it peak.
Nowhere is that going to be more apparent than in the …read more […]

From the end of March through the end of August, stocks had a tremendous runup to record high levels. The gains completely wiped out the losses from the mid-winter ‘coronavirus collapse,’ and it looked like we were in for a sustained run of good days. But all of that changed as September rang in. The market hit a bump, and has been undergoing a correction. It’s at times like these that some comprehensive stock analysis is most helpful. TipRanks has the right tool for that job: the Smart Score, which analyzes 8 separate factors from the TipRanks database, all collected …read more […]

Analysts believe that investments Nike has made in its digital business since former tech CEO John Donahoe took the helm this year are just starting to pay off. …read more […]

Chief Executive Officer Elon Musk told shareholders on Tuesday Tesla has secured rights to 10,000 acres in Nevada where it aims to produce lithium from clay deposits using a process developed internally. The move would make Tesla the first company in the world to commercially produce the white metal from clay. In Nevada, Tesla plans to mix clay with table salt and then add water, which it says causes a reaction where the salt would leach out with lithium, which can then be extracted. …read more […]

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Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at NetApp’s dividend safety.
NetApp (Nasdaq: NTAP) is a cloud storage and data management company based in Silicon Valley. But unlike most tech companies, this one has a robust 4.5% dividend yield.
Can tech investors expect to continue to receive their $0.48 per share quarterly dividend?
A big red flag is that NetApp’s free cash flow is headed in the wrong direction. In 2019, it declined slightly to $1.17 billion from $1.33 billion the year before.
This year, free cash flow is projected to drop to $936 million, and then it’s expected to drop …read more […]

Stocks accelerated losses into the close Wednesday, erasing earlier gains and ending an advance that began on Tuesday. The S&P 500, Dow and Nasdaq each had their worst day in two weeks, with the S&P 500 sinking more than 2%, led by a drop in the energy and information technology sectors, to close at its lowest level since the end of July. The Nasdaq’s more than 3% decline brought the index down also to near a two-month low while the Dow fell to its lowest close since the beginning of August. …read more […]

(Bloomberg) — The hunt for renewable energy stocks sent one obscure firm soaring more than 4,000% in a single day, albeit with a tiny amount of shares on the market.SPI Energy Co. jumped after launching a unit, EdisonFuture, to design and develop electric vehicles and charging solutions Wednesday. The stock gained 1,237% to $14 per share Tuesday and triggered at least seven volatility trading halts over four hours.The company has about 14.8 million shares outstanding, along with a float of about 7.4 million, according to data compiled by Bloomberg. Trading volume Wednesday topped 300 million shares, nearly 700 times its …read more […]

First mover advantage is not to be sniffed at. However, history is littered with first movers being usurped by latecomers. Could vaccine specialist Vaxart (VXRT) join the list of late disruptors?The small-cap biotech is far behind its mostly bigger competitors in the development of a COVID-19 vaccine. Yet, after its investigational new drug (IND) application was approved by the FDA last week, Vaxart can finally proceed with the Phase 1 trial of its candidate, which is expected to kick off by the end of the month.H.C. Wainwright analyst Vernon Bernardino believes the biotech’s offering already boasts one significant differentiator to …read more […]

PPP is a better option than the Fed’s lending facility, Powell said. …read more […]

Investors are laser focused on the impact of the elections as President Trump’s odds of winning reelection continue to align with stock prices. …read more […]

Shares of Twitter jumped on Wednesday, outperforming the broader market, following an upgrade at Pivotal Research Group. The firm also boosted its price target on the stock to $36. The bullish call comes on optimism for advertising as live sports and events return and a potential subscription business. The Final Round panel discusses. …read more […]

Tesla’s lead in electric vehicle technologies has other automakers making desperate moves to catch up. …read more […]

Legal questions now loom after electric truck entrepreneur, Trevor Milton, stepped down Monday as executive chairman and board member of his newly public company Nikola. …read more […]