Biocept, Inc. (NASDAQ:BIOC) shareholders will have a reason to smile today, with the analysts making substantial… …read more […]
We’re never going back to where we were before with China, simply because the Chinese economy has nearly caught up with ours. …read more […]
Market forces rained on the parade of Athersys, Inc. (NASDAQ:ATHX) shareholders today, when the analysts downgraded… …read more […]
(Bloomberg) — Ray Dalio believes global markets are at a “very special moment,” with China on the rise and the relative power of the U.S. facing challenges.The billionaire founder of Bridgewater Associates said in his video message to the Caixin Summit on Saturday that China’s development is making the country more competitive in luring global capital.“Simultaneously there’s the rapid development of the Chinese capital markets, the opening up of the markets to foreign investors, the relative attractiveness of them, and the underweightedness of global investors in them,” he said. “This is happening when the fundamentals of the U.S. and U.S. …read more […]
With the news headlines saturated by so many heavy impact events, it has almost been forgotten that the earnings season is not over yet.Next week will see one of 2020’s star performers step up to the plate. Nvidia (NVDA) will report quarterly results on Wednesday, November 18, and avid Street watchers will be keen to find out if the semiconductor giant hit another home run.So far, Nvidia has had an excellent 2020. The company has been a prime beneficiary of Covid-19 driven secular trends such as gaming and data center, Nvidia’s main bread winners.Overall, Deutsche Bank analyst Ross Seymore anticipates …read more […]
It’s a mixed start to the day for the majors. A Bitcoin move through to $16,500 levels would support the broader market. …read more […]
China’s post-pandemic economic recovery got further confirmation on Wednesday. Shaking off any loosely hanging Covid-19 shackles, Alibaba’s (BABA) 11.11 shopping festival proved to be another roaring success.Boosted by a first-time extra sales window between November 1-3, the annual Double 11 shopping extravaganza hauled in gross merchandise value of ¥498 billion (~$74 billion), amounting to 26% year-over-year growth, in line with the 26% uptick of 2019.The event drew in 800 million participants, and Alibaba said that during peak activity, the platform was processing 583,000 orders per second. Overall, there were 250,000 brands selling discounted goods, including 31,000 overseas brands.RBC analyst Mark …read more […]
While the Nikola (NKLA) story will probably go down as only an anecdote in 2020’s book of earth-shattering developments, it will still make for an interesting chapter.There have been plenty of twists and turns already and the latest development has Nikola pivoting back to its original plan. At least that is what J.P. Morgan analyst Paul Coster thinks.Prior to founder Trevor Milton’s departure, Nikola was meant to close a deal with General Motors. But the auto giant still hasn’t signed on the dotted line, and it is still unclear whether GM will throw its weight behind the development of the …read more […]
Nio Inc’s (NYSE: NIO) scintillating rally came to a screeching halt Friday after short seller Citron Research spoiled the party by suggesting the EV maker’s astronomical valuation becomes unjustifiable.Nio’s Rally and The Hard Fall: Nio’s stock, which ended 2019 at $4.02, began to turn the corner along with the post-COVID recovery in deliveries. The rally picked up steam amid the company’s conscientious efforts to innovate, cut the flab and work further on its service-focused approach.Ahead of Friday’s session, the stock was up about 1,100% compared to Tesla Inc’s (NASDAQ: TSLA) 392% advance.Nio started Friday’s session on a strong note, thanks …read more […]
I’ve been using Charles Schwab for many years now and I’ve set up a few separate accounts within its platform. So, I can give a hands-on Charles Schwab review. It’s a popular brokerage and I’ve seen it adapt over the years.
Overall, it remains a top choice for good reasons. One big draw to it is that it’s a comprehensive platform. It offers savings, checking and a wide range of investment services. This makes it a one-stop-shop for all your financial needs. And competition is high in the space but Schwab continues to adapt.
To start this review, let’s look at some …read more […]
Loreen Gilbert, WealthWise Financial CEO, joined Yahoo Finance Live to discuss her market outlook, sectors of the market she’s watching, and what she’s expecting out from the holiday shopping season. …read more […]
(Bloomberg) — Electric vehicle startups extended their winning streak on Friday, buoyed by strong earnings results from some of their peers and Joe Biden’s presidential win.ElectraMeccanica Vehicles Corp., Nikola Corp. and Lordstown Motors Corp. all surged higher, while Tesla Inc., the established front-runner in the space, sat out the rally. Nio Inc., whose shares rose sharply earlier in the day, eversed their gains to fall as much as 16%, after Citron Research said it was “time for investors to rotate out” of the stock.The strongest gains came from Vancouver-based ElectraMeccanica, which is developing a three-wheeled electric vehicle. Its shares have …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
