Year: 2020

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Trading Ideas

Virgin Galactic looks like newest cult stock as short sellers dig in

February 19, 2020 admin Comments Off on Virgin Galactic looks like newest cult stock as short sellers dig in

Wall Street’s newest cult stock appears to be Richard Branson’s Virgin Galactic Holdings Inc , as investors drive the space tourism stock to sky-high levels and short sellers dig in their heels. Virgin Galactic jumped 15% on Wednesday, adding to a rally that has seen the money-losing company surge over 300% since early December. “I’m calling it Tesla Junior because it’s showing all the signs of becoming a cult stock on the long and on the short side,” said Ihor Dusaniwsky, a managing director at S3 Partners, a financial analytics firm. …read more […]

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Trading Ideas

Slack Stock Has Tons of Upside After IBM Report

February 19, 2020 admin Comments Off on Slack Stock Has Tons of Upside After IBM Report

Slack stock was one of the more volatile stocks of 2019. This is one reason why investors aren’t ready to buy into its recent surge. However, a new IBM report and Slack response is giving the company a lot of upside moving forward.
Business Insider reported that IBM had purchased Slack accounts for all of its 350,000 global employees. This report sent Slack Technologies (NYSE: WORK) stock soaring 15% on the day.

Slack Stock and the Truth Behind the IBM Report
The surge makes for one of the best trading sessions since Slack’s IPO on June 20 of last year. After market closing, …read more […]

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Trading Ideas

Cruise cancellations double the normal average: Stifel

February 19, 2020 admin Comments Off on Cruise cancellations double the normal average: Stifel

Argus Research downgraded Royal Caribbean to hold, citing negative impacts to bookings as the coronavirus outbreak spreads. Stifel also published a note, warning cruise cancellations overall are now running close to 10%, which is about double the normal average. Yahoo Finance’s Jared Blikre, Brian Cheung, Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]

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Business News

Boeing, crash victims’ lawyers negotiate over access to 737 MAX documents

February 19, 2020 admin Comments Off on Boeing, crash victims’ lawyers negotiate over access to 737 MAX documents

Boeing Co and lawyers representing families of victims of a 737 MAX crash agreed in court on Wednesday to hold a conference call with U.S. government crash probe authorities over access to documents related to the now-grounded aircraft’s design, development and two fatal disasters involving it.

…read more […]

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News Feed

After Apple, Facebook, and Amazon – Who are the Next Trillion Dollar Tech Titans?  Exclusive Interview with The Bull Market Report’s Todd Shaver reveals his top stock picks

February 19, 2020 admin Comments Off on After Apple, Facebook, and Amazon – Who are the Next Trillion Dollar Tech Titans?  Exclusive Interview with The Bull Market Report’s Todd Shaver reveals his top stock picks

NEW YORK, February 19,  2020 — Wall Street Reporter, the trusted name in financial news since 1843, has published an exclusive interview with top-performing investment expert Todd Shaver, Editor of The Bull Market Report. Todd […]