Year: 2020

Cytosorbents Corporation (NASDAQ:CTSO) is possibly approaching a major achievement in its business, so we would like… …read more […]

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The NL Industries, Inc. (NYSE:NL) share price has done very well over the last month, posting an excellent gain of… …read more […]

It is a pleasure to report that the Checkpoint Therapeutics, Inc. (NASDAQ:CKPT) is up 57% in the last quarter. But… …read more […]

It’s not a stretch to say that Caterpillar Inc.’s (NYSE:CAT) price-to-earnings (or “P/E”) ratio of 20.2x right now… …read more […]

The 11th annual Gaming & Lodging Conference from Bank of America hosted ten companies. A look at the highlights from DraftKings Inc (NASDAQ: DKNG), Penn National Gaming (NASDAQ: PENN), and Hilton Worldwide Holdings Inc (NYSE: HLT).Bank of America analyst Sarah C. Kelley shared takeaways from the conference on three companies.DraftKings: The resumption of the major sports has been a big catalyst for DraftKings. Kelley notes DraftKings comments had a “very strong opening weekend with the NFL season.”DraftKings also noted how newer markets are strong and New Jersey is seeing huge strength.”Management still thinks this fall will present unique customer acquisition …read more […]

The US rotary rig count rose this past week. …read more […]

President Trump recently claimed a vaccine will be available within a few weeks, but Dr. Ezekiel Emanuel stressed that Trump’s claims are only wishful thinking. …read more […]

An Opendoor IPO is coming. Announced Tuesday, the leading online real estate buyer is going public via acquisition. It will bring Opendoor stock to the market in a direct listing.
But is Opendoor a good investment opportunity? Here’s what we know…
Opendoor IPO: The Business

Founded in 2014, Opendoor is an iBuyer, and it was the first of its kind. iBuyers are real estate companies that buy and sell through technology. Similar companies include Zillow, Offerpad and Redfin. The goal of these companies is to make the real estate market easier to navigate.
Founder and CEO Eric Wu said:
“We founded Opendoor to make it …read more […]

(Bloomberg) — Option traders are tempering bets that volatility will spike in the stock market immediately after the U.S. election. Instead, they’re boosting wagers that price swings will stay elevated at least one month after the vote, according to strategists at Goldman Sachs Group Inc.Options on the S&P 500 pointed to a 2.8% move on Nov. 4, the day after the presidential vote, down from an implied 3.2% swing seen in August, according to the bank’s analysis. What’s also shifting is the curve in futures tied to the CBOE Volatility Index. Specifically, VIX’s November contracts, which refer to volatility during …read more […]

Netflix is facing serious backlash following the release of the French coming-of-age film “Cuties” — and new data suggests it could be leading to cancellations on the platform. …read more […]

The Trump-TikTok saga touches on nearly every hot-button issue of our time. …read more […]

The U.S. Justice Department said on Friday it approved Anheuser-Busch’s plan to buy the shares of Craft Brew Alliance that it does not already own. The $220 million deal, which was announced in November, was approved on condition the companies sell Craft Brew Alliance’s Kona brand beer. The Portland-based CBA’s other brands include Appalachian Mountain Brewery, Cisco Brewers, Redhook Brewery and Widmer Brothers Brewing. …read more […]

Investors are gearing up for the year’s record-breaking pace of corporate bond issuance to continue in the coming week, even after the U.S. Federal Reserve rattled nerves at its September meeting with a gloomier-than-expected economic outlook. “I would expect next week to be similar,” said Monica Erickson, portfolio manager, global developed credit, at DoubleLine. The breakneck pace of fresh issuance illustrates how the Fed’s late March pledge to backstop credit markets and its policy of holding interest rates near zero have spurred borrowing by corporations this year. …read more […]

Tesla (TSLA) is planning its battery day for Sept. 22, and analysts and investors are looking forward to hearing what new developments the company has on it. The big topic of conversation lately has been a million-mile battery, but it may be too early for that technology. UBS analyst Patrick Hummel outlined in a report today […] …read more […]