Tesla’s much anticipated Battery Day certainly hasn’t done much to charge up its stock, but here’s why analysts still think the future is bright. …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Ines Ferre break down the market action for Carmax. …read more […]
U.S.-listed shares of BlackBerry, which sells security software to companies and governments as well as infotainment software to carmakers, rose 6% in early morning trade. BlackBerry’s QNX car software sales, which had been under pressure due to a pandemic-related weakness in the U.S. auto industry, also improved in the quarter. “Some signs of recovery in auto production point to sequential revenue growth and a return to a normal run rate for QNX by early next year,” Chief Executive John Chen said in a statement. …read more […]
Boston Fed President Eric Rosengren told Yahoo Finance that the Fed could use further quantitative easing to support the U.S. economy if needed. …read more […]
Today we will run through one way of estimating the intrinsic value of Dropbox, Inc. (NASDAQ:DBX) by estimating the… …read more […]
(Bloomberg) — Penn National Gaming Inc. is taking advantage of its nearly three-fold surge this year, helped by its minority interest in Barstool Sports, to sell 14 million shares of its stock.The offering, underwritten by Goldman Sachs, BofA Securities and JPMorgan, will start trading on Friday, according to a person familiar with the matter. The timing means there will be no price range governing the share sale. The offering, announced early Thursday, represents 11% of the company’s public float as of Aug. 31, according to data compiled by Bloomberg.Penn’s shares traded to a record high Tuesday after analysts at Morgan …read more […]
The internet has made it easier than ever to be an investor. There are pros and cons to this. The upside is that a record number of people have access to the markets. The downside is that a whole lot of people have no idea what they’re doing. And that can be costly… when they’re playing with real money.
This is where stock trading simulators can be beneficial. It’s the perfect way to test a trading strategy before finding out it doesn’t work and losing your shirt.
The stock market is inarguably one of the greatest wealth-creating machines humanity has ever seen. …read more […]
Despite an already strong run, JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares have been powering on, with a gain of… …read more […]
There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining… …read more […]
The domino effect applies to Wall street, too. Shares of Plug Power (PLUG) trended down on Wednesday along with its brethren in the renewable energy segment, seemingly after Tesla’s Battery Day failed to deliver the goods. Nevertheless, it is a minor setback in what has been a breakout year for the fuel cell pioneer. Shares are up by a magnificent 286% so far, driven by outstanding earnings beats and investors’ insatiable hunger for alternative energy stocks.However, the drop just goes to show how correlated stock market moves can be. As in tandem with the tilt to the downside, the company …read more […]
A look at the shareholders of Tortoise Acquisition Corp. (NYSE:SHLL) can tell us which group is most powerful… …read more […]
Top news and what to watch in the markets on Thursday, September 24, 2020. …read more […]
Arizona, Mississippi, Montana, New Jersey and South Dakota are letting voters decide on legal cannabis this year. That could give a big boost to the size of the legal US cannabis market. …read more […]
WATERLOO, ON, Sept. 24, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2020 (all figures in U. …read more […]
The big shareholder groups in American Airlines Group Inc. (NASDAQ:AAL) have power over the company. Insiders often… …read more […]
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