Month: October 2020

Hertz (NYSE:HTZ) is one of many companies that have seen their business torpedoed by the novel coronavirus pandemic. HTZ stock is in worse shape than most, though. Source: aureliefrance / Shutterstock.com The company was weakened heading into the pandemic, saddled with debt and struggling against competition — including ride sharing. HTZ stock was already in serious
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Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings:  93 cents a share, a 55% decline from a year earlier, according to Refinitiv. Revenue: $17.2 billion,
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The Disney+ (Plus) logo is seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media giant advanced more than 4% after the company announced a major reorganization that will make streaming a “primary focus.” To accelerate its direct-to-consumer
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When it comes to the burgeoning luxury EV market, Tesla (NASDAQ:TSLA) gets all the love on Wall Street — and reasonably so. Elon Musk and company pioneered the space, dominate the space and continue to make the market’s best and most desirable vehicles. But in this market traditionally dominated by Tesla, it’s time to start
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Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 15% during premarket trading on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million
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Hey everybody, Dave Bartosiak here with Trending Stocks. Big data is a big deal. Nowadays, everything we do is tracked, stored, analyzed and used to make decisions. The most infamous examples of this are tech giants Facebook and Google. Well, a new big data, big brother, big paranoia for the tin hat wearing crowd has
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Federal direct loans have become one of the most popular types of student loans in the U.S. for several reasons. They offer flexible repayment options, a convenient application method, and generous terms for both eligibility and allowable expenses. Understand the Limitations of Federal Direct Loans Despite these benefits, these loans have some limitations borrowers should
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Landcadia Holdings’ (NASDAQ:LCA) merger with Golden Nugget Online Gaming provides an attractive entry into the booming online market, at a price significantly lower than its peers’ valuations. As a result, LCA stock is up roughly 49% this year. Source: 9dream studio / Shutterstock.com Golden Nugget is among the two pure plays in the online gaming industry,
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CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome. “I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough
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People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 5, 2020 in New York City. Angela Weiss | AFP | Getty Images Stock market bulls, rejoice.  Third quarter earnings season begins Tuesday with JPMorgan Chase.  The good news: in the second quarter, companies delivered surprisingly large earnings beats as analysts underestimated
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The old guard brick-and-mortar retail industry is under duress. In the first half of 2020, 18 retailers filed for Chapter 11 bankruptcy protection while the number of store closures hit another record. All the while, Walmart (NYSE:WMT) is thriving. WMT stock is up 18.55% year-to-date, topping the S&P Retail Select Industry Index by 300 basis
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An animation shows Dream Chaser and its Shooting Star cargo module in orbit around the Earth. Sierra Nevada Corporation Sierra Nevada Corporation is best known as a private aerospace and national security contractor – but the company is investing heavily in its space systems division, especially as it sees NASA and other companies building infrastructure
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