When I planned this Palantir (NYSE:PLTR) write up last week, I wanted it to be a clear buy recommendation. The bad news is that PLTR stock took off like a rocket into space. That’s good news for those long it already. But for new buyers, it’s not a good idea to chase a stock after
Month: November 2020
Ben Silbermann, co-founder and chief executive officer of Pinterest Tomohiro Ohsumi | Bloomberg | Getty Images The U.S. Presidential election is only days away, and Wall Street is bracing for market turbulence. However, given the lingering uncertainty, it’s unclear whether market volatility could persist post-election. “Time will tell if expected volatility turns into realized market
A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images Third quarter GDP is expected to grow at a sharp double digit pace, but the economy is still behind where it was earlier in the year and may
I am a sucker for reading new books. But I will admit, I was a bit skeptical when I heard Fareed Zakaria was coming out with a new volume, Ten Lessons for a Post-Pandemic World, when we aren’t out of the woods as of yet. The novel coronavirus pandemic is an unprecedented event in the history
Plant an App is a Romania-based startup that operates a low-code platform. To boost growth, the company is also raising money on the Republic equity crowdfunding site. The minimum investment needed to buy Plant an App stock on the website is only $150. Source: Shutterstock The founder and CEO of the company is Bogdan Litescu.
Since reaching a peak in September, HYLN stock has tumbled 62% as allegations of fraud have circled its electric vehicle (EV) competitors. Now that it’s trading around $20, does Hyliion (NYSE:HLYN) stock represent a fantastic entry point into an innovative company? Or is it yet another fraud on a slow deathmarch to zero? Source: Shutterstock
Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron reported its second straight quarter of losses on Friday after revenue during the third quarter fell 32% year over year as Covid-19 continues to hammer the industry. Amid declining oil prices Chevron said it implemented aggressive cost-cutting measures. The oil giant lost $207 million during
Take a look at some of the biggest movers in the premarket: Comcast (CMCSA) – The NBCUniversal and CNBC parent reported quarterly profit of 65 cents per share, 13 cents a share above estimates. Revenue beat forecasts as well. Comcast added 663,000 broadband customers during the quarter, and said its Peacock streaming service signups had