A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of positive vaccine announcements. Shares of
Month: November 2020
An investor is issued a share certificate, also known as a stock certificate, when they buy shares of a publicly-traded company. The share certificate serves as a receipt for the stock purchase. The certificate includes important details about the investor’s stock ownership such as the number of shares purchased. But exactly how important is it
Even as the novel coronavirus shook the financial services industry, Wells Fargo (NYSE:WFC) watched its market fortunes plummet like a bank vault dropped from a bomber. WFC stock lost almost half its value between late February and late March, a trajectory mirrored throughout the banking sector. Source: Martina Badini / Shutterstock.com But if you think
As the race to dominate meat substitutes heats up, plant-based stocks are becoming an investor favorite. There are a couple of reasons for this increasing interest in plant-based meat. One, demand for meat and dairy substitutes is on the rise due to increasing health concerns over animal welfare and the environment. Second, the novel coronavirus
Is Salesforce (NYSE:CRM) buying Slack (NYSE:WORK)? Turns out, that is a question that many investors want answers to on Wednesday. After a Wall Street Journal report broke, rumor has it that may be true. But what would it mean for WORK stock? And what do we actually know now? Source: Sundry Photography / Shutterstock.com With
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters Check out the companies making headlines in midday trading. Moderna — The drugmaker’s stock jumped 11% after AstraZeneca’s CEO said the
Impact investing is a major topic on investors’ radar screen, boasting huge growth, and widespread acceptance among those seeking to align their portfolios with their personal values. But impact investing has always been more than a fad. Key Takeaways Socially responsible investing’s origins in the United States began in the 18th century with Methodism, a
With a new administration comes stocks to sell, but just when you thought the drama involving the 2020 election was over, Fox News revealed a startling story. Recently, two Los Angeles men were arrested after attempting to submit 8,000 ballot applications in place of nonexistent or deceased U.S. citizens. The effort involved fraudulently attempting to
Canadian stocks will be getting a boost on the news that Joe Biden is the United States’ President-elect. U.S.-Canada relations have been strained during Trump’s term as U.S. President. That much is clear. The U.S. and Canada share a long border, many cultural values and many of the same views in general. Yet, it would
I hope you and yours had a happy and healthy Thanksgiving. Source: Shutterstock I know it was different and even difficult for a lot of folks this year, but I do hope you have been able to find things in your life for which you are thankful. I am thankful for many things … especially
Traders work the floor of the New York Stock Exchange. NYSE Stocks next week will come off one of their best months ever into a busy week of economic data and the ongoing tensions between the spreading virus and positive news on vaccines and treatments. Another highlight of the week is expected to be Tuesday’s
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade. As such, the Nasdaq won’t allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered. The Nasdaq has four sets of listing requirements. Each company must meet
There has been quite a shift in the energy markets, even before the pandemic turned the world upside down. As such, there are plenty of reasons to avoid energy stocks that just aren’t what they used to be. In 2019, oil hit nearly $63 a barrel. But it had been on a long downward trend
Right before we rang in 2020, Novavax (NASDAQ:NVAX) found its equity units trading for just under $4. Fast-forward a few months into the novel coronavirus pandemic and NVAX stock was screaming toward the $200 level. Source: Ascannio/Shutterstock.com Of course, it didn’t quite get there. However, if you had gambled on shares at the beginning of
After ripping past $25 per share without skipping a beat, could Switchback Energy (NYSE:SBE) stock soar up to $50 per share? Given the extreme enthusiasm behind this name, it’s possible in the near-term. Source: Michael Vi / Shutterstock.com This SPAC (blank-check company) is just weeks away from completing its merger with EV infrastructure company ChargePoint.
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than
Rules for Roth IRAs You can contribute to a traditional individual retirement account (IRA) no matter how high your income. There are income limits, though, for contributing to Roth IRA accounts. Money saved in Roth retirement accounts is post-tax income. That is, income taxes are owed for the year in which the money is paid
If this month’s earth-shattering vaccine news from Pfizer (NYSE:PFE) has you thinking about buying the stock because it’s destined for monster gains – think again. PFE stock is not a growth play. Source: Manuel Esteban / Shutterstock.com It’s a cash-flow vehicle. But don’t take my word for it. Let the market be your guide. The
Perhaps the most powerful representation of the novel coronavirus pandemic’s destructiveness came from the oil market. Earlier this year, prices for barrels of crude dipped into negative territory – it made more sense to pay not to take delivery, which of course made no sense at all. Therefore, it’s no surprise that Exxon Mobil (NYSE:XOM)
Boeing (NYSE:BA) received good news on Nov. 18 from the Federal Aviation Administration (FAA). And this update has provided a recent jump in Boeing stock. Source: Alex JW Robinson / Shutterstock.com Subject to final approval the FAA published an Airworthiness Directive that paves the way for the 737 Max jetliner to return to commercial service. That
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