With the novel coronavirus pandemic, many healthcare stocks came under pressure last year. This was especially the case for those organizations that provided discretionary procedures or therapies. And while things should get much better this year, the industry is facing something else: a change in federal leadership. The Biden Administration is likely to be more
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When inflation rears its head, the first thing analysts do is rush to buy Caterpillar (NYSE:CAT). Source: Shutterstock Caterpillar makes big trucks, excavators, and other industrial machines. Inflation makes the things its machines move more valuable, so companies buy more those machines. Analysts recommend CAT stock. That’s how it’s supposed to work. Sure enough, just
Out of the innovations that have sprouted in recent years, lidar arguably offers the most profound change for our society. Over time, the platform can pave the way for true transportation autonomy, a realm that previously only existed in science fiction. And Luminar Technologies (NASDAQ:LAZR) has made impressive progressive in this arena, driving up interest
On today’s show, Jack Mallers talks to us about all the breakthroughs with the Bitcoin lightning network and how it will disrupt the payment clearing houses. Also Jack talks about his company Strike & how it’s allowing NFL superstar Russell Okung to receive half his salary in Bitcoin. IN THIS EPISODE, YOU’LL LEARN: – Why
An 8500 series oil rig ENSCO Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing. The rigs are in the Port of Brownsville, near SpaceX’s Starship development facility in Boca Chica, Texas. The rigs have been
U.S. President-elect Joe Biden speaks about his plan to administer coronavirus disease (COVID-19) vaccines to the U.S. population during a news conference at Biden’s transition headquarters in Wilmington, Delaware, January 15, 2021. Kevin Lamarque | Reuters The Biden agenda is expected to result in a faster-growing economy, a stronger stock market and higher interest rates
“America is an idea … It instills in every person in this country the belief that no matter where you start in life, there’s nothing you can’t achieve if you work at it.” Joseph R. Biden, April 25, 2019 On Jan. 20, 2021, Joseph Robinette Biden Jr., known to most people as Joe Biden or
FuboTV’s (NYSE:FUBO) value for most consumers is questionable, making the longer-term outlook of FUBO stock appear to be negative. Source: Lori Butcher/ShutterStock.com fuboTV has two main problems. First, it does not appear to be meaningfully cheaper than traditional paid TV options, including cable satellite, and Fios from Verizon (NYSE:VZ) or Frontier (OTC:FTRCQ). Secondly, Fubo’s biggest
Carrying the momentum of the special purpose acquisition company (SPAC) into 2021, Newborn Acquisition Corp. (NASDAQ:NBAC) is the latest such vehicle to draw considerable investor interest. Assuming the merger goes through, Newborn will become Nuvve Corporation, an innovative firm that specializes in vehicle-to-grid (V2G) technology that can potentially bring electric vehicles (EVs) into the mainstream.
Back in 2011, Morgan Stanley’s head auto analyst Adam Jonas made a bold call which made many other analysts on Wall Street chuckle. He said that the nascent and largely unproven electric vehicle market – which, at the time, accounted for less than 0.1% of global passenger car sales – was going to explode higher
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appreciation. But they’re not looking for just any dividend stocks. Income investors typically want to buy high-yielding, reliable stocks. And while the dividend yield is certainly an important consideration, investors can also
Janet Yellen’s journey to become the first female Treasury secretary in U.S. history moved smoothly through a critical Senate hearing Tuesday, with a vote on her confirmation likely to happen before the end of the week. An audience of mostly friendly legislators questioned Yellen across a variety of topics, from taxation to China to climate
A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell: Netflix — Shares of the media streaming giant soared more than 10% in extended trading after the company reported strong subscriber growth and said it’s considering
According to general equilibrium models in contemporary macroeconomics, expansionary fiscal policy could cause crowding out of private activity in the credit market. This argument also flows the other way: Contractionary policy could allow for increased private activity in the credit market. This phenomenon is sometimes referred to in the literature as “crowding in.” Understanding Contractionary Fiscal
After a late-session dip on Thursday, equity markets struggled in early Friday trading ahead of the long holiday weekend, as the U.S. stock market was closed on Monday. Let’s look at a few top stock trades ahead of next week. Top Stock Trades for Tuesday No. 1: Nio (NIO) Nio (NYSE:NIO) has had a busy
With the outlook of QuantumScape’s (NYSE:QS) batteries becoming more uncertain and risky, I recommend that investors sell QS stock. At their current levels, the shares have a negative risk-reward ratio. Source: Shutterstock The company is developing solid-state batteries for use in electric vehicles. Currently, most EVs use lithium-ion batteries. In the last few weeks, an
After showing a triple-digit return in 2020, is it reasonable to expect even more gains from PayPal (NASDAQ:PYPL) in 2021? Where is the top for PayPal stock? Source: JHVEPhoto / Shutterstock.com The payments processor had a huge year last year, giving investors a 115% return as the novel coronavirus accelerated the trend of online retail
In September 2020, ChargePoint, a privately-held electric vehicle (EV) charging network group, and Switchback Energy Acquisition (NYSE:SBE) ,a publicly-traded special purpose acquisition company (SPAC), announced their upcoming reverse merger. Since then, SBE stock has been been on fire. Source: Michael Vi / Shutterstock.com On Sept. 24, the day of the merger announcement, SBE stock opened at
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported fourth-quarter earnings before the opening bell on Tuesday. Here are the numbers: Earnings: $12.08 a share, vs. $7.47 per share expected, according to Refinitiv.Revenue: $11.74 billion, vs. $9.9 billion estimate. Expectations
There are multiple ways to define the popularity of companies. Market capitalization measures the market value of a publicly traded company and is a proxy for popularity. Major auto manufacturers can be ranked by revenue or unit sales, both of which are published in quarterly and annual reports. Volkswagen Volkswagen AG, founded in 1937, is