Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images The Democrats have gained control of the White House, and Wall Street appears to be on board. Although President-elect Biden will have to grapple with the ongoing coronavirus
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The role of a financial advisor is very broad. In general, their job is to guide their clients through the confusing and sometimes overwhelming landscape of investing, tax, estate, and financial management. Ultimately, a financial advisor’s goal is to help each of their clients secure enough money to spend during their lifetime, and, in some
JFrog (FROG) just released its first quarterly earnings report as a publicly traded company. Mid-September, I wondered if this ”liquid software” play was demonstrating on impressive enough performance on the day it went public. Judging by the trading action since the public offering, investors have held good believe in the prospects for the company, yet
It’s been an incredible comeback year for iBio (NYSEAMERICAN:IBIO). Up until 2020, IBIO stock had a long and unfortunate run as a publicly traded investment. Shares dropped from a peak of $55 each in 2011 to as low as 5 cents last year. However, for the fledgling biotech and vaccine company, the novel coronavirus gave it
As a leading developer of renewable energy, NextEra Energy (NASDAQ:NEE) is poised to get a tremendous boost from Joe Biden’s apparent victory in the 2020 presidential election. As a result, I believe that more conservative investors looking for exposure to the solar sector should buy NEE stock. Source: madamF / Shutterstock.com In the 2020 campaign,
In the spring, British multinational oil and gas giant BP PLC (NYSE:BP) was teetering. Walloped by an oil price war, slammed by a precipitous drop in demand thanks to the novel coronavirus pandemic, then caught up in a stock market crash, BP stock fell off a cliff. Source: JuliusKielaitis / Shutterstock.com After a brief post-crash
Check out the companies making headlines before the bell: DR Horton – The homebuilder reported quarterly profit of $2.24 per share, beating the consensus estimate of $1.76, with revenue also above forecasts on an increase in closed sales and net orders. DR Horton also raised its dividend and issued an upbeat 2021 outlook. The shares
Gold vs. Platinum Amex Card: An Overview Let’s face it, there’s a secret pleasure attached to American Express “precious metal” cards, whether Gold or Platinum. Whether it’s from decades of tv brand advertising or simply because you know your boss carries one, you have decided to join the club because membership has its privileges. You
Vehicle rental company Hertz Global (OTCMKTS:HTZGQ) and Hertz stock is no longer traded on the New York Stock Exchange. On Oct. 29, Intercontinental Exchange (NYSE:ICE), which owns the NYSE announced, “the staff of NYSE Regulation has determined to suspend trading in the common stock of Hertz Global Holdings, Inc. (the “Company”) — ticker symbol HTZ —
Digital-medicine company Teladoc Health (NYSE:TDOC) has been one of the most high-profile healthcare companies of 2020. As a result, both buyers and sellers have furiously traded Teladoc stock, pushing the daily volumes to new highs this year. Source: Piotr Swat / Shutterstock.com In late October, Teladoc officially finalized its merger with applied health signals specialist Livongo
Animal lovers, unite! Zomedica Pharmaceuticals (NYSEMKT:ZOM), an under-the-radar play on the pet care space, is having an impressive time in the stock market today. In fact, one big catalyst has ZOM stock up more than 20% today. Source: Shutterstock So what exactly is Zomedica Pharmaceuticals? And what is that big catalyst? Starting with the first
Traders work the floor of the New York Stock Exchange. NYSE Company: F5 Networks, Inc. (FFIV) Business: F5 is a leading provider of multi-cloud application services that allow its customers to develop, deploy, operate, secure and govern applications in any architecture, from on-premises to public cloud. the Company’s Traffic Management Operating System (TMOS) based offerings
Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba shares are under pressure, amid concerns about tighter regulation of big tech firms by the Chinese government. The decline in Alibaba shares comes despite an upbeat start to the e-commerce giant’s annual “Singles Day” event, with more than $56 billion in orders
Investors leaned into the final trading day of the week with some energetic buying across sectors, driving the DJIA and S&P 500 up nearly 1.4% and the Nasdaq higher by 1%. We haven’t seen all three sectors rise together since Monday when good vaccine news lit up the market. The rally intensified into the close,
As the world’s second-largest economy with a middle class that’s still significantly expanding, China represents an investor’s dream market. Frankly, without the country, many companies would cease to exist because they were originally tied to now-matured sectors. But the allure of China is also its pitfall. As an investor, you must be careful to avoid
There’s simply so much to like about Tencent (OTCMKTS:TCEHY). And to some extent, the market gets that. But there’s still a longer-term opportunity for TCEHY stock. Source: StreetVJ / Shutterstock.com After all, it’s not as if investors aren’t paying attention to Tencent. Following yesterday’s third-quarter earnings report, Tencent currently has a market capitalization of about
Some folks won’t be old enough to recall a time when Kodak (NYSE:KODK) was known for selling non-digital cameras. In 2020, the year of the novel coronavirus pandemic, the company is radically different, and traders think of Kodak stock as a “coronavirus stock.” Source: Katherine Welles / Shutterstock.com When a company has been entrenched in one
Extinction Rebellion environmental activists protest around Bank Junction in the financial district on the 7th day of their ‘October Rising’ campaign on October 14, 2019 in London, England. Ollie Millington | Getty Images The Federal Reserve is going green, and that could mean a substantial change for the way financial institutions have to prepare for
Check out the companies making headlines before the bell: DraftKings (DKNG) – The mobile betting service reported a quarterly loss of 57 cents per share, smaller than the 61-cent loss that Wall Street had anticipated, while revenue was above analyst forecasts. DraftKings said it was helped by the resumption of activity by major sports leagues
When most people think about government help with retirement, they think about Social Security and Medicare. Since nine out of 10 retirees receive Social Security benefits and virtually all retired Americans age 65 or older are enrolled in Medicare, this is not surprising. Other government programs are also available, but many older citizens do not