Heading into the 2020 election, incumbent President Donald Trump and former Vice President Joe Biden came in with very different policy plans when it came to energy. And that disparity has had companies like BP (NYSE:BP) awaiting the results with bated breath. As a vertically integrated organization operating in every area of the oil and
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Twilio (NASDAQ:TWLO) stock dropped in late October after the cloud communications giant reported third-quarter numbers that smashed consensus estimates, but also included a weaker-than-expected profit guide for the fourth quarter. Source: rafapress / Shutterstock.com Because Twilio stock has been so hot for so long — as of this writing, the stock is up 194% year-to-date
Luckin Coffee (OTMKTS:LKNCY) has been rising for almost no good reason. Since my last article on Luckin stock on Aug. 11, it has risen 96.6% from $2.34 to $4.60 on as of close on Tuesday. However, nothing has happened since then that warrants such an increase. Source: NewsToday / Shutterstock.com In fact, the only major
Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon told employees that they must have faith in the U.S. election process and patience to await a final determination. “While strong opinions and tremendous passion characterized this U.S. election,
U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, U.S., March 3, 2020. Kevin Lamarque | Reuters The Fed’s two-day meeting is expected to end
When a company is posting strong financials but the share price is expensive, investors have a tough decision to make. A case in point would be Pinterest (NYSE:PINS), which had an outstanding third quarter. The data is encouraging, but now PINS stock is relatively overbought. Source: Nopparat Khokthong / Shutterstock.com As we’ll see from the price
Editor’s note: “20 Election Stocks to Buy if Joe Biden Wins in 2020” was previously published in October 2020. It has since been updated to include the most relevant information available. Heading into the final weeks before the 2020 Presidential election, polls suggest that Joe Biden, a Democrat, has a slight lead over the Republican incumbent,
As the largest company in the world, Apple (NASDAQ:AAPL) isn’t the sort of company that you’d expect to have a big breakout in 2021. After all, it’s already so big and so huge that it takes a lot to move the needle on AAPL stock. But make no mistake. That’s exactly what will happen in 2021.
Take a look at some of the biggest movers in the premarket: Wayfair (W) – The online home decor retailer nearly tripled the consensus estimate of 80 cents per share, with quarterly profit of $2.30 per share. Revenue also came in above estimates, benefiting from strong demand in its category and an overall ongoing shift
A couple of weeks ago, I detailed how investors in streaming giant Netflix (NFLX) should focus on the big picture. The stock dropped despite a Q3 revenue beat, because not enough subscribers were added and the usual Euro bond revaluation tanked net income. Late last week, shares were caught up in a tech sector selloff,
It’s Election Day 2020. Naturally, the question on the top of everyone’s mind is: Who is going to win? President Donald Trump, or former Vice President Joe Biden? But, as investors, we are asking a slightly different question: Who is going to be better for the stock market? Trump or Biden? Source: chrisdorney / Shutterstock.com
Exxon Mobil Corp (NYSE:XOM) has made it very clear that it is committed to paying its existing dividend. As a result, XOM stock now has a very high dividend yield of 10.67% that offers great value to shareholders. Source: Jonathan Weiss / Shutterstock.com On Oct. 28, Exxon declared a quarterly dividend of 87 cents payable
Following the black-swan event that was the initial strike from the novel coronavirus, it was inevitable that airliners would eventually make their recovery. Though people will take precautionary measures for the greater good, it’s just not in the American spirit to shelter in fear indefinitely. Hence, the return of positive sentiment bodes well for General
Editor’s note: “20 Election Stocks to Buy if Donald Trump Wins in 2020” was previously published in October 2020. It has since been updated to include the most relevant information available. When it comes to the topic of election stocks to buy, I have generally suggested that you should consider companies that will do well
The Nasdaq has been the leader among the indices out of the novel coronavirus pandemic crash. It’s up an impressive 26% year-to-date. But the recent heroes on Wall Street are comeback sectors like the solar stocks. Consensus is that First Solar (NASDAQ:FSLR) is the cream of the crop, much like Canopy Growth (NYSE:CGC) is to
Securities and Exchange Commission Chairman Jay Clayton is telling corporate America it needs to get much more vigilant on security. In an interview Monday on CNBC’s “Power Lunch,” stressed that significant cybersecurity threats remain, despite the ongoing coronavirus pandemic and election season. “Cyber risks have not gone away with the unfortunate, unforeseen risks we’ve faced with
Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Alibaba — Shares dropped more than 5% after Ant Group’s record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly
In investing, as in life, a lot can change in ten years. As a result it can be tricky to predict what stocks to sell as certain sectors become less popular. An investor need only look backward to see how true that is. At the moment the six most valuable companies in the world are
Some of Robinhood’s wealth, flush with cash from three rounds of fund raising this year, seems to be rubbing off on investors trading on the platform. In June, Goldman Sachs reported that “amateurs’ favorite stocks are beating hedge fund picks.” Two months later, Adam Sender’s volatility hedge fund was reported to have returned 30% partly via
Fisker Motors (NYSE:FSR) has completed its merger with Spartan Energy Acquisition, a special purpose acquisition company (SPAC), and begun trading on the New York Stock Exchange. Source: Eric Broder Van Dyke / Shutterstock.com It’s just one of the slew of SPACs that have helped the NYSE gain on the NASDAQ, as the Financial Times noted