Most of us are curious about the unknown. And there’s no greater mystery than the universe aside from our planet. Fundamentally, then, I can appreciate why the interest in Virgin Galactic (NYSE:SPCE) is sky-high. Moreover, I also get why many investors have decided to speculate on SPCE stock. Source: Tun Pichitanon / Shutterstock.com Frankly, only
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Over the past two months — on the heels of an apocalyptic post-earnings wipeout — I’ve been saying time and time again that Alteryx (NASDAQ:AYX) isn’t just a great buy, but one of the best stocks to buy in the whole market for the fourth quarter of 2020! That’s based on the idea that management’s
Virgin Galactic’s First Spaceflight on Dec. 13, 2018 Source: Virgin Galactic Space tourism venture Virgin Galactic on Wednesday said it remains on track to conduct its next test spaceflight in the coming weeks. “We expect our first spaceflight from Spaceport America to occur later this fall and we are pleased to confirm that we are
Many of the seats aboard a United Airlines flight sit empty on May 11, 2020 in flight to Houston, Texas from San Francisco. Justin Sullivan | Getty Images Check out the companies making headlines after hours on Wednesday: United Airlines — Shares of United Airlines fell more than 1% after the company reported a bigger-than-expected
Over the years, technicians have found two problems with the simple moving average. The first problem lies in the time frame of the moving average (MA). Most technical analysts believe that price action, the opening or closing stock price, is not enough on which to depend for properly predicting buy or sell signals of the
When it comes to a socially-distanced 2020, investors haven’t embraced AT&T (NYSE:T). But is now a good time to reconnect with a doggish AT&T stock? Let’s look at some of what is happening off and on the price chart to reach a more balanced, risk-adjusted determination. Source: Jonathan Weiss/Shutterstock Out the gate this week for
Given everything that’s happened in the petroleum market, I suppose we should congratulate shale oil and natural gas producer Occidental Petroleum (NYSE:OXY) for limping into the fourth quarter of 2020 without officially declaring bankruptcy. In light of this, we can score one point for OXY stock holders. Source: Pavel Kapysh / Shutterstock.com That, however, is
It’s no surprise that airline stocks have been hammered in 2020. The novel coronavirus pandemic brought air traffic to a halt and led to tens of billions of dollars in losses. But even by the standards of the struggling sector, the selling pressure on Spirit Airlines (NYSE:SAVE) stock stands out. Source: Markus Mainka / Shutterstock.com
Billionaire investor Ron Baron, who says his stake in Tesla has made his firm 10 times its original investment, told CNBC on Wednesday that he expects similar growth from Elon Musk’s space company. “SpaceX I think has a chance to be just as large as Tesla,” Baron said on CNBC’s “Squawk Box.” Baron’s investment firm holds
A pedestrian wearing a protective mask exits from the Wall Street subway station in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images Wall Street is getting bulled up on earnings, and that is highlighting the divide it has with Main Street. Earnings season is two days old, and already
A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Check out the companies making headlines midday on Wednesday: Wells Fargo — Wells Fargo shares dropped 5% after the banking giant reported a weaker-than-expected
Stock market bargain hunters keep seeing Occidental Petroleum (NYSE:OXY) pop up on their radar. As savvy investors know, a company’s stock may deserve to be cheap, and price alone does not make it a good investment. This is the case with OXY stock. Source: Pavel Kapysh / Shutterstock.com All the boxes to identify a bad
A lot of promising companies have burst onto Wall Street’s scene over the past few months via reverse mergers with special purpose acquisitions companies (SPACs), but few have made as flashy of a debut as electric trucking company Hyliion (NASDAQ:HYLN) stock, which went public through blank-check company Tortoise Acquisition Corp. Source: Shutterstock When this merger
BlackRock Chairman and CEO Larry Fink told CNBC on Tuesday he thinks the stock market can continue to move higher, adding to the strong rebound in recent months after the coronavirus-driven sell-off earlier this year. “I believe we still have more to go on the upside even in front of probably rising infection rates with Covid-19,” Fink said
Check out the companies making headlines before the bell: Johnson & Johnson (JNJ) – The medical-device and drug maker reported adjusted quarterly earnings of $2.20 per share, beating the consensus estimate of $1.98, with revenue also coming in above consensus. Johnson & Johnson said a faster-than-expected recovery in procedures using its medical devices was among
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46.1 The latest reading of the New York City Recovery Index out of a possible score of 100. Editor’s note: Below you’ll find the week 10 release of the NYC Recovery Index, originally published Oct 5, 2020. Visit the NYC Recovery index homepage for the latest data. As New York City braces itself for a potential second
It started off as another strong day for stocks on Tuesday. However, selling pressure eventually caught up with the indices and we got a slight dip on the day. With all of that in mind, let’s look at a few top stock trades — starting with the biggest of them all. Top Stock Trades for
MFA Financial (NYSE:MFA) is a real estate investment trust (“REIT”) that has had a rough year. To date, MFA stock is down more than 62% as of Oct. 9, but it is likely to have a significant turnaround. Source: Shutterstock I suspect that the REIT has reached an inflection point in its finances and is
Hertz (NYSE:HTZ) is one of many companies that have seen their business torpedoed by the novel coronavirus pandemic. HTZ stock is in worse shape than most, though. Source: aureliefrance / Shutterstock.com The company was weakened heading into the pandemic, saddled with debt and struggling against competition — including ride sharing. HTZ stock was already in serious