In this article PLNT REGN W VIAC MRNA BKNG Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share,
Tesla (NASDAQ:TSLA) has replaced Meta Platforms (NASDAQ:FB) in the $1 trillion stock club. Elon Musk is now the world’s wealthiest man, worth over $300 billion. Source: Shutterstock It seems impossible, but Tesla shares are up just over 70% in three months. While it now has roughly half the entire auto industry’s market capitalization, Tesla still
The only question left regarding Uber Technologies (NYSE:UBER) stock is: where’s the bottom? Source: NYCStock / Shutterstock.com At around $45.70 per share, the ride-hailing and food delivery company’s stock is well down from its 52-week high of $64.05. UBER stock has fallen 14% in the past six months, and the share price is now up
In the world of cryptocurrencies, any rally in Bitcoin (CCC:BTC-USD) is followed by upside in altcoins. Things seem similar for electric vehicle stocks where Tesla (NASDAQ:TSLA) is comparable to Bitcoin. With TSLA stock surging to all-time highs, it’s not long before other electric vehicle stocks follow. Nio (NYSE:NIO) is often referred to as the Tesla
Zillow’s ZG, +3.60% experiment in home-flipping has blown up in its face — and the company is blaming the “unpredictability” of home prices. Now, some are asking about the reliability of the company’s so-called Zestimates, which provides an estimate of a home’s value based on a proprietary formula. Zillow says a Zestimate is published for around
(Click here to subscribe to the Delivering Alpha newsletter.) While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges. Eileen Murray is the chairperson at the Financial Industry Regulatory Authority and
Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images After a disastrous 2020, when many corporations were forced to cut dividends, these payments to shareholders have been rising for the last several quarters. The dollar value of dividends paid
Legal immigrants who meet the Social Security Administration (SSA) requirements for work credits—or who earned the equivalent of Social Security credits through their work history in their previous country—can receive benefits in the U.S. Social Security benefits include payments to qualified retirees or those with disabilities and survivor benefits for the spouse and children of
Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
When Chief Executive Officer Mark Zuckerberg announced Meta (NASDAQ:FB) as the new name for Facebook, it validated Roblox’s (NYSE:RBLX) business model. RBLX stock closed at $78.36 on Nov. 11, up 13% year-to-date. Source: Miguel Lagoa / Shutterstock.com The prospects of a metaverse are very real. Virtual worlds have been around for many years. Companies also
Peloton Interactive (NASDAQ:PTON) was a pandemic favorite. With gyms shut down and people stuck at home, they snapped up Peloton’s pricey internet-connected exercise bikes and treadmills. But in the spring, with gyms reopening and the outdoors beckoning, sales quickly dropped off. Then things got even worse for PTON stock. Source: JHVEPhoto / Shutterstock.com It put
AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide. Source: Helen89 / Shutterstock.com On Nov. 1,
The U.S. has surpassed 750,000 deaths due to COVID-19. According to data from Johns Hopkins University, the coronavirus has killed 750,410 Americans since the pandemic began in early 2020, as of Wednesday night. More than 46.2 million Americans have been infected with the virus. The U.S. leads the world in both of those figures, by
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
Chase has increased the value you can get on certain redemptions with its Ultimate Rewards credit cards. For most cards, users will get up to 50% more value on Apple redemptions, but Freedom cardholders can also receive better redemption value on select gift cards and certain Pay Yourself Back categories. The promotions are available for
In this article NYT CVS HUM CPRI TUP NCLH Check out the companies making headlines before the bell: New York Times (NYT) – The newspaper publisher’s shares jumped 3.9% in the premarket after it beat estimates by 3 cents with an adjusted quarterly profit of 23 cents per share. Revenue also beat estimates amid rising
Investors in Chinese electric vehicle (EV) group Nio (NYSE:NIO) stock have not had a good year so far in 2021. NIO stock hit a record high of $66.99 in early January and slumped to $30.71 in mid-May. It currently hovers around $41, down 16% year-to-date (YTD). Source: Sundry Photography / Shutterstock.com Nio has grown impressively
It’s pretty easy to continue to buy growth in this market. Third-quarter earnings for big tech companies are crushing it. The economy is climbing the wall of worry that supply chain issues are promising. So why buy dividend aristocrat stocks? Well, first of all, these aren’t just dividend stocks. You need to think of these
Palantir Technologies (NYSE:PLTR) hasn’t fully recovered since pulling back with the overall market in late September. But PLTR stock has still managed to slowly move higher in recent weeks. Source: Ascannio / Shutterstock.com To some extent, this uptrend makes sense. After all, the “story” behind this stock remains intact. The company has continued to post strong
Dutch Bros (NYSE:BROS) is an Oregon-based regional coffee and cold beverages chain. The firm recently completed its initial public offering (IPO) of BROS stock to raise funds. Dutch Bros is in the process of becoming a national player, and can use the growth capital as it pushes into fresh new markets such as Texas. Source: