Two days ago, Tesla (NASDAQ:TSLA) did something unthinkable – something that only four tech stocks in the history of capitalism have ever accomplished. It became a trillion-dollar company. It joined Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) as the only U.S. companies to currently hold that distinction. Not only that, but Tesla cleared
In positive news for parents, a U.S. Food and Drug Administration advisory committee voted 17-0 in favor of vaccinating children aged 5 to 11 with the shots developed by Pfizer PFE and BioNTech BNTX, agreeing that the benefits outweigh the risks in that age group. The vote must now be endorsed by the FDA, and
In this article TSLA Major Tesla investor Ron Baron told CNBC on Wednesday that he’s made $6 billion on his investment into the electric automaker and plans to remain a shareholder for at least another ten years. At more than $1,000 as of Wednesday, Baron’s namesake investment firm, Baron Capital, holds almost 6 million Tesla
Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters After all but vanishing last year, stock buybacks are surging in 2021 and will likely hit a record in the third quarter. The surge in buybacks comes at a delicate moment for corporate America. Senators Sherrod
Life can throw a lot at you and there might be a few times in life where you will need to borrow money to pay for certain items that your current cash levels will just not cover. This can include the financing of a large item, covering medical expenses, consolidating debt, and so on. At
In this article ENPH FBHS MSFT Photo Illustration by Pavlo Gonchar SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after hours trading: Robinhood — Shares of the stock-trading app declined more than 9% during extended trading after the company’s third-quarter revenue missed expectations amid a slowdown in cryptocurrency trading.
Yesterday, Hertz Global Holdings Inc. (HTZZ) announced plans to buy 100,000 electric vehicles (EVs) from Tesla. Investors seized on this unexpected news to boost Tesla’s market cap over the $1 trillion mark. As I write this, the stock price is also still strutting its spectacular trillion-dollar valuation. “[Hertz’s purchase is] the single-largest purchase ever for
Income investors are facing negative real returns as inflation rates soar. Not only is wage growth falling behind inflation, but cash savings are earning almost nothing in bank accounts. Investors who waited years for interest rates to rise and pay a better return now cannot wait. However, those who found high-yield stock gems have earned
Farmmi (NASDAQ:FAMI) is a tiny Chinese company in the agricultural products sector and a true penny stock, with shares currently trading for around 35 cents. FAMI stock collapsed below a dollar in April on a large secondary offering, and it hasn’t topped 60 cents since that point. Source: Shutterstock There was one more significant rally
The Robinhood (NASDAQ:HOOD) platform is certainly an interesting one for those looking to invest in the stock market. It certainly burst onto the scene early in the pandemic with commission free trading. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. The Robinhood platform has been around for
After Snap Inc. lost more than a quarter of its market value and took other internet stocks down with it last week, there were fears that Apple’s recent privacy changes would upend the entire internet advertising market. But as it turns out: Not so much, at least so far. While Facebook Inc. FB, -3.92% and
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
Key Takeaways Analysts estimate adjusted EPS of $0.26 vs. $0.65 for Q3 FY 2020. Ford North American car sales are expected to decline YOY. Companywide revenue is estimated to decline slightly YOY amid global supply chain issues and production problems. Ford Motor Co.’s (F) is undergoing a major transformation under Chief Executive Officer (CEO) Jim
Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook gained 1.9% in the premarket after reporting mixed results for the second quarter. Facebook beat estimates by 3 cents a share, with quarterly earnings of $3.22 per share. Revenue missed, however, as ad sales growth slowed in the face
One great way to get exposure to the solid-state electric-vehicle (EV) battery market is through a long position in QuantumScape (NYSE:QS). However, investing in its shares will require patience as QS stock can’t seem to get off the ground lately. Source: Michael Vi / Shutterstock.com Staying the course with QuantumScape requires a very forward-looking vision. Essentially,
Since the beginning of the Covid-19 pandemic, several sectors have grabbed the limelight. In particular, due to the advent of social distancing, online businesses flourished. Zoom (NASDAQ:ZM), which provides a video-communications platform, was a major beneficiary of the trend, causing ZM stock to boom. Source: Michael Vi / Shutterstock.com Trading at $67 towards the end
Roku (NASDAQ:ROKU) will release its third-quarter earnings on Nov. 3 after the stock market close. This could be a bellwether for how well its crucial Christmas season turns out. Investors will be looking carefully to see if the West coast shipment delays are having any effect on its ability to deliver inventory to stores. If
The numbers: The index of consumer confidence rose to 113.8 in October from a revised 109.8 in the prior month, the Conference Board said Tuesday. This is the first gain after three straight declines. Economists polled by The Wall Street Journal had forecast a decline to 108. Big picture: Consumer confidence has slumped since the
In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
Fixed Asset vs. Current Asset: An Overview A company’s financial statement will generally classify its assets into distinct categories, including fixed assets and current assets. Fixed assets, also known as property, plant, and equipment (PP&E) and as capital assets, are tangible things that a company expects to use for more than one accounting period. Current