Former President Donald Trump drew intense criticism from many in the international community for his protectionist stance and strict adherence to an “America First” agenda on the matter of trade. Among other concerns for the Trump administration, one of the primary targets of the former president’s ire was the North American Free Trade Agreement (NAFTA).
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
Multiple pundits who are bearish on Hyliion (NYSE:HYLN) stock seem to be convinced that the company will completely fail, causing its shares to ultimately plummet to nearly $0. Source: Hyliion media But I believe that these skeptics are ignoring several important points. First, the electric truck and powertrain maker has made deals with several major
When you have nearly 3 billion monthly active users, some things are bound to go wrong. As the adage goes, you can please some of the people all of the time, you can please all of the people some of the time, but you can’t please all of the people all of the time. That
I don’t usually get stunned that often. But when my InvestorPlace colleague Dana Blankenhorn stated that Joby Aviation (NYSE:JOBY) is nothing but hot air until it gets regulatory approval for its business, it made me rethink my own take on JOBY stock. Source: T. Schneider / Shutterstock.com Referenced from the Book of Ecclesiastes, people through
Signet Jewelers Ltd. shares rose 3.1% in Tuesday premarket trading after it announced the $490 million acquisition of Charlotte, N.C.-based Diamonds Direct USA Inc., a jewelry retailer that’s “off-mall” and adds to Signet’s bridal business. Signet SIG, -4.04% says the acquisition will be “immediately accretive” and will help Signet reach a younger, luxury consumer. The
The main benefit of life insurance is to create an estate that can provide for survivors or leave something to charity. Single-premium life (SPL) is a type of insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die. Here we look at some of
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Oil stocks rose again Monday as futures for West Texas Intermediate crude traded
Palantir Technologies (NYSE:PLTR) is known for secrecy and its long list of government clients. Its shares haven’t moved much in the past 6 months. PLTR stock was trading at $23 in April and is trading at the same level today. Source: Ascannio / Shutterstock.com The company went public through a direct listing and since then, it
A few months back, ChargePoint (NYSE:CHPT) stock had plenty of positive catalysts that were helping it move higher or, at the very least, hold steady. Not only was the U.S. bipartisan Infrastructure bill helping to sustain buzz about the shares, but the market was highly favorable to speculative growth stocks. Source: YuniqueB / Shutterstock.com But
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
U.S. home prices haven’t been the only thing skyrocketing during the pandemic. Originations of large “jumbo” U.S. residential mortgage loans that exceed “conforming limits” set for housing giants Freddie Mac and Fannie Mae could hit $550 billion this year, a level not seen since the run-up to the 2008 financial crisis, BofA researchers wrote Monday,
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Phil Knight is the co-founder and the biggest stakeholder of Nike, formerly known as Blue Ribbon Sports, which has more than 1,100 branches across the globe. The company, which is considered the largest creator of athletic shoes and sports apparel, also includes brands like Jordan, Cole
Chipotle Mexican Grill Inc. (CMG) is a market leader in the fast-casual dining sector and faces five main rivals. They include Qdoba Mexican Eats, Moe’s Southwest Grill, Baja Fresh Mexican Grill, and Rubio’s Coastal Grill. Chipotle also competes on a less head-to-head basis against Taco Bell, the market leader in the Mexican-style fast-food sector. Competition
Since I’ve begun eating Tattooed Chef’s (NASDAQ:TTCF) meals, and since the company made an important deal with Kroger’s (NYSE:KR), I’ve become bullish on TTCF stock. Source: Spyro the Dragon / Shutterstock.com Also making me more upbeat is the fact that the stock dropped significantly following Wall Street’s overreaction to the company’s second-quarter revenue miss, and
Boeing (NYSE:BA) stock has yet to recover from 2018. Source: Alex JW Robinson / Shutterstock.com When the 737-MAX scandal first overtook the company, investors were told to “buy the dip” at $320 per share. After all, BA stock traded at $440. It delivered dividends of more than $2 per share each quarter. Those who bought
As I put it in late August, Palantir Technologies (NYSE:PLTR) stock seemed to be a situation where it would continue to stay strong performance-wise, that is, until markets get volatile. Now? Said volatility has started to play out. Shares in this hot big data play have slid back in price. With this, what’s next for PLTR
Hospitals are facing staffing shortages made worse by the COVID-19 pandemic, and Wall Street analysts are increasingly concerned that the shortage of health care workers could cut into hospital margins.. “The rise in COVID-19 cases due to the delta variant continues to exacerbate the shortage of hospital workers, hampering recruitment and retention, driving up wages
IMF vs. WTO vs. World Bank: An Overview The International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) are highlighted in the financial press or on television nearly every day. From loans to Greece to trade deals in Asia, these organizations make headlines across the globe. Understanding these entities and their missions will
Overall, one of the main catalysts for President Joe Biden’s 2020 electoral victory was his stance on the novel coronavirus pandemic. Leading up to the election, former President Donald Trump’s administration made critical errors, primarily flirting with unsubstantiated Covid-19 allegations which undid the good of Operation Warp Speed. In turn, it’s unfortunate because people are