If you’re keeping track of all the antitrust suits against Big Tech, you’ve had a busy month. Source: Shutterstock On December 9, the Federal Trade Commission (FTC) and a Texas-led group of 48 states and territories filed two different antitrust suits against Facebook Inc. (NASDAQ:FB). Both suits accuse the company of anticompetitive practices in the social-networking
The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to the defense contractor as it
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla joins the S&P 500 index as of today, following a high-volume day of trading Friday as index fund managers prepared for its inclusion. Tesla will have the 6th largest market cap in the index, behind Apple, Microsoft, Amazon, Alphabet,
No one wants to think about their own mortality, but purchasing life insurance can provide your loved ones with essential protection. If you pass away, your life insurance policy can cover your funeral and burial expenses, replace lost wages, and even pay off your existing mortgage. We know that ensuring your family has access to
Despite serious turbulence, 2020 has been a great year for investors. But even as market indices like the S&P 500 (NYSEARCA:SPY) remain near all-time highs, it may be time to realize gains, and sell strong performing stocks before the end of the year. Sure, a majority of Wall Street analysts surveyed by CNBC predict further
If you’ve been reading the financial news lately, you’ve probably seen headlines about a massive bubble in U.S. tech stocks. IPO (initial public offering) madness in 2020 has sent stocks such as Airbnb (NASDAQ:ABNB) soaring and delivered great profits for investors. But as hotel stocks are expected to perform well in the post-Covid-19 era in
For forward-looking investors, Plug Power (NASDAQ:PLUG) is often considered the hydrogen fuel-cell solutions-provider of choice. The daily trading volume of PLUG stock is consistently high, as more people are discovering the true potential of this clean-fuel up-and-comer. Source: Alexander Kirch / Shutterstock.com Some commentators would even say that Plug Power is a pioneer in the fuel-cell
CNBC’s Jim Cramer said Monday that investors should not overreact to the new strain of Covid-19 in the United Kingdom, criticizing that country’s response to the pandemic and pointing to positive news about U.S. companies as a reason for optimism. “I am not willing to give up on this market because of a 70% number
Take a look at the stocks making notable moves in midday trading. Nike — Shares of the shoe giant popped more than 4% after Nike reported strong quarterly earnings that showed digital bets paying off. Nike reported earnings of 78 cents per share on revenue of $11.24 billion. Analyst expected earnings of 62 cents per
What Is Offset Risk? All portfolios contain risk. Risk can benefit our portfolios greatly, and just as quickly it can be responsible for the majority of our losses. But, by using derivatives and certain investment vehicles, such as hedge funds, we can offset some of that risk and prevent losses in certain situations, while still
Two of the year’s hottest trends are special purpose acquisition companies (SPACs) and electric vehicles (EVs). Combine the two, and you’re bound to have a real winner on your hands. That’s been the case for QuantumScape (NASDAQ:QS), at least so far. QuantumScape stock has been one of the top performers on the Nasdaq over the
Moderna (NASDAQ:MRNA) has arguably priced in the medium-term proceeds from its vaccine for the novel coronavirus. But Moderna stock does not yet appear to reflect the potential of its other vaccines under development, the promising drugs it can acquire in the future, or its own status as a potential takeover target. Source: Ascannio / Shutterstock.com
Investors in Boeing (NYSE:BA) stock have not had a good year in 2020. Year-to-date, BA stock is down about 32%. However, Boeing shares have recovered over 115% since the lows hit in early spring. A large part of these gains has come since early November and BA stock is up about 47% in the past six
Take a look at some of the biggest movers in the premarket: Tilray (TLRY), Aphria (APHA) – The Canadian cannabis companies will combine in an all-stock deal that will create the world’s biggest cannabis producer. Aphria shareholders will hold 62% of the combined company, with the company paying a 23% premium over Tilray’s Tuesday closing
If you borrowed money to pay for school, your first question might be how best to pay off your student loans. The short answer is that there’s no magic bullet, but there are definitely things you can do to make paying back education debt easier. Student loan debt reached an all-time high of 1.54 trillion
One of the biggest truths in life, something that has kept my compass straight through trials and tribulations, is that you need to know the full story before making a decision. Therefore, when I see a positive income statement from a Chinese company like Nio (NYSE:NIO) — along with a Nio stock price that is
The phenomenal results of its Covid-19 vaccine has propelled Pfizer (NYSE:PFE) stock since late October, with the gain at about 15%. Of course, there has been a general rally across the equities markets as well since it looks like the economy will get back on track next year. Source: photobyphm / Shutterstock.com The effectiveness of
If you’re getting tired of this year’s market phenomenon — the special purpose acquisition company (SPAC) — you’re far from the only one. In fact, if it makes you feel any better, I’m tired of writing about it. But for the sake of thoroughness, we have to talk about CIIG Merger (NASDAQ:CIIC). Over the past few
Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm earned $2.32 per share for its fiscal first quarter, compared to a consensus estimate of $2.05 a share. Revenue beat estimates as well. Accenture also raised its full-year forecast, with demand for digital and cloud services remaining
After 10 years of continuous growth, world auto production saw a significant decline in 2019 with global production decreasing more than 5% for the year. In 2019, manufacturers produced approximately 92 million vehicles worldwide, including 67 million cars and 25 million commercial vehicles. The decline in automobile production continued well into 2020 as manufacturing shutdowns