Despite the doubters and the short-sellers, Pinterest (NYSE:PINS) stock continues to soar to new highs. But now investors are getting something in Pinterest stock they rarely get: a huge opportunity to buy after great news. Source: Nopparat Khokthong / Shutterstock.com Pinterest reported earnings on the evening of Oct. 28 and shares soared as much as
When we spoke last, I’d said that a decisive presidential election was likely, which is what investors were anticipating, too. Stocks rallied strongly on Monday, with the Dow climbing more than 300 points. Well, as you may know, a decisive election outcome ended up not being the case, as folks are still counting ballots in
“Fearless Girl”, a bronze sculpture by Kristen Visbalthe, is seen with a voting sticker in front of the New York Stock Exchange in the Wall Street Financial District of Manhattan on November 4, 2020 in New York. Kena Betancur | AFP | Getty Images Big-money investors are growing more excited about the stock market as
What’s next for markets? With the election over, some old themes will be re-emerging, regardless of who will be president. The rally is due to better earnings visibility On one issue, all traders agree: the market rally is largely due to the unlikelihood of higher corporate and individual taxes next year. “The Senate numbers from the
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly earnings of $2.83 per share, beating the consensus estimate of $1.38 a share, helped by strong demand for trucks and SUVs. Revenue was essentially in line with Street forecasts. The shares rose 6.7% in premarket
Sportswriters like to talk about having personal Mount Rushmores. The four best basketball players ever, the best baseball players to suit up for the Pittsburgh Pirates, etc. Here in Georgia, I keep a personal Stone Mountain of bad business leaders, people who have destroyed value through bad decisions, such as Randall Stephenson of AT&T (NYSE:T)
I like the enthusiasm and I like the story of the electric vehicle mounting an assault against internal combustion engines. ICE cars are still the norm but thanks to Tesla (NASDAQ:TSLA), the battle is on. Nio (NYSE:NIO) is a smaller soldier in it and it’s doing its part. TSLA has the early mover advantage and
Robinhood investors have already proved that they have a knack of picking stocks that outperform. Investors need to do their homework before investing or trading in any stock. However, it makes sense to keep a watch on the Robinhood stocks that the platform’s investors are picking. With several new initial public offerings this year, there
Welcome to the stock market today! Election Day may be over, but the future remains unclear. That means investors are likely paying close attention to battleground states such as Pennsylvania, North Carolina and Georgia. Follow along for live updates on the stock market throughout the day with InvestorPlace. Latest Updates: Stocks Close Higher, Safe-Haven Assets
President Donald J. Trump dances at the end of the rally just before he leaves. Ben Hasty | MediaNews Group | Getty Images SINGAPORE — Asia investors should focus on the strong data coming out of the region instead of the outcome of the U.S. election, said Aberdeen Standard Investments’ Head of Asian Sovereign Debt
Attendees walk by the Qualcomm booth during CES 2019 at the Las Vegas Convention Center on January 9, 2019 in Las Vegas, Nevada. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: Qualcomm — Qualcomm shares rallied more than 13% in after-hours trading on the back of better-than-expected
Comcast (NASDAQ:CMCSA), the cable giant that also owns NBCUniversal, was feeling a lot like its viewers Election Day. Worried, but hopeful about the future. People who hold Comcast stock may feel the same way. Source: Ken Wolter / Shutterstock.com Comcast shares are trading at $44, about 2% below where they started the year. They fell
Heading into the 2020 election, incumbent President Donald Trump and former Vice President Joe Biden came in with very different policy plans when it came to energy. And that disparity has had companies like BP (NYSE:BP) awaiting the results with bated breath. As a vertically integrated organization operating in every area of the oil and
Twilio (NASDAQ:TWLO) stock dropped in late October after the cloud communications giant reported third-quarter numbers that smashed consensus estimates, but also included a weaker-than-expected profit guide for the fourth quarter. Source: rafapress / Shutterstock.com Because Twilio stock has been so hot for so long — as of this writing, the stock is up 194% year-to-date
Luckin Coffee (OTMKTS:LKNCY) has been rising for almost no good reason. Since my last article on Luckin stock on Aug. 11, it has risen 96.6% from $2.34 to $4.60 on as of close on Tuesday. However, nothing has happened since then that warrants such an increase. Source: NewsToday / Shutterstock.com In fact, the only major
Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon told employees that they must have faith in the U.S. election process and patience to await a final determination. “While strong opinions and tremendous passion characterized this U.S. election,
U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, U.S., March 3, 2020. Kevin Lamarque | Reuters The Fed’s two-day meeting is expected to end
When a company is posting strong financials but the share price is expensive, investors have a tough decision to make. A case in point would be Pinterest (NYSE:PINS), which had an outstanding third quarter. The data is encouraging, but now PINS stock is relatively overbought. Source: Nopparat Khokthong / Shutterstock.com As we’ll see from the price
Editor’s note: “20 Election Stocks to Buy if Joe Biden Wins in 2020” was previously published in October 2020. It has since been updated to include the most relevant information available. Heading into the final weeks before the 2020 Presidential election, polls suggest that Joe Biden, a Democrat, has a slight lead over the Republican incumbent,
As the largest company in the world, Apple (NASDAQ:AAPL) isn’t the sort of company that you’d expect to have a big breakout in 2021. After all, it’s already so big and so huge that it takes a lot to move the needle on AAPL stock. But make no mistake. That’s exactly what will happen in 2021.