This should have been a bad time to own Walt Disney (NYSE:DIS). The global pandemic, the great cable cord cut, and the end of broadcasting as we know it should have all sent shares of Disney stock down. A rare quarterly loss, $2.61 per share, was announced in August. Another loss is expected when the company
0 Comments
For most of the 2010s, Tesla (NASDAQ:TSLA) has been one of the market’s most polarizing battleground stocks. But, over the past year, this bull versus bear debate has become increasingly one-sided, as TSLA stock has soared more than 800% on the back of record demand, record deliveries, record revenues and record profits. Source: InvestorPlace Have
0 Comments
Back when the novel coronavirus pandemic was at its ugliest in terms of societal and economic impact, most industries looked bleak. With American households hunkering down against an unknown microbiological threat, doom-and-gloom prognostications took on much greater credibility. However, streaming company Netflix (NASDAQ:NFLX) was one of the few obvious winners. After all, when sitting at
0 Comments
Biotechnology penny stocks, such as Aptorum Group (NASDAQ:APM), have become highly popular. On Sept. 28, APM stock closed at $1.22. The next day, it hit an intraday high of $14.23, only to end the end day at $4.76. Now, the shares are hovering around $2.50. Source: Pavel Kapysh / Shutterstock.com Investors wonder if they should invest
0 Comments
Luckin Coffee (OTCMKTS:LKNCY) has had quite the year so far. Once touted as China’s answer to Starbucks (NASDAQ:SBUX), Luckin has been at the center of perhaps the largest Chinese fraud. The $300 million accounting fraud led to Luckin stock losing 74% of its value this year and its listing on the Nasdaq. However, with a
0 Comments
Basel III—also referred to as the Third Basel Accord or Basel Standards—is a 2009 international regulatory accord that introduced a set of reforms designed to improve the regulation, supervision, and risk management within the international banking sector. Basel III required that banks maintain proper leverage ratios and keep certain levels of reserve capital on hand.
0 Comments
Noam Galai | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. IBM – Shares shed more than 6% after IBM’s third-quarter results showed a third straight quarter of declining revenue. The company earned an adjusted $2.58 per share for the quarter, which was in line with Street forecasts,
0 Comments
Dow component Intel Corporation (INTC) reports third quarter 2020 earnings this week after stumbling in July, beating second quarter estimates but lowering guidance due to delays in the rollout of the company’s 7nm-based CPUs. The stock fell 16% after the news, battered by shareholder disappointment and at least seven Wall Street downgrades. The decline stretched
0 Comments