If Thomas Edison were still alive and still inventing breakthroughs like the phonograph, electric light, and an app-activated mouth plug to shut up airplane talkers, then it’s likely — more than likely — that he would hang his head in sorrow to see what’s become of his beloved company that he co-founded in 1892, General
Amazon (NASDAQ:AMZN) is having its best year yet. The novel coronavirus pandemic led to an unprecedented surge in online shopping, which was a big win for the e-commerce giant. With Prime Day just around the corner, investors are hoping for some big gains in the coming weeks. AMZN stock is up 62% to date, and
Former Goldman Sachs CEO Lloyd Blankfein sees speculative elements across markets for stocks and bonds. Blankfein, a billionaire who served as Goldman’s CEO from 2006 to 2018, said Thursday on Squawk Box that low interest rates were essentially creating free money for big institutional investors. After keeping rates low for years after the 2008 financial
Spencer Platt | Getty Images News | Getty Images Even with election year volatility and no stimulus package in sight, it looks like the stars are aligning for a fourth quarter stock market rally. Technical analysts say they see underlying trends that signal strength and further gains, including broader groups of stocks participating, like small
High-net-worth individuals tend to have more complex financial needs than most retail consumers. That’s why private banks offer a wide swath of services under one roof, from investment management to trust and estate planning. Wealthy clients are typically assigned a dedicated private banker (a.k.a. relationship manager), who is a single point of contact. Key Takeaways Most of these
Earlier this year, Hertz Global (NYSE:HTZ) was one of the names that rose to infamy/notoriety as the Robinhood crowd became enamored by tumbling, low-priced stocks in the hopes of catching rallies, however brief. Source: Eric Glenn/Shutterstock.com Indeed, there were some occasions when this risky strategy paid off. There was stretch in March when HTZ stock
We are witnessing a new age of medicine with the increasing acceptance of people’s right to what goes inside their bodies. Over the past decade, several researches have come out supporting psychedelic-inspired medicines in treating conditions including addiction, depression, and ADHD. Hence, the “shroom boom” is here and is likely to propel psychedelic stocks as
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Company: Invesco Ltd. (IVZ) Business: Independent investment management company. Invesco provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. Its
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global
After stimulus talks seemed to be off the table just a few days ago, they have been the fuel behind the latest rally. That said, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Microsoft (MSFT) This name rallied hard into the September highs, along with
Middle-market senior and secured lending specialist Prospect Capital (NASDAQ:PSEC) isn’t a company that generates red-hot buzz on social media. You won’t find heated conversations about PSEC stock. But that should be just fine for more risk-averse investors. Source: Shutterstock The shares are also accessible to amateur and professional traders alike. That’s because PSEC stock trades
Artificial intelligence is set to be a massive trend in the coming decades. As such, investors are looking to find companies that can profit from the trend. But for several reasons, finding quality AI stocks is harder than it might seem. First, some of the leaders in artificial intelligence are massive businesses, which means AI
Internet of Things stocks continue to see strong growth when it comes to market size. But from my observation, neither investors nor consumers have grasped just how large this market will become. Year by year, more and more devices are linking up. That’s creating a rich web of connected devices, meaning an explosion in data,
CNBC’s Jim Cramer on Thursday highlighted multiple parts of the market where he sees stock prices rising and can continue to rise, whether lawmakers in Washington agree to another round of stimulus spending or not. American consumers and small businesses, grappling with double-digit unemployment and a pandemic-induced downturn, are waiting to see if lawmakers will
A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images Stock market optimism for a stimulus package has been rising, but the focus swings to earnings and that could be a positive for stocks in the week ahead. JPMorgan,
Japan has become one of the top 10 most popular destinations for U.S. students studying abroad. According to the President of the Institute of International Education, Dr. Allen E. Goodman, “International experience is one of the most important components of a 21st-century education, and study abroad should be viewed as an essential element of a college degree.”
Tracey Ryniec and Kevin Cook take a look at two highly ranked stocks.’ Alteryx: https://www.zacks.com/stock/quote/AYX?cid=CS-YOUTUBE-FT-VID InMode: https://www.zacks.com/stock/quote/INMD?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
In 2020, many drug stocks have behaved like pot stocks did in 2018. Investors have paid huge premiums on sales for even the promise of a novel coronavirus treatment or vaccine. But if you’re looking for value, consider Pfizer (NYSE:PFE). You can still buy PFE stock at a reasonable price. Source: Manuel Esteban / Shutterstock.com
For investors, there’s playing the lottery. And then there’s Sorrento Therapeutics (NASDAQ:SRNE). The unassuming biotech firm initially made headlines in May when it suggested it had a “cure” for coronavirus. SRNE stock initially spiked 140% before investors saw through the misstatement. Source: Shutterstock The company then saw its second wave of interest in August after
With the Las Vegas Strip continuing to rebound and MGM (NYSE:MGM) receiving a roughly $1 billion investment from IAC (NASDAQ:IAC), the outlook of MGM stock has improved. Source: Michael Neil Thomas / Shutterstock.com Additionally, following the widespread introduction of a successful vaccine for the novel coronavirus, MGM is set benefit from a huge amount of