Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Tesla — Tesla shares whipsawed in midday trading, trading higher by 0.5% after falling as much as 8.5% and into bear-market territory earlier in the session. The stock of the electric car maker has come under marked pressure
Marathon Patent Group (NASDAQ:MARA) stock is one to avoid. At its inception in 2012 it was a patent company founded on a portfolio of three patents and one application. In August 2017 Marathon announced it intended to also pursue potential alternative businesses. Then, in November 2017, it acquired Global Bit Ventures, cementing its current direction
SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan’s SoftBank was reportedly the “Nasdaq whale,” that bought billions of dollars in individual stock options in big tech companies over the past month, driving up volumes and
Nailing the Investment Banking Interview Many business students want to land an entry-level job in investment banking, but they freeze during the interview when asked some of the more common technical questions. Getting the first interview is often a difficult task all on its own, so you need to be ready to answer some of
The race to develop a vaccine to fight the novel coronavirus is like any other competition. There are going to be winners and losers. It appears iBio (NYSEAMERICAN:IBIO) will be in the latter the camp despite the fact that IBIO stock is up 691% this year. Source: Shutterstock On balance, a 691% gain in less
Labor Day will keep U.S. equity markets closed on Monday, making Tuesday Sept. 8 the first trading day of next week. With that in mind, let’s look at a few top stock trades ahead of a long three-day weekend. Top Stock Trades for Tuesday No. 1: Tesla (TSLA) The volatility over the last few days
You knew this was coming. The market internals had been flashing warning signs for a couple weeks: very few new highs, very sloppy advance/decline line, low short interest, and a lot of talk about FOMO (Fear of Missing Out) and TINA (There Is No Alternative). All signs of frothiness. So what is this? Is this
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images The tech wreck is probably not over, despite Friday’s market comeback. Analysts expect the shakeout in stocks to continue after the long Labor Day weekend, especially in technology names and the Nasdaq,
I pounded the table for Advanced Micro Devices (NASDAQ:AMD) six years ago, when it named Dr. Lisa Su as CEO. I liked AMD stock at $20, and even $40. It’s a great company. She’s a great leader. AMD makes faster microprocessors than Intel (NASDAQ:INTC). It’s competitive in graphics with Nvidia (NASDAQ:NVDA). Source: Casimiro PT /
Elon Musk Jim Watson | AFP | Getty Images Tesla shares slid more than 6% during premarket trading on Thursday, building on the stock’s recent losses after the company’s largest outside shareholder reduced its position, and after the auto maker said it would raise up to $5 billion in a new stock offering. The stock
As Phase One of reopening begins in Northern Virginia today, a waiter in a face mask to protect against the coronavirus (COVID-19) carries food to diners seated outdoors at a restaurant in Alexandria, Virginia, May 29, 2020. Kevin Lamarque | Reuters The pace of rehiring is expected to have slowed in August, and the economy
If you are not checking your home equity line of credit (HELOC) often, now is the time. Thieves can gain access to these accounts and siphon out thousands of dollars by stealing identities and fooling lenders. However, the risk can be reduced and victims’ credit rebuilt by following a few simple steps. Key Takeaways Thieves
The steep decline of Inovio (NASDAQ:INO) stock is continuing. Earlier this year, Inovio electrified traders when it announced that it had a potential vaccine candidate for the novel coronavirus. Following the disclosure, INO stock shot up to as high as $33 this summer, versus its 52-week low of $1.92. Source: Ascannio / Shutterstock.com However, the
Talk about making it an interesting jobs report. While the trend still favors the bulls, bears shook the S&P 500 for some solid losses on Thursday. Let’s see how the market shapes up on Friday, when the monthly labor report is released. Until then, though, let’s look at some top stock trades. Top Stock Trades
SpaceX deploys 60 Starlink satellites in orbit. SpaceX SpaceX gave an update on early tests of its Starlink satellite internet network, which showed speeds capable of playing online video games and streaming movies. Starlink is the ambitious plan by Elon Musk’s company to build an interconnected network of about 12,000 small satellites in low Earth orbit.
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts
Angel Navarrete | Bloomberg | Getty Images Check out the companies making headlines after hours on Thursday: Broadcom — Shares of the semiconductor builder rose 1% in after-hours trading on the back of better-than-expected results for the previous quarter. Broadcom posted a profit of $5.40 per share on revenue of $5.82 billion. Analysts polled by
iBio (NYSEAMERICAN:IBIO) is expanding its horizons. In addition to being way behind in the race to develop a coronavirus vaccine, it’s now also way behind in the race to develop a coronavirus treatment. Despite the company’s decision to diversify its business, I remain bearish on IBIO stock at this point. Source: Shutterstock.com As many other
Charlotte Hornets owner Michael Jordan responds to a question during a 2014 news conference at Time Warner Cable Arena in Charlotte, N.C. Jeff Siner | Charlotte Observer | Tribune News Service via Getty Images This is a developing story. Check back for updates. Shares of DraftKings jumped 16% in premarket trading after the company said
People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell: Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales