After falling to prices as low as $1.19 per share, Nio (NYSE:NIO) stock is rebounding. And after reporting higher than expected deliveries, and launching a new partnership with Intel’s (NASDAQ:INTC) Mobileye, the Chinese electric vehicle (EV) startup appears to be better positioned. Source: Sundry Photography / Shutterstock.com The Nio stock price has jumped over 100%
Month: December 2019
When it comes to U.S. stocks, there’s good news and bad news. The bad news is that the market-wide losing streak extended to three sessions in trading Tuesday. The good news is that investors stepped into the decline, with broad indices closing well off early-session lows. Source: Shutterstock Long-running concerns about U.S. manufacturing and the
It’s been a frustrating few months for investors in the metals complex, with the pattern of rate-cuts being a boon for the gold price (GLD) coming to an abrupt end in late August. While the Fed’s pivot from being hawkish and the July rate cut put a fire under the precious metal, the September and October cuts
Yesterday’s stock market sell of was met with late day technical buying. Does this mean we have hit the bottom and it is time to buy stocks? In this video we discuss the charts. ✅Join out VIP Private Group session invitation list free! (we hate spam too) http://eepurl.com/gsysiL ======================================================= ✅Please Take Our 2 minute Survey-
If a U.S.-China trade deal is off the table, stay away from the stock market, says Jeremy Siegel, Wharton School professor of finance. The Dow Jones Industrial Average lost more than 250 points after President Donald Trump indicated he might wait until 2020 to strike a trade deal with China. The White House reportedly still plans
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters President Trump’s comment that he had no deadline on a China deal has predictably thrown markets into a tizzy, as the self-imposed deadline of Dec. 15 for additional tariffs is now less than two weeks away. The market is now
Larry Page, co-founder and chief executive officer at Google Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced that Larry Page will step down as CEO and Google CEO Sundar Pichai will take
Is the cannabis sector about to light up? Following the U.S. House Judiciary Committee’s monumental decision to approve the Marijuana Opportunity Reinvestment and Expungement (MORE) Act on Nov. 20, investor focus has locked in on this area of the market. With the passage of this legislation, the cannabis industry takes a huge leap forward as
It’s been a good month for General Electric (NYSE:GE). Thanks to a strong third-quarter earnings report, the GE stock price touched a 52-week high. And General Electric stock could rise further going forward if the company can deliver on its potential. Source: Jonathan Weiss / Shutterstock.com There are two problems with that “if.” First, General
Although December is usually a good month for stocks, that historical precedent wasn’t followed yesterday. And defiance of that trend got much, much worse today as all three major equity benchmarks were slammed on the renewal of trade tensions between the U.S. and China. Source: Provided by Finviz The S&P 500 slid 0.66% The Dow Jones
This week Aurora Cannabis Inc. (ACB) announced that its High CBD Oil Drops have been approved for use in Ireland. The approval came under Ireland’s new Medical Cannabis Access Program (MCAP), which was authorized in June by Irish Minister of Health Simon Harris and is scheduled to last for five years. Aurora’s High CBD Oil
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Here are the biggest calls on Wall Street on Tuesday: Needham raised its price target on Roku to $200 from $150 Needham’s Laura Martin raised her price target on the stock and
Check out the companies making headlines before the bell: Lands’ End (LE) – The apparel retailer reported third-quarter earnings of 11 cents per share, 2 cents a share above estimates. Revenue came in below forecasts, but comparable-store sales posted an unexpected increase. Lands’ End also gave a better-than-expected current-quarter earnings outlook. AK Steel (AKS) –
Facebook (NASDAQ:FB) is a free cash flow (FCF) machine, pumping out billions in FCF each quarter. And I think Facebook stock will benefit from its improving FCF margins, advertising pricing and Average Revenue Per User (ARPU). Source: Shutterstock Free cash flow is the purest form of profit that a company generates. In the last quarter,
Shares of Twitter (NYSE:TWTR) plunged in late October from above $40 to below $30 after the social media company reported lousy third quarter numbers and delivered an even-lousier fourth quarter guide, the sum of which sparked concerns that elevated competition in the digital ad market was materially shrinking the company’s growth trajectory. Source: Worawee Meepian
There’s no need to panic yet, but U.S. stocks suddenly look a touch shaky. All three broad market indices fell in trading on Monday. A 0.86% decline in the S&P 500 was that index’s steepest fall since Oct. 8. It has been equally as long since U.S. stocks pulled back more than 1% over any
Today we discuss a Kitco article written by Max Keiser which detail’s the Chinese plan to issue a cryptocurrency backed by gold. The purpose of this currency is to further undermine the US Dollar. We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity
Today we discuss a Kitco article written by Max Keiser which detail’s the Chinese plan to issue a cryptocurrency backed by gold. The purpose of this currency is to further undermine the US Dollar. We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity
Mark II Unitorque electric pumping unit at a crude oil well site outside South Heart, North Dakota. Daniel Acker | Bloomberg | Getty Images Pretty much every trade has worked on Wall Street this year except one: natural gas. Futures prices fell to a one-month low on Friday after plunging more than 12% for the
Rob Bernshteyn, CEO, Coupa Software Scott Mlyn | CNBC Check out the companies making headlines after the bell Shares of Coupa Software slipped more than 2% during extended trading after the cloud services company reported third-quarter earnings. Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The