Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Ding Ting | Xinhua News Agency | Getty Images Check out the companies making headlines midday Thursday: Tesla — Tesla rose 1.6% in midday trading after Canaccord Genuity reiterated its buy rating of the electric car maker’s
Month: January 2020
Both gold (GLD) and silver (SLV) had exceptional year-end runs, with both metals closing out December with 3% and 4% advances, respectively. The 3-month Treasury Bill Rate (1.55%) continues to trade well below the U.S. annual inflation rate (2.10%) supports a bullish backdrop for the metals on a big picture basis, short-term, silver is sitting
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Heading into 2020, U.S. stocks sit at all-time highs. And excluding a few challenged sectors like energy and retail, it almost seems like every stock is at an all-time high, or at least has closed the year strongly. Source: Shutterstock That might be an exaggeration, but it’s not much of one. Among stocks with a
After an exceptionally strong performance in the stock market in 2019, 2020 will have a higher than average chance of a correction. This argument can only hold true if either fundamentals worsen and volatility rises or if markets decide to lock in profits early. The S&P 500 rose by almost 30%, so even a slow
On the first look, embattled electric vehicle maker Nio (NYSE:NIO) appears like a contrarian’s dream. The underlying equity dropped approximately 60% since the start of 2019. However, the international community is steadily pushing for green initiatives. In this context, EVs reign supreme. Plus, Nio makes absolutely gorgeous cars. Source: Shutterstock And the speculative bull case
Tim Cook, chief executive officer of Apple, Inc. Daniel Acker | Bloomberg | Getty Images 2019 is shaping up to be a historic year for the S&P 500, and the benchmark has two stocks to thank. Apple and Microsoft, which surged 85% and 55% this year respectively, together accounted for nearly 15% of the S&P
Lower volatility in 2019 than the previous year Trade and OPEC cuts set the stage for higher prices US politics could drive the price The price of crude oil will finish 2019 a lot closer to the top than the bottom end of its trading range for the year. The crude oil market has undergone
For the first time in weeks, we finally got some selling pressure in the broader market. Buyers did step up to bid equities off the lows, but the pullback was the first notable selling action we’ve had in a while. Let’s look at some top stock trades as well. Top Stock Trades for Tomorrow No.
Swedish climate activist Greta Thunberg at COP 24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change. Katowice, Poland on 5 December, 2018. Photo by Beata Zawrzel/NurPhoto via Getty Images Investing for climate change had been a niche on Wall Street, often generating sub-par returns, but in the coming
Canopy Growth (NYSE:CGC) is up 35% from its November lows. Based on that data point alone, some investors may glean that the stock is doing quite well. Because most investors know how bad cannabis stocks have been though, they realize that’s not the case. Source: Shutterstock In fact, it’s far from reality — and not
As we head into the last day of trading for 2019, Twilio (NYSE:TWLO) stock has fallen almost 35% from its summer high. The cloud communications software platform company is still in turnaround mode, and it still is not producing free cash flow. Source: rafapress / Shutterstock.com Twilio provides a text messaging platform for companies to
Yes, there’s one more sort of trading day left in the form of New Year’s Eve, but participation will likely be light tomorrow, meaning it will be difficult to overcome today’s losses at the hands of concerns that equities have become overbought. Source: Provided by Finviz The S&P 500 slipped by 0.58% The Dow Jones
As we get ready to say goodbye to the 2010s, CNBC.com is taking a look back at the key players, events and transformations from Wall Street to Silicon Valley to corporate America to the White House that shaped a “Decade of Disruption.” In the lead-up to New Year’s Day 2020, CNBC’s online journalists will be
Beyond Meat (NASDAQ:BYND) is up nearly 200% from its May 1 IPO price of $25. Investors who bought some of the shares during the company’s IPO either sold them for a hefty profit or are still holding onto them, satisfied with their gains. Source: calimedia / Shutterstock.com However, anyone who bought the stock in late
Thanks to the emergence of the Millennial generation and its subsequent societal and workplace shifts, the fast-food industry has become even more complex and competitive. Old rules simply don’t apply, which partially explains why Chipotle Mexican Grill (NYSE:CMG) has surged in the markets. Since the start of 2019, the Chipotle stock price has nearly doubled.
Ending 2019 on a sour note The spring season could be worse Politics in the US could cause volatility in the natural gas market during the second half of 2020 The United States is the Saudi Arabia of natural gas. Massive reserves of the energy commodity in the Marcellus and Utica shale regions of the