September 4, 2020
“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%… An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and… Continue Reading…
September 3, 2020
“No one would have believed this even three months ago, but this may turn out to be the biggest year for IPOs since Alibaba went public in 2014. Already, 111 companies have raised $37.8 billion, according to Renaissance Capital. In 2014,… Continue Reading…
September 3, 2020
“AGNC Investment (AGNC) …Shane puts an Overweight (i.e. Buy) rating on the shares, and his $17 price target implies a one-year upside of 20%. (To watch Shane’s track record, click here) Overall, with 6 Buy ratings and 1 Hold set in recent… Continue Reading…
September 3, 2020
“Electric vehicle companies are enjoying an incredible moment in 2020, spearheaded by Tesla (TSLA), which saw shares surge 600% from their March lows, and Chinese rival Nio (NIO), also enjoying a similar 700% pop. Investors also battled over shares in… Continue Reading…
September 2, 2020
“Shares of Zoom dropped around 7% Wednesday morning, as investors likely took their profits from Tuesday’s stock surge. The videoconferencing software company’s stock soared 41% on Tuesday after it reported fiscal second-quarter earnings that were better than analysts had expected and raised its full-year guidance. The company… Continue Reading…
September 2, 2020
“Baudax Bio (BXRX) First up we have Baudax Bio, which is a pharmaceutical company focused on developing and commercializing innovative products for acute care settings. With shares changing hands for $2.80, Oppenheimer believes that the share price presents an attractive… Continue Reading…
September 2, 2020
“This summer didn’t just see temperatures heat up. The S&P 500 has been on fire, with the index breaking record after record during the month of August and now sitting at 3,526.65 points. As its 2020 S&P 500 price target… Continue Reading…
September 1, 2020
“Eastman Kodak’s recent roller-coaster ride continued on Tuesday as shares surged 40% on the back of D.E. Shaw establishing a position in the company. A filing with the Securities and Exchange Commission on Monday night showed that the hedge fund has… Continue Reading…
September 1, 2020
“More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it denied them the same opportunities as White operators and pushed them out of the system. The 52 Black plaintiffs claim that McDonald’s violated federal anti-discrimination law… Continue Reading…
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