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Stocks

“Brent Crude Tumbles Below $40 in Wake of Souring Demand Outlook”

“Crude in London tumbled below $40 a barrel for the first time since late June in the wake of faltering demand and weaker equities dampening market sentiment. Brent futures tumbled as much as 5.3% to $39.77 a barrel on Tuesday.… Continue Reading…

Stocks

“SMIC, China’s largest chipmaker, plunges 23%…”

“GUANGZHOU, China — Shares of Semiconductor Manufacturing International Corp (SMIC), China’s biggest contract chipmaker, plunged over 23% on Monday, after the U.S. government said it was considering putting export restrictions on the company.  The firm’s Hong Kong-listed shares plummeted by 22.88% to… Continue Reading…

Stocks

“Billionaire Ken Griffin Snaps Up These 3 “Strong Buy” Stocks”

“AVEO Pharmaceuticals (AVEO)… Griffin is among those singing AVEO’s praises. Increasing its holding by a whopping 2,357%, Citadel bought up 383,720 shares in Q2. With the total position now landing at 400,003 shares, it is valued at $1,824,013… IDEAYA Biosciences… Continue Reading…

Stocks

“DraftKings rallies 8% as Michael Jordan joins betting company…”

“Shares of DraftKings rose 8% on Wednesday after the company said Michael Jordan is joining the betting company as a special advisor to the board of directors.  Jordan, a member of the National Basketball Association Hall of Fame, will have an equity… Continue Reading…

Stocks

“Market Crash Protection: 3 Defensive Stocks”

“Territorial Bancorp (TBNK)… Compass Point analyst Laurie Hunsicker makes TBNK her top pick, rating the stock a Buy and giving it a $30 price target that suggests a robust 40% upside potential. (To watch Hunsicker’s track record, click here)… America’s Car-Mart (CRMT)… With… Continue Reading…

Stocks

“Buy General Electric at $6.50 Before It Jumps 150%”

“After a disappointing summer, General Electric (NYSE:GE) finally looks set to recover… The QSR scores have been quick to spot GE’s comeback. Over 60% of the firm’s revenues now come from its high-margin aviation and medical businesses. Its loss-making renewable energy segment… Continue Reading…

Stocks

“IPO shares are up a surprising 60% this year with big debuts expected”

“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…

Stocks

“3 “Strong Buy” Dividend Stocks Yielding Over 6%”

“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…

Business, Stocks

“Zoom shares drop following Tuesday’s 40% surge”

“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…

Stocks

“Oppenheimer: These 3 Penny Stocks Have Triple-Digit Upside Potential”

“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…