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Business

“Walmart’s Stock Up 28% in 2020, and Two More Numbers to Know”

“Walmart’s Stock Gains 28% in 2020… Walmart has been one of 2020’s biggest non-tech winners. While many local competitors were forced to close during the spring lockdowns, Walmart’s megastores were allowed to remain open because they sell groceries and often… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding 7% — or More; Evercore Says ‘Buy’”

“Columbia Property Trust (CXP)… Columbia Property Trust has a Strong Buy rating from the analyst consensus, based on 3 Buys and 1 Hold set in recent months. The stock’s share price is $10.77, and the average price target, at $15.50,… Continue Reading…

Stocks

“Oppenheimer: These 2 Stocks Could Double, If Not More”

“NeuBase Therapeutics (NBSE)… Are other analysts in agreement? They are. Only Buy ratings, 4 to be exact, have been issued in the last three months. Therefore, the message is clear: NBSE is a Strong Buy. Given the $16.50 average price… Continue Reading…

Stocks

“These 3 Penny Stocks Could Double (Or More), Says BTIG”

“Venus Concept (VERO)… To this end, Thibault rates VERO a Buy along with a $7 price target. This target conveys the analyst’s confidence in VERO’s ability to climb 231% higher from current levels… Minerva Neurosciences (NERV)… What does the rest… Continue Reading…

Economy

“Americans spend more than $5,000 a year on grocery shopping…”

“The average American spends about $5,174 a year, or roughly $431 a month, on groceries, according to a sample budget based on the latest spending data available from the location intelligence firm Esri. That’s more than Americans spend on dining out ($3,675 annually)…”… Continue Reading…

Stocks

“Salesforce stock is surging more than 25% a day after its blockbuster earnings report”

“Shares of Salesforce soared more than 27% Wednesday morning, as investors continued to rally around the enterprise-software company’s strong fiscal second-quarter earnings.  Salesforce reported adjusted earnings per share of $1.44 on revenue of $5.15 billion on Tuesday. That blew away analyst expectations of… Continue Reading…

Business, Stocks

“Tesla, world’s most valuable auto maker, is now worth more than Walmart”

“Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months. The stock, which touched a low of about $350 in March, has almost quintupled since… Continue Reading…

Business

“Kodak shares tank more than 40% as government loan is put on pause…”

“Shares of Eastman Kodak plunged more than 40% at the low on Monday after a federal agency said it was reviewing a previously announced $765 million loan for the onetime photography pioneer to produce drug ingredients. “Recent allegations of wrongdoing raise serious… Continue Reading…

Business, Economy

“U.S. retail sales pop more-than-expected in June”

“U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment. The Commerce Department said on Thursday retail sales rose 7.5% last month. That was… Continue Reading…

Business

“Elon Musk is now worth more than Warren Buffett as Tesla stock continues to break records”

“Tesla CEO Elon Musk is now the seventh-richest person in the world, surpassing legendary investor Warren Buffett, as Tesla’s stock continues to skyrocket.  Musk surpassed Buffett on Friday after Tesla shares hit an all-time high, giving Musk a net worth of… Continue Reading…