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Cryptocurrencies

“Bitcoin price rises as second-biggest cryptocurrency ether hits all-time high”

“Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 hours to trade… Continue Reading…

Stocks

“Domino’s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435”

“However, Domino’s diluted EPS was $2.49 for the third quarter of 2020, lowered than the market expectation of $2.79, but better than $2.05 in the prior-year quarter. That lower-than-expected profit on was largely due to surge pandemic-related costs – general… Continue Reading…

Business

“T-Mobile Shares Gain Over 6% After Earnings Beat; Buy with Target Price $138”

“The U.S. wireless carrier said its total service revenues increased year-over-year to $14.1 billion in Q3 2020 and total revenues increased year-over-year to $19.3 billion in Q3 2020, driven by the Sprint merger and continued customer growth. That was higher… Continue Reading…

Cryptocurrencies, Investing

“Bitcoin prices surge to highest since 2018 — here’s why”

“PayPal said that users on its platform will be able to purchase bitcoin  BTCUSD, 0.73%, as well as other sister cryptos like ethereum ETHUSD, 4.79%,  bitcoin Cash BCHUSD, 5.59%  and Litecoin LTCUSD, 4.24%.   That news has helped to drive the value of bitcoin to just under $13,000, marking its highest level since around January… Continue Reading…

Business, Stocks

“Ford Motor Q3 China Sales Rise 25%, Biggest Jump Since 2016; Target Price $10 in Best Case”

“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…

Stocks

“Nio’s stock jumps toward a record after J.P. Morgan nearly triples its price target”

“Shares of Nio Inc. shot up 9.8% toward a record high in premarket trading Wednesday, after a bullish call on the China-based electric vehicle maker from J.P. Morgan. The stock was on track to open above the Oct. 12 record… Continue Reading…

Stocks

“Peloton Shares Rise on Analyst’s Bullish Price Target”

“Peloton stock (ticker: PTON) has soared 470% in the past 12 months, giving the maker of interactive exercise equipment a market value of $37.9 billion. Baird analyst Jonathan Komp raised his target to $140 from $120 on Tuesday, arguing that… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Trading at Rock-Bottom Prices”

“Scorpio Tanker (STNG)… Overall, the Strong Buy analyst consensus rating here is unanimous, based on 4 recent Buy reviews. Scorpio Tanker is currently trading at $10.69, and its $28.75 average price target suggests a one-year upside of 168%… International Seaways… Continue Reading…

Real Estate

“Existing home sales jump to 14-year high, as prices set another record”

“Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5% higher compared with August 2019. This is the highest sales pace since December 2006,… Continue Reading…

Real Estate

“July home sales spike a record 24.7% as prices set a new high”

“Sales of existing homes soared 24.7% in July from June, according to the National Association of Realtors. That’s the strongest monthly gain in the history of the survey, going back to 1968, and the highest sales pace since December 2006.… Continue Reading…