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Stocks

“Tesla shares slide 5% after Elon Musk proposes selling 10% of his stock in a Twitter poll”

“Tesla shares fell by more than 5% in morning trading Monday after CEO Elon Musk asked his Twitter followers if he should sell 10% of his stock in the electric vehicle company. Shares of Tesla slipped 5.3% to $1,157.30 at 09:16 a.m. ET… Continue Reading…

Stocks

“NVIDIA Stock Is A Big Money Favorite”

“…In 2021, the stock has attracted 24 Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead. Now, let’s check out technical action grabbing my attention: 1-month outperformance vs. Vanguard Information Technology ETF (+17.89% vs.… Continue Reading…

Stocks

“GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast”

“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…

Stocks

“Is Exxon Stock A Buy Ahead Of Q3 Earnings As Oil Prices Hit Multi-Year Highs?”

“FactSet analysts expect Exxon to swing to a profit of $1.56 per share in Q3 vs. an 18 cents per share loss in the year-ago quarter. Revenue is seen climbing 54% to $71.13 billion. Exxon has remained committed to its… Continue Reading…

Stocks

“Snap stock plummets 25% after iOS ad tracking changes hit revenue”

“Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.Shares of Snap (SNAP), which owns the popular photo and video… Continue Reading…

Banking, Stocks

Trend: Banking Taking In Big Profits

“Citigroup profit surges 48%, driven by strong trading revenue” https://www.cnbc.com/2021/10/14/citigroup-c-earnings-q3-2021.html “Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations” https://www.cnbc.com/2021/10/14/wells-fargo-wfc-earnings-q3-2021.html “Bank of America tops estimates on reserve release, strong advisory and asset management results” https://www.cnbc.com/2021/10/14/bank-of-america-bac-earnings-q3-2021-.html To be… Continue Reading…

Stocks

“2 Dividend Stocks Under $10 With at Least 11% Dividend Yield”

“Falcon Minerals Corporation (FLMN) We’ll start in the energy industry. Falcon Minerals is a small-cap oil and gas company, with ownership of energy and mineral rights on more than a quarter-million acres in the Texas Permian Basin… Overall, Falcon has 5… Continue Reading…

Stocks

“Only 2 Stocks Outperform Every Fall, Offering Rare Moneymakers”

“Just two stocks in the S&P 500, consumer staples firm Lamb Weston (LW) and financial MarketAxess Holdings (MKTX), topped the index in each of the past three fall seasons, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith…… Continue Reading…

Business, Stocks

“PSEG boosts dividend, sets $500 million stock buyback”

“PSEG said Monday it’ll increase its annual dividend by 12 cents a share to $2.16 per share beginning in the first quarter of 2022 and buy back $500 million in stock after it closes the $1.9 billion sale of its… Continue Reading…

Stocks

“The stock market would plunge 33% if the [US] government defaults: Moody’s”

“”Stock prices would be cut almost in one-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is… Continue Reading…