Trading Ideas
Coronavirus has caused an 'oil demand shock' to prices: Goldman Sachs
Oil prices have hit the skids thanks to the coronavirus. …read more […]
Month: February 2020
Trading Ideas
Lyft Stock Rises as Earnings Report Approaches
Lyft stock got off to a rough start after its initial IPO in March of 2019. However, the ridesharing company looks to turn things around in 2020, gaining 8.95% over the past month before its next earnings report in the coming weeks.
Lyft Stock Performance Review in 2019
Lyft (NASDAQ: LYFT) made its initial public offering on March 29, 2019 at $72 per share for a valuation of $20.6 billion. This was up from the original projections of around $60 to $70. Yet, Lyft stock started strong that day, opening at $87.33 due to rising interests.
Unfortunately, it wasn’t a great day after …read more […]
Business News
Wall Street jumps 1% at open as China stimulus calms investor nerves
Wall Street’s main indexes rose about 1% at the open on Tuesday, marking a second day of recovery from a coronavirus-driven sellfoff last week, with fresh intervention by China’s central bank calming investor nerves.
Business News
Another day, another record: Tesla shares hit $900
Shares of Tesla Inc surged 15% on Tuesday to hit the $900 mark, extending a stunning rally that has more than doubled the company’s market value since the start of the year as more investors bet on Chief Executive Elon Musk’s vision.
Trading Ideas
Buttigieg among candidates who claimed victory in Iowa
Compass Point Director of Policy Research Isaac Boltansky joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss the details of the Iowa Caucuses and the impact it could have on the markets on The First Trade. …read more […]
Business News
Wall St. eyes strong open as China stimulus calms investor nerves
Wall Street’s main indexes were set to open sharply higher on Tuesday, marking a second day of recovery from a coronavirus-driven sellfoff last week, with fresh intervention by China’s central bank calming investor nerves.
Trading Ideas
Verizon Communications Inc. Yearly Results: Here's What Analysts Are Forecasting For Next Year
Last week, you might have seen that Verizon Communications Inc. (NYSE:VZ) released its annual result to the market… …read more […]
Business News
Taps open for Saudi listings after Aramco’s record IPO
Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco’s record IPO.
Trading Ideas
Is JD.com, Inc. (NASDAQ:JD) Expensive For A Reason? A Look At Its Intrinsic Value
In this article we are going to estimate the intrinsic value of JD.com, Inc. (NASDAQ:JD) by taking the expected future… …read more […]
Business News
Siemens Gamesa boosting risk management to fend off project delays: CEO
Wind turbine maker Siemens Gamesa is acting fast to manage risks on its projects around the world to avoid a repeat of the delays that dragged it to a loss at the beginning of this year, Chief Executive Marcus Tacke said on Tuesday.
Business News
Stocks, commodities firmer as China works to cool virus worries
World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves and both Europe and metals scoring their best day of the year so far.
Business News
Futures surge as China liquidity measures calm investor fears
U.S. stock index futures jumped 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh intervention by China’s central bank calming investor nerves.
Business News
Starboard pressures eBay to sell classifieds business
Activist shareholder Starboard Value LP on Tuesday sent a letter to eBay Inc’s board, saying the ecommerce company has not made enough progress in its plan to separate its classifieds business.
Trading Ideas
Analysts: These 3 Dow Jones Stocks Look Like Solid Buys After Earnings
There are thousands of stocks traded in the major exchanges, and it’s not easy to track their movements. A head for numbers helps, but so does a knack for timing. Understanding both helps to make sense of the earnings season.Once every quarter, publicly traded companies are required to release their financial results – revenues, sales numbers, earnings, and the like. These are the metrics that stock followers use to decide their investment allocations, and share prices tend to rise and fall on the expectations, and the realities, of the quarterly reports.Just last week, three great stalwarts of the Dow Jones …read more […]
Business News
Ralph Lauren beats quarterly revenue estimates
Ralph Lauren Corp inched past holiday-quarter revenue estimates on Tuesday, helped by demand for its winterwear in Europe and North America.