Month: November 2020

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With the news headlines saturated by so many heavy impact events, it has almost been forgotten that the earnings season is not over yet.Next week will see one of 2020’s star performers step up to the plate. Nvidia (NVDA) will report quarterly results on Wednesday, November 18, and avid Street watchers will be keen to find out if the semiconductor giant hit another home run.So far, Nvidia has had an excellent 2020. The company has been a prime beneficiary of Covid-19 driven secular trends such as gaming and data center, Nvidia’s main bread winners.Overall, Deutsche Bank analyst Ross Seymore anticipates …read more […]

It’s a mixed start to the day for the majors. A Bitcoin move through to $16,500 levels would support the broader market. …read more […]

China’s post-pandemic economic recovery got further confirmation on Wednesday. Shaking off any loosely hanging Covid-19 shackles, Alibaba’s (BABA) 11.11 shopping festival proved to be another roaring success.Boosted by a first-time extra sales window between November 1-3, the annual Double 11 shopping extravaganza hauled in gross merchandise value of ¥498 billion (~$74 billion), amounting to 26% year-over-year growth, in line with the 26% uptick of 2019.The event drew in 800 million participants, and Alibaba said that during peak activity, the platform was processing 583,000 orders per second. Overall, there were 250,000 brands selling discounted goods, including 31,000 overseas brands.RBC analyst Mark …read more […]

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While the Nikola (NKLA) story will probably go down as only an anecdote in 2020’s book of earth-shattering developments, it will still make for an interesting chapter.There have been plenty of twists and turns already and the latest development has Nikola pivoting back to its original plan. At least that is what J.P. Morgan analyst Paul Coster thinks.Prior to founder Trevor Milton’s departure, Nikola was meant to close a deal with General Motors. But the auto giant still hasn’t signed on the dotted line, and it is still unclear whether GM will throw its weight behind the development of the …read more […]

Nio Inc’s (NYSE: NIO) scintillating rally came to a screeching halt Friday after short seller Citron Research spoiled the party by suggesting the EV maker’s astronomical valuation becomes unjustifiable.Nio’s Rally and The Hard Fall: Nio’s stock, which ended 2019 at $4.02, began to turn the corner along with the post-COVID recovery in deliveries. The rally picked up steam amid the company’s conscientious efforts to innovate, cut the flab and work further on its service-focused approach.Ahead of Friday’s session, the stock was up about 1,100% compared to Tesla Inc’s (NASDAQ: TSLA) 392% advance.Nio started Friday’s session on a strong note, thanks …read more […]

I’ve been using Charles Schwab for many years now and I’ve set up a few separate accounts within its platform. So, I can give a hands-on Charles Schwab review. It’s a popular brokerage and I’ve seen it adapt over the years.
Overall, it remains a top choice for good reasons. One big draw to it is that it’s a comprehensive platform. It offers savings, checking and a wide range of investment services. This makes it a one-stop-shop for all your financial needs. And competition is high in the space but Schwab continues to adapt.
To start this review, let’s look at some …read more […]

Loreen Gilbert, WealthWise Financial CEO, joined Yahoo Finance Live to discuss her market outlook, sectors of the market she’s watching, and what she’s expecting out from the holiday shopping season. …read more […]

(Bloomberg) — Electric vehicle startups extended their winning streak on Friday, buoyed by strong earnings results from some of their peers and Joe Biden’s presidential win.ElectraMeccanica Vehicles Corp., Nikola Corp. and Lordstown Motors Corp. all surged higher, while Tesla Inc., the established front-runner in the space, sat out the rally. Nio Inc., whose shares rose sharply earlier in the day, eversed their gains to fall as much as 16%, after Citron Research said it was “time for investors to rotate out” of the stock.The strongest gains came from Vancouver-based ElectraMeccanica, which is developing a three-wheeled electric vehicle. Its shares have …read more […]

CALGARY, AB and LANSING, Mich., Nov. …read more […]

It seems Tesla Inc (NASDAQ: TSLA) is infiltrating many aspects of life, including automotive, software, energy production and storage. Now, even hailing a cab in New York City could bring a Tesla right to you.The Tesla Model 3 is the first all-electric yellow taxi cab in New York City, according to Business Insider. The vehicle received approval from the city one year ago to operate as a taxi, and now the cars are finally available. Unlike other cabs that operate 24 hours a day, the Model 3s are brought in overnight to charge.The first Model 3 taxi completed over 100 …read more […]

This TD Ameritrade review will break down the reasons why this platform may be right for you. We’ve done a deep dive into TD Ameritrade, breaking down the pros and cons of the platform, including its tools, fees and capabilities. We’ll answer the most important question for investors: is TD Ameritrade good?

What is TD Ameritrade?
TD Ameritrade was founded in 1971 and has since evolved into one of the premier online trading platforms during the Internet Boom of the 1990s. Today, the company is an offshoot of Charles Schwab and may be folded into the company sometime in the next several …read more […]

Markets continued their upward trend this week, gaining ground since the November 3 vote. There is an optimistic view that politics will settle into a more normal pattern with a new Administration. Even so, investors have been wary this past autumn – as there is plenty to be wary about. The coronavirus has started a comeback with the advent of cooler weather, and the political uncertainty that surrounded the election has left the status of further economic stimulus packages in limbo.It’s times like these that investors start taking a renewed interest in dividend stocks. These are the classic defensive stocks, …read more […]