Stocks slipped Tuesday as equity investors paused after a six-day winning streak.The S&P 500 fell about 0.2% shortly after market open, and the Dow shed about 100 points, or 0.3%. The Nasdaq fluctuated between small gains and losses. A day earlier, the S&P 500 rose to a fresh record intraday and closing high. The Dow posted its best start to a February since 1931 with a … [Read more...] about Stocks dip, pausing after reaching records
Finanace
HanesBrands’ Stock Rises Thanks to Earnings Beat
TipRanks3 Monster Growth Stocks That Are Still UndervaluedLet’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman … [Read more...] about HanesBrands’ Stock Rises Thanks to Earnings Beat
Ford upgraded to buy at Argus, with a price target that matches the Street high
Ford Motor Co. F, +0.43% has a new bull on Wall Street, as Argus Research analyst Bill Selesky raised his rating Tuesday to buy from hold, citing expectations for stronger consumer spending. Selesky set his stock price target at $14, which matches the highest target of the 18 analysts surveyed by FactSet. "Our upgrade reflects our expectations for … [Read more...] about Ford upgraded to buy at Argus, with a price target that matches the Street high
‘All about price and nothing about valuation’: Morning Brief
Tuesday, February 9, 2021Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeThe GameStop drama is winding down. Goldman Sachs considers what we’ve learned.It’s been less than two weeks since the craziest days of the GameStop (GME) saga.But in markets years, it feels like a lifetime ago.And so as we move past this strange event and … [Read more...] about ‘All about price and nothing about valuation’: Morning Brief
Biggest LNG Supplier Hires Builders for $29 Billion Expansion
(Bloomberg) -- Qatar hired engineers for a planned $29 billion expansion of its capacity to produce liquefied natural gas, seeking to cement its position as the world’s biggest supplier of the fuel.While Australia, the U.S. and other producers have been ramping up output, Qatar’s LNG capacity has stayed mostly flat for a decade. Gas, a cleaner-burning alternative to crude oil, … [Read more...] about Biggest LNG Supplier Hires Builders for $29 Billion Expansion
Bitcoin At $100,000 Before The Year Is Out, Says Novogratz
BloombergEV Company With Almost No Revenue Posts 3,000% Gain in 8 Months(Bloomberg) -- There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through … [Read more...] about Bitcoin At $100,000 Before The Year Is Out, Says Novogratz
10 tax deductions that have disappeared
10 tax deductions that have disappearedAs tax season approaches, it's important to know how to maximize your return.If you’re eager to start combing through your documents looking for deductions, remember that some common tax breaks were removed by the 2017 tax law, officially called the Tax Cuts and Jobs Act.President Joe Biden has said he wants higher-income households paying … [Read more...] about 10 tax deductions that have disappeared
Should GE Try To Acquire FuelCell Or Plug Power In 2021?
BloombergEV Company With Almost No Revenue Posts 3,000% Gain in 8 Months(Bloomberg) -- There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through … [Read more...] about Should GE Try To Acquire FuelCell Or Plug Power In 2021?
So you made a bundle on GameStop. Get ready to pay the taxes
If you’re among the investors who made money in the recent rally of GameStop, AMC and other high-flying stocks, be prepared to pay the taxman.You may not be aware you'll be on the hook for paying capital gains taxes on any profits, an issue that seasoned investors are focused on since a tax hit lowers their after-tax rate of return.But first, it’s important to be aware of when … [Read more...] about So you made a bundle on GameStop. Get ready to pay the taxes
Novavax Shares Pass The $300 Mark: Is The Rally Sustainable?
BloombergEV Company With Almost No Revenue Posts 3,000% Gain in 8 Months(Bloomberg) -- There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through … [Read more...] about Novavax Shares Pass The $300 Mark: Is The Rally Sustainable?