Finanace

(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 management in recent years.And yet a hot stock it is. Investors have … [Read more...] about EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months

Text size Stock in Spirit was outperforming both other airlines and the broader market on Monday. Bing Guan/Bloomberg Investors are pushing up shares of low-cost carriers, betting they will continue to be winners in a recovery for travel. … [Read more...] about Low-Cost Airlines Have Surged. Spirit Stock Could Still Fly Higher.

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 Elon Musk is serious about crypto as Tesla puts $1.5 billion in bitcoin

TipRanksWells Fargo: These 2 Stocks Could Climb at Least 30%After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion … [Read more...] about GameStop Shares Drop, Extending 80% Slump From Last Week

Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January and that it could accept the world’s No. 1 digital asset for payment in the future. Tesla TSLA, +1.53% revealed the purchase in a regulatory filing with the Securities and Exchange Commission on Monday, which helped to drive up bitcoin prices BTCUSD, … [Read more...] about Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000

BloombergAn EV Company With Almost No Revenue Gains 3,000% in 8 Months — Topping Tesla’s Rally(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 … [Read more...] about Tesla buys $1.5 billion worth of Bitcoin, says may accept it for payment for products in the ‘near future’

Text size D.R. Horton has gained as the real-estate market has taken off. Daniel Acker/Bloomberg The S&P 500 has set new highs yet again as earnings reports and stronger-than-expected economic data roll in and hopes … [Read more...] about Charter Communications and 14 Other Undervalued Stocks That Are Growing Strongly

At her recent Senate confirmation hearing, Janet Yellen was asked for her views on the dollar. Hearing the question, she may have felt some nostalgia for her time as chairman of the Federal Reserve, when such issues could be deflected to the Treasury secretary.  But the challenge of managing the dollar is now firmly on her shoulders. Without missing a beat, … [Read more...] about Janet Yellen Is Retiring the Strong U.S. Dollar Policy. Questions Abound.

TipRanksWells Fargo: These 2 Stocks Could Climb at Least 30%After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion … [Read more...] about Brent Oil Tops $60 as Demand Recovers After Covid-19 Devastation

TipRanksWells Fargo: These 2 Stocks Could Climb at Least 30%After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion … [Read more...] about Hong Kong Stocks Are About to Lose Biggest Source of Funds