On Monday, the broader markets gained with bond yields falling from last week’s high and bringing optimism back to Wall Street. Stocks across tech, aviation, energy, and electric-vehicle sectors gained properly.
Berkshire Hathaway led by chairman and CEO Warren Buffett anticipates Apple to use the huge cash reserve to exploit emerging coronavirus opportunities.
According to a technology strategist at investment bank Baird, Ted Mortonson, the new tech dynamic is FOGK (fear of getting killed).
The Bolt EV will have a starting price of $31,995 compared to the $33,995 starting price of the new 2022 Bolt Utility Vehicle.
Stock markets worldwide reacted positively to the drop in the 10-year US Treasury Yield as well as the $1.9 trillion stimulus package approved by the House.
The vaccine developed by Johnson & Johnson has varying efficacies as shown by FDA documents. In the United States, efficiency is at 72%, 66% in Latin America, and about 64% in South Africa.
Although Zoom stock is now experiencing hard times, it still holds a Zacks #1 Rank, which is a Strong Buy. Besides, Robert W. Baird analyst William Power is also maintaining a Buy rating on Zoom Video Communications. On Wednesday, he set a price target of $550.00 for Zoom shares.
In the S-1 filing, Coinbase has made crucial disclosures to the public with its plans of launching direct stock listing on Nasdaq. As per its recent valuations, Coinbase pegs a value of over $100 billion.
To double its annual revenue by 2023 as planned, Twitter would need an increase from 43.7 billion recorded in 2020 to at least $7.5 billion.
GameStock (GME) stock has started its way higher again, gaining over 100% yesterday.
Papa John’s also reported very impressive annual figures, with total revenue of $1.813 billion, a 12% increase over the 2019 record.
Overlooking the fears of inflation and rising interest rates, the stock market registered bullish momentum on the outlook of quick economic recovery. Fed Chairman Jerome Powell has said that it will take a long time for inflation to pick up.
Despite Virgin Galactic’s lack of commercial flights, Wall Street has shown some tinge of confidence in the stock performance of the company.
Mattel revealed that its focus this year is its transformation efforts, adding up to its success of reaching consumers on multiple platforms including its new direct-to-consumer offerings.
Charlie Munger was clear that in his opinion: Bitcoin could not become a medium of exchange due to its volatility.