News Archives - Page 2 of 351

Oil futures hold their ground above $50 as supply cuts outweigh demand concerns

Last Updated: January 8, 2021

Oil futures are posting their fourth consecutive day of gains after a decision from Saudi Arabia to cut its daily output by one million barrels […]

How the Rise in Tesla Stock has Made both Millionaires and Paupers

Author: Mohit Oberoi

Last Updated: January 8, 2021

Tesla stock rose almost 8% on Thursday to made a new record high. Its CEO Elon Musk became the world’s richest person yesterday amid the […]

UK Competition Watchdog Probes Nvidia-Arm Deal

Author: Mohit Oberoi

Last Updated: January 7, 2021

Nvidia stock fell 5.9% on Wednesday after the UK competition watchdog Competition and Markets Authority (CMA) said that it would probe the company’s acquisition of […]

Smith and Wesson shares jump amid US Capitol incident and Democrat’s win

Author: Alejandro Arrieche

Last Updated: January 7, 2021

Yesterday’s chaos in the United States Capitol and the victory of Democrats in Georgia’s runoff election propelled the price of Smith and Wesson shares as […]

Bitcoin hits $35,000 after JP Morgan casts bold long-term target

Author: Alejandro Arrieche

Last Updated: January 6, 2021

The price of Bitcoin (BTC) is soaring to new highs today after JP Morgan cast a bold $146,000 long-term target for the cryptocurrency, deeming it […]

Could ExxonMobil Stock be a Winner in 2021 after a Dismal 2020?

Author: Mohit Oberoi

Last Updated: January 6, 2021

2020 was a dismal year for energy companies like ExxonMobil (XOM) as crude oil prices plummeted during the year. However, things are looking up for […]

Electric Vehicle SPACs Plunge: Should You Buy the Dip?

Author: Mohit Oberoi

Last Updated: January 5, 2021

After a strong 2020, electric vehicle companies have started 2021 on a mixed note. While electric vehicle producers like Tesla, NIO, and XPeng Auto gained […]

US stock futures advance slightly after a bumpy first day of trading

Author: Alejandro Arrieche

Last Updated: January 5, 2021

US stock futures are trading slightly higher this morning as investors regain some confidence about the future of the global economy despite a bumpy first […]

Gold futures climb above $1,900 amid weaker dollar

Author: Alejandro Arrieche

Last Updated: January 4, 2021

Gold futures are climbing above the $1,900 threshold for the first time since early November as the US dollar continues to dive. The precious metal […]

Tesla Ended 2020 with Another Record but Would It be Enough?

Author: Mohit Oberoi

Last Updated: January 4, 2021

Tesla delivered a record 180,570 cars in the fourth quarter of 2020 taking its full-year deliveries to 499,550. The company created several records in the […]