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US stock futures are starting the week on an upbeat tone as investors appear to be optimistic about the impact that vaccinations will have on the country’s economic outlook. E-mini futures of the value-focused Dow Jones Industrial Average are leading today’s uptick, advancing 244 points – or 0.82% – so far during the European futures…
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Facebook shares closed 1.9% lower yesterday in line with the fall in the Nasdaq Index. The Federal Trade Commission (FTC) and a group of 48 state attorneys general have filed two lawsuits accusing it of monopoly and calling for a break-up of the social media giant. To be sure, lawmakers have been uncomfortable with Big…
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GameStop stock was trading sharply lower in pre markets today after its earnings release failed to cheer markets. While the company posted a narrower than expected loss, its revenues missed estimates. It also announced a share issuance plan to raise capital. GameStop released its fiscal third quarter 2020 earnings for the quarter ended October 31…
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Gene Munster, the co-founder of Loup Ventures, expects Tesla’s market capitalization to cross above $2 trillion over the next three years. So far, Apple is the only company that crossed the $2 trillion in market capitalization. Can Tesla achieve the feat? Tesla stock has been on a fire this year and has made over 30…
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We’re now approaching the end of 2020 which has been a volatile year for US stock markets. After plunging in February and March, US markets have not only recovered but scaled new highs. Now, Barclays has come up with the stocks that it forecasts could deliver higher returns in 2021. US stock markets in 2020…
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US stock futures are pointing to a higher open for today’s shortened stock trading session, as vaccine optimism keeps market sentiment on an upbeat tone. Futures of the tech-heavy Nasdaq 100 index (NQ) are leading the uptick today, advancing 0.3% at 12,192 while they accumulate a 2.4% gain since the week started, followed by the…
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If you’re on the hunt for a new brokerage, 101Investing is worth a look. This broker is relatively new on the global scene, but it’s made a splash in the trading community. 101Investing offers 0% commission trading and low spreads, so you can keep more of your profits from every trade. On top of that,…
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Renewable energy stocks have been on a fire this year. Yesterday, FuelCell Energy (FCEL) stock soared over 54% and opened higher today also. To be sure, the rise is not limited to FuelCell Energy only. Tesla soared 6.5% yesterday to a new record high. Tesla stock is up sharply this month after the news that…
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Global markets are cautiously higher this morning after the release of more positive data on the vaccine front while US treasury yields are ticking higher as a risk-on attitude from investors persists. China’s Shanghai Composite Index appears to be leading the rally as the Asian benchmark advanced 1.1% at 3,414, followed by Singapore’s Straits Time…
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US stock futures are climbing this morning as vaccine hopes keep lifting market sentiment after week’s of strong volatility, while news from a trade deal between multiple Asian countries are also contributing to today’s positive performance. E-mini futures of the Dow Jones Industrial Average are leading the uptick by advancing almost 300 points so far…
