With the legalization of hemp in various countries, new opportunities have opened up with investors looking where to put their money. This comes after years of suppression and strict regulations around the Cannabis sector. It is worth noting that marijuana and hemp are the main segments of the cannabis plant family. The difference is that…
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Several economists predict that the United States might face a recession within the next two years. A recession is a period of falling economic activity spread across the economy, lasting more than a few months. The last recorded recession was in 2008 and 2009, leaving behind enormous effects. When a recession hits, almost no company…
Penny stocks are stocks that trade at less than $10 a share. Generally, such stocks are associated with small companies and are not frequently traded, partly because of a lack of liquidity. Some of these stocks are listed on major stock brokers like the New York Stock Exchange (NYSE), but they are mostly traded over…
Tesla (NASDAQ: TSLA) stock price bounced back over the last couple of weeks after experiencing pressure during the first half. The stock is receiving support from its aggressive growth strategies. The announcement of DeepScale acquisition added to investors’ sentiments. The acquisition is likely to help Tesla in the development of fully autonomous vehicles. DeepScale’s technology…
Starbucks (NASDAQ: SBUX) stock price plunged from an all-time high of $99 following lower earnings guidance. Its stock price rallied sharply by 40% this year before the latest selloff. Its shares are currently trading around $88 a share. Starbucks stock price selloff is supported by SEC inquiry and lower earnings guidance for the full year….
The escalation of trade war tensions between China and the United States negatively impacted JD.com (NASDAQ: JD) stock price upside momentum. The United States plans to impose new restrictions on China. This time they are seeking to hurt Chinese access to international financial and capital markets. JD.com stock price dropped from 52-weeks high of $30…
Tesla (NASDAQ: TSLA) stock price has been under pressure over the last couple of months. Traders concerns over increasing market competition supported the bearish sentiments. The share price tumbled from an all-time high of $380 at the beginning of this year to $240 a share at present. Tesla stock price bounced slightly since the start…
Tesla (NASDAQ: TSLA) stock surged by 6% to $242 in the last 24 hours after introducing Software Version 10.0. This is the biggest software update ever released by the company. The information was released by Tesla in an official announcement on September 26. Tesla Introduces Software Version 10.0 Tesla stocks surged after the announcement of…
Logitech (NASDAQ: LOGI), the recognized producer of computer peripherals, decided to acquire Streamlabs, a leader in live streaming for gamers. The goal is to offer new solutions for gamers that livestream across platforms. The information was released by the company in a blog post a few hours ago. Logitech Acquires Streamlabs Logitech decided to move…
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