Cree, Inc. (CREE) shares rose about 2% during Wednesday's session after Citi upgraded the stock to Buy and raised its price target to $160 – a 35% premium to the current market price. Key Takeaways Cree shares opened higher after Citi upgraded the stock to Buy with a $160 price […]
Read moreShopify (SHOP) Option Traders Optimistic, but …
Optimistic traders have bid up the share prices for Shopify Inc. (SHOP) ahead of its quarterly earnings announcement. There's no way to accurately predict the direction a stock will move after the announcement. However, a comparison of the price action between stock prices and option prices shows that if Shopify shares fall, creating a reversion back to its 20-day […]
Read morePalantir (PLTR) Tests Support After Surprise Q4 Loss
Palantir Technologies Inc. (PLTR) shares fell more than 8% during Tuesday's session after a surprise fourth quarter loss. Key Takeaways Palantir Technologies moved sharply lower after reporting an unexpected bottom-line loss during the fourth quarter of 2020. Revenue increased 40% over the prior year to $322.1 million, but the company […]
Read moreBest Bank ETFs for Q2 2021
Bank exchange-traded funds (ETFs) offer investors exposure to the banking and financial sector of the economy. Banking services include taking deposits, making loans, and facilitating payments. Other financial services include investment management, retirement planning, insurance, and brokerage services. Aside from charging fees for these services, banks earn profits by charging […]
Read moreThe Best (and Only) Airline ETF for Q2 2021
An airline exchange-traded fund (ETF) can provide diversified exposure to the air travel industry, including aircraft manufacturers, airline operators, airports, and terminal services. The U.S. airline industry includes major carriers such as American Airlines Inc. (AAL), Delta Air Lines Inc. (DAL) and Southwest Airlines Co. (LUV). The industry has suffered […]
Read moreSPACs Look Like a Bubble Within a Bubble
While we have talked about the general froth in the initial public offering (IPO) market, it is time to focus on one of the major drivers – special-purpose acquisition companies (SPACs). SPAC IPOs accounted for over half of all IPOs in 2020 and are already set to make up a […]
Read moreThe Best (And Only) Auto ETF for Q2 2021
Automotive exchange-traded funds (ETFs) provide exposure to the performance of companies within the global automobile industry. The auto industry includes companies that manufacture cars, trucks, vans, and commercial vehicles. It also includes companies that supply automobile parts. Well-known names in the industry include Tesla Inc. (TSLA), now the world's largest […]
Read moreThe Investopedia City Economic Recovery Tracker
Editor's note: Investopedia will begin releasing CERT on a monthly basis. This is the first monthly retrospective report. The five cities in Investopedia’s City Economic Recovery Tracker (CERT) experienced mixed economic recoveries during the month of January. Houston and New York both faltered due to shrinking hours clocked at small […]
Read moreBiden interior pick on Dakota Access Pipeline shutdown: 'If something shuts down, then jobs can be lost
Market is worried Dakota pipeline may get shut down, impacting oil prices: Lipow Oil Associates president Lipow Oil Associates President Andy Lipow discusses the impact of extremely cold weather and President Biden’s new fossil fuel policies on gas prices. President Biden's nominee for interior secretary, Democratic New Mexico Rep. Debra […]
Read moreModerna Q4 Loss Widens
Moderna Inc. (MRNA) Thursday reported a fourth-quarter net loss that widened from last year. But quarterly revenues surged from the previous year, driven by increases in grant revenue and product sales. The company expects product sales of $18.4 billion in 2021. The company raised its lower end of global COVID-19 […]
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