Business Insider•46 minutes agoTesla slides after Elon Musk announced lower-cost Model 3 (TSLA)
Tesla CEO Elon Musk announced on Twitter on Thursday that a lower-cost Model 3 was immediately available for order on the company's website. The electric car will have a base price of $45,000 and is eligible for federal and state tax rebates. Tesla shares were down more than 3% Friday after — they gained as much as 2.2% earlier in the session.
- MarketWatch•5 hours ago
Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere
Marijuana presents a tremendous opportunity for investors over the next few years. Naïve investors are excited. The reality is that professionals will pick their pockets, and many naïve investors who are excited now will end up losing 90% of their investment.
- TheStreet.com•2 hours ago
How to Play P&G Stock Following Friday's Q1 Results
Nelson Peltz Somewhere, Nelson Peltz is smiling. Even if the firm remains in one large unit. Appointed to Proctor & Gamble's board of directors last December, the stock's share price may not yet be quite back to the level where it was as calendar
- MarketWatch•4 hours ago
Here’s why you shouldn’t retire super early — even if you can
Despite the many perks of early retirement — waking up whenever you want, for example — it wasn’t the easiest decision. Earnings tend to peak around 48 for men and about 39 for women, according to an analysis by PayScale.
- Investopedia•yesterday
AMD Seen Facing Huge 20% Stock Swings Amid Earnings
Advanced Micro Devices Inc. ( AMD) stock already has fallen into a bear market, down 22% from its intraday high last month. The stock faces massive volatility in the coming weeks as options traders anticipate 20% gains - or declines - in the stock by the middle of November. Options trades indicate huge uncertainty about which way the stock will go. The long straddle options strategy for expiration on November 16 suggests that the stock could rise or fall by 20% from the $26 strike price.
- CNBC Videos•4 hours ago
Now is the time to buy Canopy, says Jim Cramer
CNBC's 'Squawk on the Street' team discusses why now is the time to invest in cannabis stocks.
- CNBC•5 hours ago
Trump-approved boycott appears to be hitting Harley-Davidson amid rising trade-ins for rival Indian brand
Harley-Davidson sales continue to falter after a rough first half in which it lost share to Indian, its main U.S.-based competitor, according to BMO Capital Markets. Harley engaged in a public spat with Trump a few months ago when it said it was shifting some production overseas in response to retaliatory tariffs from abroad. "It should be disconcerting to HOG investors that most Indian dealers we speak with are seeing an uptick in Harley trade-ins for whatever the reason may be," BMO says.
- Zacks•4 hours ago
Should Value Investors Buy PG&E (PCG) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. Looking at the history of these trends, perhaps none is more beloved than value investing. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
- InvestorPlace•22 hours ago
5 U.S. Marijuana Stocks to Buy Before the Market Lights Up
As such, the full range of recreational products offered by Tilray (NASDAQ:TLRY), Canopy Growth (NYSE:CGC) and their peers can now be sold throughout Canada. One question for American investors is how that affects U.S. marijuana stocks? What happened in Canada changes little in the U.S. The federal ban on marijuana remains in place.
- Bloomberg•2 hours ago
Caterpillar, Boeing Sell Off After Honeywell's Tariff Pessimism
The company’s executives are bracing for “hundreds of millions of dollars” in earnings pressure next year from the expanded tariff lists. Caterpillar and Boeing dropped more than 1 percent while the Dow rose 0.5 percent.
Yahoo Finance•3 hours agoThe biggest US banks are battling over where to build physical branches
Many people cannot remember the last time they stepped into a bank branch. On their third-quarter earnings calls, the two largest U.S. retail banks – JPMorgan Chase (JPM) and Bank of America (BAC) — pledged expansions into new cities with a flurry of new physical branches.
Reuters•3 hours agoFord CEO seeks to rally dealers as shares sink to new low
With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results. In closed-door meetings with members of Ford's national dealer network, Hackett and other top Ford executives showed off future versions of the popular Explorer and Escape SUVs, as well as new the Ranger mid-sized pickup truck and an unnamed smaller off-road utility vehicle, attendees said. Ford has said it will refresh 75 percent of its North American lineup over the next two years.
- CNBC Videos•yesterday
Cramer: Buy FAANG now
CNBC's 'Squawk on the Street' team discusses why Jim Cramer is bullish on FAANG stocks.
- Yahoo Finance•3 hours ago
Now is a ‘once-in-a-lifetime’ chance to invest in US pot companies, investor says
With some Canadian pot stocks posting triple-digit return rates this year, many retail investors have looked north to pour cash into cannabis. U.S. cannabis companies are worth a lot more than their current valuations suggest since federal illegality has put undue pressure on the industry, said David Wenger, a New York attorney and senior editor of the Cannabis Law Digest.
- TheStreet.com•3 hours ago
Micron Buying Out Intel's Stake in Flash Memory Joint Venture for $1.5 Billion
The venture produces 3D XPoint flash memory, which Micron says is 1,000 times faster than NAND memory. Micron CEO Sanjay Mehrotra predicted that the technology will be an "essential solution for new data-hungry applications," in a press release announcing the deal. Shares of Micron gained 0.4% to $41.48 Thursday morning, while Intel was flat at $44.97.
- TheStreet.com•2 hours ago
Apple Stock Shows a Major Buying Opportunity: Chart
While volatility remains elevated, this looks like a pretty textbook example of a bull market correction rather than a crash. Apple has been a stellar stock to own in 2018, rallying almost 32% on a total returns basis since the calendar flipped to January. Compare that against around a 5.96% total return in the rest of the S&P 500, and Apple's outperformance becomes all the more impressive.
- Yahoo Finance•3 hours ago
Amex posts beat, PayPal shines, Ford makes moves
American Express beat expectations in its latest earnings. Profit was up 22% last quarter and Amex says it expects full year revenue to rise upwards of 10%. The company also says it just signed a deal to let customers pay their bills through PayPal. Speaking of PayPal, it also posted a big beat in its latest earnings report. A surge in payment volume for Venmo helped boost the bottom line, with overall revenue up 14%. PayPal says it added a record $9.1M accounts in the third quarter.
- MarketWatch•yesterday
The ‘smart money’ says it’s time to buy the Chinese internet giants and the U.S. FAANGs
When the media and investors turn negative on stocks but the “smart money” is bullish, it’s a good time to think about buying. After all, exactly what is the smart money, and how do you know? Lately, several fund managers who pass this test have been pounding the table on Chinese internet names.
- Barrons.com•17 minutes ago
Under Armour Stock Can Triple. Here’s How
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- InvestorPlace•yesterday
Is It Too Early to Get Back Into Nvidia Stock?
Amid the broader market selloff in October, NVIDIA Corporation (NASDAQ:NVDA), has also come under pressure. Despite NVDA price falling from the $290’s to the $240’s level, investors would be better off waiting a few more weeks before they invest in NVDA stock. A darling among investors over the past few years, Nvidia stock gets a lot of attention among the chip stocks.
- Fortune•23 hours ago
CEOs Have Already Spent $24 Million on the 2018 Midterm Elections. Here's Where the Money Went
America’s CEOs have spent more than $24 million in the 2018 midterms, according to a MarketWatch report, with the majority of that money going to Republicans. MarketWatch analyzed the contributions from 388 CEOs of S&P 500 companies between Jan. 1, 2017, and Aug. 31, 2018, as recorded by the Federal Election Commission. MarketWatch‘s report, released Thursday, includes a searchable database of CEO contributions.
- Barrons.com•1 hour ago
Procter & Gamble Earnings Sent the Stock Flying
(PG) (PG) stock is lifting the consumer staples sector Friday, thanks to strong earnings. Where we were: Staples have been sluggish all year, and the sector is trailing the market, even as the group has picked up some steam lately. Where we’re headed: Procter & Gamble is rallying on its earnings report, and could keep climbing.
- Barrons.com•3 hours ago
How High Can Apple Stock Go? This Analyst Says the Sky’s the Limit
The sky’s the limit for (AAPL) (AAPL), Wedbush Securities analyst Daniel Ives said in a note late Thursday that gave the company the highest price target on Wall Street. In his Overweight recommendation, Ives, managing director of equity research, initiated coverage with a $310 target on the stock, a 43.5% upside from Thursday’s closing price. Insatiable demand for Apple’s new crop of iPhones, including its highest-priced model yet (the $1,099 iPhone XS Max), will lead the charge in 2019 and beyond, Ives told Barron’s.
- Zacks•8 hours ago
AMD's Q3 Earnings to Gain on Portfolio Strength & GPU Demand
Advanced Micro Devices Inc AMD is set to report third-quarter 2018 results on Oct 24.Notably, AMD has a positive record of earnings surprises in the trailing four quarters, the average surprise being 30.97%. In the last reported quarter, earnings of 14
- Zacks•4 hours ago
BMY vs. LLY: Which Stock Should Value Investors Buy Now?
Investors interested in Large Cap Pharmaceuticals stocks are likely familiar with Bristol-Myers Squibb (BMY) and Eli Lilly (LLY). The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Right now, both Bristol-Myers Squibb and Eli Lilly are sporting a Zacks Rank of # 2 (Buy).
