Municipal-bond exchange-traded funds took in the most money on record in the week ending June 16, as investors continue to snatch up debt issued by local governments.
(Reuters) -A U.S. federal judge has ruled that Lithium Americas Corp may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from environmentalists who said the digging could harm sage grouse and other wildlife. The ruling marked a rare win for a U.S. critical minerals project as environmental groups increasingly pressure courts and regulators to block mining projects, even if they produce metals key to building electric vehicles. Chief Judge Miranda Du of the federal court in Reno, Nevada, said late on Friday that the digging - needed to determine whether the land holds historical import for Native Americans - may proceed while she determines the broader question of whether former President Donald Trump's administration erred when it approved the project in January.
The host city for Nio, Inc.'s (NYSE: NIO) annual gala event, where it customarily makes new product and services announcements, has been finalized. What Happened: Suzhou, a city located west of Shanghai, China's business capital, has been finalized to hold the fifth annual Nio Day, the CnEVPost reported. The choice of the host city marks the culmination of a multi-step process that includes the invitation of bids, shortlisting of cities based on preliminary surveys and voting of Nio users on the
Advocates say benefits haven't kept up with inflation — and that probably won't change.
(Bloomberg) -- China announced a broad set of reforms for private education companies, seeking to decrease workloads for students and overhaul a sector it says has been “hijacked by capital.”The new regulations, released over the weekend, ban companies that teach school curriculums from making profits, raising capital or going public. They can no longer offer tutoring related to the school syllabus on weekends or during vacations. They also can’t give online or academic classes to children under
After an epic run following initial economic lockdowns (and a concurrent "market crash") last spring, stocks rallied and finished 2020 strong with double-digit percentage returns. Plus, buying shares of growing businesses is one way to beat the market when it does finally take a tumble. Three stocks you can start buying right now are Intuitive Surgical (NASDAQ: ISRG), Lemonade (NYSE: LMND), and Texas Instruments (NASDAQ: TXN).
Intel (NASDAQ: INTC), the world's largest manufacturer of x86 CPUs for PCs and data centers, is closely scrutinized by tech and financial pundits. Back in 1965, Intel's co-founder Gordon Moore predicted the number of transistors within the same area of silicon would double every year. Using Moore's Law as its foundation, Intel deployed a "tick-tock" cycle for chip upgrades: Each "tick" produced a smaller chip with a higher density, while each "tock" upgraded its architecture but didn't reduce its size.
Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.
The past 16 months has been incredible for stock market investors. Since bottoming out on March 23, 2020, the S&P 500 Index, a great proxy for the U.S. stock market, has gained over 101% in total returns, more than doubling in value over that period. Let me put it another way to stress how wonderful this period has been: Based on the stock market's usual average rate of return, it usually takes eight years to earn that kind of return.
Shares of Nvidia (NASDAQ: NVDA) rose nearly 8% this week, following bullish analyst remarks. On Monday, Nvidia's stock price appeared to benefit from positive comments from Morningstar. "After taking a fresh look at our thesis on Nvidia, we are raising our moat rating to wide from narrow, thanks to intangible assets related to the design of graphics processing units (GPUs)," said Morningstar analyst Abhinav Davuluri.
At the moment, none seems to be stirring more of a buzz than inflation. Earlier this month, the Bureau of Labor Statistics reported that 12-month inflation, as measured by the Consumer Price Index for All Urban Consumers (CPI-U) was 5.4% in June 2021.
It's fair to say that Pfizer (NYSE: PFE) and Moderna (NASDAQ: MRNA) are dominating the coronavirus vaccine market these days. Their vaccines have fully immunized 86 million and 62 million Americans, respectively.
(Bloomberg) -- China unveiled a sweeping overhaul of its $100 billion education tech sector, banning companies that teach the school curriculum from making profits, raising capital or going public.Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardize billions of dollars in foreign investment. Companies that teach school subjects can no longer accept overseas investment, which could include capital from the offshore registered entities
Buyback announcements this year have already hit $431 billion, exceeding 2020’s $307 billion total. That number should continue to grow, and it could top the previous record of $1 trillion on a rolling 12-month basis.
Bank of America Corporation ( NYSE:BAC ) has announced that it will be increasing its dividend on the 24th of September...
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
After last year's impressive rebound, the U.S. stock market has shown no signs of slowing down. On Friday, the S&P 500, Nasdaq Composite, and the Dow Jones Industrial Average all closed at record highs. Scott Levine (Hyzon Motors): If Hyzon Motors isn't a name you remember seeing among the other usual fuel cell suspects, it's not that surprising.
BioNTech and Pfizer look for the vaccine to rake in sales of around $26 billion this year. BioNTech's shares are trading at a seeming bargain because investors aren't sure how much recurring revenue the company will be able to count on after 2022. If booster doses are needed going forward, BioNTech's future sales could be massive for a long time to come.
Pfizer (PFE) stock has been among the under-performers in the last 12 months. Even with the positive tailwinds related to the vaccine against COVID-19, the stock has trended higher by just 12% during this period. Considering several business catalysts and forward valuation, it seems that PFE stock is undervalued. While the broad markets trade near all-time highs, Pfizer stock trades at an attractive forward price-to-earnings-ratio of 11.0. (See Pfizer stock charts on TipRanks) Let’s discuss the
If you buy stakes in game-changing businesses, you have the opportunity to take a large sum of money and turn it into a life-altering amount of cash. Whereas real estate is traditionally a slow-growing, if not boring, sector, technology-driven real estate company Redfin (NASDAQ: RDFN) is showing Wall Street that it has the ability to completely change how properties are purchased, sold, and viewed. Traditional real estate companies charge up to a 3% commission/listing fee when a home is bought or sold.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Staar Surgical Co. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.