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BEP earnings call for the period ending June 30, 2021.
How are we going to find a way forward in today’s market environment? The general trend is upwards – the S&P 500 has gained 20% so far this year, and the NASDAQ is close behind at 19% – but market strategists at Goldman Sachs are predicting a pull back before the end of the year, and have scaled back their growth forecast for the S&P to from 6.2% to 5.7%. August’s weak jobs report and rising inflation prompted their shift. Looking at the headwinds, Goldman’s Ronnie Walker says, “The Delta varian
As retailers gear up for the holiday season, a record number of container ships trying to bring imported goods into the US are stuck off the coast of California, another casualty of ongoing disruptions to the global supply chain. Sixty-five vessels were waiting to dock at the ports of Los Angeles and Long Beach in the San Pedro Bay Sept. 16, according to the Marine Exchange of Southern California, a record high. Captain Kip Louttit of the Marine Exchange told Quartz that an unprecedented 23 of these ships are in a drift area—meaning there is no room for them to anchor in the water.
Evergrande, a Chinese property giant, faces defaul next week. So far, global investors have shrugged off the event, but they should be paying attention.
(Bloomberg) -- The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate. The share of people who think now is a good time to buy a home fell in September to 29%, extending the plunge from March when the proportion was more than twice as high, data from the University of Michigan consumer sentiment survey showed Friday. It’s also the smallest chunk of respondents since 1982.Back then, the average for a 30-year fixed rate mortga
More than half of Americans (56%) started tipping more for restaurant food last year, according to a new Bank of America survey. Should you join them?
As the trading week wound down Friday, shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) jumped up 4.3% through 1:40 p.m. EDT. You can probably thank J.P. Morgan for that. In a note this morning summing up its findings after recently meeting with Plug management, reports TheFly.com, J.P. Morgan analysts doubled down on their overweight rating on the stock.
Almost one third of all working age men in America aren’t doing diddly-squat. They don’t have a job and they aren’t looking for one either. How do they live? What are they doing for money? To me, this is one of the great mysteries of our time.
With the S&P 500 just below its 50-day , the market rally is at a turning point. What should investors do now?
Let the Oracle of Omaha be your guide in today's tough market.
In this article we will take a look at the some of notable stocks on the move today. You can skip our detailed analysis of these stocks and go to read Why These 5 Stocks Are On the Move on Friday It’s another red day on Wall Street with all three major indexes lower. As […]
Following a bearish Wednesday, a Bitcoin move back through to $48,000 levels would support the broader market.
The phones, which were introduced in the latest of Apple's long series of "events" earlier in the week, apparently weren't as available as intended. According to a report on CNBC published Friday morning, several holders of the company's Apple Card had difficulties with their iPhone 13 orders -- so much so that "Apple Card" became one of the top trending phrases on Twitter. The typically tight-lipped Apple did not respond to CNBC's request for comment, nor did it issue an official statement on the situation.
Some EV companies have confirmed that no revenue will be forthcoming for the rest of this year, raising questions about who will survive and thrive in the space.
In this article, we discuss the 10 Chinese stocks hedge funds are selling amid crackdowns. If you want to skip our detailed analysis of these stocks, go directly to the Hedge Funds are Selling These 5 Chinese Stocks Amid Crackdowns. The stocks of major China-based companies that trade on exchanges in the United States have […]
Every investor wants a sure return – that’s the way to make money in the markets, after all. With the main indexes all showing strong gains for the year (19% on the S&P 500, and 18% on the NASDAQ), those returns are clearly on the table. But there are some shorter-term downward moves, and plenty of market experts are counseling both optimism and caution. RBC chief U.S. equity strategist Lori Calvasina notes that the upward trend has been both substantial and sustained, and she is revising her mi
Corvus Pharmaceuticals Inc (NASDAQ: CRVS) is surging higher Friday on abnormally high volume. The stock might be trading higher following favorable data results by AstraZeneca PLC (NASDAQ: AZN) for patients with unresectable, stage 3 non-small cell lung cancer. The average session volume over a 100-day period is about 300,000. Friday's session volume was approaching 120 million at publication time. AZN News: AstraZeneca announced that "the COAST Phase II trial showed oleclumab, an anti-CD73 mono
Lucid Motors (LCID) shares rose 7% after a bullish Wall Street analyst note along with confirmation from the Environmental Protection Agency that the EV maker's premium tier car has a higher mile range than Tesla's model S (TSLA).
Surekha Gangakhedkar testified in the fraud trial of Theranos founder Elizabeth Holmes that she left the blood-testing startup because its flawed machines were being rushed out.
The Dow Jones fell as Apple stock continued to dip. The White House warned of a recession. Tesla CEO Elon Musk praised its China rivals.
In this article, we discuss the 10 best Robinhood stocks under $20. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Robinhood Stocks Under $20. More individual investors are investing in the stock market with the popularity of commission-free trading platforms like Robinhood Markets, Inc. (NASDAQ:HOOD). Retail investors […]