|Day's Range||147.80 - 155.35|
The major stock indexes were sharply lower early Monday amid a spreading coronavirus. Apple headlines these five giants reporting earnings this week.
Livongo Health's chief people officer, Arnnon Geshuri, has been around the block when it comes to human resources, having led HR efforts at companies like Applied Materials, Google and Tesla.
Stock futures plunged as coronavirus fears hit the stock market rally. Apple earnings are on tap this week. So are AMD, Facebook, Microsoft and Tesla earnings
Tesla Inc. stock “already left the orbit,” but, on Earth, here comes the hard part for the Silicon Valley car maker. Tesla (TSLA) is scheduled to report fourth-quarter earnings after the bell on Wednesday, with a conference call with analysts set for 6:30 p.m. Eastern. Investors will zero in on Tesla’s 2020 sales outlook, said Garrett Nelson, an analyst with CFRA.
We have highlighted four red-hot tech stocks positioned to surpass earnings expectations as they gear up to announce their last round of financial results for calendar year 2019.
Tesla's planning documents earlier this month had shown that its Berlin "gigafactory," as the company's plants are known, could need up to 372 cubic meters of water a day, sparking protests in the city.
Tesla Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker's planned factory in Germany, saying the plant would use less water than was estimated originally. The U.S. company had said in planning documents that the factory would need 372 cubic meters of water from the public drinking water network per hour, sparking protests by local residents earlier this month. Tesla won't use this much net water on a daily basis.
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bearish calls included aerospace and electric vehicle leaders. It was a good week for renowned CEOS Elon Musk and Jamie Dimon, but not so much for Jeff Bezos.
Commerzbank of Germany increased its share holdings in the plant-based burger maker by more than six times in the fourth quarter. The bank also bought up Microsoft stock and sold GE.
Halfway through a dinner at the Trump Hotel, U.S. President Donald Trump can be heard giving the order to remove the U.S ambassador to Ukraine, Marie Yovanovitch, according to a video that surfaced on Saturday. The video, obtained by Reuters from Lev Parnas' attorney Joseph Bondy, begins with Trump posing for photos then entering a room with a table set for 15 including a close-up of the president's place setting. Trump has said he had the right to fire Yovanovitch, a main figure in the series of events that led to his impeachment.
Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco's Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. Rivian founder and chief executive R.J. Scaringe told Reuters the mid-range R1T pickup truck with a glass sky panel that can change from blue to clear was about $69,000. Scaringe declined to say how many prospective buyers have so far spent $1,000 on a refundable deposit to hold their spot for a Rivian, but he said the reaction had been "really positive".
Tesla shares — unsafe at any speed? Apparently so, according to the consumer advocate and former presidential candidate, who issued a stark warning this week, not only on the pricey stock, but on the market as a whole.
Whitney Tilson once wagered Tesla wouldn’t report a profitable quarter in 2019. He lost. The former hedge-fund manager early last year also predicted “the beginning of the end” for the stock, with a $100 price target by 2020. Also, a misfire. But he seems to know a strong bullish point-of-view when he sees one.
Amazon has boosted its position as the world’s most valuable brand surpassing Google, Apple and Microsoft, according to a global report.
As we kick off 2020, we're taking a look at the past year's most popular stocks and the trends that fueled them. To do this, we took a peek within our award-winning technical analysis product Technical Insight to see which U.S. instruments yielded the highest search rate from our global investor base throughout 2019.
Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500's worst week in six months. All three major U.S. stock averages turned sharply negative, with the S&P 500 seeing its biggest one-day percentage drop in over three months after the Centers for Disease Control and Prevention confirmed the second case of the virus on U.S. soil, this time in Chicago.
With Tesla stock cruising at stratospheric highs, shares could hit the afterburners or suddenly stall and reverse next week, depending on what it says about fourth-quarter earnings.
After a strong open and a push to new highs for many stocks, equities turned lower in Friday's session on renewed coronavirus fears. Let's look at a few top stock trades for next week. Top Stock Trades for Tomorrow 1: BroadcomSource: Chart courtesy of StockCharts.comAfter announcing a multi-year, multi-billion dollar deal with Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO) shares were in rally mode, hitting new 52-weeks highs. However, the selling pressure in the overall market rained on AVGO's parade.What now?InvestorPlace - Stock Market News, Stock Advice & Trading TipsI would love to see AVGO hold up over the $315 to $318 area, which was stubborn resistance on the way up. If it can do that, it leaves $330-plus on the table, if the market is able to keep its footing. * 7 'A'-Rated Dividend Stocks That Provide Inflation-Beating Income If it doesn't and AVGO loses its 50-day moving average, another test of $300 is possible. Below puts the 200-day moving average in play. DisneySource: Chart courtesy of StockCharts.comDisney (NYSE:DIS) hasn't looked too pretty. While the market has spent most of December and January rallying, Disney shares have been putting in a series of lower highs.In fact, the charts have a descending triangle pattern in play, a bearish technical setup. That occurs when downtrend resistance (blue line) squeezes the stock price lower against a static level of support (black line). It leaves investors looking for a breakdown below support.That's exactly what's playing out in Disney. Given that the market is starting to wobble a bit, investors may be nervous buying DIS. First, let's see if the 200-day moving average steps in as support, just as it did in October. Below puts gap-up support near $136 in play.On a rally, bulls need to see Disney stock reclaim $143, as well as downtrend resistance. FordSource: Chart courtesy of StockCharts.comWhile Tesla (NASDAQ:TSLA) has scorched higher in 2020, Ford (NYSE:F) has done the opposite. Now, it's really breaking down.Shares cracked violently below uptrend support and the 50-day moving average, as the stock is now below all of its major moving averages on both a daily and weekly basis.Let's see if Ford stock declines to the $8.50 to $8.60 range and if so, if it finds support there. On a rebound, F needs to reclaim the 50-day moving average. American AirlinesSource: Chart courtesy of StockCharts.comAmerican Airlines (NYSE:AAL) has a similar chart to Ford. After a very strong reversal on Thursday (despite worse-than-expected earnings), shares are again showing signs of weakness.The stock is losing uptrend support and if it loses the $26.85 level, the post-earnings low near $26 is on the table. On a rally, AAL needs to reclaim uptrend support, but it's a no-touch for me on the long side with the market's current state.Investors should be looking at stocks holding support or near support, not at stocks that are losing it. IQiyiSource: Chart courtesy of StockCharts.comIQiyi (NASDAQ:IQ) couldn't push through the $25 mark and is embarking on a deep retreat on Friday, falling about 10%. The move sent shares right through the 20-day moving average, as sellers hammer the stock.Now, the $20 to $21 area is in sight, with uptrend support near the former and the 50-day moving average near the latter. That may be a worthy buy-the-dip zone if we see a bit more weakness early next week. Below $20 puts the 200-day moving average on the table.In any regard, look to see if IQ can reclaim the 20-day moving average on a rally.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL, AVGO and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post 5 Top Stock Trades for Monday: Broadcom, Disney, Ford and More appeared first on InvestorPlace.
CFRA analyst Garrett Nelson said Friday in a Fox Business interview that Tesla Inc's (NASDAQ: TSLA ) stock benefited from a "meteoric run-up" and investors should be selling the stock. What Happened ...
Wall Street lost ground on Friday as mounting worries over the scope of the coronavirus outbreak overshadowed positive corporate earnings. All three major U.S. stock averages extended their losses after the Centers for Disease Control and Prevention confirmed the second case of the virus on U.S. soil, this time in Chicago. For the holiday-shortened week, all three indexes are on course to post a decline with the Nasdaq set to snap a six-week winning streak.
Earnings from tech and industrial giants and a Fed policy makers meeting take center stage next week on Wall Street. On Tuesday, investors get results from Apple. The iPhone maker is expected to report an increase in quarterly profit and revenue. Powering those results: higher sales of new iPhone models. Wall Street also wants to know how much traction its new streaming service, Apple TV+, is getting as it takes on Netflix, AMAZON PRIME VIDEO AND A SLEW OF OTHER NEW STREAMING VIDEO PLATFORMS. Wednesday is a big day. TESLA, BOEING AND Microsoft report. Look for higher revenue and profit from the software giant. Its former Seattle neighbor, Boeing, is likely to have recorded billions of dollars in charges now that the grounding of the 737 MAX is expected to stretch until mid-year. Tesla's stock has been on a tear. The electric car maker, whose valuation topped the $100 billion mark this week, is expected to report a drop in profit and revenue. Also Wednesday, don't expect a surprise from the Fed on interest rates. Policy makers are expected to announce that they'll keep interest rates on hold.