Tag Archives: analyst

Bloomberg LG, SK Reach $1.8 Billion Settlement to End EV Battery Spat (Bloomberg) — Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.SK Innovation Co. agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem Ltd., according to a statement from the two… Source link

Tesla shares (TSLA) are getting a nice pop on Monday following much better than expected first quarter delivery numbers, but the real upside to shares in the medium-term will be in part due to efforts out of the Biden administration to get people into electric cars.  Or so says Wedbush tech analyst Dan Ives, who lifted his rating on Monday to Outperform with a $1,000 price target. Ives’ bull case price target is $1,300, reflecting optimism on Biden’s EV ambitions.  “We are hearing from our… Source link

Eat This, Not That! I’m a Doctor and Warn You Never Take this Vitamin Vitamins are essential for our health. Our bodies just cannot function without them. Although most of our vitamins are obtained from our diet, one-third of adults, and more than 50% of those over age 55, report taking daily vitamin supplements. People generally believe that vitamins must be safe, and that even if they don’t result in any benefit, they are unlikely to cause harm. It’s an unfortunate fact that this does… Source link

Bloomberg Retail Trader Army Is Signaling Retreat on Latest Stimulus Wave (Bloomberg) — From bullish options to basketball trading cards, the multibillion-dollar retail frenzy is showing signs of fading.Just as $1,400 stimulus checks arrive all across the U.S., day-trader favorites are losing steam, stirring speculation that the army of individual investors who disrupted markets over the past year have opted to spend the cash on plane tickets and restaurants rather than their trading… Source link

Bloomberg Massive Cargo Ships Are Outrun by Nimble Fleet in New Speed Race (Bloomberg) — For years, container shipping was a rough business. Margins were minuscule, the risks were high and growth prospects bobbed with the unpredictable tides of global trade. That it’s now generating record profits is one of the great economic surprises of the pandemic.The transformation over the past year also debunks a premise expressed loudly by pundits and politicians in recent years that U.S.-China trade,… Source link

Bitcoin (BTC) appears set to challenge record highs in the wake of this week’s dovish Federal Reserve meeting. One expert, however, is calling caution, based on his observation of price charts as bitcoin rose from lows near $43,000 seen earlier this month. The chart pattern has taken the shape of what’s known as a rising wedge, a sign of uptrend fatigue. “My concern is growing that we might run into a rising wedge scenario,” Patrick Heusser, head of trading at Swiss-based Crypto… Source link

The Guardian Democrats lost Texas because of Covid and Republican voter drive, report finds A party postmortem says more outreach to non-voters is needed after a predicted blue wave failed to materialise in 2020 A supporter of the Democratic presidential candidate Joe Biden prepares for a Ridin’ With Biden event in October 2020, in Plano, Texas. Photograph: LM Otero/AP Sign up for the Guardian’s First Thing newsletter Get-out-the-vote efforts hampered by the coronavirus pandemic and an… Source link

TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link

Square (SQ) stock took off in 2020. Boosted by the rise of digital payments and the increasing adoption of its peer-to-peer Cash App, investors sent shares up by a massive 245% throughout the year. Square’s success has been boosted by Bitcoin. Apart from the huge investment Square made last year by purchasing BTC worth $500 million (worth considerably more now), part of the Cash App’s appeal is for the easy way users can buy and sell Bitcoin. With the leading cryptocurrency breaching new… Source link