Benzinga Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla’s shares have been going up, beating every analyst’s expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the… Source link
Read More »Stock futures point to a higher open ahead of jobs report
TipRanks 3 Penny Stocks Under $5 With Massive Upside Ahead Investors know that the key to profits is in the return – and that means, a willingness to shoulder risk. Risk is relative, of course, and tends to run hand-in-hand with the return potential. Find a stock with a giant return potential, and chances are, you’ve also found one with a higher risk profile. The highest returns usually come along with the lowest share prices. After all, when a stock is priced for just pennies, even a… Source link
Read More »Dow futures open slightly higher after best month since 1987
Stock futures began the overnight session slightly higher Monday evening, reversing some of the regular session’s declines. Equities are set to kick off the final month of 2020 on the heels of a record month, during which each of the three major indices made fresh record highs, and the Dow posted its biggest monthly gain since January 1987 with an advance of nearly 11.9%. In the S&P 500, the energy, financials and industrials sectors led the index’s 10.8% rise, as traders rotated back… Source link
Read More »Stock futures open higher after Biden victory
Stock futures opened higher Sunday evening as traders took in President-elect Joe Biden’s victory in the U.S. presidential election, ending a days-long nail-biter over which candidate would prevail in winning the White House. Contracts on the Dow jumped more than 100 points, or about 0.5%, as the overnight session kicked off, setting the index up to extend its sharp gains from last week. Stocks had rallied in the run-up to Biden’s win, which was called by the Associated Press on Saturday…. Source link
Read More »Which Pays Its Software Engineers Higher Salaries?
When the U.S. government launched its recent anti-trust investigation into Google, it surfaced an interesting deal between the search-engine giant and Apple: In exchange for billions of dollars per year, Apple makes Google the default search engine on the iPhone and other iOS devices. (To be fair, the tech community has known about that deal for years, just not its exact size.) That deal highlighted the peculiar relationship between the companies. Although they compete on a… Source link
Read More »Markets are higher, Nasdaq futures are surging
U.S. equity futures are pointing higher with tech stocks leading the way Tuesday evening as the country awaits results of the 2020 elections. Dow futures (YM=F): +46 points or 0.2% S&P 500 futures (ES=F): +26 points or 0.8% Nasdaq futures (NQ=F): +269.7 points or 2.4% Russell 2000 futures (RTY=F): -5.6 points or 0.3% It’s relatively early in the process, but the initial results show President Donald Trump may be closing in on former Vice President Joe Biden’s estimated lead. As of 11:50 p.m…. Source link
Read More »Stock futures tick higher ahead of Election Day
TipRanks 3 “Strong Buy” Stocks Insiders Are Snapping Up Inside trading has a bad sound to it, but what is it really? Corporate insiders are company officers – the Presidents and VPs and Execs and Board members who run the world’s public – and private – companies. Their positions put them ‘in the know,’ and make them privy to the inner workings of their companies. Using that information to buy up stock would be underhanded, except for two points. First, they trade public shares… Source link
Read More »Stock futures open higher, recovering some losses after selloff
TipRanks These 3 Penny Stocks Have Massive Upside Potential, Says Cowen It’s a mixed bag when it comes to opinions on penny stocks. These tickers trading for less than $5 per share divide Wall Street like no other; market watchers either love them or hate them.It’s easy to understand the appeal. First and foremost, you get more bang for your buck. On top of this, with shares changing hands for bargain prices, even what seems like miniscule share price appreciation can translate to… Source link
Read More »Stock futures open slightly higher after third day of selling
TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link
Read More »Stock futures higher as investors await GDP report, jobless claims, tech earnings
Stock futures were slightly higher Wednesday evening as market participants continued to digest the Federal Reserve’s latest monetary policy statement, which was largely viewed as dovish. Investors looked ahead to the first report on US second-quarter GDP Thursday morning, along with more data on weekly jobless claims and a slew of Big Tech earnings. Market participants are bracing for what is likely to be by far the worst quarterly GDP print on record, with second-quarter GDP expected to… Source link
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