Tag Archives: Musk

TipRanks Goldman Sachs: These 2 “Strong Buy” Stocks Could Surge at Least 30% We’re well into the first quarter of 2021 now, and it’s a good time to take stock of what’s behind us, and how it will impact what lies ahead. Goldman Sachs strategist Jan Hatzius believes that we are on an upward trajectory, with better times ahead. Hatzius sees the developed economies expanding as the corona crisis recedes. For the US, particularly, he is impressed by the ‘very substantial fiscal… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

The No. 12 largest cryptocurrency, with a market cap of $6.1 billion, is a joke. Dogecoin (DOGE) started out as a joke in 2013 and is still a joke today—but its value is up 380% in the past month, 696% this year so far. The coin has ridden the same Reddit-driven retail investor wave as stocks like GameStop and AMC over the past two weeks, further accelerated by a handful of cheeky Elon Musk tweets pumping dogecoin. On Jan. 28, dogecoin became the most tweeted-about cryptocurrency in a single… Source link

Tesla’s (TSLA) CEO Elon Musk spontaneously interviewed Robinhood CEO Vlad Tenev for 14 minutes late Sunday evening, injecting himself into the fray of the retail investing frenzy that’s sent markets into a tailspin, and put the trading app on the defensive. The billionaire jumped on the invite-only voice chat app Clubhouse to answer questions ranging from colonizing Mars to Bitcoin (BTC-USD) late Sunday night. Yet toward the end, Musk ended up grilling Tenev on behalf of outraged individual… Source link

TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near rock-bottom now, and to no one’s surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Fed’s monetary… Source link

Benzinga Apple Expected To Join The $100 Billion Revenue Club When Earnings Are Released Did someone say $100 billion? And then some? Wall Street analysts did. A consensus sees Apple Inc (NASDAQ: AAPL) as joining that rarefied corporate crowd that’s broken the $100 billion in quarterly revenues mark when it opens the books Wednesday on its fiscal Q1. That’s a record for AAPL, of course, and may have been assisted by holiday sales of its new iPhone 12. But it’s one in a series of fresh… Source link

With all the attention on politics and COVID-19 right now, you may have missed this recent headline: “Elon Musk overtakes Jeff Bezos to become world’s richest person.” Or maybe you did see it and thought, who cares? Well you should. (Before you continue reading, a trigger warning: This column is about staggering wealth. The numbers you are about to read will shock you.) It’s not so much that Musk is now worth some $200 billion, according to the Bloomberg Billionaires Index, versus… Source link

TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link

InvestorPlace The 12 Best Stocks to Buy for a Whole New Year of Returns in 2021 Editor’s note: “The 12 Best Stocks to Buy for a Whole New Year of Returns in 2021” was previously published Dec 4. It has since been updated to include the most relevant information available.] Back in July, I recommended seven of the best stocks to buy for 2021 and beyond. As a group, they’ve done very well over the past three months. For instance, Livongo Health was acquired by Teladoc Health… Source link

TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link