Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over… Source link
Read More »Why Ark’s Cathie Wood remains bullish on Bitcoin, Tesla
TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link
Read More »Tesla Slumps After First Results as a Blue Chip Disappoint
(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index. The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout result a year earlier — before the global pandemic set in. The results marked a sixth straight profitable quarter… Source link
Read More »Tesla posts record quarterly revenue, but profit misses expectations
Tesla (TSLA) reported fourth-quarter results Wednesday after market close, offering the last look at the electric car-maker’s performance at the end of a record-breaking year and early guidance for 2021. The company posted its first-ever quarter doing $10 billion or more in revenue. However, Tesla’s earnings fell short of estimates, though the company did eke out a sixth straight quarterly profit. Shares fell more than 4% in late trading after the results. Here were the main results in… Source link
Read More »Tesla, Google’s Waymo at Odds Over Full Vehicle Autonomy
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Read More »Musk’s Finance Chief Quietly Tallies Profit Surge at Tesla
(Bloomberg) — Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday — and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s chief executive officer, informed employees in a January 2019 open letter that the… Source link
Read More »Tesla isn’t the only auto stock exploding right now
TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link
Read More »Tesla, Amazon, Ford Motor and Nio
For Immediate Release Chicago, IL – January 19, 2021 – Today, Zacks Investment Ideas feature highlights Features: Tesla, Inc. TSLA, Amazon.com, Inc. AMZN, Ford Motor Company F and Nio Limited NIO. Tesla Stock Is Expensive: 3 Alternatives The rise in the shares of electric automaker Tesla have been one of the most spectacular success stories of all time. From a (split adjusted) IPO price of just $4/share in 2010, Tesla has rallied 21,000%, making the company the 4th largest in the US –… Source link
Read More »Tesla stock rises after Wedbush price target increase
TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link
Read More »Forget Tesla stock price mania for a second, you may see a driver-less car in New York City soon
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
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