Oppenheimer Asset Management’s John Stoltzfus sees trading activity as a lot more sensible than critics think, particularly when it comes to 2020’s big winner.
Schlagwort-Archiv: CNBC
Automakers show off flying cars in Shanghai — but Warren Buffett-backed BYD stays clear
While some businesses see a future for electric cars in the skies, Chinese automaker and battery company BYD is sticking to ground vehicles for now.
American and Southwest report stronger bookings, ramp up schedules
American and Southwest say leisure travel is on the rise, and they are preparing to fly more this summer.
Chipotle earnings smash estimates as online sales overtake in-person orders
Shares of Chipotle Mexican Grill have nearly doubled in value over the last year, giving the company a market value of $42.8 billion.
Value investor Bill Miller says his firm sold GameStop holdings during initial Reddit frenzy
Value investor Bill Miller told CNBC his firm is not interested in GameStop and other meme stocks right now because they are hard to analyze on fundamentals.
Virgin Galactic shares drop after Cathie Wood’s new space ETF dumps nearly half its holding
Virgin Galactic shares fell in trading Tuesday after Ark Invest’s space exploration ETF sold nearly half its stake in the space tourism company.
Stocks making the biggest moves in the premarket: Welbilt, Netflix, Intuitive Surgical & more
The stocks making the biggest moves in premarket trading include Welbilt, Netflix, Intuitive Surgical, and more.
Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas
Following the booming profit beats of its Wall Street rivals, Credit Suisse is expected to report a significant loss on Thursday as it navigates the fallout from two high-profile crises.
SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest
The SEC issued accounting guidance that would classify SPAC warrants as liabilities instead of equity instruments.
S&P 500 opens flat after two days of losses, Netflix shares drop
Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally.