Trades on January 7, US stock indexes finished in the green zone, setting new all-time highs. The S&P 500 Index rose 1.48% to 3804 points, the Dow Jones added 0.69%, the NASDAQ rose 2.56%. Investors took advantage of the attractive weakness in growth stocks as concerns about a corporate tax hike eased. Macro statistics turned […]
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While Chinese manufacturers including NIO Limited (NIO), Li Auto Inc (LI), and XPeng Inc (XPEV) have been posing a competitive threat to Tesla, the U.S. automaker delivered five times as many cars worldwide last year as the three startups combined. Wedbush analyst Dan Ives believes that the biggest gain from the high demand for electric
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These are turbulent times in America. Trump supporters swept into the Capitol, the seat of Washington’s representatives. Things got so bad in the capital of the United States that Donald Trump’s social media accounts were suspended by Twitter and Facebook. In an initial reaction, the American indices fell. But these seem to have recovered significantly
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Laird Superfood Inc (LSF) is a stock exchange newcomer that only went public in September of this year. The company manufactures and sells a large variety of food ingredients and snacks based on plants, and are best known for its brand of non-dairy specialty coffee creamers. Laird is targeted at clients who want their diet
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Peloton Interactive Inc. (PTON), a wired home fitness equipment maker, is acquiring Precor. For the future of Peloton, this transaction is highly necessary as it will strengthen the supply chain and gain access to new markets.Closed exercise rooms also contributed to increased demand, including those generated by Peloton, for home sports equipment. The company reports
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Key US stock index futures are mostly lower on Wednesday, while traders await the results of the US Senate elections and the announcement of the official results of the presidential elections in the country, trading data showed. Future for the Dow Jones Industrial Average (DJIA) grew by 0.13% – to 30325 points, on the NASDAQ
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Telehealth companies help people see medical professionals remotely through either the phone or video calls. And since the demand for healthcare with elements of social distancing increased during the pandemic, telemedicine services also saw an increase in demand. In the United States, when Congress passed an emergency fund of $8.3 billion, it also loosened certain
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The cosmetics company makes a name for itself by making consumer beauty products such as makeups, hair colours, shampoos, lotions, and perfumes. The cosmetics industry has companies which are divided into two main sectors, the consumer staples sector and the consumer discretionary. In fact, the Consumer Discretionary Select Sector SPDR ETF has managed to outperform
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Major US stock indices fell 1.3-1.5% on the first day of trading in 2021. The broad market S&P 500 index fell 1.48% to 3700.65 points, the industrial Dow Jones Industrial Average fell 1.25% to 30223.89 points, and the technological NASDAQ dropped 1.47% 12698.45 points. Despite the general optimistic sentiment of investors regarding the recovery of
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Bionano Genomics Inc. (BNGO) stock soared 55.84% to $4.8 in the pre-market trading. The company recently granted 180-day extension by Nasdaq to regain compliance with bid price rule. The most recent rating by Ladenburg Thalmann, on September 24, 2020, is a Buy. Jaguar Health Inc. (JAGX) grew over 14.11% at $0.93 in pre-market trading today.
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