by Dorian Holden | Jul 26, 2019 | Markets
Federal Reserve Chairman Jerome Powell sparked quite a rally when he signaled the central bank was ready to cut rates this month. Now, many are concerned the Fed may be backing off of that promise. “I think they’re concerned that maybe the Fed might be backing off,”...
by Dorian Holden | Jul 25, 2019 | Markets
The future looked brighter for Tesla (TSLA) in June 2019. Shares were just beginning to rally from a low of $180 to a high of $266. Then earnings hit last night, and the stock has predictably turned course. All as many analysts continue to raise red flags...
by Dorian Holden | Jul 24, 2019 | Markets
Big Tech has been put on notice. The Department of Justice just opened a broad antitrust review of big tech companies, sending shares of Amazon, Alphabet, and Facebook lower in aftermarket trading. The review will examine the practices of online platforms that...
by Dorian Holden | Jul 24, 2019 | Markets
It’s not often we see an IPO this explosive. But Beyond Meat’s (BYND) stock is sizzling, having just hit an all-time high of $208.48 – a 720% move since it went public two months ago. It now has a market cap of $11.9 billion. All prior to the company posting...
by Dorian Holden | Jul 23, 2019 | Markets
Shares of Coca-Cola (KO) don’t seem to know the meaning of down. Since early 2019, the stock has exploded from $44, gapping to $53 just this morning on impressive earnings. Not only did the company beat with EPS of 63 cents, as compared to expectations for 61...
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