Market News
Cybertruck Could Bring In Over $4.5 Billion In Revenue For Tesla By 2025
Forbes - 28 Nov 2019 17:00
Tesla (NASDAQ: TSLA) unveiled its first electric pickup truck last dubbed "Cybertruck," featuring a radical design and prices ranging from around $40k going up to $70k. Tesla's interest in the market is understandable, g...
How Much Is Gap's Stock Really Worth?
Forbes - 28 Nov 2019 16:00
Gap Inc's (NYSE: GPS) stock has lost more than 30% of its value since the beginning of the year, with it share price shrinking from largely around $25 at the beginning of the year to around $17 now. While investors remai...
How The Texas Rate Case Is Weighing On CenterPoint Energy Stock
Forbes - 28 Nov 2019 15:30
CenterPoint Energy (NYSE: CNP), an electric and natural gas utility company that operates in markets including Arkansas, Louisiana, Minnesota, and Texas, has seen its stock price decline by roughly 16% over the last mont...
U.S. Tightening of Hong Kong Policy Is Grim Trigger for China
Wall Street Journal - 28 Nov 2019 11:49
President Trump's signing of the Hong Kong Human Rights and Democracy Act opens a new front in chilly China-U.S. relations.
Amazon-Powered Dividend Growth Of 155% To 163%
Forbes - 28 Nov 2019 23:10
In recent years, the retail sector has produced many more losers than winners.
Silicon Valley-Backed App Lenders Use Phone Data to Chase Borrowers
Wall Street Journal - 28 Nov 2019 21:24
Silicon Valley venture capital is funding a wave of fintech startups in India that use data from consumers' cellphones to collect on debts in ways that are illegal in both India and the U.S.
Weak Commodity Markets Signal Skepticism About Global Growth
Wall Street Journal - 28 Nov 2019 19:17
Commodity markets slipped, extending their weakness this year amid concerns about the prospects for the global economy and U.S.-China tensions.
What Percent Does Bristol-Myers Squibb Spend On R&D, 30%, 40%, Or 50%?
Forbes - 28 Nov 2019 17:30
Bristol-Myers Squibb's (NYSE: BMY) R&D expenses were 36% of its total revenues in 2018. Total expenses were largely driven by cost of goods sold and research and development (R&D), which together accounted for three-four...
How Did UnitedHealth's OptumRx Revenues Increase In Q3 Despite A Drop In Retail Prescriptions?
Forbes - 28 Nov 2019 16:30
UnitedHealth Group (NYSE: UNH) is the largest health insurance company in the United States with consolidated revenue of $226 billion in 2018. It provides individual insurance, employer sponsored health insurance, manage...
Why Did CenturyLink Stock Rally 18% Over The Last Month?
Forbes - 28 Nov 2019 15:00
Centurylink (NYSE: CTL), a company that provides communications, network services, security, cloud solutions, and voice as well as managed services, has seen its stock price rise by about 18% over the last month. The ral...
Hong Kong Listing Boosts Alibaba Stock
Wall Street Journal - 28 Nov 2019 14:05
Alibaba's Hong Kong listing has given a fresh boost to what was already China's most valuable technology company.
Why Has nVent's Stock Gained 25% In A Month?
Forbes - 28 Nov 2019 14:00
nVent Electric (NYSE: NVT) , which spun off from PentAir in April 2018, is in the business of electrical enclosures, thermal management systems, and fasteners. The stock has rallied about 25% over the last month, driven ...
An Oil Giant Plans for Climate Change
Wall Street Journal - 28 Nov 2019 13:15
Royal Dutch Shell knows that climate change means business change, but isn't sure how. Like a savvy car buyer, it is testing out a few eco-friendly models before it chooses one.
Nearly $50 Million of Ether Swiped From South Korean Cryptocurrency Exchange
Wall Street Journal - 28 Nov 2019 07:27
Nearly $50 million was swiped from a South Korean cryptocurrency exchange, the industry's latest setback as it struggles with problems still plaguing cryptocurrencies and the venues where investors trade them.
How To Predict The Future: A Conversation With Superforecaster Warren Hatch
Forbes - 28 Nov 2019 06:06
The book, Superforecasting: The Art and Science of Prediction, gained considerable attention when it was published in 2015. The reason is simple: All of us are constantly making decisions based on implicit or explicit fo...
The 3 Technical Problems With This "New All Time Highs" Stock Market
Forbes - 28 Nov 2019 01:54
Here's some cold water to pour on the whole thing: 3 indicators used by price chart analysts to gauge the underlying message, if there is one, to the popular higher highs reporting.
John Boyega's Lost 'Star Wars' Script Wound Up On EBay. Here's A Roundup Of Other Leaked Hollywood Scripts.
Forbes - 28 Nov 2019 00:45
A cleaning person listed the script on eBay for $84.
NYSE Wants to Let Companies Raise Capital Through Direct Listings
Wall Street Journal - 28 Nov 2019 00:23
The New York Stock Exchange has submitted a proposal with the U.S. Securities and Exchange Commission that would allow companies going public through a direct listing to raise capital.