Month: January 2021

On Wednesday, Jan. 27, President Joe Biden issued a slate of new executive orders aimed at addressing climate change. The actions freeze new oil and gas leases on public lands and put Exxon Mobil (NYSE:XOM) stock in an awkward position. Source: Harry Green / Shutterstock.com As the largest of the world’s eight “oil-majors,” Exxon has long
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Billionaire entrepreneur Mark Cuban told CNBC on Thursday he was worried about valuations across a range of asset classes and has adjusted his investment portfolio accordingly. “I hedged the heck out of my portfolio,” Cuban said on “Squawk Box.” He said near-zero interest rates from the Federal Reserve have helped lead to “speculation” across various
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Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – American’s stock is surging more than 60% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an
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On my Atlanta street, blue Amazon (NASDAQ:AMZN) trucks have become as familiar as the mailman. So have the profits rolling into Amazon stock. Source: Sundry Photography / Shutterstock.com Now the largest of the big cloud companies by revenue –beating Apple (NASDAQ:AAPL) – and the second-largest retailer in the world behind only Walmart (NYSE:WMT), Amazon has
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The news spread everywhere by Monday — GameStop Corp. (NYSE:GME) was the most traded stock on financial manager Fidelity’s trading platform. Source: Shutterstock Everyday traders have been piling into the stock, while Wall Street insiders with massive short positions that assumed it would fall have been getting clobbered. As you can see in the chart
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This week’s video covers two companies where management has made key decisions for the future of their respective companies; Johnson & Johnson (JNJ), and International Paper (IP). Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID International Paper: https://www.zacks.com/stock/quote/IP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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Investors who are interested in self-driving automotive technology. should keep an eye out for Collective Growth (NASDAQ:CGRO), a special purpose acquisition company (SPAC) that’s undergoing a merger with lidar (light detection and ranging) specialist Innovi. If you see a future for this type of technology, then CGRO stock may deserve a place in your portfolio. Source:
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