SolarEdge Technologies Inc (NASDAQ: SEDG) is currently about flat for the year but the path forward for this stock will be way more positive, says Corinne Blanchard – a Deutsche Bank analyst. SolarEdge stock has a 33% upside On Friday, Blanchard upgraded the solar stock to “buy” and raises her price objective to $375 that… Continue reading SolarEdge stock should be worth $375: Deutsche Bank analyst
stocktrader
Lyft stock tanks 20% after Q1 report: has it hit the bottom yet?
Shares of Lyft Inc (NASDAQ: LYFT) are down more than 20% this morning even though the ride-hailing company reported market-beating results for its first financial quarter. Lyft stock down on disappointing guidance The tech stock is being punished for the guidance that came in shy of Street estimates. Lyft now expects $20 million to $30… Continue reading Lyft stock tanks 20% after Q1 report: has it hit the bottom yet?
IAG share price ticks up on first Q1 profit since 2019
International Consolidated Airlines Group SA (LON: IAG) is trading up today after reporting its first Q1 profit since 2019. Analyst reacts to IAG’s quarterly results IAG said it swung to an operating profit of €9.0 million ($9.9 million) in the first quarter. In comparison, analysts had forecast an adjusted operating loss of €156.6 million. Reacting… Continue reading IAG share price ticks up on first Q1 profit since 2019
Scottish Mortgage (SMT) vs Invesco QQQ: one is a better buy by far
Scottish Mortgage (LON: SMT) share price has continued falling this year even as technology stocks have jumped. The shares were trading at 627p on Friday, a few points above the year-to-date low of 607p. They have plunged by ~59% below the highest level in 2022. SMT vs QQQ ETF Scottish Mortgage and Invesco QQQ are… Continue reading Scottish Mortgage (SMT) vs Invesco QQQ: one is a better buy by far
Bears threaten MCADE amid profit taking deals: Is now a good time to buy?
Metacade (MCADE) price hit its all-time high above $0.045 on Wednesday, with the token’s value inching higher as buying pressure mounted ahead of its listing on global crypto exchange MEXC Global. While the outlook for MCADE remains bullish amid various price factors, the token has pared some of the gains since the ATH. Also, although… Continue reading Bears threaten MCADE amid profit taking deals: Is now a good time to buy?
AltSignals presale gathers phase amid growing appetite for crypto by millennials
AltSignals ($ASI) is the next-gen blockchain and crypto project. The trading signals provider has been the latest to venture into crypto via an artificial intelligence signal service. With the increasing adoption of AI among the emerging crop of investors, it makes sense to invest in a platform like AltSignals. No wonder the AltSignals token ($ASI)… Continue reading AltSignals presale gathers phase amid growing appetite for crypto by millennials
Metacade price rises above $0.034 as listing on MEXC nears
Barely a month since Metacade was listed on Uniswap and later on Bitmart, the price has risen by double digit percentages. The token traded at $0.3471 on May 02, less than 48 hours before it gets listed on MEXC. The increase in the price of MCADE points to a growing interest in the token following… Continue reading Metacade price rises above $0.034 as listing on MEXC nears
Newmont’s revenue missed estimates as gold prices surged
Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share of 40 cents was slightly better than estimates. Newmont’s revenue came in at $2.6 billion, which missed the median estimates by about $21 million. The company mined 1.27 million ounces of… Continue reading Newmont’s revenue missed estimates as gold prices surged
As the Fisker (FSR) stock price surges, potential risks remain
Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped to a high of $6.26 on Wednesday, the highest point since March 29. Why did FSR stock go up? Fisker is one of the top EV companies that is challenging Tesla… Continue reading As the Fisker (FSR) stock price surges, potential risks remain