Nikola Corp (NASDAQ: NKLA) is trading about 15% down this morning after the electric vehicles company sold its stock at a deep discount. Nikola sold its stock at a 20% discount On Friday, the Arizona-based company raised $100 million via a secondary stock offering that it plans on deploying as working capital. Nikola sold 90… Continue reading Nikola shares down 15% on secondary stock offering: buy the dip?
Stock Research
Biotech stock Pacific Biosciences could return 50% in 12 months: TD Cowen
Pacific Biosciences of California Inc (NASDAQ: PACB) is trading meaningfully up on Friday after a TD Cowen analyst turned super bullish on the biotechnology company. Pacific Biosciences stock has upside to $15 Dan Brennan now rates the said biotech stock at “outperform”. He raised his price objective on it to $15 today that suggests more… Continue reading Biotech stock Pacific Biosciences could return 50% in 12 months: TD Cowen
Core PCE rose again in February: time to sell semiconductor stocks?
S&P 500 is up another 1.0% on Friday after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index climbed less than expected in February. What does the reading mean for the Fed? Versus the prior month, the Fed’s preferred inflation gauge was up 0.3% versus a 0.4% increase expected. Much… Continue reading Core PCE rose again in February: time to sell semiconductor stocks?
Responsible investing vs. investing in questionable assets
There has been a lot of talk about responsible investing versus what’s considered investment in questionable assets. For example, many funds do not invest in the so-called sin sector or vice funds, with many considering tobacco, alcohol, weapons, adult entertainment, nuclear power and gambling to be questionable investment targets. On the other hand, some investors… Continue reading Responsible investing vs. investing in questionable assets
AltSignal presale 53% sold out as investors eye hot AI-related investment opportunity
Are you looking to invest in a new crypto project? AltSignals’ token presale is 53% sold out, with interest in the leading trading signals project growing as it nears the launch of its new Artificial Intelligence (AI)-powered algorithm. And with experts predicting that the crypto market is on the verge of a new bullish cycle,… Continue reading AltSignal presale 53% sold out as investors eye hot AI-related investment opportunity
Aston Martin share price has formed a rare bullish pattern
Aston Martin (LON: AML) share price has pulled back in the past few days after going through a short squeeze earlier this month. The stock was trading at 220p on Thursday, ~26% below the highest level this year. Short-squeeze fades Aston Martin, the iconic British hypercar manufacturing company, is implementing a turnaround strategy after years… Continue reading Aston Martin share price has formed a rare bullish pattern
Ocado share price is rebounding: Is it safe to buy the rally?
Ocado (LON: OCDO) share price made a comeback this week after the company published a strong trading statement. The stock jumped to 529p on Thursday, the highest point since March 3 of this year. It has jumped by ~30% from the lowest level this year. Ocado Retail strong results The top retail news of the… Continue reading Ocado share price is rebounding: Is it safe to buy the rally?
Pro reveals healthcare stocks that are worth buying right now
“XLV” – the Health Care Select Sector SPDR Fund has been a disappointment for investors since the start of the year but a portfolio manager says it’ll likely be a different story moving forward. Funtleyder is particularly bullish on med tech Les Funtleyder of E Squared Capital Management is not really concerned about the recent… Continue reading Pro reveals healthcare stocks that are worth buying right now
Canoo stock news: the EV startup narrowed its revenue in Q4
Canoo Inc (NASDAQ: GOEV) is trading slightly down in extended hours even though it reported to have narrowed its loss in the fiscal fourth quarter. Canoo stock down on no revenue for the quarter The electric vehicles startup lost $80.2 million in its recently concluded quarter that translates to 25 cents per share. In comparison,… Continue reading Canoo stock news: the EV startup narrowed its revenue in Q4