Jim Cramer on Chipotle stock: ‘I like it to go to $2,000’

Shares of Chipotle Mexican Grill Inc (NYSE: CMG) are already up more than 25% for the year but famed investor Jim Cramer is convinced that they’re not out of room to run just yet. Cramer’s bull case for the Chipotle stock Cramer expects this chain of fast casual restaurants to see continued growth in sales… Continue reading Jim Cramer on Chipotle stock: ‘I like it to go to $2,000’

Apple Inc just launched a high-yield savings account

Apple Inc (NASDAQ: AAPL) is in focus this morning after the tech behemoth launched its much-awaited high yield savings account. Details of Apple’s savings account On Monday, the multinational said its savings account that pays an annual percentage yield of 4.15% is now available to Apple Card users. In comparison, a standard savings account in… Continue reading Apple Inc just launched a high-yield savings account

Biotech stock Prometheus Biosciences opened 70% up today: here’s why

Prometheus Biosciences Inc (NASDAQ: RXDX) opened about 70% up on Monday after Merck & Co Inc (NYSE: MRK) said it will buy the biotechnology company for $10.8 billion. What’s in it for Merck & Co? The all-cash agreement values each share of Prometheus Biosciences at $200 – over a 75% premium on the price at… Continue reading Biotech stock Prometheus Biosciences opened 70% up today: here’s why

Hong Kong now third most sustainable stock market as US ranks 16th and UK drops to 20th

A recently published outlook for stock exchanges in terms of the global scores show the Netherlands is ranked as the world’s most sustainable stock market – the fourth year in a row and Hong Kong is now third after overtaking France. The USA and UK rank 16th and 20th respectively. Morningstar covers 48 stock markets… Continue reading Hong Kong now third most sustainable stock market as US ranks 16th and UK drops to 20th

Angry Birds’ Rovio shares up 17% amid Sega acquisition deal

Japanese gaming giant Sega has made an offer to acquire the maker of the Angry Birds puzzle game Rovio Entertainment Oyj for $776 million. If successful, the deal will see Sega acquire all of Rovio’s outstanding shares and options at a price of $9.25 per share, which is 19% higher than the stock’s closing price… Continue reading Angry Birds’ Rovio shares up 17% amid Sega acquisition deal

Canoo and MULN stocks have diverged: Are these EV stocks safe?

Canoo (NASDAQ: GOEV) and Mullen Automotive (NASDAQ: MULN) stock prices have diverged in the past few days. MULN stock was trading at $0.09 on Monday, a few points above the all-time low of $0.090. On the other hand, Canoo stock price was trading at $0.6721, about 32% above the year-to-date low. The similarity is that… Continue reading Canoo and MULN stocks have diverged: Are these EV stocks safe?

Wells Fargo Q1 earnings: ‘they’re managing through pretty well’

Shares of Wells Fargo & Co (NYSE: WFC) are roughly flat this morning even though the financial services behemoth reported market-beating results for its fiscal first quarter. Expert reacts to Wells Fargo Q1 results The multinational recorded $948.7 billion of loans for its Q1 versus $958 billion expected but better than $911.8 billion in the… Continue reading Wells Fargo Q1 earnings: ‘they’re managing through pretty well’