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    • profmelprofmel
      ·2021-07-16
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      Nasdaq ends lower as investors sell Big Tech

      July 15 - The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike.Amazon, Apple, Tesla and $Facebook$all fell. Nvidia tumbled around 4%.The S&P 500 technology sector index ended a four-day winning streak. Earlier this week, investors' favor for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs.The S&P 500 energy sector index fell more than
      Nasdaq ends lower as investors sell Big Tech
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    • profmelprofmel
      ·2021-07-14
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      Powell Says Achieving ‘Substantial Further Progress’ a Ways Off

      -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Servic
      Powell Says Achieving ‘Substantial Further Progress’ a Ways Off
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    • profmelprofmel
      ·2021-07-12
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      Chase, Delta, Goldman Sachs, PepsiCo, and Other Stocks to Watch This Week

      Second-quarter earnings season gets under way this week, with several big banks reporting. JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,andCitigroupon Wednesday andMorgan Stanleyon Thursday.The week’s economic calendar will be equally busy. The Bureau of Labor Statistics releases the consumer price index for June on Tuesday, followed by the producer price index for June on Wednesday. Expectations are for year-over-year increases of 4.0% a
      Chase, Delta, Goldman Sachs, PepsiCo, and Other Stocks to Watch This Week
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    • profmelprofmel
      ·2021-07-10
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      Top 10 Cloud Stocks to Buy on the Next Dip

      How can you capitalize on secular growth trends like digital transformation, artificial intelligence (AI), cybersecurity, analytics, video streaming, work from anywhere, the gig economy, and more? Last time, I covered stocks six through 10 on the list, and today I cover my top five!
      Top 10 Cloud Stocks to Buy on the Next Dip
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    • profmelprofmel
      ·2021-07-09
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      Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market

      Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further
      Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market
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    • profmelprofmel
      ·2021-07-08
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      Why Apple Stock Climbed to a New High Today

      Shares of $Apple$rose 1.8% to a record closing high of $144.57 on Wednesday after a respected Wall Street investment bank issued bullish commentary on the popular tech stock.JPMorgan analyst Samik Chatterjee reiterated his overweight rating on Apple's stock yesterday and boosted his share price forecast from $165 to $170. His new estimate implies potential gains to investors of roughly 18% in the coming year.Chatterjee noted that Apple underperformed theS&P 500and$Nasdaq$in the first half of 202
      Why Apple Stock Climbed to a New High Today
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    • profmelprofmel
      ·2021-07-07
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      Sorry, this post has been deleted
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    • profmelprofmel
      ·2021-07-05
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      Bank of America: Billions are about to pour into EV infrastructure — and these stocks will benefit

      Electric vehicle adoption is at an inflection point, according toBank of Americaanalysts who identified a new way to play the trend. An increasing need for EVcharging technologyis set to benefit a raft of global stocks, according to the bank, including semiconductor and Big Oil companies, as well as auto suppliers.$Bank of America$ analysts led by Harry Wyburd flagged a rapid rise in ownership of electric vehicles, with EVs on Europe’s roads up 100% since pre-Covid.In a research note published l
      Bank of America: Billions are about to pour into EV infrastructure — and these stocks will benefit
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    • profmelprofmel
      ·2021-07-04
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      Suze Orman worries about a market crash — here's what you should do

      As stock markets continue setting records, fallout from COVID-19 continues to create problems for th
      Suze Orman worries about a market crash — here's what you should do
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    • profmelprofmel
      ·2021-07-03
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      Suze Orman worries about a market crash — here's what you should do

      As stock markets continue setting records, fallout from COVID-19 continues to create problems for th
      Suze Orman worries about a market crash — here's what you should do
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