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Markets
Palantir’s Stock Surge Is Hype, Morgan Stanley Warns In Downgrade, Shares Plummet 12%
ToplineMarking a sudden about-face from explosive growth in its two months since going public, shares of big-data analytics firm Palantir Technologies tanked 12% on Wednesday after a Morgan Stanley analyst warned that the company's…
What The 2020 Election Results Mean For The Future Of Cannabis
2020 has been a year of profound change for the U.S., making this year’s election arguably one of the most pivotal in our entire history. With a deeply polarizing social unrest, a battered economy that is yet to recover from the COVID-19…
CareTrust REIT Passes Through 5% Yield Mark
In trading on Wednesday, shares of CareTrust REIT were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day. Dividends are particularly important for…
Blue Chip Wavers From Record Highs On Shipping Update
The shares of Walmart (WMT) are down 1.1% at $151.01 at last check, after the company announced it was dropping its $35 member shipping minimum on all purchases except for groceries. Today’s dip comes after yesterday’s record high of…
Top Growth Stocks For December
getty Growth stocks have led the broader markets’ rally ever since the indices bottomed in March. However, things rapidly changed in the month of November following positive vaccine data from Pfizer and BioNTech, Moderna, and…
In Big Concession, Democratic Leaders Support $908 Billion Bipartisan Stimulus Plan
ToplineHouse Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) said Wednesday that they would support a new $908 billion stimulus framework released Tuesday by a bipartisan group of lawmakers as a basis for…
Top Stocks To Short Today As Markets Open Sluggishly
getty As COVID surges to unprecedented levels with additional shutdown measures taking place, markets dropped after yesterday’s surge. After the S&P 500 and Nasdaq NDAQ closed at record highs yesterday, markets cooled off this…
Many Of The 22 Million Lost Jobs ‘May Never Return’ And A Recovery Is Already ‘Plateauing’: Philly…
ToplineAs the Covid-19 pandemic intensifies in the United States, new forecasts from the Federal Reserve warn that the economy is already "plateauing," with minorities and low-income households still hurting the most, and as automation…
Top Stocks To Buy Today As Markets Cool Off After Early December Gains
getty After the S&P 500 and Nasdaq NDAQ closed at record highs yesterday, markets cooled off today. This morning, the Dow Jones declined 175 points, or 0.6%, while the S&P 500 fell 0.3%, and the Nasdaq dropped 0.9%.…
The Chance for Marijuana Legalization Rests In Georgia
Just when we thought election season was over, supporters of marijuana legalization are gearing up for one last major fight of the season. That is because the last hope for full cannabis legalization at the federal…