In America, it was a week of momentous change, as one president’s term ended and another’s began. But on Wall Street, it was business as usual: The stock market hit another high, and the biggest tech stocks continued to soar. Small wonder that many investors now decry a dearth of bargains—except for those who still …
Bloomberg Biden’s Student Loan Freeze Shows Path to Erase Billions of Debt (Bloomberg) — Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. …
fuboTV: Breaking Down Barrington’s New Bullish Call Read More »
Text size General Motors’ Global Battery Systems Lab in Warren, Mich. Steve Fecht/General Motors Like muscle cars revving their engines at a stoplight, shares of Ford Motor and General Motors finally took off this past week. Long-suffering investors are breathing a sigh of relief, but they shouldn’t take profits just yet. The ride isn’t over. …
GM and Ford Stock Finally Capture Some of Tesla’s Heat. Why This Is Only the Beginning. Read More »
There’s no stopping Vuzix (VUZI) right now. The smart glasses maker has been on a roll with shares up by a massive 518% over the past 12 months. However, Maxim analyst Jack Vander Aarde thinks there’s more to come. The 5-star analyst expects 2021 to “mark a significant growth inflection point.” Vander Aarde rests his …
Vuzix (VUZI) Stock Is a Winner, But How Much Higher Can It Go? Read More »
Technology was 2020’s best performer. The S&P 500’s information technology sector had the best performance of all sectors in 2020 — despite the first-quarter drop — returning 44% versus 16% for the broader index. With that type of performance, investors may be interested in tech index funds to buy this year. While some analysts believe …
Shares of International Business Machines Corporation (NYSE: IBM) opened more than 8% lower on Friday after the company posted a fourth consecutive quarter of declining revenue on Thursday. What Happened: For the fourth quarter, IBM reported adjusted earnings of $2.07 per share, beating the consensus Street estimate of $1.79. Quarterly sales came in at just $20.37 billion, falling below the estimate …
After IBM’s Mixed Q4, 3 Analysts On Whether 2021 Will Be A Turnaround Year Read More »
The Biden administration has pushed to extend the New Strategic Arms Reduction Treaty, or New START, with Russia for five years, which is set to expire on Feb. 5. The nuclear agreement regulates and limits how many nuclear weapons each country can have. Russian officials on Friday said they welcome the news. Michael McFaul told …
Emily Blunt, Millicent Simmonds and Noah Jupe star in “A Quiet Place Part II.” Paramount Pictures “A Quiet Place Part II” is the latest Hollywood film to push its global box office release as the coronavirus pandemic rages on in the U.S. This is the third time the film has been postponed due to the …
‘A Quiet Place II’ delayed again, sets sights on September release Read More »
Updated Jan. 22, 2021 6: 39 pm ET / Original Jan. 22, 2021 2: 42 pm ET Order Reprints Print Article Text size Intel’s latest earnings report was released early on Thursday. Alexander Koerner/Getty Images The release of Intel’s critical Thursday earnings report wasn’t exactly as smooth a process as the company was likely hoping …
Intel Released Its Earnings Results Early. Here’s What We Know. Read More »
Earnings Outlook Published: Jan. 22, 2021 at 6: 26 p.m. ET Company has shaken up its film strategy with HBO Max and participated in a huge 5G spectrum auction AT&T recently participated in a crucial spectrum auction that will shape the company’s 5G efforts Getty Images AT&T Inc. is at the beginning of a pivotal …
AT&T earnings to kick off a defining year for telecom giant Read More »