T-Mobile US (TMUS) may be up around 50% over the past year, but the wireless carrier, which is 43% owned by Deutsche Telekom (DTEGY) and 24% owned by Softbank Group(SFTBF), could still wow investors as the year plays out. Last year’s merger with Sprint made T-Mobile a more formidable competitor against rivals AT&T (T) and
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American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the New York bank popped 4.4% in midday trading after the company posted first-quarter per-share earnings
By Chris Black I regard libertarianism to be just another subversive ideology promoted by the “usual suspects”, i.e. suicidal ideation on a grand scale, all dressed up in the cloak of “morality”, designed to destroy the Western society via large scale immigration, promoting degeneracy, pathological individualism etc. For example, a lot of libertarians – because
Score Media and Gaming (SCR), commonly known as theScore, slid about 3% in after-hours trading on Tuesday after the company posted lower second quarter revenue than expected by analysts. Revenue in 2Q fell 15.9% year-over-year to C$5.59 million and missed the consensus estimate of C$6.65 million. Media revenue increased 17% year-over-year to C$8 million, a
In this article COIN Pavlo Gonchar | LightRocket | Getty Images Bitcoin has been surging to record highs, ahead of Wednesday’s stock debut of crypto exchange Coinbase, and some analysts say the offering could be a potential pivotal moment for cryptocurrencies. Bitcoin was trading up more than 5% Tuesday, above $63,220, according to Coin Metrics.
🚨🚨🚨 A @CNN director is caught on video admitting that the focus of CNN’s news coverage in 2020 was “to get Trump out of office” & that they engaged in “propaganda” to make it happen. CNN isn’t a news organization, they’re a Democrat Super PAC!!!pic.twitter.com/BwDJFYXRD2 — Donald Trump Jr. (@DonaldJTrumpJr) April 13, 2021 CNN staffer
Not content anymore with dominating the GPU market, Nvidia (NVDA) has now set its sights on taking share in the CPU segment. The chip giant hosted its annual GTC developers conference on Monday, and the market liked the company’s latest developments. Shares added ~9% over the past two trading sessions and now sit a whisker
In this article DISCA FOLD ENDP SFIX TEAM Source: Stitch Fix Check out the companies making headlines after the bell on Tuesday: Atlassian — Shares of the Australian software company ticked up 1% on revised revenue guidance for the fiscal third quarter. Atlassian now expects revenue between $566 million and $572 million. Analysts polled by
Bouncing back with incredible force, the S&P 500 has gained 50% over the past 12 months, with the index now landing just shy of its 52-week high. This impressive charge forward has come as investors shrug off COVID-19’s devastating impact on the economy. Going ahead, Raymond James strategist Tavis McCourt believes we’re looking at a
Check out the companies making headlines before the bell: Altimeter Growth (AGC) — Southeast Asia’s ride-hailing giant Grab is going public via a SPAC merger with Altimeter Growth, valued at nearly $40 billion. Grab says it intends to list on the Nasdaq under ticker symbol “GRAB” following the deal’s completion. Altimeter’s shares surged nearly 9%
Did the same thing with Tsla stock right before the new big EV push, should be illegal. www.usatoday.com/story/news/factcheck/2021/02/16/fact-check-paul-pelosis-tesla-investment-predated-joe-biden-order/6727271002/ But its ok because she bought it a month before… Yet the government loses its minds when autists on the internet short gamestop Though it’s nearly impossible to know how much Pelosi has made from this investment
With volatility likely to continue in the market, TipRanks brings you the latest analyst action on some of your favorite stocks to help you navigate through the ups and downs. Let’s take a closer look at the top bullish and bearish calls of the day and see what market pundits are recommending. Upgrades 1. FedEx
Take a look at some of the biggest movers in the premarket: Uber (UBER) – Uber announced record gross bookings for March, with its ride-hailing business improving 9% month-over-month for its best showing in a year. The company said in a filing that demand is recovering faster than driver availability as vaccines roll out across the
by Michael Snyder Warmongers are now firmly in control in Washington, and they are pushing us toward war a little bit more each day. A military conflict with Russia, China or Iran would be a nightmare scenario, but there is also a possibility that we could end up fighting all three of them simultaneously. Such
Stocks of companies operating within the Bitcoin ecosystem have profited from the leading cryptocurrency’s continuous rise. Case in point: shares of Marathon Digital Holdings (MARA) have skyrocketed by 377% year-to-date. That’s peanuts, however, compared to its trailing twelve-month gains – all 11,234% of them. No, that’s not a typo. The thing is, Marathon isn’t even
Shoppers wearing protective masks push shopping carts inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images The pace of consumer inflation is likely to have returned to prepandemic levels in March, and it is expected to heat up even more in the next
By Chris Black I am not a big fan of ideologies; actually, I don’t have an ideology as I view ideologies as completely irrelevant in 2021. Ideology means nothing to me, it’s just another mind-fuck to keep you blind to the truth and make you believe in utopias. However, what happens in America in 2021
MEI Pharma announced positive preclinical data for its orally administered drug, voruciclib. Voruciclib blocks CDK9, a cyclin-dependent kinase (CDK) inhibitor and hinders growth of KRAS mutant cancers. MEI Pharma’s (MEIP) President and CEO, Daniel P. Gold, Ph.D said, “Collectively, the data reported today offer the opportunity to expand our current development activities with voruciclib and
In this article 9988-HK QCOM CMG UAL PLUG NUAN UBER TSLA A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Tesla — Shares of Tesla popped nearly 3% after Canaccord Genuity upgraded the stock
by Lance Roberts Recently, the March jobs report showed a whopping 916,000 new jobs. Interestingly, there were some anomalies in the data and millions missing from the official count. As shown, there has been a substantial reduction in the unemployment rate back to 6%. Historically, an unemployment rate of 5% was considered “full employment.” However, for the
Business-to-business rental company McGrath RentCorp has acquired Kitchens To Go. The latter provides modular solutions to food service providers that need flexible facilities. McGrath RentCorp (MGRC) President and CEO Joe Hanna said, “Our acquisition of Kitchens To Go is highly complementary to our modular building rental business. As we expand our ability to provide solutions
by Michael Snyder From coast to coast, major U.S. cities are being transformed into war zones, and our politicians seem powerless to stop the carnage. If we can’t even feel safe walking down the street anymore, what does that say about our society as a whole? Over the past couple of months, I have published
For investors looking for a hint as to policy-makers’ view of the economy, the Federal Reserve has come through. The central bank released the minutes of its most recent policy meeting – at which it decided not to raise interest rates or scale back on its easy-money polices – and the inside look at the
In my decade forecast, I projected that in the next recession that the deficit would climb to over $2 trillion. Clearly, that demonstrates I am an optimist. Here’s a chart I shared back in January. SOURCE: CONGRESSIONAL BUDGET OFFICE Between reduced tax revenues and increased spending, I now expect this year’s deficit will be at least
For gene sequencing company Pacific Biosciences (PACB), also known as PacBio, regulators’ refusal to allow Illumina (ILMN) to buy the company may have been a blessing in disguise. Since Illumina abandoned its bid early in 2020, PacBio has changed up its senior management team, secured its funding needs from SoftBank Group (SFTBF), announced a major
by Mike Shedlock Lacy Hunt at Hoisington Management has some interesting thoughts regarding the inflation debate and the potential for decelerating inflation. Case For Decelerating Inflation In its Quarterly Review and Outlook for the First Quarter of 2021 Lacy Hunt makes a case for decelerating inflation. Contrary to conventional wisdom, disinflation is more likely than
The broader U.S. market averages gained at least 2% across the board last week. Technology and Consumer Discretionary names led the way higher, while the Energy sector lagged. On Monday, the ISM non-Manufacturing index posted a record high of 63.7 for March. This is another recent positive sign that the Services sector is coming back,
by confoundedinterest17 The Biden epic spending spree and The Federal Reserve’s epic money printing has resulted in a host of outcomes. First, cryptocurrency Bitcoin finally hit $61,000 today before backing-off. The massive increase in The Fed’s money printing (M2) has stimulated stock market growth (S&P500) along with cryptocurrencies Bitcoin and Ethereum. The out-of-control money printing has
The latest noises coming out from China suggest XPeng (XPEV) is keen to produce its own chips in-house. According to Chinese news outlet 36kr, using a small team of less than 10 engineers, the Chinese EV maker is developing its own autonomous driving chip. The production started a few months ago and is taking place
by confoundedinterest17 Friday’s Purchase Price Index Final Demand YoY came in hotter than expected (4.2% YoY compared to an expectation of 3.8% YoY). Economists surveyed by Bloomberg are forecasting a 2.5% YoY for CPI to be released on Monday morning. But it is difficult to forecast the CPI YoY figure given that consumers are projected
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