Tesla upgraded to Buy with new price target of $1,071
Tesla Inc (NASDAQ:TSLA) has received an upgrade and price target increase for its exposure to the energy storage business. Canaccord Genuity analyst Jed Dorsheimer upgraded the stock to Buy and raised his price target to $1,071. Q1 2021 hedge fund letters, conferences and more Tesla Upgraded The new price target is based on 62 times […]
Tesla Stock Steadies For A Fresh Rally
A 3.5% pop on Monday had shares of Tesla (NASDAQ: TSLA) right around their short-term resistance level of $710. They've been consolidating below there for the past month after selling off sharply in February and look ripe for a breakthrough
BlackRock Emphasizes ESG Ahead of First Quarter Earnings
BlackRock (NYSE: BLK) is set to report is first quarter earnings on Thursday; the largest asset manager in the world launched two new Environmental, Social, and Governance (ESG) ETFs on Thursday, showing where its focus lies ahead of the earnings release.
It Looks Like Amazon Has Beaten Back The Union
The final tally on whether to unionize an Amazon Inc (NASDAQ:AMZN) warehouse in Alabama isn't expected until later today, but it looks like the push will be overwhelmingly defeated. The National Labor Relations Board counted almost half the ballots by 4 p.m. Pacific and found that the number of votes against organizing outnumbered those in […]
Amazon Contests Hundreds Of Ballots In Union Vote
Amazon Inc (NASDAQ:AMZN) has reportedly contested hundreds of ballots in the vote about whether to unionize its Bessemer, Ala. warehouse. Officials are set to start counting those ballots publicly this afternoon or Friday morning. Q1 2021 hedge fund letters, conferences and more Union Drive Sees 55% Voter Turnout According to CNBC, the Retail, Wholesale and […]
Amazon CEO Jeff Bezos Supports Corporate Tax Hike
Amazon Inc (NASDAQ:AMZN) CEO Jeff Bezos supports raising taxes on corporations, but it seems he might not support the entire infrastructure bill that includes the tax hike. In a statement, Bezos said Amazon supports "the Biden Administration's focus on making bold investments in American infrastructure." Q1 2021 hedge fund letters, conferences and more However, he […]
Small Businesses Push Back Against Amazon On Antitrust Issues
A national coalition of small businesses is calling for stronger antitrust measures in a pushback against Amazon Inc (NASDAQ:AMZN). If the group successfully pushes through the measures, they could force the company to spin off some of its businesses. [soros] Q1 2021 hedge fund letters, conferences and more Small businesses target Amazon According to The […]
Time to Scale into Twitter Stock on These Pullbacks
Social media platform Twitter (NYSE: TWTR) stock has been in the center of much controversy fending off the scrutiny of the U.S. Congress along with peers Facebook (NYSE: FB) and Google (NASDAQ: GOOG) regarding censorship, data privacy and liability concerns.
More Than 500 Million Facebook User's Data Has Been Leaked
Over 500 million Facebook users had their data leaked and posted to online hacking forums.
Tesla Stock Jumps After First-Quarter Delivery Beat
Tesla Inc (NASDAQ:TSLA) stock jumped in premarket trading after the automaker reported better-than-expected delivery numbers for the first quarter. The company reported on Friday that it delivered 184,800 vehicles and produced 180,338 Model 3s and Model Ys during the quarter. Analysts had been expecting only 168,000 deliveries, according to FactSet. Q4 2020 hedge fund letters, […]
3 Oil Stocks to Buy Before the Reopening
The price of crude oil recently went back over $60 a barrel. The pent-up demand is beginning to gain momentum. As it does investors are beginning to realize that there's an opportunity in oil and gas stocks. With that in mind, these three stocks look to be in growth mode for opportunistic investors.
Supreme Court rules that Facebook's phone system isn't illegal
The Supreme Court has sided with Facebook Inc (NASDAQ:FB) in a lawsuit filed over its text alerts. The justices voted unanimously that the social networking giant's phone notification system does not violate a law that prohibits "automatic telephone dialing systems." Q4 2020 hedge fund letters, conferences and more Supreme Court rules Facebook didn't violate law […]