(Bloomberg) — Coinbase Global Inc., like the rest of the cryptocurrency market, is having a really tough week. Not filing-for-bankruptcy bad, but the biggest US crypto exchange did just mention the B-word in a regulatory filing, giving its customers a painful reminder of how bad things could get for them if Coinbase ever does get […]
Read More(Bloomberg) — Elon Musk’s bid to buy Twitter Inc. is facing more scrutiny in Washington following a report that the US Securities and Exchange Commission is probing whether he broke rules last month when disclosing a large stake in the social media platform. The Wall Street Journal reported on Wednesday that the SEC is investigating […]
Read More(Bloomberg) — Online used-car dealer Carvana Co. is trading as if the pandemic that spurred an almost 1,200% surge in its stock price never happened. Wall Street, however, has yet to fully adjust to the company’s new reality. Analysts’ average target on the stock has tumbled 68% this year, but at $117 is still more […]
Read More(Bloomberg) — It’s been a long few weeks since the crypto crowd was partying in Miami. Coinbase Global Inc. founder Brian Armstrong had a personal fortune of $13.7 billion as recently as November and about $8 billion at the end of March. That’s now just $2.2 billion, according to the Bloomberg Billionaires Index, after a […]
Read MoreMarathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. MPC $93.5100 1.7900 % 1.9500 Marathon Petroleum Corp Sector : Oils-Energy Industry : Oil – Refining and Marketing Signal Short Term Trend Long Term Trend BUY […]
Read MoreClick the symbol for the chart and signal Dorian LPG Ltd. (LPG) Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 19, 2021, its fleet consisted of twenty-three VLGCs. Ardmore […]
Read MoreMondelez International, Inc. (MDLZ) Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits, including cookies, crackers, and salted snacks. The Kraft Heinz Company (KHC) The Kraft Heinz Company, together with its subsidiaries, manufactures […]
Read MoreBuy Price: $51.20 or better Sell Price: TradersPro Sell Signal Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States […]
Read MoreThere are any number of dynamics that come to play in the markets at any given time, which means that the ebb and flow of a nation’s economic health can be tied to a lot of other societal elements, including political and geopolitical shifts, social perceptions and changes, and as we have seen since the […]
Read More(Bloomberg) — A basket of so-called meme stocks that took Wall Street by storm at the start of 2021 slumped to a record low this week, erasing the last vestiges of the retail-investor driven rally that made them famous. The group of 37 retail trading favorites tracked by Bloomberg extended a four-day slide on Tuesday, […]
Read MoreSince their introduction to the mainstream in 2009, cryptocurrencies have experienced rapid growth in value, utility, and popularity. Several are accepted by many retailers and merchants, and investors are eyeing them as a possible way to earn returns and store value. Governments are trying to figure out how to tax and regulate them. Ethereum, the […]
Read More(Bloomberg) — The rout in stocks isn’t over just yet, according to Morgan Stanley strategists, who see scope for both US and European equities to correct further amid mounting concerns of slowing growth. Strategist Michael Wilson, who has long been a skeptic of the decade-long bull run in US stocks, said in a note that […]
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