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Why Tesla Stock Soared Higher on Thursday
Shares of electric-car maker Tesla (NASDAQ: TSLA) rose sharply on Thursday, climbing past $1,200 for the first time. Shares rose more than 9% shortly after market open.
Investors cheered the
Penn National Gaming's Path Forward
Earlier this year, Penn National Gaming (NASDAQ: PENN) completed the first of two planned equity purchases of Barstool Sports. The deal gave Penn 36% of Barstool with warrants to acquire up to 50%
U.S. Treasury Finalizes Loans for Five Airlines
The U.S. Treasury said Thursday it has finalized loan terms with five airlines, part of the nearly $50 billion in assistance offered to the industry as part of the CARES Act stimulus plan.
Treasury
Why Apple's Shares Rose 14.7% in June
Shares of Apple (NASDAQ: AAPL) rose 14.7% in June, according to data provided by S&P Global Market Intelligence.
The company's shares are up 21.5% since the start of the year, after recently hitting
McDonald's Pausing Restaurant Reopenings
McDonald's (NYSE: MCD) is putting the brakes on the planned reopening of the restaurants throughout its system, various news media outlets are reporting. The fast-food giant will pause the
Coty Names Former L'Oreal Executive as Its Fifth CEO in 4 Years
It seems just like yesterday that Coty (NYSE: COTY) announced it was appointing Chairman Peter Harf as CEO. He was, he said at the time, "delighted to return to an active leadership role" and lead
Amazon's Twitch Sees Massive Surge in Engagement Amid COVID-19 Lockdowns
With many people stuck at home during the second quarter due to the coronavirus outbreak, engagement on all manner of streaming platforms has soared. That includes popular video-streaming services
Waiting for a Second Stimulus Check? Here Are 3 Dates to Watch
For Americans desperate for a second stimulus check, there was some recent good news. President Trump has not only indicated there will be another stimulus bill, but he's also promised that
Why Cloudflare Stock Climbed 23.7% in June
Shares of Cloudflare (NYSE: NET) jumped 23.7% in June, according to data from S&P Global Market Intelligence. The cybersecurity stock saw big gains near the middle of the month following positive
Why Simon Property Group, Macerich, and Tanger Factory Outlet Centers All Rose 15% or More in June
Shares of mall-focused real estate investment trust (REIT) Macerich (NYSE: MAC) rose an impressive 31% in June, according to data from S&P Global Market Intelligence. Stock for industry bellwether
Despite Relief, Most Small Businesses Still Laid Off Staff This Year
The COVID-19 crisis has battered the U.S. economy on a whole, spurring a full-fledged recession. But while relief has been made available for small businesses -- those perhaps less equipped than
Unemployment Fell in June, but That Doesn't Mean the Economy Isn't in Trouble
COVID-19 has spurred an unemployment crisis like no other. In April, the jobless rate hit a record high of 14.7%, and while that number dropped to 13.3% in May, a deeper look into that data reveals
Why Spotify Technology Stock Skyrocketed 42.7% in June
Shares of Spotify (NYSE: SPOT) gained 42.7% in June, according to data from S&P Global Market Intelligence. The audio streaming stock gained ground in conjunction with momentum for the broader
Is Universal Display Stock a Buy?
The first half of 2020 was no fun for us investors in Universal Display (NASDAQ: OLED). The stock fell as much as 48% year to date in March and recovered with a 37% rise from that point to the
SmileDirectClub Sues Largest Dental Insurer for Not Covering Its Aligner Therapy
SmileDirectClub (NASDAQ: SDC) isn't smiling about its relationship with Delta Dental Plans. The company announced that it is suing the largest specialty dental insurer for its refusal to cover
Peloton's Stock Is Still Priced for Perfection
Peloton Interactive's (NASDAQ: PTON) stock price has nearly doubled since it completed its initial public offering at $29 a share just nine months ago. Investors have reacted positively to the
Why This Under-the-Radar Biotech Stock Could Skyrocket
Investing in clinical-stage biotech stocks is risky. While positive results from clinical trials can send shares flying, the probability of a newly developed drug successfully making its way through
Target's Joining the Biggest Trend in E-Commerce
Target (NYSE: TGT) is adding groceries to its curbside pickup program, Drive Up. After successful tests in Minneapolis, Target expanded grocery pickup to 400 stores in the Midwest, and it plans to
Will Legal Problems Bankrupt Johnson & Johnson?
A flurry of legal challenges is always a good reason for investors to be wary of a company. Even if the business is not in danger today, things could get worse down the road.
Johnson & Johnson
Why Continental Resources Stock Rebounded 32% in June
Shares of Continental Resources (NYSE: CLR) jumped 32.5% in May, according to data provided by S&P Global Market Intelligence. Several factors fueled that rally, including the continued rebound in
Better Buy: Adobe vs. Shopify
Adobe (NASDAQ: ADBE) is a software stalwart. Shopify (NYSE: SHOP) is a newer, faster-growing company that provides e-commerce capabilities to businesses. While their business models differ, both
Is Nikola the Next Tesla? Investors Seem to Think It's Better
When Nikola Motor Corp. (NASDAQ: NKLA) went public earlier this month, it announced plans to begin producing its first battery-electric vehicles (BEV) in 2021, with production of hydrogen fuel cell
3 Signs It's Not the Right Time to Retire
The coronavirus pandemic has fundamentally changed several aspects of society, from how we work to how we shop to how we spend time with loved ones. And because nobody knows exactly how long the
Here's Why Conventional Cable's Biggest Threat Is ... Google? Yes, Google.
Cable TV customers all over the world are cutting the cord. That's nothing new. But one of the biggest names prompting cable cancellations isn't the one you might expect. It's YouTube, which
Why Gap Stock Soared 41% in June
Gap (NYSE: GPS) shares easily beat the market last month. The stock soared 41% compared to a 1.8% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally


