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Goldman Sachs Reports Surge in Third-Quarter Earnings
Goldman Sachs (NYSE: GS) reported third-quarter earnings on Wednesday morning that were both better than expected and reflected impressive year-over-year gains in net revenue for all four of its
Why Activision Blizzard Is the Best Gaming Stock of 2020
A string of stellar earnings reports have sent top gaming stocks to new highs, significantly outperforming the S&P 500 index so far in 2020. Activision Blizzard (NASDAQ: ATVI) is having the best
Netflix Is Looking Ahead to 200 Million Global Users
Netflix (NASDAQ: NFLX) is set to announce its third-quarter operating results on Tuesday, Oct. 20. And with shares having soared over 70% so far in 2020, there are clearly some high expectations for
Verizon Rolls Out 5G Service Around the U.S.
Verizon Communications (NYSE: VZ) announced on Tuesday that it has launched its highly anticipated next-generation mobile service throughout the country. A great many of the carrier's customers will
Billionaire Investor Says Tesla Is a $2 Trillion Stock
Billionaire investor Ron Baron thinks the sky's the limit when it comes to Tesla's (NASDAQ: TSLA) valuation. He sees the electric vehicle (EV) company growing fivefold over the next decade as its
How to Go From Broke to $1 Million in Only 20 Years
One million dollars is still a lot of money. As crazy as it may seem if you don't have anything saved at the moment, you may have a path to reaching a net worth that high within the next two
The New Way to Own the Nasdaq's Hottest Stocks
The stock market was relatively quiet on Wednesday, taking a break from recent volatility to gather itself. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been on fire lately, and it still managed to
Apple Just Made 3 Sneaky iPhone Price Increases
The long-awaited 5G iPhone is here. Apple (NASDAQ: AAPL) just unveiled four new iPhone models, further expanding its lineup of devices and price points. But hidden within Apple's announcements were
Why Piedmont Lithium's Tesla News Sparked a 15% Pop This Morning
Piedmont Lithium (NASDAQ: PLL) shares rushed out of the gate Wednesday morning, rising as much as 15% before settling down to a still-respectable 6.7% gain as of 11:55 a.m. EDT.
The stock appears to
Why Sorrento Therapeutics Is Tanking Today
Sorrento Therapeutics (NASDAQ: SRNE), a clinical-stage biotech with an extensive COVID-19 product pipeline, is having a rough day today. The biotech's stock is down by a noteworthy 14% as of 10:54
Where Are All the Losses? Takeaways from JPMorgan Chase's Stellar Q3 Earnings
JPMorgan Chase (NYSE: JPM) surpassed analysts' earnings expectations in the third quarter, generating a $9.4 billion profit in a phenomenal performance for the bank.
Not only does that result top
What Would an AMC Entertainment Bankruptcy Mean for You?
It's a race against time for AMC Entertainment Holdings (NYSE: AMC). The multiplex operator warned earlier this week that it could run out of money by the end of the year. Only a bounce in
Mixed Stock Markets Leave NIO Charging Up, B of A Powering Down
The stock market has seen some volatility in recent weeks, with early September's correction giving way to a big bullish bounce in October. Investors have gotten more optimistic than ever about the
Alaska Air's Cash Burn Ticks Higher as More Cuts Loom
Alaska Air Group's (NYSE: ALK) cash burn increased in September compared to August and is expected to grow higher still in October, but the airline is taking steps to bring down costs to weather the
Intel Should Worry About AMD's Rumored Interest in Xilinx
Xilinx's (NASDAQ: XLNX) stock recently popped after The Wall Street Journal claimed AMD (NASDAQ: AMD) was mulling a takeover of the programmable chipmaker for over $30 billion. Investors ought to be
Is Enbridge Stock a Buy?
With a huge $60 billion market cap, Canada's Enbridge (NYSE: ENB) is easily one of the largest midstream companies in North America. It currently offers a yield of roughly 8.3%, generous in any
Lyft Deal With Grubhub Challenges Uber in Food Delivery
Earlier this year, Uber Technologies (NYSE: UBER) pursued the acquisition of food delivery service Grubhub (NYSE: GRUB) to expand its Uber Eats business. When an agreement couldn't be reached on
Why Concho Resources Popped 15% Today
Shares of oil and gas exploration and production company Concho Resources (NYSE: CXO) jumped by as much as 15% Wednesday morning after Bloomberg reported that it was in talks to be acquired by
2 Retail Stocks Poised for a Bull Run
With COVID-19 cases on the rise, many are fearing the dreaded second wave. Certainly, a lot of retailers have experienced the pain of having to shut down their operations earlier this year.
This
Is MGM Resorts a Millionaire-Maker Stock?
The pent-up demand for casino action many anticipated isn't panning out the way many expected, so the road to recovery for MGM Resorts (NYSE: MGM) and other casino operators is going to be a longer
Why Centennial Resource Development Stock Jumped 13% in Early Trading Today
Shares of U.S. onshore exploration and production (E&P) company Centennial Resource Development (NASDAQ: CDEV) rose just about 13% in the first half-hour of trading on Wednesday. The big jump came
DraftKings, Penn National Rise as Legal Sports Betting Gets Closer in New York, Michigan
Online sports betting company DraftKings (NASDAQ: DKNG) and Barstool Sports owner Penn National Gaming (NASDAQ: PENN) rose Wednesday morning as Michigan moved closer to finalizing its new digital
Eli Lilly's COVID-19 Treatment Candidate Has a Manufacturing Site Problem
Eli Lilly's (NYSE: LLY) COVID-19 roller-coaster ride took a turn for the worse on Wednesday morning. According to Reuters, the FDA found quality-control issues last year at a site currently being
The 2 Best-Performing Stocks of 2020 Through the Third Quarter (No. 1 Might Surprise You)
Who would have bet in early 2020 that a company in the industrials sector (rather than, say, one in the technology sector) would be the year's best-performing stock on the S&P 500 index at the end
U.S. Bancorp Beats Estimates on Revenue Gains, Lower Expected Credit Losses
U.S. Bancorp (NYSE: USB) saw earnings drop 13.9% in the third quarter to $0.99 per share, but the bank beat earnings estimates and showed improvement over last quarter, helped by lower provision for


