Hayden Capital had a pretty good year – 101.2% back in the first half, according to its second-quarter share letter. Fred Liu, her management partner, discussed two of her so-called ’10 dredgers, ‘that is, investments that returned 10 times the original investment. One was a company that everyone knows, Amazon.com …
Read More »Tesla stock jumps after news of split split, Baird’s analyst maintains neutral rating and price target
Shares of Tesla Inc. TSLA, -3.11% rose 6.1% in prime trading on Wednesday after falling 7.7% amid a 3-day losing streak, following the announcement of the electric car maker’s announcement of a 5-for- 1-share split. Analyst Ben Kallo at Baird reiterated the neutral rating he had on the stock market …
Read More »Why did the S&P 500 close on the brink of its first record high in 6 months
Millions of Americans are out of work because of the business closures caused by the COVID-19 pandemic, but you would not know about the S&P 500. The broad-market index, despite Tuesday’s strike, is about to close its first record high since February 19, a period of 121 trading days, including …
Read More »The British economy suffered a setback in the second quarter
A woman in a protective face mask is waiting for clients at a souvenir shop in landmark Southbank – a cultural center of London, as the city encourages internal tourism after drastic shrinkage of Coronavirus international tourism shrank in London, England, 10 August 2020. Dominika Zarzycka / Zuma Press The …
Read More »Airline shares rise as travel demand increases, reaching new post-COVID-19 heights
Airline shares were broadly higher on Tuesday, stimulated by a continuing rebound in demand from travelers for fresh post-COVID-19 highs and notable analyst remarks that stimulate investor interest. The US Global Jets exchanged trade found JETS, + 1.03% rose 3% to a nearly two-month high in morning trading. The ETF …
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