Text size Nicholas Asfouri / AFP via Getty Images As Apple approaches a valuation of $ 2 trillion $, analysts continue to ratchet their price targets ahead. Wedbush analyst Dan Ives, who shares one of the more aggressive bulls on Apple (AAPL) shares, on Monday reiterated his Outperform rating and …
Read More »FedEx, UPS shares grow to power Dow transports to 9th straight gain
Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
Read More »Boeing Is the largest contributor to the Dow today. Here’s why.
Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
Read More »Tesla Inc. stock falls Monday, underperforming the market
Shares of Tesla Inc. TSLA, -2.35% hit 2.35% to $ 1,418.57 on Monday, proving to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 1.30% with 1.30% increase to 27,791.44 and the NASDAQ Composite Index COMP, -0.38% falling 0.39% to 10.968.36. This …
Read More »Facebook is kicking off financial unit in another bid to capture digital payments, commerce
Facebook Inc. has a new payment group with a familiar face. David Marcus, co-creator of the company’s Libra cryptocurrency project, will lead Facebook Financial, an initiative to run all payment projects, including Facebook Pay, a feature it plans to build in all has apps. Former Upwork Inc. UPWK, -2.94% Chief …
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