Whenever there is a surprise in stocks, customers’ stocks usually start pouring. But recently, financial advisers have been getting more and more customers from worrying about the devastation of West Coast wildfires, which come amid the worst public-health crisis of a century this year. “We always get a lot of …
Read More »Palantier Trades High in NYSE Debut
Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
Read More »The increase in Snowflake IPO makes it a pricey tech stock by a mile
Snowflake shares began trading on the New York Stock Exchange on Wednesday. NYSE Snowflake Inc. The record’s initial public offering gives the company an eye-popping appraisal that looks cheap to other obscure technology names by comparison. Snowflake share, + 111.60% The company rose 111.6% in Wednesday’s session after making the …
Read More »Piloton compares to Netflix and Amazon in the way that demand is booming
Peloton is excited about the growth potential for its Connected Fitness offering fur, which gives .ex access to virtual workouts. Peloton Investors have recently expressed little concern about whether popular “stay-some-home” companies will be able to maintain their momentum, but analysts are optimistic about the prospect of moving to Piloton …
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