Tesla shares rose as much as 5.8% in pre-market trading on Wednesday after the company posted fourth consecutive quarter earnings. Elon Musk’s electric car company reported $ 104 million in net revenue, a big improvement from its $ 408 million loss in the second quarter of 2019. Tesla is now …
Read More »Warren Buffett invested $ 800 million in Bank of America, increasing his stake to more than 11%
Warren Buffett disbursed more than $ 800 million in Bank of America shares this week. The billionaire investor and Berkshire Hathaway chief bought nearly 34 million shares, raising his stake in the bank to approximately 11.3%, SEC filings show. Bank of America shares have fallen 32% this year, suggesting that …
Read More »Tesla, Microsoft, Dow Futures, AT&T: 5 things you should know
Here are five things you should know for Thursday, July 23: 1. – Stock futures rise as Wall Street weighs gains, tensions between the United States and China Stock futures rose on Thursday as investors on Wall Street weighed in on the mixed earnings reports and the possibility of further …
Read More »5 stock winners for Wednesday: BioNTech, VBI Vaccines, Calix
Shares ended higher on Wednesday following news that drug maker Pfizer (PFE) – Get report reached a coronavirus vaccine agreement with the United States government. Global coronavirus infections crossed 15 million on Wednesday, according to Reuters, and the US reported more than 1,000 deaths from Covid-19 on Tuesday, the first …
Read More »Stock market today with Jim Cramer: don’t buy Pfizer now
The Dow and S&P 500 are rising today on positive news about Pfizer’s coronavirus vaccine, but the Nasdaq has slipped in part due to mounting tensions between the United States and China. Katherine Ross of TheStreet discussed the latest news on the Street Lightning stock market with Jim Cramer. Cramer …
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