Tuesday’s market minute Global actions rise in support of stimulus as EU leaders agree on a historic 1.85 trillion euro bailout and budget package as US lawmakers resume talks in Washington. EU leaders will allow the triple A-rated European Commission to raise € 750 billion for member states in capital …
Read More »Stock Market Today With Jim Cramer: How To Trade Amazon
The Dow, S&P 500 and Nasdaq rose on Monday after strong earnings reports and positive news from vaccine studies. Tech Midday Movers share information about what’s happening in tech stocks on Monday. TheStreet also looks at the five stocks that move the market on Monday. TheStreet’s Katherine Ross discussed the …
Read More »Goldman sees 28% upside potential on Amazon and ties to high street price target in ‘Accelerating Ecommerce Growth’ (AMZN)
According to Goldman Sachs, “accelerating the growth of e-commerce” will propel Amazon to new all-time highs. Goldman and Jefferies on Monday assigned a high street price target on Amazon of $ 3,800, representing upside potential of 28% since Friday’s close. The update occurs when consumers have relied heavily on e-commerce …
Read More »AstraZeneca slips even as company coronavirus vaccine test results show ‘promise’
Shares of AstraZeneca fell on Monday even after the publication of positive results from a trial of its experimental vaccine COVID-19 developed in association with the University of Oxford. The study, published in The Lancet on Monday, said healthy volunteers who received the experimental vaccine, called AZD1222, showed immune responses. …
Read More »Nikola slips 21% after company files for sale of 24 million shares (NKLA)
Nikola fell as much as 21% on Monday after the company released a prospectus describing its intention to sell up to 23.9 million shares. In addition, existing shareholders seek to sell up to 53.4 million shares, according to the prospectus. Nikola said the proceeds from the sale would be used …
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