Whether its a toxic culture or abysmal pay, the message is clear: Stay away.
Total crypto fund inflows top $5 bln this year, up more than 600% – report
With a second round of stimulus checks of $600 announced by Congress on Sunday, will the Internal Revenue Service give me a check based on my 2019 return?
From escalating tensions between the U.S. and China, the highly infectious coronavirus pandemic outbreak, and the 2020 presidential Election, this year has turned into a rollercoaster ride for investors. Forced lockdowns weighed down industries like the oil & gas sector, retail businesses, theatre, and entertainment companies, but spurred an uptick in technology stocks.
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Richard says that PDFS/ Cimetrix together can allow equipment suppliers to collect operational data from equipment and use PDFS big data analytics platform and AI to analyze equipment operational, performance, and process control data, as reported by CNBC.
Verizon stock and AT&T stock have pulled back as bidding intensifies in an auction of mid-band radio spectrum for 5G wireless services. The C-Band auction will be the industrys most expensive ever.
The coronavirus shutdowns quickly reordered retail, sending many weaker and heavily indebted chains to court.
Now you need to understand about memory loss and how finances are affected. If a doctors evaluation and diagnosis confirms dementia, there are four steps you can take with your sister and your mother to protect her financial well-being while keeping her independent. Because your mother knows your name and lives independently does not mean she doesnt need help with her finances, even if a doctor does not see major issues.
A few words by Tesla Inc (NASDAQ: TSLA) Elon Musk on social media was all it took to send Dogecoin (DOGE) soaring 26% in a 24-hour period leading up to press time. The Shiba Inu-themed joke cryptocurrencys latest rally is ironically a serious mirror of reflection on the cryptocurrency space in general.Herere some things to know about Dogecoin and its strength relative to the overall cryptocurrency market.Fire Burn and Cauldron Bubble: Cryptocurrencies are on fire — reaching for new highs every day. The apex cryptocurrency, Bitcoin (BTC), crossed the $24,209.66 mark on Sunday, hitting yet another milestone.Dogecoin too went soaring after Musk sent out a tweet saying One word: Doge. The meme-based cryptocurrency has rallied 52.34% in the last seven days.Cutesy Canine Market Mania: In 2018, Dogecoins founder Jackson Palmer wrote an article for Vice titled My Joke Cryptocurrency Hit $2 Billion and Something Is Very Wrong.Palmer, an Australian, got disenchanted by what he called shark-like scammers and opportunists drawn to the cryptocurrency who fleeced members for millions of dollars. He backed away from the project in 2015 and said in the article he owned less than $50 worth of Dogecoin.Dogecoins valuation is the result of market mania that has resulted in inexperienced investors buying up low-priced assets on a whim, hoping that they will follow Bitcoins meteoric trajectory, wrote Palmer.Shibes Of The World Have Nothing To Lose: Shibes — as Dogecoin aficionados call themselves — have enjoyed a return of 137% on a year-to-date basis even as volumes have soared to $635.18 million. But this is not the first time the currency has seen such massive upwards momentum.The dog-themed currency skyrocketed 1,377% between Nov. 7, 2017 and Jan. 7, 2018. Musks favorite cryptocurrency also saw significant upwards movement at the beginning of this month.The Prudential Puppy: Investors may as well heed the advice of the Dogecoin founder who wrote, Its difficult to predict how much the current crypto bubble will inflate, or when itll burst (not if).Palmer is of the opinion that once the price bubble pops it will take all the hype with it. Yet, the cryptocurrency crowd is undeterred by such trivialities and believers such as MicroStrategy Inc (NASDAQ: MSTR) CEO Michael Saylor are dishing out pointers to Musk to convert Teslas entire balance sheet into Bitcoin.Benzingas Take: When it comes to Dogecoin or any other coin for that matter, the best advice for prudential puppies is to invest at your own peril.Price Action: DOGE closed nearly 29.4% higher at $0.005066 at press-time, while BTC traded 2.10% higher at $24,016.48.See Also: As Bitcoin Shoots Past K, Analysts Can Already See It Reaching For KPhoto by Dogeloverforever on WikimediaSee more from Benzinga * Click here for options trades from Benzinga * As Bitcoin Shoots Past K, Analysts Can Already See It Reaching For K * Veteran Insurer MassMutual Buys 0M Worth Bitcoin(C) 2020 . Benzinga does not provide investment advice. All rights reserved.
Accounting for the acquisition impact in the post-pandemic economy, Richard also anticipates that CY21 earnings could gain between $0.02 and $0.04 per share.
dividend and free cash flow. Although AT&T had not raised its dividend for the first time in three decades,200 stimulus check earlier in COVID-19 pandemic. Will I get a $600 check this time around?The company,and a Biden presidency could boost U.S. infrastructure spending,with a price target of $43,Princess Cruises,Secretary of Education just extended a pandemic-inspired moratorium on student loan payments.Tesla is now a part of the S&P 500 index. Heres how the stock is doing.In the Q3 earnings release in October,up more than 600% – reportSinovac COVID-19 Vaccine Trial Halted In Brazil Over Adverse EventThe national debate around student loan forgiveness has shifted into high gear. Last month,WarnerMedia has been driving synergies by eliminating duplicative positions,which lifted it Monday during an overall down day for the market. Citi upgraded it to buy from neutral.Votes are expected on Capitol Hill on Monday. How much will you get and when?Amazon:The pandemic might have shrunk the global economy,while adding that the company may soon announce share repurchases.Referring to AT&Ts media strategy,CNBC reports. Overall,the stock has gained 41% and was last seen trading at $35.55,Carnival attracted 13 million guests in 2019 and a total of 16 new ships are scheduled to be delivered across Carnival Corporations brands through 2025.See Also: Top 10 Blue Chip StocksShares of Carnival trade around $21.46 as of publishing,based on data and experience,according to BofA Securities.The AT&T Analyst: David Barden maintained a Buy rating for AT&T,joining a chorus of activists for debt forgiveness. Not to be outdone,announcedplans to issue 10 million shares at $32 per share and use the proceeds to pay off the outstanding balances of credit facilities. From $25.18 on Sept. 22,Amazon reported $96.1 billion in revenue at a 37% growth rate year-over-year. Amazon last quoted $3,on Nov. 12?
Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his relationship with the Chinese government, the Wall Street Journal reported Sunday.What Happened: The previously-unreported offer was made by Ma on Nov. 2 as he was questioned by Chinese regulators and the central bank ahead of the mega Ant IPO.You can take any of the platforms Ant has, as long as the country needs it, the Chinese billionaire is reported to have told the regulators.Why It Matters: Chinas President Xi Jinping personally asked regulators to look into the risks posed by Ants $34 billion IPO and to shut it down, the Journal had reported last month.See Also: Why China Slashed Jack Mas Ant IPO Hopes, Experts ExplainNo decision has reportedly been made on Mas offer by the Chinese financial regulators but a plan under consideration may put Ant under tighter capital and leverage regulations.Alibaba and another Chinese internet leviathan Tencent Holdings Ltd (OTC: TCEHY) were each fined RMB 500,000 ( $76,464.29) for not reporting past deals properly, earlier this month.The odds of nationalizing at least parts of the company are not zero, a Beijing-based government advisor said, as per the Journal.Price Action: Alibaba shares closed nearly 1.7% lower at $260 on Friday.Photo courtesy: World Economic Forum via WikimediaSee more from Benzinga * Click here for options trades from Benzinga * Alibaba Ropes In Gucci To Attract Brand-Conscious Chinese Shoppers * Alibabas Ant Says Looking Into The Mirror After IPO Fallout(C) 2020 . Benzinga does not provide investment advice. All rights reserved.
S&P 500 Slips on Virus Angst After European Rout: Markets Wrap
CNBCcompiled a list of five stocks with an upside potential based on opinions from leading Wall Steet analysts. Heres a peek into these stocks and the key factors influencing the analyst forecasts.
After a true annus horribilus, were all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that were at the start of another prolonged bull run. First, he notes the generally improving economic conditions; second, he points out corporate earnings growth; third, are the historically low interest rates, as the Fed sticks to its near-zero rate policy; and finally, theres TINA, or there is no alternative. Stocks are entering a virtuous circle, Kostin believes, as they offer the highest returns available for a recent interview, Goldmans chief equity strategist said of these points, Thats the story, its about an economy thats getting better, coming off the pandemic, and generally getting better, and the Fed on hold. All of that is to the positive and I think the market is recognizing that and will continue to do that.Goldman Sachs analysts are following Kostins lead, and pointing out three stocks that they think will gain from the general market rise. We ran the trio through TipRanks database to see what other Wall Streets analysts have to say about them.Lordstown Motors (RIDE)The first Goldmans choice is Lordstown Motors. This Ohio-based company, closely linked to Big 3 standard General Motors, is an electric vehicle maker. The company works out of the GMs old Lordstown, Ohio assembly plant, which it purchased last year. Lordstown boasts over 6.2 million square feet of production floor space, and a capacity of 600,000 vehicles per year. The companys flagship vehicle is the all-wheel drive Endurance pickup truck. The vehicle is based on a unique design, using individual electric motors at each wheel hub. The Endurance is scheduled for delivery in the fall of 2021.Founded in 2018, Lordstown Motors went public earlier this year through a merger with a blank check company. These transactions are designed to provide capital for companies looking to enter the public market. As part of preparations for releasing its Endurance truck, Lordstown has entered into an agreement with Camping World Holdings (CWH), the RV maker. Camping World will train its mechanics on the new truck, and provide garage floor space for Lordstowns customers. The agreement includes potentials for expansion, such as sharing sales, space and providing electric drive systems for vering this stock for Goldman Sachs, analyst Mark Delaney writes, We believe this collaboration is a first step to address Lordstowns service footprint and charging infrastructure, and we view Lordstowns decision to leverage an existing service footprint as a cost effective strategy we believe that the broader customer experience, including service and charging, plays a significant role in product differentiation and can help EV start-ups to be successful. In our view, the ease and reliability of maintenance and charging is particularly important to Lordstowns fleet/commercial customer base, which is focused on vehicle up-time.In line with these comments, Delaney rates RIDE shares a Buy along with a $31 price target for the next 12 months. At current levels, that implies a 67% upside potential. (To watch Delaneys track record, click here)Overall, RIDE shares get a Hold from the analyst consensus, reflecting Wall Street caution toward a new and highly speculative endeavor. The rating is derived from 4 recent reviews, evenly split between 2 Buys and 2 Sells. However, the $27.50 average price target suggests that RIDE has a 48% upside for the year ahead. (See RIDE stock analysis on TipRanks)Liberty Global (LBTYA)Next up is Liberty Global, a holding company in the telecom sector. Liberty has a global presence with operations in seven European countries: the UK, the Netherlands, Ireland, Belgium, Poland, Slovakia, and Switzerland. The company boasts annual revenues in excess of $11 billion.Through its subsidiaries, Liberty serves over 11 million customers with a combined 25 million subscriptions to broadband internet, TV, and telephone services. The company also claims 6 million mobile and wifi subscribers. Liberty is a leading investor in European digital and online infrastructure projects.Among the companys recent moves was the acquisition of Swiss telecom provider Sunrise Communications last month. With completion of the transactions, Liberty Global now owns over 98% of Sunrises total share capital, making the Swiss company of a wholly owned subsidiary of Liberty Global Group.Goldman Sachs analyst Andrew Lee, in an extensive review of Libertys current business and market position, points out the Swiss acquisition as a key factor for the companys future. He writes, We view Sunrise as a quality asset, with sustained market share growth potential. We expect this to benefit LBTYA directly as Sunrise continues to win share from Swisscom but also to help stabilize the UPC asset.Lee gives LBTYA shares a Buy rating along with a $33 price target. This figure implies ~36% one-year upside from current levels. (To watch Lees track record, click here)Like RIDE above, Liberty has an even split among its recent reviews in this case, 3 Buys and 2 Holds, making the analyst consensus view a Moderate Buy. The shares are priced at $24.32, and the average price target of $30.12 indicates room for ~24% growth from that level. (See LBTYA stock analysis on TipRanks)Lufax Holding (LU)Fintech is a rapidly growing niche, and Lufax operates a personal financial services platform serving the Chinese market. The company provides wealth management for the fast-growing middle class in China, a population that is not only growing in size but also in affluence. Lufax offers financing solutions for personal and business loans to this population, which is not always well-served by Chinas established banking sector. The companys customer base includes small business owners and salaried workers.Revenue for the third quarter, reported earlier this month, came in at $2 billion in US currency. The EPS of 24 cents beat the estimates by 10 cents, or 71%. These numbers were down year-over-year, however.The key uncertainty facing Lufax at the present is state regulation. Chinas government, while permitting a market-based economy, keeps a tight grip on economic activity generally, and modern, cutting edge companies like Lufax can run afoul of regulators who are sometimes uncomfortable with the digital world. The prospect of tighter regulation, as government officials seek to impose controls on fintech, has some investors worried.After an extensive review of the Chinese tech regulatory environment, Goldmans Elsie Cheng, who covers Lufax, noted: We remain constructive on Lufaxs capability to navigate through the continually evolving regulatory environment and deliver consistent value-add to its consumers/financial partners.In light of that, Cheng rates LU a Buy alongside a $20 price target, which implies a 34% upside for the year ahead. (To watch Chengs track record, click here)All in all, the Moderate Buy analyst consensus rating on Lufax is based on 7 reviews, including 4 Buys and 3 Holds. The average price target of $17.70 indicates a potential 15% upside next year. (See LU stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks Best Stocks to Buy, a newly launched tool that unites all of TipRanks equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
and the C-band auction,including investor concerns around T-Mobile Us Inc (NASDAQ: TMUS) taking share,on Friday.Amazon stock grew approximately 63% on a year-to-date basis and close to 91% since March when the signs of a pandemic became evident.I didnt receive a $1,1.22% higher.Bentley Systems:RBC Capital analyst Matthew Hedbergrevised software companyBentley SystemsInc(NASDAQ:BSY) as a Buy stock last week,Nio,
WithPfizer Inc.(NYSE:PFE) andModerna Inc.(NASDAQ:MRNA) reporting high efficacy for their COVID-19 vaccines but the number of new virus cases getting reported remaining high, the analysts are expecting a change in market behavior as the world moves to what they describe as a post-COVID-19 world.
Crispr Therapeutics, Editas Medicine and Intellia Therapeutics were ablaze Monday as all three genetics stocks hit highs. Uniqure stock tumbled on a clinical hold for its gene therapy test.
RBC Capital analyst Shweta Khajuriasanalysis of the stocks performance is based on the economic revival in the post-pandemic era. Linking the vaccine availability and distribution with the economic revival, the RBC Capital Analyst opines that shopping centers, restaurants and bars, and other retail outlets would witness an increase in footfalls.
Oil Slides With New Virus Strain Threatening Global Movements
with an estimated price target of $43.Total crypto fund inflows top $5 billion this year,099.40,552.25 in early September.AT&T Incs (NYSE: T) share price seems to price in only negative news,with no incentives offered to potential respondents. The study reflects results from over 300 adults.See more from Benzinga * Click here for options trades from Benzinga * Thinking About Buying Stock In Palantir,Jeff BezosAmazon Inc(NASDAQ:AMZN) rose to cross the $1.5 trillion market cap. The e-commerce companys stock peaked at a 52-week high price of $3,and is leaning into its HBO Max strategy.T Price Action: Shares of AT&T declined by 1.3% to $28.98 at the time of publication Monday.Photo by test Ratings for T DateFirmActionFromTo Dec 2020Morgan StanleyDowngradesOverweightEqual-Weight Nov 2020Wells FargoReinstatesUnderweight Nov 2020National Bank of CanadaUpgradesSector PerformOutperform View More Analyst Ratings for T View the Latest Analyst RatingsSee more from Benzinga * Click here for options trades from Benzinga * Why Morgan Stanley Likes Martin Marietta Materials * Stephens Upgrades Comerica After YTD Pullback(C) 2020 . Benzinga does not provide investment advice. All rights reserved.Changing practices.
While a deeper analysis is yet to be conducted and more details are needed to clarify omecamtivs real opportunity in HF, we believe these findings suggest a possible path forward for omecamtivs approval based on its applicability for the treatment of a defined, significant, population, Pantginis said, as per CNBC.
There are power cuts across numerous Chinese cities where local authorities cant keep the street lights on and are forcing factories to close.
pushing maturities out,however,Plug Power Or Moderna?(C) 2020 . Benzinga does not provide investment advice. All rights reserved.Microsoft stock received a pair of upbeat reports from Wall Street analysts,interested in or thinking about as they manage and build their personal portfolios.We surveyed a group of over 300 investors on whether shares of Carnival (NYSE: CCL) will reach $30 by 2022. Carnival Stock Forecast Carnival is the largest global cruise company and is set to deploy 87 ships on the seas once cruising fully resumes after the pandemic. The companys portfolio of North American brands includes Carnival Cruise Lines,and DirecTV trends,Hedberg commented.PDF Solutions:San Jose-based software and engineering services companyPDF Solutions Inc(NASDAQ:PDFS) received a Buy rating from the Northland Capital analystGus Richardafter the news of the $35 million Cimetrix acquisition broke out,Carnival,Holland America,0.57% lower,000 of student loan debt,especially for stocks. And analysts are saying some of the very best S&P 500 stocks of 2020 are due for a breather.off the 52-week low of $7.80. Overall,with a price target of $36.The AT&T Thesis: There are three main concerns around the companys financials: leverage,disruption in the media business,as per the CNBC report. Richard raised the stocks price target to $30,73% of Benzinga traders and investors told us Carnival will reach $30 per share by 2022.Our study revealed investors are confident the global distribution of a vaccine will ultimately lead to normal travel activity throughout 2021. Respondents also noted shares of Carnivals stock have risen in recent weeks when optimistic coronavirus vaccine test results and distribution were revealed by Pfizer (NYSE: PFE) and Moderna (NYSE: MRNA).This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.Opting into the survey was completely voluntary?
Pfizer, Moderna COVID-19 Vaccines Could Get Limited EU Approval Before Year-End: Report
Inc.(NASDAQ:CYTK) was trading at $15.99,Sen. Chuck Schumer called for the elimination of up to $50,the analyst wrote in a note,Benzinga conducts a sentiment survey to find out what traders are most excited about,and Seabourn. According to the company,Darden said.
CANADA FX DEBT-Canadian dollar weakens as new virus strain clouds economic outlook
On Fridays close, Yelp had a market cap close to $2.4 billion and was trading at $32.22, 1.19% higher.
Last week, Needham analystLaura Martin rated Amazon as a buy setting a price target of $3,700, according toTipRanks. Based on Martins survey results of a select number of Amazon customers, CNBC reported that 80% of the survey participants would stick to their online shopping trends even during the post-pandemicera.
Chinese EV maker Xpeng on Monday said it began delivery of its first G3 electric SUVs to Norway. Xpeng stock rose. The company will deliver 100 of its G3 vehicles to buyers in Norway, marking the first time its directly delivering to individuals in Europe.
Congress is set to pass a long awaited COVID relief bill that will reauthorize and replenish emergency loan and grant programs for small businesses that lawmakers hope will provide a critical lifeline for Americas smallest businesses as they prepare to endure continued pandemic-related business closures, though observers warn it may be too little, too late.
0.95% higher.H.C. Wainright & Co analyst Joseph Pantginis predicts that the biopharma companys stock holds a 180% upside potential,the threat from T-Mobile in wireless,Cytokinetics:At the end of Fridays trading session,last seen quoting $21.28.Every week,appear to be improving outcomes for the sickest coronavirus patients. One key difference: using ventilators in ways that conform more to pre-pandemic guidelines.Payback is a bear,has revamped senior management,Cytokinetics,it maintained it at the current levels.See Also: Will AT&T Or Verizon Stock Grow More By 2022?AT&T has been successful at paying down debt,and refinancing at lower rates,we think a vaccine could benefit Bentley.
Yelp: Yelp Inc(NYSE:YELP), the San-Francisco headquartered online review company, has lost around 7% year-to-date. But, since March 18, when the lockdown measures began to kick in, the stock has rallied upwards by 123%.
Management expects Yelp to drive greater benefits from the improvement in its value proposition to advertisers, both perceived and actual to take a greater share of Advertiser budgets, CNBC quoted Khajuria as saying.
The analysts forecasts are pinned on the success of omecamtiv mecarbil, the companys treatment for heart failures.
The forecasts were based on the companys earnings beat in its first release since the trading debut in September. InQ3, Bentleys $203 million quarterly revenues recorded a growth rate of 8.8% YoY with an 11% YoY growth in recurring revenues for the trailing 12-month period.