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Why Tesla Stock Jumped on Wednesday, Crossing $1,000 for the First Time
Why Tesla Stock Jumped on Wednesday, Crossing $1,000 for the First Time

Shares of Tesla (NASDAQ: TSLA) surged higher on Wednesday. As of 10:00 a.m. EDT, the stock was up more than 6%, slightly over $1,000 for the first time.

The growth stock's gain follows an analyst's

3 Top Food Stocks to Watch in June
3 Top Food Stocks to Watch in June

The empty grocery shelves many of us encountered during the coronavirus pandemic opened our eyes to just how vital the food supply chain is. Many people even began their very own backyard "victory

GameStop Unloads Inventory Ahead of New Game Console Launches
GameStop Unloads Inventory Ahead of New Game Console Launches

GameStop's (NYSE: GME) business took a serious hit from the COVID-19 pandemic closures but has emerged with a much stronger inventory position. The video game retailer said on Wednesday that revenue

Amazon Could Still Gain E-Commerce Market Share in 2020
Amazon Could Still Gain E-Commerce Market Share in 2020

Amazon (NASDAQ: AMZN) has been struggling to keep up with surging demand amid the coronavirus pandemic. As a result, some shoppers are looking to its brick-and-mortar competitors that can use their

Luckin Chairman Resigns From Car Inc. as Fraud Probe Continues
Luckin Chairman Resigns From Car Inc. as Fraud Probe Continues

Can it get any worse for Charles Lu and Luckin Coffee (NASDAQ: LK)? Probably, but as the Luckin accounting probe escalates, so do Lu's woes.

Lu's investment firm, UCAR, which is the parent company

Amazon, Goldman Sachs Team up to Provide Credit Lines to Small Businesses
Amazon, Goldman Sachs Team up to Provide Credit Lines to Small Businesses

Amazon (NASDAQ: AMZN) and Goldman Sach's (NYSE: GS) Marcus online bank are teaming up to extend credit lines to small businesses. 

Small businesses that use Amazon's platform to sell products will

Elon Musk Says Tesla Will Ramp Up Production of Semi Truck
Elon Musk Says Tesla Will Ramp Up Production of Semi Truck

Unveiled in November 2017, Tesla's (NASDAQ: TSLA) Semi, Class 8 electric truck, isn't rolling along on America's highways and byways yet. Evidently, Elon Musk is ready to change that. In an email

3 Drug Stocks That Could Soar in 2020
3 Drug Stocks That Could Soar in 2020

Many generic drug makers began the year with a strong start after a dismal performance in 2019. The recent market plunge from the COVID-19 pandemic caused many pharmaceutical stocks to lose decent

General Electric Forecasts Positive Free Cash Flow in 2021
General Electric Forecasts Positive Free Cash Flow in 2021

General Electric (NYSE: GE) said Wednesday that "given what we see today" the company expects to generate positive free cash flow in 2021, a reverse from an expected cash burn this year.

GE entered

Paramount Network Cancels 'Cops' on the Eve of Its 33rd Season Premiere
Paramount Network Cancels 'Cops' on the Eve of Its 33rd Season Premiere

Paramount Network has canceled the unscripted police show Cops. The 33rd season was scheduled to start on Monday, June 8, but Paramount decided against it amid nationwide protests against police

Could Domino's Pizza Be a Millionaire-Maker Stock?
Could Domino's Pizza Be a Millionaire-Maker Stock?

The world's largest pizza chain, Domino's Pizza (NYSE: DPZ), has been the definition of a millionaire-maker stock over the past decade. A $34,000 investment on June 1, 2010, would be worth over $1

Why Las Vegas May Bounce Back Faster Than Macao
Why Las Vegas May Bounce Back Faster Than Macao

Las Vegas casinos reopened last week after more than two months of being closed and with new social distancing protocols in place.

Investors might be tempted to use the experience of the integrated

Chewy’s First-Quarter Sales Jump 46%
Chewy’s First-Quarter Sales Jump 46%

A rush to stock up on pet supplies during the early days of the COVID-19 pandemic drove first-quarter sales growth higher than it otherwise would have been for online pet retailer Chewy, Inc

Why Hertz Stock Is Plunging After Insane 896% Run Higher
Why Hertz Stock Is Plunging After Insane 896% Run Higher

Shares of Hertz Global Holdings (NYSE: HTZ), a well-known vehicle rental company that recently filed for bankruptcy protection, is tumbling after the stock had oddly traded 896% higher from its May

Signet Jewelers to Close 380 Zales, Jared, and Kay Stores in 2020
Signet Jewelers to Close 380 Zales, Jared, and Kay Stores in 2020

Signet Jewelers (NYSE: SIG) said hundreds of stores that operate under the Zales, Jared, and Kay Jeweler banners in the U.S. and the U.K. will not reopen while hundreds of others, many in shopping

3 Positives and 3 Negatives From GameStop’s First-Quarter Earnings
3 Positives and 3 Negatives From GameStop’s First-Quarter Earnings

Shares of GameStop (NYSE: GME) fell last night, after the video game retailer posted its first-quarter earnings report. GameStop's first quarter spanned February through April, so quarterly results

Why I Just Sold Half of My Apple Shares
Why I Just Sold Half of My Apple Shares

It's no secret that Apple (NASDAQ: AAPL) was one of the best investments of the 2010s. The company was key in evangelizing the smartphone and was a leader in the decade that will become known for

Ford and Volkswagen Will Partner to Make 8 Million Commercial Vehicles
Ford and Volkswagen Will Partner to Make 8 Million Commercial Vehicles

Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VWAGY) said on Wednesday that they will collaborate to make up to 8 million commercial vehicles as part of an alliance announced last year

The

2 Solid Dividend Stocks for a Better Retirement
2 Solid Dividend Stocks for a Better Retirement

Because even the strongest, most financially sound companies can get battered in a broad market selloff such as the one brought on by the coronavirus pandemic, retirees and investors nearing

Delta Expects Revenue Down 90% in Current Quarter
Delta Expects Revenue Down 90% in Current Quarter

Delta Air Lines (NYSE: DAL) on Wednesday warned it expects second quarter revenue to fall 90% year over year as the COVID-19 pandemic continues to depress travel demand and flight volumes.

Delta

Coronavirus Crushed Macy's, But It's Showing Signs of Life
Coronavirus Crushed Macy's, But It's Showing Signs of Life

Late last month, Macy's (NYSE: M) announced that sales plummeted about 45% in the first quarter, after the COVID-19 pandemic forced the department store giant to close all of its stores in

Passenger Airline Revenue Loss Estimate Continues to Grow
Passenger Airline Revenue Loss Estimate Continues to Grow

The global airline trade association, International Air Transport Association (IATA), has released its latest estimates on the impacts of the ongoing COVID-19 pandemic on the world's airlines. It

Is Aprea Therapeutics Stock a Buy?
Is Aprea Therapeutics Stock a Buy?

Investing in biotech stocks focused on experimental oncological therapies is risky enough. What's even more perilous is buying a biotech stock that will make or break on one such candidate alone

Is Amazon a $3,300 Stock?
Is Amazon a $3,300 Stock?

Amazon.com (NASDAQ: AMZN) has been one of the undisputed winners from the stay-at-home economy. With many consumers sheltering in place and remote work becoming the rule rather than the exception

GameStop Might Actually Survive Until the New Consoles Come Along
GameStop Might Actually Survive Until the New Consoles Come Along

Nobody expected video game retailer GameStop (NYSE: GME) to report good results in the first quarter. Caught amid the low-sales tail end of a console cycle, the slow death of brick-and-mortar retail