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Ralph Lauren (NYSE: RL) Approaching Critical Technical Setup
Shares of high street fashion retailer Ralph Lauren (NYSE: RL) are approaching a key point in their current rally. Having run up more than 120% in the past twelve months, the stock is starting to touch a strong resistance level set by its previous June 2018 highs.
Electric Vehicle Stock Investors Should Heed This Lesson From Warren Buffett
Warren Buffett has done a great in the past highlighting the risks of investing in frothy sectors. The lessons apply to investors in stocks like Tesla (TSLA), NIO (NIO), Fisker (FSR), and Xpeng (XPEV).
Tesla Faces Delay in Germany, Deals With Chinese Regulators
Tesla faces international issues with a six month delay in production at its new Gigafactory in Germany and vehicle safety issues with Chinese regulators.
Ford, BMW reveal investment in battery startup Solid Power
Ford Motor Company (NYSE:F) and BMW (OTCMKTS:BMWYY) (XETRA:BMW) are leading a $130 million investment round in a solid-state battery startup. Automakers have been looking for ways to reduce the cost of EVs by investing in more affordable batteries. Ford also revealed plans to invest in a battery lab recently. Q1 2021 hedge fund letters, conferences […]
3 Top Streaming Stocks Back in Play
More and more people are cutting the cord on cable and switching to streaming services. The pandemic accelerated this trend and streaming stocks, as a result, surged last year. But the party is not over yet. Streaming is a long-term growth area which is why David Cohne is recommending Amazon.com (AMZN), Netflix (NFLX), and AMC Networks (AMCX).
Down 5% in 2021, Will Netflix Rebound?
Shares of Netflix (NFLX) have seen their prices plunge recently because of a slowdown in subscriber growth and production delays. However, as the dominant streaming company increases its content spending significantly this year to deliver more titles to its members, the company should generate substantial user growth in the coming months. So, we think the stock should rebound quickly. Read on.
Amazon Stock Jumps After The Company Smashes Earnings Estimates
Amazon Inc (NASDAQ:AMZN) stock jumped 2% after the company released its first-quarter earnings report last night after the closing bell. The online retailer posted $15.79 per share in earnings, smashing the consensus of $9.54 per share. Revenue came in at $108.52 billion versus the $104.47 billion that had been expected. Q1 2021 hedge fund letters, […]
Paccar vs. Cummins: Which Stock is a Better Buy?
With many auto stocks on fire over the past couple months, Patrick Ryan though it would interesting to compare Paccar (PCAR) and Cummins (CMI). PCAR sells trucks, while CMI makes engines. But which is the better buy now? Read more to find out.
Facebook stock jumps after the company smashes earnings estimates
Facebook Inc (NASDAQ:FB) stock jumped 7% out of the gate this morning following an exceptionally strong first-quarter earnings report. The social networking giant reported $3.30 per share in earnings on $26.17 billion in revenue, while analysts had been expecting $2.37 per share in earnings on $23.67 billion in revenue. Q1 2021 hedge fund letters, conferences […]
Amazon announces plans to raise wages for half a million workers
Following a historic union vote, Amazon Inc (NASDAQ:AMZN) has announced plans to raise wages for 500,000 employees. Despite those raises, the company won't increase its minimum wage of $15 an hour. The pay increases are expected to start in the middle of next month. Q1 2021 hedge fund letters, conferences and more Amazon To Raise […]