Tesla Stock Wins Another Buy Rating

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope… In late-breaking news, two Wall Street analysts initiated coverage on Tesla (NASDAQ: TSLA) stock last night. Only one of […]

Read more

Yet another analyst cuts price target on Apple, citing iPhone weakness overseas

Piper Jaffray cuts its price target on Apple’s stock to $222 from $250. “Reduced expectations from multiple component suppliers are likely a sign that global unit uptake has not met expectations,” analyst Michael Olson writes. Apple has lost $250 billion in market cap since reporting earnings Nov. 1, a loss larger than the entire value of Verizon or Procter & […]

Read more

Another Marijuana ETF is in The Works

This article was originally published on ETFTrends.com. Spinnaker Trust, which made its debut in the exchange traded funds space last year with two actively managed products, has filed plans with the Securities and Exchange Commission for a new marijuana ETF. The name of the proposed ETF is the Innovation Shares Cannabis ETF. The filing was made on Nov. 21, 2018. […]

Read more

Bitcoin ETFs: Another Reckoning Day Looms

This article was originally published on ETFTrends.com. The Securities and Exchange Commission (SEC) set Monday, Nov. 5, 2018 as the deadline for public comments on nine previously rejected bitcoin ETFs. Earlier this year, the SEC rejected the applications, preventing the digital currency from gaining more acceptance from investors who are wary of the unregulated exchanges of cryptocurrencies. The SEC’s Division of […]

Read more

You’re lucky! You get another shot at Powerball’s bigger $430M jackpot or Mega Millions’ $970M

Maybe it’s lucky you didn’t hit the latest Powerball jackpot because you now have a shot at an even bigger bonanza on Saturday: $430 million. Or you could just hit the Mega Millions on Friday night with its new jackpot of $970 million and claim the second-largest prize in U.S. history. Lottery fever is breaking out all over now that neither of the big […]

Read more

GE on track for another big week

Ken Langone blames Jeff Immelt for GE’s financial woes Home Depot co-founder Ken Langone accused former General Electric CEO Jeff Immelt of destroying GE. General Electric’s shares started the week higher, continuing last week’s advance when the company’s stock appreciated 17 percent, marking the best weekly gain for the shares since they bottomed during the Great Recession in 2009. Continue […]

Read more
1 2