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Futures on the Dow Jones Industrial Average (DJIA) and broader U.S. stock market rose in after-hours trading Thursday, clawing back some of their brutal losses from the prior session. As the outlook on the U.S. economy continues to deteriorate, Bloomberg provided a sobering take on the so-called Trump rally. Dow Futures Rise; S&P 500, Nasdaq Follow […]
Tesla stock (NASDAQ: TSLA) plunged dramatically in after hours trading Wednesday. Starting the day off at $243 per share at the opening bell, the automaker’s stock dropped to $229/share by 5 p.m. Eastern. Tesla’s Quarter 3 delivery numbers caused the 5.7% plunge. But here’s the kicker: Q3 2019 was Tesla’s best quarter ever. So what […]
We are one-fourth of the way into the new NFL season, and a host of injuries has thrown the outlook for the rest of the year into disarray. Bookmakers have been scrambling to rejigger their forecasts for division, conference, and Super Bowl winners. With major injuries to New Orleans Saints quarterback Drew Brees, Carolina Panthers […]
Airline stocks entered a punishing tailspin on Wednesday as rising costs threatened profits. United Airlines (NASDAQ: UAL) slid 4.72% to $83.69 per share. American Airlines (NASDAQ: AAL) was down 5.34% to $25.37. Delta Airlines (NYSE: DAL) fell 4.72% to $54.35. Even the leaner Southwest Airlines (NYSE: LUV) stock dipped 2.49% to $52.04. Delta Airlines headlined […]
Ignore the threat of competition and buy Netflix stock. That was the questionable recommendation from Michael Olson, an analyst at Piper Jaffray. In an interview with CNBC, Olson said that he expected the launch of Apple TV+ and Disney+ in November to have no material impact on Netflix. Unfortunately, Olson’s NFLX elevator pitch ignores several […]