SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images WASHINGTON – Elon Musk’s SpaceX on Tuesday ramped up a battle over broadband regulations with Dish Network and an affiliate of … Read more
Certain stocks have become so oversold during this brutal bear market that they are long overdue to bounce. With stocks on Tuesday snapping back a bit after weeks of big losses, CNBC Pro set to find the stocks most overdue for a rebound. We looked for the shares trading the farthest from their average price … Read more
The rough first half of 2022 has brought most stocks down at least a peg or two, but some names look cheaper than others. The S&P 500 is now trading at around 19 times earnings per share, according to FactSet. In 2020 and 2021, the price-to-earnings ratio soared well above 20-times for the index. However, … Read more
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy – Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude imports from Russia stoked inflation fears. … Read more
Here are Tuesday’s biggest calls on Wall Street: Mizuho reiterates Tesla as buy Mizuho said in a note Tuesday that China lockdowns remain a production headwind for Tesla, but that a rebound could happen later this year. “Gigafactory Shanghai Partial Lockdown a Near-term Headwind, Though Potentially Stronger SepQ / DecQ Rebound. … That said, we … Read more
Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir – Shares of the software company dropped more than 18% after Palantir’s first-quarter earnings came … Read more
Here are the biggest calls on Wall Street on
Dish fell 19% on Friday after its quarterly report, but the stock has upside, according to Credit Suisse.
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robinhood – Shares of the trading app dropped more than 7% after Goldman Sacks downgraded the stock to sell from neutral. The Wall Street firm cited … Read more
A sign was posted in front of a Chevron gas station on July 31, 2020 in Novato, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Shell – Shares of Shell popped more than 2% after the company announced it was stopping all spot purchases of Russian crude oil. … Read more