news on cyptos
Tesla stock continues to surge, with shares breaking through $1,100 today. CEO Elon Musk tweeted that a stock split was worth discussing. This won’t change the company’s fundamentals, but it may pull the wool over retail investors’ eyes. Tesla stock (NASDAQ: TSLA) is up around 3% today. The Elon Musk-led carmaker is currently jockeying with Toyota…
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Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to…
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The stock market’s decline last week could turn into a prolonged correction if the S&P 500 doesn’t recover by Tuesday Many states are starting to pause reopenings and even re-implement lockdown measures. The IMF warned that investors are overly confident in creating a risky market. After making its way above 3,100 on Tuesday, the S&P…
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With a forward P/E ratio close to 22, the S&P 500 looks very expensive. Many reasons seem to justify high market valuations. But many factors could derail the stock market rally. The U.S. stock market looks insanely expensive. Indeed, rising stock prices and lower earnings forecasts have pushed the S&P 500’s forward 12-month P/E ratio…
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Nikola’s stock is roughly double the price at which it debuted earlier this month. The stock is “fully valued” – and then some – according to JPMorgan. Millennials love the stock to bits and aren’t fazed about predictions auguring a big decline. Nikola Corporation (NASDAQ: NKLA) has enjoyed an incredible month. The upstart automaker’s stock…
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Markets first peaked in early February as retail investors took over. While professional money has come back strongly into this rally, headwinds have emerged. A second wave of pandemic and November’s election will likely lead to major money investors holding back, which could end the market rally. It’s a tale of two stock markets out…
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Wirecard stock bombed by as much as 50% today after the company admitted that the $2.1 billion missing from its balance sheet might not exist. The collapse of its share price may appear to offer an enticing opportunity to speculators. But analysts warn against any such move, noting that the accounting scandal casts doubt over…
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The U.S. stock market is looking insanely expensive. Stocks have continued to rise despite falling earnings. The bubble will pop as investors realize there won’t be a swift recovery. After soaring about 40% from its March low, the S&P 500 is less than 10% from its February high. The 12-month forward P/E ratio for the…
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The stock market appears unstoppable as summer begins. But it’s floating on a sea of Fed liquidity with all other assets. Several strategists warn markets are at risk of a significant bubble forming. Despite the calamitous events of this year, the stock market is roaring back. The Dow Jones and S&P 500 are well on…
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As stimulus wears off in July, the stock market might react to weakening consumer health. Q2 earnings season will finally give investors concrete data to trade on. At some point, investors will start to worry about a Democrat sweep in the November elections. Since the stock market crashed in mid-March, shares have done (almost) nothing…
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