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5:08 a.m. Sept. 23, 2020 - By Emily Bary
Twitter stock gains after Pivotal Research upgradeShares of Twitter Inc. are up about 2% in premarket trading Wednesday after Pivotal Research Group analyst Michael Levine upgraded the stock to buy from hold with a target price of $59.75. "Investors will admittedly need to underwrite a high multiple with a company that has had some historical executional hiccups," Levine wrote. "We believe it will be warranted if the ship is moving in the right direction as we suspect." He is upbeat about the company's potential to capitalize on the Olympics next year, as well as the possibility of some real momentum with Twitter's direct-response ad offerings. "While we still have some question marks about the [direct-response] business, we see signs of life," he wrote. "Additionally, we think sentiment is by far the most negative in our coverage and as a result, the rubber band for stock out-performance the greatest." Shares have added 35% over the past three months as the S&P 500 has risen about 6%.
6:40 p.m. July 6, 2020 - Associated Press
MLB releases pandemic-shortened schedule, but testing snags raise concerns 60-game season to start July 23; players criticize slow coronavirus-test resultsMajor League Baseball released its pandemic-shortened schedule Monday, featuring a tantalizing season opener between the New York Yankees and World Series champion Washington Nationals, even as some teams were still bogged down by coronavirus concerns.
10:38 a.m. June 25, 2020 - By Andrea Riquier
Investors are making big ‘BETZ’ on this online sports and gaming ETF Yes, some interest might be from bored quarantiners, but probably not all of itBig money is flowing into a new exchange-traded fund that tracks the sports betting and online gambling industries, even as professional competition remains closed.
6:20 a.m. June 25, 2020 - By Jeffry Bartash
U.S. durable-goods orders rebound 15.8% in May, but manufacturers face long struggle Automakers get more orders, Boeing sees fewer cancellationsOrders for durable goods such as new cars and trucks surged in May after historic declines in the early spring when the U.S. was locked down, but manufacturers are likely to struggle to make a more rapid recovery amid a fresh outbreak of the coronavirus and a depressed global economy.
4:44 a.m. June 13, 2020 - By Mark Hulbert
Don’t give up on low-volatility stock strategies just yet, despite their poor recent performance Over the long term, this approach handily beats the S&P 500, with much lower volatilityOver the long term, this approach handily beats the S&P 500, with much lower volatility.
10:05 a.m. May 18, 2020 - By Nigam Arora
Here’s what it will take for the stock market to hit a new record within 2 months Moderna’s announcement on progress toward a coronavirus vaccine could start the second leg of a short squeezeModerna’s announcement on progress toward a coronavirus vaccine could start the second leg of a short squeeze.
4:00 a.m. May 11, 2020 - By Jeff Reeves
Tesla’s stock could see new peaks thanks to these 3 catalysts Watch production, China sales and qualification for inclusion in the S&P 500 indexWatch production, China sales and qualification for inclusion in the S&P 500 index.
8:07 a.m. April 22, 2020 - By Michael Brush
This battle-tested pro in the stock market explains how you can ‘come out swinging’ when the pandemic eases Kim Scott of the Ivy Mid Cap Growth Fund says to avoid ‘cyclical’ companies and focus on those with strong growth prospectsKim Scott of the Ivy Mid Cap Growth Fund says to avoid ‘cyclical’ companies and focus on those with strong growth prospects.
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