Category: Markets

  • Elon Musk’s Tesla Is Now A ‘Meme Stock,’ Says Economist: ‘The Market Does Not Particularly Care’

    Elon Musk’s Tesla Is Now A ‘Meme Stock,’ Says Economist: ‘The Market Does Not Particularly Care’

    Elon Musk‚Äės Tesla Inc. (NASDAQ:TSLA) has been labeled a ‚Äúmeme stock‚ÄĚ by a renowned economist, who believes that the company‚Äôs success is now more about Musk‚Äôs promises than its actual performance. What Happened: UC Berkeley economist J. Bradford DeLong suggested that Tesla‚Äôs market success is now largely dependent on Musk‚Äôs ability to keep making promises,…

  • Top 4 Consumer Stocks That May Rocket Higher This Month

    Top 4 Consumer Stocks That May Rocket Higher This Month

    The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock‚Äôs strength on days when prices go up to its strength on days when prices go down. When compared to a stock‚Äôs price action, it can give traders a…

  • How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q1 Earnings Report

    How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q1 Earnings Report

    Eli Lilly and Company (NYSE:LLY) is set to report first-quarter earnings on Tuesday, April 30. Analysts expect the Indianapolis, Indiana-based company‚Äôs quarterly earnings to be $2.46 per share, up from $1.62 per share in the year-ago period. Eli Lilly is projected to post revenue of $8.92 billion, compared to $6.96 billion in the year-earlier quarter,…

  • Vivakor And 2 Other Stocks Under $5 Insiders Are Buying

    Vivakor And 2 Other Stocks Under $5 Insiders Are Buying

    The Dow Jones index closed lower by around 375 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company‚Äôs prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent…

  • What’s Going On With Texas Instruments Shares Today?

    What’s Going On With Texas Instruments Shares Today?

    Texas Instruments Incorporated¬†(NASDAQ:TXN) shares are¬†trading higher on Wednesday in the premarket session. The company reported first-quarter revenue of $3.66 billion, which beat the¬†consensus estimate¬†of $3.611 billion.¬† According to¬†Benzinga Pro, TXN stock has lost over 3% in the past month.¬† Quarterly gross profit decreased to $2.095 billion from $2.863 billion. Operating profit in the quarter under…

  • Expensify And 2 Other Stocks Under $2 Insiders Are Buying

    Expensify And 2 Other Stocks Under $2 Insiders Are Buying

    The Dow Jones index closed higher by over 200 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company‚Äôs prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent…

  • Chinese EV Contender Xiaomi’s Budget ‘Tesla Killer’ Zooms Past Sales Expectations By 3-5 Times

    Chinese EV Contender Xiaomi’s Budget ‘Tesla Killer’ Zooms Past Sales Expectations By 3-5 Times

    The sales of the first electric car by Chinese smartphone manufacturer Xiaomi Corp (OTC:XIACF) have reportedly exceeded expectations by three to five times. What Happened: Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. The SU7, which was launched last month, has…

  • Check Out What Whales Are Doing With NFLX

    Deep-pocketed investors have adopted a bearish approach towards Netflix (NASDAQ:NFLX), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NFLX usually suggests something big is about to happen. We gleaned this…

  • Cisco To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Monday

    Cisco To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Monday

    Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Wells Fargo boosted the price target for Centene Corporation (NYSE:CNC) from $89 to $93. Wells Fargo analyst Stephen Baxter maintained an Overweight rating. Centene shares…

  • How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q1 Earnings

    How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q1 Earnings

    Morgan Stanley (NYSE:MS) is set to release earnings results for its first quarter, before the opening bell on April 16, 2024. According to Benzinga Pro, analysts expect the New York-based bank to report quarterly earnings at $1.66 per share, up from $1.55 per share in the year-ago quarter; and quarterly revenue of $14.41 billion, compared…