Author: Edgepage

Dow Jones futures tilted higher, late Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally had a mixed session, but the Nasdaq hit a record high. AMD stock, Shopify (SHOP) and Etsy (ETSY) among those flashing buy signals. But a key gauge suggests investors are getting too bullish. X Dow Jones…

Wells Fargo (WFC) is one of the world’s biggest banks. It’s been dogged by regulatory issues, and the coronavirus crisis delivered another blow, sending Wells Fargo stock sharply lower. Even Warren Buffett is losing patience. So is WFC stock a buy right now? Here is what fundamental and technical analysis says. X Wells Fargo is…

Corsair Gaming Inc Corsair Gaming Inc CRSR $8.46 16.5% 209% IBD Stock Analysis Stock fell by double digits Wednesday, signaling it’s time to take profits Shares pulling back, but the stock is not currently in a buyable pullback Short-term traders should consider selling a third to half their position Composite Rating Industry Group Ranking Emerging…

Updated Nov. 25, 2020 4:30 pm ET / Original Nov. 25, 2020 2:03 pm ET Order Reprints Print Article Text size Tesla stock is up for the third consecutive day. Justin Sullivan/Getty Images Tesla stock just won’t go down, and that is creating a new problem for index funds. Tesla stock (ticker: TSLA) rose for…

The Nasdaq closed at a record Wednesday while U.S. jobless claims rose in consecutive weeks for the first time since the summer.Here are some of the market’s biggest gainers for Wednesday:1. Slack Technologies | Percentage Increase 38%Slack Technologies  (WORK) – Get Report jumped after the work messaging app was reportedly approached for an acquisition by Salesforce  (CRM)…

Salesforce.com (CRM) is reportedly in talks to acquire Slack Technologies (WORK), a maker of workplace collaboration software, as both face more competition from Microsoft (MSFT). Slack stock popped on the news while Salesforce stock fell Wednesday. X Word of the possible merger first was reported by the Wall Street Journal. The news sent Salesforce stock…

Moderna stock popped Wednesday after the company inked a deal for at least 80 million doses of its coronavirus vaccine with the European Commission. X The news comes a day after the U.S. government said it would release 6.4 million doses in the first distribution of a coronavirus vaccine as soon as one gains emergency…

Electric-car stocks BYD (BYDFF), Xpeng (XPEV) and Li Auto (LI) sold off on news of a probe in China though Nio (Nio) ticked up, while Nikola (NKLA) failed to assuage investors on a proposed General Motors (GM) partnership. X According to Nikkei Asia, China’s top economic planning body has launched a nationwide review of EV…

TipRanks2 Stocks Flirting With a Bottom; Analysts Say ‘Buy’When a stock starts dropping, investors have to ask two questions. First, why it’s dropping? Is something wrong with it? Or is it just facing a storm of circumstance, but is otherwise sound? If the latter, then the second question comes into play. Has this stock hit…

In the perennial GM vs. Ford debate, General Motors (GM) holds the edge over Ford (F) on electric car strategy, Morgan Stanley said. GM stock fell. X Overall, “GM is moving ‘all in’ on EVs,” and has a clear strategy to get there, Morgan Stanley analyst Adam Jonas wrote in a note to clients Wednesday.…