A Tesla, Inc. (NASDAQ:TSLA) analyst predicts a potential 5% drop in the stock price if shareholders vote down CEO Elon Musk‘s controversial $56 billion pay package. What Happened: Toni Sacconaghi, an analyst at Bernstein with an “Underperform” rating on Tesla…
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.…
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. Keybanc cut the price target for GitLab Inc. (NASDAQ:GTLB) from…
Dollar General Corp (NYSE:DG) shares are trading higher after the company reported a better-than-expected first-quarter FY24 earnings. The company reported first-quarter FY24 sales growth of 6% year-on-year to $9.910 billion, beating the analyst consensus estimate of $9.897 billion. Same-store sales…
Bitcoin (CRYPTO: BTC) exchange-traded products (ETPs) have commenced trading on the London Stock Exchange, marking a significant milestone for cryptocurrency adoption in the U.K. What Happened: The first bitcoin exchange-traded products (ETPs) have started trading on the London Stock Exchange…
The Dow Jones index closed lower by over 200 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor…
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Dutch Bros Inc. (NYSE:BROS). On May 7, Dutch Bros posted better-than-expected first-quarter financial results and raised its full-year revenue guidance. “The outlook is fabulous. There is a lawsuit in July…
The world's largest digital asset Bitcoin (CRYPTO: BTC) has the same number of users as the Internet had in early 1999, reflecting the cryptocurrency's immense scope for future growth. What Happened: Bitcoin's world adoption hit 4.7%, according to popular cryptocurrency…
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when…
Vapor, a widely followed crypto trader, expressed bullish views on established meme coins, forecasting a shift in market sentiment away from venture capitalist-backed tokens. What Happened: Vapor criticized the token distribution methods of recent projects like EigenLayer, suggesting that such…
