Bitcoin, Ethereum and other cryptocurrencies have been some of the hottest investments in the world in recent years. This year alone, the Bitcoin Investment Trust GBTC 4.99% is up more than 476 percent. But while some investors are going all in on cryptocurrency as the future of payments, other investors see the volatile digital currencies as simply a…
Shares of Root9B Holdings Inc RTNB crashed 43 percent on Wednesday after the stock resumed trading following a Nasdaq halt on Tuesday. In a new 8-K filing, Root9B disclosed that it has received a Staff Determination from the Nasdaq that it has been determined no longer be an operating business and is currently a “public shell.”
Equifax Inc. EFX 0.19% has endured one of the worst monthsimaginable. Yet surprisingly, the stock’s share price is holding up relatively well considering the non-stop waves of negative headlines hitting the company.
The FDA dealt yet another blow to struggling Teva Pharmaceutical Industries Ltd (ADR) TEVA 0.59% investors by approving rival Mylan N.V. MYL 0.21%’s generic version of Teva’s Copaxone multiple sclerosis drug. Analysts say generic competition was not factored into Teva’s guidance and the new drug will weigh on Teva’s sales.
Bernstein is bearish on natural gas and analyst Jean Ann Salisbury sees evidence the firm’s bearish thesis has already begun playing out in the market. Bernstein is calling for natural gas prices of $2.50/mmbtu as soon as mid-2018.
Shares of TravelCenters of America LLC TA 5.68% jumped 9.3 percent on Tuesday after Warren Buffett’s Berkshire Hathaway Inc.(NYSE: BRK-A) (NYSE: BRK-B) announced a new 38.6 percent ownership stake in Pilot Flying J. Buffett’s big buy has traders wondering if there may be further consolidation in the travel center industry in coming months.
After dipping to a 2017 low of $2.90 in June, Groupon Inc GRPN 4.28% has delivered a surprising rally over the past few months and has overtaken the $5 level for the first time in roughly a year.
Advanced Micro Devices, Inc. AMD 1.26% has launched its Embedded Radeon E9170 Series GPU, which promises up to three times the performance per watt as previous generations of GPUs. The new device is the first of its kind to leverage the power of AMD’s Polaris architecture.
Five of the hottest growth stocks of the bull market, Facebook Inc FB 0.47%, Amazon.com, Inc. AMZN 0.33%, Apple Inc. AAPL 0.69%, Netflix, Inc. NFLX 0.97% and Alphabet Inc GOOG 0.31% GOOGL 0.34%, have shown no signs of slowing down so far in 2017. However, short sellers seem to see the writing on the wall and have been quietly piling into the so-called FAANG stocks in droves in recent…
Tesla Inc TSLA shares dropped roughly 2 percent Tuesday following its big third-quarter Model 3 production miss. However, Global Equities Research analyst Trip Chowdhry says investors should be buying Tesla on its recent weakness.