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.
Tesla Inc TSLA bears scored the latest victory in the Tesla saga this week when the company reported just 260 Model 3s produced in the third quarter after previously guiding for 1,500. But while Tesla shares dropped another 2 percent Tuesday and are now down 7.4 percent in the past three months, one quarter’s production number may not be as important…
Chipotle Mexican Grill, Inc. CMG 1.62% is again on the verge of a major technical breakdown.
U.S. rail stocks may be losing their steam. On Monday, Morgan Stanley analyst Ravi Shanker downgraded CSX Corporation CSX 0.3% and Union Pacific Corporation UNP 0.32% and said investors should be hopping aboard Canadian rail stocks Canadian National Railway (USA) CNI 0.43% and Canadian Pacific Railway Limited (USA) CP 0.58% instead.
In the wake of the most deadly mass shooting in U.S. history in Las Vegas on Sunday night, investors once again seem concerned that the topic of gun control laws will be back in the headlines.
Zynerba Pharmaceuticals Inc ZYNE 7.24% investors may have reason for cautious optimism after the company’s recent Fragile X Syndrome treatment data. On Monday, Cantor Fitzgerald analyst Elemer Piros upgraded Zynerba to Overweight and said there is a reasonable change ZYN002 will find commercial success as a treatment for Fragile X.