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Former Wall Street Floor Trader Thinks AMC Will Continue To Drop, Buys GameStop Stock
Wednesday, July 7, 2021 - 1:02pm | 560Longtime trader David Green thinks AMC Entertainment Holdings (NYSE: AMC), could continue to drop down to $40 a share. “I don’t like AMC here… I think it’s going down to $40,” Green said. Green went on to purchase shares of GameStop Corp (NYSE: GME)...
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Tesla Vs. The Auto World Ahead Of Model 3 Launch
Monday, July 10, 2017 - 8:50am | 550With Tesla Inc (NASDAQ: TSLA) on the brink of arguably its biggest launch ever with the Model 3, the company will bring its revolutionary technology to the mainstream at its most affordable price ever, with MSRP starting at $35,000 for the entry level model. The Model 3 can go 0–60 miles per...
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For The Jobs Number, The Devil Is In The Details
Friday, July 7, 2017 - 4:33pm | 474Investors were caught off guard on Friday when the June jobs report indicated there were 222,000 jobs created in June, blowing analyst expectations for 179,000 jobs out of the water. Investors cheered the headline number, sending the SPDR S&P 500 ETF Trust (NYSE: SPY) up 0.6 percent. However,...
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M&A Roundup: 7 Deals Expected To Close Mid-2017
Sunday, July 2, 2017 - 5:14pm | 968The coming months are setting up to be packed with high profile mergers and acquisitions across industries. Here are seven deals we’re looking forward to seeing closed. 1. AT&T Inc. (NYSE: T) And Time Warner Inc (NYSE: TWX) AT&T announced in October that it will acquire Time Warner...
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The Futurist Scorecard: A Look At (Almost) Everything That Interests Elon Musk Besides Building Cars
Wednesday, June 28, 2017 - 12:52pm | 966Rocket ships, brain chips, music streaming, autonomous driving, solar power, underground roads with elevators — it might be easier to list all the stuff that doesn’t capture Elon Musk’s active imagination. Best known as a car mogul, the founder and CEO of Tesla Inc (NASDAQ: TSLA)...
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2 Out Of 3 Households Are Home To A 'Gamer,' But It May Not Be The Family Member You Expect
Thursday, June 22, 2017 - 1:38pm | 729Kathy Wood popped into her fellow math teacher’s room and was greeted by a not-so-unusual question: “Hey, Mrs. Wood, is it true that you play ‘Call of Duty?’” Until age 58, when her son and motivation-to-play departed for college, her answer was a casual “yes....
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Analyst Puts Dollar Tree's Family Dollar Stores On Amazon Radar
Thursday, June 22, 2017 - 8:53am | 488Dollar Tree, Inc. (NASDAQ: DLTR) ought to consider unloading its underperforming Family Dollar Stores on a big, hungry retailer like, oh, say, Amazon.com, Inc. (NASDAQ: AMZN), says Loop Capital Markets analyst Anthony Chukumba. “Dollar Tree has significantly underperformed the broader market...
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Amazon Vs. The Fed: Experts Fear Whole Foods Deal Will Kill Inflation With Economic Ripple Effect
Wednesday, June 21, 2017 - 3:34pm | 564The Federal Reserve’s June 14 report heralded a tightening of monetary policy and gradual rate hikes to achieve the Federal Open Market Committee’s 2-percent inflation goal. But any excitement surrounding the news was quickly neutralized by Amazon.com, Inc. (NASDAQ: AMZN)’s...
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Apple Wants To Get Into Content: Should It Build Or Buy?
Wednesday, June 21, 2017 - 2:55pm | 469To buy or to build is the big question Apple Inc. (NASDAQ: AAPL) is looking to answer as the company expresses interest in generating its own content. UBS analyst Steven Milunovich took a closer look at this question and believes Apple intends on building its content. Why Apple Seems Destined To...
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Analyst: Kroger Should Outmuscle Amazon And Bid For Whole Foods
Wednesday, June 21, 2017 - 2:21pm | 501Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) implies the online retailer will pay $42 per share for the organic and natural grocer. Shares of Whole Foods are trading nearly $1 higher than the take-out price, which implies some investors are...
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Why Amazon Should Acquire GrubHub Next
Tuesday, June 20, 2017 - 4:22pm | 432Wedbush's senior tech analyst Aaron Turner thinks Amazon.com, Inc. (NASDAQ: AMZN)'s next takeover target should be GrubHub Inc (NYSE: GRUB), a platform that delivers food made by restaurants to customers. Needless to say, Amazon has the necessary resources to invest in multiple initiatives...
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Superior Manufacturing, Unique Automation Gives Tesla A Competitive Advantage For The Long Term
Tuesday, June 20, 2017 - 1:53pm | 460After meeting with Tesla Inc (NASDAQ: TSLA)'s management team, Baird senior research analyst Ben Kallo sees Tesla in a great position as he reiterated his Outperform rating with a $368 price target. “The Model 3 production ramp is on track and expects to achieve positive gross margin in...
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Speculation Runs Amok: Who Will Be Amazon's Next Acquisition Target?
Tuesday, June 20, 2017 - 12:31pm | 516Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...
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The Life And Death Of The American Comic Book Shop: How A Distributor Monopoly Is Killing It
Tuesday, June 20, 2017 - 11:36am | 1134Some people wouldn't be caught dead inside a comic book shop. If that describes you, Curtis Sullivan totally invites you into any one of his three. “How can you know you don’t like lobster if you never tried it?” he says, incredulity incarnate. “Don’t close doors....
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UBS Is Cautious On Hain Celestial, Campbell Soup And Conagra Following Whole Foods Deal
Tuesday, June 20, 2017 - 10:26am | 641What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of the organic and natural grocer Whole Foods Market, Inc. (NASDAQ: WFM) have on the broader food industry? Whole Foods boasts just 456 stores and $15.7 billion in revenue (of which $2.6 billion is from its...