Freeport McMoRan (FCX) could see higher highs on the copper supply-demand fiasco. according to Barron’s, “Supplies, already tight as the global economy recovers, could be further strained by a predicted fivefold rise in green energy demand in the current decade, leading to significant shortages, starting in the mid-2020s, according to a report by Goldman commodity […]

“Better-than-expected first-quarter earnings and its $250 million acquisition of an ad-tech company are reason enough to buy the stock,” said the firm, as reported by Barron’s. With that, analyst Ryan Gee upgraded the stock to a buy rating, with a new price target of $13.50. With regards to earnings, as noted in the company’s press […]

Weyerhauser (WY) is trending higher, as lumber costs increase.  May 2021 lumber futures now up to $1,500.05 per thousand foot board, reports The Wall Street Journal. Not only is that an all-time high, but it’s about four times the typical price this time of year, they added. Also, according to Fortune, “Lumberyards and homebuilders alike […]

Electric vehicle stocks, like Nio (NIO) are accelerating with several key catalysts. For one, the world is spending billions to cut emissions. The U.S. just pledged to greenhouse gas emission by nearly half over the next 10 years. Europe wants to cut CO2 emissions by up to 55% by 2030. China says it’ll stop releasing […]

According to the National Institutes of Health, an estimated 7% of U.S. adults, or approximately 19 million, experience MDD each year, as reported by Axsome Therapeutics (AXSM). In addition, “according to the World Health Organization (WHO), depression is the leading cause of disability worldwide, and is a major contributor to the overall global burden of […]

Skillz (SKLZ), the mobile games platform, had seen its share price plummeting since it’s all time high in early February. Now SKLZ is racing higher after releasing its outlook for the first quarter. For the quarter, the company expects to post revenue of $80 million, which is above an analyst range of $72.2 million to […]

After finding double bottom support around $46.20, SUN was just upgraded by Piper Jaffray to Overweight from a Neutral rating. The firm now has a price target of $77 a share. They also noted the pullback in the sector has been a “head-scratcher,” as quoted by The Fly, “since yields have recently moved lower and […]

Riot Blockchain (RIOT) soared earlier this week after announcing it produced 491 Bitcoin in the first quarter of the year, a 75% increase year over year.  In March alone, RIOT produced 187, an increase of 87% year over year.  “By Q4 2022, Riot expects a total hash rate capacity of 7.7 EH/s with a fleet […]

Nio Inc. (NIO) recently reported it delivered 7,257 vehicles in March 2021, a new monthly record representing a strong 373% year-over-year growth. In addition, NIO delivered 20,060 vehicles in the first quarter of 2021, a new quarterly record representing an increase of 423% year-over-year. Blink Charging Co. (BLNK) ran a bit more this week after President […]