Friday, November 22, 2024
Republic Services (RSG) has upped its investment in its “Committed to Serve” initiative announced by the company just after business closures forced by COVID-19. In mid-April RSG promised to put $20 million toward the initiative, providing meals and gift cards to frontline employees. Funds were to be spent in local businesses that could provide meals, […]
When uncertainty grips the market, investors often turn to precious metals for safety. Well, at least they used to. These days, most of the action in precious metals is in gold. The price of gold has climbed nearly 19% in 2020 to date. Silver has been okay, up 4% so far this year. Platinum, on […]
Last Sunday, TSLA CEO Elon Musk tweeted out the message, “Limited edition short shorts now available,” with a picture of red satin shorts. Ouch! This was classic Elon, and I mean that for good and for bad. The message was an obvious joke at the expense of Tesla “shorts,” meaning those who had bet against […]
Over the last few days, shares of Novavax (NVAX) exploded from $79.80 to $111.77. All after the U.S. government awarded the NVAX a $1.6 billion contract to cover the testing, commercialization, and manufacturing of a potential vaccine — the biggest award issued from the White House’s “Operation Warp Speed” program. “What this Warp Speed award […]
![[Video] ABC, MCK, OMI Deliver Growth From the Healthcare Supply Chain](https://www.investorsalley.com/wp-content/uploads/ecg-1953179_640-300x200.jpg)
In the world of business, well-known companies are often in competitive industries, where it may be challenging to stay competitive and profitable. Behind the well-known companies will be suppliers. The supplier world often produces more predictable profits. Consider the extreme case of Tesla (TSLA). The electric car manufacturer has never reported a profitable quarter. It […]
In the world of business, well-known companies are often in competitive industries, where it may be challenging to stay competitive and profitable. Behind the well-known companies will be suppliers. The supplier world often produces more predictable profits. Consider the extreme case of Tesla (TSLA). The electric car manufacturer has never reported a profitable quarter. It […]
ElectraMeccannica Vehicles Corporation (SOLO) has risen rapidly even as the company recently sought to raise $20 million in a public offering at $2. SOLO was trading as low as $1 in May, and in the last few days has touched $6. After underwriting discounts and commissions, the individual electric vehicle manufacturer pocketed $18.65 million. SOLO […]
There was a fair amount of options action ahead of the long holiday weekend. A massive amount of puts traded in the financial sector, more specifically, on the Financial Select Sector SPDR ETF (XLF). Some of the large trades could be setting up a hedge against downside risk through August. One interesting trade in XLF […]
If you want to own the “stay-at-home” stocks, but don’t want to own individual names, one way to get exposure to digital vs. in-person companies, is to own the Invesco QQQ Equity Index (QQQ). The QQQ mirrors the Nasdaq 100 Index, and is made up of the 100 largest non-financial stocks trading on the Nasdaq. […]
Since bottoming out in March 2020 at $5.65, ZNGA is now up to $9.77 as of this writing – and pushing higher. In recent days, the company and Peak, the creator of Toon Blast and Toy Blast, just closed the transaction under which ZNGA acquired all of the issued and outstanding common shares of Peak […]
