Alliance Global Partners analyst Brian Kinstlinger is dropping coverage of Vuzix after the shares have increased 100% year to date and more than 1000% in 12 months. While he views the company as a "leading manufacturer of augmented reality smart glasses," and thinks such glasses will...
HSBC analyst Yuqian Ding raised the firm's price target on NIO to $54 from $44.70 and keeps a Hold rating on the shares. Ding notes that electric vehicle sales in China grew 8% last year, versus her forecast for the market to shrink, adding that "clearly EV adoption is happening faster than we...
The BEA released the Personal Income and Outlays report for January: Personal income increased $1,954.7 billion (10.0 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $1,963.2 billion (11.4 percent) and...
Esports Entertainment Group (GMBL) are rallying after Andrew Left's Citron Research put a $50 price target on the shares. Citron, who is no longer making public calls on short positions, also believes GameStop (GME) should acquire the company. "There is one way for GME to seamlessly both pivot...
From the NAR: Pending Home Sales Retreat 2.8% in January, but Climb From Last YearPending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers, according to the National Association of Realtors®. The South was the lone region with a modest...
Tech stocks dragged down the broader market on Wednesday as a jump in Treasury yields put pressure on risk assets.
The Dow Jones Industrials stumbled out of the gate 59.38 points, to 31,477.97.
The S&P 500 lost 12.33 points to 3,868.01
The NASDAQ Composite dropped 116.19 points to 13,349,...
Wednesday, February 24, 202110:15 AM EST - Hello Pal International Inc. : Announced the commencement of marketing operations for its livestreaming services in the Middle East market, with a focus on the United Arab Emirates , Saudi Arabia , Egypt and Bahrain. The Company has already begun to...
In its next CFO with Jim Bell departing by March 26, GameStop (GME) is seeking a finance chief who is more in line with Ryan Cohen's vision, Anders Melin of Bloomberg reports, citing a person familiar with the situation. Ryan Cohen, the founder of Chewy (CHWY), has pushed GameStop to rethink...