Bloom Energy (NYSE: BE) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% through 10:30 a.m. ET. Last night, Bloom Energy announced a deal to supply up to 1 gigawatt’s-worth of fuel cells to electric utility American Electric Power (NASDAQ: AEP). Start Your Mornings …
Read More »Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
By Mike Scarcella (Reuters) – Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other claims and adding OpenAI’s largest financial backer Microsoft as a defendant. Musk’s amended lawsuit, filed on Thursday night in federal court in Oakland, California, said Microsoft and OpenAI illegally …
Read More »Palantir shares rally to fresh record on plans for move to Nasdaq
By Sinéad Carew (Reuters) – Shares in Palantir Technologies Inc (PLTR) were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects eligibility to join the Nasdaq 100 index. The data analytics software company said …
Read More »Super Micro’s Looming Nasdaq Deadline Stokes Delisting Fears
(Bloomberg) — Super Micro Computer Inc. investors have spent two months waiting for the company to file a plan that would allow it to remain listed on the Nasdaq exchange. With the deadline now just days away, that plan is yet to materialize. Most Read from Bloomberg The server maker …
Read More »US retail sales slightly above expectations in October
WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.8% advance in September, the Commerce Department’s Census Bureau said on …
Read More »The Smartest Dividend-Paying Oil Stocks to Buy With $500 Right Now
Oil and natural gas are highly volatile commodities. That’s probably the first lesson that investors in energy stocks learn from owning shares in companies like Chevron (NYSE: CVX) and Devon Energy (NYSE: DVN). Even more-stable industry participants, like Enterprise Products Partners (NYSE: EPD), can see their value shift around because …
Read More »Here Are My Top 2 Dividend Stocks to Buy Now
Dividend stocks can be fantastic long-term investments. Over the past 50 years, the average dividend stock in the S&P 500 has outperformed nonpayers by more than 2-to-1. The best returns have come from companies that consistently increase their dividends. There’s a long list of great dividend growth stocks. Realty Income …
Read More »These 2 “Strong Buy” Penny Stocks Are Set to Triple (or more), Say Analysts
The year is winding down, but the bull markets are still charging ahead, getting a boost from improved sentiment after the presidential election. While the next few months will be a time of transition, a few things are likely. The Trump administration is expected to pursue a far looser regulatory …
Read More »Investors circle the Trump trade’s global market victims
By Naomi Rovnick LONDON (Reuters) – Big global investors are exiting popular trades that bet on US President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping in on some of the Nov. 5 election’s biggest market victims. After US stocks and the dollar …
Read More »Analysis-Traders chase post-election stock gains in US options market
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options players are piling in to riskier bets across the U.S. stock market, supporting a rally that has come on the back of fading election worries and expectations of a Republican lock on power in Washington next year. The bullish plays span …
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