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This Week On Benzinga Cannabis Hour: Entourage Effect's Matt Hawkins, Cannaphyll CEO Jude Bond, Leah Thomas of The Greens Girl
2020 Dec 02, 5:38pm | 288Read More...Entourage Effect Capital managing director Matt Hawkins, Cannaphyll CEO Jude Bond and Leah Thomas from The Greens Girl Co. are this week's guests on the Benzinga Cannabis Hour. Javier Hasse and Elliot Lane will preside over an in-depth discussion, covering a range of...
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Nio Recovers From Sell-Off: What's In Store For The EV Stock?
2020 Dec 02, 5:17pm | 611Read More...Nio Inc – ADR (NYSE: NIO) shares made gains Wednesday following a sharp pullback in the last two sessions. The weakness was not specific to the company, with all three U.S.-listed Chinese electric vehicle manufacturers makers — Nio, Xpeng Inc – ADR (NYSE: XPEV) and Li Auto...
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Should You Find Epicenter Stocks To Buy Right Now? 6 Companies You Might Want On Your 2021 Watch List
2020 Dec 02, 4:51pm | 2152Read More...The stock market today is much different than it was back in March, when the market took its biggest dive in years. At the time, there were many more questions than answers about how the crisis would unfold. Would there be a V-shaped recovery? Will it be more of an L-shaped trend? Can stocks...
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8 Stocks Moving In Wednesday's After-Hours Session
2020 Dec 02, 4:47pm | 331Read More...Gainers Okta (NASDAQ: OKTA) shares are trading higher after the company reported better-than-expected Q3 EPS and sales results. The company also issued Q4 sales guidance and FY21 EPS and sales above estimates. CrowdStrike (NASDAQ: CRWD) shares are trading higher after the company reported better-...
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Why Sony's PlayStation 5 Is Winning What Could Be The Last Console War
2020 Dec 02, 4:36pm | 499Read More...The year has seen strength in gaming stocks due to more gamers during the COVID-19 pandemic. New consoles from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) have also helped boost the gaming sector. Sony the Winner: Roundhill Investments Co-Founder and CEO Will Hershey...
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Discovery+ Streaming Platform Could Win Big With Strong Brand, Content Library
2020 Dec 02, 3:54pm | 640Read More...Discovery Communications (NASDAQ: DISCA) unveiled a direct-to-consumer streaming offering Wednesday. What Happened: The streaming platform from Discovery will launch in the U.S. on Jan. 4, with price points of $4.99 per month or $6.99 per month for an ad-free version....
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Michael Burry Of 'The Big Short' Fame Confirms He's Shorting Tesla
2020 Dec 02, 3:41pm | 429Read More...Tesla Inc (NASDAQ: TSLA) shares dropped by 4% on Wednesday morning after Michael Burry, who was depicted by Christian Bale in 2015's "The Big Short," said he is shorting Tesla’s stock. The Big Tesla Short: Burry is a former hedge fund manager who gained notoriety on Wall Street...
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2 Strategies To Trade Thursday's DocuSign Earnings Report Using Options
2020 Dec 02, 3:09pm | 864Read More...DocuSign (NASDAQ: DOCU) is due to report earnings for the September quarter on Thursday after the closing bell. The stock is up 191% this year as the pandemic has fueled the need for companies that facilitate working from home. Here are the consensus Wall Street estimates for Thursday: Earnings...
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2 Strategies To Trade Thursday's Dollar General Earnings Report Using Options
2020 Dec 02, 2:57pm | 783Read More...Dollar General (NYSE: DG) is due to report earnings for the September quarter on Thursday before the opening bell. The stock is up 40% this year and is trading near its all-time high. Here are the consensus Wall Street estimates for Thursday: Earnings Per Share: $1.97 Revenue: $8.12 billion...
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New ETF Provides Safe Passage To Tempting High Dividend Stocks
2020 Dec 02, 2:50pm | 466Read More...Stocks with high dividend yields are almost always tempting, but that's even more so in today's climate of paltry bond yields, barely noticeable returns on cash and historically low interest rates. What To Know: Despite the obvious allure, high-yield equities come with obvious risks, namely...
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Wall Street Remains Bullish On China
2020 Dec 02, 2:37pm | 2163Read More...The November rally in U.S. equities may be garnering most of the attention (especially as we get closer to having a COVID-19 vaccine) but don’t sleep on China. Among Direxion’s stable of leveraged ETFs, two of the five top-performing funds year to date provide magnified exposure to...
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8 Stocks To Play Bitcoin's Resurgence
2020 Dec 02, 2:25pm | 991Read More...The price of Bitcoin is up over 150% in 2020 and the cryptocurrency has seen a resurgence in popularity, discussion and price. Investors seeking exposure to Bitcoin without purchasing the cryptocurrency through a wallet could consider these seven stocks that are involved with Bitcoin....
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Option Trader Bets $1.5M On Facebook Despite Trump's Section 230 Threat
2020 Dec 02, 2:10pm | 689Read More...Facebook, Inc. (NASDAQ: FB) shares gained 1% on Wednesday after President Donald Trump threatened to remove a key legal protection for social media companies. Trump threatened to withhold military funding unless Section 230 of the National Defense Authorization Act (NDAA) is removed, but at least...
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Why Virgin Galactic's Stock Could Rocket Higher On NASA Deal, Upcoming Flight Launch
2020 Dec 02, 1:16pm | 390Read More...Shares of former SPAC Virgin Galactic Holdings Inc (NYSE: SPCE) are up 140% in 2020, but could see further gains with two upcoming catalysts. NASA Deal: NASA selected Virgin Galactic as one of two new companies added to a group selected to provide flight and integration services for...
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Energy Stock Short Sellers Took A $6.3B Loss In November As Oil Prices Rebounded
2020 Dec 02, 1:11pm | 552Read More...The Energy Select Sector SPDR Fund (NYSE: XLE) has more than tripled the return of the S&P 500 over the past month as investors are piling into energy stocks in anticipation of an oil market rebound in 2021 and beyond. With WTI crude oil prices now back above $44 for the first time since before...
