Scottish nationalists are on course to win a record majority in elections for Scotland's devolved parliament that would start a new push for independence, an opinion poll published on Thursday showed.
Asian and European investors are snatching up discounted Chinese stocks hit by a U.S. investment ban, finding bargains as giant American funds bail out and shrugging off concerns that the sanctions could hurt the companies' prospects.
China's economic recovery likely accelerated in the fourth quarter, driven by stronger demand at home and abroad and policy stimulus which is expected to provide a solid boost into 2021.
The US National Highway Traffic Safety Administration (NHTSA) urged Tesla to recall around 158,000 vehicles over safety concerns. Shares declined 1.3% in Wednesday's after-market trading.
Tesla’s (TSLA) vehicles that have been asked to recall involve 2012-2018 Model S and 2016-2018 Model X. The US car-safety regulator stated that its Office of Defects Investigation unit has detected a media control unit failure leading to the vehicles' rearview camera and touchscreen displays not working.
The NHTSA has asked the electric vehicle maker to respond to the recall request by Jan. 27. Failure to do so will attract civil penalties. (See TSLA stock analysis on TipRanks)
On Jan. 13, Edward Jones analyst Jeff Windau initiated coverage on Tesla with a Hold rating. Although Windau views TSLA as a market leader in the electric vehicle space, he also sees the company facing incremental competition.
The rest of the Street is sidelined on the stock. The Hold analyst consensus shows 14 Holds, 7 Buys, and 6 Sells. The average price target of $534.63 implies downside potential of 37.4%. Shares have rallied by about 714% over the past year.
Meanwhile, TipRanks' Hedge Fund Trading Activity tool shows that confidence in Tesla is currently Very Positive as 15 hedge funds increased their cumulative holdings in TSLA by 228.8K shares in the last quarter.
Investors scaled back long positions in Asian currencies as the outlook for emerging market debt soured after U.S. yields shot up, a Reuters poll found, with bets almost halved on the South Korean won and Taiwan's dollar.
South Africa's Reserve Bank will keep its repo rate at a record low 3.50% at its Jan. 21 meeting, and for the rest of 2021, as the coronavirus pandemic rages and with inflation expected to remain benign, a Reuters poll found on Thursday.
On a day in which President Trump has made history for being the first U.S. president to be impeached a second time, markets were flat-to-up as of the Hump Day close. No new record highs were set this afternoon. The Dow finished almost exactly breakeven, -0.03%, while the S&P
Corsair Gaming, Inc. (CRSR) closed the most recent trading day at $42.20, moving +0.5% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.23%. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.43%.
Snowflake Inc. (SNOW) closed the most recent trading day at $296.55, moving +1.09% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.23%. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.43%.
Qorvo (QRVO) closed the most recent trading day at $180.07, moving -1.23% from the previous trading session. This change lagged the S&P 500's 0.23% gain on the day. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.43%.
American Outdoor Brands (SWBI) closed the most recent trading day at $20.68, moving -0.05% from the previous trading session. This change lagged the S&P 500's 0.23% gain on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
Innovative Industrial Properties (IIPR) closed the most recent trading day at $187.12, moving +0.91% from the previous trading session. This change outpaced the S&P 500's 0.23% gain on the day. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.43%.
First Solar (FSLR) closed the most recent trading day at $104.12, moving -0.19% from the previous trading session. This change lagged the S&P 500's daily gain of 0.23%. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.43%.
MasterCard (MA) closed the most recent trading day at $346.33, moving +0.99% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.23%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
Astrazeneca (AZN) closed at $50.88 in the latest trading session, marking a +1.17% move from the prior day. This change outpaced the S&P 500's 0.23% gain on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
MercadoLibre (MELI) closed at $1,798.19 in the latest trading session, marking a -0.66% move from the prior day. This change lagged the S&P 500's 0.23% gain on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
In the latest trading session, Enterprise Products Partners (EPD) closed at $22.74, marking a +1.47% move from the previous day. This change outpaced the S&P 500's 0.23% gain on the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
Apple (AAPL) closed at $130.89 in the latest trading session, marking a +1.62% move from the prior day. This move outpaced the S&P 500's daily gain of 0.23%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.43%.
In the latest trading session, Baidu Inc. (BIDU) closed at $236.94, marking a -1.05% move from the previous day. This change lagged the S&P 500's daily gain of 0.23%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, added 0.43%.
Target (TGT) closed at $196.82 in the latest trading session, marking a -1.15% move from the prior day. This change lagged the S&P 500's 0.23% gain on the day. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, added 0.43%.
Checked
17 minutes 54 seconds ago
This feed is responsible for generating the rss feed related to the topic Stocks