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George Zoley became the CEO of The GEO Group, Inc. (NYSE:GEO) in 1994, and we think it's a good time to look at the......
(Bloomberg) -- Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales -- but still below the pace needed to reach its year-end goal.The Palo Alto, California-based carmaker delivered 139,300 cars, eclipsing its prior all-time high of 112,000 in the fourth quarter of 2019 and above the 129,950 projected by analysts surveyed by Bloomberg.Shares of Tesla, which have rallied more than five-fold this year, pared a decline of as much as 6.8% to trade down 3.3% to $433.17 as of 9:59 a.m. in New York. That was part of a broad selloff of stocks after President Donald Trump disclosed a positive test for Covid-19.“Overall, these are stellar numbers,” Dan Ives, an analyst at Wedbush, said in a phone interview early Friday. “The read through here is that China was a source of strength.”Ambitious TargetTesla didn’t say whether it...
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Emily McCormick break down Tesla's delivery numbers, and Q3 auto sales....
Editor’s note: A previous version of this story cited information that has since been amended.
Sorrento Therapeutics (NASDAQ:SRNE) is up over 200% for the year. And yet, until recently, SRNE stock was a laggard in comparison to other biotech stocks. That’s due, of course, to the novel coronavirus. It’s hard for investors to keep up with the dozens of biotech firms involved in the development of testing, therapeutics and vaccines to help the world grapple with Covid-19.
Source: Shutterstock For its part, Sorrento is involved in all three areas. This does give the company a bit of a “jack of all trades” feel. But is that bad? Not necessarily. Some analysts are forecasting the company could have a few billion dollars of revenue in 2021.InvestorPlace - Stock Market News, Stock Advice & Trading Tips
But that forecast relies on them hitting on all of their opportunities. And time is not the company’s friend in...
LRCX options are affordably priced at the moment, too...
The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp, Exxon Mobil Corp and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for the impact of global climate change. The justices will weigh whether the lawsuit must be heard in state court as the city would prefer or in federal court, which corporate defendants generally view as a more favorable venue....
