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(Bloomberg) -- Earlier this month, a federal judge stunned the U.S. energy sector with an order to shut down the Dakota Access pipeline. Environmentalists hailed it as the first time a fully operating system had been forced to close by a legal challenge.As it turns out, it was actually the second time an oil pipeline was ordered shut in a matter of four days.On July 2, a lesser-known conduit called Tesoro High Plains was ordered shut for the first time in its 67 years of operation. Together, the two pipelines ship more than one-third of crude from America’s prolific Bakken shale formation to market. Their travails signal the ebbing of the oil industry’s sway in the U.S. heartland and underscore the growing heft and savvy of challengers who’ve become emboldened to demand higher compensation and safeguards.“In the past, it was a shotgun approach of challenging pipelines,” said Brandon Barnes, an analyst...
(Bloomberg) -- Microsoft Corp. analysts have been growing more optimistic about the software company ahead of its fourth-quarter results later this week, with multiple firms raising their price targets on the strength of its cloud-computing business.At least seven firms have raised their targets over the past week, including four that did so on Monday or over the weekend. Those moves follow both Wedbush and Morgan Stanley earlier this month. The steady drumbeat of higher targets has contributed to Microsoft shares rallying more than 50% off a March low; the stock rose 2.2% on Monday.The average price target currently stands at around $219, up from about $165 at the end of 2019. Even with the recent share-price advance, the average target implies upside of about 6% from current levels.That Microsoft analysts, in aggregate, see room for further gains stands in contrast to other mega-cap technology stocks. Apple Inc.’s average target implies downside...
Short squeezes are one of the most powerful short-term market catalysts and can generate huge surges in share price.A short squeeze occurs when a heavily shorted stock rises enough that it begins to force its short sellers to close their position by buying the stock. That short covering volume contributes to the rising price, and the short squeeze can accelerate quickly.S3 Partners analyst Ihor Dusaniwsky recently compiled a list of stocks that are either currently experiencing a short squeeze or are on the brink of a potential short squeeze."In general, short squeezes are precipitated by large mark-to-market losses due to upward price movements of the shorted stock and/or high stock borrow financing rates which make it unprofitable to stay in trades for long periods of time," Dusaniwsky said.Top Stocks To Watch: S3 named Tesla Inc (NASDAQ: TSLA) as the largest short squeeze taking place in the market today. Tesla short sellers...
Masimo rose above a 214.24 early entry, following a rebound from 10-week line last week. Conventional buy point is 258.10. Masimo did very well during the market crash, was an early breakout and has consolidated again....
Odyne Systems, LLC celebrates 11 years of as a part of the vehicle electrification and hybrid industry. O ...
For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio......