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L.A. residents and other Californians followed the real-time plot twists Thursday of the status of the two major ride-sharing services — Uber and Lyft — which had threatened to suspend service in the state. The issue: Uber and Lyft were set to be subject to a recently-enacted California labor law, Assembly Bill 5 (aka AB5), […]...
Wall Street has been looking at Plug Power (PLUG) of late, and investors seem to like what they see. Shares of the fuel cell pioneer have risen on wild momentum and tremendous second-quarter results, soaring over 300% year-to-date.It also doesn’t hurt that Plug’s modus operandi is based in a very “now” trend. Expectations are high that hydrogen fuel-cell makers will be able to provide green energy to all sorts of places wind and solar power can’t access. Furthermore, it is anticipated the ESG (Environmental, Social and Governance) investing trend will only gather pace as the decade progresses.PLUG’s business is progressing, too. On Wednesday, the company announced it is launching a 1kW ProGen fuel cell system to operate in small scale robotics, unmanned aerial vehicles (UAVs), automatic guided vehicles (AGVs), and various aerospace applications.The new light-weight fuel cell system uses compressed hydrogen for its fuel and is based on tech developed by...
When I finished my last article about Plug Power (NASDAQ:PLUG), I was wondering when PLUG stock would hit $20. And that was after I said it was ready to plow through $10.Source: petrmalinak / Shutterstock.com Well, I wrote about Plug Power on July 15. And at the time, it was trading around $9. That said, not only has it moved a buck higher over the past month, but it's also climbed to nearly $12.80 as of this writing -- within $1.55 of its 52-week high. You have to go back to 2008 to find a higher share price.Overall, Plug Power is riding the wave of alternative energy popularity. But, can it last long enough for PLUG stock to hit $20?InvestorPlace - Stock Market News, Stock Advice & Trading TipsI think it can, but it likely won't be until some time next year. And here's why. The Markets Are FrothyForbes senior contributor...
As earnings season begins to wind down and as markets return to pre-pandemic highs, many investors are unsure what the market will do next. Wells Fargo Investment Institute President Darrell Cronk joins The Final Round panel to discuss equities and what’s next for the U.S. economy....
Blue-chip stocks are often regarded as some of the best stocks to buy on Wall Street. Why?Because the companies behind the blue chips are supposed to be the cream-of-the-crop. Large-cap titans of industry, with long histories of growth, strong management teams, rock-solid balance sheets, robust future growth prospects and tons of visibility to long-term gains in revenues, profits and the stock price.In other words, these are the stocks that you want to buy today, and hold for the next 5 to 10 years, because strong fundamentals will power these stocks materially higher in the long run.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Buy-and-Hold Stocks to Own Forever With that in mind, here are my 20 favorite blue-chip stocks to buy for the 2020s: * Facebook (NASDAQ:FB) * Coca-Cola (NYSE:KO) * Apple (NASDAQ:AAPL) * Nike (NYSE:NKE) * Adobe (NASDAQ:ADBE) * Microsoft (NASDAQ:MSFT) * McDonald's (NYSE:MCD) * Intel...
For some, the trading environment has never been better. For others, the days are starting to drag on as we slog through mid-August. With that in mind, let's look at a few top stock trades for next week to see if we can get some momentum going -- in one direction or the other. Top Stock Trades for Monday No. 1: Nvidia (NVDA) Click to EnlargeSource: Chart courtesy of StockCharts.comNvidia (NASDAQ:NVDA) gapped higher on Monday, but pulled back into earnings. On Thursday, it couldn't gain much upside traction, but given the rally we've seen since the previous earnings report in May and from the March lows, a modest gain is "good enough" in most investors' minds.In any regard, shares are finally starting to resolve to the upside after better-than-expected results. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf Nvidia can close over $500, it could create another push higher....
Bitcoin’s price is trending down while ether options traders expect bearish moves to come....