Stocks fluctuated between gains and losses Monday as market participants weighed prospects that the virus-stricken economy would rebound quickly against fears over an extended rise in new cases over the weekend. The Final Round panel breaks down the details. ...
Shares of Peloton hit a new high on Monday after Stifel analyst Scott Devitt raised his price target on the stock to $62 from $55, while maintaining a ‘buy’ rating. The reason for the renewed vote of confidence comes from ‘holiday-like demand’ due to shifting consumer behavior, gym closures / social contact avoidance, among other reasons. The Final Round panel discusses the bullish call....
Results of a study by electric utilities in Washington, Oregon, and California call for the installation of charging sites along the I-5 for medium- and heavy-duty electric trucks to reduce pollution caused by freight transport along the Pacific Coast. ...
Electric utilities in Washington, Oregon and California have released the results of the West Coast Clean Transit Corridor Initiative, a study that could lead to CO2 reductions from freight transport along the Pacific Coast and create new jobs. ...
Don’t expect the US shale industry, battered by the pandemic and an oil price war already this year, to move into strong growth levels any time soon, says one oil expert....