Market Recap: Monday, June 15

Market Recap: Monday, June 15

The markets closed in the green after Monday’s trading session, with the financial and communication sectors leading the way as the Federal Reserve announced it would purchase individual, corporate bonds as part of its lending program to add liquidity to the economy. The Final Round panel discusses the latest....

Piper Sandler upgrades Shopify, estimates revenue could quadruple by 2025

On Monday, Piper Sandler’s senior research analyst and managing director Brent Bracelin upgraded shares of Shopify from neutral to overweight on what he calls the ‘Great Digital Awakening’ thesis. The call comes as Walmart announced a partnership with the e-commerce site to expand its online marketplace. Brent Bracelin joins The Final Round to discuss the bullish call, as well as what the Walmart-Shopify deal means for e-commerce. ...

Why Tesla's Stock Is Trading Higher Today

Tesla Inc (NASDAQ: TSLA) shares are trading higher on Monday after a new report showed the company's China car registrations in May increased 150%.Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. It sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. It also makes solar roofs and plans to enter the HVAC market.Tesla's stock was trading up 5.18% to $983.75 per share at time of publication on Monday. The stock has a 52-week high of $1,027.48 and a 52-week low of $210.40.Related Links:Tesla's Journey To ,000 In 2020Here's What Warren Buffett Thinks About Tesla And Elon MuskSee more from Benzinga * Musk Says It's Time To Ramp Production Of Tesla Semi: Report * What Elon Musk Thinks About Amazon: 'Monopolies Are Wrong!' * What To...