Nikola Corp (NASDAQ: NKLA) is trading about 15% down this morning after the electric vehicles company sold its stock at a deep discount. Nikola sold its stock at a 20% discount On Friday, the Arizona-based company raised $100 million via a secondary stock offering that it plans on deploying as working capital. Nikola sold 90 […]

Pacific Biosciences of California Inc (NASDAQ: PACB) is trading meaningfully up on Friday after a TD Cowen analyst turned super bullish on the biotechnology company. Pacific Biosciences stock has upside to $15 Dan Brennan now rates the said biotech stock at “outperform”. He raised his price objective on it to $15 today that suggests more […]

S&P 500 is up another 1.0% on Friday after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index climbed less than expected in February. What does the reading mean for the Fed? Versus the prior month, the Fed’s preferred inflation gauge was up 0.3% versus a 0.4% increase expected. Much […]

European stocks ended in the green today after the region’s statistical office said consumer prices eased significantly in March. Economist Allen-Reynolds reacts to today’s economic data On Friday, Eurostat confirmed that a meaningful decline in energy prices lowered headline inflation to 6.9% in March. In comparison, consumer prices were up a whopping 8.5% in February. […]

There has been a lot of talk about responsible investing versus what’s considered investment in questionable assets. For example, many funds do not invest in the so-called sin sector or vice funds, with many considering tobacco, alcohol, weapons, adult entertainment, nuclear power and gambling to be questionable investment targets. On the other hand, some investors […]