TSLA said it delivered 90,000 vehicles in the third quarterAs predicted by Cowen earlier this week, Tesla Inc (NASDAQ:TSLA) said it hit record production of 96,155 vehicles in the third quarter. However, the company also said it delivered 97,000 vehicles in the three-month period -- just below Wall Street's consensus estimate of 97,500 cars, and well below the company's target of 100,000 autos. As...Read More
GOOGL has added 15% since its early June lowsOnline powerhouse Alphabet Inc (NASDAQ:GOOGL) is inching its way higher this morning, fresh off a price-target hike out of Deutsche Bank. The firm raised to $1,600 from $1,475, citing a new layer of confidence toward the company's Google Cloud service. Analysts at Deutsche Bank also said they believe Google Cloud's worth of an estimated $225 billion is...Read More
Shorts may be using FEYE call options to hedgeLast night, Business Insider reported FireEye Inc (NASDAQ:FEYE) hired Goldman Sachs as an advisor for a potential sale. While the report indicated talks were in the early stages, that hasn't stopped FireEye stock from popping this morning, up 2.5% to trade at $14.16. Additionally, SunTrust Robinson weighed in, initiating coverage on the cybersecurity s...Read More
The major exchanges have seen a huge uptick in UTX put buyingUnited Technologies Corporation (NYSE:UTX) is trading up 0.9% in early action at $131.70, thanks to a note from Credit Suisse which started coverage on the stock with an "outperform" rating and $164 price target -- representing almost 26% upside to Wednesday's close. While the shares sport a solid year-to-date lead of 22.5%, they've been...Read More
The company cut its outlook for the second half of the year Camera concern GoPro Inc (NASDAQ:GPRO) is near the bottom of the Nasdaq today, after the firm slashed its earnings-per-share outlook for the second half of its fiscal year to between 33 cents and 39 cents, compared to its previous forecast between 37 to 49 cents. GoPro put the blame on shipment issues and production delays around its newl...Read More
Data from the services sector will be a main highlight todayThe selling in stocks is set to continue on Wall Street this morning, as the focus will remain on the health of the global economy. Futures on the Dow Jones Industrial Average (DJI) are trading below fair value following news the U.S. will impose tariffs on aircraft and agricultural products from the European Union (EU), beginning on Frid...Read More
Global Energy Metals (TSXV:GEMC) has announced itsattendance at the 2019 China Mining Summit, where it will work to emphasise itsposition as a future source of battery metals like cobalt, nickel, and copper. Thebusiness will be represented at the top mining summit, held in Tianjin, by itsChina-bRead full newsRead More
Power Metal Resources (LSE:POW) rose by more than 10pcon Tuesday afterrevealing that nickel sulphide targets have been confirmed at the MolopoFarms Complex (MFC) project in Botswana.A helicopter-borne electromagnetic survey (EM) overthe 2,725km2 asset's feeder zone delineated numerous targetRead full newsRead More
"#POW with an update on #KAT, which raised ?100,000 yesterday to advance its projects.#POW holds 5.9% of #KAT + 10m warrants at 1.25p. Current #KAT SP = 1p, with M-Cap of < ?2m. With #gold still strong, worth keeping an eye on thishttps://t.co/XSOkuhVVHA"Read full newsRead More
* Evans says two recent rate cuts are appropriate * Would make further adjustments if needed * Fed will keep focusing on economy despite criticism fromTrump * ECB-Vice President says markets are underpricing hardBrexit (Adds quotes and details from the event in Madrid)By Jes??s Aguado and Jose El?-as Rodr?-guezMADRID, Oct 3 (Reuters) - The outlook for the U.S. economyis "quite good", but...Read More
"$TROW - T. Rowe Price: No Debt And Growing Dividend. Read more and get updates on any stock! https://t.co/S57vqlAASN #trading #stocks #investing"Read full newsRead More
"$RECN - Resources Connection, Inc. (RECN) CEO Kate Duchene on Q1 2020 - Earnings Call Transcript. Get more info on Seeking Alpha: https://t.co/s1sDmyo443 #finance #investing #trading"Read full newsRead More
"$CRLBF - Cresco Labs: Boosting Its Presence On The West Coast. Sign up for updates on Seeking Alpha! https://t.co/eMUs2L0LVf #investing #stocks #trading"Read full newsRead More
"$GOOG $GOOGL - Google, Huawei Mobile Services And The Consequences Of Increased Android Competition. Keep reading: https://t.co/0t1d3cA8hx #markets #trading #economy"Read full newsRead More
"$CODA - Buy Coda Octapus Group: Sonar Imaging Niche Leader Has Value. Get more info on Seeking Alpha: https://t.co/JMzyBZcSLN #trading #economy #investing"Read full newsRead More
A judge in the United Kingdom has ruled that broker Marex Spectron must pay up to $32 million in losses to French bank Natixis stemming from a case of forged warehouse receipts more than two years ago.The court found both Marex Spectron and Glencore-owned Access World negligent.Natixis sued Marex Spectron and Access World in 2017 over fraudulent receipts. Marex rejected the lawsuit, and a trial wa...Read More
The London Metal Exchange three-month nickel price rose by 1.4% to close at $17,475 per tonne on Wednesday October 2 from $17,220 per tonne the previous day. The three-month nickel price has been buoyed by a 5,802 tonne outflow from LME approved warehouses recorded on the same day alongside a 2,964 tonne fresh cancelation. Sentiment was buoyant despite a paltry 3,774 lots changing hands by close o...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 2.Please click...Read More
A bleak outlook for downstream demand, impending backwardations in the forward curve on the London Metal Exchange and general economic uncertainty helped drive bearish sentiment and stifle spot business at Fastmarkets' recent aluminium conference in Athens.Although the Fastmarkets International Aluminium conference is typically a hub for aluminium participants to negotiate and sign contracts for t...Read More
Vancouver-based Fortuna Silver Mines said Wednesday it had closed a US$40 million bought deal financing of 4.65% convertible debentures at $1,000 apiece. The unsecured loan certificates will mature on October 31, 2024.The debentures will be convertible into shares from October 31, 2022, onwards at a conversion price of $5.00 per share, representing a conversion rate of 200 shares per principal amo...Read More