Sage Investment Club

Tesla, Wynn, Traeger, Amazon and more

Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – Shares of Tesla shed 12.2% after the company announced fourth-quarter vehicle deliveries that fell short of […]

Tesla, Coty, PayPal and more

A Tesla vehicle is displayed in a Manhattan dealership on January 30, 2020 in New York City.Spencer Platt | Getty ImagesCheck out the companies making the biggest moves in the premarket:Tesla — Shares fell 5% after reporting a record 40% growth in deliveries. However, the numbers missed analyst expectations. JPMorgan analyst Ryan Brinkman cut his […]

Shaw Communications, Li Auto, Southwest and others

Check out the companies making headlines before the bell:Shaw Communications (SJR) – Canada’s Competition Tribunal dismissed an attempt by the country’s competition watchdog to block the $26 billion acquisition of the telecom company by rival Rogers Communications (RCI). Shaw surged 10.1% in the premarket, while Rogers gained 0.4%.Li Auto (LI) – Li Auto said it […]

Netflix, Cal-Maine Foods, Southwest and more

In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background.Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading.Netflix — The streaming giant gained 5.1% following a double upgrade to buy from sell by CFRA. The firm […]

Tesla, Cal-Maine, Southwest and others

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla rallied 4.4% in the premarket after posting its first rise in eight sessions Wednesday, softening the blow to its stock in what will still be the worst year ever for Tesla shares.Cal-Maine Foods (CALM) – Cal-Maine slid 4.9% in premarket trading after its […]

Tesla, Southwest, Apple, AMC and more

A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks.Scott Olson | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – The electric vehicle stock rose 3.3% after selling […]

Tesla, AMC, Southwest and others

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past eleven sessions. Baird reduced its price target on Tesla to $252 per share from $316, but continues to rate the stock outperform.AMC […]

Southwest, Peloton, Tesla, Herbalife and more

Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland.Alex Wong | Getty ImagesCheck out the companies making headlines in midday trading.Southwest — Shares dropped 6% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for the next several days.” Airlines […]

Southwest, Tesla, Peloton and others

Check out the companies making headlines before the bell:China ADRs – Shares of China-based companies that trade in the U.S. rose in the premarket after the easing of Covid restrictions by the Chinese government. Among them: Alibaba (BABA) was higher by 1.5%, JD.com (JD) gained 2.2% and Pinduoduo (PDD) was up 2.1%.Southwest Airlines (LUV) – […]

Building boom sets up India as saviour for flagging global steel demand

With China’s massive construction sector still in a funk and the US and Europe likely heading into recessions, India has emerged as a savior for flagging global steel demand. Poised to overtake China as the world’s most populous country next year, India is in the midst of […]