Shares of Tesla, Inc. (NASDAQ: TSLA) and its Chinese rival NIO Inc. (NYSE: NIO) have recently begun to diverge in stock performance in a possible reflection of weakening sentiment toward the U.S. company.
Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).
United Parcel Service, Inc.’s (NYSE: UPS) 2021 Investor Day provided positive views on pricing power, capacity discipline and dividend yield, according to JPMorgan.
Airline stocks are flying high so far in 2021 as investors anticipate a booming summer travel season and a return to business travel in coming quarters.
On Thursday, MKM Partners initiated coverage of the airline group and said some stocks have more near-term upside than others.
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.5% on Thursday morning after the Labor Department reported a 5% increase in the consumer price index in the month of May, the fastest inflation growth since the summer of 2008.
Clover Health Investments Corp.’s (NASDAQ: CLOV) stock has spiked by around 100% over the past week and is now at a 70% premium to its closest competitor, Alignment Healthcare Inc (NASDAQ: ALHC), according to BofA