Tesla tests Luminar lidar, a technology Elon Musk once derided - Silicon Valley Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
May 25, 2021 7:30 AM EDT
Stocks ended solidly higher Monday as investors focused on the strength of the U.S. economic recovery and put aside concerns about the impact of higher inflation.
But stocks finished mixed Friday as Wall Street weighed signs of a surge in U.S. economic activity against a slide in high-risk assets such as Bitcoin. For the week, the Dow fell 0.5%, the S&P 500 slipped 0.4% and the Nasdaq rose 0.3%.
Here are several stocks that fell this past week and could present an opportunity to buy the dip.
1. Kohl s Corp | -13.08% Past Week | -6.37% 1 Month
Kohl s Corp (
KSS) - Get Report posted stronger-than-expected first-quarter earnings, and boosted its full-year profit outlook, as the retailer s turnaround plans were supported by government stimulus and a post-pandemic surge in consumer spending.
10 things in tech: Oracle infighting, Amazon s MGM deal, Intel power players Jordan Parker Erb
Good morning and welcome to 10 Things in Tech. If this was forwarded to you,
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1. Amazon could announce a roughly $9 billion deal to acquire MGM this week. Industry sources said the tech giant has been negotiating the deal for weeks, and the acquisition could be announced within a matter of days. Here s what the deal would mean for Amazon.
2. Russia has threatened to throttle Google thanks to prohibited content, local state media reported. A slowdown would follow Russia s throttling of Twitter, and comes after its government fined Google. More on Russia s crackdown here.
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The latest price target for Luminar Technologies (NASDAQ: LAZR) was reported byB of A Securities on 2021-04-20. The analyst firm set a price target for0.00 expecting LAZR to fall to within 12 months (a possible -100.00% downside). 7 analyst firms have reported ratings in the last year.
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The stock price for Luminar Technologies (NASDAQ: LAZR) is $21.61 last updatedToday at 4:55:41 PM.
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