In this morning’s Get Real market newsletter, we saw that the Dow Jones hit a record high on Friday—but some stocks were left in the lurch. Plus, all eyes are on earnings and some major tech updates.
Record high for the Dow
Coca-Cola stock rises on an upgrade
A lump of Kohl
Ups and downs for Elon Musk
Just after partner Grimes announced (or seemed to announce?) a pregnancy, Elon Musk is up against some Tesla (NASDAQ:TSLA) bears again. CFRA analyst Garrett Nelson downgraded the stock right when sentiment was finally warming up.
All eyes on Quibi
Alongside AT&T’s HBO Max and Comcast’s Peacock, the video streaming service Quibi is also launching this spring. It’s promising to be a new type of service for Millennials, and perhaps more importantly, Google (NASDAQLGOOGL) is backing this launch.
What to watch for
Will they or won’t they?
Despite this being their third attempt to merge, T-Mobile (NYSE:TMUS) and Sprint (NYSE:S) still don’t have approval for their deal. With the antitrust trial now behind us, we’re expecting a decision next month.
Alexa is coming to luxury vehicles
In the wake of CES2020, one of the biggest announcements from the show had to have been Amazon’s new automotive application for Alexa. But does it make sense for Amazon (NASDAQ:AMZN) to target the luxury and electric segments in particular?
Utility stocks’ 2020 outlook
Utility stocks have been rallying for two whole years, and valuation has become a concern. Is inflated valuation going to be a problem this year?