Category: Stock Movers

The Largest Company Right Now: Not Tesla or Apple or Amazon

by Fred Fuld III

At the time this is being written, 1:09 am PT on October 29, 2021, the largest US publicly traded company by market cap is Microsoft (MSFT) at $2.478 trillion.

In second position is Apple at $2.462 trillion.

Surprisingly, Google, I mean Alphabet (GOOGL) is ahead of Amazon (AMZN), Tesla (TSLA), and Facebook (FB), I mean Meta. Alphabet has a market cap of $1.956 trillion.

Check out the list below. Market cap values are in trillion dollars.

MSFT 2.478
AAPL 2.462
GOOGL 1.956
AMZN 1.698
TSLA 1.104
FB 0.902

Do you think we will ever see quadrillion dollar companies?

TD Ameritrade Eliminating Commissions for Stocks, ETFs, and Options

by Fred Fuld III

You have probably already heard the news that Schwab (SCHW) is eliminating all commissions on stocks. This caused all the other brokerage firms to drop in price due to the fear that customers will be transferring their accounts over to Schwab. TD Ameritrade (AMTD) dropped in price by 25% today in response to the news.

However, TD Ameritrade didn’t waste any time in responding. They are also slashing their prices on commissions to zero on stocks, ETFs, and options, as of October 3.

What will be next? Getting paid to trade at a broker?

Disclosure: Author didn’t own any of the above at the time the article was written.

Stocks that are Up over 20% for the Week

As goes the first few days of the year, so goes the rest of the year? If that’s true, you should check out these stocks. They are all up over 20% for the week, and up today.

It is interesting to note that most of them are in the biotechnology industry, with one software company, one utility, and one oil and gas drilling company.

Here they are:

Appian (APPN)

Arena Pharmaceuticals (ARNA)

Arrowhead Pharmaceuticals (ARWR)

Coheres Biosciences (CHRS)

Immutep (IMMP)

SCANA (SCG)

W&T Offshore (WTI)