It would be fresh in investors memory that Lucid (NASDAQ:LCID) stock surged from below $10 to highs of $64.86. This happened even before the special purpose acquisition company (SPACs) became announced publicly. After the announcement, LCID stock slumped to lows of $20. It’s a perfect example of investors selling on news and I believe that Ocugen
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Personal savings are the primary wedding fund source for engaged couples today, but it’s not the only one. Weddings & Money 2021: A Brides & Investopedia Study, a new online survey of 1,000 U.S. adults planning a wedding, found it may take a village of people and payment methods to plan and pay for a
(Click here to subscribe to the Delivering Alpha newsletter.) While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges. Eileen Murray is the chairperson at the Financial Industry Regulatory Authority and
Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images After a disastrous 2020, when many corporations were forced to cut dividends, these payments to shareholders have been rising for the last several quarters. The dollar value of dividends paid
In this article PLNT REGN W VIAC MRNA BKNG Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share,
With several fintech disruptors looking to go public in the days and weeks ahead, investors who own SoFi Technologies (NASDAQ:SOFI) stock ought to be excited about the news. Source: rafapress / Shutterstock.com From where I sit, that’s a green light for SOFI stock to move higher. Here’s why. In the past month alone, SoFi’s share
The only question left regarding Uber Technologies (NYSE:UBER) stock is: where’s the bottom? Source: NYCStock / Shutterstock.com At around $45.70 per share, the ride-hailing and food delivery company’s stock is well down from its 52-week high of $64.05. UBER stock has fallen 14% in the past six months, and the share price is now up
Clover Health Investments (NASDAQ:CLOV) has been one of the year’s bigger disappointments. Other than a couple of days when CLOV stock was lifted by a short squeeze in June, the shares have been almost unrelentingly trending downward. With the latest decline, Clover’s shares are now down more than 50% in 2021. Source: Shutterstock This was
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
When Chief Executive Officer Mark Zuckerberg announced Meta (NASDAQ:FB) as the new name for Facebook, it validated Roblox’s (NYSE:RBLX) business model. RBLX stock closed at $78.36 on Nov. 11, up 13% year-to-date. Source: Miguel Lagoa / Shutterstock.com The prospects of a metaverse are very real. Virtual worlds have been around for many years. Companies also
It’s pretty easy to continue to buy growth in this market. Third-quarter earnings for big tech companies are crushing it. The economy is climbing the wall of worry that supply chain issues are promising. So why buy dividend aristocrat stocks? Well, first of all, these aren’t just dividend stocks. You need to think of these
Peloton Interactive (NASDAQ:PTON) was a pandemic favorite. With gyms shut down and people stuck at home, they snapped up Peloton’s pricey internet-connected exercise bikes and treadmills. But in the spring, with gyms reopening and the outdoors beckoning, sales quickly dropped off. Then things got even worse for PTON stock. Source: JHVEPhoto / Shutterstock.com It put
AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide. Source: Helen89 / Shutterstock.com On Nov. 1,
Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The securities within an energy ETF’s portfolio include major companies such as Enbridge Inc. (ENB), as well as smaller, fast-growing companies in the sector such as SunPower Corp. (SPWR). Because energy ETFs cover a wide variety of businesses, regions,
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
In this article NYT CVS HUM CPRI TUP NCLH Check out the companies making headlines before the bell: New York Times (NYT) – The newspaper publisher’s shares jumped 3.9% in the premarket after it beat estimates by 3 cents with an adjusted quarterly profit of 23 cents per share. Revenue also beat estimates amid rising
The emerging fintech, SoFi Technologies (NASDAQ:SOFI), reports quarterly results on Nov. 10, and investors will look for a few key data points that could validate buying SOFI stock after the rally. Source: rafapress / Shutterstock.com SoFi investors will look at customer acquisition growth in the third quarter. They will also watch for the company to
Lucid Group (NASDAQ:LCID) stock is getting a Tesla (NASDAQ:TSLA) valuation before it demonstrates Tesla performance. Source: gg5795 / Shutterstock.com LCID stock has jumped 50% in just a few weeks as the company began deliveries of its Air sedan. The cars are getting reviews a lot like the early Tesla cars, filled with superlatives. But Lucid
The best opportunities in the market – the ones that make millionaires many times over – are often found in places that most people aren’t looking. Source: Alexander Kirch / Shutterstock.com And that’s why I think the next-generation of millionaire-maker stocks will be found in the Hydrogen Economy. Yep. I’m well aware of the back