Stock Market

This was the year Oracle (NASDAQ:ORCL) was finally recognized as a cloud player. When ORCL stock hit its all-time high on Dec. 6, investors were looking at a 67% year-to-date gain. Today, shares are up a little more than 40%, thanks in part to the omicron downdraft but also thanks to Oracle’s purchase of Cerner
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Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company.  Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford
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Based in Delaware, popular cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) makes the world of crypto investing easily accessible. However, just because the platform is popular doesn’t mean that Wall Street is currently enamored with COIN stock. Source: OpturaDesign / Shutterstock.com Indeed, the stock has fallen under major selling pressure lately. When the tide of sentiment turns
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Fat search profits have made Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock 2021’s hottest “Cloud Czar.” Source: achinthamb / Shutterstock.com The company has earned $103.84 per share over the last four quarters. That let the stock rise 65% while the price to earnings ratio remained at an almost-reasonable nearly 29. Google’s early dominance was based on search advertising.
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It’s the disclosure that everyone interested in the investment markets were waiting for. As InvestorPlace financial news writer Samuel O’Brient noted, the Federal Reserve recently met to discuss current economic challenges, particularly the soaring inflation rate. While the subsequent answer soothed benchmark indices, it leaves a question mark for SoFi Technologies (NASDAQ:SOFI), particularly as SOFI
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DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the
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Cryptocurrency exchange Bakkt Holdings (NYSE:BKKT) was a hot IPO in October. In December, it’s as cold as ice. BKKT stock has plummeted nearly 70% in the past month and a half. Source: Shutterstock Bakkt’s majority owner is Intercontinental Exchange (NYSE:ICE), which owns the New York Stock Exchange. The idea was to link the worlds of
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