Stock Market

By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in
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Several days ago, Vinco Ventures (NASDAQ:BBIG), a “mergers and acquisition company focused on digital commerce and consumer brands,” closed its merger with Lomotif, a short form video-sharing app similar to TikTok. Given the latter’s incredible reach and popularity, on paper, BBIG stock has significant upside potential. Source: Shutterstock Unfortunately, reality can be a cruel mistress.
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I don’t personally understand Pinterest (NYSE:PINS). But my lack of understanding of the underlying social media phenomenon doesn’t keep me from noticing a deeply distressing move by PINS stock. Now, the question is whether my personal assessment of the business is rooted in a substantive issue or just an unfortunate coincidence. Source: Nopparat Khokthong /
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The company that catapulted the e-commerce revolution, Amazon (NASDAQ:AMZN) hardly needs any help doing what it does best: dominating whatever market it decides to disrupt next. Yet the novel coronavirus pandemic proved that at least from a shareholder’s perspective, AMZN stock is not above receiving assistance from fortuitously aligned events. Source: Julie Clopper / Shutterstock.com
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Once considered a laggard company in the world of technology, Oracle (NYSE:ORCL) stock has made a comeback as one of the best-performing tech names of 2021. Source: Jonathan Weiss / Shutterstock.com It was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other
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Short squeezes have been all the rage on Wall Street in 2021. But even with its massive short interest, traders shouldn’t expect a short squeeze from Tesla (NASDAQ:TSLA) stock anytime soon. Source: Grisha Bruev / Shutterstock.com GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) are just two examples of stocks that skyrocketed this year thanks to short
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See the device above? Believe it or not, this tiny device is about to turn car ownership in America on its head! I’m talking about big changes in store for you, very soon. Like slashing the cost of a new car… Dramatically changing how much you pay for insurance… And the best part… Cutting your
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Investing in Hyliion (NYSE:HYLN) stock is really a matter of judging the company’s future direction. It wouldn’t be incorrect to state that the company could revolutionize the trucking industry. After all, if it can successfully commercialize its retrofit, hybrid diesel and natural gas powertrains for class 8 vehicles, it can rise massively.  Source: Vitpho/Shutterstock.com A
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