It’s been a couple of weeks since DraftKings (NASDAQ:DKNG) reported Q4 2021 results that caused DKNG stock to plunge almost 22% in a single day of trading. Source: Lori Butcher / Shutterstock.com If you were smart, you listened to CEO Jason Robins and bought some of the sports betting company’s shares. The day before DraftKings
Embattled theatre chain operator AMC Entertainment (NYSE:AMC) stock has picked up in the past month. A lot had to do with its somewhat encouraging preliminary fourth-quarter results. Source: Helen89 / Shutterstock.com It’s now released its final fourth-quarter earnings results, which are nothing to feel joyful about despite showing progress. AMC stock continues to trade at
Will Boeing (NYSE:BA) stock wing higher this year? Source: Marco Menezes / Shutterstock.com The Chicago-based airplane manufacturer’s share price managed to claw its way out of the hole it found itself in when its 737 Max aircraft were grounded worldwide between March 2019 and December 2020 after 346 people were killed in two high-profile crashes.
It is crucial to build a basic understanding of tax laws prior to trading options. In this article, we will examine how calls and puts are taxed in the United States. Namely, we will look at calls and puts that are exercised, as well as options that are traded on their own. We will also
Billionaire Warren Buffett says he drinks five Cokes a day. Bloomberg | Getty Images Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Berkshire Hathaway began buying Apple’s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy pace in February and wages gains were strong. The February employment report, released at 8:30 a.m. Friday, is
The last six-months have been gloomy for Block (NYSE:SQ) stock. During this period, SQ stock has plummeted by 55% in the last year. The good news is that the correction is not limited to SQ stock. In the last six-months, PayPal (NASDAQ:PYPL) stock has corrected by 64%. Source: Sergei Elagin / Shutterstock Further, the Global
Cassava Sciences (NASDAQ:SAVA) is a clinical-stage biotechnology company trying to fight and cure Alzheimer’s disease. Its laudable mission is “to detect and treat Alzheimer’s disease.” The “mission” of SAVA stock, on the other hand, is unclear. Source: Pavel Kapysh / Shutterstock.com Since 2016, this biotechnology company has had no revenue at all. None. This is a
Digital World Acquisition Corp (NASDAQ:DWAC) has been on a steady rise recently due to the launch of the Truth Social network. DWAC is merging with Trump Media and Technology Group (TMTG). The companies expect to complete the merger in the first quarter of this year, at which point DWAC shareholders will become shareholders of TMTG.
In today’s episode of hungry for returns we are going to answer: As a long term investor, how long should you wait before buying the dip on a stock? In this video, I’m going to answer this question in detail, and I’ll share with you the 4 main points you need to keep in mind
In this article DKNG FSLR F CRM JWN Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whopping 39% after the company reported better-than-expected profits and sales for the holiday quarter. The
Investors in the disruptive financial technology (fintech) space have lately been restless, while many fintech stocks have posted further losses in February. In fact, the pandemic-triggered rally started to cool down in late 2021. As a result, fintech companies are in correction territory along with most other growth stocks. Rising interest rates and global headwinds,
There are a number of dividend stocks whose companies produce plenty of cash flow and that are overlooked by the market. In many cases, these companies have high dividend yields. But their key characteristic is their cash flow more than covers the dividends being paid to shareholders. As a result, we found seven dividend-paying stocks
Evidence strongly indicates that the Chinese government is continuing to intentionally harm Alibaba (NYSE:BABA). Meanwhile, the company’s recently released third-quarter results for BABA stock were uninspiring. Source: Nopparat Khokthong / Shutterstock.com Its cloud business, after existing many years, is still losing money. Given all of these points, I remain bearish on BABA stock. Indeed, I
It’s been a rough couple of days for Lucid Group (NASDAQ:LCID) investors after the luxury electric vehicle (EV) maker reported disappointing fourth-quarter earnings and cut its 2022 production estimate by up to 40%. The company now predicts it will deliver just 12,000 to 14,000 vehicles, down from 20,000 previously, citing ” supply chain and logistics challenges.”
When you need to make or accept payment but cash, check, and electronic transfers don’t fit the bill, a money order is a secure and convenient solution. Available at more than 200,000 U.S. locations, money orders are also easy to buy or cash. A money order is essentially a paper check that can’t bounce because
Charge Point EV stations Source: Charge Point Check out the companies making headlines in after-hours trading: Snowflake — Snowflake shares dropped 25% in extended trading after the company showed the slowest revenue growth during the fourth quarter since at least 2019. The company reported $383.8 million in revenue, compared with the $372.6 million analysts surveyed
It’s been a long, bumpy road for investors of Chinese electric vehicle (EV) maker Nio (NYSE:NIO) over the past half-year. It seems like every time NIO stock pops, the sellers come rushing in to push the price back down. Source: Sundry Photography / Shutterstock.com This is undoubtedly frustrating for EV market enthusiasts who believed that Nio would be
Lumen Technologies (NYSE:LUMN) stock has fallen over 28% in the past nine months. The telecom company’s most recent plunge comes after reporting its underwhelming fourth-quarter results. Source: Shutterstock Moreover, investors fear a potential dividend cut, despite its management’s relentless commitment. Consequently, LUMN stock now trades at a throw-away valuation. LUMN stock hasn’t performed too well at
There really isn’t any good news in relation to DiDi Global (NYSE:DIDI) stock. Bottom fishers could concoct some sort of bullish thesis about the beaten down Chinese ride share stock in an effort to convince investors to get on board. That might convince a little bit of capital to rush into the shares. But at