It’s true. I don’t understand GameStop (NYSE:GME) stock or its followers. I say that because I recently received an angry inbox message claiming I didn’t do my homework in regard to GameStop. Source: Shutterstock Well, I did. I mean, I looked at the company from a fundamental perspective. What I saw didn’t look appealing. There
You can almost feel the love when it comes to Chinese electric vehicle maker XPeng (NASDAQ:XPEV). Investors poured it on yesterday, pushing XPEV stock up 7.34%. Source: Andy Feng / Shutterstock.com There is a lot to love. Sales for the third quarter, reported in November, were up 52% from the previous quarter, 187% higher than
Nvidia (NASDAQ:NVDA) emerged as one of the biggest stock market winners last year. NVDA stock generated over 120% returns for its investors in the past 12-months. Though its share price has gotten slightly ahead of itself, the chipmakers glowing reports justify its lofty valuation. Moreover, there’s still plenty of upside remaining with Nvidia, with it
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images A key measure of consumer prices is
February is a few weeks away. That’s a fairly short window in which to decide to sell for some investors. For traders, obviously that’s a much less important consideration. In either case, both types of investor have reason to believe specific equities have a reasonable chance of declining before then. It’s led to speculation on
With Covid-19 concerns fading and travel stocks attracting attention in today’s market, it is only natural that investors will be looking to capitalize on this opportunity. The United States just removed its travel restrictions for international travelers and other countries are following in its footsteps. The White House has announced that Dr. Anthony Fauci, the
Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle you want for yourself and your family—and a growing nest egg that will allow you to retire or pursue the career you want without being driven by earning a certain amount
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is replacing founder Ryan Caldwell, who will become
AMC Entertainment (NYSE:AMC) has been falling for the past several months. This might make it appealing to value seekers. AMC stock is now down $22.78 per share as of Jan. 10. But this is down from its recent peak of $51.69 on Sept. 13. That gives it a tumble of 55% from the peak. Source: QualityHD
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting strong demand for its gene sequencing treatments as well as new partnerships with four health care companies. Illumina jumped 4.1% in the premarket. Rivian (RIVN) – Rivian fell
The omicron Covid-19 variant has taken its toll on cruise stocks. The three cruise ship giants in Royal Caribbean (NYSE:RCL), Carnival (NYSE:CCL), and Norwegian Cruise Line (NYSE:NCLH) have all seen their shares tumble in recent days. Adding to their woes, the Centers for Disease Control came out with a warning to “avoid cruise travel, regardless
2021 was the year of the meme stock, and of the most notable Reddit short-squeeze targets was global movie-theater chain AMC Entertainment (NYSE:AMC). And just as the meme-stock story arc played out, AMC stock soared high and crashed hard. Source: Helen89 / Shutterstock.com It was a once-in-a-lifetime spectacle as retail traders resuscitated AMC from the theater-clearing impact of
Nikola (NASDAQ:NKLA) is making great progress in manufacturing and generating orders for its battery-electric and hydrogen heavy-duty commercial trucks. With businesses and governments seeking to reduce carbon emissions in the U.S. and Europe, Nikola’s status as a first-mover in environmentally friendly semi-trucks should enable it to post great financial results over the longer term. Consequently,
As you certainly recall, at the beginning of the Covid-19 pandemic, governments resorted to shutting down the world, which caused an economic strain like none before. Consequently, they instructed their central banks to maintain loose monetary conditions in order to offset the economic devastation. AT&T (NYSE:T) stock, for example, fell around 30% from January levels
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 20, 2021. Andrew Kelly | Reuters The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the
Imagine that on Oct. 18, 2021, you had an epiphany to buy shares of Bakkt Holdings (NYSE:BKKT) and keep them for about two weeks. On Nov. 1, 2021, you had the best idea ever, at least for 2021. At some point, you checked your trading account, and you could not believe your eyes! Your BKKT
Ever since Block, Inc. (NYSE:SQ), formerly known as Square, released its earnings for Q3 on Nov. 4, its stock has been in a free fall. As of Nov. 3, it was $252.48, but by Friday, Jan. 7, SQ stock closed down $110.90 to just $141.54. That represents a decline of 43.9% in just over 2
The oil & gas industry comprises upstream companies that explore and produce energy, midstream pipeline companies that transport and store energy, and downstream companies that refine oil and gas into finished products. Additionally, there are companies that provide oilfield drilling equipment and services. Some also manufacture and maintain equipment used in production. The industry’s biggest
Remember the days when Ford (NYSE:F) was the poster child of relatively safe, but ultra-slow investments? Those days are long gone, as F stock has provided jaw-dropping returns over the past year and a half. Source: Ford However, it’s required a great deal of patience to buy and hold those shares — and an understanding of
Take a look at some of the biggest movers in the premarket: Zynga (ZYNG) – The online game maker’s shares soared 48.2% in the premarket after it agreed to be acquired by video game maker Take-Two Interactive (TTWO) for $9.86 per share in cash and stock, implying a total deal value of $12.7 billion. Take-Two