An artist’s rendition of a Terran R rocket launching to orbit. Relativity Space 3D-printing specialist Relativity Space raised $650 million to step up work on a fully reusable rocket that will attempt to challenge Elon Musk’s SpaceX in less than three years, the company announced on Tuesday. The money will be used “to accelerate some
0 Comments
As you may recall, ViacomCBS (NASDAQ:VIAC) investors suffered from collateral damage when Archegos Capital unwound its massively leveraged position in VIAC stock. Source: Jer123 / Shutterstock.com The shares literally lost half of their value within a week. It was a bloodbath, but clear-minded traders should reflect on what actually took place. ViacomCBS wasn’t to blame for this
0 Comments
Last week, we sent shockwaves throughout the financial community and Tesla (NASDAQ:TSLA) stock holders, when we wrote that electric vehicle startup Lucid Motors,  which is going public through a SPAC merger with Churchill Capital Corp IV (NYSE:CCIV), was going to eat Tesla’s lunch in the premium EV category. Apparently, we even caught the attention of
0 Comments
What Are 5 Recession Resistant Industries? When a recession or an economic slowdown occurs, markets tend to become volatile leading investors to sell stocks. While some industries are very susceptible to economic changes, other industries perform well regardless of what’s happening with the economy. Although no company is completely recession-proof, the following industries tend to
0 Comments
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, Students learned about the fundamental aspects of preferred stock. Although Preferred shares are a proportional ownership of equity
0 Comments