Despite falling 33% since its all time high, Roku (NASDAQ:ROKU) stock ended trade June 3 at $323.80/share. That’s a market cap of $42.8 billion on expected 2021 sales of $2 billion. Source: AhmadDanialZulhilmi / Shutterstock.com Roku stock is punching above its weight because Roku streaming devices beat the Amazon (NASDAQ:AMZN) Fire Stick. By licensing its technology
In this article AMC Closed signs are seen on an AMC Theatre during the outbreak of the coronavirus disease (COVID-19), in New York City, April 29, 2020. Brendan McDermid | Reuters Investment firm Mudrick Capital has exited both its debt and equity positions in AMC Entertainment, sources tell CNBC’s David Faber, as the theater chain’s
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon, Qualcomm and Micron were among stocks that fell after a report that the Biden administration is pushing for a tax change that would require companies to pay a
Hurricane season is not for the faint of heart. It has far-reaching negative implications for the broader economy and the investment world. But there are companies out there that actually benefit from the season. So, it is not surprising that many people seek out the best stocks to buy to profit during this time. We
AT&T’s (NYSE:T) plans to spin-off/merge its WarnerMedia unit with Discovery (NASDAQ:DISCA) may be the right move strategically. But, with its related plans to slash its dividend, investors who’ve bought into T stock for its yield haven’t been too happy. After the announcement, shares in “Ma Bell” saw an immediate drop, falling from around $32 per share,
Just when I thought there might be a nice orderly selloff of GameStop (NYSE:GME) stock, the Reddit crowd is back at it. In the 30 days ending June 1, GME stock jumped 53%. And the only explanation that seems to fit is that the Reddit crowd simply loves to pump up heavily shorted stocks. Source: Shutterstock
I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed. Source: Shutterstock In early May, I wrote a piece about the Covid-19 vaccine candidate, suggesting that it looked ready to blow through $18 a share. It had just doubled
Robinhood IPO Details Robinhood Markets Inc., is an online brokerage company with a stock trading and investing app aimed at younger retail investors. The company, an early adopter of zero-commission trades, filed for a confidential initial public offering (IPO) in March 23, 2021. A confidential IPO allows a company to submit an initial draft of
In this video, a person learns what the Debt to Equity ratio means.
Stocks v. Options Similarities: -Both are trade-able securities. -Both have bid and ask prices and a bid-ask spread -Listed on the same exchanges Differences: -Options have expiration dates, stocks do not -There is no set number of options -With stocks, you own a piece of the company and you have voting rights -With options, you
Institutional investors can and do move the market. Discover how you can use this information to your advantage through the use of the Zacks Rank.
Aleksandr Sumarokov / EyeEm | EyeEm | Getty Images Some people believe the Reddit gang bidding up meme stocks like AMC won’t lead to ruin for themselves and that the movement is a positive thing for investing overall. They are claiming once again that “this time is different.” In 37 years, I have heard that
Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies
Should traders and investors buy SoFi Technologies (NYSE:SOFI) stock? As a short-term trade, the shares may be profitable. This name, which merged with the SPAC known as Social Capital Hedosophia Holdings V, could attract enough buyers to bounce back towards its all time high of around $28 per share. Source: rafapress / Shutterstock.com SoFi stock
Today we’re going to touch on one of my favorite topics, which is science fiction. As technology evolves, it is becoming more science than fiction, and we are almost there. The opportunity to profit from exploring space is as real as ever. Virgin Galactic (NYSE:SPCE) is a major commercial space travel company trading publicly. But trading
Growth stocks had a rocky time in May, when concerns about inflation resulted in a temporary sell-off. Why did inflation chatter cause such a reaction? It’s not inflation per se that’s the worry. The possible raising of interest rates to combat inflation is the real concern. For now, the Federal Reserve is OK keeping rates
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman said he expects to close his SPAC deal to buy 10% of Universal Music Group for around $4 billion later this month. Ackman’s blank-check company Pershing Square Tontine Holdings (PSTH) is likely to finish the transaction by June 22,
A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters Hiring improved in May, but 559,000 new jobs aren’t enough to spur the Federal Reserve to begin to talk about tapering back its bond purchases. Friday’s Labor Department report on new payrolls was below the 671,000 expected
As Bitcoin (CCC:BTC-USD) turns 10 years old, there is a temptation to do away with the “wild west” narrative. However, wild oscillations prevent me from pushing this narrative. Still, it’s nice to know there are companies like Coinbase (NASDAQ:COIN) that offer a beacon of light for those looking for stability. Source: Primakov / Shutterstock.com Coinbase
Hopeful investors gave up in the weeks that followed QuantumScape’s (NYSE:QS) quarterly results. QS stock tried to bounce back to above the $30 range last month but failed. Source: Michael Vi/Shutterstock.com Investors cannot get over the higher capital expenses ahead. Though liquidity fueled the stock after its post-SPAC (special purpose acquisition company) status, reality weighs