There are important things to keep in mind when it comes to heavily shorted stocks, particularly in a social media environment that has proven to be something close to a distortion field. First, short sellers aren’t evil. They aren’t destroying companies. They’re betting against a stock price. Sometimes they make that case publicly. More often,
Month: May 2021
As American workers began to shoulder more of the responsibility for funding their retirement, retirement calculators proliferated across the Internet. A Google search for “online retirement calculator” garners tens of thousands of hits. People are anxious about their retirement readiness, concerned about whether they will have enough money to last through their lifetime. Key Takeaways
Entertainment and media giant ViacomCBS (NASDAQ:VIAC) has been around for many years and has survived major industry changes. Yet, it felt like the end of the world when VIAC stock got dumped by investors in March of 2021. Source: Jer123 / Shutterstock.com Let’s not mince words: the investing community is prone to overreactions. Excessive enthusiasm can
Costco Wholesale (NASDAQ:COST) stock seldom goes on sale. When it does, income investors need to grab it like one of those prized rotisserie chickens offered at the back of the store. The most recent sale came around the end of February or early March. The COST stock share price fell 20%, from a high of
A general view of the Draft Kings sign on the right field wall during the Major League Baseball game between the Philadelphia Phillies and the Toronto Blue Jays on September 20, 2020 at Citizens Bank Park in Philadelphia, PA. Rich Graessle | Icon Sportswire | Getty Images Check out the companies making headlines in midday
The madness in GameStop (NYSE:GME) stock earlier this year was one for the history books. It was fun while it lasted, but the mania that drove this stock to record highs has all but played out. So, why hasn’t this bricks-and-mortar chain turned aspiring e-commerce play fully collapsed yet? Source: quietbits / Shutterstock.com Namely, it still
For a stock that traded sub-$0.10 per share last year, Zomedica’s (NYSEMKT:ZOM) rise this year has been quite incredible. Investors will note that ZOM stock nearly hit $3 per share during the retail investor-driven melt up earlier this year. Source: Postmodern Studio / Shutterstock.com However, since then, ZOM stock has been on a steady decline. Today, shares
It seems certain that the current decade belongs to the electric vehicle industry, which presents a real opportunity for lithium stocks. By 2030, EVs will make up a third of new cars sold globally. The lithium industry is likely to be one of the biggest beneficiaries of this secular growth story. It’s not surprising that
Astra VP of manufacturing Bryson Gentile, left, and CEO Chris Kemp take a protective cover off a rocket fairing half. Michael Sheetz | CNBC ALAMEDA, California — Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches
Tilray (NASDAQ:TLRY) shareholders will vote on the all-stock merger with Aphria (NASDAQ:APHA) on April 30. Aphria shareholders will receive 0.8381 shares of TLRY stock for every one share of APHA stock they own. Source: Jarretera / Shutterstock.com Aphria’s shareholders have already voted and approved the merger on April 15. There’s no reason to believe that
Nearly 100 years ago, a Czech physician and novelist by the name of Miles J. Breuer predicted the future. In his 1930 science fiction book Paradise and Iron, Breuer “invented” the concept of autonomous vehicles, offering up this idea of a mysterious paradise island where all the cars, trucks, and boats drove themselves. Ninety years
Your net worth calculation provides a financial report card for how you are doing at this point in time. Net worth is calculated by subtracting all of your liabilities (what you owe) from your total assets (what you own). If your assets exceed your liabilities you have a positive net worth. If your liabilities are
Not infrequently, Wall Street focuses excessively on relatively inconsequential details and ignores the “big picture.” When that happens, great long-term buying opportunities are frequently created. I think that phenomenon is playing out now with clean-energy stocks in general and Stem (NYSE:STEM) stock in particular. Source: Lightboxx/ShutterStock.com Stem has developed software, powered by artificial intelligence, that
A selection of food that is on the menu at the Jack in the Box on Campus Drive in Irvine, Calif. Glenn Koenig | Los Angeles | Getty Images First-quarter earnings season is well underway, with several tech heavyweights reporting their financial results for the most recent quarter this past week. There’s more to
Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook exceeded analysts’ forecasts by $1.03 a share, with quarterly profit of $3.30 per share. The social media giant’s revenue was also well above Wall Street forecasts as digital ad spending continued to surge amid the pandemic. Facebook said ad
Driving the narrative for emerging markets is the fundamental reason why people invest: Find a great deal in the hopes that it will generate significant profits later. Naturally, those that love the concept of banking on emerging markets have gravitated toward companies like Jumia Technologies (NYSE:JMIA). As an e-commerce firm targeting several African countries, much
Nano Dimension (NASDAQ:NNDM), an Israeli 3-D technology and nano-PCB technology company, recently raised almost $1.5 billion. As a result, it is now on the acquisition warpath, putting that capital to work. The money is burning a hole in its pocket. In the last month it has made two acquisitions, in cash and NNDM stock. Source:
If “Big Tech” was a gamefish, like Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TLSA) made a big earnings splash this week. Results and guidance were handily above expectations for many tech stocks, so growth investors didn’t mind getting wet. But, for industry observers and regulators looking to reel it in,
Remember when marijuana used to be taboo? Back when Cheech & Chong – a comedy duo who tapped into the height of the cultural weed zeitgeist during the ‘70s – pushed the envelope to further their drug-fueled counterculture movement, weed smokers were still mostly marginalized. The War on Drugs was in full swing, as Richard
Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway Vice Chairman Charlie Munger’s distain toward bitcoin has only intensified amid the digital asset’s record run this year. “Of course I hate the bitcoin success,” the 97-year-old Munger said during a Q&A session at Berkshire’s annual