Month: June 2021

Self-billed as one of the largest e-commerce marketplaces in the world, I can fundamentally appreciate the bullish catalyst supporting Contextlogic (NASDAQ:WISH) today. Particularly in the age of the novel coronavirus, online businesses offer tremendous appeal. That said, most speculators probably aren’t thinking about the fundamentals when it comes to WISH stock. Source: sdx15 / Shutterstock.com
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Robinhood will pay roughly $70 million in penalties for its systemwide outages and misleading communication and trading practices, the Financial Industry Regulatory Authority said Wednesday. The settlement regards the technical failures Robinhood experienced in March of 2020, Robinhood’s lack of due diligence before approving customers to place options trades and purveying misleading information to customers
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Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. WideOpenWest — The U.S. cable operator saw its stock price increase 12.3% after it announced it will
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Rocket Companies (NYSE:RKT) should present investors with a relatively simple proposition. If you believe that the housing market will remain robust, you’re a buyer of RKT stock. If you believe there will be a normalization or pull back, then you’re sitting out. Source: Lori Butcher / Shutterstock.com    So far in 2021, it looks like the latter is occurring. Rocket Companies is the parent
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If you haven’t done so already, now is a good time to emergency-proof your finances. Doing so can help limit your overall disruption, lower your stress, and put you in a better position to ride out any emergency—whether it’s a family crisis, a hurricane, or a pandemic. Key Takeaways You never know when an emergency
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In this article ZM 6694.T-JP Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond of Zoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic. “I have fallen in love with Zoom,” Munger said during an interview with Becky Quick on CNBC’s special “Buffett & Munger:
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In this article 9988-HK 9888-HK FISV Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest
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There’s a distinct pattern to the action of salesforce.com (NYSE:CRM) stock. When it makes a big acquisition, the shares fall, relative to the NASDAQ average. As the acquisition is absorbed, CRM stock rockets ahead of the average. Then, Salesforce makes another deal. Source: Bjorn Bakstad / Shutterstock.com This happened with Mulesoft in 2018. Then again
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With the power of meme stock fans demonstrably weakening and Clover Health (NASDAQ:CLOV) continuing to face an SEC investigation, the longer-term outlook of CLOV stock remains negative. Source: Shutterstock As a result, I urge investors to sell the company’s shares. Clover Health has become a favorite of the social media-oriented investors, i.e. the meme stock
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Variable Life Insurance vs. Variable Universal Life Insurance: An Overview For investors that love to watch the market, variable life insurance products are interesting. These products allow for a portion of the premium to be allocated to the insurance company’s investment fund, allowing tax-free profits to be generated for beneficiaries. Variable universal life insurance products
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Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous
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