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
Month: June 2021
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
Traders on the floor of the New York Stock Exchange. Source: NYSE The floor of the New York Stock Exchange, which has been quiet in the past year, has suddenly come to life. Traders have been returning, restrictions have been relaxed so more visitors can come on the floor, and the IPO business is booming.
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
It seems everyone is pounding the table for SoFi Technologies (NASDAQ:SOFI) stock. Even me. While I was skeptical of the SPAC deal that turned IPOE shares into SOFI stock at the start of June, I still think it’s good for the long run. Source: rafapress / Shutterstock.com Much of that is based on faith in CEO
Penny stocks can be broadly categorized as stocks that trade below $5. In most cases, penny stocks are small market capitalization or micro-cap stocks. With social media playing a big role in the investment world, penny stocks have been in the radar. Being largely small-cap stocks, investors need to remain cautious. The best is to
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
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
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:
The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019. Carlo Allegri | Reuters Stocks are expected to move higher in the second half of the year, propelled by strong earnings gains and super-charged economic growth. The market’s gains, however, are not expected to be
When a company burns through $8.5 billion in cash over a one-year period, the money has to come from somewhere. It can come from either cash on the balance sheet, from issuing more debt or from selling more equity. For American Airlines Group (NASDAQ:AAL), it was mostly debt financed. In 2020, total debt (including operating
Metal and mining stocks have been trending higher in the last few quarters. And this upside has been in-sync with a broad-based rally for commodities. The rally is evident from the fact that the Core Commodity CRB Index has surged by 56.5% in the last 12 months. However, I believe that there is more upside
After Reddit’s subgroup, r/WallStreetBets, sent AMC Entertainment (NYSE:AMC) flying, the shares have proven to have staying power. AMC stock has hovered near $60 for nearly all of June, and the stock is not too far from its 52-week high. Source: Helen89 / Shutterstock.com AMC has a history of selling shares and raising debt because its
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
Boxes containing vials of the Moderna Covid-19 vaccine are stored at the Kedren Community Health Center on January 25, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares surged 5.6% after the company said its Covid vaccine showed
Before I get into my take on Nokia (NYSE:NOK), I should start with a disclosure. Among the myriad topics to cover in the equities sector, telecommunications may be my least favorite. So I’ll gladly declare that you should take my opinions about NOK stock with a massive grain of salt. Source: rafapress / Shutterstock.com That
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
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
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
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
- 1
- 2
- 3
- …
- 17
- Next Page »