In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
Month: August 2021
In this article UIS SPG TTWO Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell: Take-Two Interactive Software — The video game company saw
Travelzoo (NASDAQ:TZOO) is an internet company that posts deals from businesses in the travel, entertainment and restaurant industries. It differs from other travel sites by exclusively covering deals and specials instead of direct reservations. With the company’s strong financials and many people resuming travel, TZOO stock is a worthwhile buy at its current price near
Quantumscape (NYSE:QS) stock is slowly deteriorating, down over 18% in the past month. Back in June, I wrote that QS stock was likely to continue falling, given its poor business model. In effect, the electric vehicle (EV) battery maker is just a research organization with an unproven product that won’t be made for at least
On today’s show, we have the founder of Santiago Capital Management, Brent Johnson, to discuss Bitcoin and its potential role in the greater macro economy. IN THIS EPISODE, YOU’LL LEARN: – How Brent Johnson views the macro landscape – Brent’s opinions on different “pools” of money in the greater economy – Why scare assets are
At one point, Zomedica (NYSE:ZOM) could do no wrong. ZOM stock would explode some 2,900% from its November 2020 lows. The company was nearing commercialization of its point-of-care diagnostic product. Even the pet industry was howling about the opportunity. Source: Postmodern Studio / Shutterstock.com Nowadays, Zomedica has become a slow-motion train wreck. In fact, the last
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Utility companies
EBITDA vs. Operating Income: An Overview Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and operating income are two key measures of a company’s profitability but they convey different information to the investor studying a company’s balance sheet. EBITDA, as its name implies, strips out some of the costs of doing business in order to
Newegg Commerce (NASDAQ:NEGG) is a California-based online retailer that specializes in computers, electronics, PC and gaming accessories and related products. Newegg has been in business since 2001, but the company only went public this May. In a reverse merger (details here) it became Newegg Commerce. NEGG stock began trading on May 20, and since then it
Oatly Group (NASDAQ:OTLY), the Swedish maker of oat-based milk, had an auspicious market debut May 20 when OTLY stock began trading. Source: Vladislav Noseek / Shutterstock.com But I was skeptical. “Thirteen billion dollars for oat milk?” I asked. That was Oatly’s market cap after rising $5 per share in its first day of trading. OTLY
In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the Chinese government’s decision to investigate and penalize it. The shares
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters The U.S. economy is expected to have grown at the strongest pace of the year, but it could have been even more rapid were it not for supply
Navigating the stock market is never easy, particularly in these times. Although the markets are on fire, value investors are still squeamish on which stocks to buy. After all, this economy is dominated by electric-vehicle (EV) plays and SPACs, or special purpose acquisition companies. Understandably, the whole situation can confuse the best trader. That’s why
Once considered a laggard company in the world of technology, Oracle (NYSE:ORCL) stock has made a comeback as one of the best-performing tech names of 2021. Source: Jonathan Weiss / Shutterstock.com It was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other
On today’s show, Preston talks with Plan B and Willy Woo about Bitcoin on-chain analytics. They talk about some of their favourite metrics and what their expectations are for the current Bitcoin bull market. IN THIS EPISODE, YOU’LL LEARN: – What are some of the most important trends and data Plan B and Willy Woo
With Covid-19 vaccination rates slowing around the world, now is not the time to buy biotechnology company Novavax (NASDAQ:NVAX) stock. Source: Ascannio/Shutterstock.com NVAX stock fell 10% between July 20 and July 27 as hope fades that the company will be able to get its Covid-19 vaccine to market in time to capitalize on demand for
In this article XOM CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron reported a second straight quarter of profits Friday as improving demand for petroleum products and a jump in oil prices boosted operations. The
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
Serving on a corporate board of directors can be a lucrative side gig or second career for high-profile executives and recent retirees. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. The median compensation for members of private company boards of directors was