Month: October 2021

In this article SWX NKE NFLX Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose
0 Comments
A very popular term in business is disruption, or causing a radical change through innovation. Hippo Holdings (NYSE:HIPO) is a digital homeowners insurance provider that went public in August. Potential HIPO stock investors wonder if this insurance provider will disrupt the insurance market. Source: TDKvisuals / Shutterstock.com It seems to me that HIPO stock lacks
0 Comments
Facebook Inc. (FB), the world’s largest social networking website, was founded by CEO Mark Zuckerberg and several Harvard College roommates in 2004. The company’s name initially was FaceMash, which was changed to TheFacebook, eventually dropping “The” from its name to become, simply, Facebook. Zuckerberg and his co-founders initially launched the service for their Harvard classmates,
0 Comments
Canoo (NASDAQ:GOEV) released its second-quarter results on Aug. 16 with zero revenue as expected, since it’s not yet producing any electric vehicles (EVs). Its “Lifestyle Vehicle” is not forecast to begin production until late 2022. The problem is GOEV stock is headed further down. Source: shutterstock.com/rafapress Based on Canoo’s Q2 cash level and management’s statements,
0 Comments
ViacomCBS (NASDAQ:VIAC) has been a costly disappointment for some investors in 2021. Enthusiasm over the company’s newly-announced streaming plans paired with Reddit-fueled retail investors drove VIAC stock past $100 three weeks into March. That was a 174% gain in under four months. Source: Jer123 / Shutterstock.com A catastrophic crash then saw shares lose half their
0 Comments
Bed, Bath & Beyond (NASDAQ:BBBY) shares dropped dramatically after a disappointing earnings report. The retailer lost $73 million, or 92 cents per share. Sales fell 26% to $1.98 billion for the three months ending in August. The company blamed supply chain issues and inflation. Investors blamed management. BBBY stock plunged 22% in a day. Source: Jonathan
0 Comments