Month: December 2021

What prompts people to buy and hold shares of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL)? Oftentimes, they own GOOG stock simply because Alphabet is the parent company of ultra-popular search engine Google. Source: Benny Marty / Shutterstock.com Yet, Google’s popularity isn’t the only reason to maintain a stake in Alphabet. That’s because the shareholders also get exposure to artificial
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By all rights, SmileDirectClub (NASDAQ:SDC) shareholders should be a happy bunch right now. After all, Covid-19 kept many people out of dental offices, creating the perfect opportunity for a company built around remote teledentistry. In addition, pandemic-weary consumers have spent 2 years of boosting spending on self-care. Improving their smile should have been a no-brainer. However,
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In this article MON Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrencies have had yet another wild year. Bitcoin, the world’s largest digital asset, has seen a roughly 65% gain since January — with some
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Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company.  Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford
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In the family of financial planning products, the Roth individual retirement account (IRA) sometimes looks like the cool younger brother of the traditional IRA. Indeed, the Roth version, first introduced in 1997, offers a number of attractive features that its standard sibling lacks: the absence of required minimum distributions (RMDs), plus the flexibility to withdraw money
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When Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.
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Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet.  Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within
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As someone who extensively covered cryptocurrencies during the past year, one of the concerns I had was oversaturation. Namely, it’s difficult to establish the applicability of one blockchain over another. I feel the same way about Gores Guggenheim (NASDAQ:GGPI). While the underlying electric vehicle manufacturer Polestar may look good for GGPI stock on paper, the
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