If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?
Month: March 2022
Remember those Apple (NASDAQ:AAPL) iOS 14 privacy changes that really whapped some popular internet stocks? Well, soon it will be happening again, but this time we’re going to be dealing with Google privacy changes. Google and its parent company, Alphabet (NASDAQ:GOOG, NASDAQ:GOOG), unveiled the Google privacy changes in mid-February. The announcement of the Privacy Sandbox
A merger happens when two companies combine to form a single entity. Public companies often merge with the declared goal of increasing shareholder value, by gaining market share or from entering new business segments. Unlike an acquisition, a merger can result in a brand new entity formed from the two merging firms. A merger typically combines two
Marilyn Nieves/E+ via Getty Images Investment Thesis Burford Capital (BUR) has fallen ~65% from its highs in 2018, thanks to a combination of a short attack and COVID-19. Yet at current prices, investors are paying liquidation value for a quality compounder with a long runway in an underpenetrated market. In addition, you get a free
In this episode, Preston and Stig learn about the Chinese billionaire Jack Ma. Jack is the founder of the internet company, Alibaba, which is the biggest internet company in Asia. His company has over 407 million users and quickly growing. Within the next five years, Alibaba may ship more packages per day than all the
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A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, one of the world’s largest shipping container firms, said on Monday that it may suspend all deliveries to and from Russia in light of sanctions against the Kremlin following its invasion of Ukraine. The
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response, in Rayburn Building on Wednesday, December 1, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images If you want to see how tough it is to be Federal Reserve Chair
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours. Nordstrom — Shares of the
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock had an amazing 2021. Its fundamental performance was excellent. That strong performance translated into a stock that appreciated by 66.75% throughout 2021. Source: turbaliska / Shutterstock.com That rapid increase has resulted in share prices that flirted with the $3,000 threshold at times during 2021. That raises a question of when too much
Vinco Ventures (NASDAQ:BBIG) is a complicated company. Vinco is planning to merge with ZASH Global, it is acquiring digital advertising service AdRizer and it is spinning off its crypto business, Cryptyde. As a result of all these moves, BBIG stock has been quite volatile. Source: vincoventures.com Over time, however, it’s becoming clear that Vinco faces
SoFi Technologies (NASDAQ:SOFI) stock is making the same moves to disrupt finance it was making a year ago. But the cheers of the investing crowd have turned to jeers. Source: rafapress / Shutterstock.com Stock in the online bank, broker and wholesaler are down 27% since 2022 began. This despite a small bounce from the purchase
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In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been
In this article TGT WDAY AZO KSS FL KR Take a look at some of the biggest movers in the premarket: Target (TGT) — Shares of the big-box retailer rallied 11% in premarket trading after Target said it expects growth to continue even after its pandemic-era gains. Target posted adjusted fourth-quarter earnings of $3.19 per
Every crisis creates opportunities. And the current one is creating a huge opportunity in energy stocks. But not in the way you think. If you’re listening along with mainstream media, you’re probably thinking that now is a good time to buy oil and natural gas stocks because the economic sanctions on Russian fossil fuels will
Six months before Enron fell more than 98%… When Wall Street and the media were still praising it as a great company to buy… Louis Navellier’s legendary stock grading system flashed an urgent warning to get out. Unfortunately, thousands of everyday people missed out on this warning and were led right into the historic collapse.
It’s been nine months since I last wrote about Plug Power (NASDAQ:PLUG) stock. Plug Power went on a wild ride in those nine months. Source: Alexander Kirch / Shutterstock.com Now trading where it did last May, it appears that $20 is set up as a support line for the developer of hydrogen fuel cell systems.
Key Takeaways The number of Zoom customers contributing over $100,000 in trailing-12-month revenue came in above analysts’ estimates. Large-contract customers contributing more than $100,000 in annual revenue are usually a more stable source of revenue than smaller-contract customers. Zoom announced that its board of directors has approved a stock buyback program of up to $1.0
Spencer Platt/Getty Images News In the past few days, shares of cigarette giant Philip Morris (PM) have declined after Russia’s invasion of Ukraine. The stock is now down more than 10% from its high as investors are curious as to how this military engagement may impact the company’s results. Today, I’d like to discuss some