When conservative talk radio host Larry Elder went head-to-head against incumbent California governor Gavin Newsom during last year’s recall election, it had significant implications for DraftKings (NASDAQ:DKNG). You see, Elder has some libertarian views, but he’s not too fond on gambling, which of course would have boded poorly for DKNG stock had he won. Source:
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Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
Micron’s (NASDAQ:MU) near-term and longer-term prospects remain very strong, and the company is extremely profitable. But despite all of that, MU stock is still trading at a tiny valuation. Source: Piotr Swat / Shutterstock.com Meanwhile, multiple, highly reputable Wall Street firms are very bullish on the shares. Consequently, I remain very upbeat on the shares.
I recently wrote a bullish column on DoorDash (NYSE:DASH) stock, so I’m certainly not bearish on all delivery names. However, there are two very important differences between DASH stock and Grab Holdings (NASDAQ:GRAB) stock. Source: Hafiz Johari / Shutterstock.com Specifically, Grab operates in countries with much weaker economies and lower standards of living than DoorDash.
Cassava Sciences (NASDAQ:SAVA) stock illustrates the promise — and hazards — in biotechnology investing. Casssava management says it has a drug that can effectively treat Alzheimer’s Disease, one of the most destructive diseases known to man. They may have it, or they may not. It’s impossible for a small investor like me to know for
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NVIDIA Corp. (NVDA) designs, develops, and markets graphics processors as well as related software and hardware products. The company has played a pioneering role in the development of the graphics processing unit (GPU), a type of chip or electronic circuit capable of rendering graphics for display on electronic devices. GPUs were originally designed for the
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared more than 32% after the firm announced it’s replacing
There’s been a lot going on with San Francisco-based video game developer Zynga (NASDAQ:ZNGA). For instance, the company is gearing up to present its fourth-quarter and full-year 2021 financial results, which could have a profound impact on ZNGA stock. Source: Sundry Photography / Shutterstock.com Also, Zynga subsidiary and Golf Rival game developer StarLark is “kicking off the Lunar New
Nio (NYSE:NIO) investors have certainly seen better days. NIO stock is down 28% so far in 2022. Shares of the Chinese electric vehicle maker trade at nearly $24 a share, having a 52-week range of $19.31 to $64.60. That’s quite a lot of pain. So how did all the excitement about this stock disappear? Source: Sundry
Palantir Technologies (NYSE:PLTR) is a growth stock. When growth stocks were in fashion, it was a winner. When they ceased to be in fashion, investors lost. Source: Ascannio / Shutterstock.com After writing about its data analysis products in July, I called Palantir stock a dirt-cheap speculation. In September, I looked at its high price and
In this article AMGN SPGS James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Take-Two Interactive — Shares of the video game company shed
There have already been some big movements in stocks in 2022. Meta Platforms (NASDAQ:FB) lost $232 billion in value after weaker-than-expected first quarter revenue. Meanwhile, Snap (NYSE:SNAP) soared by some 60% after its quarterly numbers beat estimates despite a prior downward trend. Now, the story looks similar for DraftKings (NASDAQ:DKNG) in terms of correction. In
Amazon (NASDAQ:AMZN) is rising after yet another strong quarter. The overall news was good for the company, which managed to exceed expectations on several fronts. That sent shares of AMZN stock more than 10% higher. Source: Eric Broder Van Dyke / Shutterstock.com At the same time, though, the report was far from perfect. In fact,
Typically, when a publicly traded company loses nearly 16% of market value over the trailing month, there’s a reason for it — and usually not a good one. That’s the situation with SoFi Technologies (NASDAQ:SOFI). Though backed by several relevant innovations like fintech and cryptocurrencies, investors currently have a dim view of SOFI stock. Source:
Two Good Defensive Plays. Southern Company: https://www.zacks.com/stock/quote/SO?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
If you’ve heard it once, you’ve heard it a million times: Life insurance is a must-have, especially when you have a family that depends on your income. If you die unexpectedly, a life insurance plan will ensure your family’s financial needs are covered, from the monthly mortgage to grocery bills to your child’s college education. While income
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
In this article PTON NFLX SPOT SAVE ULCC A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Group, Spirit Airlines — Shares of Frontier Group and Spirit Airlines rose in midday trading after the
People who invested in telemedicine specialist Teladoc Health (NYSE:TDOC) in early 2021 were in for two surprises. The first surprise was a swift rally by TDOC stock; the second was a horrendous collapse by the shares. Source: Piotr Swat / Shutterstock.com Oddly enough, today you can purchase the shares of Teladoc at pre-pandemic prices. It’s as
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