Stock Market

It’s finally happening. Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq. Source: T. Schneider / Shutterstock.com The

With the worrying volatility of cryptocurrencies since their April and May highs of this year, it’s not just digital asset speculators that are concerned. In addition, companies that benefit from blockchain bullishness, particularly graphics processor manufacturers like Nvidia (NASDAQ:NVDA) may encounter some choppiness down the line. Indeed, NVDA stock has already printed some hefty red-ink

SoFi Technologies (NASDAQ:SOFI) had been turning heads ever since it was announced as a merger target for Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp. V. Source: rafapress / Shutterstock.com The newly public fintech platform plans to evolve into a full-stack ecosystem that effectively caters to the financial needs of the younger generation. The company’s digital

Guardian Fund, a Dutch-based investment fund, had good things to say about Palantir Technologies (NYSE:PLTR) in its first-quarter 2021 report. The fund believes Palantir is “one of the more important global software companies.” Additionally, it noted the company has invested more than $200 million in eight companies that could pay big dividends in the future.

It’s an old joke: Call me a taxi. OK, you’re a taxi. (rimshot) But what’s not a taxi? Uber Technologies (NYSE:UBER). Today’s Uber is a different beast from the ride-hailing firm that first offered stock on the New York Stock Exchange at $42 a share in May 2019. Source: TY Lim / Shutterstock.com More than

Is it a meme stock, or is it the real deal? That’s a legitimate question which prospective investors in Chinese brand developer SGOCO Group (NASDAQ:SGOC) might ask. After all, informed traders should want to look beyond the surface with SGOC stock. Source: Sorbis / Shutterstock.com Granted, it’s exciting to watch the stock make powerful moves. For

On July 12, Jefferies analysts downgraded Rocket Companies (NYSE:RKT) from buy to hold while cutting their price target for RKT stock by 31% to $18. Source: Lori Butcher / Shutterstock.com   As I write this, the mortgage originator’s stock is trading at or near the analysts’ target, suggesting it could be dead money over the

FuboTV (NYSE:FUBO) is likely on track to produce positive free cash flow (FCF) or come very close to it next year, given the streaming company’s huge subscriber growth. This should become clear to investors and analysts alike when the company produces its Q2 2021 results on Aug. 10. I project that FUBO stock will spike

Bill Ackman’s special purpose acquisition company (SPAC) Pershing Square Tontine Holdings (NYSE:PSTH) just dumped its complicated deal to acquire 10% of Universal Music Group (UMG) for the SPAC. As a result, PSTH stock faces more uncertainty and doubt about its ability to close on a large reverse merger. Source: Dmitry Demidovich/ShutterStock.com In an interview with CNBC on

Editor’s Note: This article is part of Joanna’s Top Trades — a weekly feature dedicated toward making you money within a specific space. Joanna’s picks for this week are Autoliv (NYSE:ALV) and Romeo Power (NYSE:RMO) as the top electric vehicle (EV) supplier stocks to trade this week. I’m a green investor — from cars, to

With the disappointing performances of certain popular meme stocks lately, it might be time to reevaluate exposure to other internet community-driven trades. Notably, ContextLogic (NASDAQ:WISH) stock. Source: sdx15 / Shutterstock.com ContextLogic runs one of the world’s largest e-commerce marketplaces under the Wish.com brand and has experienced significant speculative interest. Because WISH stock had the bears

I’ll be the first commentator to admit that video-game retailer GameStop (NYSE:GME) isn’t making money hand over fist. Yet, this admission doesn’t mean that betting against GME stock is a good idea. A few months ago, I even flipped bullish on GameStop. At that time, I dared adventurous traders to consider a long position. Source: Shutterstock

The second “meme stock” wave may be over. But who’s to say it’ll be the last one? Once the sell-off in stocks bid up aggressively in the last month ends, names like Vinco Ventures (NASDAQ:BBIG) stock could be worth the risk. Source: Shutterstock Why? Admittedly, this isn’t a stock to buy based on its fundamentals.

Presumably, most of us as children have had at least one experience where we joyously marveled at the concept of giveaway events, only to have our parents teach us that there’s no such thing as a free lunch: somebody always pays. Clover Health (NASDAQ:CLOV) is an excellent reminder of this truism. While CLOV stock appeals

The last few months have been quite eventful for Chinese ride-sharing service Didi Global (NYSE:DIDI). In June, DIDI stock was listed on the New York Stock Exchange. At the height of its first day of trading, it boasted a market capitalization of over $80 billion. Source: zhu difeng / Shutterstock.com However, DIDI stock plunged after

Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way

It continues to be more of the same for Rocket Companies (NYSE:RKT). In the week ending July 16, mortgage rates fell for the third consecutive week. That downward move is counterintuitive to Rocket’s underlying business model. Many investors felt RKT stock would benefit from a strong housing market. However, shares of Rocket continue to move lower. Source: Lori

Last month, I wrote about Square (NYSE:SQ) stock using a comparison with PayPal (NASDAQ:PYPL) and concluded it was way too cheap. On June 7, SQ stock closed at $216.95 and I wrote it was worth $250.33. Source: monticello / Shutterstock.com Since then, SQ stock jumped to as high as $254.78, but has fallen to current

Once upon a time, electric trucking company Hyliion (NYSE:HYLN) was a Wall Street darling. Investors were wowed by the company’s breakthrough renewable natural gas (RNG) technology as well as its potential to address the shortcomings of electric and hydrogen technology in long-haul trucking. From June to September 2020, HYLN stock soared from $10 to $55.

Imagine for a moment that you are an American investor, but as one you’re not allowed to buy into Amazon (NASDAQ:AMZN) yet Chinese investors are. Well, that’s where Chinese investors have actually been regarding Alibaba (NYSE:BABA) and BABA stock of late. Source: testing / Shutterstock.com What do I mean? This Chinese cloud company first listed on