In this article ADBE ABNB HOOD WOOF ACN The Adobe Systems logo is displayed outside one of the company’s offices. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares of Adobe sank 11.4% after issuing weaker-than-expected guidance. Adobe forecast fiscal year 2022 adjusted earnings
My last story covering SoFi Technologies (NASDAQ:SOFI) was on Nov. 24. I suggested that investors should care little that Social Capital venture capitalist Chamath Palihapitiya was selling some of his SOFI stock. Source: rafapress / Shutterstock.com Since its publication, SOFI has lost almost 30% of its value. While I don’t have a problem taking the
I have been deeply skeptical of ContextLogic (NASDAQ:WISH) stock, as you might have guessed if you read my last article about WISH stock on June 18. Source: sdx15 / Shutterstock.com The title of that article, “Wish Stock Is Cheap, But Not a Bargain,” displayed my belief that WISH stock was not going to rise anytime
We’re past the point of denial about meme stocks. What looked unsustainable nine months ago is proving to have staying power. Retail investors continue to identify their favorite stocks and drive up the price. The bullish case for meme stocks says that retail investors, with more research available to them than ever before, are willing
In this article 7203.T-JP RRD REGN VIR LLY DPZ Check out the companies making headlines before the bell: Toyota (TM) – Toyota gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages. Vir Biotechnology
In recent weeks, more evidence has emerged supporting my initial assessment of Digital World Acquisition Corp. (NASDAQ:DWAC). DWAC stock is a special purpose acquisition company (SPAC) planning to merge with Trump Media & Technology Group Corp. (TMTG). Source: Dmitry Demidovich/ShutterStock.com TMTG is expected to own and operate Truth Social, a new social media website led
Within equities as an asset class, there can be a broad classification of growth and income investors. Growth investors seek to find opportunities in high growth business ideas. In general, a portfolio of growth stocks would have a high-beta. Further, there are dividend investors who look for stable businesses with robust cash flows. Income investors
Disciplined investors who avoid political and country risks would not look at Alibaba (NYSE:BABA). The crackdown on technology companies is hurting the e-commerce giant. The U.S./China trade war, which began during the last U.S. administration and is continuing through President Joe Biden’s administration, is not helping BABA stock. Source: testing / Shutterstock.com China ordered Didi
DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the
A Standout in a Strong Industry and a Stock That Touched a Recent 52 Week High. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
A legal monopoly is when an individual company or corporation has absolute control over a specific good or service in the marketplace. While there are legal monopolies in almost every country, their numbers are declining. In the 21st century, monopolies do not operate by controlling an entire global market but simply hold monopolies (usually in
In this article ROKU CCMP BLMN Simone Baribeau | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday: Medtronic — The medical technology company’s shares declined 6.7% after Medtronic revealed its diabetes business received a warning letter from the Food and Drug Administration on Dec. 9 about the inadequacy of
Tech stocks overall were hit hard late last month. Blame that mostly on market-wide uncertainty. However, one such name, Asana (NYSE:ASAN) has suffered a double whammy. A negative reaction to its latest earnings report has sent ASAN stock tanking a second time. Source: rafapress / Shutterstock.com Results may have come in ahead of expectations. But with
One of the tried and true methods for generating an income stream is through investing in dividend stocks. In this era of low interest rates, dividend payments can be a more rewarding way to supplement your income. In turn, many investors plow those payments back into their portfolios. Whatever your strategy is, one of the
Investors generally look at a company’s business prospects, its sector, and the general macroeconomic outlook in deciding whether or not to own an investment. That’s with good reason. However, it’d be a mistake to overlook company CEOs, as well. Sometimes, even a business that is seemingly in the right place at the right time will
Cryptocurrency exchange Bakkt Holdings (NYSE:BKKT) was a hot IPO in October. In December, it’s as cold as ice. BKKT stock has plummeted nearly 70% in the past month and a half. Source: Shutterstock Bakkt’s majority owner is Intercontinental Exchange (NYSE:ICE), which owns the New York Stock Exchange. The idea was to link the worlds of
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images A female former employee of Elon Musk’s SpaceX alleged in an essay published Tuesday that the space company’s workplace is “rife with sexism” and that its
In this article GME AMC DELL TMX RL Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment — Meme stocks rebounded from a
The merger between Polestar and Gores Guggenheim (NASDAQ:GGPI) is expected to happen in the first half of 2022. Since the Swedish electric vehicle (EV) manufacturer announced its merger with the special purpose acquisition company (SPAC) on Sept. 27, GGPI stock has gained about 14% or so. Source: Jeppe Gustafsson / Shutterstock.com However, at one point
Canoo (NASDAQ:GOEV) has been a volatile EV stock in 2021. It’s rallying in November, but GOEV was declining in March and April. It’s seen gains of about 38% in the past 3 months, but it’s down about 52% over the past 12 months. Source: shutterstock.com/rafapress The volatility isn’t just news-driven, as it should be, but also