In this article MRVL BIG DOCU DIDI A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was
Like many names in the fintech space, SoFi Technologies (NASDAQ:SOFI) stock has been falling for the last month. But some investors have still done well. The stock has seen massive price spikes and falls, and the consensus price target of analysts is $25.57. However, I believe SoFi is a solid long-term buy. Source: rafapress /
It’s been nearly 38 years since AT&T (NYSE:T) became a stand-alone stock, replete with its “deathstar” logo, after the telecom giant was split into seven smaller telecom companies as part of one of the biggest antitrust cases in U.S. business. The classic $10,000 invested then would be worth $3.55 million today. Source: Roman Tiraspolsky /
Peloton Interactive (NASDAQ:PTON) may seem like a bargain at today’s prices. At least, this is based on how things look on the surface. After its sharp drop in price, you may think that investors have overreacted when it comes to PTON stock by going from extremely bullish to extremely bearish. Source: JHVEPhoto / Shutterstock.com However,
DraftKings (NASDAQ:DKNG) has been tumbling since it reached a recent peak closing price on Sept. 9. at $63.67 per share. At $31.21 as of Dec. 2, DKNG stock is now down more than 50% since then. Moreover, since peaking at $71.98 on March 19, the stock is now down 57%. Source: Lori Butcher / Shutterstock.com
In this article NOC Concept art of a “Starlab” space station Nanoracks NASA awarded a trio of companies with contracts to develop private space stations, as the agency prepares for the retirement of the International Space Station. Jeff Bezos’ Blue Origin, Northrop Grumman, and Nanoracks were awarded a combined $415.6 million under NASA’s Commercial LEO
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Job growth is expected to have been strong in November, and employers likely continued to boost wages to attract and retain
Pinterest (NYSE:PINS) is a pandemic darling that ruled in 2020. The site became the go-to social media platform for users who were keen to learn about baking and DIY home decor ideas. But the image-based search engine saw its luck change in the post-pandemic world. As the lockdown restrictions started easing and people began heading to
When it comes to stocks you can trade on Robinhood’s (NASDAQ:HOOD) brokerage platform, certain types of stocks may first come to mind. For example, shares in well-known companies, like Apple (NASDAQ:APPL). Or, meme stocks like AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME). But these aren’t the only types of securities you can buy on the platform.
I recommended Moderna (NASDAQ:MRNA) stock in late 2020 as part of a decade-long trend. But MRNA stock has been taken over by events surrounding the company’s COVID-19 vaccine. Source: Shutterstock Through the first three quarters of 2021, Moderna racked up $11.26 billion in sales. Analysts expect another $5.9 billion to come rolling in for Q4.
Following an early initial public offering (IPO) state of bliss, the Chinese ride-hailing and delivery group DiDi Global (NYSE:DIDI) has left its investors with little cheer. On June 30, DIDI stock made a historical public debut, the second-biggest U.S. IPO by a Chinese company after Alibaba (NYSE:BABA). Source: DANIEL CONSTANTE / Shutterstock.com DIDI stock started trading
Capital One announced on Dec. 1 that it will eliminate overdraft fees for all of its consumer banking customers starting in 2022. The benefit is available at many smaller financial institutions, but it’s a first for a major national retail bank. The news came on the same day as a report from the Consumer Financial
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Foreign public companies that are listed in the United States may be delisted if their auditors do
Vice President Kamala Harris speaks at NASA’s Goddard Space Flight Center on Nov. 5, 2021. Taylor Mickal / NASA The first National Space Council of the Biden administration is meeting on Wednesday, with Vice President Kamala Harris set to outline the White House’s approach to space policy. Revived after two decades under the previous presidency,
In this article FDS MS F SPGS UBER KR A shopper holding an umbrella walks towards a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacie Scott | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. Kroger — Shares of Kroger ran up 12.5%
Meta Platforms (NASDAQ:FB), previously known as Facebook, looked like it would continue in an uptrend forever. FB stock broke down below key moving averages in September. The company then posted quarterly results in October and renamed or rebranded itself next. Source: Blue Planet Studio / Shutterstock.com The new name ended the selling pressure. Besides finding
In recent weeks, QuantumScape (NYSE:QS) has made significant progress, improving the company’s outlook. Still, the valuation of QS stock remains very high, and the company continues to face major risks. Source: Michael Vi / Shutterstock.com Among these risks, as Morgan Stanley recently pointed out, are tough competition and the possibility that the production of electric
After an extended period of consolidation, Lucid (NASDAQ:LCID) stock has surged strongly in the last month. During this period, the stock has nearly doubled. Source: ggTravelDiary / Shutterstock.com Unlike the rally prior to the company’s merger with its SPAC , the recent gains have not been based on speculation. However, it would make sense to
A software rendering shows a recreation of Russia’s anti-satellite weapons test and the destruction of satellite Kosmos 1408, with the debris field in red. AGI The Pentagon called for a global halt to anti-satellite weapons testing on Wednesday, further decrying the practice after Russia’s destructive demonstration last month showered low Earth orbit with debris. “We
An overall view of the Snowflake IPO banner on the front of The NYSE as employees of the tech company celebrate the largest tech IPO in exchange history, Sept. 16, 2020. Kostas Lymperopoulos | CSM | AP Check out the companies making headlines in after hours trading: Square — The payments company said Wednesday evening