Cryptocurrency mining stocks like Marathon Digital (NASDAQ:MARA) have had a massive year. In fact, since the beginning of 2021, MARA stock exploded from a low of $10.53 to around $51 today. All as it tracked Bitcoin (CCC:BTC-USD), which ran from a 2021 low of nearly $29,000 to around $57,000 today. Source: Shutterstock But the best
While AMC Entertainment (NYSE:AMC) stock has been trending lower over the last few weeks, it remains a meme stock king. Despite many warning signs that it’s set to experience a dramatic price drop, AMC stock is still up 1,500% in 2021. The huge gains have been mostly caused by the so-called “ape army” that makes
Spatial data company Matterport (NASDAQ:MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI. Matterport received $605 million in total cash in this SPAC deal, including $310 million from Gores Holdings VI and $295 million from other institutional investors. That’s a lot of money for the company, but is
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The national debt level of the United States is a measurement of how much the federal government owes its creditors. Specifically, the national debt is a term referring to the level of federal debt held by the public, as opposed to the debt held by the government itself. Since the U.S. government almost always spends more than
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images The market is facing a conundrum. Federal Reserve Chair Jerome Powell has thrown a monkey wrench into the investor playbook. Investors have been worried they will
In this article F AMD NVDA CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. Cramer told “Fast Money Halftime Report” he believes that Nvidia could be a $10 trillion stock
In this article CRM VRTX LEN Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday: Allbirds — Allbirds shares sunk more than 13% after the shoe maker’s losses grew in the third quarter, even as its revenue rose from last year. The quarterly
The United Nations COP26 summit recently highlighted the fact that “human activities have caused around 1.1°C of global warming to date” and the “impacts are already being felt in every region.” Over the next few decades, countries need to work towards minimizing and potentially reversing the damage to the climate. Green energy stocks are therefore
As you may recall, shares in online textbook and tutoring company Chegg (NYSE:CHGG) cratered in price last month. After reporting underwhelming quarterly results and guidance on Nov. 1, CHGG stock dropped 48.8% the following trading day alone. It tanked from just under $60 per share, to around $32 per share. Source: Casimiro PT / Shutterstock.com In
It feels bad to sell too early if you’re in a winning trade. That was my experience with CrowdStrike (NASDAQ:CRWD) as I unloaded shares at $140. CRWD stock then proceeded to trend much higher, exceeding even my most lofty expectations. Source: VDB Photos / Shutterstock.com There has been a drastic shift in opportunity for the company
SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk is angry with the lack of progress SpaceX has made in developing the Raptor engines that power its Starship rocket. He described a dire situation the day after
In this article BOX CRM The Salesforce Tower, left, and the Salesforce West office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Shares of the software giant dropped more than 6% in after
For quite a while, Naked Brand Group (NASDAQ:NAKD) was known as an intimate apparel and swimwear retailer. This wasn’t an ideal business model during the spread of Covid-19, and as a result, NAKD stock investors have struggled throughout much of 2021. Source: Shutterstock Sure, there was the meme-stock rally in January but Reddit traders seem to
Sometimes there isn’t actually any light at the end of the tunnel. For AT&T (NYSE:T) shareholders, that certainly seems to be the case this year. T stock continues its unrelenting slump, and there’s little cause for optimism even now. Source: Lester Balajadia / Shutterstock.com After falling from $33 per share this spring to less than
Deciphera Pharmaceuticals (NASDAQ:DCPH) is a biotech company that develops drugs mainly for the treatment of cancer. Right now, DCPH stock shares are down nearly 85% year-to-date (YTD), at $7.70 as of the close of Nov. 29. Source: Iryna Imago / Shutterstock.com Of course, with Thanksgiving just over, it’s probably appropriate to note that I’m thankful for
Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) announced a new proposal in an 8-K filing on Nov. 26 that would issue a new kind of warrant to its shareholders. The warrant would be free and would have the short form name SPARs (Special Purpose Acquisition Rights). As a result PSTH stock is now trading above
SIMPLE IRA vs. Traditional IRA: An Overview A traditional IRA can be set up by any person who has earned income and wants a tax-advantaged way to save for retirement. A SIMPLE IRA is designed to be opened by a small business owner on behalf of up to 100 employees, including the owner if that
In this article AMZN GS David Solomon, chief executive officer of Goldman Sachs & Co., listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is getting into the cloud computing business. The bank is opening up access to
In this article NCLH AAL BYND BNTX An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images Check out the companies making headlines in midday trading Tuesday. American Airlines, Norwegian Cruise Line — Travel stocks retreated, as investors continued to weigh the risks