Despite the pandemic, the stock market has had a decent year so far. Right now, the Dow Jones Industrial Average is up 14% year-to-date (YTD) while the S&P 500 is up over 23% YTD. But with the threat of inflation currently stoking fears in the fourth quarter, now is the time to start considering inflation
When you chase after a stock that has gone too far without justification, you’re likely to get punished. That’s a lesson learned by many of Jumia Technologies’ (NYSE:JMIA) shareholders, as JMIA stock has been taking a beating lately. Source: farzand01 / Shutterstock.com As the old saying goes, the trend is your friend. There’s nothing friendly about
Netflix (NASDAQ:NFLX) shareholders have been a pretty happy bunch over the past 2 years. The pandemic triggered a surge in new subscribers. Its latest quarter was a blockbuster (no pun intended) that beat analysts expectations on virtually every metric. And now Squid Game has become the streamer’s biggest ever series at launch. NFLX stock has posted
CNBC’s Jim Cramer said he doesn’t feel comfortable buying into Monday’s early stock market bounce, following Friday’s omicron-driven plunge, because the selling could resume in the event of future negative news about the highly mutated Covid variant. The Dow Jones Industrial Average — which had been up nearly 400 points, or more than 1%, shortly
In this article MRNA RCL CCL AAL DAL UAL Check out the companies making headlines in premarket trading. Moderna — Shares of the vaccine maker continued their rally, jumping more than 11% in early morning trading Monday after gaining 20% on Friday. On Sunday the company’s chief medical officer said Moderna could roll out a reformulated
Everyone’s always on the lookout for the next Amazon (NASDAQ:AMZN). Lately, people have been drawing parallels between Amazon and South Korea’s Coupang (NYSE:CPNG), both in terms of the companies’ e-commerce businesses and in the potential of CPNG stock. Source: Michael Vi / Shutterstock.com AMZN stock has skyrocketed more than 1,700% in the past 10 years
GameStop (NYSE:GME) shot “to the moon” during the meme stock trading frenzy of early 2021. However, the gravity of the company’s weak business growth outlook and persistently poor earnings could continue to pull GME stock back to Earth. Source: Emil O / Shutterstock.com Interestingly, though, a new vision could also rescue GME stock from this imminent
We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. Planning for retirement includes obtaining appropriate and affordable healthcare coverage. In that respect, for Americans 65 and older, any conversation about
Charging Bull Statue is seen at the Financial District as snowfall in New York City, United States on December 16, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Investors are about to be besieged with financial soothsayers predicting returns for 2022. My guess is after the more than 16% in annualized gains from
In this article TSLA MRK TWTR Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines in midday trading Monday: Moderna — Moderna shares surged more than
In the early days of Rivian’s (NASDAQ:RIVN) life as a publicly traded stock, there are a few factors that weigh heavily on its perception. Source: James Yarbrough / Shutterstock.com One is market capitalization relative to other automobile firms. The other is the establishment of more traditional reference points for price. Most are aware that Rivian
In both euphoric and bear markets, there are stocks that trade at valuations which defy logic. To a large extent, this seems to be the case with AT&T (NYSE:T) stock. Source: Shutterstock In the last 12-months, T stock has declined by 12.5%. The stock, which has a high dividend yield, currently trades at a forward
Like many other pandemic winners, Zoom Video Communications (NASDAQ:ZM) stock is a pandemic darling that made the most of the moment. Source: Michael Vi / Shutterstock.com The growth story of Zoom is like no other as it became a household name in no time. It may not be correct to say that the pandemic is
Most companies that get love from Reddit don’t deserve it. However, 1847 Goedeker (NYSEAMERICAN:GOED) stock may be an exception. Source: Shutterstock The name refers to a New York private equity firm that took over a St. Louis retailer for $6.2 million in 2019. The play is to scale the business of selling big products like
Shares of chip and semiconductor designer Nvidia (NASDAQ:NVDA) stock look unstoppable following the company’s latest earnings beat. Source: Steve Lagreca / Shutterstock.com NVDA stock has gained 18% since the company announced its third-quarter results on Nov. 17. The latest increase brings Nvidia stock’s total gains for this year to 162%. Over the last month alone,
The euphoria for cryptocurrency reached an intermediary peak in mid-November, lifting Marathon Digital (NASDAQ:MARA) stock to a high of $83.45. Momentum dropped quickly in the days that followed. Source: Shutterstock The company disclosed a Securities and Exchange subpoena on Nov. 15, and Marathon Digital dropped by more than 20%. MARA stock found support at its
There once was a time when, after 25 or 30 years of working diligently for your employer, you could expect to be rewarded for your loyalty and hard work with a gold watch and a steady stream of checks lasting the length of your retirement. But times have changed and those steady checks, which came
Salesforce signage outside office building in New York. Scott Mlyn | CNBC With markets up big year-to-date, bulls and bears seem to have completely diverged in their hypotheses on the upcoming end of the fiscal year. Some see a potential for a dot com bubble-esq surge, and others only expect a pullback. However, it is of
Skillz (NYSE:SKLZ) reported excellent Q3 2021 earnings results on Nov. 3. Yet, investors chose to focus on the negative, sending SKLZ stock lower over the remainder of November. Source: Rawpixel.com/Shutterstock.com As I write this, SKLZ is trading below $10 for the first time since mid-October. Before that, you have to go back to March 2020
Up until two weeks ago, SoFi Technologies (NASDAQ:SOFI) stock was on a tear. Source: rafapress / Shutterstock.com After getting knocked back below $15 per share following its successful SPAC rollout, SOFI stock went on a strong run between late August and early November, delivering of strong quarterly results. The fintech company was also boosted by reduced