A gas pump at an Arco gas station in San Diego, California. Mike Blake | Reuters October’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up the timeline on its ultimate inflation-fighting tool: interest rate hikes. The consumer price index
Paypal (NASDAQ:PYPL) is a screaming buy after its recent earnings fiasco. PYPL stock fell 12% on Nov. 9 immediately after it announced third-quarter results and forward guidance that left Wall Street cringing. Source: JHVEPhoto / Shutterstock.com Paypal stock had its worst one-day performance in nearly two years due to the substandard results. The online payments
ContextLogic (NASDAQ:WISH) is set to announce its third-quarter earnings today under a new CFO. But there probably won’t be a lot to celebrate when the report is released. Ultimately, that means investing in WISH stock isn’t going to be worthwhile. Source: sdx15 / Shutterstock.com That said, ContextLogic will remain a popular choice for risk-tolerant retail
Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust
Learn the secrets of Momentum Style traders, including both price and earnings momentum and how to apply the Zacks Rank to find the best stocks for this style.
Hertz Global Holdings Inc., the car rental company, was delisted last year by the NYSE after rentals plunged at the start of the COVID-19 pandemic, pushing the company into bankruptcy protection. Now, Hertz’s fortunes are changing. The company this week listed its shares on the Nasdaq under the ticker (HTZ) just as the car rental
Selim Korkutata | Anadolu Agency | Getty Images The Securities and Exchange Commission has until Nov. 14 to give a thumbs up or thumbs down to the VanEck Bitcoin ETF, the first exchange-traded fund in a long line of “spot” bitcoin ETFs that have applications in front of the regulator. The SEC has delayed a
A prototype vehicle launches out of the company’s suborbital accelerator during its first test flight on October 22, 2021 at Spaceport America in New Mexico. SpinLaunch SpinLaunch, a start-up that is building an alternative method of launching spacecraft to orbit, last month conducted the successful first test flight of a prototype in New Mexico. The
In this article COIN POSH FUBO DASH PLTR WEN Check out the companies making headlines before the bell: Coinbase (COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion.Monthly transacting users declined from the
There’s a lot of current news to digest related to Nvidia (NASDAQ:NVDA) stock. Among the news, Nvidia will release Q3 earnings on Nov. 17. That will interest investors looking to time a purchase around that release, spiking their curiosity. Source: Steve Lagreca / Shutterstock.com Further, Nvidia had a very strong October and its market capitalization
There are plenty of opportunities as the market heads higher. But despite the positive direction, there are still plenty of stocks to sell. First, let’s take a look at some of the positives. Unemployment numbers are going down and vaccinations are going up. The pandemic is losing its teeth, the global supply chain issues are
As a content delivery network (CDN) and cybersecurity specialist, Cloudflare (NYSE:NET) stock was always going to be a relevant play on paper. Source: Sundry Photography / Shutterstock.com But when the novel coronavirus rudely made its appearance, suddenly, NET stock took on far greater importance. This particular sentiment has only grown stronger, which puts investors into
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
In this article FUBO ACB-CA POSH COIN DASH Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Coinbase — Shares of Coinbase dropped more
Facebook — now known as Meta Platforms (NASDAQ:FB) — is trying to change the narrative to a positive tone with its new name and upcoming MVRS ticker change on Dec. 1. That will help investors get excited about FB stock again. This includes its new focus on the metaverse and its desire to move into
InvestorPlace columnist Larry Ramer recently argued that Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Qualcomm (NASDAQ:QCOM) would become potential buyers of BlackBerry (NYSE:BB) once they become more familiar with the company’s QNX operating system. Ramer believes that’s a good reason to buy BB stock. Source: Shutterstock “[C]ompanies can’t hire enough cybersecurity experts to protect themselves from ruinous hacks,
So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected
A cost-of-living adjustment (COLA) is a purchasing-power protection mechanism provided to all monthly Social Security and Supplemental Security Income benefits. While a cost-of-living raise for Social Security recipients is technically “mandatory,” it does not mean there will be an actual increase every year: 2016 was one year when there wasn’t a raise, for example. By law,
In this article COIN NUE PLTR CNK GE RBLX Check out the companies making headlines before the bell. General Electric (GE) — Shares of GE rallied more than 7% in the premarket after the company announced it will split up into three publicly traded entities focused on aviation, health care and energy. GE said it will
With recent news of Zillow’s (NASDAQ:ZG) costly exit out of the ibuyer business, you may question the merits of considering housing plays as stocks to buy right now. It’s clear the digital-first real estate services company got in over its head with its move into the house flipping game. But it may not be a sign