Facing potentially huge competition and generating gigantic losses, Affirm (NASDAQ:AFRM) stock has a poor outlook at this point. Source: Piotr Swat / Shutterstock.com Affirm has developed a Buy Now Pay Later (BNPL) offering. BNPL allows consumers to buy items now and pay for them in fixed installments. Sometimes Affirm’s BNPL factors in interest payments, while
As with most penny stocks, caution is warranted with Farmmi (NASDAQ:FAMI) shares. To some, the Chinese firm that focuses on processing and selling agricultural products — mainly mushrooms and other edible fungi — may seem like a bargain. As FAMI stock traded above $2 back in February and now trades at a mere 34 cents,
In this article SDC RBLX TRIP HOOD ZNGA PYPL TripAdvisor app Source: TripAdvisor Check out the companies making headlines in after hours trading: Roblox — Roblox shares surged 30% following the online gaming platform’s quarterly results. The company reported revenue of $637.8 million during the period, ahead of the $636.5 million Wall Street was expecting,
Phunware (NASDAQ:PHUN) is a mobile phone SaaS (Software as a Service) company that just raised a pile of cash. In a recent presentation that the company gave at a Benzinga conference, Phunware said that it now has $66 million in cash on its balance sheet. That’s probably enough to justify its inflated $365 million market
Lucid Group (NASDAQ:LCID) stock has been on a tear. It’s up 59% in the past month and 317% year to date. Source: Around the World Photos / Shutterstock.com Much of that short-term run is because the company actually rolled 20 cars out of its factory and delivered them. I guess that this is where we are
Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17
Two Zacks #1 Ranked, Strong Buy, Specialty Retailers in Focus.
Share prices for electric car company Tesla, Inc. (TSLA) slid by as much as 5% Monday morning after its CEO Elon Musk said he might soon exercise his stock options that are due to expire next year. Musk’s options do not qualify for preferential tax treatment, meaning that he could be on the hook for
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
In this article GPS DE CVS Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Activision Blizzard — The video game company tumbled more than 15% despite reporting better-than-expected quarterly earnings of 72 cents per share, compared to analysts’ estimates
Zillow (NASDAQ:ZM) sent shockwaves through the real estate industry last week when the company announced its abrupt departure from the iBuying industry. Source: Tada Images / Shutterstock.com “iBuying,” or online home shopping, is when real estate companies leverage advanced pricing algorithms to make instant cash offers on homes via a website or mobile app, renovate
After years of boosting CVS Health (NYSE:CVS) stock, I recently gave up and took a profit of 15% won over 7 months. Maybe I should have stayed in. Since I sold my CVS stock, the share price is up almost 12%. Source: Roman Tiraspolsky / Shutterstock.com Its recent gain is even better than that of United Healthcare
Ocugen (NASDAQ:OCGN) stock didn’t move much on a recent announcement that it had applied to the FDA for a new emergency use authorization (EUA) for the Covaxin coronavirus vaccine. Source: shutterstock.com/PhotobyTawat This EUA is for people between the ages of two and 18, but the move is extremely unlikely to prevent OCGN stock from sliding in
Palantir Technologies (NYSE:PLTR) announced its latest group of 10 early-stage companies to join its Foundry for Builders initiative. Launched in July, I continue to be fascinated by the initiative’s potential to move PLTR stock higher. Source: Ascannio / Shutterstock.com Here’s why I feel this way. Over the past month, Palantir stock has gained 14%. As
Jeff Bezos, left, and Elon Musk Getty Images; Reuters The U.S. Federal Court of Claims ruled against Jeff Bezos’ Blue Origin in the company’s lawsuit versus NASA over a lucrative astronaut lunar lander contract awarded to Elon Musk’s SpaceX earlier this year. Federal judge Richard Hertling sided with the defense in his ruling, completing a
In this article QCOM QRVO Medical syringe is seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares tumbled 19% after a weaker-than-expected quarterly report. The drug
The renewable energy industry is booming. While it only supplies less than a quarter of the power generated today, this will change drastically by 2040. Its share is expected to grow in excess of 40% by 2040, as new technologies are developed for wind and solar energy production. Therefore, in line with the fast-changing energy
Palantir Technologies (NYSE:PLTR) hasn’t fully recovered since pulling back with the overall market in late September. But PLTR stock has still managed to slowly move higher in recent weeks. Source: Ascannio / Shutterstock.com To some extent, this uptrend makes sense. After all, the “story” behind this stock remains intact. The company has continued to post strong
Although all eyes have been on the searing path that benchmark equity indices have blazed in 2021, initial public offerings (IPOs) have had their own impressive bull market. In fact, Reuters reported in mid-June that U.S. IPOs hit an annual record in less than six months. So if 2020 was the year of the novel
You know a health savings account (HSA) helps pay for out-of-pocket medical costs, but it may surprise you to learn that this tax-advantaged account could be a superior retirement savings vehicle, too. It has become ingrained in us that we should max out our 401(k) or other workplace-defined contribution plan as the best way to