The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for speculators, who thrive on trading volume.
Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief operating officer and leads the global banking and markets division, as well as Anne Finucane,
Advanced Micro Devices (NASDAQ:AMD) stock is up 18% so far in 2021. If anything, AMD stock is now cheaper than it was before. Source: JHVEPhoto / Shutterstock.com That’s because AMD continues to grow rapidly on both the top and bottom lines. Advanced Micro Devices saw $710 million of net income in its second quarter, or
Investors have so many different choices in the market today that it can be difficult to know which is the best route for one’s capital. However, we believe that the best path to compounding wealth — and securing financial freedom — is through prudent, long-term allocation to dividend stocks. Even still, the types of dividend
Support and Resistance are the building blocks needed in order to read chart patterns properly and to trade effectively. Support: -A psychological level where people believe the demand is strong enough to hold the stock price up -This is similar to a price floor, but it isn’t government-controlled -A healthy support line hits multiple points
We highlight the best performing ARK ETFs.
In this article CRM ANF SJM DG DLTR COTY Check out the companies making headlines before the bell: Coty (COTY) – The cosmetics maker’s shares added 2.7% in the premarket after it said it expects a return to annual sales growth this year. Coty’s adjusted loss for its latest quarter was 9 cents per share,
Tilray (NASDAQ:TLRY) stock has become one of the biggest cannabis names following the Aphria-Tilray business combination. Source: Jarretera / Shutterstock.com The newly combined company now has a much greater chance at carving out a piece of the U.S. market following the deal. But the company is also currently making headlines in regard to other deal
One of the best things about being a hypergrowth investor is that I get to constantly study the world of tomorrow. In so doing, I’m always uncovering exciting new investment trends oozing with potential. And just last week, I uncovered a booming tech industry that I’m willing to bet you’ve never heard of before. Yet,
A rendering of the Series2 cargo lunar lander on the moon’s surface. ispace Japanese lunar exploration start-up ispace unveiled the next-generation of its cargo lander, under development by its U.S. subsidiary in Colorado. “We saw the growing demand for payloads to the lunar surface. NASA’s Artemis program was a big part of this, but we’re
Astra Space (NASDAQ:ASTR) launches satellites, and investors should consider buying ASTR stock right now. That isn’t only because billionaires like Richard Branson, Jeff Bezos, and Elon Musk are garnering a lot of attention for their forays to space. Source: Alones / Shutterstock.com Rather, it’s because Astra Space, which isn’t trying to bring humans into orbit
This is no longer our grandparents’ or even parents’ stock market. High valuations have become the norm in an investing world dominated by retail traders. But when market volatility is high and economic uncertainty is on the rise, your best bet is to invest in mega-cap stocks. Why? Well, although there are no guarantees in
The industrial sector includes companies that produce machinery, equipment, and supplies that are used in construction and manufacturing, as well as those that provide related services. These companies are closely tied to the economy, and their business volume often falls sharply during recessions, though each industrial subsector often performs differently. Well-known companies include Lockheed Martin
Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Salesforce — Salesforce shares rose 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Revenue increased 23% year over year in the
GameStop (NYSE:GME) remains one of the year’s most remarkable stock market stories. GME stock enjoyed not one but two historic short squeezes, leading to windfall profits for longs and incredible pain for skeptics such as Melvin Capital. Source: rblfmr / Shutterstock.com However, the fun may be winding down for GameStop. Shares have been sliding for
The Original BARK Company (NYSE:BARK) would be the ideal stock for me as a dog lover if two conditions were met unconditionally. First and foremost, if I were living in the U.S. And second, if I was an investor acting on emotions, getting carried away by the company and its fancy products instead of doing
The 16th Electron launch in November 2020, when the company recovered the rocket after splashdown for the first time. Rocket Lab Rocket Lab begin trading on the Nasdaq on Wednesday, becoming the latest space company to close a SPAC merger and go public — and adding substantially to its cash pile in the process. “We’re
It’s been trading sideways over the past few months, but Lucid Motors (NASDAQ:LCID) stock remains one of the hottest EV stocks among investors. Expectations run high that the company, which plans to roll out its flagship Air luxury EV later this year, will give the incumbent in this space, Tesla (NASDAQ:TSLA) a run for its
In the last 12-months, there have been dozens of stocks that have provided multi-fold returns. At the same time, there have been underperformers in the bull market. AT&T (NYSE:T) stock is among the top names in the list of stocks that have remained depressed. Source: Shutterstock Even setting aside its company-specific developments, there are several
In this episode of let’s talk stocks, we are going to go back into the basics of technical analysis, and we’ll talk about the ascending triangle pattern, which is a continuation pattern. We’re going to take a look at what the pattern looks like, its previous trend, volume, projection, entry points and finally, I’ll give