Source: Shutterstock GameStop (NYSE:GME) continues to provide the volatility traders love, with double- and even triple-digit percentage swings. Yet, for investors, GME stock remains a risky proposition. On June 9, Reuters reported that the shorts were once again circling GameStop, “spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled
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The last time I wrote about Snap (NYSE:SNAP) was in late May, just after it gave shareholders a lump of coal, warning that revenue and earnings would be lower than initially expected. SNAP stock lost 40% in five trading days on the news. My take on the warning was that its financials weren’t nearly as
High-yield dividend stocks make stock investing sound like a boring but in many cases highly lucrative business. Here is nothing wrong with that. The economic conditions have changed in 2022 and there are some signs the U.S. economy may slow down and even face soon a recession. The secret to successful stock investing is to
Down almost 78% this year, Rivian Automotive (NASDAQ:RIVN) looks like damaged goods. The electric vehicle maker that’s based in Irvine, California went public last November amid much hype and hoopla. It was one of the biggest initial public offerings (IPOs) of the year with the share price rocketing to just under $180 and giving the
After surging higher in late May, shares in video-game retailer GameStop (NYSE:GME) are holding steady at just over $120 per share. GME stock remains seemingly unsinkable right now. With the long side holding with diamond hands, and the short-side possibly getting carried away with their big bets against it, the “meme stock saga” continues. Yet
People can own real estate for their primary residence or to hold as an investment rental property, and their ownership is determined through what’s known as a title. There are different kinds of real estate title as well as less common methods of holding title to a real estate property. It’s important to know about
In this article MGM CZR META MU KSS AAPL Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and
The first half of 2022 is over. And it was a doozy for Wall Street. The S&P 500 dropped more than 20% in just six months. Indeed, tech stocks were decimated. That’s the market’s worst first-half performance in over 50 years! A lot of investors are freaking out. They’re scared, reasonably so. Source: whiteMocca /
Coinbase Global (NASDAQ:COIN) has been the opposite of a buy-and-hold stock in 2022. It has crashed by over 80%, a massive drop that is hard for investors to recover from. It is not impossible, but it is very hard, and it will require a lot of time and a lot of patience — plus a
Investors are picky in the current environment. Spooked by rising inflation and interest rates, value stocks are getting the most attention. Therefore, despite some enticing elements, one cannot give a thumbs up to Hycroft Mining Holding Corporation (NASDAQ:HYMC) stock. The silver and gold miner gained notoriety when AMC Entertainment (NYSE:AMC) purchased a 22% stake in
Traders work on the floor of the New York Stock Exchange. NYSE Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it might otherwise have been. The jobs report and Wednesday’s release of minutes from the Federal
Tech giant Advanced Micro Devices (NASDAQ:AMD) is making strong strides in the industry despite the tech sell-off and recession concerns. A fundamentally strong company, AMD has suffered more than it deserved to. AMD stock is down 49% in the past six months and 28% over the past month. However, I think the market is overreacting
Rivian Automotive (NASDAQ:RIVN), an electric vehicle company that’s garnered a lot of attention, has been a long-time bearish call for me. In my previous articles on RIVN stock, I wrote that Elon Musk was right about his comments on high-volume production and named RIVN stock an epic bubble. And I think the pain will continue.
Amazon (NASDAQ:AMZN) Chief Executive Officer (CEO) Andy Jassy sent an email to company employees on Jun. 21 acknowledging that two of its senior executives, who happen to be black, were leaving the company. If you’re considering buying AMZN stock, you might want to consider what these departures mean for Amazon’s future. While it’s easy to
Hong Kong vs. Mainland China: An Overview “The Hong Kong Special Administrative Region is an inalienable part of the People’s Republic of China.” –Article 1, Basic Law “The National People’s Congress authorizes the Hong Kong Special Administrative Region to exercise a high degree of autonomy and enjoy executive, legislative and independent judicial power, including that of
In this article WDC AMD The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Matthew Staver | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will
Advanced Micro Devices (NASDAQ:AMD) has been put through the wringer. Despite a recent bounce, AMD stock is still down 49% so far this year. While the stock was hitting new highs late last year, it’s been almost all downhill since. At this point, it’s not necessary to point out that other tech stocks (and the
Planning for retirement can feel overwhelming in bear markets, but these seven retirement stocks can provide a boost to savings. Caterpillar (CAT): The heavy equipment manufacturer is enjoying strong demand for products. Constellation Brands (STZ): Introduced a new line of pre-mixed cocktails for consumers entertaining at home. Caterpillar (CAT): The heavy-equipment manufacturer is enjoying strong
This year has been one to remember for oil stocks. But what goes up must come down. So, if you own red-hot oil stocks, you’ll want to sell them and look elsewhere to thrive during a recession. Hey, you’ve had a good run with crude. While the first six months of 2022 saw the stock
It’s the very end of the current earnings season, with only a couple of companies left to report financial results. With more than 99% of the companies listed in the S&P 500 index having reported their finances, the results for the January through March period have held up fairly well. However, pessimism is growing for