Charge Point EV stations Source: Charge Point Check out the companies making headlines in after-hours trading: Snowflake — Snowflake shares dropped 25% in extended trading after the company showed the slowest revenue growth during the fourth quarter since at least 2019. The company reported $383.8 million in revenue, compared with the $372.6 million analysts surveyed
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Lumen Technologies (NYSE:LUMN) stock has fallen over 28% in the past nine months. The telecom company’s most recent plunge comes after reporting its underwhelming fourth-quarter results. Source: Shutterstock Moreover, investors fear a potential dividend cut, despite its management’s relentless commitment. Consequently, LUMN stock now trades at a throw-away valuation. LUMN stock hasn’t performed too well at
Based in Singapore, Sea Limited (NYSE:SE) operates e-commerce websites for countries in Southeast Asia and Taiwan. Plus, the company offers online video games in Latin America and Southeast Asia. Therefore, international tech market investors might consider a position in SE stock. Source: Postmodern Studio / Shutterstock.com Just as a Bollywood movie is typically rife with action and
In recent years, it hasn’t been a good time to push David Einhorn stocks. In 2021, Greenlight Capital’s holdings delivered 11.9% to its limited partners, 16.8 percentage points less than the S&P 500. However, since Greenlight’s inception in May 1996, the limited partnership’s achieved an annualized total return of 12.3%, net fees. Over the same
If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?
A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, one of the world’s largest shipping container firms, said on Monday that it may suspend all deliveries to and from Russia in light of sanctions against the Kremlin following its invasion of Ukraine. The
In this article ROST JWN HPE SOFI F CRM Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstrom reported earnings of $1.23 per share versus the Refinitiv consensus estimate of $1.02 expected. Revenue also
There are times in the markets when valuation of a particular stock defies logic. It can be in a phase of euphoria or in a bear market for the stock. A classic example seems like AT&T (NYSE:T). T stock has been in a long-term downtrend and currently trades just above $23.50. Source: Roman Tiraspolsky /
Just a week ago, the world seemed a normal place. Yes, tensions were running high but what else was new? Suddenly, Russia actually made good on its implied threat to invade Ukraine, setting off a far-reaching impact that included non-conflict-related names like Gores Guggenheim (NASDAQ:GGPI). But in this case, GGPI stock appears to be a
Baby boomers who lost part of their nest eggs in the recession face a difficult retirement, but those born between 1981 and 1996, who have come to be known as the millennial generation, or Generation Y, face a most uncertain economic future due to various events. For example, this group has seen their parents and
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock had an amazing 2021. Its fundamental performance was excellent. That strong performance translated into a stock that appreciated by 66.75% throughout 2021. Source: turbaliska / Shutterstock.com That rapid increase has resulted in share prices that flirted with the $3,000 threshold at times during 2021. That raises a question of when too much
Vinco Ventures (NASDAQ:BBIG) is a complicated company. Vinco is planning to merge with ZASH Global, it is acquiring digital advertising service AdRizer and it is spinning off its crypto business, Cryptyde. As a result of all these moves, BBIG stock has been quite volatile. Source: vincoventures.com Over time, however, it’s becoming clear that Vinco faces
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response, in Rayburn Building on Wednesday, December 1, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images If you want to see how tough it is to be Federal Reserve Chair
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours. Nordstrom — Shares of the
SoFi Technologies (NASDAQ:SOFI) stock is making the same moves to disrupt finance it was making a year ago. But the cheers of the investing crowd have turned to jeers. Source: rafapress / Shutterstock.com Stock in the online bank, broker and wholesaler are down 27% since 2022 began. This despite a small bounce from the purchase
Every crisis creates opportunities. And the current one is creating a huge opportunity in energy stocks. But not in the way you think. If you’re listening along with mainstream media, you’re probably thinking that now is a good time to buy oil and natural gas stocks because the economic sanctions on Russian fossil fuels will
Six months before Enron fell more than 98%… When Wall Street and the media were still praising it as a great company to buy… Louis Navellier’s legendary stock grading system flashed an urgent warning to get out. Unfortunately, thousands of everyday people missed out on this warning and were led right into the historic collapse.
In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been
In this article TGT WDAY AZO KSS FL KR Take a look at some of the biggest movers in the premarket: Target (TGT) — Shares of the big-box retailer rallied 11% in premarket trading after Target said it expects growth to continue even after its pandemic-era gains. Target posted adjusted fourth-quarter earnings of $3.19 per
It’s been nine months since I last wrote about Plug Power (NASDAQ:PLUG) stock. Plug Power went on a wild ride in those nine months. Source: Alexander Kirch / Shutterstock.com Now trading where it did last May, it appears that $20 is set up as a support line for the developer of hydrogen fuel cell systems.