On Oct. 13, GitLab (NASDAQ:GTLB) had a successful IPO, with the stock priced at $77 per share. Now almost a month later, GTLB stock is now at $121.27. So, virtually everyone who bought in around the time of the IPO has made money. Source: Lori Butcher / Shutterstock.com The problem is there is no more
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Since Meta (FB), formerly Facebook, launched its social network in 2004, its features have expanded significantly. The vision of its founder, Mark Zuckerberg, began as a way to take the social dynamics of a college campus and put them online. Key Takeaways Sending money through Facebook is simple: users simply need to enter a debit
If we broadly classify stocks, we end up with two major categories. The first is growth stocks. Typically, these are stocks to buy from companies with robust revenue and earnings growth. Most of these companies have high capital expenditures. As a result, growth stocks are generally not known for robust free cash flows (FCF). On
BlackBerry’s (NYSE:BB) lackluster operating performance indicates that it is unlikely to create long-term value. Though one of its core products, QNX, continues to gain traction, it’s hardly enough to generate meaningful returns for the company. Moreover, with its management’s spotty track record, it seems improbable that they would wisely allocate the proceeds from the sale
The SpaceX Crew-3 astronauts stand on the transporter in front of the Crew Dragon and Falcon 9 stack inside the SpaceX horizontal processing facility at Kennedy Space Center in Florida on Oct. 26, 2021. SpaceX Elon Musk’s space company is set to launch the Crew-3 mission for NASA on Wednesday evening, in the fifth SpaceX crewed
In this article RIVN BYND SOFI AFRM MQ TSLA Check out the companies making headlines before the bell: Tesla (TSLA) — Shares of Tesla got a roughly 2% boost after CEO Elon Musk sold about $5 billion worth of shares this week, according to financial filings submitted Wednesday. He still holds more than 166 million
In the last two months, Lucid (NASDAQ:LCID) stock has witnessed a strong rally. This came after an extended period of correction and consolidation. Source: Around the World Photos / Shutterstock.com When I wrote about LCID stock in September 2021, I opined that the stock is likely to continue trending higher. However, investors need to be
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
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
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
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
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
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.
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
The world of meme stocks isn’t as bad as some have been led to believe. Yes, a portion of the stock-related memes and conversations on social media sites like Reddit will always contain suspect advice. But investors who dismiss these picks at large are at risk of throwing out the baby with the bath water. I’m
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
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
Traders on the floor of the NYSE Source: NYSE Traders in the futures markets moved up their expectations for the first Federal Reserve interest rate hike to July from September, following a hotter than expected inflation report. “It’s a very sharp move we’re seeing the back end of 2022,” said Peter Boockvar, chief investment officer
Among the most disappointing initial public offerings (IPOs) of 2021, without a doubt, has been Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Not long after DIDI stock debuted on the New York Stock Exchange, the share price declined and it hasn’t recovered yet. Source: Piotr Swat / Shutterstock.com It’s not difficult to figure out what caused this