In this article PAYX COIN BABA TSLA KMX A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares fell nearly 4.9% despite the used car retailer’s better-than-expected quarterly report. The company posted earnings of $1.63 per
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Inflation has been surging, including a 6.8% increase in November compared to the prior year. This was the largest year-over-year increase in nearly four decades. The Federal Reserve’s response could boost some dividend stocks. In order to help keep inflation from spiraling out of control, the Fed announced that tapering of asset purchases would likely
As someone who extensively covered cryptocurrencies during the past year, one of the concerns I had was oversaturation. Namely, it’s difficult to establish the applicability of one blockchain over another. I feel the same way about Gores Guggenheim (NASDAQ:GGPI). While the underlying electric vehicle manufacturer Polestar may look good for GGPI stock on paper, the
403(b) vs. Roth IRA: An Overview Both 403(b) plans and Roth IRAs are vehicles designated for use in retirement planning. A Roth IRA is a personal retirement planning vehicle that can be used by anyone. Notably, 403(b) plans are similar to 401(k) plans in that they are offered by employers, but which plan is offered
Like other high-flying growth names, Palantir (NYSE:PLTR) stock suffered a massive dip the last few weeks. Source: Ascannio / Shutterstock.com Most of the decline came after it announced earnings on Nov. 9. The results were pretty solid beating a lot of Wall Street estimates. So why the drop? A lot of it has to do with
As I write this, Cloudflare (NYSE:NET) stock trades at $131. Without beating around the bush, that’s a bargain. Source: IgorGolovniov / Shutterstock.com Well, it appears to be a bargain at least. Cloudflare is a stable company with a growing business, and that growth is expected to continue for the foreseeable future. There are two overarching
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a
AT&T (NYSE:T) stock may not have bottomed out recently at $22.17 on Dec. 15. This is despite the company’s proposed dividend cut next year. The issues with the upcoming spin-off/merger are making things highly uncertain. As a result, T stock has been struggling in the past three months. It is still down $3.41 to $24.19
Based in Delaware, popular cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) makes the world of crypto investing easily accessible. However, just because the platform is popular doesn’t mean that Wall Street is currently enamored with COIN stock. Source: OpturaDesign / Shutterstock.com Indeed, the stock has fallen under major selling pressure lately. When the tide of sentiment turns
RumbleOn (NASDAQ:RMBL), which operates an e-commerce platform to buy and sell pre-owned vehicles, is undergoing exciting changes that could transform the company. At the end of August, RumbleOn completed its acquisition of powersports dealer RideNow in a cash-and-stock transaction valued at more than $575 million. Following the deal’s completion, RMBL stock rallied as much as 40%
Despite its massive drop in price since last winter, there’s still a lot of optimism for Desktop Metal (NYSE:DM). Given the potential growth the additive manufacturing (3D printing) industry could see in the coming years, I understand why many may continue to give the company some slack and hold onto their positions in DM stock. Source:
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
In this article K PFE MRNA BA NKE CTXS Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly
If the past few weeks is a sign of what might be coming to Wall Street, investors should get ready for a volatile 2022. In light of jittery markets and rising inflation, many investors are increasingly looking at passive income opportunities. Therefore, today I’ll discuss the seven best monthly dividend stocks for 2022. At present,
QuantumScape (NYSE:QS) a development stage company focusing on the commercialization of solid-state batteries for the EV industry would like to put away as quickly as possible its stock price performance in 2021. Source: Michael Vi / Shutterstock.com At the close of the U.S. stock market on Dec. 20, 2020, QS stock price of $23.67 had
On today’s show, Preston and Stig talk about the impact of negative interest rate bonds and the commodity sector. Our expert guest is Marin Katusa. IN THIS EPISODE, YOU’LL LEARN: – Why the interest rates globally are headed even lower than today – Why the US dollar will appreciate – What the future relationship between
There is no downside to a tax exemption. The term has a specific meaning in tax law: Federal, state, and local governments create them to provide a benefit to specific people, businesses, or other entities in special situations. Those who are entitled to them save on taxes. A tax exemption, as most taxpayers experience it, is
It’s been a pretty wild and interesting fourth quarter for the stock market. Growth stocks are in the toilet, tech is trying to hold up and the S&P 500 is standing strong. Cryptocurrencies are swooning and the stock charts are all over the place. Some charts show robust strength as the market tries to push
In this article WEED-CA BIIB UAL RCL MRNA CERN Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread of omicron, other vaccine makers are
Over the past year, casino stocks have been devastated by the novel coronavirus pandemic. Just take a look at some of the losses a handful of major players in the sector have seen: Las Vegas Sands (NYSE:LVS) fell from a January 2020 high of $74.29 to now sitting at $35 Wynn Resorts (NASDAQ:WYNN) fell from