For quite a while, Naked Brand Group (NASDAQ:NAKD) was known as an intimate apparel and swimwear retailer. This wasn’t an ideal business model during the spread of Covid-19, and as a result, NAKD stock investors have struggled throughout much of 2021. Source: Shutterstock Sure, there was the meme-stock rally in January but Reddit traders seem to
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When you chase after a stock that has gone too far without justification, you’re likely to get punished. That’s a lesson learned by many of Jumia Technologies’ (NYSE:JMIA) shareholders, as JMIA stock has been taking a beating lately. Source: farzand01 / Shutterstock.com As the old saying goes, the trend is your friend. There’s nothing friendly about
SIMPLE IRA vs. Traditional IRA: An Overview A traditional IRA can be set up by any person who has earned income and wants a tax-advantaged way to save for retirement. A SIMPLE IRA is designed to be opened by a small business owner on behalf of up to 100 employees, including the owner if that
In this article AMZN GS David Solomon, chief executive officer of Goldman Sachs & Co., listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is getting into the cloud computing business. The bank is opening up access to
In this article NCLH AAL BYND BNTX An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images Check out the companies making headlines in midday trading Tuesday. American Airlines, Norwegian Cruise Line — Travel stocks retreated, as investors continued to weigh the risks
Sometimes there isn’t actually any light at the end of the tunnel. For AT&T (NYSE:T) shareholders, that certainly seems to be the case this year. T stock continues its unrelenting slump, and there’s little cause for optimism even now. Source: Lester Balajadia / Shutterstock.com After falling from $33 per share this spring to less than
Netflix (NASDAQ:NFLX) shareholders have been a pretty happy bunch over the past 2 years. The pandemic triggered a surge in new subscribers. Its latest quarter was a blockbuster (no pun intended) that beat analysts expectations on virtually every metric. And now Squid Game has become the streamer’s biggest ever series at launch. NFLX stock has posted
Everyone’s always on the lookout for the next Amazon (NASDAQ:AMZN). Lately, people have been drawing parallels between Amazon and South Korea’s Coupang (NYSE:CPNG), both in terms of the companies’ e-commerce businesses and in the potential of CPNG stock. Source: Michael Vi / Shutterstock.com AMZN stock has skyrocketed more than 1,700% in the past 10 years
CNBC’s Jim Cramer said he doesn’t feel comfortable buying into Monday’s early stock market bounce, following Friday’s omicron-driven plunge, because the selling could resume in the event of future negative news about the highly mutated Covid variant. The Dow Jones Industrial Average — which had been up nearly 400 points, or more than 1%, shortly
In this article MRNA RCL CCL AAL DAL UAL Check out the companies making headlines in premarket trading. Moderna — Shares of the vaccine maker continued their rally, jumping more than 11% in early morning trading Monday after gaining 20% on Friday. On Sunday the company’s chief medical officer said Moderna could roll out a reformulated
GameStop (NYSE:GME) shot “to the moon” during the meme stock trading frenzy of early 2021. However, the gravity of the company’s weak business growth outlook and persistently poor earnings could continue to pull GME stock back to Earth. Source: Emil O / Shutterstock.com Interestingly, though, a new vision could also rescue GME stock from this imminent
Two years ago, Chinese electrical vehicle (EV) maker Nio (NYSE:NIO) announced it didn’t have the funds to last another 12 months. Now, NIO stock is a strong-buy rated EV trade with massive upside potential going into December. Plus, the latest news and upcoming events point to an eventful 2022 for the company. Source: Robert Way
Like many other pandemic winners, Zoom Video Communications (NASDAQ:ZM) stock is a pandemic darling that made the most of the moment. Source: Michael Vi / Shutterstock.com The growth story of Zoom is like no other as it became a household name in no time. It may not be correct to say that the pandemic is
We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. Planning for retirement includes obtaining appropriate and affordable healthcare coverage. In that respect, for Americans 65 and older, any conversation about
Charging Bull Statue is seen at the Financial District as snowfall in New York City, United States on December 16, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Investors are about to be besieged with financial soothsayers predicting returns for 2022. My guess is after the more than 16% in annualized gains from
In this article TSLA MRK TWTR Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines in midday trading Monday: Moderna — Moderna shares surged more than
In both euphoric and bear markets, there are stocks that trade at valuations which defy logic. To a large extent, this seems to be the case with AT&T (NYSE:T) stock. Source: Shutterstock In the last 12-months, T stock has declined by 12.5%. The stock, which has a high dividend yield, currently trades at a forward
Investors in China stocks have not had much to report so far in 2021. The Shenzhen Composite index is up about 8.4% and the Shanghai Composite index returned 3.6%. By comparison the S&P 500 index, which hit a record high in early November, is up 24.3% year-to-date (YTD). Regular InvestorsPlace readers would know that the Chinese government
Shares of chip and semiconductor designer Nvidia (NASDAQ:NVDA) stock look unstoppable following the company’s latest earnings beat. Source: Steve Lagreca / Shutterstock.com NVDA stock has gained 18% since the company announced its third-quarter results on Nov. 17. The latest increase brings Nvidia stock’s total gains for this year to 162%. Over the last month alone,
The euphoria for cryptocurrency reached an intermediary peak in mid-November, lifting Marathon Digital (NASDAQ:MARA) stock to a high of $83.45. Momentum dropped quickly in the days that followed. Source: Shutterstock The company disclosed a Securities and Exchange subpoena on Nov. 15, and Marathon Digital dropped by more than 20%. MARA stock found support at its