The markets are entering the last quarter of another eventful year for equities as an asset class. Without doubt, the year will be remembered for Reddit and Meme stocks. It’s also a year when Robinhood (NASDAQ:HOOD) trading platform gained significant traction as millennials took a plunge into stock trading. In general, meme stocks were among
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For years, many analysts considered Alibaba (NYSE:BABA) stock to be a no-brainer investment on the mercurial growth of the Chinese economy, particularly its burgeoning technology sector. Source: BigTunaOnline / Shutterstock.com For the most part, they’ve been right, with BABA stock soaring following some rough outings post its initial public offering. Today, the circumstances have completely
It’s all about the miles, sort of, with Lucid (NASDAQ:LCID) stock popping 10% since yesterday on positive reports about its range. Source: ggTravelDiary / Shutterstock.com According to the U.S. Environmental Protection Agency, the Lucid Air Dream edition can go 520 miles on one charge. That is 20% longer than Tesla (NASDAQ:TSLA), so that’s quite an
It’s no secret the investing world is obsessed with all-electric vehicles (EVs). Several EV stocks, Tesla (NASDAQ:TSLA) being chief among them, have given investors triple-digit gains this year. But in recent weeks, the stocks have seen a correction. Against this backdrop, QuantumScape (NYSE:QS) stock, down 12.5% last month, becomes an interesting play. Source: Michael Vi/Shutterstock.com
An Amazon worker delivers packages amid the coronavirus disease (COVID-19) outbreak in Denver, Colorado, April 22, 2020. Kevin Mohatt | Reuters Though the markets are off from their highs, analysts believe that several companies still have room to grow. Innovations in point-of-sale technology, acquisitions of buy now, pay later firms, and trend shifts to cloud-computing
Reddit traders recently tried to send Clover Health (NASDAQ:CLOV) stock “to the moon” once again. Source: Shutterstock The stock managed to crack $10 per share, but ultimately this rocket l did not launch. Instead of sending it back to the $25+ it traded for in June (during its short-squeeze rally), shares in the Medicare Advantage
Will you invest with fear, or with guts and glory? That’s the billion-dollar question facing each and every Alibaba (NYSE:BABA) shareholder now as BABA stock continues to drift downward with no mercy. Source: Nopparat Khokthong / Shutterstock.com I can fully understand why some investors might want to avoid Alibaba and Chinese businesses altogether. It’s not about
President Joe Biden campaigned on an economic platform to shore up the middle class, extend health care, raise taxes on the wealthy, and invest trillions of dollars in green energy infrastructure, among other issues. On March 11, 2021, Biden won his first major economic victory when he signed the American Rescue Plan Act of 2021
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Morgan Stanley warns investors 15% correction coming as market overvalued like dot-com days.
Cassava Sciences (NASDAQ:SAVA), the Alzheimer’s disease (AD) drug company, certainly has had a rough time. In fact, one author recently called SAVA stock a “volatile, battleground stock.” This is because the company has endured a number of short attacks recently. Most of these came out after their recent September release of 9-month Phase 2 results.
The first look at the crew in orbit, from left: Jared Isaacman, Hayley Arceneaux, Chris Sembroski, Sian Proctor. Inspiration4 Inspiration4, which launched with Elon Musk’s SpaceX on Wednesday evening, shared the first photos from day one in orbit and gave an up-close look at the expansive views of Earth from the spacecraft’s “cupola” window. The
The continued automobile scarcity in the U.S. continued in August, according to J.D. Power. Investors may react to the auto shortage by buying car companies dependent on internal combustion engines. Watching the electric vehicle market unfold is a better growth opportunity. Lucid Group (NASDAQ:LCID) is an especially compelling trade, with LCID stock stuck in a narrow
If you are a contrarian investor, you may believe that Roku, Inc. (NASDAQ: ROKU) has underperformed the broader market in 2021 and is now an investment opportunity. In 2021, ROKU stock is down nearly 6% compared to gains of about 18% for the S&P 500. Source: Michael Vi / Shutterstock.com Being a contrarian investor has
Nio (NYSE:NIO) stock is in a slump. It’s not anywhere near the extent of punishment it suffered in 2019 when NIO stock plummeted 85% in 8 months. However, NIO is down 29% from the end of June when it was trading just over the $53 mark. And it’s down about 30% since the start of the
The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Friday, Sept. 17, 2021. Stefani Reynolds | Bloomberg | Getty Images The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma and a policymaking committee that finds itself with fairly pronounced
In this article UNM ACCD 788-FF TTWO IVZ MANU Check out the companies making headlines before the bell: Manchester United (MANU) – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or
Tattooed Chef (NASDAQ:TTCF) stock added almost 50% between the middle of August and September, but it is starting to fade. Source: Olena Yakobchuk/ShutterStock.com The company has a compelling bull case at this point, but TTCF stock trades at a valuation that is a tad too high. Tattooed Chef is a fast-growing plant-based food company that
I’m all about finding the next big thing in the electric vehicle (EV) space to unseat Tesla (TSLA). Forget what’s big today. Capitalism is defined by creative destruction. Nothing lasts forever in an economy where we are all incentivized to always go bigger, do better, and be stronger. Just look at a list of the
Trading in the financial markets is stimulating, exciting, and engrossing. But you can become addicted, just like with actual casino gambling or using illicit drugs. Like any severe addiction, trading addiction can cost you socially and economically. In this article, we will talk about what causes trading addiction, the symptoms, and how to break out of the downward spiral.