The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images When junior bankers at Goldman Sachs complained about what they called “inhumane” working conditions in an
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A cryptic hand gesture by Lucid Motors (NASDAQ:LCID) CEO Peter Rawlinson (made twice!) has Twitter (NYSE:TWTR) on fire as investors begin to speculate what it could mean. Source: Lucid Motors Rawlinson was photographed at two recent Lucid press events playfully throwing up four fingers. Not quite a TikTok-friendly “Sheesh,” but many are interpreting his hand
One of the biggest meme trades — or at least trades that have “meme-ish” qualities — Castor Maritime (NASDAQ:CTRM) lit up the charts earlier this year. Starting off at $1.86 on the first close of January, CTRM stock finished the Feb. 11 session at $17.30, a nearly 10X move in the space of a month-and-a-half.
Air travel in the U.S. is showing some new signs of weakness thanks to the Covid-19 Delta variant. What does that mean for companies like American Airlines (NASDAQ:AAL)? Source: GagliardiPhotography / Shutterstock.com Well, it depends on what kind of investor you are. If you’re looking for a quick turnaround profit, airline stocks probably aren’t your
Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’ eyes are focused on how the second half of 2021 will look. Be it a contagious new Covid-19 variant causing lockdowns,
Private company space wars seemed like science fiction just 10 or 20 years ago, but are now coming to fruition as multiple competitors gear up for the new race for space dominance. Jeff Bezos’s Blue Origin and Elon Musk’s SpaceX are among the leaders in the field. But one of the early innovators in this
Faster isn’t always better. But in the world of making money, faster is often better. Because, let’s face it, we all have a certain amount of time on the clock. No one is going to live forever. And so, the faster we earn big money, the more we can enjoy the liberties and luxuries that
Twitch may just be Amazon’s best-kept secret. Acquired in a 2014 bidding war with Google for $1 billion in cash, the gaming platform, and the social network continues to break its own high scores. Four years after that acquisition and just seven after its initial launch, Twitch boasts a valuation of about US$3.79 billion. Twitch viewers live-streamed
In today’s episode, we have a very special guest and that is billionaire Jeremy Grantham, the co-founder and long-term investment strategist at GMO, one of the world’s most well-respected asset management firms. Jeremy is an investing legend and studied market historian, who successfully identified and sidestepped the major corrections such as the Japanese market in
What is the Mortgage Interest Deduction and how can you use it to help save money on your federal income taxes? In this episode of Personal Finance 101, Madeleine Johnson walks you through the basics. She also helps explain how this popular deduction was changed by the Tax Cuts and Jobs Act of 2017.
As forward thinking as Warren Buffett is, Berkshire Hathaway (NYSE:BRK.B) — the multinational conglomerate holding company Buffett spearheads — has never invested in Tesla (NASDAQ:TSLA). That has led some folks to question whether he likes Tesla or even electric vehicles. But look beyond the noise, and you’ll find that the Oracle is quite bullish on
In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer. “It doesn’t resonate with me to call Robinhood a meme stock,” Robinhood CFO Jason Warnick told CNBC’s Kate Rooney on “Squawk
Value investors are at a loss to explain the performance of Alibaba (NYSE:BABA) stock. Holding BABA stock in the hopes that the shares can return to their 52-week high may prove to be unprofitable. Source: BigTunaOnline / Shutterstock.com That’s because China’s government is introducing stricter regulations in many sectors. So despite paying a $2.75 billion
Social commerce platform operator Poshmark (NASDAQ:POSH) is a popular destination for shoppers to buy and sell second-hand products, or even hold virtual shopping parties. It’s an interesting business model, and while some folks don’t have POSH stock on their radar, perhaps they ought to. Source: NYC Russ / Shutterstock.com After all, as reported earlier this year
A global shortage of semiconductors has turned the industry upside down. The demand for chips was high even before the pandemic started, due to the rollout of 5G. However, the coronavirus pandemic drove that demand much higher as millions bought laptops, cell phones, and gaming devices as they sheltered in their homes. While many analysts
United Launch Alliance (ULA) CEO Tory Bruno at the rollout of the Atlas V 541 rocket that would launch NASA’s Mars Perseverance rover and Ingenuity helicopter on July 28, 2020. Ben Smegelsky | NASA Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against
In this article HOOD BJ WOOF TPR KSS M Check out the companies making headlines before the bell: Macy’s (M) – The retailer reported adjusted quarterly earnings of $1.29 per share, well above the 19 cents consensus estimate, with revenue also above forecasts. Macy’s reported a better-than-expected increase in comparable-store sales, raised its annual sales
Although I’m a car enthusiast, I’m not in love with Nio (NYSE:NIO) stock. In fact, I’ve repeatedly suggested that investors avoid it in the past. Source: xiaorui / Shutterstock.com In 2020 I wrote the article “Nio Stock Has Skyrocketed in 2020, But High Risks Remain” using the Nasdaq Dozen method to analyze the company, I focused
It’s supposed to be “off season” in Washington D.C. right now. But, as opposed to taking advantage of their recess, legislators are moving forward with passing some hefty bills and budget plans. I’m talking, of course, about the $1 trillion infrastructure bill and $3.5 trillion 2022 budget plan. Both plans have passed the Senate, and
The rising cost of a college degree has more students than ever borrowing to cover their expenses. While some students opt for loans from private lenders, as of March 2021, an estimated 42.9 million borrowers have Federal Direct Loans. Subsidized vs. Unsubsidized Federal Direct Loans may be subsidized or unsubsidized. Both types offer numerous benefits,