Inflation has definitely penetrated the U.S., as the June U.S. producer price index jumped 7.3% year-over-year and 1% month-over-month. The YOY surge was the highest on record. Investors looking for a conservative way to combat the inflation, which will probably stay elevated for at least the next year, should consider safe, high-yield stocks. Certainly, a
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Virgin Galactic’s passenger rocket plane VSS Unity, carrying Richard Branson and crew, begins its ascent to the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S. July 11, 2021 in a still image from video. Virgin Galactic | via Reuters Virgin Galactic delivered second-quarter results after the market closed on Thursday
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
Meme stocks have dominated in 2021, and SOS Limited (NYSE:SOS) has benefited from the trend of irrational exuberance in investments. If you’re considering taking a position in SOS stock, there are a few things you should know first. Source: Mark Agnor / Shutterstock.com From its unfocused business model to its shaky fundamentals, SOS Limited is
When it comes to innovation, one company in the market stands apart from the rest, and that’s Square (NYSE:SQ). Source: Piotr Swat / Shutterstock.com Square is the quintessence of innovation – the model company for leveraging innovative business expansions to drive huge revenue growth, year after year. The company started out in 2009 by selling
What’s next for the Reddit stocks trend? After the second “meme stock wave” in June (the first “wave” being in February), top “meme stocks” saw high double-digit percentage declines in July. Traders who hopped on this second spurt of speculative mania early may be still ahead. But those who got in after it started? Many
Telecom titan AT&T (NYSE:T) is a company that your grandparents might have invested in. I consider T stock to be an all-wealth holding – something that offers security through both good and bad times. Source: Jonathan Weiss/Shutterstock Still, even a huge company like AT&T has to execute as the stakeholders expect results, quarter after quarter. The
In this article VRA VERA A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters JPMorgan Chase‘s new healthcare unit has made its first investment, CNBC has learned exclusively. The bank has agreed to invest $50 million in Vera Whole Health, a Seattle-based start-up that
In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of
So far crypto mining company SOS Limited (NYSE:SOS) has not released either its Q1 or Q2 earnings (in this case losses) or its balance sheet. That makes SOS stock nothing more than a gamble right now. Source: Mark Agnor / Shutterstock.com As I wrote in my last article on SOS stock, I expect that it will
It is time again to write another article about Naked Brand Group (NASDAQ:NAKD), as potential investors have more reasons to skip the company and not buy shares of NAKD stock. Source: Shutterstock I wrote an article back in February 2021 titled “5 Key Reasons to Avoid Naked Brand Stock.” The factors that supported my opinion
Investing in Cyclical Stocks: An Overview Imagine being on a Ferris wheel: one minute you’re on top of the world, the next you’re at the bottom (and eager to head back up again). Investing in cyclical companies is much the same. However, the time it takes to go up and down—also known as a business
Compass Pathways (NASDAQ:CMPS) has been beaten up lately. But the fundamentals are rapidly improving, making now a great time to buy this psychedelic stock. Source: Shutterstock CMPS and other companies championing psychedelic-based therapies are seeing legalization tailwinds grow rapidly. Many cities across the U.S. are in talks to decriminalize psilocybin, among other substances. Cities in
When it comes to dividend stocks, income investors would do well to determine the best sectors to buy from. Certain sectors lend themselves to longevity, stable earnings and strong fundamentals. One such sector is tobacco stocks, which collectively offer investors many of the attributes that make for great dividend stocks. One of those attributes is
Vanguard signage at a Morningstar Investment Conference. M. Spencer Green | AP Vanguard is offering its employees $1,000 to get vaccinated against Covid-19, the company has confirmed. The asset management giant follows Facebook, Google, Microsoft and other employers calling on workers to get the coronavirus vaccine amid growing concerns about the fast spread of the
In this article ROKU UBER WYNN MGM EA ETSY Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Check out the companies making headlines after the bell: Etsy — Etsy shares fell 14% in extended trading despite reporting second-quarter adjusted income and revenues ahead of what analysts had forecast. The company also provided third-quarter financial
Last month, Marin Software (NASDAQ:MRIN) enjoyed a meme stock rally that made similar runs seem tame by comparison. But that doesn’t mean it’s wise to buy MRIN stock now as it crashes back to earth. The circumstances that helped the digital marketing software stock rise 16-fold aren’t likely to repeat themselves. Three factors worked in
By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in
F45 (NYSE:FXLV) just IPO’d, and FXLV stock has been treading water as investors remain uncertain of the future of gyms. We believe this uncertainty is misplaced, however. Source: Shutterstock The future of gyms is certain — gyms as they once existed won’t make a big comeback anytime soon. But people love to workout. They love to
Many AT&T (NYSE:T) investors may wonder whether it’s time to cash out, as the company is anticipated to cut its dividends. But I’m urging investors to rethink their stance, as there’s a very good reason behind the dividend cut, which could benefit investors after considering the capital gains versus dividend income tradeoff. In addition, investors