SpaceX added subscribers to its Starlink satellite internet service, with Elon Musk’s company saying it now serves about 90,000 users around the world. The company gave an update on Starlink’s growth in a July 29 call with Federal Communications Commission officials, noting that the service now has users in 12 countries. The new user total,
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In this article AAL TTWO CLX UAA HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images
It’s not a good time to own broadcast channels, cable channels and movie theaters. Since those are the main businesses of ViacomCBS (NASDAQ:VIAC), investors should sell VIAC stock. Source: Jer123 / Shutterstock.com I see some parallels between cable TV now and radio in the early 1950s. Just as television was quickly supplanting radio as the
There’s no denying it. It’s been a bumpy road for investors of electric delivery van maker Workhorse Group (NASDAQ:WKHS) in 2021. After a first-quarter pop and drop, WKHS stock just can’t seem to get off the ground lately. Source: Photo from WorkHorse.com Workhorse is in a time of transition, and let’s face it — not everybody
Biotechnology and pharmaceutical companies both produce medicines, but the medicines made by biotechnology companies are derived from living organisms while those made by pharmaceutical companies generally have a chemical basis. The coining of the term biopharma further complicates matters. The term describes companies that are using both biotechnology and chemical sources in their medical research and development
On today’s show Preston talks with Max Keidun about peer to peer lending (P2P) on HodlHodl. They discuss the differences between centralized platforms and the risks and rewards associated with using P2P services. IN THIS EPISODE, YOU’LL LEARN: – What are the primary differences between peer to peer lending/borrowing and centralized lending – How is
Skillz (NYSE:SKLZ) stock has been taking a beating, but underneath the weakness in share price, the operating fundamentals behind SKLZ are improving. More specifically, we’re huge fans of the company’s technological expansion. Source: Gorodenkoff / Shutterstock.com Skillz currently offers a variety of mostly casino-like games like Solitaire, 21 Blitz and pool, as well as some
Dividend investors often pay attention to stocks with the highest yields, and understandably so; the appeal of a big yield for income-focused investors is difficult to overlook. But over time, investors can often generate larger dividends by selecting quality blue chip stocks with high levels of dividend growth, rather than simply chasing the highest yield
SpaceX rolls out Super Heavy Booster 4 in preparation for the company’s first orbital Starship launch. Elon Musk SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle. A look inside SpaceX’s high bay after
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines after the bell. Lyft — The ride sharing company’s stock gained more than 1% after it reported quarterly results that beat analysts’ estimates. The company said demand continued growing in July even with heightened Covid-19 cases. Lyft reported a loss of
Back in January, I covered Sundial Growers (NASDAQ:SNDL) and wrote a bearish article. Essentially, I called SNDL stock a gamble. Now, seven months later, things have not changed much. Source: Shutterstock Of course, it’s hard for a company to present enough news and positive financial performance to radically change an investment thesis over such a
Ashford Hospitality Trust (NYSE:AHT) is a real estate investment trust (REIT) that owns full-service upscale and upper-upscale hotel properties in the U.S. AHT stock opened on August 3 at $15.35. Source: Shutterstock All of its hotels are located across the U.S. and operate under brands including Marriott, Hilton, Hyatt, Crowne Plaza, Sheraton and others. Ashford
The market has decided that Aon (NYSE:AON), the British insurance conglomerate, goofed in merging with rival Willis Towers Watson (NASDAQ:WLTW) and AON stock paid the price. Source: Shutterstock Fortunately, the U.S. Justice Department got them off the hook. The two companies abandoned their plans in the wake of an antitrust lawsuit. In response Aon stock
Is it worth buying the stock of ViacomCBS (NASDAQ:VIAC) stock in hopes that the company will be acquired by media giant Comcast (NASDAQ:CMCSA)? Source: Jer123 / Shutterstock.com VIAC stock got a bump in late June after media reports surfaced that Comcast was considering making a bid for ViacomCBS in order to strengthen its streaming content.
Robinhood CEO and co-founder Vlad Tenev on Thursday defended retail clients that invest in so-called meme stocks, saying the phenomenon is real and gives embattled companies access to capital they otherwise wouldn’t have. “I think it’s a real thing. There’s customers that love these companies, they want them to thrive,” Tenev told CNBC’s Andrew Ross
In this article TSLA People walk by Ralph Lauren’s Fifth Avenue Polo store in New York City. Getty Images Check out the companies making headlines in midday trading. Square — Jack Dorsey’s payments company saw its shares surge 11.5% after the firm announced plans to buy Australian fintech company Afterpay in a $29 billion, all-stock
Nio (NYSE:NIO) stock has an awful lot riding on its upcoming earnings report. Source: Sundry Photography / Shutterstock.com For any publicly traded company, earnings reports are critical as they present a showcase for stakeholders and prospective buyers. But for Nio, the financial disclosure for the second quarter will truly determine whether people can trust its
I read an article recently that suggested the growth in Baidu (NASDAQ:BIDU) stock from 2005 to 2015 — its first 10 years as a public company — was off-the-charts good. Source: StreetVJ / Shutterstock.com However, in the six years since, BIDU stock has seriously underperformed. As The Motley Fool’s Leo Sun pointed out, a $5,000 investment in
The dividend capture strategy is an income-focused stock trading strategy popular with day traders. In contrast to traditional approaches, which center on buying and holding stable dividend-paying stocks to generate a steady income stream, it is an active trading strategy that requires frequent buying and selling of shares, holding them for only a short period