Unless something changes over the remaining seven months of the year, I’m prepared right now to name GameStop (NYSE:GME) the business story of 2021, with GME stock up more than 1,100% year-to-date, remaining stubbornly above $200. Source: Shutterstock / mundissima I don’t know about you, but I continue to be amazed by GameStop’s resilience. Here’s
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George Soros has made a number of impressive investments and trades over the years. He is one of the most famous investors in the financial community and is known for making massive currency bets on a global economic scale. It is believed he made up to $1 billion in a single day on a trade
Two Companies with Strong Balance Sheets.
In this article BA LMT GM An artist’s concept shows an outline of the lunar vehicle design. Lockheed Martin | General Motors Lockheed Martin and General Motors are partnering to develop a new type of lunar vehicle for NASA to use during its upcoming Artemis missions to the moon, the companies announced on Wednesday. “Surface
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares
We may be on the verge of heavy deal-making among media stocks. AT&T’s proposed spin-off of its WarnerMedia unit, via a reverse merger with Discovery Networks (NASDAQ:DISCA, NASDAQ:DISCB), could be largely about the telecom giant unwinding a failed diversification effort. But, it could signal something else that’s brewing among the more “old school” media companies:
As the title suggests, you may be able to have your cake and eat it too. That’s because dividend-bearing cheap stocks offer cash flow in the form of a dividend and a chance at real returns through quick price appreciation. Larger cap, more traditional dividend stocks are coming back into fashion as the pandemic draws
The chart of Canoo (NASDAQ:GOEV) stock looks like a bubble that has popped. GOEV stock lost its momentum as investors dumped the shares of speculative automakers. With no revenue in its last reported quarter and its expenses poised to climb, why should investors even consider buying Canoo’s shares? GOEV Stock Weakened Ahead of the Company’s
Tracking Reddit has become one of the most prominent investing strategies in the world. The 10 million members of Reddit’s r/WallStreetBets community have challenged conventional investing wisdom and made some nice moolah along the way. That is why even the staunchest critics now pay attention to Reddit stocks. It doesn’t matter that these traders are
An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Shares of Stable Road Acquisition Corp. fell in trading on Monday after the firm disclosed in a securities filing that its merger target, in-space transportation company Momentus, no longer plans to conduct any missions for customers this year. “Momentus informed
In this article ZS A URBN JWN A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines after the bell: Nordstrom — The retail stock dropped roughly 7% in
Due to the onset of the novel coronavirus pandemic, Walt Disney (NYSE:DIS) hasn’t been able to rely on theme park visitors to keep the company afloat. Indeed, DIS stock holders have been forced to turn their attention to the company’s streaming service, Disney+. Source: Ivan Marc / Shutterstock.com Don’t get the wrong idea – people are
Videogame retailer GameStop (NYSE:GME) has been one of the most heavily-covered stocks this year. Fueled by Reddit’s short squeeze, GME stock turned into a “meme stock”. However, the short interest has now largely evaporated, and it’s time for it to prove its mettle. Its push towards an eCommerce model requires a multi-faceted approach, which appears
It’s the internet browser that changed everything but will be quietly put out to pasture. On June 15, 2022, Microsoft (NASDAQ:MSFT) will finally retire Internet Explorer. As I see it, this is a net win for people who own MSFT stock. Source: NYCStock / Shutterstock.com In fact, a celebration might be in order. As the browser
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.
People have associated banks with trustworthiness, longevity and stability in the financial world – at least, until recently. With the shake-down of the financial markets and the collapse of many financial institutions, many of us are starting to question if banks are the best way to store, transfer and save our money. Key Takeaways Credit
NASA astronaut Peggy Whitson working onboard the International Space Station in August 2017. Jack Fischer / NASA Axiom Space on Tuesday announced that retired NASA astronaut Peggy Whitson and auto racer John Shoffner will lead the company’s second private spaceflight to the International Space Station, tentatively scheduled for the second half of 2022. The pair
Stock market krisanapong detraphiphat | Moment | Getty Images Do you believe you are, or can be, a successful day trader, buying and selling stocks on a regular basis? Do you believe that you, or anyone you know, can successfully time the market, going in and out of the market, and consistently make profits?
In this article .FTFCNBCA GS A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. Adnrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lordstown Motors — The electric vehicle stock sank roughly 12% after the company
Investors in the live-sports streaming platform FuboTV (NYSE:FUBO) stock have had a volatile 2021. Year-to-date, FUBO is down about 25% to near $20. The all-time high of $62.29 hit in late February seems far away in the rear window. Source: monticello / Shutterstock.com Founded in 2015, FuboTV offers subscribers access to live sporting events annually as