Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – A European Union court ruled in Amazon’s favor in a $303 million tax case, scrapping an EU mandate that Amazon pay back taxes to Luxembourg. The court rejected the contention that Amazon had received an unfairly favorable tax deal. Wendy’s
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Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 31, 2019. Brendan McDermid | Reuters Red-hot consumer inflation data for April spooked markets and raised concerns that
At any point of time, it’s a good idea to have a portfolio that has aggressive stocks and safe stocks. The weight of safe stocks in your portfolio can be adjusted depending on economic news triggers or broad market valuations. Recently, Treasury Secretary Janet Yellen “conceded that interest rates may have to rise to keep
Tech wrecks are common. Apple (NASDAQ:AAPL) stock is no exception. Source: WeDesing / Shutterstock.com We had one in February. We had one last August. There was another that March. We’re having another one now. All past tech downfalls have created opportunities. From new lows came new highs. Chart-watchers are wary this time because the bounce
With novel coronavirus cases retreating sharply in the U.S., it’s only natural for consumer sentiment to return. And despite the growth of alternative energy and electric vehicles, that means increased demand for oil stocks. Nevertheless, many investors are undoubtedly concerned about putting money into “black gold” right now. Cyberattacks and fuel shortages certainly don’t help
Roku (NASDAQ:ROKU) holds an interesting position in the video streaming war. The company is a long-time player — a streaming pioneer, really. Roku hardware and smart TVs running Roku software are in more American homes than any competing systems. Those Roku devices are typically used to access other streaming video services. However, Roku’s strategy of
Some investors might be wary of the renewable energy market because it’s starting to get crowded. Yet, along comes an innovative company like Stem (NYSE:STEM) that offers something different for folks willing to take a chance on STEM stock. Source: Shutterstock Unfortunately, some people did take a chance on it and now they’re at a loss.
In October 2020, I created a dividend ladder for an article I was writing about dividend stocks. The idea was to select a stock yielding 1%, 2%, 3%, all the way to 7% or beyond. The thing is, you can’t always find good companies at precisely each of those yield points at a particular point
It could be said that movie-theater chain AMC Entertainment (NYSE:AMC) stock is the ultimate beneficiary of the recovery from the Covid-19 pandemic. Or at least, that’s what some AMC stockholders are hoping for. Source: Helen89 / Shutterstock.com Granted, AMC has reopened nearly all of its theaters in North America. Moreover, the company is gradually bringing moviegoers
Gevo (NASDAQ:GEVO), the Colorado-based renewable jet fuel producer, has $530.6 million in cash, but its market cap is now about $1.048 billion. This means cash is now 50% of its market value or $2.66 per share. Wait for GEVO stock to drop closer to the cash per share, despite the value of its much-touted patents.
The pandemic hasn’t been easy for anyone, but it has been the toughest for AMC Entertainment (NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile. Source: Helen89 / Shutterstock.com The stock went from $2 to hit a
If I never have to talk about cannabis firms again, it might be too soon. The one market category that gives me nightmares — and I’m a cryptocurrency investor for goodness sake! — is weed. Following an incredibly auspicious start to the new year, Tilray (NASDAQ:TLRY) is once again looking pedestrian. I’m at a point
Palantir (NYSE:PLTR) stock may be starting to get out of its slump. Since February, the big data play, and Reddit favorite, has slid significantly from its highs. But, thanks to a strong earnings report, and a possible investment of company funds into Bitcoin (CCC:BTC-USD), shares have bounced back, after briefly falling below the $20 per
There’s a very good chance you’ve heard of Fannie Mae. But do you know what it does and how it operates? The Federal National Mortgage Association (FNMA), typically known as Fannie Mae, is a government-sponsored enterprise (GSE) founded in 1938 by Congress during the Great Depression as part of the New Deal. It was established
The standard American math curriculum is anything but inspiring. Based onmemorization and timed tests, it encourages boredom and anxiety. A lucky fewstudents get the inspiration and motivation required to enjoy and excel in mathfrom a parent or teacher. The rest muddle through, often quitting at the firstopportunity. How can we disrupt this depressing state of
Whether speculation has a place in the portfolios of investors is the subject of much debate. Proponents of efficient market hypothesis believe the market is always fairly priced, making speculation an unreliable and unwise road to profits. Speculators believe that the market overreacts to a host of variables. These variables present an opportunity for capital
Since the beginning of the year, BitTorrent (CCC:BTT-USD) has gained about 2,700%. Even by the standards of an absolutely roaring cyrptocurrency ecosystem, the rise in BTT has been extraordinary. Source: Shutterstock The question, however, is why BitTorrent has risen so steadily. Truthfully, it’s a tough question to answer. As far as the coin itself goes,
When Skillz (NYSE:SKLZ) posted quarterly earnings results on May 6, management failed to re-energize shareholders. SKLZ stock ended last week down by 10%. After trying to rally back to $20 before that and failing, the stock is in danger of re-testing lows not seen since last Nov. 2020. Source: korobskyph / Shutterstock.com Is there anything
Venture capitalists have a rule. If you buy into 10 ideas 5 will fail, 4 may break even and 1 will justify the rest. If you got into the special purpose acquisition company (SPAC) mania last year, you think you became a venture investor. You should expect some failures. Right now, Hyliiion Holdings (NASDAQ:HYLN) stock
Ever since “meme stock madness” screeched to a halt, small-cap stocks have been in a slump. That’s been especially the case for speculative biotech plays. Earlier this year, speculators on platforms like Reddit’s r/WallStreetBets sent scores of small biotech stocks “to the moon” on little more than hype. But, now, online chatter isn’t enough anymore.