As its merger with SoFi gets closer to reality, Social Capital Hedosophia Holdings V (NYSE:IPOE) continues to fall. It appears that IPOE stock was the subject of some short-selling activity that is possibly linked to the delay in the merger. The postponement came after the U.S. Securities & Exchange Commission (SEC) updated its guidance about
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This is the craziest market I’ve ever seen. We now have conditions like we’ve never traded through before. Most notably is how big a role the U.S. Federal Reserve is playing in equity markets. They have developed a third unofficial mandate to also prop equity markets. As a result, the indices won’t quit rallying, even
The technology behind credit card transactions is miles away from the sector’s origins. Long gone are the days of the swipe of carbon paper machines. They even invented a new term for the sector, fintech, boasting new companies as cool as the name. Source: JHVEPhoto / Shutterstock.com Paypal (NASDAQ:PYPL) stock is one of those new
The transformation from petrol and diesel vehicles to electric vehicles is an important part of the global push towards cleaner energy. Electric vehicle stocks have outperformed traditional automakers in the last year. It’s very likely that pure-play electric vehicle company stocks will remain outperformers. However, almost all automakers are making a gradual shift towards electric
So far, 2021 has been a year full of high hopes surrounding a global economic recovery. With vaccine rollouts at almost full speed in many countries, the expectations for a return to “normal” are very high. However, with the U.S. indices also at record highs, it has become challenging to find up-and-coming stocks this year.
Skillz (NYSE:SKLZ) stock may be finding support at prices between $15 and $20 per share. But, so far, shares in the e-sports competition platform have struggled to bounce back. You may recall that, back in February, this stock traded for prices as high as $46.30 per share. Source: Shutterstock Former SPACs (special purpose acquisition companies)
Nowadays, it’s very popular for younger investors to get their advice on social media forums or from YouTube financial gurus. To me, it sounds like the blind leading the blind. Every year, a new hotshot claims to have the inside path to profitable stocks to buy. And more often than not, the market eventually blindsides
Despite the pandemic, some electric vehicle (EV) companies have been able to deliver, and among them is Xpeng (NASDAQ:XPEV). Although XPEV stock soared more than $70, it has been stalling lately. Source: Andy Feng / Shutterstock.com If you thought that the EV market is ready for a slowdown, you are wrong. The industry is expanding across
What’s new with IBM stock? IBM (NYSE:IBM) announced a milestone in semiconductor manufacturing yesterday. Now, the company is able to produce chips that are just 2 nanometers thick. Source: shutterstock.com/LCV On top of that, IBM CEO Arvind Krishna recently joined the White House and members of Congress in endorsing the Endless Frontier Act. The bill
Costco Wholesale (NASDAQ:COST) stock seldom goes on sale. When it does, income investors need to grab it like one of those prized rotisserie chickens offered at the back of the store. The most recent sale came around the end of February or early March. The COST stock share price fell 20%, from a high of
Dividend stocks are popular among investors. There’s a good reason for this. In fact, there are several good reasons. Besides the returns from growth in the stock’s value, you get dividend payments. These can be plowed back into your portfolio or used for income. Dividend stocks also tend to be lower risk — if the
Income investors have likely become familiar with stocks known as the Dividend Aristocrats and Dividend Kings, which represent stocks with 25+ and 50+ years of dividend increases, respectively. But there are plenty of quality stocks that aren’t included on these lists. Source: Iryna Imago / Shutterstock.com For example, the Dividend Achievers list covers those stocks
Dividend investors often gravitate towards certain sectors that are considered the safest in the market, including well-known sectors such as industrials or consumer staples. But in terms of growth, these sectors can often struggle, meaning investors may have to forfeit growth in exchange for stability. While that certainly has appeal for a lot of investors,
Thomas Siebel, the founder of Siebel Systems (later sold to Oracle (NYSE:ORCL)), took his company public, C3.ai (NASDAQ:AI) at $42 in December 2020. After peaking at $179 on Dec. 22, AI stock has drifted down to $58.74 as of May 5. However, it still trades at a very high valuation on a price-sales (P/S) multiple, despite
After pulling back following last month’s “flash crash,” can Marathon Digital (NASDAQ:MARA) stock bounce back? Bitcoin (CCC:BTC-USD) may be rebounding, towards its all-time highs above $60,000. But, so far investors have been hesitant to bid up this crypto mining play from its current prices (around $31 per share), back up to prices topping $50 per
As I’ve said before, I truly hope General Electric (NYSE:GE) succeeds in its comeback. GE has been a great American company for decades, and it still has a massive workforce. But hope isn’t a reason to buy, or to recommend, GE stock. Source: JPstock/Shutterstock.com Admittedly, hope has driven General Electric’s stock higher over the last
Coinbase (NASDAQ:COIN) has been public for approximately three weeks as I write this. While it went out like a house on fire, jumping as high as $429.54 on its first day of trading (April 14), it finished the day up 31.3% at $328.28. Source: sdx15 / Shutterstock.com It’s been downhill ever since. Now trading a
The global electronic vehicle (EV) industry is rapidly growing and is flooded with companies focusing on climate change. As countries across the world begin reducing carbon emission and increasing sustainability, EV manufacturers are making the most of the moment. One such automaker is Fisker (NYSE:FSR). FSR stock gained recognition and popularity when the company unveiled its
Virgin Galactic (NASDAQ:SPCE) and SPCE stock are a perfect example of what is wrong with special purpose acquisition companies (SPACs). Source: Tun Pichitanon / Shutterstock.com As Groucho Marx said in The Cocoanuts nearly a century ago, “You can have any kind of a home you want. You can even get stucco. Oh, how you can
There are two figures that highlight the case for and against Nio (NYSE:NIO) stock. Source: Sundry Photography / Shutterstock.com The bull case is strengthened by the fact that NIO stock has pulled back 43% from its January highs. Obviously, that fact alone doesn’t make the shares worth buying. The massive rally of electric-vehicle stocks that