There was a great deal of hype surrounding last year’s public debut of enterprise artificial intelligence (AI) firm C3.ai (NYSE:AI). The volume and the share price of AI stock soared, causing some folks to wonder whether this would be sustainable in the long run. Source: Phonlamai Photo / Shutterstock.com As it turned out, the skeptics and
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Covering stocks, every once in a while an editor throws you a “Geez, Louise” assignment. That’s how it was with this request to cover C3.ai (NYSE:AI). Still, as one of the most hotly anticipated market debuts, I realized that AI stock charmed investors early on but has since left them bitterly disappointed. Source: Shutterstock When
Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on October 28, 2019. Johannes Eisele | AFP | Getty Images Sir Richard Branson, the founder
In this article COST DELL COIN AEO Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: American Eagle — The teen apparel retailer’s stock rose
Video game retailer GameStop (NYSE:GME) is the most talked-about meme stock in recent memory. Thanks to a Reddit-induced short squeeze, it is one of the best-performing stocks in the past 12 months, with hardly any fundamentals to back that up. Despite a 40% drop in its price this month, it still trades more than 89
Roblox (NYSE:RBLX) is a very interesting equity, company, and product. RBLX stock only recently joined the New York Stock Exchange with its March 10 initial public offering (IPO). Source: Katya Rekina/ Shutterstock.com RBLX stock has moved up and down since joining the markets, with initial trading at $64.50. And current share prices are at $74.32
Among the most beaten-down market sectors during the onset of the novel coronavirus was the cruise-line industry. For a while, it seemed as if the investing community hated Norwegian Cruise Line (NYSE:NCLH). The share-price rout in NCLH stock was absolutely relentless. Source: Roberto Sorin / Shutterstock.com Things certainly have changed during the past year, however. Today,
A Falcon 9 rockets launches a Starlink mission on January 20, 2021. SpaceX Private investment in space companies hit $1.9 billion in the first quarter, according to a report on Wednesday by New York-based firm Space Capital. “The trend towards larger late-stage deals continued in Q1, with the top 10 rounds accounting for 77% of
Gary Gensler, then-chairman of the U.S. Commodity Futures Trading Commission (CFTC). Simon Dawson | Bloomberg | Getty Images The Senate is likely to confirm Gary Gensler as the new chairman of the Securities and Exchange Commission either Wednesday or later this week, and crypto assets — including bitcoin — are likely high on his agenda.
Here are some of the companies making headlines in premarket trading: Goldman Sachs (GS) — Goldman shares rose more than 1% in premarket trading after the company’s first-quarter results handily topped Wall Street’s expectations. The bank earned $18.60 per share, compared to the $10.22 per share expected by analysts surveyed by Refinitiv. Revenue came in
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This week’s video covers two companies where management has made key decisions for the future of their respective companies; Johnson & Johnson (JNJ), and International Paper (IP). Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID International Paper: https://www.zacks.com/stock/quote/IP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Bank of America (NYSE:BAC) stock is worth at least 46% more, now that the Federal Reserve will allow dividend hikes and buybacks. This is because, after June 30, the bank will be allowed to hike its dividend, assuming it passes the relevant bank stress tests. My estimate is that after Bank of America raises its
Shares of up-and-coming electric vehicle company Lordstown Motors (NASDAQ:RIDE) stock have tanked 40% this month. Source: SevenMaps / ShutterStock.com Short-seller Hindenburg Research is on its case again, alleging that the company has greatly exaggerated the pre-orders for its Endurance electric pickup truck. The SEC has now decided to investigate the matter. Subsequently, several firms and
The once red-hot cannabis market has gone ice-cold in recent weeks, as optimism regarding favorable legal developments and strong sales in Canada has waned. This has led to a pretty steep sell-off in the industry’s leader, Canopy Growth (NASDAQ:CGC). Not too long ago — in early February — Canopy Growth stock was on its way
Investors are getting mixed signals on the state of the economy as we head into spring. On the one hand, investor concerns over inflation, deficit spending and certain Fed decisions continue to cause worry. Some economists fear that a rebound following the pandemic may not be as robust as previously predicted. Still others are betting
In this article ARKK Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles. “We’re very excited about digital wallets,” Wood said on CNBC’s “The News with Shepard Smith” on Tuesday. “We really think that these digital wallets and two-sided market places, merchants and
In this article DISCA FOLD ENDP SFIX TEAM Source: Stitch Fix Check out the companies making headlines after the bell on Tuesday: Atlassian — Shares of the Australian software company ticked up 1% on revised revenue guidance for the fiscal third quarter. Atlassian now expects revenue between $566 million and $572 million. Analysts polled by
Barrick Gold (NYSE:GOLD) produced significant results last year, achieving all of the gold and copper mining company’s forecasts. But the stock didn’t reciprocate. GOLD stock has actually fallen 6.4% over the past year, as of the time of publication. And year-to-date, it is down 7.4%. Source: Piotr Swat / Shutterstock.com It’s almost as if the