Despite multiple positive milestones attained in recent weeks by electric vehicle maker QuantumScape (NYSE:QS), I continue to believe that QuantumScape stock remains vastly overvalued. Source: Michael Vi / Shutterstock.com Tough competition, uncertain technology, the long wait until its products can be launched, and a sky-high valuation are among the points that keep me on the
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On March 3, I made a bullish call on both Tilray (NASDAQ:TLRY) and its longtime Canadian cannabis-market competitor, Aphria (NASDAQ:APHA). Today I’m going to double down on those calls and recommend that investors take a long position in TLRY stock. Source: Jetacom Autofocus / Shutterstock.com And I also recommend that you mark April 14, 2021 on your
Workplace collaboration hub Slack Technologies (NYSE:WORK) has been one of the biggest beneficiaries of the novel coronavirus pandemic lockdowns. Social distancing guidelines have been inconvenient generally, but they’ve seemingly only strengthened the bull thesis for WORK stock. Source: Sundry Photography / Shutterstock.com Incorporated in 2009, Slack has proved to be an integral part of the
The 16th Electron launch in November 2020, when the company recovered the rocket after splashdown for the first time. Rocket Lab The next mission for small launch leader Rocket Lab will feature its second attempt to recover an Electron rocket booster after liftoff by splashing it down in the ocean. The company is working toward
In this article AMZN FUBO LEVI The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Thursday: Levi Strauss –
Ideanomics (NASDAQ:IDEX) announced on March 31 in its earnings release presentation and its conference call that it now has $330 million in the bank. This is significant since at the end of 2020 it had just $165.7 million. So it has about doubled its cash through capital raises in three months. As a result, cash
Even prior to the pandemic the stock of Chinese online dating firm Momo (NASDAQ:MOMO) has been on a downtrend. The company has had a rough few years after running afoul of state regulators and feeling the effects of the coronavirus pandemic. Source: rafapress MOMO stock currently trades at around $15.90. A lot of the bad
There are many ways for shrewd investors to profit in cryptocurrency markets. Of course, the most obvious is to buy a currency at a low price and then sell it at a high price. But there are other ways to profit as well, including these crypto related penny stocks. Bitcoin (CCC:BTC-USD) has become synonymous with
Many beginners try to find the bottom of the stock or when to get in and when to get out of a stock. You are always trying to find the lowest point however it is very difficult to find or catch the lowest point of a stock. How does a stock move lower? If a
Zach Perret, CEO and co-founder of Plaid, speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg via Getty Images Plaid raised a new round of capital that nearly triples its valuation a few months after a deal to be bought by Visa fell
Take a look at some of the biggest movers in the premarket: GameStop (GME) – The video game retailer said board member and Chewy co-founder Ryan Cohen would become chairman of the board of directors following its annual meeting. GameStop gained 2.2% in premarket trading. Box (BOX) – The cloud computing company announced a $500
Is a contribution to an individual retirement account (IRA) tax-deductible? For many of us, the short answer is: You bet! That’s what IRAs are for. However, there are rules and limits. Your ability to deduct an IRA contribution in part or in full depends on how much you earn, whether you or your spouse are
Airbnb is preparing to release its highly anticipated shares to the public markets before the year is up. The enterprise stumbled through the COVID-crisis, but it is preparing to soar in the new normal.
It’s truly incredible how far Airbnb (NASDAQ:ABNB) stock has rallied in such a short time. Source: BigTunaOnline / Shutterstock.com Airbnb went public on Dec. 10 at $68. Less than four months later, it trades at $182. That’s a cool 167% return in less than four months. Yes, a first-day “pop” of 112% accounts for a
It’s the news that everyone was anticipating. Nevertheless, the strength of the March 2021 jobs report caught even some optimists by surprise. Hiring surged in the U.S. as employers added 916,000 jobs in March, representing the best gain since August of last year. Despite the enthusiasm, though, investors should continue eyeballing blue-chip stocks to buy.
Autonomous cars are coming… and they’re coming fast. And analysts now believe that one out of every 10 cars sold will be autonomous by 2030. Since October 2020, Google’s Waymo startup has been allowing people to hail their self-driving cars through an app — a program that has been received incredibly positively. Many could be
An illustration of the SpaceMobile satellite constellation. AST SpaceMobile Shares of satellite-to-smartphone broadband company AST SpaceMobile began trading on the Nasdaq on Wednesday, with the company the first among a flurry of recent space companies to close its SPAC deal. AST SpaceMobile trades under the ticker ASTS, with shares previously listed under the SPAC New
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 in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Shares of the major U.S. cruise lines jumped on Wednesday amid
The seaborne shipping industry has been making headlines lately for more reasons than one. Indeed, investors in Castor Maritime (NASDAQ:CTRM) and CTRM stock have a few key catalysts to hang their hats on right now. Source: VladSV / Shutterstock.com First, there’s certainly a lot of anticipation that an economic reopening could pave the way for
Has the ship sailed with Norwegian Cruise Line Holdings (NYSE:NCLH)? Fortunately for investors looking at NCLH stock now, it hasn’t. Source: Vytautas Kielaitis/shutterstock.com A year ago, when the pandemic first started to affect global commerce, shares in this cruise line operator cratered from nearly $60 to prices that briefly hit single digits. But, over the