Stock Market

It’s been almost two months since AT&T (NYSE:T) announced it was spinning off WarnerMedia and merging it with Discovery (NASDAQ:DISCA, NASDAQ:DISCK), the owners of such networks as HGTV and the Food Network. Source: Jonathan Weiss/Shutterstock    Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half
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Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this
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Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
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As I put it a few weeks back, it’s a matter of when, not if, the Reddit/short-seller standoff with AMC Entertainment (NYSE:AMC) stock comes to an end. As seen from the “meme stock” favorite’s performance since publication of my last article on it, this “when” may have already started. Source: rblfmr/Shutterstock.com On July 1, the
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Two days ago, the world changed forever. Following 17 grueling years of trial-and-error with some of the most advanced technology in the world, Richard Branson finally flew into space on Sunday, in what was the first successful commercial passenger spaceflight in human history. The billionaire entrepreneur took off in Virgin Galactic’s spaceship Sunday morning, flew
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The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high
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Covid-19’s disruptive influence wasn’t limited to publicly traded securities already trading on the market. The schedule for initial public offerings, or IPOs, was also thrown for a loop. However, a dramatic decrease in Covid cases set the stage for a rush of new stocks. To understand the dynamics of IPOs, I highly recommend reading books
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Previously, I’ve taken a cautious view of FuboTV (NYSE:FUBO) stock. The company, a combo streaming/sports betting play, appeared to be at a long-term disadvantage, due to the high competition from larger, deeper-pocketed rivals. Source: monticello / Shutterstock.com In hindsight, that appears to be a short-sided view. Taking another look at the details, it’s clear there’s
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In the last seven weeks, shares of Virgin Galactic (NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space. Source: Tun Pichitanon / Shutterstock.com At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact,
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