Stock Market

At a cursory glance, you would expect the cannabis industry to receive an exemption regarding the devastating impact of the novel coronavirus pandemic. Primarily, Americans are stressed. Never before since perhaps World War II has a disruptive event impacted the entire nation. In theory, this should benefit Canopy Growth (NASDAQ:CGC) stock. Source: Shutterstock In reality,

What Happened to the Shopify Stock Price Today? Shopify (NYSE:SHOP) stock popped more than 10% on Wednesday after the e-commerce solutions provider reported very strong first-quarter 2021 numbers, topping the Street’s revenue and profit expectations. SHOP stock is now up 18% year-to-date, 104% over the past year, and 910% over the past three years. Watch

Investors should know that some of the shine has worn off of QuantumScape (NYSE:QS). In fact, a lot of the shine has worn off of QS stock.  Source: Tada Images / Shutterstock.com The markets are a bit wiser to the reality of the EV revolution. That will ultimately serve investors better in the long run.

This week, Microvision (NASDAQ:MVIS) briefly became the most-mentioned company on Reddit’s r/WallStreetBets subreddit. It didn’t matter that the 28-year-old firm had never seen a profitable year, nor that its lidar (light detection and ranging) technology lags years behind the competition. Every time a Reddit user posted their six-digit gains from MVIS stock, more people bought

As a shareholder of Aurora Cannabis (NYSE:ACB), I’m going to get this one out of the way. This was not one of my brightest ideas. In my mind, I’ve already resigned to the very real possibility that ACB stock will be a tax write-off for me. Still, if there’s any hope for the cannabis firm,

OK, let’s wrap our heads around this one: Ocugen (NASDAQ:OCGN) has a $1.4 billion market capitalization. But its entire pipeline is still in preclinical trials for various ophthalmic conditions. And it’s been around for just over five years. What is going on with OCGN stock? Source: Shutterstock A similar company in the space, EyePoint Pharmaceuticals

This is my first time writing about C3.AI Inc (NYSE:AI) stock. It seems the big question on investors’ minds is if, or when, to buy AI stock. Source: shutterstock Since soaring well above its IPO price, the stock is trending toward $70 this morning. I found this article by Ian Bezek extremely helpful in understanding

Ideanomics (NASDAQ:IDEX) stock seems to be full of potential — at least if you hear management tell you about it. Source: Videomatic/Shutterstock.com Their story sounds exciting. IDEX is an electric vehicle play. Ideanomics Mobility is already partnering with electric vehicle manufacturers in China. It owns 51% of e-bike company Treeletrik, 100% of an EV charging

AvePoint Inc. reported preliminary first quarter 2021 results on April 14. The largest data management solutions provider for Microsoft 365 is set to merge with special purpose acquisition company (SPAC) Apex Technology Acquisition (NASDAQ:APXT). Once the merger is complete, APXT stock will change to AVPT, but remain on the same exchange. Source: Dmitry Demidovich/ShutterStock.com Ironically,

After languishing for most of 2020 as a penny stock, Ocugen (NASDAQ:OCGN) popped to a 52-week high in February. However, OCGN stock was not a participant in meme stock mania. Investors were bidding up the stock because of its potential role in bringing an end to the novel coronavirus pandemic. Source: Cryptographer / Shutterstock.com Ocugen

Overall, weed stocks could see higher highs. For one, according to a Gallup poll, support for legalization is now up to a new high of 68%. That’s now double the 34% approval rating of 2000. Even the Pew Research Center found that 91% of U.S. adults say cannabis should be legal for medicinal and recreational

Investor interest in SPAC (special purpose acquisition companies) continues to wane. Especially for EV (electric vehicle) SPAC plays like Churchill Capital IV (NYSE:CCIV) stock. As you likely know, this blank-check company is merging with EV startup Lucid Motors. Lucid may be laying down the foundation to become a profitable high-end electric vehicle maker. Source: ggTravelDiary

When it comes to Chinese cryptocurrency miner SOS Limited (NYSE:SOS), the risk is just too great to justify taking a position.  Source: Mark Agnor / Shutterstock.com Cryptocurrencies and the shares of the companies that support them are risky enough on a good day. But investing in a “blockchain services company” based in China, where the rule

Rocket Companies (NYSE:RKT), home of Rocket Mortgage and Quicken Loans, is a massive direct-to-consumer mortgage lender. It’s the same business model GEICO uses to sell car insurance without agents. Source: Lori Butcher / Shutterstock.com Rocket has become the largest mortgage lender in the U.S, according to its CEO. That’s great. However, this also means that

Though many publicly traded companies enjoyed surprisingly robust demand following the initial onslaught of the novel coronavirus, very few delivered the gains that Plug Power (NASDAQ:PLUG) did to its lucky stakeholders. On April 20, 2020, PLUG stock closed at $4.42. Following a series of frenetic trades, shares eventually found themselves at $73.18 on Jan. 26,

Everyone loves the disrupters Cathie Wood buys for her ARK Innovation ETF (NYSEARCA:ARKK). But there are older tech stocks out there that still represent innovation. While ARK favorites like Tesla (NASDAQ:TSLA), Coinbase (NASDAQ:COIN) and Zoom Video (NASDAQ:ZM) look overvalued, investors may be missing some bargains. These companies were big long before the cloud was even

Generally, I try to avoid becoming overly negative on a particular company. Based on Murphy’s law, such negativity results in the target firm becoming one of the top-performing hypergrowth securities. But regarding Canoo (NASDAQ:GOEV), I have doubts. From where I stand, everything that could go wrong for the company, did go wrong. Logically, this bodes

There is a bull case for AMC Entertainment (NYSE:AMC) stock. To be clear, I don’t subscribe to that case. But as with nearly every stock out there, a reasonable investor can make a case for being long. Source: QualityHD / Shutterstock.com The end of the novel coronavirus pandemic should boost the company’s revenue after an

There may come a time when the once-hyped real estate loan originator UWM Holdings (NYSE:UWMC) will have its day in the sun again. Until then, we’ll have to wrap our heads around the surprisingly low price of UWMC stock. Source: Shutterstock For six years running, UWM Holdings has been (according to the company, at least) America’s

Gold and silver miners in North America will start reporting their first-quarter earnings reports the week of April 26. Gold stocks have been tracking the gold price, which means the economic recovery has weighed on their performance. Source: allstars / Shutterstock.com In a recent note, RBC Capital Markets analyst Josh Wolfson and his team outlined what