Coinbase Global (NASDAQ:COIN) is among the best-known platforms where people can buy and sell Bitcoin (BTC-USD) and other cryptocurrencies. However, troubles in the world of crypto have put negative pressure on COIN stock. The end result, though, should be much higher prices for Coinbase shares over the coming years. That’s because more credible exchanges will rise
Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “buy” at Bank of America. The move comes after BofA conducted what it calls a “deep dive” on Hasbro’s “Magic: The Gathering” trading card game
When Meta Platforms’ (NASDAQ:META) CEO Mark Zuckerberg changed Facebook’s name in Oct. 2021, it was supposed to breathe new life into one of the biggest tech stocks on the planet. Unfortunately, that’s not what happened at all. Since late last year, the stock plummeted from about $320 to a recent low of $88.09. Even now,
After making a double-digit move lower in October, don’t expect things to calm down with Alibaba Group (NYSE:BABA) stock this month. On Nov. 17, the Chinese e-commerce giant will report results for the preceding quarter, ending Sept. 30. In addition, investors will be keeping an eye on Alibaba’s results for “Singles Today,” which was Nov.
Oil prices have been steadily increasing in recent years, and it seems they will continue for a while. Demand is at an all-time high due to geopolitical instability, and prices have followed suit. This has led to inflation and eroding consumer confidence. But it has also been a boon for oil stocks. With tensions showing
The explosive stock market rally seen on Nov. 10 may have invited some investors to start thinking this downturn is coming to a close. However, before you make the move from “risk-off” to “risk-on,” there are certainly concerns to consider. That goes double for those planning to dive back into speculative investments. There are plenty
In this article AAPL ORLY CARS VECO SBUX Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Apple Fifth Avenue store for the release of the Apple iPhone 14, New York City, September 16, 2022. Andrew Kelly | Reuters The fall rally seems to have regained its strength this past week. A
The electric vehicle industry has been a riches-to-rags story in 2022. Many EV stocks soared in 2021 on the expectation that the Biden administration would prioritize the electrification of the auto industry. That happened. But so did inflation. And that took the air out of the second EV bubble burst before it could really get
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media giant slid more than 11% after the company’s quarterly results missed Wall Street expectations on revenue and profit, as both its parks and media
Growth stocks to buy took quite a hit this year. That might deter investors from placing their bets on them for the long haul. However, growth stocks are tremendous investments for retirement, with the potential to generate massive returns. Making money becomes significantly easier if you have the nerve to invest and hold growth stocks
Skynesher | E+ | Getty Images Company: Splunk (SPLK) Business: Splunk is a leading provider of application software that collects and analyzes data from digital systems to help organizations identify security threats and monitor IT infrastructure. The company can take significant amounts of unstructured data from various systems and come up with insights that help
In this article BROS ZIP FICO MTCH RIVN BMBL Follow your favorite stocksCREATE FREE ACCOUNT The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar
Yesterday was a record-setting day for the stock market. And if history is any guide, it marks the beginning of a big new bull market wherein you could mint a fortune over the next 12 months. Here’s the quick story. After October inflation numbers came in much lighter than expected, stocks soared yesterday the most
Things seem to be getting worse in China. In recent months, Chinese President Xi Jinping has consolidated his grip on power. He’s pledged to return China’s economy to its socialist roots and move away from the free market path it had been on. This follows more than a year of crackdowns on publicly traded Chinese
After years of astounding growth, Amazon (NASDAQ:AMZN) is currently out of favor among investors. Some traders reacted negatively to Amazon’s third-quarter 2022 earnings report. Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach
In this article DOCS LZ IMAX RL DUOL COIN AMZN GM WYNN MCK VRTX HUM ELV CI NFLX BZH WBA Follow your favorite stocksCREATE FREE ACCOUNT A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online
[Editor’s note: “Industry Catalyst Gives Desktop Metal Stock Enormous Potential” was previously published in February 2021. It has since been updated to include the most relevant information available.] When it comes to 3D printing leader Desktop Metal (DM), it’s all about the Fourth Industrial Revolution. That is, the company is at the epicenter of a
Meme stocks represented one of the most remarkable developments in the equities space during much of the new normal. However, by 2022, this sector received a very rude awakening. To be fair, this space enjoys backing from powerful Internet communities, making a shorting proposition wildly risky. So, that’s not what I’m going to talk about.
Source: Rokas Tenys / Shutterstock.com Tesla (NASDAQ:TSLA) stock got rocked this week after CEO Elon Musk revealed he had sold $3.95 billion of his Tesla stake. Many analysts immediately drew lines from the rapid-fire disposal to Twitter’s recent stumbles. It only took the world’s richest man three months to renege on his promise to avoid
In this article WBA LVS INTC DOCS USB WYNN Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hold. Following a recent meeting with management, the firm