It’s been a weird couple of weeks for some companies. Facebook changed its name to Meta (NASDAQ:FB), while Square (NYSE:SQ) changed its name to Block. In a separate although related note, Square’s CEO Jack Dorsey also announced he will step down as CEO of Twitter (NYSE:TWTR). When a stock is mired in poor performance, a
Zillow Group (NASDAQ:ZG) is a prime example of how badly things can go when you believe overconfidence can make up for poor execution. At least, that’s the takeaway from the real estate listing platform’s failed attempt to dominate the iBuyer business. Unfortunately, it’s not management that’s paying the price. Instead, that would be the investors who
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla surged 7.4% in the premarket following news that it delivered 308,600 vehicles during the fourth quarter, well above the consensus estimate of 263,026. The quarter’s deliveries were 70% above year-ago levels and about 30% higher than the prior quarter.
Major social media platforms have been dominant monopolies for a long time. But in recent years, there has been a growing number of people discontented with these platforms. A lot of conservative-leaning individuals have been feeling censored by the big tech. Source: Dmitry Demidovich/ShutterStock.com This has created an opportunity for companies like Rumble, slated to
Semiconductor firms remain as important as ever. Investors have come to realize that names like Advanced Micro Devices (NASDAQ:AMD) and AMD stock represent a vitally important industry. Throughout the pandemic, we’ve learned the importance of semiconductors — and how their supply can have serious effects on the economy. Source: flowgraph / Shutterstock.com That aside, though,
A few weeks back, I broke down the pros and cons of buying ContextLogic (NASDAQ:WISH) as it sits at fire-sale prices. The verdict? Investors were not wrong in sending WISH stock, a one-time meme stock favorite and busted growth story, from as much as $32.85 per share to around $3 per share. Furthermore, I opined there
In this article AMD NCLH RCL M WFC TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company
Looking back on 2021, the S&P 500 finished another year on a high. At the close of the 12-month period, the index had provided 27% returns to investors for the year. However, fears of another slowdown from new variants of the novel coronavirus or inflation will have several investors in a risk-averse mindset. In that
According to Wall Street Journal, the total value of mergers and acquisitions (M&A) in 2021 was $5.7 trillion, 64% higher than the year prior. As we consider the year ahead, I thought it would be fun to speculate about some of the biggest M&A deals of 2022. According to WSJ, 59,748 deals closed in 2021
Buying a house is absolutely possible with bad credit, but it is harder and more expensive than buying a house with excellent credit. Before starting the homebuying process, you should consider why you want to be a homeowner. Homeownership has many large, unexpected costs that can be difficult to cover if your financial situation is
Although the benchmark S&P 500 recently hit an all-time high, many investors are rightfully concerned about what 2022 and the years beyond will hold. With the Federal Reserve shifting its monetary policy to a more hawkish tone via planned rate hikes next year, several investors have chosen to rotate out of risk-on assets into safer
Novavax (NASDAQ:NVAX) still remains poised to sell its vaccine for the coronavirus to many countries around the world, likely enabling it to generate very strong revenue in 2022 and possibly into 2023. Yet NVAX stock has fallen sharply in recent days. Source: rarrarorro / Shutterstock.com That makes the shares very attractive for medium-term investors. Shares
Facebook Inc. did more than a simple name change when it took on the Meta Platforms (NASDAQ:FB) moniker. It also put an emerging trend (the metaverse) on the map. Doing so didn’t give FB stock much of a boost. Source: Blue Planet Studio / Shutterstock.com It did help spark enthusiasm for several more speculative cryptos and stocks, as
A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like a powerful influx of retail
Electric vehicles are taking over the world. You know that. I know that. The market knows that. We all know that. Source: Shutterstock Consumers want to drive electric vehicles these days, with 60% of today’s prospective car buyers wanting to buy an EV. Lawmakers want you to drive an EV, too, as more than 200
In the good old days, Social Security was tax-free. But times have changed, and now many taxpayers can expect to see at least a portion of their Social Security income make its way onto the taxable income line of their 1040s. People who convert their traditional IRAs to Roth IRAs often fall into this hidden
If the opinion of the analyst community means anything, then SoFi Technologies (NASDAQ:SOFI) is a strong buy for 2022. At present, SOFI stock is over 60% less than its consensus price target of $24.63. Source: rafapress / Shutterstock.com However, since it first began trading publicly in December 2020, the stock has made three attempts at hitting this mark.
Emerging fintech firm SoFi Technologies (NASDAQ:SOFI) is consolidating at the $15 a share level. After breaking out in October, only to peak at over $20 in November, SOFI stock is near $15 again. The Federal Reserve’s rate heightening policy spooked fintech investors. A sell-off in mega-cap electronic payment processing firms did not help matters, either.
The crypto market has sold off this month, fueling the debate about whether the bull run is coming to a halt. Industry leaders such as Ethereum (CCC:ETH-USD) have shed a fair share of their values in the past month. However, there have been a few anomalies, of which Ethereum’s aggregator Polygon (CCC:MATIC-USD) takes the cake. With
In this article CFX PTON PFE AMD XOM XLNX Check out the companies making headlines before the bell: Exxon Mobil (XOM) – The energy giant signaled that it will report a fourth consecutive quarterly profit, thanks in large part to stronger oil and gas prices. The snapshot of fourth quarter results came in an SEC