Snap (NYSE:SNAP), the camera company that makes all its revenue from advertising, took a big tumble on Oct. 21 when it released its quarter-three earnings. Apple’s changes to the iOS platform that impact the way advertising is targeted, measured, and optimized hurt Snap’s revenue base. In short, people opted out of its ads. Since then,
Rivian Automotive’s (NASDAQ:RIVN) management deserves praise for listing RIVN stock at the perfect moment as the stock shot to $180. Source: James Yarbrough / Shutterstock.com Rivian management’s celebration proved short-lived. The next day after the peak, sellers emerged. Despite the drop, RIVN stock could see ~ $180 again if investors look at what brought the stock
U.S. equity markets rebounded this week with the Nasdaq and S&P 500 leading the gains as investors focused on more strong earnings reports and hopes that corporate profits will continue to expand in the third and fourth quarters. Those profits will be challenged by uncertainty around the delta variant and the impact it could have
In this article ZEN Richard Drury | DigitalVision | Getty Images Company: Zendesk Inc. (ZEN) Business: Zendesk is a software development company that provides “software as a service” solutions for tracking, prioritizing, and solving customer support tickets across various channels. The company’s offerings include Zendesk Chat, a live chat software to connect with customers on
Andrew Valenzuela is helped with his application during a job fair at a Post Office in Los Angeles, California on September 30, 2021, as the US Postal Service looks to fill 40,000 seasonal-worker positions in preparation for the winter holidays. Frederic J. Brown | AFP | Getty Images The Federal Reserve is expected to move
It’s been nearly 38 years since AT&T (NYSE:T) became a stand-alone stock, replete with its “deathstar” logo, after the telecom giant was split into seven smaller telecom companies as part of one of the biggest antitrust cases in U.S. business. The classic $10,000 invested then would be worth $3.55 million today. Source: Roman Tiraspolsky /
Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for residential real estate in the United States, enabling consumers to buy and sell a home online. On Nov. 11, I highlighted what Zillow Group (NASDAQ:Z) backing out of the home-flipping business means for OPEN stock. Source: Tada Images / Shutterstock.com At the time, I expressed my
I wrote two articles today, one about IBM (NYSE:IBM) and the second about Shopify (NYSE:SHOP) stock. My opinion on both could not be any more different. I have very little faith in the turnaround efforts of IBM. On the other hand I have complete faith in the brilliance behind the SHOP stock. Shopify’s growth rates
Chegg (NYSE:CHGG), which provides online education tools to students, recently reported disappointing third-quarter results, and the company is facing very steep macro challenges. Despite the sharp decline of CHGG stock, its valuation remains elevated, given the firm’s growth outlook, its macro issues and the relatively low barriers to entry in its sector. Source: Casimiro PT
An aerial view of Launch Complex 39A at NASA’s Kennedy Space Center shows where SpaceX had previously started work on a Starship launchpad (bottom right corner), captured during a flyover by the Inspiration4 crew on Sept. 13, 2021. John Kraus / Inspiration4 SpaceX has begun building a launchpad for its Starship rockets in Florida, CEO
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2021. Brendan McDermid | Reuters Volatility could continue to plague markets after a week of violent swings that sent many stocks plummeting. In the week ahead, investors await more news on the omicron Covid variant and
During tumultuous market periods, such as the one that has taken over since the newest variant of Covid-19 was discovered, investors tend to flock to safety. That can mean different things to different investors, but for dividend investors, the safety of reliable payouts can mean less volatility in one’s portfolio during periods of market weakness.
To call Senseonics Holdings (NYSEAMERICAN:SENS) a penny stock isn’t to say it sells for a penny. The phrase refers to any stock with a low price and low market capitalization, and SENS stock currently goes for about $2.70 per share. Such stocks are always speculative, and the low market cap makes them easy for investors
In my previous article on Lucid Group (NASDAQ:LCID) I said that the launch of the Lucid Air would propel its stock upward. LCID stock has more than doubled since then from a price of under $20 to a Dec. 3 opening of $48.55. It was a pretty simple thesis as a successful launch would have
Peloton Interactive (NASDAQ:PTON) may seem like a bargain at today’s prices. At least, this is based on how things look on the surface. After its sharp drop in price, you may think that investors have overreacted when it comes to PTON stock by going from extremely bullish to extremely bearish. Source: JHVEPhoto / Shutterstock.com However,
457 Plan vs. 403(b) Plan: An Overview The public sector may be the last bastion of the defined-benefit plan—that old-fashioned pension, calculated by the employer that came to employees automatically after they retired. But nowadays, no single source of income may be enough to ensure a comfortable retirement. People also need to save on their
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images It’s been a dismal week for Cathie Wood’s flagship fund, Ark Innovation, that’s left nearly all of her holdings in bear market.
In this article MRVL BIG DOCU DIDI A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was
In the last two weeks, AT&T (NYSE:T) provided an update to shareholders and also attended a Wells Fargo conference where it talked about the company. But in both situations, even though questions came up about the Warner Media spin-off deal, no updates were given. As a result, T stock has been struggling, as people are
DraftKings (NASDAQ:DKNG) has been tumbling since it reached a recent peak closing price on Sept. 9. at $63.67 per share. At $31.21 as of Dec. 2, DKNG stock is now down more than 50% since then. Moreover, since peaking at $71.98 on March 19, the stock is now down 57%. Source: Lori Butcher / Shutterstock.com