North America’s largest supplier of flat rolled steel, Cleveland-Cliffs (NYSE:CLF), saw its shares pop on Monday. CLF stock closed on Oct. 8 at $20.63, but ended Monday’s session at $21.46 for a 4% pop. Source: Pavel Kapysh / Shutterstock.com The catalyst? On Monday, the company announced it is acquiring Detroit-based Ferrous Processing and Trading Company
Even while Micron Technology (NASDAQ:MU) is a thriving business, MU stock has been in a state of decline for six months. This is mainly due to the challenges facing the memory-chip market in general. Source: madamF / Shutterstock.com However, even though the semiconductor shortage has been troublesome, Micron is still advancing its technology and generating robust
I fully understand why it’s very tempting to buy Alibaba (NASDAQ:BABA) stock at this point. The company’s shares have tumbled a great deal in the last six months, yet the company remains one of the biggest and most successful e-commerce players on the planet, and its cloud business is still growing rapidly. Source: BigTunaOnline /
Michael Sonnenshein, chief executive officer of Grayscale Investments LLC, speaks virtually during a Crypto Summit Feb. 25, 2021. Daniel Acker | Bloomberg | Getty Images Grayscale Investments plans on filing an application to convert the world’s biggest bitcoin fund into a spot ETF early next week, according to a person with knowledge of the matter.
Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla
QuantumScape (NASDAQ:QS) has had a difficult 2021. After topping out just below $133 per share in December, QS stock has lost more than 80% of its value. It’s been tripped up by a number of things recently, including insider stock sales, a devastating short-seller report and a washout within the special purpose acquisition company (SPAC)
Roku Inc. (ROKU) offers a TV streaming platform and streaming devices. The platform acts as a TV streaming ecosystem: it enables consumers to seamlessly view thousands of channels on a wide range of streaming services, and it enables content providers and advertisers to reach consumer audiences in markets around the globe. Roku generates revenue primarily
Traders works at the New York Stock Exchange (NYSE), August 4, 2021. Andrew Kelly | Reuters Cryptocurrency enthusiasts and the exchange-traded fund industry are bracing for the first bitcoin futures ETF to begin trading on Tuesday, when the ProShares Bitcoin Strategy ETF is scheduled to debut at the NYSE. One catch: The ETF goes active
Investing for the long-run is a robust approach for building wealth over time. Most seasoned investors would agree that time in the market is more important than timing the market. In other words, if you have a long-term perspective on the stock market and properly diversify your portfolio, it’s nearly always a good time to
Tech stocks are hot property in 2021 but that is not the case with Intel (NASDAQ:INTC) stock. Source: Pavel Kapysh / Shutterstock.com The stock started diving a long time ago and has continued to do so for the past few months. INTC stock managed to hit an all-time high of $68 in January 2020 and
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
Tesla (NASDAQ:TSLA) is reportedly expanding access to its Full Self-Driving Beta 10.2 software. Many TSLA stock investors are hoping autonomy will eventually be a big business for Tesla. Source: Grisha Bruev / Shutterstock.com The controversial FSD software has generated plenty of criticism on social media. After reading some of the comments and watching some videos,
Ready to charge up your electric vehicle stock holdings with a truly unique company? Lightning eMotors (NYSE:ZEV), producer of zero-emission buses, powertrains and charging products, is a small but ambitious business — but unfortunately, ZEV stock remains under-appreciated on Wall Street. Source: Shutterstock One interesting thing about Lightning eMotors is that it has a strategic partnership
Israeli online freelancer platform Fiverr (NYSE:FVRR) is the definition of a mixed bag. The company has some key strengths that are balanced out by some equally important weaknesses. I typically find it’s best to avoid companies like this unless their shares are trading at a very attractive valuation. In the case of FVRR stock, that
Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its development and test flight schedule. The space
In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
Consumer staples stocks are a good source of stable dividends and steady growth from year to year. Businesses that sell products or services that consumers need in everyday life tend to have steady growth, even with the economy is in a recession. These companies are then able to provide dividends to shareholder, often raising them
Stocks can be many things, but they surely include elements of risk as investors’ seek to build wealth. Camber Energy (NYSE:CEI) stock has been making headlines for its very volatile price action – and it appears to have room for further volatility. Source: Shutterstock The real questions related to the volatility of CEI stock are whether
How can you afford to fund a college education when prices—unlike incomes—seem to keep rising? While paying for college can be challenging, it can be a lot easier by starting early and knowing what you’re up against. Key Takeaways With college costs rising faster than incomes, creating a strategy for affording college is critical. Tuition