Pedestrians carry Macy’s shopping bags in San Francisco, California, U.S., on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists
Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock
Canada is famous for hockey and maple syrup, but it is also home to some of the world’s leading software companies. In fact, it is one of the leading countries for software development, and the software sector accounts for some of the biggest companies in Canada. Five of the largest Canadian software companies include Constellation
In potentially terrible news, Canadian cannabis producer Tilray (NASDAQ:TLRY) saw its stock fall by almost 7% on Nov. 10. Except for the energy sector in 2020, I don’t think there is any sector of the economy that’s suffered as many setbacks in recent years as the cannabis industry. But don’t count TLRY stock out yet,
It’s time to gain exposure to the skyrocketing cryptocurrency market as a tidal wave of curious individual and institutional investors alike pour into this nascent asset class For a deeper dive into the trade check out my article: https://www.zacks.com/stock/news/1827545/riot-blockchain-riot-the-bitcoin-you-dont-want-to-miss Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks
Barron’s reported on Nov. 8 that the New York State Teachers’ Retirement System sold 13,601 shares of GameStop (NYSE:GME) stock in the third quarter Source: quietbits / Shutterstock.com Fear not, meme-stock lovers. The pension fund still owns 61,150 shares of GME stock. According to WhaleWisdom.com, GameStop is the pension fund’s 532nd-largest holding, so it’s clearly
Take a look at some of the biggest movers in the premarket: Oatly (OTLY) – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said
The worst curse you can lay on any stock today is to call it “value.” Source: Twin Design / Shutterstock.com Value, especially as it pertains to sharing earnings with investors in the form of dividends, has become pure foolishness, particularly in the tech industry. If they’re handing out cash, investors suspect, management must not have
No one is buying Virgin Galactic (NYSE:SPCE) stock for the underlying financials. Source: Christopher Penler / Shutterstock.com The group is nowhere near turning a profit and only started posting revenue figures in the second quarter. It’s an unproven play on commercial space flight that requires investors to blindly trust eccentric billionaire Richard Branson. It’s one
Novavax (NASDAQ:NVAX) bulls are finally rejoicing. Shares shot up after Indonesia, one of the top five most populous countries globally, greenlighted its vaccine recently. That came on the heels of the biotech filing emergency use authorization (EUA) packages with several authorities, including the world health organization (WHO) and the European Union (E.U.). All of this
The stock market overall is staying resilient. But uncertainties over inflation, interest rates, and a slowdown in economic growth still loom. With rockier times for the markets likely ahead, what are some of the key stocks to sell? How about the scores of so-called “story stocks,” that have already started to pull back. They ran
What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while
Credit repair companies offer to help consumers improve their credit scores in return for a fee. Some are legitimate businesses, while others are little more than scams. Here is what a credit repair company can, and can’t, do for you. Key Takeaways Legitimate credit repair companies can help you remove inaccurate information from your credit
GameStop (NYSE:GME) looks like it could be turning the corner financially. In its fiscal second-quarter results released on Sept. 8, sales rose to $1.183 billion from $942 million last year. Moreover, its net income loss was much lower than last year. Investors in GME stock could see a major turnaround sometime within the next year. Source:
Ocugen (NASDAQ:OCGN) has been one of 2021’s most volatile biotech companies. OCGN stock spiked from $2 to above $10 back in February after Ocugen announced that it was partnering with India’s Bharat Biotech on the latter’s Covid-19 vaccine. Since then, Ocugen has been a roller coaster, dipping to $7 or $8 repeatedly before spiking up
In this article MNDY NIO ZNGA SNPO DDOG Chinese electric vehicle start-up Nio Inc’s first employee Tianshu LI, and company’s leadership team celebrate at the New York Stock Exchange (NYSE) Opening Bell to commemorate the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018. Brendan McDermid | Reuters Markets are
In this article COIN POSH FUBO DASH PLTR WEN Check out the companies making headlines before the bell: Coinbase (COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion.Monthly transacting users declined from the
Just a year ago, Gamestop (NYSE:GME) was widely considered nothing more than an old-school, brick-and-mortar video-game retailer. As a result, there was not much interest in GME stock. Yet there was a groundswell of support for Gamestop which was growing quietly, on an Internet forum known as Reddit. A sub-forum on that site, r/WallStreetBets, was preparing
Still stuck trading between $20 and $30 per share, it may seem like Palantir Technologies (NYSE:PLTR) is never bouncing back. But while returns with PLTR stock have been underwhelming over the past nine months, don’t get discouraged. Now is not the time to head for the exits. Source: Ascannio / Shutterstock.com Why? After its incredible run
Lucid Motors (NASDAQ:LCID) stock has some very impressive strengths, including the resume of its CEO and the positive reviews and unmatched range of its Lucid Air electric vehicle. Source: Around the World Photos / Shutterstock.com These advantages, along with a large amount of press coverage, explain the current, gigantic valuation of LCID stock. That huge