As I predicted a few weeks back, the choppy uptrend in tech-focused acquisitions company Vinco Ventures (NASDAQ:BBIG) appears to have come to an end. Following an 800%-plus year-to-date gain, BBIG stock topped out in early September. Shares now sit more than 60% below that high, following a 44% drop in the past week and a
In this article TWLO TDOC EBAY F Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images Check out the companies making headlines in after-hours trading: Ford Motor — Shares of the automaker jumped more than 5% after it nearly doubled analysts’ third-quarter earnings expectations and recorded a
Purchasing Palantir (NYSE:PLTR) stock continues to make sense for a specific type of investor. Let’s start with what you won’t get when buying Palantir shares. Source: Sundry Photography / Shutterstock.com Are you likely to get quick growth from PLTR shares? No, probably not. Sentiment surrounding Palantir has essentially settled since March. Following a few months
As of 2021, there are reportedly 2,755 billionaires on Earth, with an estimated total net worth of $13.1 trillion. Of this amount, the top 10 wealthiest people in the world account for $1,153 billion, or roughly 8.8%, which is impressive when you consider that they represent around 0.36% of billionaires. Below are the 10 individuals
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Phil Knight is the co-founder and the biggest stakeholder of Nike, formerly known as Blue Ribbon Sports, which has more than 1,100 branches across the globe. The company, which is considered the largest creator of athletic shoes and sports apparel, also includes brands like Jordan, Cole
Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters After all but vanishing last year, stock buybacks are surging in 2021 and will likely hit a record in the third quarter. The surge in buybacks comes at a delicate moment for corporate America. Senators Sherrod
Let’s be honest. Not every investor loves Chinese companies and stocks right now. Perhaps some investors saw what happened to ride-hailing giant Didi Global (NYSE:DIDI). As a result, maybe they’re afraid to take a position in China-based electric vehicle (EV) maker Xpeng (NYSE:XPEV) because XPEV stock might also tank. Source: Johnnie Rik / Shutterstock.com Yet let’s not
When Virgin Galactic (NYSE:SPCE) stock began trading in 2019, its management had laid out an aggressive strategy to start flying out people to space by 2020. Source: rafapress / Shutterstock.com Then the pandemic hit, which had Virgin and countless other companies having to reassess their plans. Since then, the developments have been mostly underwhelming for
In this article TSLA Major Tesla investor Ron Baron told CNBC on Wednesday that he’s made $6 billion on his investment into the electric automaker and plans to remain a shareholder for at least another ten years. At more than $1,000 as of Wednesday, Baron’s namesake investment firm, Baron Capital, holds almost 6 million Tesla
In this article HOOD MSFT SPOT MCD Check out the companies making headlines Wednesday before the bell: Coca-Cola (KO) — Coca-Cola jumped 2.9% in the premarket following a profit and revenue beat for the beverage giant, which also raised its full-year forecast. Coca-Cola reported adjusted quarterly earnings of 65 cents per share, 7 cents above a
Two days ago, Tesla (NASDAQ:TSLA) did something unthinkable – something that only four tech stocks in the history of capitalism have ever accomplished. It became a trillion-dollar company. It joined Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) as the only U.S. companies to currently hold that distinction. Not only that, but Tesla cleared
Yesterday, Hertz Global Holdings Inc. (HTZZ) announced plans to buy 100,000 electric vehicles (EVs) from Tesla. Investors seized on this unexpected news to boost Tesla’s market cap over the $1 trillion mark. As I write this, the stock price is also still strutting its spectacular trillion-dollar valuation. “[Hertz’s purchase is] the single-largest purchase ever for
Farmmi (NASDAQ:FAMI) is a tiny Chinese company in the agricultural products sector and a true penny stock, with shares currently trading for around 35 cents. FAMI stock collapsed below a dollar in April on a large secondary offering, and it hasn’t topped 60 cents since that point. Source: Shutterstock There was one more significant rally
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
In this article ENPH FBHS MSFT Photo Illustration by Pavlo Gonchar SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after hours trading: Robinhood — Shares of the stock-trading app declined more than 9% during extended trading after the company’s third-quarter revenue missed expectations amid a slowdown in cryptocurrency trading.
Income investors are facing negative real returns as inflation rates soar. Not only is wage growth falling behind inflation, but cash savings are earning almost nothing in bank accounts. Investors who waited years for interest rates to rise and pay a better return now cannot wait. However, those who found high-yield stock gems have earned
The Robinhood (NASDAQ:HOOD) platform is certainly an interesting one for those looking to invest in the stock market. It certainly burst onto the scene early in the pandemic with commission free trading. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. The Robinhood platform has been around for
What’s wrong with the American tax system? Depending on their perspectives, taxpayers complain about a wide range of features. However, a recent study by the Pew Research Center reveals that a majority express a concern that the system is unfair. They believe that it often requires low- and middle-income individuals to pay taxes on a
One great way to get exposure to the solid-state electric-vehicle (EV) battery market is through a long position in QuantumScape (NYSE:QS). However, investing in its shares will require patience as QS stock can’t seem to get off the ground lately. Source: Michael Vi / Shutterstock.com Staying the course with QuantumScape requires a very forward-looking vision. Essentially,
Since the beginning of the Covid-19 pandemic, several sectors have grabbed the limelight. In particular, due to the advent of social distancing, online businesses flourished. Zoom (NASDAQ:ZM), which provides a video-communications platform, was a major beneficiary of the trend, causing ZM stock to boom. Source: Michael Vi / Shutterstock.com Trading at $67 towards the end