There’s no getting around it: it’s all about that $15 resistance level for folks who own Ocugen (NASDAQ:OCGN) shares. Frustratingly, OCGN stock bumped its head against that price point in February, and then again in May. Source: Shutterstock It’s a legitimate question: how are the buyers finally going to get a sustainable rally going? Without a
Traders on the floor of the New York Stock Exchange. Source: NYSE The land mines for the markets are becoming more numerous. Seasonal weakness is combining with continuing uncertainty over the impact of the delta variant on consumer behavior, high labor and material costs affecting pricing and delivery of goods, and poor data out of
The Nasdaq 100 Index has more than doubled from its pandemic lows in the past year. It includes the top 100 non-financial companies listed on the Nasdaq exchange with the largest market capitalization. With such a strong performance, Nasdaq 100 stocks can be a powerful addition to a portfolio. A large number of investors are
In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
In this article LVS WYNN BYND FSR DASH CSCO Check out the companies making headlines before the bell: Beyond Meat (BYND) — Shares of the alternative-meat maker dipped 2.4% in premarket trading after Piper Sandler downgraded the company to an underweight rating. “Beyond is an early leader in plant-based meat, but we believe its current
Social media traders on communities such as Reddit’s r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop (NYSE:GME), BlackBerry (NYSE:BB) and other such meme stocks during their historic January short squeezes. After Robinhood (NASDAQ:HOOD) temporarily suspended trading in GME stock and other meme names, however,
Joby Aviation (NYSE:JOBY) is a firm focused on urban air mobility. Bulls liken it to a combination of Tesla (NASDAQ:TSLA) and Uber (NYSE:UBER) with the added bonus of using the atmosphere to avoid ground-based traffic congestion and terrain-induced obstacles. On paper, JOBY stock should be soaring given this appealing concept. Source: T. Schneider / Shutterstock.com However,
As of today, September 16, 2021, the 30-year fixed mortgage rate is 3.01%, the FHA 30-year fixed rate is 2.82%, the VA 30-year fixed rate is 2.81% and the jumbo 30-year fixed rate is 3.13%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more
Sofi Technologies (NASDAQ:SOFI) has been incredibly volatile over the last few months. In May, SOFI stock bottomed along with most other high-growth stocks. That was as the group’s bear market came to an end. Source: rafapress / Shutterstock.com Soon after, shares erupted, nearly hitting $25 and for a moment climbing more than 75% from the
Acorns president David Hijirida Courtesy: Mo Osborne | Acorns Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as a public company, CNBC has learned. The company is set to announce Wednesday that it named David Hijirida as president, according to
Gamers play the video game ‘Star Wars Battlefront II’ developed by DICE, Criterion Games and Motive Studios and published by Electronics Arts on Sony PlayStation game consoles PS4 Pro during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Chesno Check out the companies making headlines after the bell: Electronic Arts — Shares
Equities have surged to lofty valuations in the past year and a half. The S&P 500 index jumped from a low of around 2,200 in March 2020 to more than 4,400 in about 350 trading days, the quickest doubling of the index in stock market history. However, the big rally is likely to come to
SOS Limited (NYSE:SOS), a Chinese stock listed on the NYSE that was a crypto mining company but apparently isn’t anymore, finally reported its half-year numbers. This was done in a 6-K filing with the SEC on Sept. 10. Bottom line: stay away from SOS stock. Source: Mark Agnor / Shutterstock.com The problem is that I
The last story I wrote on Oracle (NYSE:ORCL) covered the company’s difficult, but largely successful transition to cloud computing from the traditional on-premise software business. The results have been mixed for ORCL stock so far. I last said, “So in order to adopt to the new technology standard, ORCL simply added cloud to the end
Germany’s biggest auto show, IAA Mobility, took place last week in Munich. For investors interested in all things electric, IAA — one of the first major motor industry events since the pandemic — was a coming out party and source for the latest buzz. This year’s event showcased mobility in general, from bikes to e-scooters
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
In this article MRO WYNN SOFI KSU A worker cleans an escalator on Las Vegas Boulevard in Las Vegas, Nevada, U.S., on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Casino stocks were under pressure for a second day Wednesday amid heightened
This has been the year of the meme stock. Investing-focused ,online communities have flipped the script, going against virtually every norm of conventional investing. One darling of these retail investors, Support.com (NASDAQ:SPRT), has attracted a high level of short interest in the past couple of months. SPRT stock, however, is remarkably overpriced, and it’s primarily
In the 1980s, the field of genetics surged in popularity. At the time, I’m sure there were many articles promising investors that genetics stocks were on the cusp of spectacular gains. Investors who were looking for short-term payoffs then were disappointed, but now, gene editing stocks look far more promising. Researching the genetic origin behind
Updated: August 25, 2021 As of today, August 25, 2021, the benchmark 30-Year Fixed refinance rate is 3.15%, FHA 30-Year Fixed is 2.99%, Jumbo 30-Year Fixed is 3.32%; 15-Year Fixed is 2.44%, and 5/1 ARM is 2.54%. These rates are not the teaser rates you may see advertised online and based on our methodology should