A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. State Street — The financial firm’s shares rose 2.6% after beating on the top and bottom
It’s fair to say that Canopy Growth (NASDAQ:CGC) has an appropriate name, as the company has exhibited tremendous growth over the years. Recently, however, investors may have been disappointed in the performance of CGC stock. Source: Shutterstock The stock was on a tear earlier this year. However, the Canopy share price peaked in February and then
Bank of America (NYSE:BAC) stock fell this week after analysts called its earnings “mixed.” Source: Michael Vi / Shutterstock.com Shares have dropped around 5% during the trading week beginning July 12 after the bank announced net income of $9.2 billion, $1.03 per share and revenue of $21.5 billion for the three months ending in June.
Compared to the gigantic valuation of Churchill Capital Corp IV (NYSE:CCIV) stock, the performance of Lucid Motors — with whom Churchill is expected to merge next week — remains subpar. Source: gg5795 / Shutterstock.com Meanwhile, CCIV stock has been badly hurt by the retreat of meme stocks in the last month, and I expect that trend
Churchill Capital Corp IV (NYSE:CCIV) possibly marked the peak of the frenzy surrounding special purpose acquisition companies (SPACs) this past year. However, CCIV stock has recently remained depressed after its significant fall from an all-time high of $64.86 in February. Source: gg5795 / Shutterstock.com To me, this does not come as a surprise. At just
When people think of the largest companies in Silicon Valley, computer and digital giants such as Apple (AAPL), Alphabet/Google (GOOGL), and Facebook (FB) are the first that come to mind. However, successful public companies within Silicon Valley extend beyond the technology sector—especially if you extend the traditional Silicon Valley borders a bit to the north
Treasury Secretary Janet Yellen speaks during the daily press briefing on May 7, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images U.S. Treasury Secretary Janet Yellen will meet with the President’s Working Group on Financial Markets next week to discuss the role stablecoins
Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to boost stocks with solid earnings reports. That was not the case for some financial sector
Tech stocks have been volatile trades so far in 2021, and we’re liable to see more wild swings in the near future. As the global economy reopens, investors increasingly find themselves in an ambivalent position where they need to choose between cyclical “old economy” stocks and high-growth tech stocks. Many tech names have seen occasional
Invesco Mortgage Capital (NYSE:IVR) is an attractively priced mortgage REIT that has a 10.8% dividend yield well covered by its earnings. Moreover, its price of $3.33 is still below its book value per share. Based on my calculations, the new IVR stock book value is $3.62, down slightly from $3.65 at the end of the
The Airbnb (NASDAQ:ABNB) story is well recognized among investors today as the company that invented a travel and lodging category that did not formally exist before. ABNB stock has had a storied time since the company went public. Source: AlesiaKan / Shutterstock.com Airbnb is a so-called two-sided online marketplace (meaning both hosts and guests are
Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this
Vanessa Rivera (left), Azuri Moon (center), Candace Koole (right) all say their unemployment insurance was stolen from their accounts. Source: CNBC As millions of Americans received unemployment payments to get through the crisis, scammers developed a new way to steal cash directly from recipients’ accounts, according to an investigation by CNBC. When one single mother’s
In this article DIDI 22UA-DE MRNA Check out the companies making headlines before the bell: Moderna (MRNA) – The drug maker’s shares surged 7.3% in the premarket on news that the stock would be included in the S&P 500 as of July 21st. It will replace Alexion Pharmaceuticals, which is being acquired by AstraZeneca (AZN).
The largest U.S. cryptocurrency exchange, Coinbase (NASDAQ:COIN) stock has become a familiar name today. Majority new investors in Bitcoin (CCC:BTC-USD) use Coinbase. The company went public via a direct listing in April. Source: Primakov / Shutterstock.com COIN stock was as high as $342 in April and is currently exchanging hands close to $225. This is
More and more economists are warning that high inflation is here to stay for the next few years. Because of that, investors are becoming increasingly focused on using stocks to create an inflow of cash that earns them reliable income. To that end, dividend stocks offer folks returns through capital gains along with extra cash
The timing of DiDi Global’s (NYSE:DIDI) initial public offering could not have been any better. Insiders and early investors probably knew about the Chinese regulatory crackdown days after its IPO. They lost the least after DIDI stock plunged. Speculators who bought the stock are in for a rough ride next. Source: Piotr Swat / Shutterstock.com
Microsoft (NASDAQ:MSFT) could reach $400 per share and have a $3 trillion market capitalization. This forecast for MSFT stock to rise over 41% is based on its huge free cash flow (FCF) and high FCF margins. Investors will get a better sense of this when Microsoft releases on July 27 its fiscal Q4 earnings ending
There are some key differences between ETFs and ETNs that investors should be aware of.
The first rule of managing your employee stock options is to avoid premature exercises. Why? Because it forfeits the remaining “time premium” back to your employer and incurs an early compensation income tax to you, the employee. When employee stock options are granted, the entire value consists of “time premium” because there generally is no