A Falcon 9 rocket booster lands after launching the company’s Transporter-2 rideshare mission on June 30, 2021. SpaceX Private investment in space companies hit $4.5 billion in the second quarter, a record for the sector, according to a report on Wednesday by New York-based firm Space Capital. “This was the largest quarter on record for
In this article VLO AOUT SQ Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines after the bell: Square — Shares of
Stock markets are booming thanks to the tailwinds that the Federal Reserve and the White House have provided. The government deployed the heaviest artillery ever to reflate the economy after the pandemic. Judging by how strong stocks are, they may have overshot a bit. There are pockets of weaknesses this week, and consequently, some hot
PepsiCo (NASDAQ:PEP) shares got fizzy this week as earnings crushed estimates, which is good news for anyone investing in PEP stock. Source: suriyachan / Shutterstock.com Pepsi earned $2.37 billion, $1.70 per share, on revenue of $19.2 billion for the three months ending in June. Earnings were 19 cents per share ahead of estimates, and revenue
I first invested in Alibaba (NYSE:BABA) stock back in late 2015 at a price of $68 per share. Source: Nopparat Khokthong / Shutterstock.com At the time, my thesis was extremely simple. E-commerce is the future of retail. Amazon (NASDAQ:AMZN) is the e-commerce leader in the U.S. market. AMZN stock has been an incredible long-term investment.
Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
In this article CLNE CLOVW GME AMC Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC The price of AMC Entertainment stock has been cut in half from its peak amid a big rout in meme stocks this month as the reality of bubble-like rallies and failing businesses started
In this article MS AMC Check out the companies making headlines before the bell: Morgan Stanley (MS) – Morgan Stanley beat estimates by 20 cents with second-quarter earnings of $1.85 per share, while revenue topped forecasts as well, helped by an acceleration in investment banking activity. Despite the beat, Morgan Stanley shares fell 1.6% in
It was supposed to be an auspicious debut when online finance company SoFi Technologies (NASDAQ:SOFI) went public on June 1. After the company merged with special purpose acquisition company (SPAC) Social Capital Hedosophia Corp. V, SOFI stock was publicly available for trading – but the hype phase was short-lived. Source: rafapress / Shutterstock.com Prior to that, people
The economy is roaring back to life and with that the number of stocks to sell is climbing. Abundant government stimulus in combination with an aggressive vaccine rollout has gotten things back on track surprisingly quickly. Investors have hopped on the reopening wave, riding all sorts of struggling companies as they’ve recovered from last year’s
As I put it a few weeks back, it’s a matter of when, not if, the Reddit/short-seller standoff with AMC Entertainment (NYSE:AMC) stock comes to an end. As seen from the “meme stock” favorite’s performance since publication of my last article on it, this “when” may have already started. Source: rblfmr/Shutterstock.com On July 1, the
There are a number of ways to rank the size of insurance companies. Companies can be measured by their market capitalization (the value of the company on a stock exchange) or by using sales figures, such as net premiums written in a year or how many policies were sold. Here, we examine the top 10
The chairman and CEO of the world’s largest asset manager told CNBC on Wednesday that he worries about a “silent crisis of retirement,” citing global monetary policies that create disincentives for savers. “Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed,” BlackRock co-founder Larry Fink said on “Squawk
A pint of Oatly brand ice cream is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bank of America — Shares of the banking giant fell 3.7% after reporting quarterly
Focusing on additive manufacturing (AM) of electronics, Nano Dimension (NASDAQ:NNDM) specializes in fast prototyping capabilities, helping client companies meet tight production deadlines while delivering cost savings. What’s more, NNDM stock is actually fundamentally relevant without the social media furor surrounding it. Still, an extra tailwind never hurt. Source: Spyro the Dragon / Shutterstock.com In this
With the stock-trading paradigm supposedly having shifted because of the novel coronavirus, fuel-cell electric vehicle (FCEV) specialist Plug Power (NASDAQ:PLUG) looks awfully enticing. From its peak 2021 closing price of $73.18, PLUG stock is now down more than 60%. Of course, in this day and age of social media, such a decline represents about as
Although Coupang (NYSE:CPNG) is one of the most intriguing names in business because of its remarkable ascent, I had reservations about the company when I last wrote about in April of this year. It wasn’t an easy article to write since I covered it when CPNG stock was a private equity play; thus, I had
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Junk bonds aren’t so junky anymore, with a strong fundamental backdrop helping to underpin what traditionally has been one of the riskiest sections of the financial markets. Yields in the $10.6
In this article LB Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus estimate was 77 cents. The bank’s revenue came in below Wall
After decades in the financial markets, it takes a lot to faze Warren Buffett. Indeed, Buffett was one of the voices of reason while others – including yours truly – felt America was due for a reckoning because of the novel coronavirus. During the pandemic doldrums, the renowned investor stated the economy will recover. That