A banner for Snowflake is displayed on its IPO day at the New York Stock Exchange on September 16, 2020. It was the largest software IPO in history and was one of eight CNBC 2020 Disruptor 50 companies to go public, and more Disruptor deals are coming soon. Brendan McDermid | Reuters Check out the
Reportedly, cloud-based infrastructure company Snowflake (NYSE:SNOW) will report its financial results for the first quarter of fiscal-year 2022 (yes, you read that year correctly) on May 26, 2021. This leaves current and prospective SNOW stock investors with critical questions to consider. Source: Sundry Photography / Shutterstock.com Does it make sense to buy the shares now? Or,
I’ll continue to be bearish regarding Sundial Growers (NASDAQ:SNDL) stock until it shows investors something positive. Recent earnings only make the situation bleaker and bleaker. Source: Shutterstock And while acquisition news seems appropriate and strategically logical, the results have yet to be seen. The Lone Positive is False Hope Earnings releases should always be taken
Shares of clinical-stage biotech company Vaxart (NASDAQ:VXRT) have cooled off considerably after gaining about 1,500% last year. However, it’s still plodding along in developing its oral Coronavirus vaccine candidate, which could enter its second phase by the middle of this year. Many would argue that VXRT stock is a little late to the party, but
It’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96. Source: Shutterstock It didn’t take time for the rally to fizzle out
I have always been bullish on electric vehicle stocks and I am a strong believer in the potential of the sector. The EV sector is no longer limited to China, it has expanded globally and there is a noticeable surge in the demand of EVs. One such company making the most of the EV boom
General investment concepts have not changed much overtime. The idea is to find opportunities before the masses do. The strategies, on the other hand, have morphed into something different. We now have a new breed of traders that are trying to make waves. Therefore, there are a lot of stocks to avoid at these levels.
At the end of last month, shares of Clover Heath Investments (NASDAQ:CLOV) rallied from a “multiple bottom” signal. This is one of many Reddit stocks that demonstrated a classic short squeeze in the last few months. Reddit is a forum whose subgroup (or sub-reddit), WallStreetBets, caters to the speculative trader. The subreddit rose to the
It’s difficult, I’ll admit, to ignore Elon Musk. He’s a consummate showman and pitchman, and when he tweets about Dogecoin (CCC:DOGE-USD), people listen and usually the Dogecoin price moves quickly. Source: shutterstock.com/Igor Igorevich Musk has posted numerous attention-getting (or should I say, attention-seeking) statement about the Shiba Inu-faced coin. One of his most famous tweets declared,
In this article DUK A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, November 29, 2018. Chris Keane | Reuters Company: Duke Energy Corp. (DUK) Business: Duke operates as an energy company in the United States that is the product of a merger with Cinergy in 2006; a merger with Progress
Spencer Platt | Getty Images With fears of inflation on the rise, investors are searching for strategies to pinpoint compelling opportunities. One such strategy is to look for stocks that appear underappreciated by the Street and have plenty of room to run. The following names meet the requirements and have the support of analysts with
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Check out the companies making headlines in midday trading. Canada Goose — Shares of the retailer slid 6% despite beating analysts’ earnings expectations. Canada Goose reported earnings of 1 cent per share, compared to
In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s
Take a look at some of the biggest movers in the premarket: AT&T (T), Discovery (DISCA) – AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both companies, and would create a new stronger streaming video challenger to the likes of Netflix
In this article TWNK TSLA T Hostess Twinkies Getty Images Check out the companies making headlines in midday trading. AT&T, Discovery — The pair of stocks were volatile on Monday after the company’s announced a $43 billion deal to merge Discovery and AT&T’s WarnerMedia unit. Discovery’s A shares popped at the open but were down
Nio (NYSE:NIO), the Chinese electric vehicle (EV) maker, posted lower growth than expected in the first quarter and reduced its outlook for Q2. As a result, I have lowered my expectations as well. I now believe that Nio stock is worth no more than $38.58. That’s 15.4% above its closing price on May 14. Source:
With the markets trading near all-time highs, it doesn’t seem like this bull run will be ending any time soon. Even the novel coronavirus pandemic could not slow down Wall Street, which is powering along despite enormous external pressures. However, there is still a chance that a stock market crash could be around the corner.
With the market in correction mode, investors have the opportunity to buy some of the biggest technology trends at more reasonable valuations. The recent ransomware attack on Colonial Pipeline has one recurrent investment theme back in the spotlight: cybersecurity. The $162 billion cybersecurity market is expected to grow at a compound annual growth rate (CAGR)
There have been increasing concerns about accelerating inflation in the United States. The latest data indicate that consumer prices in the U.S. increased the most since fiscal year 2009. The policy response to rising inflation also seems uncertain. Recently, Treasury Secretary Janet Yellen said that “she wasn’t forecasting interest-rate increases to rein in any inflation.”
Thousands of stocks pay dividends, which can make choosing among them difficult, but there are some aspects of dividend stocks that are particularly attractive. One factor that can make a big difference is competitive advantage and leadership in a given industry. In general, larger companies with global dominance are considered safer and typically have more