Special purpose acquisition company (SPAC) deals that looked great in February now look very dicey. Like the effort by Churchill Capital IV (NASDAQ:CCIV) to buy electric car maker Lucid Motors and become LCID. The CCIV stock story highlights the risks in the SPAC phenomenon. Source: Dmitry Demidovich/ShutterStock.com First, you don’t know the merger target. Once
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Have you every wanted to buy commercial real estate, but you didn’t know how to get into the game? In this episode, Preston and Stig harness the decades of experience from our mystery guest and learn how he built a real estate portfolio with over 100 units. You’ll learn how real estate is valued and
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Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase is going it alone. After the healthcare joint venture formed by Amazon, Berkshire Hathaway and the biggest U.S. bank by assets was disbanded earlier this year, the companies each vowed to continue
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Investors seek high risk-adjusted total returns through share appreciation and dividends. Therefore, long-term equity investing is regarded as the best income and wealth compounding engine available to retail investors. Today’s article introduces seven dividend-paying long-term stocks for retirement portfolios. Over the past 12 months, the Dow Jones Industrial Average, the S&P 500 Index, and the
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In my last write-up for Lordstown Motors (NASDAQ:RIDE) stock, I suggested that the company may be overvalued based on economic metrics. Source: Postmodern Studio / Shutterstock.com Specifically, unemployment trends for the construction industry were more negative than the national trend, which suggested that commercial fleet owners would not be willing to open their wallets. Naturally,
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106.71 The current reading of the Investopedia Anxiety Index is slightly above neutral, indicating a higher level of anxiety. Markets Today Global equity markets are fairly muted as Asian bourses open after yesterday’s holiday. U.S. futures are pointing to a relatively flat open, although tech stocks remain under pressure for the fourth day in a
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It has been over 3 months since the first massive short squeeze in GameStop (NYSE:GME) stock. Since then, trading interest and social media chatter around GME stock has died down. Many traders have turned their attention to other short squeeze stocks, tech names and cryptocurrencies. Source: rblfmr / Shutterstock.com Normally, when a stock loses interest,
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Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned $3.69 per share for the first quarter, well above the $2.25 a share consensus estimate, with revenue also above analysts’ projections. Comparable-store sales surged 22.9%, more than double the forecast of analysts surveyed by FactSet. Target shares jumped
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China’s so-called cryptocurrency farmers are driving a rally in shares of consumer disk-drive makers Seagate (NASDAQ:STX) and Western Digital (NASDAQ:WDC). These stocks have gained 20% and 12%, respectively in the last 5 trading days. In particular, the new green cryptocurrency called Chia (CCC:XCH-USD), launched earlier this month, has caused a sharp rise in demand for hard
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Investing is not easy but it is also not hard to avoid obvious mistakes. What causes traders grief are most often from avoidable scenarios. Zomedica (NYSEAMERICAN:ZOM) stock is a magnet for hopeful investors and its low-dollar ticket price is the lure. Source: didesign021 / Shutterstock.com The current trend on Wall Street is to chase home-run
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