The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters It could be a big pay day for Keith Gill, the Reddit trading crowd’s favorite and the man who inspired the epic GameStop short squeeze. Friday is
Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From Coca-Cola and IBM to Johnson & Johnson and Netflix, investors will hear
Income investors often look to real estate investment trusts, or REITs, as these stocks usually have very high yields. Looking more specifically at a certain part of the REIT industry, we feel that the corner of the industry devoted to healthcare REITs is very attractive for income investors. The population continues to get older in
Special purpose acquisition companies (SPACs) are blank check businesses that seek out targets for reverse-merger acquisitions. A large number of private companies announced reverse-merger deals with SPACs that are already listed on a stock exchange in 2020. Both institutional and retail investors have jumped at the opportunity to buy into SPACs over the past year.
What Happened to the Opendoor Stock Today? Source: PREMIO STOCK/Shutterstock.com Shares of the America’s largest iBuyer, Opendoor (NASDAQ:OPEN), have been on a steady downtrend over the past few weeks. Since peaking in mid-February, Opendoor stock has lost about half of its value. Why It Happened There are two big things driving OPEN stock lower: One,
First-quarter earnings season kicked off last week. With 23% of the U.S. vaccinated, businesses steadily re-opening, and trillions of dollars of monetary fizz getting pumped into the market, it’s no surprise that investor confidence is at an all-time high. Risk-taking is the new normal. And that makes the tug-of-war between Wall Street and Main Street
Bill Hwang, founder of Tiger Asia Management LLC, exits federal court in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Emile Warnsteker | Bloomberg | Getty Images Morgan Stanley posted blockbuster results for the first quarter, but a single prime brokerage client cost the firm nearly $1 billion. The firm had a $644 million
Aaron Newsom, left, an installer for the solar company, Sunrun, and Tim McKibben, a senior installer, prepare solar panels to be installed on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines before the bell: Morgan Stanley (MS) — Morgan Stanley
On today’s episode, Preston and Stig are talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion, Dr. Smith talks about the current market conditions and which industries might perform the best for the 2nd Quarter of 2019. IN THIS
As far as large-cap Canadian limited partnerships go in the cannabis space, Aphria (NASAQ:APHA) is an intriguing option. Indeed, it’s a company with operating scale, is producing cannabis at a positive EBITDA margin, and has some international growth prospects. Investors in APHA stock seem to have a lot to like right now. Source: Shutterstock Additionally, the
“I don’t throw darts at a board. I bet on sure things. Read Sun Tzu, The Art of War. Every battle is won before it is ever fought.” Many of you might recognize these words spoken by Gordon Gekko in the movie Wall Street. In the movie, Gekko makes a fortune as a pioneer of
We discuss why bitcoin has been soaring and whether we will see a bitcoin ETF soon. iShares Gold Trust: https://www.zacks.com/funds/etf/IAU/profile?cid=CS-YOUTUBE-FT-VID SPDR Gold Shares: https://www.zacks.com/funds/etf/GLD/profile?cid=CS-YOUTUBE-FT-VID Ark Innovation ETF: https://www.zacks.com/funds/etf/ARKK/profile?cid=CS-YOUTUBE-FT-VID Ark Web ETF: https://www.zacks.com/funds/etf/ARKW/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Before the pandemic, semiconductor makers were talking up the idea of a “super-cycle,” a continuous rise in demand replacing the old boom-and-bust days of previous decades. Source: canon_shooter / Shutterstock.com That super-cycle is now becoming a super-shortage, as companies like Intel (NASDAQ:INTC) find it difficult to meet customer demands using global supply chains. The short-term
When I last discussed TPG Pace Beneficial (NYSE:TPGY), I voice some skepticism regarding the special purpose acquisition company. Scheduled to reverse merge with EVBox, an electric vehicle charging solutions provider, the outside fundamentals seemed supportive for TPGY stock. Source: VanderWolf Images / Shutterstock.com After all, everybody was going crazy for electric vehicles, which bode well
In this article HWIN Your Hometown Deli in Paulsboro, N.J. Google Earth Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the market, and one of his main examples was a tiny New Jersey deli with a market capitalization of more than $100 million. The Paulsboro, New Jersey-based Your
In this article PEP A trader works on the floor of the New York Stock Exchange. NYSE Everyone knew earnings were going to be good, but this is really good. “There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the
The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019. Carlo Allegri | Reuters The benchmark 10-year Treasury yield slid to a one-month low Thursday in a counterintuitive move that should be a positive for the stock market. Treasury yields, which move opposite price, had
President Biden’s proposed $2 trillion infrastructure plan was just what ChargePoint (NYSE:CHPT) needed. CHPT stock saw an awesome rally on this news. And, with $174 billion of the bill proposed for electric vehicles (including charging stations), it’s not a surprise that investors took the news and ran with it. Source: YuniqueB / Shutterstock.com Yet, after
Down nearly 46% in the past month, investors may wonder about the best move with Skillz (NYSE:SKLZ) stock. Should you stay away until it’s clear the dust has settled? Or should you “buy the dip” with this mobile gaming play? Cautious investors, wary of the deflating interest in this stock, may opt for the former.
Aphria (NASDAQ:APHA) stock is facing a challenging period following its third quarter earnings disappointment. Source: Shutterstock Aphria announced fiscal year 2021 third quarter financial results on April 12. The news was bad, and as a result share prices plunged. Next, on April 14, Aphria will hold a special meeting for shareholders to approve the Aphria-Tilray