I’d highly discourage you from investing in Peloton Interactive (NASDAQ:PTON) stock no matter what you hear about its possible turnaround. Source: JHVEPhoto / Shutterstock.com With the rise of the new Omicron variant, many investors may be looking to edge towards heavier portfolio allocation in “stay-at-home stocks.” Whether this would be a good move or not
An aerial view of Launch Complex 39A at NASA’s Kennedy Space Center shows where SpaceX had previously started work on a Starship launchpad (bottom right corner), captured during a flyover by the Inspiration4 crew on Sept. 13, 2021. John Kraus / Inspiration4 SpaceX has begun building a launchpad for its Starship rockets in Florida, CEO
Andrew Valenzuela is helped with his application during a job fair at a Post Office in Los Angeles, California on September 30, 2021, as the US Postal Service looks to fill 40,000 seasonal-worker positions in preparation for the winter holidays. Frederic J. Brown | AFP | Getty Images The Federal Reserve is expected to move
Rivian Automotive’s (NASDAQ:RIVN) management deserves praise for listing RIVN stock at the perfect moment as the stock shot to $180. Source: James Yarbrough / Shutterstock.com Rivian management’s celebration proved short-lived. The next day after the peak, sellers emerged. Despite the drop, RIVN stock could see ~ $180 again if investors look at what brought the stock
In this article ZEN Richard Drury | DigitalVision | Getty Images Company: Zendesk Inc. (ZEN) Business: Zendesk is a software development company that provides “software as a service” solutions for tracking, prioritizing, and solving customer support tickets across various channels. The company’s offerings include Zendesk Chat, a live chat software to connect with customers on
In this article MRVL BIG DOCU DIDI A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was
Chegg (NYSE:CHGG), which provides online education tools to students, recently reported disappointing third-quarter results, and the company is facing very steep macro challenges. Despite the sharp decline of CHGG stock, its valuation remains elevated, given the firm’s growth outlook, its macro issues and the relatively low barriers to entry in its sector. Source: Casimiro PT
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images It’s been a dismal week for Cathie Wood’s flagship fund, Ark Innovation, that’s left nearly all of her holdings in bear market.
Volatility could continue to plague markets after a week of violent swings that sent many stocks plummeting. In the week ahead, investors await more news on the omicron Covid variant and another inflation report Friday that is expected to show consumer prices remain the hottest in three decades. In the past week, stocks sold off
Peloton Interactive (NASDAQ:PTON) may seem like a bargain at today’s prices. At least, this is based on how things look on the surface. After its sharp drop in price, you may think that investors have overreacted when it comes to PTON stock by going from extremely bullish to extremely bearish. Source: JHVEPhoto / Shutterstock.com However,
In my previous article on Lucid Group (NASDAQ:LCID) I said that the launch of the Lucid Air would propel its stock upward. LCID stock has more than doubled since then from a price of under $20 to a Dec. 3 opening of $48.55. It was a pretty simple thesis as a successful launch would have
During tumultuous market periods, such as the one that has taken over since the newest variant of Covid-19 was discovered, investors tend to flock to safety. That can mean different things to different investors, but for dividend investors, the safety of reliable payouts can mean less volatility in one’s portfolio during periods of market weakness.
I wrote two articles today, one about IBM (NYSE:IBM) and the second about Shopify (NYSE:SHOP) stock. My opinion on both could not be any more different. I have very little faith in the turnaround efforts of IBM. On the other hand I have complete faith in the brilliance behind the SHOP stock. Shopify’s growth rates
Snap (NYSE:SNAP), the camera company that makes all its revenue from advertising, took a big tumble on Oct. 21 when it released its quarter-three earnings. Apple’s changes to the iOS platform that impact the way advertising is targeted, measured, and optimized hurt Snap’s revenue base. In short, people opted out of its ads. Since then,
Like many names in the fintech space, SoFi Technologies (NASDAQ:SOFI) stock has been falling for the last month. But some investors have still done well. The stock has seen massive price spikes and falls, and the consensus price target of analysts is $25.57. However, I believe SoFi is a solid long-term buy. Source: rafapress /
In the last two weeks, AT&T (NYSE:T) provided an update to shareholders and also attended a Wells Fargo conference where it talked about the company. But in both situations, even though questions came up about the Warner Media spin-off deal, no updates were given. As a result, T stock has been struggling, as people are
Vice President Kamala Harris speaks at NASA’s Goddard Space Flight Center on Nov. 5, 2021. Taylor Mickal / NASA The first National Space Council of the Biden administration is meeting on Wednesday, with Vice President Kamala Harris set to outline the White House’s approach to space policy. Revived after two decades under the previous presidency,
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Job growth is expected to have been strong in November, and employers likely continued to boost wages to attract and retain
It’s been nearly 38 years since AT&T (NYSE:T) became a stand-alone stock, replete with its “deathstar” logo, after the telecom giant was split into seven smaller telecom companies as part of one of the biggest antitrust cases in U.S. business. The classic $10,000 invested then would be worth $3.55 million today. Source: Roman Tiraspolsky /
I recommended Moderna (NASDAQ:MRNA) stock in late 2020 as part of a decade-long trend. But MRNA stock has been taken over by events surrounding the company’s COVID-19 vaccine. Source: Shutterstock Through the first three quarters of 2021, Moderna racked up $11.26 billion in sales. Analysts expect another $5.9 billion to come rolling in for Q4.