Right after the release of its earnings on Nov. 7, Roblox’s (NASDAQ:RBLX) stock jumped 40%. It hasn’t stopped since. Source: Michael Vi / Shutterstock.com RBLX stock has moved even higher in recent days, breaking past a strong resistance level at $90 and topping the $140 mark. and even though it pulled back slightly, Roblox is
In this article ANF ZM WDC BBY A view of a Best Buy retail store on August 29, 2019 in San Bruno, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Tusday: Occidental Petroleum, APA Corp — Energy stocks gained after the White House announced the U.S. will release
JPMorgan Chase & Co. upgraded shares of Deliveroo (OTCMKTS:DROOF) from a neutral rating to an overweight rating in a research report released on Wednesday morning, The Fly reports. Shares of DROOF stock opened at $4.35 on Wednesday. The stock has a 50-day moving average of $3.98 and a 200-day moving average of $4.22. Deliveroo has
Peloton (NASDAQ:PTON) stock is not for the faint of heart investors. Source: JHVEPhoto / Shutterstock.com The company had the misfortune of coming to market just before the pandemic hit. The first few months of existence were going fairly well. PTON investors succeeded at building a base. There were sizable rallies and reasonable declines, but then
As a long-term, buy-and-hold investment, Didi (NYSE:DIDI) stock is a highly logical choice. That said, there’s just too much regulatory risk. Source: Piotr Swat / Shutterstock.com There seems to be mounting evidence that the ridesharing company faces a potential delisting from the New York Stock Exchange. It is well known that China continues a broad
In this article MSFT RCL DAL ZM A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Check out the companies making headlines before the bell Friday: Travel and leisure stocks – Airline stocks are getting hit hard in
Barclays initiated coverage on shares of HireRight (NYSE:HRT) in a research note published on Tuesday morning, Price Targets.com reports. The brokerage issued an overweight rating and a $30.00 price target on the stock. Other research analysts have also issued reports about the stock. Robert W. Baird initiated coverage on shares of HireRight in a research
Equity prices on Wall Street have never been higher, yet Zillow (NASDAQ:ZG) stock is 73% off its highs. A year ago, ZG stock exploded in a 140% rally to start the year. Then its momentum died suddenly in the middle of February. The bears have controlled the price action since then in a harsh descending
The S&P 500 is on fire at the moment on the heels of an excellent earnings season. It seems that nothing can stop the current bull run as the markets have proved very resilient. But some are still sounding the alarm that a steep market correction is near, which means it is the right time
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2021. Brendan McDermid | Reuters Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday’s employment report and other data in the week ahead show the economy has been getting stronger.
The Sage Group (LON:SGE) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 520 ($6.79) to GBX 570 ($7.45) in a research report report published on Tuesday, Price Targets.com reports. They currently have a sell rating on the stock. Several other equities analysts have also recently issued reports on the company. Morgan Stanley
For this week’s Mastermind discussion Stig has invited Tobias Carlisle from Acquirer’s Fund, Jake Taylor from Farnam Street Investments, and Dr. Wes Gray from Alpha Architect. All three guests are highly successful asset managers. They’re discussing why it’s too simplistic to argue that low-interest rates are pushing up stock prices and much more. IN THIS
Ready to step directly into the metaverse? Or at least, get portfolio exposure to it? If so, then consider spatial data company Matterport (NASDAQ:MTTR), as MTTR stock is a pure-play investment in the metaverse’s future growth. Source: Ken Wolter / Shutterstock.com It’s a speculative play, I’ll admit. The metaverse is still a new concept to
SoFi Technologies (NASDAQ:SOFI) is a fintech company seeking to disrupt the traditional banking market. SOFI stock officially launched earlier this year after it completed a merger with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs). Source: rafapress / Shutterstock.com Out of the gate, SoFi generated a lot of excitement. Unlike some of its fintech
Jim Cramer Scott Mlyn | CNBC Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re
In this article ZM UAL NCLH RCL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading Friday: United Airlines, American Airlines – Airline stocks were hit hard during Friday’s sell-off, as the new Covid variant
Foundry Partners LLC bought a new position in shares of Comcast Co. (NASDAQ:CMCSA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 474,680 shares of the cable giant’s stock, valued at approximately $26,549,000. Comcast accounts for about 1.0% of Foundry Partners LLC’s investment portfolio,
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Countries all across the world are taking the big step to slash carbon emissions. What does that mean for Nio (NYSE:NIO) stock? Source: Sundry Photography / Shutterstock.com In the U.S., President Joe Biden announced a goal of a 50% reduction in greenhouse gas emissions by 2030. This move gave a direct push to electric vehicle
When investors abandoned Peloton (NASDAQ:PTON) stock in droves after the company posted quarterly results on Nov. 4, people should have expected it. Source: JHVEPhoto / Shutterstock.com Since July, when PTON stock peaked, bulls failed to take the share price above the 50 and 200 day moving averages. The leisure stationary exercise bike maker suffers from
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