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Month: August 2021
ViacomCBS (NASDAQ:VIAC) shareholders have had an almost indescribable 2021. VIAC stock started off the year with a surge that saw shares shoot up in value 174% by mid-March. Then, they crashed. Catastrophically. VIAC shed over half of its value in a single week. The company has had a major share offering, it’s been a meme
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Chime CEO Chris Britt Source: Chime Chime said Friday it raised $750 million in a Series G funding round that values the fintech company at $25 billion. That’s $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime — a so-called challenger bank known for fee-free banking,
In this article AMD RKT DIS HNST PFE ABNB General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California. AaronP | Bauer-Griffin | GC Images | Getty Images Check out the companies making
One of the most interesting things about fuboTV (NYSE:FUBO) stock is the company’s plans for its sportsbook. The project could be revolutionary, as it combines streaming services with online gaming. Naturally, FUBO stock stands to benefit from this move. Source: Tada Images / Shutterstock.com As a result, investors wanted more information about its sportsbook when
Marin Software (NASDAQ:MRIN), which makes enterprise software for the advertising industry, cratered over the last month. I think it is likely to still drop further. MRIN stock closed at $14.45 on July 12 when I wrote that it was likely to drop much further. At the close on Aug. 12, it was at $5.67 and
The Hourly View for CIB At the moment, CIB (Get Ratings)’s price is down $-0.04 (-0.14%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Of note is
Most people on TV have an agenda to some degree. For example, if someone on TV says a stock is going to tank, they may be looking for their audience to sell the stock so they can purchase it at a lower price. They need a large group of people to change their persuasion in
Two Zacks #1 Ranked, Strong Buy, Specialty Retailers in Focus.
In this article AJRD BA Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance Boeing’s second uncrewed flight test of its Starliner spacecraft is delayed for at least two months due to issues with the capsule’s propulsion valves, the company said
Traders on the floor of the New York Stock Exchange, June 18, 2021. Source: NYSE Stock rotation: anti-lockdown, anti-low yields. We are halfway through the third quarter, with the S&P 500 up a respectable 3.8% in the last six weeks. Even while a lot of traders are on the beach, there are two big narratives in
Traders works at the New York Stock Exchange (NYSE), August 4, 2021. Andrew Kelly | Reuters Investors bid up cyclical stocks in the past week, but the economy will have to prove that the reflation trade — a bet on economic growth — is the way to go as concerns about Covid linger. Markets are
Marathon Digital (NASDAQ:MARA) now finds itself in the middle of a Bitcoin (CCC:BTC-USD) mining bonanza. This is because the Chinese government shut down most of the country’s Bitcoin mining operations over the past two months. As a result, Marathon Digital has seen several benefits. In fact, the situation is going to raise the value of
I have written two articles about Ocugen (NASDAQ:OCGN) in the past and I must say that if I had to summarize OCGN stock in two words, they would be irrational exuberance. Source: shutterstock.com/PhotobyTawat As of August 9, 2021, the company has a market valuation of $1.61 billion with zero revenue for 2019 and 2018. Yahoo!
The Hourly View for PBR Currently, PBR (Get Ratings)’s price is down $-0.09 (-0.85%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as PBR has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on
In this article SONO COIN HIMS MU MQ BMBL Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Check out the companies making headlines in midday trading. Opendoor — Opendoor soared about 18% after reporting a quarterly loss of 24 cents per share, 10 cents less
Shares of up-and-coming electric vehicle company Fisker (NYSE:FSR) are on an up-and-down ride. FSR stock jumped almost 50% in a month, then dropped 17% on Aug. 12. Source: Eric Broder Van Dyke / Shutterstock.com Multiple catalysts drove it higher, including its manufacturing contract with Magna (NYSE:MGA), and its addition to the Russell 3000 index. But
Seemingly out of nowhere, presidential and mayoral candidate Andrew Yang brought to the mainstream several ideas that absolutely needed to be talked about, one of them being data as the current century’s gold or oil. Since data is so valuable, it can theoretically fund multiple initiatives. For Palantir Technologies (NYSE:PLTR), that sounds just about right.
The Hourly View for SC At the moment, SC (Get Ratings)’s price is up $0.13 (0.31%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages
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