In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly
Month: August 2021
The uniqueness of The Original Bark Company’s (NYSE:BARK) offerings, the strength of its sector, and its reasonable valuation make me bullish on BARK stock. The Original Bark owns and operates an e-commerce website for dog owners (or dog parents, if you’d prefer) called BarkBox. Source: IgorGolovniov / Shutterstock.com Also making me upbeat on the shares
Inflation has definitely penetrated the U.S., as the June U.S. producer price index jumped 7.3% year-over-year and 1% month-over-month. The YOY surge was the highest on record. Investors looking for a conservative way to combat the inflation, which will probably stay elevated for at least the next year, should consider safe, high-yield stocks. Certainly, a
Palantir (NYSE:PLTR) is a company that I cannot find a better phrase to describe than the well-known “Houston, we have a problem.” PLTR stock made its debut in 2020 through a standard IPO and gained significant traction in early 2021. With a 52-week high price of $45, it has sold off that early traction in
The Hourly View for SPGI At the time of this writing, SPGI (Get Ratings)’s price is down $-3.99 (-0.9%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The
In this article VRA VERA A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters JPMorgan Chase‘s new healthcare unit has made its first investment, CNBC has learned exclusively. The bank has agreed to invest $50 million in Vera Whole Health, a Seattle-based start-up that
In this article ROKU UBER WYNN MGM EA ETSY Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Check out the companies making headlines after the bell: Etsy — Etsy shares fell 14% in extended trading despite reporting second-quarter adjusted income and revenues ahead of what analysts had forecast. The company also provided third-quarter financial
Compass Pathways (NASDAQ:CMPS) has been beaten up lately. But the fundamentals are rapidly improving, making now a great time to buy this psychedelic stock. Source: Shutterstock CMPS and other companies championing psychedelic-based therapies are seeing legalization tailwinds grow rapidly. Many cities across the U.S. are in talks to decriminalize psilocybin, among other substances. Cities in
When it comes to dividend stocks, income investors would do well to determine the best sectors to buy from. Certain sectors lend themselves to longevity, stable earnings and strong fundamentals. One such sector is tobacco stocks, which collectively offer investors many of the attributes that make for great dividend stocks. One of those attributes is
Last month, Marin Software (NASDAQ:MRIN) enjoyed a meme stock rally that made similar runs seem tame by comparison. But that doesn’t mean it’s wise to buy MRIN stock now as it crashes back to earth. The circumstances that helped the digital marketing software stock rise 16-fold aren’t likely to repeat themselves. Three factors worked in
The Hourly View for GDDY Currently, GDDY (Get Ratings)’s price is down $-0.27 (-0.32%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as GDDY has now gone down 4 of the past 5 hours. If you’re a trader with a preference for rangebound markets, you may wish to
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In this article HOOD Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021. Source: The Nasdaq Robinhood shares are jumping in early trading on Wednesday, setting the newly public stock trading app up to extend its 24% rally from the previous session. Shares of Robinhood popped
In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of
We’ve just made it through the worst of a global pandemic, and, in many respects, Covid-19 has served as a dry run for what life might be like in an apocalypse. To be sure, an apocalypse could be a little more intense than the pandemic was, but sheltering in place, relying on remote communications, and
Telecom titan AT&T (NYSE:T) is a company that your grandparents might have invested in. I consider T stock to be an all-wealth holding – something that offers security through both good and bad times. Source: Jonathan Weiss/Shutterstock Still, even a huge company like AT&T has to execute as the stakeholders expect results, quarter after quarter. The
This was supposed to be a comeback year for Carnival (NYSE:CCL) stock, but the world’s largest cruise operator already seems to be taking on water. With only four cruise ships that have resumed operations so far, the company cannot gain momentum during the peak summer season. Last week, a U.S. Court of Appeals ruling reversed
The Hourly View for OKTA At the moment, OKTA (Get Ratings)’s price is down $-2.16 (-0.88%) 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 100 hour timeframe. Regarding moving averages,
SpaceX rolls out Super Heavy Booster 4 in preparation for the company’s first orbital Starship launch. Elon Musk SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle. A look inside SpaceX’s high bay after
Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines after the bell. Lyft — The ride sharing company’s stock gained more than 1% after it reported quarterly results that beat analysts’ estimates. The company said demand continued growing in July even with heightened Covid-19 cases. Lyft reported a loss of