Skillz (NYSE:SKLZ) stock has been taking a beating, but underneath the weakness in share price, the operating fundamentals behind SKLZ are improving. More specifically, we’re huge fans of the company’s technological expansion. Source: Gorodenkoff / Shutterstock.com Skillz currently offers a variety of mostly casino-like games like Solitaire, 21 Blitz and pool, as well as some
Month: August 2021
Dividend investors often pay attention to stocks with the highest yields, and understandably so; the appeal of a big yield for income-focused investors is difficult to overlook. But over time, investors can often generate larger dividends by selecting quality blue chip stocks with high levels of dividend growth, rather than simply chasing the highest yield
Back in January, I covered Sundial Growers (NASDAQ:SNDL) and wrote a bearish article. Essentially, I called SNDL stock a gamble. Now, seven months later, things have not changed much. Source: Shutterstock Of course, it’s hard for a company to present enough news and positive financial performance to radically change an investment thesis over such a
The Hourly View for MXIM At the moment, MXIM (Get Ratings)’s price is up $0.25 (0.25%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as MXIM has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50
On today’s show Preston talks with Max Keidun about peer to peer lending (P2P) on HodlHodl. They discuss the differences between centralized platforms and the risks and rewards associated with using P2P services. IN THIS EPISODE, YOU’LL LEARN: – What are the primary differences between peer to peer lending/borrowing and centralized lending – How is
SpaceX added subscribers to its Starlink satellite internet service, with Elon Musk’s company saying it now serves about 90,000 users around the world. The company gave an update on Starlink’s growth in a July 29 call with Federal Communications Commission officials, noting that the service now has users in 12 countries. The new user total,
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says crypto assets need a lot more regulation before they can move forward. “This asset class is
In this article AAL TTWO CLX UAA HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images
Even with the headwinds related to the pandemic, cruise stocks have trended higher in the last 12-months. A key reason is a positive outlook for 2022 and beyond. Further, most cruise companies have strengthened their balance sheet to navigate an extended period of cash burn. It’s worth noting that the cruise industry revenue plunged to
Many AT&T (NYSE:T) investors may wonder whether it’s time to cash out, as the company is anticipated to cut its dividends. But I’m urging investors to rethink their stance, as there’s a very good reason behind the dividend cut, which could benefit investors after considering the capital gains versus dividend income tradeoff. In addition, investors
Nio (NYSE:NIO) stock has an awful lot riding on its upcoming earnings report. Source: Sundry Photography / Shutterstock.com For any publicly traded company, earnings reports are critical as they present a showcase for stakeholders and prospective buyers. But for Nio, the financial disclosure for the second quarter will truly determine whether people can trust its
The Hourly View for OMC At the time of this writing, OMC (Get Ratings)’s price is up $0.63 (0.88%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of
AMD is overbought and behaving strong relative to the SMH semiconductor ETF. In this video we discuss the strategy of how we will short the stock. The strategies are 1) short common shares 2) buy puts 3) options credit spread 4) options short strangle. ✅14 Day Free Trial Membership! Join 2 Weeks Free ✅$100 /
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
In this article UIS SPG TTWO Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell: Take-Two Interactive Software — The video game company saw
History has repeatedly shown that market crashes are almost a “natural” part of the investing cycle. On July 19, the S&P 500 saw its worst single-session plunge in months, fueling speculation that a major correction might be around the corner — and that will provide stocks to buy. The spread of the delta variant, which
ExxonMobil (NYSE:XOM) announced very satisfactory second-quarter results on July 30, but the shareholders seem to want more. The problem is the company is doing exactly what it should do with its cash flow. It’s covering its very ample dividend, paying down debt, and paying for necessary capital expenditures. In short, XOM stock is still very
Bionano (NASDAQ:BNGO) is a small life sciences company. Biotech companies use Bionano’s Saphyr system for researching DNA and to diagnose illnesses caused by genetics. Up until recently, Bionano has had difficulty achieving widespread market adoption for Saphyr. However, BNGO stock has gone on a wild ride over the past year as traders gravitated to Bionano’s
The Hourly View for VEEV Currently, VEEV (Get Ratings)’s price is up $3.96 (1.2%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Regarding moving averages, it should first be noted that
On today’s episode of Bitcoin Fundamentals, Preston talks with bond expert, Greg Foss, about the potential impacts of Bitcoin on the global credit market and overall financial system. IN THIS EPISODE, YOU’LL LEARN: – What were some early lessons that Greg learned that shaped the way he sees the investing world – How does he