SoFi Technologies (NASDAQ:SOFI) has been plummeting this week on fears of another pause on federal student loans. Today, the White House extended its moratorium on federal student loan payments through Aug. 31. SOFI stock is so far down about 6% today. Following this, borrowers will be required to start repaying their loans again. In this
Month: April 2022
Frontier Group (NASDAQ:ULCC – Get Rating) is one of 34 publicly-traded companies in the “Air transportation, scheduled” industry, but how does it contrast to its peers? We will compare Frontier Group to similar businesses based on the strength of its earnings, valuation, profitability, dividends, institutional ownership, analyst recommendations and risk. Valuation and Earnings Get Frontier
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities. A swap execution facility, or SEF, is an electronic
Remy Gabalda | AFP | Getty Images A fertilizer shortage has added to growing concerns about the Ukraine war’s impact on the price and scarcity of certain basic foods. Combined, Russia and Belarus had provided about 40% of the world’s exports of potash, according to Morgan Stanley. Russia’s exports were hit by sanctions. Further, in
Piper Sandler released the results of its semi-annual survey Taking Stock With Teens on April 6. The findings were good news for Amazon (NASDAQ:AMZN) and owners of AMZN stock. The survey collected data from 7,100 teenagers between Feb. 16 and March 22. It gathered input from high school teens about their favorite brands, spending patterns
Last year, metaverse pioneer Roblox (NYSE:RBLX) had a horrendous run at the stock market, but it didn’t stop the board from handsomely rewarding its CEO David Baszucki. He’ll bag a whopping $234 million windfall over the next five years, while Roblox looks to turn a profit. More than $232 million of the compensation is linked
Robeco Institutional Asset Management B.V. increased its stake in shares of Tractor Supply (NASDAQ:TSCO – Get Rating) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 319,454 shares of the specialty retailer’s stock after purchasing an additional 16,333 shares during
In this week’s episode, I ask the question of does technical analysis actually works? And why does it work? For some of you who are a little more skeptical about technical analysis or are just getting into technical analysis, I want to share with you the concept of technical analysis. Also, I want to share
Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential
H&M (HNNMY): Has a robust balance sheet with effective operational control Chico’s FAS (CHS): Encouraging outlook ahead after its digital transformation Jerash Holdings (JRSH): A stable business which also offers a healthy dividend Source: Africa Studio/shutterstock.com The apparel industry was among the hardest-hit sectors in the past couple of years. However, with the Coronavirus in
Covestro AF (OTCMKTS:COVTY): A leading polymer player with cheap multiples Altria (NYSE:MO): Profit margins are expected to increase significantly this year Societe Generale (OTCMKTS:SCGLY): Excessive bearish sentiment offers a good entry point into this leading European bank Rubis (OTCMKTS:RBSFY): Despite underperforming crude markets, the niche oil company has solid financials Engie SA (OTCMKTS:ENGIY): Utility hard
After jumping 10.47% on Monday, FuboTV (NYSE:FUBO) has lost almost 7% today. This drop comes days after dropping its lowest-end sports bundle. The leading sports streaming platform has had a rough start to the year, as shares plunged 57% year-to-date. Despite robust top-line growth, FUBO stock has a disappointing bottom line and high costs make
Swipe (SXP) traded 3.5% lower against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on April 5th. Swipe has a total market capitalization of $244.40 million and $59.81 million worth of Swipe was traded on exchanges in the last 24 hours. One Swipe coin can now be bought for approximately $1.26
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon Musk had taken a 9.2% passive stake in Twitter. Tesla (TSLA) – Tesla delivered just over 310,000 vehicles during the first
Advanced Micro Devices (AMD) may be down but it is a chance to buy more. The company is well-placed in the industry and is in the right hands. A dip due to analyst rating is not a reason to avoid the stock. Source: Fabio Alcini / Shutterstock.com AMD stock is down after the analysts at
Shares of Starbucks (NASDAQ:SBUX) are under pressure today on news that another of the coffee chain’s retail outlets has voted to unionize and the company is halting its share repurchase program. SBUX stock is down over 4% today after newly installed interim Chief Executive Officer (CEO) Howard Schultz suspended the company’s $20 billion share buyback
Commonwealth Equity Services LLC boosted its holdings in U.S. Bancorp (NYSE:USB – Get Rating) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 499,998 shares of the financial services provider’s stock after purchasing an additional 12,634 shares during the quarter. Commonwealth Equity
Though consumer staples aren’t the sexiest stocks on the Street, as the more difficult summer months unfold, these seven could bring added growth and stability to your portfolio. Many sectors began the second quarter on a weak note after very choppy trading in March. The Consumer Staples and Health Care sectors clearly had the best
In this episode, Preston and Stig review the best selling book, Good to Great, by Jim Collins. This book has been recommended by billionaire Jeff Bezos and numerous other successful business owners. This book teaches people how to focus on hiring the right people, getting divisions to perform like hedgehogs, and how to create flywheels