After a burst of initial interest, Digital World Acquisition’s (DWAC) merger partner, Trump Media & Technology Group, is losing momentum in its Truth Social app As Donald Trump seems to have lost interest, there’s been much less activity on the site Apart from the Truth Social app, there is little in the TMTG portfolio that
Month: April 2022
WEMIX (WEMIX) traded up 0.2% against the US dollar during the 1 day period ending at 20:00 PM Eastern on April 2nd. One WEMIX coin can currently be purchased for approximately $4.44 or 0.00009681 BTC on popular exchanges. WEMIX has a total market cap of $547.36 million and $36.97 million worth of WEMIX was traded
Trey Lockerbie sits down with Arif Karim to talk about Netflix. Arif holds a degree in economics from MIT and is a Sr. Investment Analyst at Ensemble Capital. Netflix is another amazing example of a company with an incredible flywheel effect. A lot of people stated that Netflix would never be profitable, and yet, they
In this article SNAP TELL WYNN Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Friday: Tellurian — The liquified natural gas company (LNG) surged 19.4% after Credit Suisse
Nike (NKE): Best-of-breed apparel maker and a leader in sports apparel. Alphabet (GOOGL, GOOG): Owns the top two websites in the world. Apple (AAPL): Unrivaled business model with its Products and Services businesses. Visa (V): Runs a near-duopoly on the credit card market. MasterCard (MA): Like Visa, operates with impressive margins and cash flow. Nvidia
Vinco Ventures (BBIG) stock has rallied nearly 27% in the past month on very little news The company has a very vague business model and fundamentals that are weak, so this rally looks speculative with high odds of a reversal Investors should not get carried away by this penny stock, but wait for the latest
Gates Industrial Corp PLC (NYSE:GTES – Get Rating) major shareholder Aggregator (Cayman) L.P. Omaha sold 13,750,000 shares of the firm’s stock in a transaction dated Wednesday, March 30th. The shares were sold at an average price of $15.14, for a total value of $208,175,000.00. The transaction was disclosed in a legal filing with the Securities
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. Brendan Mcdermid | Reuters The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher
Broadcom (AVGO) — A leader among semiconductor stocks, AVGO excels in two different tech areas. ChipMos Technologies (IMOS) — Investors can rely on IMOS stock for its low valuation and solid dividends. Intel (INTC) — Intel is aiming to become the top semiconductor manufacturer by 2025. Source: Shutterstock Since the stock market bottom in March
Esports ecosystem provider Motorsports Games (NASDAQ:MSGM) was punished by the market after releasing disappointing fourth-quarter and full-year earnings results. The losses were so bad in fact that MSGM stock dropped nearly 36% on the day they were released. Although esports is an industry with projected compound annual growth rates of 17.5%, and MSGM stock is
In this article GME GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of Class A common stock from 300,000,000 to 1,000,000,000 to partly conduct
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. Brendan Mcdermid | Reuters Stock futures rose early Thursday as investors assessed a new quarter of trading and a troublesome bond market recession indicator. Investors were also awaiting the official jobs report for March, which
Shares of Chinese electric vehicle maker Nio (NYSE:NIO) have been on a steady decline since late last year due to a confluence of factors, some of which are unrelated to the company. For starters, the macroeconomic picture has been unfavorable to high-growth plays, including NIO stock. Furthermore, investors have been leery of Chinese companies, as the
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields can be a warning sign that the underlying company’s business is struggling or, worse for income investors, that the dividend could be at risk for of being cut. However, when those stocks offering high yields
The first time I weighed in on Affirm Holdings (NASDAQ:AFRM), I said, “[T]he buy now, pay later (BNPL) boom shows no signs of slowing. Expected industry growth is off the charts, too. According to Bank of America, the BNPL market could grow 10x to 15x by 2025, and could eventually process up to $1 trillion
dotdigital Group Plc (OTCMKTS:DOTDF – Get Rating)’s stock price traded down 0.9% during mid-day trading on Thursday . The company traded as low as $1.10 and last traded at $1.10. 100 shares were traded during mid-day trading, a decline of 81% from the average session volume of 519 shares. The stock had previously closed at