On Oct. 14, the Securities and Exchange Commission (SEC) released a report that tries to explain the saga that pushed up GameStop (NASDAQ:GME) over 10 times in price this year. For example, GME stock ended Dec. 31, 2020, at $18.84 and was trading for $208.64 by mid-day Nov. 18. Source: Northfoto / Shutterstock.com Moreover, at
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“The Great Resignation” has suddenly come to the forefront. Economists and political commentators are using it broadly to make a variety of points about business, labor conditions and society at large. This can be confusing, however, as many people are trying to use the newly-emerging concept to push their own preferred narrative. So let’s start
In this article GM WIX NFLX SQ NVDA The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Earnings season is drawing to a close, and companies have offered investors and analysts insight into their plans for growth in the coming
The Hourly View for DY At the moment, DY (Get Ratings)’s price is down $-0.24 (-0.28%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of note is that the 20 hour
SoFi Technologies (NASDAQ:SOFI) announced on Nov. 15 that a number of its original shareholders were going to sell some of their shares. This included Softbank (OTCMKTS:SFTBY), and some VC/private equity firms (Silver Lake Partners, Qatar Investment Authority, Red Crow Capital, LLC, etc.). The resulting sale of SOFI stock has pushed down the price by about
QuantumScape (NYSE:QS) is back on the upswing. After a difficult year for QS stock, shares have doubled in recent weeks. The stock is still down sharply from its old highs, but at least shareholders have some reason for optimism. Source: Michael Vi/Shutterstock.com There are two things powering up QuantumScape here. For one, the company announced
CNBC’s Jim Cramer said Friday the recent market underperformance of non-tech stocks gives investors the chance to purchase names that do well when Americans spend their money. “What an opportunity to buy things that are being thrown away left and right,” Cramer said on “Squawk on the Street,” as Dow futures pointed to an over
In this article VSCO BBWI CSCO NVDA SONO Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Check out the companies making headlines after the bell: Nvidia — Shares of the chip stock gained about 3% in extended trading after issuing strong fourth quarter revenue guidance and beating on the top and bottom lines of
The Hourly View for BRC At the time of this writing, BRC (Get Ratings)’s price is down $-0.25 (-0.51%) from the hour prior. BRC has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the
Preston Pysh talks with entrepreneur and best selling author, Jeff Booth. They discuss what a hyper-bitcoinized world might look like and what timeframe it might take to occur. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:04:32 – Jeff’s Thoughts on the Supply Chain Impacts. 0:11:33 – How He Sees Central Bankers Adjusting Policy Moving
Palantir (NYSE:PLTR) might be on cloud nine after posting another solid quarter of earnings. Altogether, when you add in several contract wins, it seems like the data analytics company can’t put a foot wrong. However, there are genuine concerns about overvaluation here. Right now, PLTR stock is trading at nearly 110 times forward earnings, according
IonQ (NYSE:IONQ) has been on a run. IONQ stock doubled in November. Heading into the company’s third-quarter results, it appeared that the stock’s momentum might dampen a bit following the earnings release. Source: Shutterstock The company announced its quarterly results on Nov. 15. Not surprisingly, given its startup status, IonQ generated a mere $223,000 of
In this article DLTR People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Company: Dollar Tree Inc. (DLTR) Business: Dollar Tree operates discount variety retail stores. It operates through two segments: Dollar Tree and Family Dollar.
In this article BA MRNA HOOD .BBKA FL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading. United Airlines, Boeing — Shares of travel-related stocks dipped after Austria announced earlier in the day that it would
The Hourly View for RRD RRD (Get Ratings)’s 9.35 RR Donnelley & Sons Co in the hour prior was especially unusual given the typical amount recorded over the past 30 hour. This move is a reversal from the hour prior, which saw price move down. From a hourly perspective, the market looks fairly choppy; clear
With ample liquidity in the financial system, 2021 has been a banner year for wealth creation. Be it equities or cryptocurrency, multifold returns over just a few months or even weeks have been frequent. Of course, there have been speculative stocks to buy among the top performers. However, I prefer to focus on non-speculative stories
Investors in the past several months have become increasingly worried about inflation. That is a real threat to equity prices, as well as the purchasing power of dollars. However, that doesn’t mean investors have no way to benefit. Commodities tend to perform well on an absolute and relative basis during periods of higher inflation, and
Ford Motor (NYSE:F) stock is up more than 100% year-to-date, but people still don’t seem to believe in it as an electric car company. Source: Proxima Studio / Shutterstock.com Lucid Group (NASDAQ:LCID), which just delivered its first car, is the latest electric start-up to pass Ford in market cap. Before that Rivian (NASDAQ:RIVN) did it,
In this article M0Y-DE A rendering of the company’s laser communications system on satellites in orbit. Mynaric German laser communications company Mynaric listed on the Nasdaq in the past week and CEO Bulent Altan, a former SpaceX executive, spoke to CNBC about the company’s U.S. debut and plans for further growth. The company raised $75.9
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. Brendan McDermid | Reuters If history is a guide, the market should do well in the upcoming Thanksgiving holiday week. The S&P 500 was slightly higher in the past week, buoyed by positive economic reports,