I fully understand why it’s very tempting to buy Alibaba (NASDAQ:BABA) stock at this point. The company’s shares have tumbled a great deal in the last six months, yet the company remains one of the biggest and most successful e-commerce players on the planet, and its cloud business is still growing rapidly. Source: BigTunaOnline /
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In this article BTC.CM= Andrew Toth | FilmMagic | Getty Images “The Big Short” investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high to breach the $60,000 level. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry said in a Wednesday
Ozan Kose | AFP via Getty Images Cryptocurrency enthusiasts and the exchange-traded fund industry are bracing for the first bitcoin futures ETF to begin trading Tuesday, when the ProShares Bitcoin Strategy ETF is scheduled to debut at the New York Stock Exchange. There is, however, one catch: The ETF goes active unless the Securities and
In this article CRSR PSON-GB TFC SPCE MRNA PNC Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna added 3.2% in premarket trading after rising 3.2% yesterday, following an FDA panel recommendation for a booster dose of its Covid-19 vaccine. The panel recommended approval of a booster for people 65 and
The Hourly View for DNN Currently, DNN (Get Ratings)’s price is down $-0.01 (-0.61%) from the hour prior. The hourly chart shows that DNN has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Regarding moving averages, it should first be
Ready to charge up your electric vehicle stock holdings with a truly unique company? Lightning eMotors (NYSE:ZEV), producer of zero-emission buses, powertrains and charging products, is a small but ambitious business — but unfortunately, ZEV stock remains under-appreciated on Wall Street. Source: Shutterstock One interesting thing about Lightning eMotors is that it has a strategic partnership
Consumer staples stocks are a good source of stable dividends and steady growth from year to year. Businesses that sell products or services that consumers need in everyday life tend to have steady growth, even with the economy is in a recession. These companies are then able to provide dividends to shareholder, often raising them
Israeli online freelancer platform Fiverr (NYSE:FVRR) is the definition of a mixed bag. The company has some key strengths that are balanced out by some equally important weaknesses. I typically find it’s best to avoid companies like this unless their shares are trading at a very attractive valuation. In the case of FVRR stock, that
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In this article SPCE Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its
In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
The Hourly View for RLI Currently, RLI (Get Ratings)’s price is up $0.35 (0.34%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as RLI has now gone up 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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Barron’s magazine seems a little conflicted. On the one hand, they produced a positive story about Alibaba (NYSE:BABA) on Oct. 10. It indicated that famed investor Charlie Munger was “doubling down” in investments in BABA stock through Daily Journal (NASDAQ:DJCO), of which he is the Chairman. Source: Kevin Chen Photography / Shutterstock.com On the other
ContextLogic (NASDAQ:WISH) stock has kept falling this year, especially after its disastrous second-quarter results. WISH stock reached a recent peak on June 28 at $14.40 and has slumped to $5.18 as of Oct. 13. Source: sdx15 / Shutterstock.com In fact, as of Oct. 13, the stock is down more than 71.6% from $18.24 year-to-date. Investors
In this article RDW BKSY SPIR RKLB Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Private investment in space companies hit $3.9 billion in the third quarter, propelling this year to a new annual record of $10.3 billion, according to a report this week by New York-based firm
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
The Hourly View for INSP Currently, INSP (Get Ratings)’s price is up $2.08 (0.87%) from the hour prior. The hourly chart shows that INSP has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on
With its drop-off in price since last month’s short-squeeze rally, Vinco Ventures (NASDAQ:BBIG) may look to many like a “flavor of the month” penny stock. And true, BBIG stock does still need to live up to the hype. But at the same time, I wouldn’t write this one off as an opportunity. Source: shutterstock.com/Postmodern Studio
Zoom Video Communications (NASDAQ:ZM) was one of the prime beneficiaries of the coronavirus pandemic. It closed out 2020 with a colossal run rate of $3.5 million in revenues. However, judging from recent results, its top- and bottom-line growth are slowing as we inch closer to a post-pandemic reality. Moreover, ZM stock is incredibly overvalued based