Chopsticks are used to carry the buds as card-carrying medical marijuana patients watch a weighing at Los Angeles’ first-ever cannabis farmer’s market at the West Coast Collective medical marijuana dispensary, on the fourth of July, or Independence Day, in Los Angeles, California on July 4, 2014 where organizer’s of the 3-day event plan to showcase
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Snowflake banners decorate the New York Stock Exchange to market the debut of the software company’s shares in New York on Sept. 16, 2020. Source: Snowflake Check out the companies making headlines in midday trading. Tesla — Shares of the electric automaker shed more than 3% ahead of the company’s widely-anticipated Battery Day on Tuesday. “Our
At this point, it’s difficult to find good coronavirus stocks to buy. After all, at this point the market has priced in both the direct and indirect effects of the pandemic. Biotech and pharmaceutical firms racing to develop a vaccine have seen their stock prices soar. “Work from home” beneficiaries like Zoom Video Communications (NASDAQ:ZM)
DraftKings (NASDAQ:DKNG) has been on fire over the past month, with DraftKings stock rising more than 50% during that stretch thanks to a wave of favorable business developments, the most noteworthy of which is an exclusive Daily Fantasy Sports partnership with ESPN. Source: Lori Butcher / Shutterstock.com Before this huge breakout in DraftKings stock, I
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CNBC’s Jim Cramer said Thursday that investors will want to have money in the stock market if Congress approves another coronavirus relief bill. “If we get a stimulus package and you’re out of the market, you will feel awful,” Cramer said on “Squawk on the Street.” ”I do feel the stimulus package is very hard to get.
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its
The biggest challenge for the restaurant industry right now is the novel coronavirus pandemic. And that has been an interesting situation for restaurant stocks. It limits indoor seating in most states, and not being able to fill the seats really hurts over time. And new research shows that restaurants remain one of the most significant
The race for a vaccine for the novel coronavirus has been a hot topic among investors for good reason. Investors who pick winners early will likely become millionaires overnight. That’s the only reason Novavax (NASDAQ: NVAX) is on traders’ radar right now. Over the past year, NVAX stock has hit $189 per share, but it’s
If you’re Shopping for Growth and Value Check These Out.
It was a quadruple witching day, one of four in the year that can create tough trading environments amid choppy price action. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Apple (AAPL) Big tech hasn’t been doing great. And with its
Investors in FuelCell Energy (NASDAQ:FCEL) have waited over a decade for good news. All they got in Q2 was another $15 million loss to add to their $1.1 billion accumulated deficit. Shares dropped -18%. Source: Kaca Skokanova/Shutterstock Please. I’m asking. It’s time to stop throwing good money at bad stocks. FuelCell may have been a
Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure. As the coronavirus pandemic forces millions
A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images After another week of losses, tech could be at the heart of a tug of war as dip buyers
Last week, DraftKings (NASDAQ:DKNG) stock was trading well. Shares were climbing despite the overall market — and tech stocks specifically — taking a painful slide. Because of that strength last week, DraftKings stock was on a lot of investors’ radar coming into this week. Source: Lori Butcher / Shutterstock.com What many weren’t expecting, though, was
The stock market can be broadly separated into two groups — dividend stocks and non-dividend stocks. Among stocks that pay dividends to shareholders, most do so on a quarterly basis. But there are other directions a company can take with its capital return policy. Some companies decide to pay a dividend once per year, while
Genius Brands (NASDAQ:GNUS) stock is trading just above $1 per share after skyrocketing from late May to early June. Shares of the entertainment company reached as high as $8 before flatlining, and it doesn’t look like the free fall will stop anytime soon. Source: Syda Productions/ShutterStock.com Credit should be given where it’s due. CEO Andy
Chime CEO Chris Britt Source: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Robinhood, the popular
A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Stock picking has a terrible track record, and it’s getting worse. That’s the thesis of Larry Swedroe and Andrew Berkin’s book, “The Incredible Shrinking Alpha,” just out in its second edition. Swedroe is
Check out the companies making headlines in the premarket Friday: Home Depot (HD), Lowe’s (LOW) — An analyst at Oppenheimer downgraded both of the home improvement companies to “perform” from “outperform.” He also lowered his price targets on the two stocks, noting that, near term, “we’re increasingly concerned that the market is becoming too lax toward chances