Concerns that the U.S. government will ban the Chinese social media app TikTok is taking its toll on Fastly (NYSE:FSLY) stock, with the company’s shares down nearly 33% over the past month. Source: Pavel Kapysh / Shutterstock.com Does this mean the dramatic ride in Fastly is coming to an end? Not at all. And despite
The race to develop a vaccine to fight the novel coronavirus is like any other competition. There are going to be winners and losers. It appears iBio (NYSEAMERICAN:IBIO) will be in the latter the camp despite the fact that IBIO stock is up 691% this year. Source: Shutterstock On balance, a 691% gain in less
Muneeb Ahmad Muneeb Ahmad Muneeb Ahmad, a 24-year-old University of Michigan graduate with a computer science engineering degree, repaid $61,400 of student loans in full in 1.5 years. Here’s how. Zack Friedman: How did you pay off your student loans so quickly? What strategies did you use? Muneeb Ahmad: All my elder siblings finished their
SpaceX deploys 60 Starlink satellites in orbit. SpaceX SpaceX gave an update on early tests of its Starlink satellite internet network, which showed speeds capable of playing online video games and streaming movies. Starlink is the ambitious plan by Elon Musk’s company to build an interconnected network of about 12,000 small satellites in low Earth orbit.
You knew this was coming. The market internals had been flashing warning signs for a couple weeks: very few new highs, very sloppy advance/decline line, low short interest, and a lot of talk about FOMO (Fear of Missing Out) and TINA (There Is No Alternative). All signs of frothiness. So what is this? Is this
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters When stock buying starts to get giddy, at some point, the froth has to blow
There’s no need to hit the panic button on At Home (NYSE:HOME) even though HOME stock plunged in early September. Source: Shutterstock.com The fall came after the home goods retailer reported second quarter numbers that — while very strong — weren’t strong enough to justify what had been a 384% rally in the stock in
I pounded the table for Advanced Micro Devices (NASDAQ:AMD) six years ago, when it named Dr. Lisa Su as CEO. I liked AMD stock at $20, and even $40. It’s a great company. She’s a great leader. AMD makes faster microprocessors than Intel (NASDAQ:INTC). It’s competitive in graphics with Nvidia (NASDAQ:NVDA). Source: Casimiro PT /
The market had expected a 48 bcf injection Natural gas pulls back Inventories remain at a high level 11 weeks to go until the 2020/2021 withdrawal season Since late June, the natural gas market has been a bullish beast. The price dropped to a quarter of a century low on the nearby NYMEX futures contract
With many Americans reviewing their financial situation after the passage of the Tax Cuts and Jobs Act, it is important that any life insurance needs are also reviewed at this time. The reality is that many people do not think about life insurance as a financial asset and don’t review their life insurance needs frequently
Talk about making it an interesting jobs report. While the trend still favors the bulls, bears shook the S&P 500 for some solid losses on Thursday. Let’s see how the market shapes up on Friday, when the monthly labor report is released. Until then, though, let’s look at some top stock trades. Top Stock Trades
Elon Musk Jim Watson | AFP | Getty Images Tesla shares slid more than 6% during premarket trading on Thursday, building on the stock’s recent losses after the company’s largest outside shareholder reduced its position, and after the auto maker said it would raise up to $5 billion in a new stock offering. The stock
Angel Navarrete | Bloomberg | Getty Images Check out the companies making headlines after hours on Thursday: Broadcom — Shares of the semiconductor builder rose 1% in after-hours trading on the back of better-than-expected results for the previous quarter. Broadcom posted a profit of $5.40 per share on revenue of $5.82 billion. Analysts polled by
In a year full of surprises, one of the biggest is how the stock markets have acted. So far, they have behaved counter-intuitively to the traditional investment thesis. Stocks are making all-time highs, and at a record pace — even as we still have unbelievably bad economic conditions. In turn, there are plenty of hot
The steep decline of Inovio (NASDAQ:INO) stock is continuing. Earlier this year, Inovio electrified traders when it announced that it had a potential vaccine candidate for the novel coronavirus. Following the disclosure, INO stock shot up to as high as $33 this summer, versus its 52-week low of $1.92. Source: Ascannio / Shutterstock.com However, the
It’s been a volatile couple of weeks for investors in silver (SLV) following the metal’s 13% decline in mid-August, which put a dent in its upside momentum. The significant reversal at the $30.00/oz level has pushed the momentum in favor of the bears for the time being, and often corrections after parabolic rallies like this take at least eight
(AP Photo/Sheridan Press, Jordan Edgcomb) If you thought that student loan forgiveness is free, guess again. There’s a hidden cost you need to know about – and it could cost you significantly. Here’s what you need to know. Student Loan Forgiveness: The Basics According to Make Lemonade, there are more than 44 million borrowers who
Tonight on Thursday Night Stock Charts Live we discuss if this recent pause in the stock rally is really a pause that refreshes allowing for new highs in the stock market. We will complete a through technical analysis of the stock market with a particular focus on the S&P 500 and the Dow Jones. ✅15
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts
Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. The SEC says Musk violated his agreement with the agency when he tweeted on February 19 that Tesla would make about half a million cars in 2019, before tweeting a few hours later that