Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ:BRPM): FaZe Clan’s poor liquidity and missed targets could make investors develop cold feet as the SPAC merger deal progresses. Digital World Acquisition Corp (NASDAQ:DWAC): Former President Donald Trump-related Truth Social platform’s launch faced challenges, regulatory
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The entire EV market is getting a boost today. From Rivian (NASDAQ:RIVN) to Tesla (NASDAQ:TSLA) to Lucid (NASDAQ:LCID), risk-on sentiment finally appears to be taking hold this Friday. Among the major electric vehicle (EV) makers that are seeing impressive increases, Lucid is a leader. On Friday, LCID stock soared more than 16% around noon EST as investors returned to
Every generation has had its share of successful young entrepreneurs, from agriculturalist Eliza Lucas Pinckney (1800s) to Apple founder Steve Jobs (1900s). Now, it’s the turn of Generation Z, born 1997 to 2012—who range in age from 10 to 25—to make their own income in innovative ways. For many of these bright stars, that means
In this article ZI COST CI COUR GDOT Megan Leonhardt | CNBC Friday’s rally gave investors a bit of respite from the latest bout of stock market tumult, but more volatility is likely ahead. It doesn’t help that inflation continues to bite, and the Federal Reserve’s move to raise rates has created further uncertainty. Wall
In this article COIN SOFI RBLX U EA The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Check out the companies making headlines after the bell: Coinbase — Shares sunk
Some of the Dow’s constituents possess lucrative buying opportunities as they exhibit quality in abundance. I’ve identified a few household names that could bolster your portfolio. Boeing (BA) – Investors haven’t picked up this reopening play just yet. Apple (AAPL) – Robust growth and economies of scale could curb its exposure to global supply-chain issues. Coca-Cola (KO) –
Traders hoped online gaming company Skillz (NYSE:SKLZ) would help transform the industry. However, Skillz has failed to take off as management had planned, and SKLZ stock has imploded over the past year. Shares are down more than 85% over the past 12 months. Trading interest remains high however; on Thursday, the stock popped 15% on
Warner Bros Discovery (NASDAQ:WBD), the new entertainment giant formed on April 8 from the combination of Discovery Inc. and WarnerMedia, is set to become the second-largest media player by revenue after Walt Disney (NYSE:DIS). Since the merger, WBD stock has dropped faster than the equity markets in general, losing more than 30% year-to-date, but it is rebounding
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In this article COIN RBLX PRGO DNUT WEN Check out the companies making headlines before the bell: Wendy’s (WEN) –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and
Many investors believed that companies like DoorDash (NYSE:DASH) would not do well once the pandemic ended. However, DASH stock will buck the trend in the long run despite having fallen almost 50% year-to-date. The company’s latest earnings report is filled with stellar numbers. Customers are becoming more reliant on convenience and are demonstrating a trend
Novavax (NASDAQ:NVAX) was so close to hitting gold, but the delay in FDA approval for its Covid-19 vaccine has taken the life out of this stock, leaving a lot of investors wondering — what’s next? After reporting its first-quarter results, NVAX stock dipped 20% and hit $43. Despite making the right moves and filing for
By now, Spotify (NYSE:SPOT) investors know the story. SPOT stock is down 65% from its 52-week high; 55% in 2022 and 25% in the last month. It’s fair to say that taking profits from a stock that jumped 149% from its pandemic low is expected. However, the sell-off is now starting to look overdone. But
Nasdaq Inc. (NDAQ) is a global technology company providing data, analytics, software, and services to the capital markets industry. The company is best known as the operator of the Nasdaq Stock Market, the largest single venue of liquidity for trading U.S.-listed cash equities. At the end of 2020, a total of 3,392 companies traded shares
In this article TWTR AFRM HOOD TOST MSTR Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the
The SEC fined Nvidia Corporation (NVDA) for failing to inform investors about the impact of crypto mining on its business. NVDA stock dropped on the news, which was announced on May 6. Investors should ignore the implications (for reasons I will explain), and view this as a sale in Nvidia stock. Source: Pe3k / Shutterstock.com
Johnson & Johnson (NYSE:JNJ) stock is up for 2022 in a down market Credit goes to its medical devices and anti-cancer drug Darzalex JNJ’s dividend has been rising for six decades, making it a safe stock to own Source: Alexander Tolstykh / Shutterstock.com While bears have savaged many of the stock market’s biggest names in
PayPal Holdings, Inc. (PYPL) shares closed down again on Wednesday, nearing $75. This is the latest in a series of new low closes in 2022 for PYPL stock and it is now trading at levels not seen since 2018. PayPal stock is cheap and that may tempt investors, but they should pass because things are
Big box retailers and department stores take center stage and report earnings next week. The biggest retailers in the world are lined up to issue their results for the first quarter (Q1) of this year. Could the results sway jittery markets? Strong earnings from major companies have not managed to pull stock markets out of
Investing after retirement requires looking at your current financial situation, and then creating the best investment plan for you.