AMC Entertainment (NASDAQ:AMC), the large movie chain, has made some moves recently that will make it popular with its Millennial-aged shareholders. AMC is now going to issue NFTs (non-fungible tokens) to its “AMC Investor Connect” shareholders. These are self-identified shareholders of AMC stock. The NFT says “I Own AMC” on a coin-like picture. Source: Helen89
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The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
With the selloff in stocks since Thanksgiving, investors may be shopping for bargains on the stock market this holiday season. Scores of popular plays have been hammered down by fears of the omicron variant and possible hawkish fiscal policy from the Federal Reserve. There are plenty of names that are buys right now. Even so,
When news of the omicron variant of the Covid-19 flashed across global media headlines, plenty of folks got a sinking feeling. Early reports suggested that the new strain featured high transmissibility — and that still appears to be the case. Therefore, it wasn’t surprising that AMC Entertainment (NYSE:AMC) suffered some red ink. Being in close
Financial technology (fintech) is gaining popularity with each passing year as consumers look for convenient and easy ways to manage their finances. Whether it is a loan or an investment, we want it at our fingertips at a moment’s notice, and SoFi Technologies (NASDAQ:SOFI) is here to make it possible. The company’s moves in the industry
Key Takeaways Costco’s comparable sales growth decelerated slightly from the previous quarter but came in above analysts’ expectations. Comparable sales growth is a key metric of Costco’s revenue growth from its warehouses and e-commerce sites that have been in operation for at least one year. The company’s e-commerce sales rose 14.3% from the year-ago quarter.
In this article GME LCID AAL BA CVS People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading. CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales
GameStop (NYSE:GME) released its earnings on Dec. 8 for its fiscal Q3 ending Oct. 30 with excellent results. It showed that revenue had jumped 29% year-over-year (YoY) to $1.297 billion, up from $1.0047 billion a year ago. However, it also showed that cash burn had jumped significantly during the third quarter. That is going to
The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
Recently, the market has experienced increased volatility, with a major factor being the Federal Reserve’s hawkish pivot. The Fed seems to be more focused on combating inflation, and the market is now expecting at least two rate hikes next year. As a result, the yield on the two-year Treasury Note has moved up from 0.15%
In this article RENT LCID RH GME A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shares of the video game retailer slid 4% in extended trading Wednesday following the
Don’t be heartened by recent positive news surrounding AMC Entertainment (NYSE:AMC) stock. Source: QualityHD / Shutterstock.com That’s quite a negative sentiment to hold, but it makes sense. Even as AMC stages a turnaround and large institutional investors buy into its shares, the longer-term implications are clear. AMC won’t emerge better following the pandemic and the
Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down
Technology stocks have taken a hit lately, and Teladoc Health (NYSE:TDOC) has not been immune to the sector-wide effects. However, TDOC stock is my top pick in this category for future gains. Source: Postmodern Studio / Shutterstock.com There are two key factors that have driven down tech stocks. First is a valuation issue; the market
As of 2021, there are reportedly 2,755 billionaires on Earth, with an estimated total net worth of $13.1 trillion. Of this amount, the top 10 wealthiest people in the world account for $1,153 billion, or roughly 8.8%, which is impressive when you consider that they represent around 0.36% of billionaires. Below are the 10 individuals
Since announcing it would merge its Warner Media content empire into Discovery (NASDAQ:DISCA) in May, AT&T (NYSE:T) stock is down nearly 28%. T stock has had a small bounce in this month as bargain hunters are hoping the company can return to prominence once it’s fully focused on 5G wireless. Source: Roman Tiraspolsky / Shutterstock.com Just
Japanese billionaire Yusaku Maezawa arrives at the International Space Station on Dec. 8, 2021 after launching on a Russian Soyuz spacecraft. NASA TV Japanese billionaire Yusaku Maezawa arrived at the International Space Station on Wednesday, where he’ll spend nearly two weeks visiting as a private space tourist. Maezawa launched on a Russian Soyuz spacecraft along
In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
To understand where SoFi Technologies (NASDAQ:SOFI) stock currently stands I’d argue it’s best to start with the fundamentals. They point to a reasonably strong case for optimism given SoFi’s low current price. Source: SoFi.com Then, it becomes necessary to also understand why SoFi lost as much value as quickly as it did. Once investors consider
UiPath (NYSE:PATH) is a software company that is transforming the rapidly growing software automation industry by providing solutions to automate business processes. Its services apply to many industries such as healthcare, telecommunication, banking, insurance and manufacturing. PATH stock opened at $46.82 on Dec. 8. Source: dennizn / Shutterstock.com That’s after opening at an IPO price of