The S&P 500 broke records last week and again early this morning. This is in spite of a wall of worry that investors keep climbing. It’s almost like there are no bears, which makes it easy to find opportunities for stocks to buy on weakness. Investors are stepping in to buy every dip. Even though
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In this article DIDI CAR MRNA CI GDDY AAPL Check out the companies making headlines before the bell: Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL)
Rivian (NASDAQ:RIVN) recently reported its first earnings report as a public company. The results disappointed Wall Street, and RIVN stock fell. It gained some of those losses back, but still trades at about half of its recent highs. Source: Michael Vi / Shutterstock Many investors (including myself) questioning the stock’s valuation. To be fair, many
At one point, Skillz (NYSE:SKLZ) stock was supposed to be the hot new thing in the online gaming industry. By letting players compete for real cash prizes, it would bridge the gap between gambling and e-sports. Or that was the idea, anyway. Source: NYCStock / Shutterstock.com Skillz stock hit $46 at one point early in
Nike (NYSE:NKE) stock had a consistent pattern in 2021. It jumps on earnings. Source: mimohe / Shutterstock.com NKE stock did it again Dec. 20, after the company reported its second fiscal quarter of 2022. Net income was $1.3 billion, 83 cents per share fully diluted, on revenue of $11.4 billion. In response the share price
On today’s show, we talk about Bitcoin borrowing and lending with Blockfi’s CEO, Zac Prince. Additionally, Preston was accompanied by Blockfi investor, Mark Yusko from Morgan Creek Capital Management. IN THIS EPISODE, YOU’LL LEARN: – What are the basics of how Bitcoin lending works – What is over-collateralization – What are some of the risks
What Is a 529 Savings Plan? Families need to save as much as possible, as early as possible to get ahead of rising education costs. According to a research report from CollegeBoard.org, the average cost of attending a public four-year college, including tuition and fees, in the 2021 to 2022 school year is $10,740 for an
Months after the special purpose acquisition company (SPAC) bubble burst, investors are still shying away from these assets. We’ve seen this play out with both SPAC stocks that have “de-SPACed” and companies with deals still pending. Granted, among de-SPACed names, some are still up big from their initial offering price (typically $10 per share.) For
What good is a car without a gas station? Source: Virrage Images / Shutterstock.com Not much good at all. In fact, a car is pretty much useless as a means of transportation, unless it has fuel. Fuel comes from gas stations. No gas stations. No usable cars. By that same token, what good is an
EV charging company ChargePoint’s (NASDAQ:CHPT) revenue grew rapidly again last quarter. However, the market hasn’t paid much attention to that, and CHPT stock has lost over 28% of its value in the past month. Source: Michael Vi / Shutterstock.com The company wants investors to believe that it’s a software-as-a-service (SaaS) company, but the margins and
New Mexico-headquartered Virgin Galactic (NYSE:SPCE) was famously founded by billionaire Richard Branson with a vision of taking people who aren’t necessarily professional astronauts into space. It’s an intriguing business model — one you’ll need to believe in if you plan to hold SPCE stock for the long term. Source: Christopher Penler / Shutterstock.com So far, it
2020 was an explosive year for growth stocks, as many saw several years worth of growth pulled forward into our new pandemic operating environment. It resulted in many stocks doubling, tripling, quadrupling or even more. Coming into 2021, many of these names were hitting new highs and investors were feeling empowered. This brazen attitude didn’t
Bakkt Holdings (NYSE:BKKT) stock has garnered recent attention primarily because it is a catchall for the digital economy. The world is eager to understand how to capitalize on what many see as a revolution in digital assets. Source: Shutterstock The firm operates a regulated platform allowing consumers to store “digital assets, access liquidity and trade,
BlackBerry (NYSE:BB) has been under strong selling pressure in the last month. However, the meme stock is still up 38% year-to-date. But with BB stock down 8.9% in the last month and investors getting ready to turn the page on 2021, should speculative investors remain patient while BlackBerry’s business model comes to fruition? Source: Shutterstock
If you’ve been diligently saving for retirement through your employer’s 401(k) plan, you may be able to convert those savings into a Roth 401(k) and gain some added tax advantages. Key Takeaways Many companies have added a Roth option to their 401(k) plans. Traditional 401(k)s and Roth 401(k)s are taxed differently; traditional ones use pre-tax
With the share price of Ford Motor Co. (NYSE:F) slipping from its recent 52-week high, now is an excellent opportunity to buy stock in the legendary American automaker. Source: TY Lim / Shutterstock.com In early November, F stock closed above $20 for the first time since 2001. As recently as April 2020, Ford’s share price
SoFi (NASDAQ:SOFI) reported third-quarter results that showed strength in some areas. But the company remains unprofitable and its EBITDA actually dropped year-over-year last quarter, while a number of the bulls’ main theory theories on the company appear to be misguided. Moreover, boding badly for SOFI stock, many entities sold the shares in recent months, and
Robinhood Markets (NASDAQ:HOOD) stock has played out the full boom and bust pattern inside the space of six months. Like so many other meme stocks, Reddit’s preferred stock trading platform went through its own hype cycle this year. Source: Sulastri Sulastri / Shutterstock.com Robinhood completed its initial public offering (IPO) at the end of July
Rivian’s (NASDAQ:RIVN) electric vehicles are getting superb reviews, and the company appears to be generating strong buzz. Also importantly, I still believe that Wall Street “has the back of” RIVN stock, and the automaker’s impressive partnership with Amazon (NASDAQ:AMZN) remains intact. Source: Miro Vrlik Photography / Shutterstock.com Finally, the downturn of Rivian’s shares in the
We have a very fun guest and that is Joe Brown of Heresy Financial. Joe is most known for his youtube channel, providing entertaining videos on a wide range of financial topics. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:16 – Joe Brown’s Background 0:02:20 – The History of Money and How We’ve Arrived