As was the case last month, GameStop (NYSE:GME) stock has managed to perform relatively well. That is, considering how the conditions that enabled the “to the moon” rally earlier this year are no longer in play. Source: TY Lim / Shutterstock.com Yes, shares in this video game retailer remain one of the most talked about
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Something very interesting happened in the stock market yesterday… something that most folks missed or didn’t pay much attention to… but that could help you score 100% returns in 2022. Here’s what happened: Growth stocks and the 10-year Treasury yield both rose. Source: Shutterstock I bet a lot of you are saying: So what!? And
Zomedica (NYSEAMERICAN:ZOM) has had a string of victories in recent weeks. First, it announced on Oct. 1 that it would acquire PulseVet for $71 million. Then three days later, it announced that it had hired a President with significant medical devices experience to replace current CEO Robert Cohen when he retires at the end of
Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022 as he forecasts a growing economy and lasting inflation pressures. The central bank official told CNBC that he has “penciled in” a rate increase in “late third, maybe early fourth” quarter of 2022. The expectation puts
In this article SIVB CMG SAM People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell: Snap — Snap shares sunk roughly 23% in extended trading after the company missed revenue
Thanks to the strong recovery of global oil consumption from the pandemic, energy stocks are the top performing market sector of the S&P 500 this year. The commodity price rally has been fueled by the recovery from the pandemic, as well as the limited oil production from OPEC and Russia. These two factors have led
Cloudflare (NYSE:NET) stock keeps pushing higher, even though its valuation is in nosebleed territory. I want to recommend investors buy NET stock, but I can’t do that in good conscience. In fact, at this point, the only thing I can do is point out how incredibly overvalued it seems to be, even as it continues
After a two-month slide, Pfizer (NYSE:PFE) shares are finally moving in the opposite direction. Over the past two days, PFE stock is up by nearly 3%. Source: photobyphm / Shutterstock.com The rebound was sparked by investors anticipating the approval of Pfizer’s Covid-19 vaccine for children ages five to 11 in the U.S. and Canada. If that
These Value ETFs should be a part of any core, long-term focused portfolio. Vanguard Value ETF: https://www.zacks.com/funds/etf/VTV/profile?cid=CS-YOUTUBE-FT-VID Schwab U.S. Large-Cap Value ETF: https://www.zacks.com/funds/etf/SCHV/profile?cid=CS-YOUTUBE-FT-VID SPDR Portfolio S&P 500 Value ETF: https://www.zacks.com/funds/etf/SPYV/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Berkshire Hathaway: https://www.zacks.com/stock/quote/BRK.B?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID JPMorgan-Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Exonn-Mobile: https://www.zacks.com/stock/quote/XOM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us
If you have a flexible spending account (FSA)—and there are two kinds: one for health and medical expenses and one for dependent care expenses—the end of the year means you’re most likely under pressure to use the funds or lose them. Your company might offer you a carryover of $550 or a grace period of
Despite bearish bets building against fuboTV (NYSE:FUBO), the company’s shares are attracting buyers. FUBO stock is trending higher after a few notable deals. Now that both football and basketball games are back for another season, fuboTV’s shares may rise going forward. Source: monticello / Shutterstock.com Short sellers, who have borrowed 18% of the company’s shares,
Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive
In this article NVAX ANTM EAT Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Pinterest — Shares of the social media company rallied more than 9% following a Bloomberg News report that said
Lemonade (NASDAQ:LMND) stock has caught investors’ attention, and for pretty good reason. Source: Stephanie L Sanchez / Shutterstock.com If Amazon’s (NASDAQ:AMZN) taught us anything over the past few decades, it’s the power of disruption, and the value of recognising it early. That’s part of the reason that insurance disruptor Lemonade is so attractive. LMND stock
Canadian cannabis giant Tilray (NASDAQ:TLRY) raised several eyebrows when it laid down its plans to reach $4 billion in annual sales by 2024. It recently raised its share count to 990 million shares in hopes of achieving its revenue target. And although the chances of achieving its lofty revenue goal appear to be slim, TLRY stock
Paysafe (NYSE:PSFE) has been struggling since closing outs its special purpose acquisition company (SPAC) deal. PSFE stock has shed more than 40% of its value since completing the merger with Foley Trasimene Acquisition II in late March of this year. Plus, weak guidance for the third quarter has weakened the stock even more lately. However,
Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn. “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell: IBM — The tech company saw its stock dropping more than 5% in extended trading following a revenue miss in the third quarter. its top two business segments —
There is a lot going on right now. Inflation is becoming a concern and the global supply chain has yet to recover from the pandemic, resulting in product shortages. Semiconductors continue to be in short supply, making supply woes worse — especially when it comes to consumer electronics and cars. The federal government is struggling
Cloudflare (NYSE:NET) stock has performed extremely well in 2021. As of Oct. 20, it’s up 130%, opening at $175.80. With this in mind, many investors think that there are only two scenarios for NET stock. Either this momentum will continue, sending prices higher, or more prudent, conservative investors and traders will wait for a dip