Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood shares jumped 26% on Friday, a day after the CEO of a major crypto exchange took a
In this article TWTR AFRM HOOD Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 8% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts
When it comes to cruise ship stocks, Carnival (NYSE:CCL) stock has never been my favorite. I’m sure the ships are just lovely and people have a grand time on vacations. But when Covid-19 hit in 2020 and I went bottom-fishing for a good buy on cruise stocks, Royal Caribbean Cruises (NYSE:RCL) stood out as a
Dogelon Mars (ELON-USD) is currently one of the most volatile assets you can own. The token has almost no utility or revenue generation to be a profitable asset in the long-term. For example, Ethereum (ETH-USD) has thousands of ERC20 tokens that pay fees to the Ethereum network. Thus, these tokens add utility and a source
Shares of Disney (NYSE:DIS) have been decimated, but that hardly makes it unique in a market like this. At this week’s low, DIS stock was down more than 50% from its all-time high. While the recent market pressure isn’t helping, earnings were the final catalyst to send it to new lows. The share price barely
J.C. Penney Company (JCP) is one of America’s oldest retailers but it’s hit a rough patch the last few years. Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss whether the company is in a turnaround and if it will survive. J.C. Penney has had a management problem for several years. New
Rafael Henrique | LightRocket | Getty Images MicroStrategy, the enterprise software maker that’s bet big on bitcoin over the past two years, is now underwater on its holdings of the world’s largest cryptocurrency due to the market tumble. Bitcoin traded around $28,000 apiece on Thursday morning, recovering somewhat from earlier losses that brought the digital
In this article GM WFC RIVN BYND DIS F Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to “underweight” from “overweight.” Wells Fargo said 2022 could represent a profit
There are many ways to invest in the stock market. But if you’re looking for a low-risk, high-reward investment, then investing in these hot stocks is the way to go. Alibaba Group (NYSE:BABA) Alibaba stock is safe, and it’s a great investment choice. It’s easy to predict the company will grow, making the risk manageable.
Investing in dividend stocks for retirement is excellent. However, you need to know what to look out for. Past performance and current dividend yields aren’t necessarily indicators of future performance! Union Pacific (UNP): Railroad traffic could be set for a multi-year decline as economic activity slows. Furthermore, UNP stock exhibits a stretched payout ratio. ARK Innovation
The enthusiastic remarks of AMC (NYSE:AMC) Chief Executive Officer (CEO) Adam Aron after the company’s better-than-expected first-quarter results seemed misplaced. His comments reminded me of sports teams that had a horrible win-lose record and are losing by a wide margin in a game they’re currently playing, but celebrate one good play they made as if
Like other semiconductor stocks, Nvidia (NVDA) has been hit hard in 2022 NVDA stock still trades for 16 times annual revenue and 44 times earnings When the current panic ends, investors should pounce Source: Michael Vi / Shutterstock.com Nvidia (NASDAQ:NVDA) stock is beginning to look like a bargain again. At its May 12 closing price
Active monitoring of a portfolio is important for navigating the changing tides of financial markets. Still, it is also essential for individual investors to manage the behavioral impulses of emotional buying and selling that can come from following the market’s ups and downs. Indeed, investors seem to have a knack for piling into investments at
In this article CVNA A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in which several heavily-shorted stocks popped. The stock was up about 23% around 11:50 a.m. ET. Trading was halted
In this article CVNA GM GME Source: NYSE Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on
Nvidia (NASDAQ:NVDA) has not sidestepped the disaster we have in tech stocks. NVDA stock is hitting fresh lows on Thursday, despite a solid bounce in many growth stocks. With shares down more than 54% from the high, it’s time to start taking a closer look at its fundamentals. There are legitimate fears about PC demand
These six high-yield dividend-paying growth stocks have moderate to high payout ratios. This means that the company’s dividends represent half to two-thirds of its earnings. It implies that the company should have no issues in continuing to pay the dividend and also leaves room for share buybacks. HP Inc (HPQ): This low P/E stock has
In March, Asana (NYSE:ASAN) reported fourth-quarter results that were encouraging and impressive in some ways. And as I pointed out in a previous column on ASAN stock, the company’s “work management” software has gotten many excellent reviews online. Also positive for the name are the sizeable purchases of the company’s shares by its CEO earlier
It’s been an abysmal stretch for Shopify (NYSE:SHOP). Not long ago, SHOP stock was hitting new all-time highs in November 2021. In the six months since, though, shares have declined each month — averaging a decline of more than 20% (inclusive of this month so far but not today’s rally). In all, SHOP stock has
Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss the future of chip maker Ambarella, Inc. (AMBA). Shares have plunged 35% from its all time highs earlier this summer on fears that the company may be a one-trick pony with GoPro (GPRO) as its most prominent customer. A rare earnings miss and