A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX Elon Musk’s SpaceX expects to lose nearly an entire launch’s worth of Starlink satellites after a storm created by the sun struck the Earth’s atmosphere. The company launched 49 Starlink satellites with a Falcon 9 rocket on Feb. 3.
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler kicked off an ambitious regulatory agenda this year – and his agency is pushing forward
In this article CVS ENPH CMG LYFT Customers shop at the CVS Pharmacy, on Morrissey Boulevard, in Dorchester, on April 2, 2020. Some pharmacy workers worry about unsafe conditions at their stores. Pat Greenhouse | Boston Globe | Getty Images Check out the companies making headlines in midday trading. CVS Health — Shares of the
Dividend stocks are an important part of your investment portfolio. Growth stocks are a great way to grow your overall wealth over a long period, but adding dividend stocks to the mix provides an ongoing income flow. You can use that income to help cover your living expenses, or you can turn around and plow
Even after a 60%-plus drop in shares of digital payments company Block (NYSE:SQ) — formerly known as Square — SQ stock is still trading at very high valuations. And the company faces a number of challenges that make it an unappealing investment. Source: Sergei Elagin / Shutterstock.com In addition to stiff competition from PayPal (NASDAQ:PYPL)
Digital World Acquisition (NASDAQ:DWAC) is a special purpose acquisition company (SPAC). Even in a brutal downturn for SPACs, DWAC stock has managed to succeed beyond everyone’s wildest expectations. That’s because Digital World announced a merger with former President Trump’s emerging media and internet company, Trump Media & Technology Group (TMTG), which is planning on launching
Sin stocks refer to shares of vice-related public companies. Traditionally, the term has been used for stocks in gambling, tobacco, alcohol, defense, cannabis and adult entertainment industries. As a result, most companies in these sectors usually do not qualify as environmental, social, and governance (ESG) investments. Academic research highlights that, “carbon-intensive sectors … have newly
Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
I recently wrote a bullish column on DoorDash (NYSE:DASH) stock, so I’m certainly not bearish on all delivery names. However, there are two very important differences between DASH stock and Grab Holdings (NASDAQ:GRAB) stock. Source: Hafiz Johari / Shutterstock.com Specifically, Grab operates in countries with much weaker economies and lower standards of living than DoorDash.
Cassava Sciences (NASDAQ:SAVA) stock illustrates the promise — and hazards — in biotechnology investing. Casssava management says it has a drug that can effectively treat Alzheimer’s Disease, one of the most destructive diseases known to man. They may have it, or they may not. It’s impossible for a small investor like me to know for
NVIDIA Corp. (NVDA) designs, develops, and markets graphics processors as well as related software and hardware products. The company has played a pioneering role in the development of the graphics processing unit (GPU), a type of chip or electronic circuit capable of rendering graphics for display on electronic devices. GPUs were originally designed for the
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Micron’s (NASDAQ:MU) near-term and longer-term prospects remain very strong, and the company is extremely profitable. But despite all of that, MU stock is still trading at a tiny valuation. Source: Piotr Swat / Shutterstock.com Meanwhile, multiple, highly reputable Wall Street firms are very bullish on the shares. Consequently, I remain very upbeat on the shares.
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared more than 32% after the firm announced it’s replacing
Clover Health (NASDAQ:CLOV) was supposed to be one of Chamath Palihapitiya’s biggest special purpose acquisition company (SPAC) wins. When Palihapitiya announced plans to take Clover public, traders gravitated to the play as a natural fit. The idea? CLOV stock would upend the sleepy health insurance industry with a big dose of Silicon Valley expertise. Source:
January wasn’t a good month for Coupang (NYSE:CPNG). As a result, the South Korean e-commerce company lost 29% of its value. CPNG stock has fared slightly better through the first week of February, but it has still been an up-and-down experience for shareholders. Source: Michael Vi / Shutterstock.com On Jan. 24, Coupang’s share price hit
January had been a difficult month for stock investors, but the troubles with Upstart (NASDAQ:UPST) stock started well before technology stocks fell off a cliff. Source: Postmodern Studio / Shutterstock.com Its decline started after its third-quarter earnings report came out. You would think it was because the company missed earnings – but no. Upstart handily
In this article AMGN SPGS James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Take-Two Interactive — Shares of the video game company shed
Amazon (NASDAQ:AMZN) is rising after yet another strong quarter. The overall news was good for the company, which managed to exceed expectations on several fronts. That sent shares of AMZN stock more than 10% higher. Source: Eric Broder Van Dyke / Shutterstock.com At the same time, though, the report was far from perfect. In fact,
It seems that investors’ concerns are beginning to ease around Alibaba (NYSE:BABA) stock. After the long, tumultuous downturn it appears that pressure is beginning to abate. Source: Kevin Chen Photography / Shutterstock.com That’s very good news for the Chinese tech giant that was among the worst suffering as a regulatory crackdown simmered along. That regulatory