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
If you’ve heard it once, you’ve heard it a million times: Life insurance is a must-have, especially when you have a family that depends on your income. If you die unexpectedly, a life insurance plan will ensure your family’s financial needs are covered, from the monthly mortgage to grocery bills to your child’s college education. While income
Two Good Defensive Plays. Southern Company: https://www.zacks.com/stock/quote/SO?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
There have already been some big movements in stocks in 2022. Meta Platforms (NASDAQ:FB) lost $232 billion in value after weaker-than-expected first quarter revenue. Meanwhile, Snap (NYSE:SNAP) soared by some 60% after its quarterly numbers beat estimates despite a prior downward trend. Now, the story looks similar for DraftKings (NASDAQ:DKNG) in terms of correction. In
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
In this article PTON NFLX SPOT SAVE ULCC A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Group, Spirit Airlines — Shares of Frontier Group and Spirit Airlines rose in midday trading after the
At first glance, California-headquartered life-sciences company Bionano Genomics (NASDAQ:BNGO) might seem like a good business to invest in. After all, BNGO stock is cheap and that is what traders should look for, right? Source: Dennis Diatel / Shutterstock.com The important lesson here is to avoid confusing “cheap” with “good.” As the old Benjamin Graham/Warren Buffett saying
Typically, when a publicly traded company loses nearly 16% of market value over the trailing month, there’s a reason for it — and usually not a good one. That’s the situation with SoFi Technologies (NASDAQ:SOFI). Though backed by several relevant innovations like fintech and cryptocurrencies, investors currently have a dim view of SOFI stock. Source:
Electric vehicle companies have had a difficult start to the year. With the tech sell-off and the overall investor sentiment, EV stocks have seen a decline. Nio (NYSE:NIO) stock dipped to all-time lows and reported a low sales momentum, falling from $45 to $24 in the past six months. Source: Carrie Fereday / Shutterstock.com Now
In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted
Digital Turbine (NASDAQ:APPS) and its investors have been on quite a journey since the company listed as a penny stock in July 2006. I think it’s safe to say that APPS stock provides testimony that multi-baggers can occur from the most niche of domains. Source: Shutterstock However, the past is the past, and APPS stock