Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for
Roth IRAs are popular accounts for investors to leave to their heirs because of these accounts’ tax-free status and lack of required minimum distributions (RMDs) during the original owner’s lifetime. Roth contributions are made with after-tax money, and any distributions you take are tax-free as long as you are at least 59½ years old and
It wasn’t too long ago that I was riding high on my recommendation of Lucid Group (NASDAQ:LCID). I initially wrote an article on LCID stock in September of last year. Soon after that, the stock zoomed upward ending up at 3x the price by late November. Source: T. Schneider / Shutterstock Unfortunately, all good things
In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
Life sciences equipment manufacturer Bionano Genomics (NASDAQ:BNGO) was a popular meme stock last year. Consequently, its management raised a massive amount of cash through equity offerings. However, it has failed to sustain investor interest, as its flagship optimal genome mapping tool Saphyr hasn’t gained much traction in the medical community. It continues to grow at
Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric
Lucid Group (NASDAQ:LCID) is on the right track towards its more long-term objectives despite recent declines in LCID stock triggered by near-term macro challenges. Sooner or later, this should ultimately lead to a welcome change in direction for investors. Source: T. Schneider / Shutterstock Over recent months, LCID stock has lost a lot of steam.
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE After January’s surprisingly strong jobs report, focus swings to consumer inflation in the week ahead and what it could mean for the Federal Reserve’s plan to raise interest rates. Friday’s report of 467,000 jobs added in January confounded Wall Street economists, some of
QuantumScape (NYSE:QS) is a speculative pre-revenue stage company operating in the next-generation electric battery industry. The company claims to have advanced technology that could represent a great leap forward in electric battery performance. However, short sellers published scathing criticisms of QuantumScape’s technology and management team last year, leading to a massive decline. QS stock is
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
I’m seeing a lot of artificial influences on the economy right now, including low interest rates and the statements made by Fed officials and various politicians. It can be hard to keep track of all that noise, not to mention the company-specific specific news that may affect the investments in your portfolio. It’s for that
They are two trillion-dollar companies that are among the best performing stocks of the last decade. But what do their earnings track records look like? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Some commentators, including InvestorPlace columnist Will Ashworth, have stated unequivocally that buying shares of special-purpose acquisition company Digital World Acquisition (NASDAQ:DWAC) at its current levels is stupid. DWAC stock soared from around $10 a share to a high of $175 in October when it was announced the blank-check company would merge with Trump Media &
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters SEC Chairman Gary Gensler and his staff have been very busy lately, and they are about to
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
From time to time, I like to revisit columns I’ve written in the distant past. Back in May 2016, I wrote about four dividend stocks that were extra-special because they paid special dividends. If you’re a dividend investor, you probably feel the special dividend is like if you won a big jackpot at a casino
I’ve written quite a few articles for InvestorPlace in which I’ve argued that a successful company doesn’t always equate to a promising stock. It’s crucial for investors to understand the power of market forces — and the influence of institutional investors. Case in point? Tilray (NASDAQ:TLRY). Fact of the matter is that TLRY stock is suffering