Robinhood’s (NASDAQ:HOOD) fourth-quarter results and Q1 guidance bode very badly for HOOD stock. Source: mundissima / Shutterstock.com Moreover, the continued weakness of cryptocurrencies and the tumbling of meme stocks also have left Robinhood’s financial results and its stock, poised to sink much further. Significant, additional competition could be on the way for the beleaguered company.
Investors should probably wait until after Feb. 28, when Lucid (NASDAQ:LCID) releases earnings, to move on LCID stock. That said, there are reasons to remain optimistic about the EV manufacturing company’s future. Source: ggTravelDiary / Shutterstock.com Yes, it is a speculative play, but it is at least a speculative play that is momentarily in favor.
The Internal Revenue Service (IRS) updates tax rates, allowances, and thresholds every year. These figures are applicable to the tax law provisions that are adjusted annually for inflation. The top tax rate will continue to be 37% for returns filed by individual taxpayers for the 2021 and 2022 tax years, but the standard deduction, tax
Trey Lockerbie sits down with global macroeconomist and author, Richard Duncan. Richard gives a masterclass on global economics and how he believes credit growth is essential to economic growth. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:00:47 – Is capitalism a thing of the past? 00:17:25 – How much can our government monetize our
Kevin Matras talks about using out-of-the-money options for long shot, or “lottery ticket”, trades.
About a month ago, the rally with Ford (NYSE:F) shares came to a screeching halt. In the week since, instead of charging to new multi-decade highs, F stock has gone in reverse. After soaring to as much as $25.87 per share, it’s now back down to around $17 per share. Source: JuliusKielaitis / Shutterstock.com You can
Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images The outlook for Federal Reserve rate hikes after March may become less clear if Russia continues
In this article MOS RRC SPCE PANW Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Palo Alto Networks — Shares of the cybersecurity company gained 6% during extended trading Tuesday
There are many U.S.-listed companies with a market capitalization of $3 billion or higher. One of them is Digital World Acquisition (NASDAQ:DWAC). What’s more, year-t0-date (YTD), DWAC stock is currently in the top five best performer amongst this large cohort of $3 billion-plus market-cap stocks. Source: rafapress / Shutterstock Care to guess what the first-best
On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) announced that its board approved a stock split that would see shareholders receive 20 shares of GOOG stock for every share currently held. Alphabet’s shares jumped on the news. Source: turtix / Shutterstock.com While there have been several high-profile stock splits in recent years, it is hard to know
If sentiment for precious metals is anything to go by, it may be time to consider shifting your portfolio toward a defensive posture. With back-and-forth headlines suggesting that a Russian invasion of Ukraine is imminent, the global markets seem poised to suffer a correction. While it’s always tricky navigating such circumstances, you may want to
If you’re in the market for a diversified, tech-centered investment, Vinco Ventures (NASDAQ:BBIG) stock may seem like a deal, but we should look deeper. Source: shutterstock.com/Postmodern Studio There’s no denying that BBIG stock is affordable, but whether it’s actually a good value is a different matter entirely. One thing that’s interesting about this stock is that some
The last time I looked at Coupang (NASDAQ:CPNG) stock six months ago, I could not recommend the Korean e-commerce player. Source: Ki young / Shutterstock.com Since then, the stock is down 40%. This doesn’t make me a genius. All money-losing, fast growth companies are down similarly, including some I like. Coupang revenue grew 48% during
Whether it’s your daily driver, a truck for work, a weekend motorcycle, or an antique automobile, if you intend to drive it on public roads, you’ll need to have a valid state registration. Here’s how to obtain one. Key Takeaways It’s illegal to drive a car on public roads without a valid state registration. If
Tracey Ryniec, Zacks value stock strategist, discusses how to add a little growth to your value stock search. Southwest Airlines: http://www.zacks.com/stock/quote/LUV?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Coinbase Global (NASDAQ:COIN) will report its fourth-quarter and full 2021 earnings on Thursday, Feb. 24 after the stock market closes. Analysts still expect to see very high profits for the quarter despite the slowing trend in crypto trading. As a result, COIN stock has a chance of rebounding from its recent low prices. Source: rarrarorro
For generations, income-focused investors have turned to Exxon Mobil (NYSE:XOM) not for quick profits, but for a steady rate of return. In most years, XOM stock has provided solid gains with relatively low beta, or volatility. Source: Shutterstock Of course, the stock gyrated during the onset of the Covid-19 pandemic, but so did most of the
Popular with retail traders last year, the bubble has long since popped for Ocugen (NASDAQ:OCGN). A Covid-19 vaccine play, you may recall how OCGN stock, once trading for well under a dollar, briefly made its way above $15 per share not once, but twice. Yet, since hitting a high of $17.65 in November, shares of
Canadian cannabis company Sundial Growers (NASDAQ:SNDL) has been a disappointment to investors for much of its time as a publicly traded company. SNDL stock crashed in 2019 shortly after going public, as the company’s initial go-to-market strategy failed. Source: Postmodern Studio / Shutterstock.com Reddit traders found Sundial in early 2021, with shares spiking 725% to
Rivian Automotive (NASDAQ:RIVN) may go down as the last big initial public offering (IPO) of the 2020-2021 market rally. RIVN stock opened trading in November around $100 per share, making it one of the largest IPOs of all time. And the company hadn’t even started generating meaningful revenue yet. Source: Michael Vi / Shutterstock Rivian’s