Palantir (NYSE:PLTR) stock took a beating last year. PLTR stock is down more than 67% from its 52-week high price, currently sitting at $14.56. The signs of deceleration in the company’s public-sector business have been a key reason for the sluggishness. However, the positive developments in the past few months reiterate my belief in the
In this article 6758.T-JP ADS BAC UNH MS PG Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the
Dividends are an important factor for many investors. The quarterly and annual payouts to shareholders can have a big impact on a portfolio’s growth over time. Dividend stocks can also serve as an income stream to people in retirement. For this reason, many investors seek out stocks that have high dividend yields. Even some of
AMC Entertainment (NYSE:AMC) stock had a fortuitous rise last year. It was caught in the midst of the meme stock mania, which helped pump AMC stock to senseless highs. Source: Helen89 / Shutterstock.com Meanwhile, the underlying business continued to struggle for most of the year due to the devastation caused by the coronavirus. A superhero fourth
Microsoft (NASDAQ:MSFT) is buying Activision Blizzard (NASDAQ:ATVI) for $68.7 billion. It’s a play for both the gaming market and the emerging metaverse space. The bid sent ATVI stock up more than 25%. Activision Blizzard stock opened January 19 at $82.64, a market cap of $64.1 billion. Source: Sergei Elagin / Shutterstock.com The difference between the
AT&T (NYSE:T) had a difficult fiscal year from an investor perspective. In 2021, the company could not live up to its expectations. However, investors need only look forward as they offer a bright future for those who invest in T stock now. AT&T’s 5G ambitions may align with its roots. But it will take time
In this article GS People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second year of a deal-making and trading boom. That’s what Goldman Sachs CEO David Solomon conceded
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Activision Blizzard — The
International Business Machines (NYSE:IBM) is like a once-massive European soccer team relegated to a lower division. Source: Laborant / Shutterstock.com Stop comparing it to cloud leaders like Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG) or even Oracle (NASDAQ:ORCL). At the top of the new league tables sit outsourcers like Accenture (NYSE:ACN), Infosys (NYSE:INFY), Cognizant Technology Solutions (NASDAQ:CTSH) and Wipro
Skillz Inc. (NYSE:SKLZ) can’t figure out how to make positive free cash flow. As a result, SKLZ stock has been cratering. In fact, the company recently had to raise $300 million in additional debt capital at a high coupon interest rate (with no convertible feature). Source: Dennis Diatel / Shutterstock.com As a result, don’t expect
If you’ve been waiting to buy Lucid Group (NASDAQ:LCID) on the cheap, this may be your chance. LCID stock currently sits 32% below its high of $57.75, made in mid-November. Shares have fallen nearly 14% in the past week alone as the company approaches the lockup expiration for legacy shareholders. Source: ggTravelDiary / Shutterstock.com Following
In 2005, the gaming industry had revenues of $10.5 billion and was dominated by makers of portable hardware and consoles. In 2020, just 15 years later, the industry had morphed into a multi-platform powerhouse with revenues of $155 billion. Blockbuster content from publishers raked in billions of dollars in revenue and delivered it through an
Kevin Matras shows how to use the Current Ratio as a financial health barometer. Highlighted stocks include BLK, CBT, FIRE, ISRG and VRX.
I am bullish on Chinese electric vehicle (EV) maker Nio (NYSE:NIO). That’s a tough stance to take right now. Beijing is stepping up regulatory pressure on domestic companies. Nio stock is just one among several high-profile casualties of these moves. However, the underlying fundamentals of the company remain solid. Source: Sundry Photography / Shutterstock.com In
In this article PL A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space infrastructure companies received $14.5 billion of private investment in 2021, a new annual record that was up more than 50%
In this article CSG.N-CH BABA ME CTXS GS GPS Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company’s cloud unit to see if it poses a risk to US national security. The probe
On Jan. 10, Ford Motor Company (NYSE:F) declared its second quarterly dividend in a row for first-quarter (Q1) 2022. This is after Ford stopped paying its quarterly dividend for almost two years on Jan. 8, 2020 (declaration date). I believe the resumption of its quarterly dividends is helping to push F stock higher. Source: JuliusKielaitis
Cayman Islands-based StoneCo (NASDAQ:STNE) offers financial technology solutions and has operations in Brazil. This might sound like an intriguing international investment opportunity, but in reality, STNE stock is just a toxic asset that should be avoided. Source: FOTOGRIN / Shutterstock.com Don’t misunderstand — there was a period of time when StoneCo’s shareholders made a killing. The
Following last month’s tech stock selloff, scores of high quality names have fallen to “can’t miss prices.” Pushed down by market uncertainties, not fundamentals, now may be the time to scoop some of them up for your portfolio. However, that’s not the case for C3.ai (NYSE:AI) stock. Source: Shutterstock A provider of enterprise artificial intelligence (AI)
Plug Power (NASDAQ:PLUG) is continuing to take steps that further extend its first-mover advantage in multiple aspects of the hydrogen ecosystem. Meanwhile, multiple governments are looking to implement new programs that will promote the use of hydrogen. As a result of these developments, I remain very bullish on PLUG stock. Source: Shutterstock Also making the