General Electric Co. (GE), known to investors as GE, is a global industrial company operating in the power, renewable energy, aviation, healthcare, and financial services industries. It serves customers in 170 countries. In recent years the company has gone through a series of major restructurings. That includes a long list of spinoffs such as the
In this article MS Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. “I was wrong on this,” he told CNBC’s Wilfred Frost Monday on “Closing Bell.” “I thought we would have
In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
I’ve been trying to convey to investors for a while now that a good company doesn’t necessarily make for a good stock buying opportunity. Network security technology provider CrowdStrike (NASDAQ:CRWD) is a great example of this concept. CRWD stock was a hot commodity in 2020 and the better part of 2021 as retail money flooded
As much as I’d like to pitch three bullish ideas, Monday’s market meltdown doesn’t allow it. My watch list is a sea of red, and the usual suspects are tumbling. Reopening plays, small caps, once-loved-now-loathed growth stocks — down, all down. I’ve scanned the top losers on the session and found plenty of fodder for
It’s been several days since Grab Holdings (NASDAQ:GRAB) merged with Altimeter Growth in the largest special purpose acquisition company (SPAC) merger ever. The deal valued GRAB stock at almost $40 billion. Source: Nor Sham Soyod / Shutterstock.com Unfortunately, the good times didn’t last. Opening trading on Dec. 2 at $13.06, as I write this, it’s
With Robinhood (NASDAQ:HOOD) stock facing a perfect storm of a looming cryptocurrency collapse, disappointing third-quarter results, stepped-up competition, and increased caution on the Street about growth names, it’s definitely time to sell HOOD stock. Source: dennizn / Shutterstock.com Also not helping matters is the fact that, even after the stock crashed in recent months, its
The day after Buzzfeed (NASDAQ:BZFD) stock came public, The New York Times ran its obituary: “BuzzFeed was once on the vanguard of digital media companies,” the story began. Source: 1000Photography / Shutterstock.com Note the use of the past tense. Buzzfeed, which has no paywalls to limit reach, fell 11% in its first day of trading
The holiday season has arrived. Bullish investors are hoping for a potential Santa Claus rally after what’s been a bumpy start to the last month of the year. As more information on the omicron variant continues to crop up, Wall Street’s worst fears of a large-scale lockdown seem to be fading away. Against this backdrop,
Defined-Benefit vs. Defined-Contribution Plan: An Overview Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined-contribution plans. As the names imply, a defined-benefit plan—also commonly known as a traditional pension plan—provides a specified payment amount in retirement. A defined-contribution plan allows employees and employers (if they choose) to contribute and invest funds
In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary
In this article PFE BNTX CPB THO WEBR SFIX Check out the companies making headlines before the bell: Pfizer (PFE), BioNTech (BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer and BioNTech also said they’re continuing to work on
Throughout the year, there has been a lot of interest around SmileDirectClub (NASDAQ:SDC). Not so much for the tele-dentistry company’s underlying business. Instead, much of the appeal with SDC stock has been with its potential as a short-squeeze play. Source: Helen89 / Shutterstock.com Even after falling by more than 74% over the past 12 months, and
After running hot for a few weeks, excitement has cooled for Progenity (NASDAQ:PROG). Less than a month ago, it was trading for as much as $6.20 per share. But since then, PROG stock has fallen by around more than 50%, and trades for around $2.50 per share today. Source: motorolka / Shutterstock.com Is this a
It’s funny how some of the market’s darlings of 2020 have been ignored or even hated in 2021. Digital sports entertainment and gaming company DraftKings (NASDAQ:DKNG) is a textbook example of this, as DKNG stock abruptly fell out of favor this year. Source: Postmodern Studio / Shutterstock.com How can we explain this? Maybe it’s just an
In this article AAPL CVS HRL RH RENT GME Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected
Almost a year ago, GameStop (NYSE:GME) kicked off the Reddit short squeeze trade and countless other stocks, like AMC Entertainment (NYSE:AMC), have been involved since. However, AMC stock has been struggling lately. Source: Shutterstock / mundissima That only has investors asking one main question: Does it have one last short squeeze left in it before
As of Dec. 1, Block (NYSE:SQ) is the new name of the company formerly known as Square. This portends its future focus on blockchain technology including Bitcoin (CCC:BTC-USD) and the company’s focus on digital payment assets and solutions. I would expect that, just like Meta Platforms (NASDAQ:FB) (parent of Facebook) changed its name to focus on digital
For generations of investors, telecommunications giant AT&T (NYSE:T) has been as solid as a rock. However, the performance of T stock during the past few years has disappointed some shareholders. Source: Lester Balajadia / Shutterstock.com It’s challenging to pinpoint what went wrong. One commentator described AT&T’s $85 billion purchase (plus debt) of Time Warner in 2018
Sahil Bloom talks with Preston Pysh about what the Cantillon Effect is and how it’s important to the global economy. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:04:03 – Sahil’s Thoughts on Curating Content Online 0:10:26 – Why Sahil Has Gotten Interested in Macro and Sound Money 0:17:25 – What Is the Cantillon Effect