In the last two months, Lucid (NASDAQ:LCID) stock has witnessed a strong rally. This came after an extended period of correction and consolidation. Source: Around the World Photos / Shutterstock.com When I wrote about LCID stock in September 2021, I opined that the stock is likely to continue trending higher. However, investors need to be
Paypal (NASDAQ:PYPL) is a screaming buy after its recent earnings fiasco. PYPL stock fell 12% on Nov. 9 immediately after it announced third-quarter results and forward guidance that left Wall Street cringing. Source: JHVEPhoto / Shutterstock.com Paypal stock had its worst one-day performance in nearly two years due to the substandard results. The online payments
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
A gas pump at an Arco gas station in San Diego, California. Mike Blake | Reuters October’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up the timeline on its ultimate inflation-fighting tool: interest rate hikes. The consumer price index
ContextLogic (NASDAQ:WISH) is set to announce its third-quarter earnings today under a new CFO. But there probably won’t be a lot to celebrate when the report is released. Ultimately, that means investing in WISH stock isn’t going to be worthwhile. Source: sdx15 / Shutterstock.com That said, ContextLogic will remain a popular choice for risk-tolerant retail
Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust
Learn the secrets of Momentum Style traders, including both price and earnings momentum and how to apply the Zacks Rank to find the best stocks for this style.
Precious metals such as gold, silver, and platinum are valued by many investors as a hedge against inflation or a safe haven in times of economic turmoil. They also are valued for their rarity and their use in a broad range of industrial applications. Precious metals exchange-traded funds (ETFs) are a popular way to invest
Quantumscape (NYSE:QS) stock now looks more valuable as a result of a third-party test of its batteries. The results showed its lithium-metal electric vehicle (EV) batteries basically performed up to their own previous expectations and internal tests. Subsequently, QS stock spiked starting on Oct. 27 and now stands at $34.57 as of midday Nov. 10.
In this article FOUR Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. Patrick T. Fallon | AFP | Getty Images Shares of payments processing company Shift4 surged in trading
Selim Korkutata | Anadolu Agency | Getty Images The Securities and Exchange Commission has until Nov. 14 to give a thumbs up or thumbs down to the VanEck Bitcoin ETF, the first exchange-traded fund in a long line of “spot” bitcoin ETFs that have applications in front of the regulator. The SEC has delayed a
Traders on the floor of the NYSE Source: NYSE Traders in the futures markets moved up their expectations for the first Federal Reserve interest rate hike to July from September, following a hotter than expected inflation report. “It’s a very sharp move we’re seeing the back end of 2022,” said Peter Boockvar, chief investment officer
There are plenty of opportunities as the market heads higher. But despite the positive direction, there are still plenty of stocks to sell. First, let’s take a look at some of the positives. Unemployment numbers are going down and vaccinations are going up. The pandemic is losing its teeth, the global supply chain issues are
Among the most disappointing initial public offerings (IPOs) of 2021, without a doubt, has been Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Not long after DIDI stock debuted on the New York Stock Exchange, the share price declined and it hasn’t recovered yet. Source: Piotr Swat / Shutterstock.com It’s not difficult to figure out what caused this
Facebook — now known as Meta Platforms (NASDAQ:FB) — is trying to change the narrative to a positive tone with its new name and upcoming MVRS ticker change on Dec. 1. That will help investors get excited about FB stock again. This includes its new focus on the metaverse and its desire to move into
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
In this article FUBO ACB-CA POSH COIN DASH Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Coinbase — Shares of Coinbase dropped more
InvestorPlace columnist Larry Ramer recently argued that Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Qualcomm (NASDAQ:QCOM) would become potential buyers of BlackBerry (NYSE:BB) once they become more familiar with the company’s QNX operating system. Ramer believes that’s a good reason to buy BB stock. Source: Shutterstock “[C]ompanies can’t hire enough cybersecurity experts to protect themselves from ruinous hacks,
So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected
A cost-of-living adjustment (COLA) is a purchasing-power protection mechanism provided to all monthly Social Security and Supplemental Security Income benefits. While a cost-of-living raise for Social Security recipients is technically “mandatory,” it does not mean there will be an actual increase every year: 2016 was one year when there wasn’t a raise, for example. By law,