In this article ABNB UBER PTON SQ PINS A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines after the bell: Peloton — Shares of Peloton sunk 25% in extended
Covid-19 vaccine giant Moderna (NASDAQ:MRNA) has been on a tear since the second quarter of 2020. It has grown its top line by over 6,500% on a year-over-year basis due to rampant sales of its Covid-19 vaccine. As a consequence, it now trades at a whopping valuation hardly justified by its long-term outlook. The lack of
It would be fresh in investors memory that Lucid (NASDAQ:LCID) stock surged from below $10 to highs of $64.86. This happened even before the special purpose acquisition company (SPACs) became announced publicly. After the announcement, LCID stock slumped to lows of $20. It’s a perfect example of investors selling on news and I believe that Ocugen
Personal savings are the primary wedding fund source for engaged couples today, but it’s not the only one. Weddings & Money 2021: A Brides & Investopedia Study, a new online survey of 1,000 U.S. adults planning a wedding, found it may take a village of people and payment methods to plan and pay for a
Often acclaimed as “the Steve Jobs of Investing,” Ray Dalio is an investment expert whose tough-but-innovative management style has revolutionized how to analyze stocks to buy. Dalio founded Bridgewater Associates in 1975, now one of the most successful hedge funds out there with over $200 billion in assets under management (AUM). This ace investor employs
(Click here to subscribe to the Delivering Alpha newsletter.) While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges. Eileen Murray is the chairperson at the Financial Industry Regulatory Authority and
Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images After a disastrous 2020, when many corporations were forced to cut dividends, these payments to shareholders have been rising for the last several quarters. The dollar value of dividends paid
In this article PLNT REGN W VIAC MRNA BKNG Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share,
The only question left regarding Uber Technologies (NYSE:UBER) stock is: where’s the bottom? Source: NYCStock / Shutterstock.com At around $45.70 per share, the ride-hailing and food delivery company’s stock is well down from its 52-week high of $64.05. UBER stock has fallen 14% in the past six months, and the share price is now up
Clover Health Investments (NASDAQ:CLOV) has been one of the year’s bigger disappointments. Other than a couple of days when CLOV stock was lifted by a short squeeze in June, the shares have been almost unrelentingly trending downward. With the latest decline, Clover’s shares are now down more than 50% in 2021. Source: Shutterstock This was
When Chief Executive Officer Mark Zuckerberg announced Meta (NASDAQ:FB) as the new name for Facebook, it validated Roblox’s (NYSE:RBLX) business model. RBLX stock closed at $78.36 on Nov. 11, up 13% year-to-date. Source: Miguel Lagoa / Shutterstock.com The prospects of a metaverse are very real. Virtual worlds have been around for many years. Companies also
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
It’s pretty easy to continue to buy growth in this market. Third-quarter earnings for big tech companies are crushing it. The economy is climbing the wall of worry that supply chain issues are promising. So why buy dividend aristocrat stocks? Well, first of all, these aren’t just dividend stocks. You need to think of these
Peloton Interactive (NASDAQ:PTON) was a pandemic favorite. With gyms shut down and people stuck at home, they snapped up Peloton’s pricey internet-connected exercise bikes and treadmills. But in the spring, with gyms reopening and the outdoors beckoning, sales quickly dropped off. Then things got even worse for PTON stock. Source: JHVEPhoto / Shutterstock.com It put
AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide. Source: Helen89 / Shutterstock.com On Nov. 1,
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
Facebook Inc. (FB), the world’s largest social networking website, was founded by CEO Mark Zuckerberg and several Harvard College roommates in 2004. The company’s name initially was FaceMash, which was changed to TheFacebook, eventually dropping “The” from its name to become, simply, Facebook. Zuckerberg and his co-founders initially launched the service for their Harvard classmates,
Analyst upgrades as well as downgrades typically get stock investors’ attention on Wall Street. When analysts upgrade companies, a ‘hold’, or neutral, opinion usually becomes a ‘buy’ conviction, with a new price target. And a downgrade involves an opposite move. Such a change in the conviction of a market professional who follows a given stock
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not