The stock of leading Chinese technology firm Alibaba (NYSE:BABA) is so beaten down that it’s starting to resemble a Greek tragedy. Source: Kevin Chen Photography / Shutterstock.com At $162.86 per share at the start of Sept. 14, BABA stock is nearly 50% below its 52-week high of $319.32 reached just before Halloween last year. Since
The story of Hippo Holdings (NYSE:HIPO) stock had an inauspicious beginning. The homeowners insurance provider emerged from a special purpose acquisition company (SPAC) deal that soured in the eleventh hour. Now, investors are wondering if HIPO stock is worth a buy. Source: MIND AND I / Shutterstock.com InvestorPlace’s own Robert Lakin did an excellent job
Luminar (NASDAQ:LAZR) is a technology firm focused on developing light detection and ranging technologies, known as lidar. That technology, in turn, will be key for enabling electric vehicles (EVs) and autonomous driving. LAZR stock soared following its merger with a special purpose acquisition company (SPAC), Gores Metropoulos. Source: JHVEPhoto/shutterstock.com However, Luminar’s shares have been in
Marc Lasry, co-founder and chief executive officer of Avenue Capital Group. Adam Jeffery | CNBC Marc Lasry, who makes his living by investing in distressed companies, thinks the U.S. is potentially heading for that status itself. Though he’s not sure of the timing and doesn’t expect major problems to happen anytime soon, the billionaire head
In this article LUV HLF GE ORCL An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle – The tech company’s shares slid 3.7% after Oracle’s first-quarter revenue missed expectations. The company reported sales
Exxon Mobil (NYSE:XOM) stock seems attractive after some consolidation over the last six months. Source: Jonathan Weiss / Shutterstock.com The Delta variant of Covid-19 has translated into some uncertainty related to global GDP growth acceleration. However, vaccinations continue to provide hope and it seems likely that the world will crawl back to normalcy. Several stocks
Paysafe (NYSE:PSFE) stock has been on a wild rollercoaster ride since its public debut in March 2021. The company is a specialized payments provider operating in three main segments, Integrated Processing, Digital Wallet and eCash Solutions. It went public after merging with special-purpose acquisition company (SPAC) company Foley Trasimene Acquisition II Corp. Source: Sulastri Sulastri /
I’ll just say it point-blank. If a retiree asked me which stock he should pour his life savings into, I would recommend Intel (NASDAQ:INTC). Of course, you shouldn’t put your entire account into one stock – but if you had to do that, INTC stock is as good a pick as any. Source: dennizn / Shutterstock.com
Listen to what great investors and traders have to say about the right time for buying stocks. This video is going to open your eyes when it comes to scaling. Also, I’ll explain to you the entire process of scaling in and buying stocks as they move up. That way, you will get a clear
Inflation is one of the biggest concerns for investors now.
To hear American carmakers and the United Auto Workers tell it, government assistance is non-negotiable. Cash infusions courtesy of the taxpayer are necessary to protect a vital industry, keep people employed, and maintain Detroit’s place as one of commerce’s “shining beacons.” Yet the world’s second-largest car company manages to not only survive without help but generate
Rejection can be painful, especially if you’re a longtime investor in Canadian cannabis company Sundial Growers (NASDAQ:SNDL). Time and again, SNDL stock has flirted with the key $1 level, but gravity keeps pulling it back down. Source: Postmodern Studio / Shutterstock.com I’ll admit, I recommended a patient stance on Sundial Growers in July, and my timing wasn’t perfect.
An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images The banking and investing app MoneyLion is adding crypto trading to its all-in-one financial services app. The eight-year-old fintech company, which plans to go public later this month on the New York Stock Exchange under the
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
Exxon Mobil (NYSE:XOM) continues to trade lower, pushing up its dividend yield, and making XOM stock a very interesting bargain and value play. From a peak of $64.66 on June 25, the stock has drifted down to $55.25 as of September 13. But, as I wrote last month, it is still worth over $75, given
One of the most interesting financial services revolutions over the past few decades has been the advent of commission free trading at major online brokerage firms. No company has played a larger role in ushering in this new era of trading more than Robinhood Markets (NASDAQ:HOOD). HOOD Stock began trading on July 29. Source: mundissima
Let’s be honest: some traders haven’t been too impressed with Micron Technology (NASDAQ:MU) in 2021. They were probably expecting MU stock to continue climbing like it did during the first quarter of the year, but it simply didn’t work out that way. Source: Piotr Swat / Shutterstock.com A contributing factor to Micron’s challenges has been the
For anyone interested in the Internet of Things, also known as IoT, you should consider an exciting company known as Focus Universal (NASDAQ:FCUV). In recent weeks, FCUV stock has been getting a lot of attention — and for all the right reasons. Source: Shutterstock Why get involved in IoT as an investor? According to the company,
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic is delaying its first commercial research space mission after a third-party supplier warned of a potential defect in a component of the flight control system. Virgin Galactic shares slid 3.4% in the premarket. Dell Technologies (DELL) –