Clover Health Investments (NASDAQ:CLOV) recently reported second quarter revenue and earnings on Aug 11. The numbers showed a huge gain in revenue but an equally huge increase in its losses. This does not bode well for CLOV stock. Source: Shutterstock Additionally, Clover significantly raised its total 2021 revenue outlook from $820 million at the midpoint last quarter
Oracle Corporation (NYSE:ORCL) is leaning even harder into its cloud offerings with its latest announcement. Investors hope the company’s exciting new tech improvements can help push ORCL stock over the top. Source: Jer123 / Shutterstock.com That would be a neat trick considering how quickly Oracle has grown in recent months. It’s been a good growth
That’s right, I’m borrowing Jim Cramer’s famed line on Apple (NASDAQ:AAPL): “Don’t trade Apple, just own it.” That’s how I view Nvidia (NASDAQ:NVDA), although NVDA stock does tend to be a bit more volatile than Apple. Source: Sundry Photography / Shutterstock.com Apple is the largest tech company in the world, but it was prone to
Today we’re going to take a look at investing in IPOs or initial profit offerings. Investing in IPOs is something that people are often attracted to because they think that company could be the next Google, it could be the next Facebook or the next Microsoft, and as those companies increase their value in the
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In this article VGII SPCE Sir Richard Branson waves out the window of spacecraft VSS Unity before launching on July 11, 2021. Virgin Galactic Virgin Galactic founder Sir Richard Branson sold more of his ownership of the space tourism company this week, dumping another huge stake to fund his other ventures. The sales came as
In this article MNTS An artist’s rendering of a Momentus Vigoride transfer vehicle deploying satellites in orbit. Momentus Space company Momentus debuted on the Nasdaq on Friday, completing a nearly yearlong and turbulent merger process that resulted in a new CEO and the departure of its founders. “In terms of value for investors, I think
In this article AJRD BA Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance Boeing’s second uncrewed flight test of its Starliner spacecraft is delayed for at least two months due to issues with the capsule’s propulsion valves, the company said
In this article CYXT A data center. Erik Isakson | DigitalVision | Getty Images Company: Cyxtera Technologies Inc. (CYXT) Business: Cyxtera is a global leader in the data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises
In this article POSH VRRM PLUG TTD SQSP Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Finding fresh investment opportunities in the current financial environment isn’t easy, to say the least. However, following the recommendations of analysts who consistently get it right is one way to find compelling plays that may be
Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wildcard. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash
In this article WW COIN LUV PRGO WEN GOOS-CA Check out the companies making headlines before the bell: Canada Goose (GOOS) – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However,
In this article SONO BMBL UTZ CYB-FF PLTR EBAY Check out the companies making headlines before the bell: Palantir Technologies (PLTR) – The software platform company matched Wall Street forecasts with adjusted quarterly earnings of 4 cents per share and revenue beating analyst forecasts. Sales rose 49% from a year ago, and the stock rallied
In this article SOFI DASH ME ABNB DIS Check out the companies making headlines before the bell: Walt Disney (DIS) – Walt Disney reported adjusted quarterly earnings of 80 cents per share, well above the 55-cent consensus estimate, with revenue beating forecasts as well. Disney’s performance was boosted by a rebound in U.S. theme park
Let’s talk about utility stocks. Companies that grow dividends during periods of economic expansion are very common. The more difficult endeavor is to grow the dividend during times of economic hardship. Demand often falls in many areas as consumers and companies reduce their spending in recessions. Customers tend to keep their spending to a minimum
When Clover Health (NASDAQ:CLOV) tested multiple bottoms from March to May, it set up a technical June rally next. Hindsight is 20/20 and does not make money. Speculators now know the CLOV stock spike from $8 to $28.85 in June would not last. Source: Shutterstock Bears are not done betting against Clover. The short float
Talk of Clover Health (NASDAQ:CLOV) stock being a great short-squeeze play is making the rounds once again. Source: Shutterstock So, should you buy into the insuretech play now at around $8.50 per share, in anticipation of it zooming back to $20 per share and beyond? Not so fast. It may still be one of the
Contrary to the belief of many commentators, I think that the outlook of Carnival Corporation (NYSE:CCL) stock has improved in recent weeks. Source: Ruth Peterkin / Shutterstock.com Despite the negative impact of the Delta variant of the novel coronavirus, other, positive factors or Carnival, are, for now, outweighing the latest outbreak. Still, I believe that
The value of a cryptocurrency is only as secure as its network. Within the context of bitcoin, this security translates to validated and verifiably true transactions in the nodes operating in its network. Key Takeaways Security is key for most cryptocurrencies, including bitcoin. On the Bitcoin network, transactions are validated in each node. However, this is a
We are on the cusp of a once-in-a-generation technological revolution. No. I’m not talking about electric vehicles. Or self-driving cars. Or clean energy solutions. Or space tourism. In fact, you’re probably completely unaware of this seismic shift that is just around the corner, because Wall Street (and Main Street) are completely sleeping on this coming