Shares of FuelCell (NASDAQ:FCEL) are dropping after a poor earnings report. The company reported $18.7 million in revenue for the quarter. This was a stark 18% decline from the previous year. However, it also represented a drop from the prior quarter. But that alone was not the reason that FCEL stock is declining. Source: Kaca
Month: September 2020
Adam Dell attend Sony Pictures Classics And The Cinema Society Host The After Party For “The Burnt Orange Heresy” at New York Academy of Art on March 5, 2020 in New York City. Paul Bruinooge | Patrick McMullan | Getty Images Goldman Sachs is one step closer to creating what it calls the digital bank
Check out the companies making headlines in the premarket Monday: Nvidia (NVDA) — Nvidia shares popped more than 6% in the premarket after the company announced it would buy fellow chipmaker Arm Holdings from SoftBank. The deal is valued at $40 billion and Nvidia will finance it through a combination of cash and common stock. Immunomedics (IMMU),
With a flurry of mergers and acquisitions (M&A) activity, the broader market jumped higher on Monday after a volatile week last week. Let’s see if it can sustain that action going forward through the rest of this week. In the meantime, though, let’s look at a few top stock trades. Top Stock Trades for Tomorrow
Covid 19 has weakened demand for oil resulting in declining production and prices. Hence, industry stalwarts such as Exxon Mobil (NYSE:XOM) have taken a beating. However, with a focus on cost-reduction, debt management, and dividend expansion, Exxon Mobil stock is still worth investing in. Source: Harry Green / Shutterstock.com Second-quarter results were expectedly poor but
If you thought China was a tea-drinking nation and not at all into coffee, you’d be right – supposing your notions were from a generation ago. Thus insofar as investment, the opportunity presented by Luckin Coffee (OTCMKTS:LKNCY) was tempting. Until recently. Now it’s turned into one bitter brew and the question is whether Luckin Stock
Transportation, power, and water facilities are public goods that benefit everyone in the economy, and government provision of these goods is critical to the economy. That is not a controversial conclusion. However, infrastructure projects are often touted as excellent methods of fiscal stimulus, irrespective of the benefits of the end products they produce. This claim
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images Shares of DraftKings rose sharply on Monday after the sports gaming company announced an agreement with sports entertainment giant
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. Bloomberg Check out the companies making headlines midday Monday: Immunomedics — Immunomedics stock more than doubled on news that Gilead Sciences would buy the cancer drugmaker for $21 billion. The transaction is expected
It has been a decade — since November 2010, to be precise — since Sorrento Therapeutics (NASDAQ:SRNE) has seen its stock hold onto a big gain. From then to now, SRNE stock is off by 15%; it currently trades at $6.32 per share. If you’re hitting yourself for sticking around that long in search of
Investors curious to know which electric vehicle stocks to buy have an increasing number of options to choose from. Markets have certainly warmed up to the idea of electric vehicles, which was not the case several years ago. There are now many companies which are beginning to make waves in this space. Returns could be
The last time I weighed in on Advanced Micro Devices (NASDAQ:AMD), I said that AMD stock could easily explode to $100 per share thanks to a significant number of catalysts. Source: Fabio Alcini / Shutterstock.com That was on July 30, as AMD stock traded at $76.09. Not long after, AMD would run to a high
Alongside the rest of the tech sector, shares of freshly public Vroom (NASDAQ:VRM) have taken a nose dive recently, with Vroom stock falling as much as 30% in a matter of days. Source: Lori Butcher / Shutterstock.com But guess what? Vroom is still pioneering a new era of online car buying and selling. The company
2020 has added several new terms, such as “social distancing” to our daily vocabulary. Therefore, let’s look at five hot stocks to buy that are still profiting from social distancing. Recent research led by Jean-Noel Barrot of HEC Paris highlights the following: “The global health crisis caused by the outbreak of the Covid-19 virus has led
On Tuesday, Aurora Cannabis (NYSE:ACB) announced a potentially massive 1.8 billion CAD ($1.37 billion) write-down for Q4. Simultaneously, the Canadian marijuana company announced it has chosen a new CEO, its Chief Commercial Officer Miguel Martin. The market reacted with shock, sending ACB stock down 12% before recovering. Source: Shutterstock But it’s a trick that other companies
Despite the recent weakness in tech stocks, shares of Pinterest (NYSE:PINS), a visual discovery engine, are still up over 85% year-to-date. In fact, $1,000 invested in PINS stock during its March lows would now be worth around $3,400. Source: Nopparat Khokthong / Shutterstock.com “Visual search and recommendations, collectively referred to as visual discovery … is
Despite a depressed travel industry, many investors still view Airbnb as a solid investment option. The short-term rental company confidentially filed the paperwork to go public later this year The Wall Street Journal reported last month. The change in events has spurred increased interest among believers eager to get in on Airbnb stock. Source: Tero
I’m a long-term bull on cannabis stocks. But that doesn’t mean I’m a long-term bull on every cannabis stock. Tilray (NASDAQ:TLRY) stock shows why. Source: Jarretera / Shutterstock.com After all, the potential of the cannabis market remains enormous. Admittedly, early returns have been disappointing. Canadian producers like Tilray built up too much capacity. International markets
StubHub operates one of the world’s largest online ticket reselling marketplaces. The company brings together ticket buyers and sellers and allows them to transact business by using either the company’s web site or mobile applications. A subsidiary of eBay Inc. (EBAY), StubHub has been operating since 2000 and is one of the most recognizable online
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on
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