Month: January 2021

America’s increasing reliance on the 401(k) plan and other defined-contribution retirement accounts is a double-edged sword. On the one hand, because investors (and not pension managers) decide how the funds are invested, they have more control over the funds they’ll need during their later years. But gone are the days when most investors could count
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When the special purpose acquisition company (SPAC) deal to merge with electric-vehicle (EV) infrastructure company ChargePoint was announced back in September, Switchback Energy’s (NYSE:SBE) profile was raised among investors. And as a result, the SBE stock price started to perk up. Source: Michael Vi / Shutterstock.com For prospective investors in the EV charging niche, this $2.4
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Crypto trading exchange Bakkt, which counts NYSE-owner Intercontinental Exchange, Inc. (ICE) among its investors, is going public at the New York Stock Exchange (NYSE) via a merger with VPC Impact Acquisition Holdings Inc., a special purpose acquisition company (SPAC). SPAC companies raise money from public markets specially for the purpose of merging with startups in
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As the novel coronavirus attached its soul-sucking, lamprey eel tentacles to America and the world in 2020, it took down 1.9 million lives and the livelihoods of good people in a slew of slain industries. Among those scorched, perhaps none suffered so much as travel and hospitality — which brings up a baffler. If Airbnb
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A new way to invest in the online payments business is emerging with Foley Trasimene Acquisition II (NYSE:BFT) and shares of BFT stock. Source: Shutterstock The focus, for now, is on Foley Trasimene Acquisition’s latest chapter. But the excitement is coming from the company’s soon-to-be-partner, Paysafe, and its major role in digital financial transactions from
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Finding new growth stocks can be a risky endeavor. This is the case with Luminar Technologies (NASDAQ:LAZR) and with LAZR stock. Source: Oskari Porkka/ShutterStock.com At first glance, LAZR stock appears to be attractive – a slam dunk, even. But first impressions can turn out to be wrong in many circumstances. And an investor’s relationship with
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The London Interbank Offered Rate, more commonly known as LIBOR, is one of the most widely used benchmarks for determining short-term interest rates across the world. Administered by the ICE Benchmark Administration (IBA), it stands for Intercontinental Exchange London Interbank Offered Rate. It indicates the average rate at which large banks in London can borrow
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Shares of U.S. cannabis supplies retailer GrowGeneration (NASDAQ:GRWG) soared today after the company reported much better-than-expected preliminary fourth quarter numbers and significantly hiked its 2021 revenue guide. GRWG stock popped more than 15% on the news. Source: Shutterstock Some investors may be surprised by this big move in GRWG stock. Longtime readers of mine, though,
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For months now, I’ve been showing you a certain revenue projection in order to demonstrate just how large, important, and potentially profitable the switchover to 5G communication networks will be. Source: Shutterstock Source: Shutterstock In fact, I shared it with you just recently. Here’s how I put it: “Qualcomm Inc. (NASDAQ:QCOM) estimates that 5G networks will
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So you’ve decided you want to become a certified public accountant. If you’ve taken all the undergraduate and graduate-level classes in accounting, business law, and general studies that your state requires, and have logged some work experienced (as required in all but a few states), you’re ready to take the Uniform CPA Examination. This is a
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