Month: February 2021

On Monday evening, Chegg (NASDAQ:CHGG) reported blockbuster fourth-quarter numbers (PDF) to wrap up a record 2020 for the digital education company. In response to Chegg’s stellar finish to a breakout year, investors pushed CHGG stock up to fresh all-time highs. Source: Shutterstock That response makes complete sense. Chegg’s strong earnings report provides further evidence that
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Oil stocks have been among the market’s worst stocks to own over the past few years. The global supply glut has caused oil prices to fall significantly as many of the world’s largest producers have ramped up production. At the same time, the coronavirus pandemic caused demand for refined products to plunge. This has served
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One look at ContextLogic (NASDAQ:WISH) and I get the distinct impression that it’s anything but a retail e-commerce site. Its business is so hard to define; I have a tough time understanding why anyone would invest in WISH stock. Source: Shutterstock If there’s one business that I can understand quickly, it’s retail. My dad spent
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If anybody on Wall Street is due a victory lap, it’s Daniel Pinto. The head of JPMorgan Chase‘s massive corporate and investment bank is fresh off a year for the record books: Pinto’s business produced $49.3 billion in revenue and $17.1 billion in profit in 2020, more earnings than JPMorgan’s three other divisions combined. But
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Suicide is the 10th leading cause of death in the United States. While life insurance can provide coverage in the case of suicide, many policies have special provisions that limit the payment of benefits.   Key Takeaways Many life insurance policies contain a suicide clause or provision. Companies will typically not pay a death benefit
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Macy’s (NYSE:M) is trying to reinvent itself. It’s an exciting project but one that isn’t likely to make a huge difference for M stock. Source: digitalreflections / Shutterstock.com Market by Macy’s, a stripped-down version of the Macy’s shopping experience, aims to bring the troubled department store back to where the shoppers are, suburban strip malls.
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The key to scoring huge gains in the stock market rests in identifying innovative hypergrowth companies in the top of the first inning of their growth narratives. And, with that in mind, I’d like to introduce readers to space technology pioneer Momentus — who, through a merger with blank-check company Stable Road Acquisition Corp (NASDAQ:SRAC),
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Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take
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If bureaucracies are good at anything, it’s creating paperwork, and the IRS is the king of all bureaucracies, especially when it comes to tax forms. Most paperwork you’ll need to file your federal tax return can be completed and submitted electronically, but you’ll need to acquire a number of forms to get the job done.
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Jumia (NYSE:JMIA) is an online marketplace which targets 11 African countries. It’s currently operating in Algeria, Cote d’Ivoire, Egypt, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tunisia, and Uganda. The firm generates a majority of its revenue from western Africa. Its markets account for over 70% of Africa’s GDP and internet users and 600 million
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The Standard & Poors 500 (S&P 500) Index is a popular benchmark index of large-cap stocks in the United States. The S&P 500 Index is a price index, meaning it represents the stock prices of the companies within the index. Some stocks are weighted more heavily than others, which means they have a greater impact
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