What’s the latest with Switchback Energy Acquisition (NYSE:SBE) stock? For the past few weeks, shares have traded sideways between $35 and $45 per share. SBE stock investors are still waiting for this SPAC (special purpose acquisition company) to close on its merger with ChargePoint. Source: Michael Vi / Shutterstock.com President Biden has moved ahead with
Month: February 2021
Arguably no other sector better represents the profound changes that we’ll see during the Roaring 2020s than electric vehicles (EVs). For more than a century, the combustion engine has defined personal transportation. But its obvious limitations — dirty emissions and complex architecture leading to multiple fail points — will play a huge role in companies
As you know, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) have been under the spotlight these past two weeks following the big Reddit short squeeze. I’ll discuss far more in-depth about the Reddit Revolution in my Breakthrough Stocks February Monthly Issue tomorrow, but today I’d like to spend some time discussing one of the biggest short
A Starlink user terminal installed on the roof of a building in Canada. SpaceX Boxes containing Starlink kits, with user terminals and Wi-Fi routers. Starlink Starlink is SpaceX’s ambitious project to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Pinterest — Shares of the image-sharing company were up 8.1% on the back of quarterly earnings that were higher than analysts expected as the
More than 80% of college students today receive financial aid in the form of scholarships, grants, or low-interest loans. Scholarships are one of the most attractive types of aid because they don’t have to be repaid—unlike loans, which eventually do. Here is what you need to know about both need-based and merit scholarships and how
In the stock market, the questions that flash through every trader’s mind when the S&P 500 has a bearish week go something like this: “What if this is it?” “What if this is the end of the bullish rally?” “What if the bears are waking up and taking control?” Those questions flashed through the minds
Green energy stocks have been rallying as the Joe Biden administration continues to push its eco-friendly policies forward. And leading fuel-cell solutions provider, FuelCell Energy (NASDAQ:FCEL), is among the biggest beneficiaries of that improved investor sentiment. Basically, the green-energy mania has taken FCEL stock and others parabolic. Source: Kaca Skokanova/Shutterstock In the last three months,
Software as a service stocks, better known as SaaS stocks, represent companies that host applications on the web that customers use as services. There are lots of great SaaS companies out there today, and a lot of them worth investing in. Some SaaS apps are simply going to be more suited to desktop use. For
It’s been a little over a month since Romeo Power (NYSE:RMO) merged with RMG Acquisition in a business combination valued at $1.3 billion that included $234 million in cash raised from selling RMG stock as part of its February 2019 special purpose acquisition company (SPAC) offering. Source: Scharfsinn / Shutterstock.com I won’t get into a
Cleveland Federal Reserve President Loretta Mester said top regulators should be looking at the GameStop trading saga and how it is impacting markets. However, she said the situation isn’t impacting how she approaches monetary policy and doesn’t see the Fed making any adjustments in reaction to the Wall Street uproar. “I don’t think it’s something
Wall Street is concerned about the Yellen regulator super-summit, and with good reason, market watchers say. “The Street should be worried,” Jamie Selway, former head of electronic brokerage at ITG and now an investment advisor, told me. “There’s clearly questions about gamification, and whether a lot of these approaches are suitable and inducing unnecessary trading
Take a look at some of the biggest movers in the premarket: Canada Goose (GOOS) – Canada Goose shares surged more than 15% in the premarket after the outerwear maker beat estimates on both the top and bottom lines. Results were helped by strong growth in China sales as well as a surge in online
Kevin Matras talks about a stock’s Earnings Yield and how to use it. Highlighted stocks include ACT, AHL, ANW, TRN and URI.
Tesla, Inc. (TSLA) is trading lower by 3% in Thursday’s premarket after missing fourth-quarter 2020 profit estimates by $0.23 per share, earning just $0.80 per share. Revenue rose 44.9% year over year to $10.7 billion, greater than the $10.38-billion consensus estimates. Gross margin fell to 24.1% from 27.7% in the third quarter, while deliveries surged
Shares of SunPower (NASDAQ:SPWR) are up more than 523% in the past year as of Feb. 1. Some of that SPWR stock gain has been fueled by solar energy support by the Biden Administration. Source: IgorGolovniov / Shutterstock.com Yet the company is still is in dire straits. Management announced the closing of a major plant
Online dating leader Match (NASDAQ:MTCH) reported mixed fourth-quarter numbers this week, and investors weren’t too impressed. MTCH stock gave back nearly 8% on the news. Source: Lori Butcher / Shutterstock.com But here’s the good part: This dip in Match stock is a golden buying opportunity. Match’s earnings were broadly good. But, more importantly, this remains
Welcome to Reddit-land! Source: Shutterstock Thanks to this online stock-chat forum, numerous previously unloved stocks have been rocketing higher over the past few weeks. Reddit has become a powerful, albeit narrowly focused, force in the stock market. In recent days, Reddit traders have sunk their teeth into heavily shorted names like GameStop Corp. (NYSE:GME), AMC Entertainment Holdings
A person works out at Planet Fitness as they re-open at 25 percent capacity in Boston’s Dorchester on Feb. 1, 2021. Jessica Rinaldi | Boston Globe | Getty Images As Washington squabbles over stimulus, the bond market is already counting on lots of fiscal spending and an economic bounce back. In an extreme case, inflation
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: eBay — Shares of the online marketplace rose 8.5% in after-hours trading after the company reported fourth-quarter earnings and revenues that topped analysts’ expectations. eBay posted adjusted per-share