Month: February 2021

On Dec. 10, 2020, a SPAC (special purpose acquisition company) called TPG Pace Beneficial Corp. (NYSE:TPGY) announced a reverse merger with a European charging company EVBox Group. TPGY stock (the new symbol will be EVB after the merger) is worth at least 67% more at $49.32 when the SPAC merger closes. Source: NESPIX / Shutterstock.com
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Bill Gates told CNBC the Reddit-fueled trading mania in GameStop and other stocks was reminiscent of betting at a casino and not investing. The billionaire philanthropist and tech entrepreneur’s comments ran Thursday on “Squawk Box,” hours before the House Financial Services Committee holds a hearing on the GameStop short squeeze that was sparked last month.
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A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart
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Back in July 2020, I wrote that relatively unknown fast-casual chicken-wing chain Wingstop (NASDAQ:WING) was the next McDonald’s (NYSE:MCD). Since then, WING stock has largely traded sideways, despite huge gains in the broader market, because valuation friction has put a lid on shares in the near-term. Source: Shutterstock This valuation friction has now disappeared. Wingstop recently
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Recently, after being asked to look at Beyond Meat (NASDAQ:BYND), I did a drive-by recommendation for Pepsico (NASDAQ:PEP). Well it turns out things are looking good for Pepsico stock. Source: suriyachan / Shutterstock.com “The stock’s not bad even without Beyond Meat,” I wrote. “With it, it’s even tastier.”  Today, after delivering fat earnings and a
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CEO & Co-Founder Vaynermedia Gary Vaynerchuk speaks at the Brand U Event at Nasdaq MarketSite. Roy Rochlin | Getty Images The newfound influence of Reddit users on the stock market is just a microcosm of what’s to come in the technology era, advertising guru Gary Vaynerchuk told CNBC Wednesday. “You’re seeing the maturity of the internet
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In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase shares of a mutual or exchange-traded fund (ETF) that replicates the price of gold, or they can trade futures and options in the commodities market. Average investors, for example, might buy gold coins, while
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