A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Check out the companies making headlines in midday trading. Wells Fargo — The bank stock jumped more than 5% after Bloomberg News reported that Fed officials had signaled to Wells Fargo that they would approve its
Month: February 2021
The Committee on Financial Services of the United States House of Representatives has scheduled a hearing on “recent market volatility involving GameStop [Corporation (GME)] stock and other stocks.” The hearing will be held virtually, starting at 12 noon Eastern Time on Thursday, Feb. 18, 2021. Among those called to testify are Vladimir Tenev, CEO of
Increasingly, I’m getting the impression that we’re headed toward a significant correction in the market. It’s hard to remember a time when seemingly any and all speculative plays have risen, whether for logical reasons or not. Among them, Ideanomics (NASDAQ:IDEX) has drawn massive interest, in large part because of its phenomenal performance. On a year-to-date
The rising e-commerce platform created by Shopify, Inc. (NYSE:SHOP) has been firing on all cylinders lately, and for good reason. Source: Burdun Iliya / Shutterstock.com Online buying and selling has accelerated through the pandemic as folks are forced to handle more of their shopping and small business needs online. Shopify, in particular, has moved fast to
The plant-based prescription medicine developer Jaguar Health (NASDAQ:JAGX) is one of the more unique biopharmaceutical companies on the market today. So JAGX stock isn’t for folks who value safety above all else, because Jaguar health isn’t your typical drugmaker. Source: luchschenF / Shutterstock.com Perhaps Jaguar Health’s most notable product is Mytesi (crofelemer), which is “the only
Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation skyrocketing to about $74 billion. The company raised the new funds at $419.99 a share, those people said
Check out the companies making headlines in after-hours trading on Tuesday. Verizon – Shares of the telecommunications giant were up 2% in after-hours trading after Warren Buffett’s Berkshire Hathaway revealed a big stake in Verizon. As of Dec. 31, Berkshire Hathaway owned 146,716,496 Verizon shares worth $8.6 billion at the end of 2020. SolarEdge –
The wage gap, also known as the “gender wage gap” or “gender pay gap,” refers to the disparity between what men and women earn for doing the same work. It is sometimes used to describe pay disparities between White workers and workers of color, as well as between workers in the United States and other
Artificial intelligence (AI) sounds vague, but the reality is it is just a computer that mimics human cognition. This allows it to be used in areas like robotics, machine learning, linguistics, and even psychology and philosophy! It’s also why AI is for more than a tool for just the tech sector. Source: Phonlamai Photo /
AMC Entertainment Holdings Inc (NYSE:AMC) has been at the center of two of the biggest stock market stories in decades. The pandemic resulted in moviegoers avoiding theaters. At the same time, it disrupted the dynamics of the movie business, seeing streaming video services get early access to blockbuster films. As a result, AMC stock lost
The travel and tourism industry might not have seen momentum in 2020, but the space industry has certainly gained traction this year. Despite the pandemic, the space industry witnessed an exciting period and is poised for a lot of action in 2021. Virgin Galactic (NYSE:SPCE) focuses on space tourism, and the stock has enjoyed strong
Evor-Lite site. Source: Eavor Technologies Canada-based geothermal company Eavor Technologies on Tuesday announced a $40 million funding round that included participation from BP Ventures and Chevron Technology Ventures as big oil companies increase investments in renewable energy. Geothermal power is renewable energy produced from underground heat. The U.S. Department of Energy calls geothermal a “vital
A highway is closed due to snow and ice in Houston, Texas, on Feb. 15, 2021. Chengyue Lao | Xinhua News Agency | Getty Images The Texas winter storm is expected to push gasoline prices up across the U.S. by about 10 cents per gallon within the next couple of days. That follows a five-cent
Today you’re going to learn what a put option is, when do people use it and why you may want to purchase a put option. What is a put option? When you’re buying a put, it means you’re looking for the stock to go down, which means you have a slightly bearish outlook. If you’re
Since the 19th century (or maybe the beginning of time), men and women have not been paid equitably for their work. Although there has been some progress toward closing the gender wage gap in the United States since the passage of laws, the results haven’t been equally felt by all women. The intersectionality between America’s
Is the stock market a casino? As a financial analyst, I believe that the stock market is not what a casino represents. The common factor is risk. But in a casino, you simply make bets, have no expectations but simply want to have fun, and the odds of losing your money are close to 100%.
On Jan. 20th, Hims & Hers Health (NYSE:HIMS) announced that it will begin trading on the New York Stock Exchange as HIMS stock. How? Well, the company did this by using a Special Purpose Acquisition Company (SPAC). That is, there was a merger into the shell company Oaktree Acquisition Corp. Source: Lori Butcher / Shutterstock.com
There’s no doubt that the headline tech stocks have been guiding this market to new highs. The big ones are in all the major indexes for this very reason. Are tech stocks really deserving of a place in the Dow Jones Industrial Average, when most don’t even build the goods they sell in the U.S.?
First-time claims for unemployment insurance totaled 793,000 last week as declining Covid-19 cases provided little relief for the jobs market. The total for the week ended Feb. 6 was above the 760,000 forecast from economists surveyed by Dow Jones but a slight decrease from the previous week’s upwardly revised total of 812,000. The pandemic era
Long ago, in the dawn of the Internet age, pirates ruled the digital waves and music-lovers found, to their delight, that anything could be downloaded for free. Sales of recorded music crashed. Every musician was playing the blues. Those days are over, but the road to a business model that works for Internet companies, music
- « Previous Page
- 1
- …
- 7
- 8
- 9
- 10
- 11
- …
- 20
- Next Page »