I’m sending MoneyWire early today because I’m about to head over to the studio for our special event that starts in just a few hours at 4 p.m. ET. Source: TY Lim / Shutterstock.com I’ve mentioned it to you before, and there is still time to sign up if you’re interested. It’s free to attend.
Month: March 2021
After Ayro (NASDAQ:AYRO) announced a promising partnership and unveiled a new electric vehicle (EV) that I believe has a great deal of potential, the outlook of AYRO stock continues to be very favorable. Source: Alexandru Nika / Shutterstock.com Further, certain aspects of Ayro’s recent sales of its new shares bode well for its stock price.
Tiffany Hagler-Geard | Bloomberg | Getty Images Investors are finally getting a look at GameStop‘s fundamentals following a Reddit-fueled trading frenzy earlier this year. Here’s what the company did after the bell Tuesday. It released quarterly results that missed Wall Street’s estimates. In its latest executive shake-up, the company named former Amazon and Google executive
Take a look at some of the biggest movers in the premarket: Intel (INTC) – Intel said it would spend $20 billion to build two new plants at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at
Denison Mines (NYSEAMERICAN:DNN) is a Canadian uranium mining company with an outsized valuation and penny stock status. As such, investors should be careful about investing in DNN stock, as it is likely to be quite volatile. Source: Shutterstock The Toronto-based company has a major prospective uranium mining project in northern Saskatchewan called the Wheeler River
A Roth IRA is a terrific way to save for retirement. While you don’t get an upfront tax break, your contributions and earnings grow tax-free. And when you later take qualified distributions, they’re tax-free too. If you expect to be in a higher tax bracket in retirement than you are now or if you just don’t
There are often frequent comparisons between Penn National Gaming (NASDAQ:PENN) and Draftkings (NASDAQ:DKNG). However, the companies couldn’t be more different. Penn National owns or has interests in some 40 gaming properties across 19 states, under well-recognized brands such Hollywood Casino and Boomtown. Draftkings, on the other hand, has an app — and it’s a money-losing
Despite an up-and-down performance so far in 2021, Nano Dimension (NASDAQ:NNDM) stock has had an extraordinary 12-month run. Source: shutterstock.com/Alex_Traksel The Israeli 3D printing company is up only 1.65% year-to-date, but that includes wild swings that saw the NNDM stock price soar by 83% and tumble by more than 50%. Over the last 12 months,
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines after the bell on Tuesday: GameStop – Shares of the video game retailer dropped 11.9% after the company posted disappointing results for its fourth quarter. GameStop
Somehow Guardion Health Sciences (NASDAQ:GHSI) was able to raise $33.6 million in two equity cash raises during January and February 2021. That represents over half of the GHSI stock market capitalization of $62.42 million. So in that sense, the raise supports the stock. But don’t expect that to last long, given the company’s cash burn.
The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service (IRS). IRS penalties are typically assessed for violations of tax laws, such as misreporting income or claiming false deductions or tax credits. The IRS typically assesses penalties along with interest on the balance owed by a taxpayer, and
A value needle in a haystack of frothy SPAC valuations
Nearly a year since becoming CEO of International Business Machines (NYSE:IBM), Arvind Krishna has seen a 13% gain in the company’s stock. Source: Laborant / Shutterstock.com Trouble is the S&P 500 is up 47% in that time and the NASDAQ, containing most of the IBM’s competitors, is up 65%. IBM opens for trade March 19
Both Republicans and even Democrats are discovering that President Joe Biden isn’t the apocalyptic threat that many right-leaning conspiracy theories warned about. For instance, the Biden administration has been taking its sweet little time to overhaul his predecessor’s controversial immigration policies. No, the real threat to (and opportunity for some) stocks to buy is Senator
Founded during the financial crisis year of 2009, advertising automation platform Trade Desk (NASDAQ:TTD) has survived tough times and prevailed. Along with that, TTD stock traders have endured plenty of ups and downs, yet prospered in the long run. Source: BrightSpace / Shutterstock.com However, not every investor is 100% satisfied. That’s because the share price has
Traders work on the floor of the New York Stock Exchange. NYSE It’s the anniversary of the big drop: What’s changed? Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen are testifying before the House Financial Services Committee on the state of the economic recovery from the COVID-19 pandemic on Tuesday. It’s the one-year anniversary
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker’s stock fell 2.9% in premarket trading after an independent monitoring board told U.S. health officials that the company may have given incomplete efficacy data from its Covid-19 vaccine trial. The Data Safety Monitoring Board said it wanted AstraZeneca
Stocks across-the-board have made a stunning recovery from last year’s Covid-19 crash lows. But, many sin stocks have seen an even-more stunning recovery. Part of this has to do with the recession-resistant nature of sin stocks. Yet, a more important factor has been the acceleration of two megatrends. I’m talking about the rise of widespread
When most people think of an “intervention,” they friends and family gathered to demand a loved one seek treatment for alcohol or drug abuse. The person, overwhelmed by the outpouring of love and concern, hopefully agrees to receive the life-saving treatment. The same principles used to intervene in substance abuse can also be applied to
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