Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move
Month: July 2021
Based on my financial analysis, I would not touch Bionano Genomics (NASDAQ:BNGO) right now. I would run fast and far away from BNGO stock. But why? There are several reasons, and they all have to do with fundamentals. Source: Natali_ Mis/ShutterStock.com While the company has a positive catalyst here and there, its revenue and subsequent
What Is Crypto Tourism? Crypto tourism is a form of tourism that caters to cryptocurrency enthusiasts by offering a packaged travel tours that can either be paid for with digital currency or offer lectures or classes about cryptocurrency as part of the tour. . Key Takeaways Crypto tourism gained traction in 2017 and continued until
Editor’s Note: This article is part of Joanna’s Top Trades — a weekly feature dedicated toward making you money within a specific space. Joanna’s picks for this week are Autoliv (NYSE:ALV) and Romeo Power (NYSE:RMO) as the top electric vehicle (EV) supplier stocks to trade this week. I’m a green investor — from cars, to
The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.’s June-quarter conference call. Typically the most important tidbit coming out of fiscal third-quarter earnings, which Apple AAPL, +1.20% is scheduled to report Tuesday afternoon, is the company’s outlook and commentary around its September-quarter revenue, which can hold clues as to
Nanotechnology is not a novel concept. However, its application in a variety of areas is increasing at an exponential pace. That is why nanotech stocks are becoming the latest investment craze that is taking the markets by storm. The stock market is keen to find the next biggest technology boom. So, it isn’t surprising nanotech
In this article DHI LVS LUV NTGR UNP Blackstone Group office in Luxembourg. Geert Vanden Wijngaert | Bloomberg | Getty Images Check out the companies making headlines in midday trading. DiDi – The Chinese ride-hailing giant’s shares shed more than 9% after Bloomberg News reported that Beijing is considering harsh penalties from a massive fine
In all my articles about stocks on InvestorPlace, I save my investment thesis for the end. But for GameStop (NYSE:GME), let me be upfront: I do not like the stock, its fundamentals or certainly its lofty price. Source: rblfmr / Shutterstock.com There are many good stocks listed on the U.S. stock exchanges, and many of them
The future’s cars have long since moved from our imagination into the real world. High-profile successes and failures have created a polarized discussion surrounding the industry’s outlook, but no conclusions have emerged. As more automakers contemplate the direction of the industry, there are still too many unanswered questions. For one, companies continue to focus exclusively on
Stick around in the business of assessing investment opportunities, and you’re bound to make your fair share of calls that go awry. That’s exactly what happened with my early June take on Vaxart (NASDAQ:VXRT). While I appreciated the company’s distinct approach toward a Covid-19 vaccine, I felt it was doing too little, too late. Therefore,
U.S. stock futures pointed to further gains for Wall Street on Friday, as investors continued to balance positive earnings news with concerns about how rising COVID-19 cases might affect the economic recovery. What are major indexes doing? Futures on the Dow Jones Industrial Average YM00, +0.48% rose nearly 0.4%. S&P 500 futures ES00, +0.52% rose
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Novavax (NASDAQ:NVAX) looks like good value today given both its prospects (especially in India) and its valuation metrics. This is a biotech company that has developed a popular, non-RNA-related vaccine against Covid-19. Right now, it looks like NVAX stock could be worth at least 100% more to $419 than its present price of $209.52 as
Mark “Forger” Stucky, after piloting the company’s first successful spaceflight on December 13, 2018. Virgin Galactic Mark “Forger” Stucky, Virgin Galactic‘s flight test director and pilot, is no longer with the space tourism company. “I am now a former Director of Flight Test and former SpaceShipTwo pilot,” Stucky wrote in a post on LinkedIn. He
In this article INTC SNAP TWTR SAM SKX The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines after the bell: Twitter — Shares of Twitter jumped more than 4% after hours following a strong quarterly earnings report. The social
Heading into 2020, S&P 500 dividend stocks had averaged 8.1% dividend growth over the previous five years. In 2020, thanks to Covid-19, that growth slowed to a trickle, up by a scant 0.07%. Now halfway through 2021, dividend payouts for the S&P have reversed course, presently down by 3.05%. Many companies have slowed their payouts
In the rosiest of scenarios for Ocugen (NASDAQ:OCGN) stock, the Covaxin vaccine for the novel coronavirus will be approved by the FDA only around the second quarter of 2023. And the company appears to be dragging its feet on getting the process started. Source: shutterstock.com/PhotobyTawat Meanwhile, information I recently uncovered suggests that Canada will probably
Garrett Camp (born 1978) is a native Canadian entrepreneur who is famous for his ground-breaking technology ventures. His best-known companies include Uber and StumbleUpon (now Mix), both of which he co-founded. Camp is currently chairman of Mix and a founding partner of business incubator Expa, through which he funds start-ups. One of his latest projects is
The investing world has certainly changed in recent decades. If I had proposed to my partners at my former firm in the 1990s that one day we could buy stock in a company that grows marijuana, I would have been fired on the spot. Canadian based Sundial Growers (NASDAQ:SNDL) is just one of the many
After hitting record stock prices on high hopes for alcoholic seltzer drinks, Boston Beer Co. Inc. fell flat Thursday, and executives admitted they had “overestimated the growth of the hard seltzer category.” Boston Beer SAM, +1.89%, maker of Sam Adams beer and Truly-branded alcoholic teas and seltzers, reported a second-quarter profit decline and significant earnings
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