In this article PLUG .BBKA DAL BLK HAS JPM Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase reported a profit of $3.74 per share for the third quarter, compared with a consensus estimate of $3.00, while revenue also topped Wall Street forecasts. CEO Jamie Dimon said the quarter
Month: October 2021
The going has been tough for ChargePoint (NYSE:CHPT) stock after its massive price surge earlier in the year. Source: YuniqueB / Shutterstock.com The electric vehicle (EV) charging infrastructure company has shed nearly 50% of its value since the start of the year. Now CHPT stock trades at a more reasonable valuation with considerable upside for
It is time for Redditors to rejoice. After battling it out with hedge funds for the better part of a year, we are finally at a point where most short sellers are skeptical of touching GameStop (NYSE:GME) stock. Source: Northfoto / Shutterstock.com The short interest percentage of the total float stands at 16.98%, as of
ContextLogic (NASDAQ:WISH) stock may still rank as one of the most talked-about stocks on Reddit’s r/WallStreetBets subreddit. But as the “meme stock” trend has continued to cool, don’t count on this giving WISH stock the momentum it needs to bounce back toward prior price levels. Source: sdx15 / Shutterstock.com That goes for any potential it
Apple Inc. shares fell slightly Tuesday after a report indicated the smartphone giant is poised to cut iPhone production orders due to component shortages, but one analyst views supply-chain pressures as a buying opportunity. Morgan Stanley’s Katy Huberty sees several reasons why investors should “buy the dip” amid global supply woes, even after Bloomberg reported
The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
The National Bureau of Economic Research (NBER) defines a recession as “a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale-retail trade.” A recession is also believed to be signaled when businesses cease to expand, the GDP diminishes for two consecutive
In this article BLK DAL VMEO Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Check out the companies making headlines in midday trading. BlackRock — Shares of the asset management giant rose
With its drop-off in price since last month’s short-squeeze rally, Vinco Ventures (NASDAQ:BBIG) may look to many like a “flavor of the month” penny stock. And true, BBIG stock does still need to live up to the hype. But at the same time, I wouldn’t write this one off as an opportunity. Source: shutterstock.com/Postmodern Studio
Zoom Video Communications (NASDAQ:ZM) was one of the prime beneficiaries of the coronavirus pandemic. It closed out 2020 with a colossal run rate of $3.5 million in revenues. However, judging from recent results, its top- and bottom-line growth are slowing as we inch closer to a post-pandemic reality. Moreover, ZM stock is incredibly overvalued based
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
Don’t pass the salt. The Food and Drug Administration is concerned about America’s salt consumption, and the agency issued new guidance Wednesday for restaurants and food manufacturers to voluntarily reduce the amount of sodium in their food to 3,000 mg per day — still higher than the recommended daily allowance — over a 2.5-year period.
Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t
A trader works behind plexiglass on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 28, 2021. Andrew Kelly | Reuters Today is the traditional start of third-quarter earnings. Here’s the good news: Business is good. Demand for most goods and services are high. Here’s the bad news:
We bring back one of our most popular guests, investment expert Lyn Alden. Together, we explore how to build a global portfolio. Lyn teaches us how we can determine the most attractive equity markets, how to identify red flags, and how we can protect ourselves against inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro
Alphabet Inc. (GOOG, and GOOGL) is a holding company and parent of Google. The company provides software and Internet-related services including web browsing and search, cloud computing, streaming entertainment, and mobile operating systems, among others. The parent also is involved on a broad array of businesses, including cloud computing, software and hardware, advertising services, and mobile
In this article ENPH GE MGM The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in midday trading. MGM Resorts — Shares of MGM Resorts jumped nearly 7% after Credit
Since the listing of Skillz (NASDAQ:SLKZ) stock in December 2020, there has hardly been any reason for investors to rejoice. After touching highs of $46.30 in February 2021, SKLZ stock has been in a sustained downtrend. Source: NYCStock / Shutterstock.com Of course, there are multiple reasons to be worried. However, even without these factors, SKLZ
On Oct. 5, InvestorPlace’s Louis Navellier argued that Ocugen (NASDAQ:OCGN) stock needs a catalyst for it to break free. Source: shutterstock.com/PhotobyTawat One day earlier, Ocugen appeared to get not one but two catalysts, according to a regulatory filing. As a result, OCGN stock even traded 11% higher in pre-market Oct. 5 trading. Yet by the end
Did you see solar stocks on Monday? This particular green sector went parabolic! While the S&P 500 dropped 0.7%, the entire Invesco Solar Portfolio ETF (NYSEARCA:TAN) posted a very impressive 3.6% gain (plus a 0.7% after-hours pop), paced by a 10% gain in Daqo Energy (NYSE:DQ) and a 9% gain in SunPower (NASDAQ:SPWR). The catalyst?
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