Rivian (NASDAQ:RIVN) is yet another example of the current retail investing revolution. With hot trends like electric vehicle (EV) stocks still top of mind, there has been a continuous struggle between small-time investors and institutional players. What’s more, Rivian has already delivered a ton of excitement to believers, sporting gains of 120% from its initial
Month: November 2021
ContextLogic (NASDAQ:WISH) operates Wish, an e-commerce platform that facilitates transactions between sellers and buyers, focusing on the budget-conscious consumer. Founded by Piotr Szulczewski and Danny Zhang back in 2010, this company has grown rapidly due to its innovative business strategies and easy-to-use platform. However, due to issues surrounding quality on the platform and wider reopenings,
This year’s Thanksgiving dinner could stretch your wallet even worse than your waistline. That’s the dish from the latest American Farm Bureau Federation survey, which has been itemizing the average cost of several dishes traditionally served at Thanksgiving dinner for almost four decades. The Farm Bureau’s shopping list includes enough turkey, stuffing, sweet potatoes, rolls
(Click here to subscribe to the new Delivering Alpha newsletter.) Private equity is one of the few asset classes that’s been able to outperform even public equities during the bull market. And the sector is reaping the benefits of that outperformance with 529 firms in the space raising an aggregate equity volume of $1.4 trillion over a
Activision Blizzard (ATVI) & Twilio (TWLO) present us with excellent post-earning entry opportunities. For my full portfolio of stock picks and holdings check out The Headline Trader: https://www.zacks.com/headlinetrader/ Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
If you’re in your 20s and want to open an IRA, consider yourself lucky because you’re ahead of the pack. But be aware that the unique tax benefits of a Roth IRA may make it a better option for younger savers than a traditional IRA. A traditional IRA provides a tax deduction on contributions and
In this article TGT V TJX LCID RIVN TSLA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target — The retail giant saw shares fall nearly 5% despite posting beats
One of the most significant investment themes over the past few years has been 5G technology. The introduction of 5G has markedly increased global telecommunications. As the world has become more reliant on data, 5G infrastructure makes transmitting information across networks faster and more efficient. Even governments consider the development of 5G networks to be
At just above $11.20 per share, BlackBerry (NYSE:BB) has held onto a decent chunk of its 2021 meme stock gains. The question now is whether that will stay the case for BB stock once the meme stock phenomenon finally comes to an end. Source: Paul McKinnon/Shutterstock.com My colleagues here at InvestorPlace are split on its
To discuss the buy-worthiness of the top 10 meme stocks, we first need to define what those top 10 meme stocks are. Of course, there are multiple ways to define the category. For instance, we could put together a list based on some arbitrary measure like the market capitalizations mentioned on Reddit’s r/WallStreetBets. That would
The debt ceiling is returning for a new season. It promises to be full of drama as yet another deadline — Dec. 15 — looms for Congress to raise the debt limit or put millions of Americans’ livelihoods at stake. Lawmakers reached a last-minute October agreement to raise the debt limit by $480 billion to
In this article WMT TGT CNBC’s Jim Cramer said Target, like Walmart a day earlier, should not be trading lower because the big-box retailer’s quarterly results on Wednesday were “terrific.” “It is just a conundrum to see Target down $12 [or roughly 5%],” Cramer said, referring to the stock’s premarket decline at the end of
Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Retailers are reporting this week. Here’s the good news: The consumer is strong, and retail balance sheets have dramatically improved. “I have been bullish for over a year,” David Berman, portfolio
Mortgage Broker vs. Direct Lender: An Overview The mortgage industry is full of individuals and companies helping people get access to financing for one of the biggest investments in their lives. These entities include mortgage brokers and direct lenders. While they may provide services to people seeking mortgage loans, they are very different. A mortgage
Take a look at some of the biggest movers in the premarket: Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said
Lucid Group (NASDAQ:LCID) just released its Q3 financial results on Nov. 15, showing that its order book is growing nicely. It is now clearly seen as a real force in the luxury end of the electric vehicle (EV) market. As a result, LCID stock is bound to move substantially higher from here. Source: Around the
Narratives are vitally important in the stock market. In the case of AT&T (NYSE:T) stock, it isn’t particularly positive. Source: Roman Tiraspolsky / Shutterstock.com That’s because AT&T has undergone a very long period of stagnation. Despite multiple attempts to revitalize its business and increase share prices, not much has changed. A decade ago, T stock
In recent days, Ocugen (NASDAQ:OCGN) has been a source of windfall profits for both fast-money retail traders and the stock’s deeply entrenched bear camp. But for less fleet-footed investors, it’s likely time to move on from OCGN stock. Let me explain. Source: shutterstock.com/PhotobyTawat Reddit’s excessive influence on a subset of companies’ shares has been a
Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
Elon Musk sold a large chunk of Tesla Inc. stock for the seventh straight day Tuesday, bringing him nearly halfway to his Twitter promise of selling 10% of his stake in the company. According to filings with the Securities and Exchange Commission, Musk exercised more of his options and sold more than 934,000 shares Tuesday,
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