I’ve long called the situation with GameStop (NYSE:GME) a case of waiting for the other shoe to drop. With its latest sharp dive lower, that “shoe -drop” moment appears to have arrived. Specifically, the legion of self-described “apes” that have kept GME stock punching above its weight have started to head for the exits. Source: Shutterstock
Month: December 2021
What Are Solvency Ratios? Solvency ratios are primarily used to measure a company’s ability to meet its long-term obligations. In general, a solvency ratio measures the size of a company’s profitability and compares it to its obligations. By interpreting a solvency ratio, an analyst or investor can gain insight into how likely a company will
I may have called it one ahead of time. But now, after it’s slipped below $5 per share, Clover Health (NASDAQ:CLOV) is officially a penny stock. Sure, this label says little about the prospects for CLOV stock, or its underlying business. Yet there is one key takeaway. The hope and hype surrounding this online-based provider
U.S. stock futures were mixed on Monday, as investors digested the latest news on the spread of the coronavirus and prepared for new inflation data later in the week. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.33% rose 91 points, or 0.3%, to 34658 Futures on the S&P 500 ES00, -0.01% were
In this article SNOW BA AAPL SIG FIVE OKTA Check out the companies making headlines in premarket trading. Snowflake — The cloud data company’s shares jumped more than 13% after the company reported quarterly results that beat revenue estimates. Snowflake also reported sales of $334 million during the third quarter, which exceeded the $306 million
Electric vehicle (EV) company Fisker (NYSE:FSR) has had a roller-coaster year. But now with 2021 reaching a close, FSR stock is on a roll. Specifically, the month of November was big for the company, highlighted by an Ocean EV unveiling at the LA Auto Show. FSR stock closed out October at $16.05. By the last day
Teladoc’s (NYSE:TDOC) stock growth is slowing, its losses are increasing, and its advertising, sales and marketing costs are jumping. Source: Postmodern Studio / Shutterstock.com I believe that these trends are all signs that the company is being hurt by the tough competition that I’ve warned about in the past. Meanwhile, the easing of the pandemic
As of today, September 13, 2021, the jumbo 30-year fixed mortgage rate is 3.14%, the jumbo 15-year rate is 2.82%, and the jumbo 7/1 ARM rate is 2.19%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to
It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the
Dear Quentin, My wife and I have struggled for years financially. She is disabled, and I’m the main source of income for our family. I’m 59 years old, and my wife is 58 years old. During the 2008 housing crisis, things got worse and we lost our home. We lived three years in an apartment
In this article ULTA MRVL DOCU OLLI Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Check out the companies making headlines after the bell: Marvell Technology — Shares of Marvell Technology surged more than 11% in extended trading after the
Like many names in the fintech space, SoFi Technologies (NASDAQ:SOFI) stock has been falling for the last month. But some investors have still done well. The stock has seen massive price spikes and falls, and the consensus price target of analysts is $25.57. However, I believe SoFi is a solid long-term buy. Source: rafapress /
I’d highly discourage you from investing in Peloton Interactive (NASDAQ:PTON) stock no matter what you hear about its possible turnaround. Source: JHVEPhoto / Shutterstock.com With the rise of the new Omicron variant, many investors may be looking to edge towards heavier portfolio allocation in “stay-at-home stocks.” Whether this would be a good move or not
Microeconomics vs. Macroeconomics: An Overview Economics is divided into two categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments. Though these two branches of economics appear different, they are actually interdependent and complement one another. Many overlapping issues exist between the two
The pandemic had brought our lives to a standstill. Thankfully, the vaccines are effective against it and have worked as a light at the end of a dark tunnel. But the new Covid variant has brought back the anxiety and stress associated with the pandemic. The World Health Organization has called it a “variant of
FRANKFURT, Germany (Project Syndicate)—Many countries are reporting their highest rates of inflation in decades: 6.2% in the United States, 4.2% in the United Kingdom, 5.2% in Germany, and above 4% in the eurozone. Some insist that it is a temporary phenomenon; others fear that we must brace ourselves for an extended period of significant price increases driven by expansionary monetary policies and rising
In this article COF Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One says it is eliminating all overdraft fees for retail banking customers. It’s the largest U.S. bank yet to end the industry practice of charging customers a hefty fee, typically $25 to $35 each instance,
Andrew Valenzuela is helped with his application during a job fair at a Post Office in Los Angeles, California on September 30, 2021, as the US Postal Service looks to fill 40,000 seasonal-worker positions in preparation for the winter holidays. Frederic J. Brown | AFP | Getty Images The Federal Reserve is expected to move
Snap (NYSE:SNAP), the camera company that makes all its revenue from advertising, took a big tumble on Oct. 21 when it released its quarter-three earnings. Apple’s changes to the iOS platform that impact the way advertising is targeted, measured, and optimized hurt Snap’s revenue base. In short, people opted out of its ads. Since then,
It’s been nearly 38 years since AT&T (NYSE:T) became a stand-alone stock, replete with its “deathstar” logo, after the telecom giant was split into seven smaller telecom companies as part of one of the biggest antitrust cases in U.S. business. The classic $10,000 invested then would be worth $3.55 million today. Source: Roman Tiraspolsky /