Decentraland (CCC:MANA-USD) has long been on the radar of cryptocurrency enthusiasts. Metaverse pundits have been aware of its importance to the greater movement to digitize our physical world and everything that comes with it. Source: shutterstock.com/Piotr Swat A broad awareness of Decentraland’s potential in the digital space for businesses and creators has been brewing for
Month: December 2021
In this article DIDI VSCO Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday. Victoria’s Secret — Shares of Victoria’s Secret jumped more than 10% after the intimate apparel retailer announced a $250 million accelerated share repurchase program. The company also reaffirmed fourth-quarter guidance provided in November, including an up
Down more than 13% so far in 2021, AT&T (NYSE:T) stock is having a disappointing year. And it’s soon to lose its revered status as a dividend aristocrat. Source: Roman Tiraspolsky / Shutterstock.com Investors reacted poorly to the company’s plan to unload its WarnerMedia assets to Discovery (NASDAQ:DISCA) for $43 billion. The deal was announced
Sometimes one of the biggest clues you can get as an investor is to examine what company insiders are doing with their stocks. After all, if the CEO doesn’t have confidence that the company’s shares will hold value, why should you? That brings us to the unfortunate tale of ContextLogic (NASDAQ:WISH) stock Source: sdx15 /
Generally speaking, when the beneficiary of a life insurance policy receives the death benefit, this money is not counted as taxable income, and the beneficiary does not have to pay taxes on it. However, situations can exist where the beneficiary is taxed on some or all of a policy’s proceeds. If the policyholder elects not
It’s been a stressful year for pot-stock traders, to say the least. A case in point would be Canadian cannabis company Sundial Growers (NASDAQ:SNDL), as SNDL stock dropped almost as quickly as it popped in 2021. Source: Jetacom Autofocus / Shutterstock.com Part of the problem is that the market has been fickle lately. One month, Reddit traders are pushing
Shares of Beijing Chunlizhengda Medical Instruments Co. dived in their Shanghai debut on Thursday, after the company raised 11.46 billion yuan ($1.80 billion) from a secondary listing on China’s Nasdaq-like Star Board. The stock lost as much as 9.4% to CNY27.01 a share, sharply down from its offering price of CNY29.81. Beijing Chunlizhengda’s Hong Kong-listed
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2021 in New York City. Spencer Platt | Getty Images It’s time for my best guesses for next year: 2022 is a year to go big and bold, because a boom is coming. Not a boom in everything, but certainly a
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has had an extremely good year. GOOG stock is up 67.2% year-to-date. It closed at $2,928.96 on Dec. 28 after having closed last year at $1,751.88 per share. Source: Castleski / Shutterstock.com As I wrote recently, the stock still looks extremely undervalued. This is based on both analysts’ estimates for revenue next year
In this article DIDI AKAM VSCO CALM BABA TSLA Check out the companies making headlines before the bell: Cal-Maine Foods (CALM) – The nation’s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs
Many had hoped that the retail trading frenzy and the strategic shift toward eCommerce would breathe new life into Naked Brands (NASDAQ:NAKD) stock. However, in a bizarre turn of events, the intimate-apparel company is pivoting toward commercial electric vehicle (EV) technology. Though it’s a fascinating prospect for the company, it comes with plenty of risks,
You may know how much you have saved for retirement in an individual retirement account (IRA) or 401(k) plan and whether you’ll get money from Social Security or a pension. But do you know how that money will be taxed? Your filing status, the sources of your retirement income, and the total amount of income
Palantir (NYSE:PLTR) stock is a thoroughbred growth stock. It has an asset-light business model, solid government contracts, and a staggering amount of cash. Source: Ascannio / Shutterstock.com In recently reported earnings, it hit the ball out of the park once again. Both revenue and earnings figures beat analyst estimates. And guidance was also upbeat. Then
U.S. stocks lost altitude mid-morning Wednesday, with the Nasdaq Composite Index turning negative as Treasury yields climbed toward one-month highs. However, the Dow industrials were holding on to a small gain after punching into record-close territory near the session’s opening trade. The omicron variant of COVID continues to serve as a focus for investors, but
Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first half of 2022. That’s the base case the investment bank laid out in a recent
Lucid (NASDAQ:LCID) stock has drifted well off its highs and is now looking like quite a bargain. From a peak price of $55.52 on Nov. 16, LCID stock has drifted down to $38.64 as of Dec. 27. It looks like the stock could end up having a good 2022 as well. Source: Around the World Photos
In this article VIPS BA CCL UAL Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the crypto exchange fell 6.9% on Tuesday as digital currencies
Progenity (NASDAQ:PROG) is a clinical-stage biotech company. PROG stock completed its initial public offering (IPO) in 2020 at $15 per share. Source: Mongkolchon Akesin / Shutterstock.com The company would suffer a rapid and complete fall from grace, however. At the time of the IPO, Progenity aimed to be a molecular research company and had actual
A college degree is almost a necessity for most working Americans aiming for a comfortable lifestyle. In fact, a bachelor’s degree is worth close to $3 million in wages over a lifetime, according to a study by the Georgetown University Center on Education and the Workforce. The question is how to get one without being
Fisker (NYSE:FSR) made a big announcement on Dec. 20. While the news probably won’t do anything for FSR stock, I think it’s cool. Source: Eric Broder Van Dyke / Shutterstock.com According to its press release: “Fisker will launch exclusive digital art NFTs of original pen-on-paper sketches from the hand of Founder and Chief Designer, Henrik
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