In this article SPCE Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Shares of Virgin Galactic fell in trading on Thursday after the company announced plans to raise up to $500 million in debt. “The company intends to
Month: January 2022
Chinese premium electric vehicle (EV) maker Nio (NYSE:NIO) hasn’t had a smooth 2021. NIO stock was once trading at the highs of $60 and is down to $30 today. Nothing has gone wrong with the company but the overall investor sentiment has led to the sell-off. There are also several concerns associated with Chinese regulations and
ContextLogic (NASDAQ:WISH) stock has fallen dramatically since my last article on Dec. 16 and also on June 18. I have been deeply skeptical of WISH stock and tried to warn readers that the stock was likely to fall. And today, I believe that its decline is still likely to continue. Source: sdx15 / Shutterstock.com On Dec.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2021. Brendan McDermid | Reuters Market focus in the coming week turns toward fourth-quarter earnings, which are expected to reveal stronger profit growth for economically sensitive stocks over tech names. The earnings period could test a
Solar energy has become a more viable option for consumers and businesses as technology has advanced and the cost has fallen. A report by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (LBNL) reports that the cost of utility-scale solar projects has fallen by 70% from 2010-2019. This decrease in production has also decreased utility prices. Renewable
Investors surely had dreams of Virgin Galactic (NYSE:SPCE) stock going “to the moon” after Sir Richard Branson’s historic space flight last summer. They’ve been sorely disappointed. SPCE stock is down 80% since Branson became the first of the billionaire space company founders to take his own craft to outer space. Source: Christopher Penler / Shutterstock.com
An earlier version of this article misstated the number of shares and the total dollar amount invested in Concord Acquisition Corp., by Ark Investment Management’s ARK Fintech Innovation ETF. The error has been corrected. Cathie Wood’s ARK Invest has purchased shares of the special-purpose acquisition company, or SPAC, that is merging with Circle, one of
In this article C JPM JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters Banks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks
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Investors in Robinhood Markets (NASDAQ:HOOD) stock have not had much to celebrate since the company went public in July 2021. In fact, shares are down nearly 60% over the past six months. Yet, most market participants pay more attention to what users of the Robinhood app buy and sell more than price swings in HOOD
DraftKings (NASDAQ:DKNG) has been in a free fall since peaking on Sep. 9. at $63.67 per share. As of Jan. 13, it was down to $24.24 per share. This means that DKNG stock is below the price of $27.47 where it closed at the end of 2021. Source: Postmodern Studio / Shutterstock.com So, in effect, the
In this article LVS C JPM DPZ SHW Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, after the Macau government said the number of casinos allowed to operate there would
Bitcoin vs. Credit Card Transactions: An Overview Most people have a credit card they can use to pay for items they’d rather wait to pay for in full. But some also have Bitcoin at their disposal. Which one should you use if you have both, and when should you use them to maximize your money?
ContextLogic (NASDAQ:WISH) stock has left most investors wishing that they’d never heard of the company in the first place. The e-commerce firm went public in December 2020 and appeared to have bright prospects. It was growing at a rapid clip and seemed to have a unique model that would earn it a solid place in
Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this question in a minute, but I’ll note first that chances are good that this question isn’t just hypothetical but applies to you personally.
In this article JPM JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $3.01 per share,
I’ve had my eye on Nio (NYSE:NIO) for a while now. I first bought NIO stock in June 2020 when it was less than $8 per share. I sold a little more than a year later when it was close to $50. Source: xiaorui / Shutterstock.com Sure, Nio was already off its all-time high at
As I noted in my last article on Roblox (NYSE:RBLX), the company has a great deal of potential. But I continue to believe that RBLX stock weaknesses and threats, for now, still meaningfully outweigh its strengths and opportunities. Source: Michael Vi / Shutterstock.com Among the company’s most important weaknesses are its generally slow growth in
In this article BA MRNA DAL VORB 2330-TW KBH Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares rose 2.2% in the premarket after the airline beat top and bottom-line estimates for the fourth quarter. Delta earned an adjusted 22 cents per share, 8 cents above estimates, and
If you’re struggling to keep up with bills and you feel like you’ll never be able to repay your debts without some outside help, there are plenty of companies who will assist you. In fact, entire industries and financial products have been built around helping people consolidate debt or settle for less than they owe.
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