Imperial Petroleum (NASDAQ:IMPP) is a relatively new company that has caught traders’ attention. IMPP stock opened trading last winter around $7 per share. It soon lost more than 90% of its value, bottoming at just 40 cents. Between mid-February and early March, however, IMPP stock rocketed up from 50 cents to as high as $7.50
Month: March 2022
Alphabet GOOGL, GOOG) — Tech giant pouring funds into creating another growth unit. Meta (FB) — Leader in social media and owner of Oculus virtual reality (VR) platform. Nvidia (NVDA) — Powering all things technology and not missing out on the next growth opportunity. Roblox (RBLX) — Online gaming platform that will leverage metaverse for more
On the heels of its milestone Academy Awards victory, Apple Inc. shares notched their longest winning streak in more than a decade Monday. Apple shares AAPL, +0.50% ended slightly in the black Monday, gaining 0.5%, for their 10th consecutive trading session of gains. The stock picked up its longest winning streak since October 2020, when
A change to federal law created two different rules for ex-spouses who want to apply for Social Security spousal benefits based on their former partner’s earnings record. Which one applies depends on the applicant’s date of birth. The change is the result of the Bipartisan Budget Act of 2015. Here is what you need to
In this article OKTA ADBE GME WGO GIS NLSN Check out the companies making headlines before the bell: General Mills (GIS) – General Mills gained 1.6% in the premarket after reporting better-than-expected quarterly earnings and raising its full-year outlook. The food maker earned an adjusted 84 cents per share, 6 cents above estimates, with revenue
Spotify (NYSE:SPOT) stock has had a bumpy year so far, falling 40% since January. Trading today at around $146, Spotify could double today and still not recapture its all-time highs, but there could be some hope here anyway. Spotify gained massive popularity and users during the pandemic. Starved of entertainment, a lot of people spent
Like other growth/tech plays, OPEN stock has bounced back in recent weeks Changes in the housing market could have an effect its performance In this seller’s market it may be wise to sell Opendoor ahead of a potential downturn Opendoor (NASDAQ:OPEN) stock looks to be recovering from the negative reaction to earnings and the stock market
DWAC stock is up an impressive 36% this year. DWAC stock recently fell below its 50-day moving average, an important threshold. It’s good for cynical reasons but caution is also prudent. Source: Ink Drop / Shutterstock Although I’ve discussed the topic ad nauseum across multiple platforms, the overwhelming reality of special purpose acquisition companies —
Walmart Inc. is ending cigarette sales in some U.S. stores after years of debate within the retail company’s leadership ranks about the sale of tobacco products, according to people familiar with the matter. Cigarettes are being removed in various markets, including some stores in California, Florida, Arkansas and New Mexico, according to the people and
In today’s show, Preston and Stig talk to Tobias Carlisle about his new book, The Acquirer’s Multiple. The book explains how investors like Buffett, Icahn, and many others capture big stock market returns by filtering for companies with a low enterprise value compared to EBIT. IN THIS EPISODE, YOU’LL LEARN: – What is a good
In this article NVDA ADBE NKE NET RIOT A silhouette of a woman wearing a protective face shield and a protective face mask is seen near to a Nike logo at a shopping mall. Ajeng Dinar Ulfiana | Reuters Investors made it through another volatile week, as the three major indexes notched gains for the
In this article GME WGO GIS ADBE The General Mills logo is displayed on a box of Raisin Nut Bran cereal at Scotty’s Market on September 20, 2017 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares for the
Imagine having a $10,000 investment that grew to over $46 million dollars. Let me let you in on a little secret: The best way to become a millionaire is to invest in a small group of startups with founders who believe their company can change the world. Source: Michael Vi / Shutterstock.com Anyone can do
Chinese ride-hailing giant DiDi Global (NYSE:DIDI) burned its investors after its dreadful IPO (initial public offering) last year. DIDI stock was trading at $14 when it went public last June and quickly got up to an all-time high of $18. However, since then, the stock has shed nearly 80% of its value. Business challenges aside,
A value-added tax (VAT) is a consumption tax that is levied on a product repeatedly at every point of sale at which value has been added. That is, the tax is added when a raw materials producer sells a product to a factory, when the factory sells the finished product to a wholesaler, when the
Opendoor Technologies (NASDAQ:OPEN) is going to have passionate advocates. The company will also have individuals who will never use the technology. But like many things in society, that leaves a wide group of individuals in the middle. And it’s that group that will decide the outlook for OPEN stock. Source: PREMIO STOCK/Shutterstock.com Opendoor’s revenue
Tesla Inc. will pause production at its Shanghai “Gigafactory” this week amid a COVID-19 lockdown in the city, according to a new report. Bloomberg News on Sunday reported Tesla’s facility will suspend production for at least one day, starting Monday. The report said it was unclear if the pause will extend for more days, and
In this article FDS NKLA GME DRI SPOT KBH Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the $2.10 consensus estimate, with revenue and comparable-store sales also below analyst forecasts. Darden said the
Despite platform popularity, Spotify Technology (SPOT) is down big this year. It’s risky but investors might be able to advantage the company’s controversies. Ultimately, social winds have changed favorably for SHOP stock. Source: Fabio Principe / Shutterstock.com Whatever your opinions about media platform Spotify Technology (NYSE:SPOT), the underlying investment has become rather toxic. It really
AMC stock has been a key beneficiary of the meme-trade phenomenon. However, the cineplex operator must face severe economic realities. It’s best left for speculators. The story behind cineplex operator AMC Entertainment (NYSE:AMC) stock is largely one of extremes. Source: Helen89 / Shutterstock.com Prior to the pandemic, the box office struggled amid streaming content services
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