Tesla, Inc. (TSLA) is trading lower by 3% in Thursday’s premarket after missing fourth-quarter 2020 profit estimates by $0.23 per share, earning just $0.80 per share. Revenue rose 44.9% year over year to $10.7 billion, greater than the $10.38-billion consensus estimates. Gross margin fell to 24.1% from 27.7% in the third quarter, while deliveries surged
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Shares of SunPower (NASDAQ:SPWR) are up more than 523% in the past year as of Feb. 1. Some of that SPWR stock gain has been fueled by solar energy support by the Biden Administration. Source: IgorGolovniov / Shutterstock.com Yet the company is still is in dire straits. Management announced the closing of a major plant
Online dating leader Match (NASDAQ:MTCH) reported mixed fourth-quarter numbers this week, and investors weren’t too impressed. MTCH stock gave back nearly 8% on the news. Source: Lori Butcher / Shutterstock.com But here’s the good part: This dip in Match stock is a golden buying opportunity. Match’s earnings were broadly good. But, more importantly, this remains
Welcome to Reddit-land! Source: Shutterstock Thanks to this online stock-chat forum, numerous previously unloved stocks have been rocketing higher over the past few weeks. Reddit has become a powerful, albeit narrowly focused, force in the stock market. In recent days, Reddit traders have sunk their teeth into heavily shorted names like GameStop Corp. (NYSE:GME), AMC Entertainment Holdings
A person works out at Planet Fitness as they re-open at 25 percent capacity in Boston’s Dorchester on Feb. 1, 2021. Jessica Rinaldi | Boston Globe | Getty Images As Washington squabbles over stimulus, the bond market is already counting on lots of fiscal spending and an economic bounce back. In an extreme case, inflation
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: eBay — Shares of the online marketplace rose 8.5% in after-hours trading after the company reported fourth-quarter earnings and revenues that topped analysts’ expectations. eBay posted adjusted per-share
Both collateralized mortgage obligations (CMOs) and collateralized bond obligations (CBOs) are similar in that investors receive payments from a pool of underlying assets. The difference between these securities lies in the type of assets that provide cash flow to investors. Collateralized Mortgage Obligation (CMO) What Is a Collateralized Mortgage Obligation? A CMO is a type of
Last week, an indiscriminate short-squeeze lifted Nikola’s (NASDAQ:NKLA) shares, albeit temporarily. But as the anti-bears put pressure on the hedge funds, not all stocks will sustain their lift. NKLA stock topped around $30 last week and is still up 62% over a period of one month. Its short float is 36.42%, which help explains the
Technology giant Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) reported blockbuster fourth-quarter earnings on Tuesday, smashing the Street’s revenue and earnings expectations. Wall Street cheered the results and, as of this writing, GOOG stock is up about 8% to fresh record highs above $2,000. Source: turtix / Shutterstock.com To answer your most obvious question, yes, the numbers were that
Disney (NYSE:DIS) is likely to reach new highs once its earnings come out after the market closes on Feb. 11. DIS stock is down 3% year-to-date, but this downdraft could easily turn around after the earnings release. The main reason is investors will see how powerful its over-the-top (OTT) streaming subscription services have become. For
Shares in Workhorse Group (NASDAQ:WKHS) WKHS stock are up 82% in 2021 thanks mainly to the Post Office. Source: rblfmr / Shutterstock.com I called Workhorse a bubble stock in September, but sort of retracted that two months later. That’s because its business strategy is targeting one big contract from one big customer, that it just
Stash co-founders, Brandon Krieg and Ed Robinson. Source: Stash Stock-trading app Stash plans to announce a $125 million venture investment to help fuel customer growth. But it’s not looking to attract the type of trader who might bet on GameStop. The New York-based company will announce a Series G funding round Wednesday, led by Eldridge
Take a look at some of the biggest movers in the premarket: Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m.
Dividend growth ETFs hold companies with solid balance sheets and rising earnings. Vanguard Dividend Appreciation ETF: https://www.zacks.com/funds/etf/VIG/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Dividend ETF: https://www.zacks.com/funds/etf/SDY/profile?cid=CS-YOUTUBE-FT-VID IShares Core Dividend Growth ETF: https://www.zacks.com/funds/etf/DGRO/profile?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Visa: https://www.zacks.com/stock/quote/V?cid=CS-YOUTUBE-FT-VID Walmart: https://www.zacks.com/stock/quote/WMT?cid=CS-YOUTUBE-FT-VID Johnson and Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Robinhood Markets is a discount brokerage that offers commission-free trading through its website and mobile app. The company generates significant income from payments for order flow, a common although controversial practice whereby a broker receives compensation and other benefits for directing orders to different parties for trade execution. Robinhood refers to this revenue as “rebates
The problem with investing in Jaguar Health (NASDAQ:JAGX) right now is that no one outside of the company knows exactly how much cash Jaguar has. Management has not shared a balance sheet in a while. Consequently, it is impossible to tell what JAGX stock is worth. Source: Bukhta Yurii / Shutterstock.com The company raised $15
If you’re in the market for a stake in a China-based electric vehicle (EV) maker, the most obvious choice would be Nio (NYSE:NIO). Or, you might prefer something like Li Auto (NASDAQ:LI). However, those aren’t the only Chinese EV options out there. Xpeng (NYSE:XPEV) is a worthy contender and Xpeng stock could offer investors some strong returns. Source:
The madness surrounding r/WallStreetBets and GameStop (NYSE:GME) has quieted this week. And not a moment too soon. Source: Shutterstock But even though the story is not getting as many national headlines, there is a good investing lesson to learn from last week’s craziness. On today’s new episode of MoneyLine, I’ll share my thoughts on the
An epic battle is unfolding on Wall Street, with a cast of characters clashing over the fate of GameStop, a struggling chain of video game retail stores. The conflict has sent GameStop on a stomach-churning ride with amateur investors taking on the financial establishment in the mindset of the Occupy Wall Street movement launched a
Amazon CEO Jeff Bezos Alex Wong | Getty Images Check out the companies making headlines after the bell: Amazon —Shares of the retailer were up 1% in after-hours trading on the back of quarterly results that beat analyst expectations. Amazon reported earnings per share of $14.09 on revenue of $125.56 billion. Analysts polled by Refinitiv