Nvidia (NASDAQ:NVDA) is one of those companies that can make a humble reporter look like a genius. I called NVDA stock a “bullet train” in 2016, when the shares passed $100. I pointed out how not all its success was tied to gaming in 2019. Source: Steve Lagreca / Shutterstock.com When I finally took my
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BlackRock‘s Larry Fink told CNBC on Thursday that he believes the stock market has further room to run higher. However, the chairman and CEO of the world’s largest asset manager cautioned that the rally may not be as robust as it was in the second half of 2020. “I think we’re going to continue to see
Student loans are one of the fastest-growing categories of consumer debt in the United States. With more than 43 million borrowers, outstanding student loan debt is valued at over $1 trillion. The average debt per borrower is estimated to be around $33,500, according to savingforcollege.com. Loans come in many different forms. Private loans are offered
In past columns about Palantir stock, I’ve noted in general terms that Palantir Technologies (NYSE:PLTR) actually has many competitors. More specifically, I’ve noted that there are multiple government-focused systems integrators, which, like the Denver-based firm, help government agencies develop conclusions from data. And I’ve also pointed out that multiple tech companies also provide data-analysis tools.
Hydrogen stocks were some of the biggest winners in 2020. Industry leader Plug Power (NASDAQ:PLUG) saw its stock price rise just shy of 1,000% last year, while shares of FuelCell Energy (NASDAQ:FCEL), Bloom Energy (NYSE:BE), and Ballard Power (NASDAQ:BLDP) all rose more than 225%. These big rallies were driven by – as we’ve discussed at
As you likely know, pot stocks are back in style. With the “blue wave” in Georgia, the Democratic Party now adds control of Congress atop its Presidential victory in November. This bodes well for Sundial Growers (NASDAQ:SNDL). Why? The election results greatly improve the chances that marijuana is legalized on the U.S. Federal level. That
Intel logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. Joan Cros | NurPhoto | Getty Images Earnings season is here, and Wall Street analysts are calling for another decline amid the pandemic. However, some pros are more optimistic about the fourth quarter earnings season, with Ignacio Cantos, investment director
In 2019, General Motors Company (NYSE: GM) was the fifth-largest automaker in the world, behind Volkswagen AG (OTC: VWAGY), Toyota Motor Corp. (NYSE: TM), and Renault-Nissan-Mitsubishi. GM famously held the top spot in global auto sales for 77 consecutive years from 1931 to 2007. Following the 2007-2008 financial crisis, however, GM filed for bankruptcy protection. The company re-emerged following a
I’ll admit it: I’ve been wrong about Xpeng (NYSE:XPEV) so far. After last year’s initial public offering, I remained a skeptic. Yet XPEV stock has soared. Source: Johnnie Rik / Shutterstock.com Indeed, XPEV stock now has rallied over 350% from its initial public offering price of $15 per ADR (American Depositary Receipt). It’s more than
Over the past 12 months, investor optimism toward electric and autonomous vehicles has expanded from manufacturers to suppliers. Among those suppliers, Luminar Technologies (NASDAQ:LAZR) stock has perhaps the most intriguing story. Source: Olivier Le Moal / Shutterstock.com To be sure, LAZR stock isn’t cheap. At a current price of $31, Luminar has a market capitalization
When it comes to growth stocks, we often look to the tech sector. However, some investors are a little nervous about big technology and social media giants these days. Most of the FAANG stocks are under increasing scrutiny. The prospect of government actions over monopolistic behavior is looming. One way to invest in a big
Mykola Tys/ | LightRocket | Getty Images Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin. The New York-based investment firm kicked off last year with $2 billion in assets and ended with more than $20.2 billion. That 900% increase was driven by demand from
Take a look at some of the biggest movers in the premarket: Urban Outfitters (URBN) – Urban Outfitters shares are under pressure after the apparel retailer said comparable holiday season sales fell 9%, and also announced the departure of Trish Donnelly as CEO of the Urban Outfitters Group unit. Sheila Harrington, CEO of the company’s
Families spent $26,226, on average, to pay for college during the 2018-19 school year, according to a 2019 survey by Sallie Mae and market research company Ipsos. More than half of that amount (55%) came from financial aid. From this data, two things are immediately clear—first, college is expensive, and second, paying for it generally
Last year’s rumors that Alibaba (NYSE:BABA) wouldn’t be hurt too much after a controversy between Jack Ma and the Chinese government may have been too optimistic. With speculation over founder Jack Ma’s whereabouts and rumors of a Chinese nationalization, BABA stock investors have been nervously riding things out for the past month. Source: zhu difeng
Pulling back at the start of 2021, Canoo (NASDAQ:GOEV) stock is bouncing back in a big way. As of this writing, shares are up 30.4% in the pre-market. Why are investors diving back into this SPAC (special purpose acquisition company), which completed its merger with privately-held electric vehicle maker Canoo late last year? Source: Canoo
It’s been a quiet week for the markets as we head into a few major earnings reports to watch. In fact, all three major indices have traded mostly sideways. This includes the S&P 500, which actually has fallen more than 1% over the past four trading sessions. That said, it may well stay quiet. The
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
Like so many industries, the financial advisor industry faced significant challenges in 2020. From virtual relationship management to working from home, advisors were forced to rethink the way they ran their practices and handled their client meetings. Despite these challenges, industry sentiment remains positive and growth continues to be a key theme. To find out