Since the onset of the novel coronavirus, a number of companies have thrived due to profound sociological changes. Visually oriented hobby and interest sharing social media platform Pinterest (NYSE:PINS) probably isn’t the first name that comes to mind. Yet, an argument could be made that PINS stock belongs in the winner’s circle amid the “new
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Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: 93 cents a share, a 55% decline from a year earlier, according to Refinitiv. Revenue: $17.2 billion,
A view of NASDAQ in Times Square during the coronavirus pandemic on May 7, 2020 in New York City. Noam Galai | Getty Images Entertainment | Getty Images In the ETF space, success begets success. Just look at what Invesco is doing today. They’re launching a new product, the NASDAQ Next Gen 100 ETF (QQQJ).
The Disney+ (Plus) logo is seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media giant advanced more than 4% after the company announced a major reorganization that will make streaming a “primary focus.” To accelerate its direct-to-consumer
Some analysts are starting to make a case for Spirit Airlines (NYSE:SAVE). Though many if not most investors will need convincing, SAVE stock initially appears attractive for speculation. Source: Markus Mainka / Shutterstock.com I’m not a big fan of the airline industry under present circumstances. As you know, when the novel coronavirus pandemic first hit
When it comes to the burgeoning luxury EV market, Tesla (NASDAQ:TSLA) gets all the love on Wall Street — and reasonably so. Elon Musk and company pioneered the space, dominate the space and continue to make the market’s best and most desirable vehicles. But in this market traditionally dominated by Tesla, it’s time to start
Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 15% during premarket trading on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million
Attendees visit the Disney+ streaming service booth at the D23 Expo on August 23, 2019 at the Anaheim Convention Center in Anaheim, California. ROBYN BECK | AFP | Getty Images Check out the companies making headlines after the bell: Disney — Shares of the media giant rallied more than 4% in after hours trading on
Hey everybody, Dave Bartosiak here with Trending Stocks. Big data is a big deal. Nowadays, everything we do is tracked, stored, analyzed and used to make decisions. The most infamous examples of this are tech giants Facebook and Google. Well, a new big data, big brother, big paranoia for the tin hat wearing crowd has
Federal direct loans have become one of the most popular types of student loans in the U.S. for several reasons. They offer flexible repayment options, a convenient application method, and generous terms for both eligibility and allowable expenses. Understand the Limitations of Federal Direct Loans Despite these benefits, these loans have some limitations borrowers should
Its been a solid year for Spartan Energy Acquisition Corporation (NYSE:SPAQ) so far, with SPAQ stock gaining 40% this year. Source: Shutterstock More importantly, Spartan will merge with Fisker Inc., a new entrant in the electric-vehicle sector, later this year. Fisker looks ready to take the EV market by storm with the robustness of its
Landcadia Holdings’ (NASDAQ:LCA) merger with Golden Nugget Online Gaming provides an attractive entry into the booming online market, at a price significantly lower than its peers’ valuations. As a result, LCA stock is up roughly 49% this year. Source: 9dream studio / Shutterstock.com Golden Nugget is among the two pure plays in the online gaming industry,
CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome. “I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 5, 2020 in New York City. Angela Weiss | AFP | Getty Images Stock market bulls, rejoice. Third quarter earnings season begins Tuesday with JPMorgan Chase. The good news: in the second quarter, companies delivered surprisingly large earnings beats as analysts underestimated
Check out the companies making headlines midday Monday: Dillard’s — Shares of the retailer surged more than 32% after one of Warren Buffett’s top lieutenants revealed a stake in the company. Ted Weschler’s stake is over 1 million shares, or about 5.89% of the outstanding stock, according to a securities filing. Twitter — Twitter shares
After the recent pullback, is it time to dive into Workhorse (NASDAQ:WKHS) or is it an investment you should avoid? With two potentially game-changing catalysts around its belt, investors had plenty of reason to be excited about this stock. But, with these catalysts already priced into shares, this electric vehicle (EV) play may be “too
The old guard brick-and-mortar retail industry is under duress. In the first half of 2020, 18 retailers filed for Chapter 11 bankruptcy protection while the number of store closures hit another record. All the while, Walmart (NYSE:WMT) is thriving. WMT stock is up 18.55% year-to-date, topping the S&P Retail Select Industry Index by 300 basis
An animation shows Dream Chaser and its Shooting Star cargo module in orbit around the Earth. Sierra Nevada Corporation Sierra Nevada Corporation is best known as a private aerospace and national security contractor – but the company is investing heavily in its space systems division, especially as it sees NASA and other companies building infrastructure
Republican President Donald Trump and his Democratic challenger Joe Biden will square off for a series of three nationally televised debates beginning Tuesday, Sept. 29. Current Republican Vice President Mike Pence and Democratic Vice Presidential Candidate Kamala Harris will have their one and only debate on Wednesday, Oct. 7. General Rules The Commission on Presidential
DiamondPeak (NASDAQ:DPHC) is a SPAC that’s due to merge with electric-vehicle maker Lordstown Motors by the end of the year, but that doesn’t mean DiamondPeak stock is destined for greatness. Source: Shutterstock After the merger, Lordstown will take over the shares which will then trade under the symbol “RIDE.” While Lordstown is building an intriguing