Daily Trade

Clover Health (NASDAQ:CLOV) is in deep trouble. CLOV stock was due to open March 10 at about $3 per share. That is a market cap of just under $1.3 billion, which on 2021 revenue of $1.5 million looks horrendous. On expected 2022 revenue of $3.24 billion, however, maybe that is not so bad. Source: Wirestock

The sting of gasoline prices above $4 a gallon leaves some Americans rethinking their driving options, and just how aggressively they burn gas while driving. For some drivers, the double-edged sword of rising inflation after the worst days of the COVID-19 pandemic and Russia’s war in Ukraine leading to a spike in gas prices may

Downward revisions to revenue growth forecasts severely hurt Matterport’s (NASDAQ:MTTR) stock price. Shares are down around 79% from their November 2021 highs around $33. The price is in a precipitous decline that accelerated when the company reported scarier operating losses last month. Key corporate insiders bought the dip on MTTR stock in February. Could better

Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little immediate impact on the companies’ operations. In Hong Kong afternoon trading, fast-food-chain operator Yum China Holdings Inc. YUMC, -10.94% slumped 8.2%, on track for

It is hard to believe that this is the first time I have written about Affirm Holdings (NASDAQ:AFRM) and AFRM stock.  Source: Joaquin Corbalan P / Shutterstock.com The San Francisco-based buy-now-pay-later (BNPL) firm went public at $49 on Jan. 12, 2021, selling 24.6 million shares and raising $1.21 billion in the process. The company’s share

London’s nickel market will stay closed at least until next week, a person familiar with the exchange said, giving the London Metal Exchange more time to resolve a crisis caused by a huge loss-making trade originating in China. The London Metal Exchange paused trading in nickel Tuesday, the first time it had suspended a market since 1985. The

Shares of Chinese e-commerce giant Alibaba (NYSE:BABA) have been in a downtrend since October 2020. Yet, a year ago, I bet few China perma-bulls expected BABA stock would be flirting with the $100 level for the first time in more than half a decade. Source: BigTunaOnline / Shutterstock.com After losing 57% of their value in

In divorce, one spouse or ex-spouse may become legally obligated to make payments to the other party. Because these payments are often substantial, being able to deduct them, or not, can be a significant tax issue. Before the 2017 Tax Cuts and Jobs Act (TCJA), payments that met the tax-law definition of alimony could always

First off, I’ll admit it may sound foolish to be bearish on Costco Wholesale Corp. (NASDAQ:COST) stock. But my bearishness isn’t built around any issues with the company’s underlying business. Source: ARTYOORAN / Shutterstock.com Mainly, because there are not too many. The membership-based discount retailer keeps reporting strong results. It thrived during the pandemic. It’s still

Shares of up-and-coming luxury EV producer Lucid Group (NASDAQ:LCID) shed over 15% of their value in the past month. LCID stock slid roughly 14% earlier this month after the release of underwhelming fourth-quarter earnings report. Source: Around the World Photos / Shutterstock.com A lot was riding on that earnings report. The start-up has been the

Investors appeared to latch on to a hint of optimism around prospects for quelling the Russia-Ukraine war Wednesday, spark major reversals across markets, with commodities retreating alongside traditional havens as beaten-down global equities bounced sharply higher. “It has been almost two weeks since Russia invaded Ukraine and it appears that traders are becoming a little

Treasury yields were climbing on Wednesday as investors held out some hope that a resolution of hostilities, now in the second week, in the Ukraine could soon be achieved. Yields for U.S. government debt were little affected by a lackluster auction of 10-year paper. What are yields doing? The 10-year Treasury note TMUBMUSD10Y, 1.940% yields

Gold futures posted their first loss in five sessions on Wednesday, pulling back from near record highs, as most equity bourses across the globe rallied, drawing flows away from perceived havens. There’s a “general shift in sentiment across asset classes,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. Still, “it’s hard to tell

Upstart Holdings, Inc. (NASDAQ:UPST) is an artificial intelligence (AI) -powered lending platform that seeks to upend traditional bank underwriting practices. In a good way. Upstart’s use of AI and machine learning offers big advantages to lenders. Consumers like it, too. Riding a wave of massive growth in revenue, UPST stock surged through much of 2021.

In late 2011, tens of thousands of Russians took to the streets of Moscow to demand that election results rife with alleged fraud be overturned.  It was the biggest challenge to Vladimir Putin’s authority since he took power a decade earlier, and that it wasn’t immediately crushed gave hope that perhaps change was coming to

Meta Platforms (NASDAQ:FB), which will soon change its symbol to META, has cratered over 38% based on a less than 0.05% drop in its daily active users (DAUs). Something is off with that. FB stock is probably undervalued and is now clearly a bargain. This article will look into why. Source: Blue Planet Studio /

Americans can start ordering free COVID-19 test kits from the federal government again. The U.S. government will mail COVID tests to people who order them through the United States Postal Service. You can order them online here, or by calling 1-800-232-0233. Each order consists of four rapid antigen tests, and will ship free — there

Many marketers say there’s no such thing as bad publicity. Truth Social, President Donald Trump’s media company, is putting that axiom to the test. The firm is set to merge with Digital World Acquisition (NASDAQ:DWAC), enabling Truth Social’s shares to be traded by the public. Source: mundissima / Shutterstock Truth Social’s first order of business

U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.99% slid more than 300 points, while S&P 500 futures ES00, -1.38% and Nasdaq-100 futures NQ00, -1.89% each fell more than 1%. Last week, all three major indexes booked

Skillz (NYSE:SKLZ) came public amid a lot of expectations. Bulls pitched SKLZ stock as the combination of gambling and e-sports. This seemed like a can’t miss prospect given the powerful uptrend that both those sectors are enjoying. Source: Dennis Diatel / Shutterstock.com However, Skillz’ investors have seen their luck run dry. Shares have collapsed over