When it comes to opinions and analyses about Matterport (NASDAQ:MTTR) stock these days, you can’t ignore the metaverse. Source: Ken Wolter / Shutterstock.com As a leader in 3D spatial visualization technologies, the company’s platform enables a more immersive experience than was ever possible through the internet. Logically, such an innovation lends itself to metaverse-based applications,
Daily Trade
Four drug makers brought in more than $14 billion in sales of COVID-19 treatments in 2021, but the lucrative, new market will be tempered if the virus is kept under control this year. The tally includes full-year sales of Eli Lilly & Co.’s LLY, -0.65% monoclonal antibodies ($2.2 billion), Gilead Sciences Inc.’s GILD, -1.01% COVID-19
Like so many special purpose acquisition companies (SPACs), SoFi Technologies (NASDAQ:SOFI) stock has been a volatile one. Shares initially popped to $25 as excitement grew for the well-known FinTech firm. Source: rafapress / Shutterstock.com This also came during a time when entrepreneur Chamath Palihapitiya was on a massive winning streak with his SPAC deals. So in
Well, that didn’t take long. Biotechnology as an investment sector is so hated, it stumbled into bear market mode for the year in less than a month. The jarring 20% decline happened after the group fell 22% last year, against an S&P 500 SPX, +0.52% gain of 27%. “Boy, what a start of a year.
Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for
It’s a seller’s market. And that might be bad news for real-estate agents who represent home buyers. A new report from real-estate brokerage company Redfin RDFN, -4.29% shows that the fees that buyers’ agents are changing have dropped considerably. The average commission rate for these agents was 2.63% of the sales price of a home
Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric
Dear MarketWatch, I’m looking for a small-town atmosphere, with open land around it and maybe a body of water nearby. I always said my ideal would be water in the front and trees in the back. I can’t be too far from the family just west of the Chicago suburbs, but I am done with
The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is
PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.28% each just logged their biggest weekly declines on record after the onetime tech darlings delivered disappointing forecasts. Those weekly declines followed record single-day percentage
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
In true New York fashion, it took just three weeks for the state to set a U.S. record for most money wagered on sports betting in a single month. According to Friday’s financial report from the New York State Gaming Commission (NYSGC), New York bettors placed $1.6 billion worth of bets between Jan. 8-30, the
Hot stocks from different sectors typically get a lot of attention both in bull and bear markets. When markets are jittery, as they are now, investors look for shares with solid fundamentals and fair valuation levels. This year is primed to see greater volatility levels. Investors are preparing for tighter monetary and fiscal policies amidst
Wall Street was poised for a rebound on Friday ahead of key employment data, with tech futures in particularly climbing after well-received results from Amazon.com Inc., Snap Inc. and Pinterest Inc. That higher start comes a day after weak earnings and a warning from Meta Platforms sent those shares tumbling and dragged the broader market
Investors in QuantumScape (NYSE:QS) haven’t had much to cheer since the electric vehicle battery maker went public via a merger with special-purpose acquisition company Kensington Capital Acquisition in November 2020. On its first day of trading, QS stock soared nearly 50%. Less than a month later, shares hit a high of $132.73, 465% above where
““The answer is not to defund the police, it’s to give you the tools, the training, the funding to be partners, to be protectors. The community needs you.”” That was President Joe Biden on Thursday during a meeting with New York City Mayor Eric Adams. Biden addressed his administration’s attempts to curb gun violence in
AMC Entertainment (NYSE:AMC) reported results for its fourth quarter on Feb. 1. They were some of the theater chain’s best results in recent memory. AMC stock gained more than 10% on the news. Source: Helen89 / Shutterstock.com “AMC’s 2021 results improved significantly as the year progressed, and we finished the year with the strongest quarter
U.S. stock futures on Thursday pointed to the end of a four-day winning streak, pressured by the weak outlook from social-media giant Meta Platforms. Futures on the Dow Jones Industrial Average YM00, -0.30% fell 133 points, or 0.4%, to 35359 Futures on the S&P 500 ES00, -1.08% dropped 1.1%, or 52 points, to 4525 Futures
Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com
Add electric-vehicle chargers, heat pumps, smart thermostats and more to the list of energy-efficiency home improvements that can earn homeowners a tax credit. The U.S. Environmental Protection Agency said Tuesday its Energy Star program, which already targeted water heaters, lower-impact appliances and other upgrades, now includes additional “green-minded” home improvements. Such upgrades are intended to