Reliance Global Group, Inc. (NASDAQ:RELI) is an insurtech company that combined advanced technologies with a more traditional insurance agency model. RELI stock is flirting with penny stock classification as it is trading below $6 a share. I do not like the stock now as I see only empty promises by the firm that fail to
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Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting. But the host of CNBC’s Mad Money got even the Twitterverse to take notice at this latest stunt. The ARK Innovation ETF ARKK, -3.91% has been falling precipitously. The flagship fund of star stock
Shareholders in Lucid (NASDAQ:LCID) started 2021 on a bright note. And LCID stock kept up the momentum for most of the year. Source: Around the World Photos / Shutterstock.com LCID stock surged last November on news that the first Lucid Air EVs had been delivered to customers. Stellar reviews of Lucid’s first production EV also didn’t
WASHINGTON — A federal appeals court reversed the convictions of two former Deutsche Bank AG DB, +1.85% DBK, +4.38% traders found guilty of rigging a global lending benchmark, overturning one of the U.S. government’s highest-profile court victories linked to the 2008 financial crisis. The decision Thursday dealt a blow to the legacy of an investigation that Washington
Block (NASDAQ:SQ), the payments company formerly known as Square, was never an ordinary transaction processor. With a recent name change, the market is reacting to SQ stock. Source: Sergei Elagin / Shutterstock.com If you got into it early in 2017, you had a gain of 1,800% by the middle of 2021. But since chief executive
Pros Distinct Bronco aesthetic Standard AWD Clever interior storage solutions Composed on-road and capable off-road IIHS Top Safety Pick+ Cons Most rivals are more fuel-efficient Gets expensive in the upper trims Tight back seats What’s new? Some reshuffling of content between trims and packages Price: The Ford Bronco Sport has a starting MSRP of $27,265. The
From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.
It has been two years since NBA legend Kobe Bryant, his daughter Gianna, and seven others tragically died in a helicopter crash in Los Angeles. Bryant was an NBA Most Valuable Player, five-time NBA champion, and one of the most influential players who has ever picked up a basketball. He was also a savvy businessman.
Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,
U.S. stock futures climbed on Wednesday, with the outcome of a Federal Reserve meeting in the spotlight, along with a fresh batch of earnings from Boeing, Tesla and other big names. Microsoft shares were rising in premarket following the tech giant’s results. How are stock-index futures trading? S&P 500 futures ES00, +1.29% jumped 1% to
The major correction DraftKings (NASDAQ:DKNG) has been on since early September has seen DKNG stock lose almost 70% of its value. Source: Postmodern Studio / Shutterstock.com Thanks to a terrible first month of 2022 — 374 S&P 500 stocks are down year-to-date through Jan. 21 — DraftKings now trades under $20 for the first time
Here we go again. After a wild day of trading that saw a 1,000-point swing by the Dow, U.S. stock futures fell sharply Monday night. Dow Jones Industrial Average futures YM00, -0.81% were down more that 200 points as of 10 p.m. Eastern, while S&P 500 futures ES00, -1.20% and Nasdaq-100 futures NQ00, -1.74% sank
Market conditions continue to work against Palantir Technologies (NYSE:PLTR). But, as it sinks down below $15 per share, PLTR stock may now be entering the buy zone. At least, it may appear that way to investors who see the data analytics software provider as a long-term play. Source: Ascannio / Shutterstock.com For investors looking at PLTR
Has the retail investor thrown up the white flag? On Monday, they certainly did. According to Peng Cheng, a markets strategist at JPMorgan, retail investors aggressively dumped stocks at the beginning of the day. By noon, there was a retail order imbalance of $1.36 billion. Retail investors sold companies including Apple AAPL, -0.49%, Nvidia NVDA,
Among the stocks that underperformed the worst in 2021 were Chinese growth stocks. Indeed, a range of headwinds materialized that saw some of 2020’s best-performing stocks head right back down to earth. That’s perhaps putting the selloff mildly. Starting at the end of 2020, Chinese regulators saw fit to put their foot down, hard, on
Given the stock market’s volatility of late — on Monday the Dow clawed back from a 1,000-point drop — there’s a good chance many of us are seeking a stiff drink. As it turns out, the booze industry has plenty to offer on that front. In recent years, spirits producers have increasingly been touting bottles
Digital payments, financial services, and Bitcoin (CCC:BTC-USD) company Block Inc (NYSE:SQ) has started off 2022 the way it spent the final three months of 2021: watching its shares slump. After closing at an all-time high in August, SQ stock continued the volatility that has become one of its defining characteristics. Source: Sergei Elagin / Shutterstock.com A
President Joe Biden may reportedly sent thousands of U.S. troops, along with warships and aircraft, to Eastern Europe and the Balkans over fears of a Russian invasion. The option was one of several presented by Pentagon officials to Biden at a weekend Camp David meeting, the New York Times reported, citing administration officials. A meeting
Do you like to ride on the backs of cryptocurrency whales? If so, then you’ll definitely want to check out Fantom (CCC:FTM-USD). Apparently, large-scale traders may be showing interest in Fantom in early 2022. Source: Wit Olszewski / Shutterstock.com Reportedly, one crypto whale recently purchased 500,000 FTM. That order was valued at $1,110,000 – clearly, somebody’s
The Federal Reserve is reversing course to fight inflation, but interest rates remain low, which means bond prices remain high. Meanwhile, stock valuations are high relative to earnings, in part because so much new money has flowed in during the coronavirus pandemic. Here’s a chart showing the aggregate forward price-to-earnings ratio for the S&P 500