Dear Quentin, I grew up thinking we were the perfect family. My parents were married for 60 years, and my siblings have always been very close. My mom passed away a few years ago. For fun, we all took one of those DNA tests and, shockingly, I found out that I was the product of
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When Skillz (NYSE:SKLZ) announced a senior notes offering on Dec. 16, the company’s timing could not have been worse. SKLZ stock traded close to a 52-week low and below the key 20- and 50-day simple moving average. Source: Dennis Diatel / Shutterstock.com With investors losing money on their position, Skillz is on the offensive. It
Left to their own devices, people don’t necessarily make the most responsible choices, especially if they cost money. That’s the takeaway from a new working paper authored by researchers at the University of California, San Diego, and the University of British Columbia in Canada. The researchers examined the effectiveness of mandates in the context of
According to Wall Street Journal, the total value of mergers and acquisitions (M&A) in 2021 was $5.7 trillion, 64% higher than the year prior. As we consider the year ahead, I thought it would be fun to speculate about some of the biggest M&A deals of 2022. According to WSJ, 59,748 deals closed in 2021
China has passed two new rules regulating technology companies’ overseas activities and use of algorithms, marking the latest step by Beijing to rein in the country’s massive internet sector. The country’s top internet watchdog, the Cyberspace Administration of China, said Tuesday that it and several other authorities passed a revised version of the Cybersecurity Review
Matterport (NASDAQ:MTTR) is one of the most fascinating new tech companies to emerge from the recent special purpose acquisition company (SPAC) boom. The firm is pioneering a new business model that involves offering geospatial services to landlords and retail business operators. As is often the case for names with emerging, new technologies, MTTR stock has
““Just in case s— over at Twitter gets even dumber, I’m here [on GETTR] now as well. Rejoice!”” That was Joe Rogan introducing himself on GETTR on Sunday. The popular podcaster became one of the latest boldfaced names to open an account on the far-right social media platform over the weekend — the same day
Emerging fintech firm SoFi Technologies (NASDAQ:SOFI) is consolidating at the $15 a share level. After breaking out in October, only to peak at over $20 in November, SOFI stock is near $15 again. The Federal Reserve’s rate heightening policy spooked fintech investors. A sell-off in mega-cap electronic payment processing firms did not help matters, either.
Tesla Inc. delivered more than 308,000 vehicles in the fourth quarter, blowing away analysts’ expectations, and saw deliveries surge about 87% in a year that saw the electric-vehicle maker top $1 trillion in market cap for the first time. In a statement Sunday, Tesla TSLA, -1.27% said it delivered more than 936,000 vehicles in 2021
Electric vehicles are taking over the world. You know that. I know that. The market knows that. We all know that. Source: Shutterstock Consumers want to drive electric vehicles these days, with 60% of today’s prospective car buyers wanting to buy an EV. Lawmakers want you to drive an EV, too, as more than 200
Capitol Hill negotiations on a massive social safety net bill moved in fits and starts during 2021, and there’s no resolution in sight as the year concludes. The on-again, off-again political wrangling in Washington, D.C. is one reason many taxpayers may want to move briskly with their income tax returns in 2022. Why? For starters,
Canoo (NASDAQ:GOEV) stock hasn’t performed as expected. Source: shutterstock.com/rafapress After mid-November’s news that it was setting up shop in Arkansas and Oklahoma and the upward revisions in its production guidance for 2022 and beyond in mid-December, you would think all of this would send GOEV stock flying higher. That’s simply not the case. Since the same-day news
Looking for an affordable housing market? You may not find it in the Sun Belt anymore. Title insurance company First American FAF, +0.15% released the latest edition of its monthly Real House Price Index, which gauges housing affordability nationwide. As opposed to other home-price indexes that only look at changes to nominal prices, First American’s
Investors in Cloudflare (NYSE:NET) stock are finding life in the middle to be baffling. In the past 12 months, NET stock was being overlooked for reasons that I would have to guess had to do with investors chasing other sectors. Source: IgorGolovniov / Shutterstock.com But that all changed in early summer. As our Louis Navellier points out
The latest “Spider-Man” movie has crossed the $1 billion mark at the box office, becoming the first film to achieve such success since 2019. Meanwhile, veteran recording artist Adele is proving her worth once again, with an album that has topped the charts for a number of weeks. But if there’s been a true star
Electric vehicle startup Lucid Group (NASDAQ:LCID) has seen some wild swings in recent months. Between mid-October and mid-November, LCID stock more than doubled in price before quickly reversing and falling more than 30% into its early December low. Source: ggTravelDiary / Shutterstock.com The sell-off included an 18% single-day drop on news the U.S. Securities and
Dear MarketWatch, I have $540,000 saved, and my wife has $250,000 in retirement funds. We also have $60,000 in the bank. We decided to retire early (I’m 58, and she is 57). The only debt we have is my truck, which is $450 a month, and insurance, which is $1,300 a month. Our budget so
With Meta Platforms (NASDAQ:FB) stock facing dangerous threats and unlikely to generate big returns for investors over the next year or two, I don’t believe that the shares are a buy for any type of medium-term or long-term investor. Meta Platforms is the company formerly known as Facebook. Source: Chinnapong / Shutterstock.com Among the biggest risks
Hurricane Ida, the ninth named storm in another Atlantic season for the books, clobbered New Orleans and much of Louisiana with deadly 150-mile-per-hour winds in the final week of August. But it was far from done. Ida then spun north, retaining plenty of punch to flood New York’s subway system, kick up seven tornadoes in
2021 was a tough year for financial technology (fintech) stocks. But in terms of losses, none of them hold a candle to StoneCo (NASDAQ:STNE). While major plays in this space are down around 20% for the year, STNE stock is down about 80%. Source: FOTOGRIN / Shutterstock.com What’s behind this Brazil-based payment processor’s tremendous drop in