The folks at Fundstrat Global Advisors have some good news and bad news for Wall Street, as investors and traders face the penultimate week of action in 2021: Monday’s stock slump is a precursor to more pain, but things could get better for the bulls closer to Christmas. Read: Dow plunges and Nasdaq nears correction
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California-based online entertainment platform Roblox (NYSE:RBLX) empowers people to play video games and socialize in a vast, 3D, virtual world. Since the company was an early-stage entrant in the red-hot metaverse space, RBLX stock has generated major buzz on Wall Street. Source: Miguel Lagoa / Shutterstock.com Indeed, as the term “metaverse” gained traction in the financial
U.S. stock-index futures were trading sharply lower Monday morning, following a losing week on Wall Street amid worries about politics, Fed policy and the fast-spreading omicron variant of COVID-19. How are stock-index futures trading? S&P 500 futures ES00, -1.32% fell 62 points, or 1.3%, to 4,547.50. Dow Jones Industrial Average futures YM00, -1.21% dropped 438
The first time I wrote about Digital World Acquisition Corp (NASDAQ:DWAC) and DWAC stock, I gave Donald Trump the benefit of the doubt. Source: Dmitry Demidovich/ShutterStock.com “There is no question he brings a different mindset to social media, which ought to create some real buzz with a particular segment of the American population,” I wrote
Netflix Inc. will slow the content spigot a bit in January, giving viewers a chance to catch up on recent releases — but that doesn’t mean there’s nothing notable on the way. After nearly two years off, the popular crime drama “Ozark” (Jan. 21) returns for seven episodes in the first half of its fourth
Fat search profits have made Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock 2021’s hottest “Cloud Czar.” Source: achinthamb / Shutterstock.com The company has earned $103.84 per share over the last four quarters. That let the stock rise 65% while the price to earnings ratio remained at an almost-reasonable nearly 29. Google’s early dominance was based on search advertising.
Forget the salad bar and ping-pong table at the office — workers want substantial benefits, and in some cases, they may already have them. Retirement Tip of the Week: As we head into the new year, review what benefits your company already offers and take advantage of these offerings as much as you can. Don’t
BlackBerry Limited (NYSE:BB) as 2021 is coming to its end, should terminate once and for all its meme stock status that sent it to perform relatively well amid poor fundamentals. Instead, the best option to survive and become a leader in the technology sector would be to find its economic moat and explore it as
It’s hard to believe that 2021 is nearly over. Time seems to go faster and faster, doesn’t it? And now that 2022 is upon us, retirees and Americans who are still working and saving for retirement should be aware of some data points that may come in handy in the new year: Savings and contributions
Falling knife or bottom fisher’s buy? That’s the debate among investors and market pundits when it comes to AT&T (NYSE:T). Sinking around 21% this year following a negative reaction by dividend investors to its restructuring plans, on one hand T stock looks like a deep value play. Source: Roman Tiraspolsky / Shutterstock.com At least, that is
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on Wall Street in 2020. In a Friday evening blog post, Wood said that despite a brutal stretch that has compelled the operators of the ARK
It’s the disclosure that everyone interested in the investment markets were waiting for. As InvestorPlace financial news writer Samuel O’Brient noted, the Federal Reserve recently met to discuss current economic challenges, particularly the soaring inflation rate. While the subsequent answer soothed benchmark indices, it leaves a question mark for SoFi Technologies (NASDAQ:SOFI), particularly as SOFI
Officials worked to shore up testing and healthcare capacity, as new COVID-19 infections hit a daily record in New York state and the Omicron variant added new risks to the pandemic response across the U.S. New York Gov. Kathy Hochul said Friday that the state recorded 21,027 new Covid-19 cases, surpassing the previous record of
Facebook, now known as Meta Platforms (NASDAQ:FB), is still the same company we’ve all known for years in some respects. For example, Mark Zuckerberg is still the CEO and the company still trades on Wall Street as FB stock (although the ticker may change in early 2022). Source: Blue Planet Studio / Shutterstock.com Also, the Facebook social
Rivian Automotive Inc. stock tanked late Thursday as the electric-vehicle maker posted its first financial snapshot as a public company, reporting mounting losses and facing headwinds from supply-chain snags and a tight labor market. Rivian RIVN, -5.33% said it lost $1.2 billion, or $12.21 a share, in the third quarter, compared with a loss of
We’re past the point of denial about meme stocks. What looked unsustainable nine months ago is proving to have staying power. Retail investors continue to identify their favorite stocks and drive up the price. The bullish case for meme stocks says that retail investors, with more research available to them than ever before, are willing
Dear Quentin, I think I am being more than fair relative to sharing expenses while living in my girlfriend’s house, but I could use a little perspective. My 59-year-old retired girlfriend is well-off. Her lakefront home with an extra buildable lot, her Florida condo, and her residential and commercial rental properties are all paid off,
As the year winds to a close, stockholders are looking towards top investing trends for 2022. Savvy investors know that staying on top of emerging trends is important. Every other day, we see renewed calls for a steep market correction. Nowadays, many people invest like crazy when they hear about something new coming out from
Oil futures rose Thursday, with investors shaking off worries about the omicron variant of the coronavirus after upbeat data on U.S. inventories and implied demand. West Texas Intermediate crude for January delivery CL00, +0.27% CLF22, +0.27% rose 57 cents, or 0.8%, to $71.44 a barrel on the New York Mercantile Exchange. February Brent crude BRN00,
DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the