How Much of GE’s Business Is Healthcare, Aviation and Energy? General Electric Co. once sprawled across 13 industries, including insurance, plastics and even media. Here is a visualization of the changes, merges and splits that led to GE’s plan to become three public companies. Nov. 10, 2021 at 10:51 a.m. ET by Elliot Bentley
Daily Trade
So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected
Electric-vehicle maker Rivian Automotive Inc. is set to become a public company, hoping to carve a niche for itself offering EVs for the great outdoors. Rivian RIVN filed for a confidential IPO in August and priced its shares at $78 each Tuesday night — well higher than their already-elevated range of $72 to $74 a
In 2021, biopharmaceutical company Ocugen (NASDAQ:OCGN) has been a paradise for well-timed, short-term traders. On the other hand, long-term OCGN stock investors have been through a virtual roller-coaster ride. Source: shutterstock.com/PhotobyTawat As we’ll see, the stock has well-defined support and resistance levels. Swing traders could potentially profit (no guarantees, of course) from a simple rinse-and-repeat strategy.
U.S. stock indexes were facing selling pressure midday Tuesday, giving up slight early gains, with the Nasdaq Composite and S&P 500 losing their grip on their longest win streaks in more than two years. Investors were parsing a report on U.S. wholesale inflation and news that industrial conglomerate General Electric was planning on splitting into
Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17
The total cryptocurrency market topped $3 trillion Monday, for the first time, according to data from CoinGecko. Market capitalization of the crypto market has gained more than 280% since the start of this year. That rally for crypto has been at least partly fueled by a run-up in Ethereum, which climbed to a record high
I like Amazon (NASDAQ:AMZN) stock. I don’t think a week goes by when there’s not an Amazon delivery coming to my house, and I know my neighbors seem to be just as eager to shop on Amazon than I do. The delivery drivers know our street like the back of their hands at this point.
Federal Reserve Governor Randal Quarles said he will resign at the end of the December, leaving another vacant spot for the White House to fill and giving President Biden a chance to reshape the U.S. central bank. Quarles recently finished out his term as the Fed’s first-ever vice chairman of supervision of U.S. banks, a
The buy now, pay later (BNPL) market is red-hot, and related stocks are reaping the benefits or doubling down. Affirm Holdings (NASDAQ:AFRM) exploded from $50 to over $160 since May. Paidy was just acquired by PayPal (NASDAQ:PYPL) for $2.7 billion. Afterpay was acquired by Square (NYSE:SQ) in a $29 billion deal. Even Amazon (NASDAQ:AMZN), Target (NYSE:TGT)
Blackstone Inc. is investing as much as $250 million in U.K. biotechnology company Autolus Therapeutics PLC to fund the final stages of development of a new therapy to treat a serious form of leukemia, the companies said. Of the total investment, as much as $150 million will support the development and commercialization of obecabtagene autoleucel, a cell therapy that
Although all eyes have been on the searing path that benchmark equity indices have blazed in 2021, initial public offerings (IPOs) have had their own impressive bull market. In fact, Reuters reported in mid-June that U.S. IPOs hit an annual record in less than six months. So if 2020 was the year of the novel
After Zillow Z, -2.12% ZG, -3.43% shocked investors by announcing that it would leave the business of buying and selling homes altogether — just weeks after the company initially indicated it was simply pausing its home-flipping efforts — myriad questions emerged. A central one has been whether the problems Zillow encountered were unique to its
I first came in contact with Palantir (NYSE:PLTR) stock earlier this year and immediately knew it was something special. The underlying bullish thesis was clear, so I traded it successfully in the past few months. The easiest opportunities came when it fell in sympathy to other small-cap stocks. Source: Ascannio / Shutterstock.com The problem with
It’s not the crab legs from Costco that might kill Earth, but the rest of that warehouse buying binge that could use a rethink. Getting food — especially meat and dairy — from farm to plate contributes a lot to global greenhouse gas emissions. Food production globally accounts for one-quarter of those emissions and takes up half
As frequent InvestorPlace readers know, I’ve spent a lot of time covering the lidar space as part of my Behind the Wall series. As such, Microvision (NASDAQ:MVIS) — a key player in the world of lidar — has had a large role in my conversations about, and analyses of, lidar stocks. Source: temp-64GTX/Shutterstock.com So, when
Hello! This is markets reporter Christine Idzelis stepping in today for MarketWatch’s Mark DeCambre to bring you this week’s ETF Wrap. Investors poured capital into U.S. exchange-traded funds in October, based on a report this week from State Street Global Advisors and a conversation with the firm’s head of SPDR Americas Research, Matthew Bartolini. “TIPs
If special purpose acquisition companies have jumped the shark, they may have done so with Digital World Acquisition (NASDAQ:DWAC). The so-called Trump special purpose acquisition company (SPAC), Digital World is the blank-check firm that will take the former president’s media firm Trump Media & Technology Group (TMTG) public. Undergirding DWAC stock is the much-eyeballed social
The U.S. House of Representatives late Friday voted 228-206 to approve a bipartisan infrastructure bill, in a move that sends the $1 trillion package over to President Joe Biden to be signed into law. The legislation’s passage represents a win for Biden and House Speaker Nancy Pelosi, who pushed ahead even as progressive Democratic lawmakers
When I last wrote about QuantumScape (NYSE:QS) in late September, I argued that if you could afford to lose it all, QS stock at $23.50 was in the buy zone. As I write this, it’s up 33% in the past month, trading above $30 for the first time since late June. Source: Michael Vi /