The Ark Innovation ETF (NYSEARCA:ARKK) bought 2.1 million shares of Skillz (NYSE:SKLZ) on Oct. 21., according to 24/7 Wall St., the SKLZ stock buy brings the ETF’s total holdings of the esports gaming platform company to 13.3 million shares. Source: NYCStock / Shutterstock.com Although the SKILLZ position is only good for 0.70% of the ETF’s
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DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the matter, following years of subpar performance in its shares. DuPont DD, +2.34% is nearing a deal to buy Rogers Corp. ROG, +3.54%, an electronics-materials specialist with a market value of nearly $4 billion, the people said. It also plans
How should investors play Pinterest (NYSE:PINS) stock now that it has seemingly been left at the altar by PayPal (NASDAQ:PYPL)? Source: Nopparat Khokthong / Shutterstock.com Shares of Pinterest, the popular image sharing and social media company, jumped 13% on Oct. 20 after it was reported that fintech giant PayPal was in talks to acquire it.
Billionaire Charlie Munger says he’s unfazed by criticism of a University of California, Santa Barbara, residence hall partially funded by his $200 million donation and stands by his vision for the project — where 94% of the student rooms won’t have windows. “I think the building will be a huge success,” Munger told MarketWatch. “If
Greenidge Generation (NASDAQ:GREE) is a newly public Bitcoin mining company now that its reverse merger with Support.com (formerly SPRT symbol) closed on Sept. 14. I wrote before that GREE stock was undervalued when it was around $25. I originally wrote that it was worth at least $57.49. And at $20.67 on Oct. 28, this implies it
A private gauge of China’s manufacturing sector rebounded in October, hitting its strongest level since June, thanks to improving domestic demand. However, a coronavirus flare-up in several regions in late October has led to worries over how long the improvement could last. The Caixin China purchasing managers index rose to 50.6 from 50.0 in September,
Dutch Bros (NYSE:BROS) is a coffee chain that went public in mid-September 2021. It became a big hit, climbing more than 100% from its original IPO target price of $23. Source: Alexander Oganezov / Shutterstock.com That’s an impressive financial return for the investors who believed in this operator and franchisor of drive-thru shops. Still, I
A host of extreme weather this year brings added intensity to what some have called the most ambitious, and possibly most critical, convergence of global powers to discuss climate change in decades. Extreme cold knocked out power to parts of Texas early in the same year that brought an unprecedented heat dome and temperatures as high as 117 degrees
Bakkt (NYSE:BKKT) stock jumped nearly 250% on October 25, very soon after going public. Source: Shutterstock Bakkt executives rang the closing bell at the New York Stock Exchange on October 22. On that day investors could have picked up Bakkt shares for about $9 each. They could have sold them for up to $30 by
Dear Ms. MoneyPeace: I have a question about how to calculate the cost basis of my home. I was married when my then-husband and I bought the house I still live in. Years later, we divorced, and as part of the settlement, we had the house appraised to get the market value. I refinanced the
Xenon Pharmaceuticals Inc. (NASDAQ:XENE) is a biotech stock that has almost doubled in the past month. This is a definition of hot stock in the biotechnology industry, which can be very volatile and heavily driven by news-driven factors. According to MarketWatch, Xenon’s “products include XEN496, XEN1101, XEN901, and XEN007.” And the big, price-driving news lately
For more than three years, Patrick Rodriguez has worked at a Chipotle restaurant at the northern tip of Manhattan, a vital food lifeline during the pandemic for the nurses and doctors who work a block away at NewYork-Presbyterian Hospital. “Last year, we were heroes [serving healthcare workers],” Rodriguez said Wednesday. “And now, look at us.
Quick: if you had to pick one automotive business to invest in for a lifetime, what would it be? Ford Motor (NYSE:F) is as valid a response as any. For many generations, F stock has provided reliable returns. Source: Jonathan Weiss / Shutterstock.com Don’t get me wrong — there have been rough patches along the way.
Dear Quentin, I have been working remotely part-time as an independent contractor (aka Form 1099) for a friend for four years, doing bookkeeping and admin work. When I started, she told me how much she pays and I was happy with the rate since it is more than I could make where I live. I
All is well in the electric vehicle (EV) world. Or is it? Tesla (NASDAQ:TSLA) shares may be rallying to new all-time highs after earnings, but that doesn’t mean the rest of the space is doing well. Take Nio (NYSE:NIO) for example. While NIO stock is up more than 20% from this month’s low, the stock
Moving a 401(k) from an old employer to a new one can be a hassle, but it’s better than cashing out the account and potentially losing out on thousands of dollars by the time you retire — not to mention, the extra taxes and penalties you’ll pay. Americans’ retirement portfolios suffer from “leakage” every year,
The story of ContextLogic (NASDAQ:WISH) has evolved since it went public in December. At first, WISH stock was a hot e-commerce play, priced as if its pandemic-era growth rates would persist. Source: sdx15 / Shutterstock.com Months later, as its pandemic tailwinds faded, it became a short-squeeze play. Retail traders piled in, hoping to squeeze it just
Both Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns. This column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple AAPL,
Coupang (NYSE:CPNG) is the leader of the South Korean e-commerce market. The company successfully completed its initial public offering (IPO) this spring, and its shares started trading around $50. That was close to the high-water mark for CPNG stock; the shares have skidded to less than $30 now. Source: Ki young / Shutterstock.com The company
Dear Quentin, I trust my sister, but think she is sometimes driven by sentiment rather than practicality. I am one of four, and the sister who lives closest to my mom is handling finances for her. Mom is 93, in decent health, and currently in assisted living. That is the big picture. There is a