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
Daily Trade
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
Purchasing Palantir (NYSE:PLTR) stock continues to make sense for a specific type of investor. Let’s start with what you won’t get when buying Palantir shares. Source: Sundry Photography / Shutterstock.com Are you likely to get quick growth from PLTR shares? No, probably not. Sentiment surrounding Palantir has essentially settled since March. Following a few months
Dear Quentin, My former mother-in-law has a life-insurance policy on my 27-year-old daughter, her oldest granddaughter. Is that valid and legal? We all live in Georgia and have for years. I divorced my ex-husband 26 years ago. My current husband, of 24 years, took my oldest daughter in and accepted her 100% as his own
Two days ago, Tesla (NASDAQ:TSLA) did something unthinkable – something that only four tech stocks in the history of capitalism have ever accomplished. It became a trillion-dollar company. It joined Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) as the only U.S. companies to currently hold that distinction. Not only that, but Tesla cleared
In positive news for parents, a U.S. Food and Drug Administration advisory committee voted 17-0 in favor of vaccinating children aged 5 to 11 with the shots developed by Pfizer PFE and BioNTech BNTX, agreeing that the benefits outweigh the risks in that age group. The vote must now be endorsed by the FDA, and
The Robinhood (NASDAQ:HOOD) platform is certainly an interesting one for those looking to invest in the stock market. It certainly burst onto the scene early in the pandemic with commission free trading. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. The Robinhood platform has been around for
After Snap Inc. lost more than a quarter of its market value and took other internet stocks down with it last week, there were fears that Apple’s recent privacy changes would upend the entire internet advertising market. But as it turns out: Not so much, at least so far. While Facebook Inc. FB, -3.92% and
Roku (NASDAQ:ROKU) will release its third-quarter earnings on Nov. 3 after the stock market close. This could be a bellwether for how well its crucial Christmas season turns out. Investors will be looking carefully to see if the West coast shipment delays are having any effect on its ability to deliver inventory to stores. If
The numbers: The index of consumer confidence rose to 113.8 in October from a revised 109.8 in the prior month, the Conference Board said Tuesday. This is the first gain after three straight declines. Economists polled by The Wall Street Journal had forecast a decline to 108. Big picture: Consumer confidence has slumped since the
Grom Social Enterprises (NASDAQ:GROM) is a recently public social media company that is geared to kids under 13. It is also an original content provider of entertainment for kids. The problem is it has no chance of originating profits, at least based on its present financial situation. That means GROM stock is not likely to
The former-CEO of an Australian mobile software company has been sentenced to more than nine years in prison for his role in a massive horoscope text-messaging fraud that bilked $50 million from hundreds of thousands of U.S. cell phone users. Michael Pearse, 52, was accused of helping develop software that would auto-subscribe unwitting cell-phone customers
So far this month, two factors have enabled shares in Chinese EV company Nio (NYSE:NIO) to make their way back toward $40 per share. First, worries about investing in China have eased a bit. Issues like the Evergrande (OTCMKTS:EGRNF) crisis, as well as China’s crackdown on some of its largest companies, are weighing less on
More than 3 million Americans decided to retire earlier than they would have due to the COVID-19 pandemic, according to a new analysis. Miguel Faria E Castro, a senior economist at the St. Louis Fed, compared retirees to the baby-boomer trend to distinguish between “normal” and “excess” retirements. As of August, he found, there were
In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to
Hulu is bringing back two of its best series in November, along with a slate of holiday movies. The “anti-historical” satire “The Great” (Nov. 19) returns for its second season, with Gillian Anderson joining the cast as the mother of Catherine the Great (Elle Fanning), who seize the Russian throne from her husband, Peter (Nicholas
To put it simply, Vinco Ventures (NASDAQ:BBIG) likes to acquire businesses with a technology slant. If you like those businesses, then BBIG stock should pique your interest. Source: shutterstock.com/Postmodern Studio As we’ll see, Vinco Ventures certainly sparked the market’s interest earlier this year, to the point where the share price quadrupled in value. Whether that’s a
Barron’s Rivian’s New Electric Truck Comes With a Perk The new R1T pickup can be configured for a pullout camp kitchen with a range, faucet and sink, lights, and dishware. Its power comes from a 135 kilowatt battery pack that could run a house for some three days. In this new … Oct. 23, 2021