DatChat (NASDAQ:DATS) is a private messaging application company with little going for it — aside from the cash it raised at its Aug. 13 initial public offering (IPO). DatChat raised $11.04 million according to its most recent prospectus. Somehow, DATS stock now has a market value of about $220 million, according to Yahoo! Finance. Source:
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The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. Walmart, the employer of more than 1.6 million workers in the nation, has long been urged to improve conditions and pay for the many hourly workers at its stores. The latest call comes from a
I don’t usually get stunned that often. But when my InvestorPlace colleague Dana Blankenhorn stated that Joby Aviation (NYSE:JOBY) is nothing but hot air until it gets regulatory approval for its business, it made me rethink my own take on JOBY stock. Source: T. Schneider / Shutterstock.com Referenced from the Book of Ecclesiastes, people through
Signet Jewelers Ltd. shares rose 3.1% in Tuesday premarket trading after it announced the $490 million acquisition of Charlotte, N.C.-based Diamonds Direct USA Inc., a jewelry retailer that’s “off-mall” and adds to Signet’s bridal business. Signet SIG, -4.04% says the acquisition will be “immediately accretive” and will help Signet reach a younger, luxury consumer. The
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
U.S. home prices haven’t been the only thing skyrocketing during the pandemic. Originations of large “jumbo” U.S. residential mortgage loans that exceed “conforming limits” set for housing giants Freddie Mac and Fannie Mae could hit $550 billion this year, a level not seen since the run-up to the 2008 financial crisis, BofA researchers wrote Monday,
As I put it in late August, Palantir Technologies (NYSE:PLTR) stock seemed to be a situation where it would continue to stay strong performance-wise, that is, until markets get volatile. Now? Said volatility has started to play out. Shares in this hot big data play have slid back in price. With this, what’s next for PLTR
Hospitals are facing staffing shortages made worse by the COVID-19 pandemic, and Wall Street analysts are increasingly concerned that the shortage of health care workers could cut into hospital margins.. “The rise in COVID-19 cases due to the delta variant continues to exacerbate the shortage of hospital workers, hampering recruitment and retention, driving up wages
The Walt Disney Company (NYSE:DIS) used to pay a consistent dividend and also buy back its own shares. However, for the past year and a half, since the end of 2019, it stopped returning capital to its shareholders. It’s now clear that DIS stock has not done very well as a result of this decision.
A lagging recovery in consumer spending has led economists at Goldman Sachs Group Inc. to cut their economic growth forecasts for the U.S. for 2021 and 2022, according to reports Sunday. In a note Sunday, a Goldman GS, +0.56% team led by Jan Hatzius forecast 2021 growth of 5.6%, down from a previous outlook of
Globalstar (NYSEAMERICAN:GSAT) has been on a roller coaster ride so far in 2021. GSAT stock, a satellite communications and internet-of-things (IoT) play, zoomed from 34 cents to just over $2.50 per share during February’s “meme stock” mania. Source: NicoElNino / Shutterstock.com Then, in the spring — as this trend cooled — shares dipped back to around
How would you like to earn a guaranteed 6.7% or more on your money without taking any risk? Although it sounds too good to be true, that’s exactly the opportunity that will be offered on Nov. 1. The investment? Series I savings bonds. I bonds are 30-year bonds issued by the U.S. Treasury, which are available to
Believe it or not, the hottest hypergrowth industry in the world right now is one that not many folks on Wall Street are chatting about, and that’s the Buy Now, Pay Later market. Source: Shutterstock Buy Now, Pay Later – or BNPL – is a relatively new type of digital fintech product that allows folks
Many Women Remain on Labor-Market Sideline Many have yet to return to the labor market, acting as a check against stronger job growth, and some who did return haven’t been able to remain in the job as the Delta variant of Covid-19 disrupted their plans. Oct. 9, 2021 at 9:20 a.m. ET by Danny Dougherty
Joby Aviation (NASDAQ:JOBY) stock is down 31% since emerging from a SPAC deal with Reinvent Technology Partners on Aug. 11. That makes sense, because Joby is a “pre-revenue” company. Investors have nothing to judge JOBY stock by except plans, sponsors and a prototype. Source: T. Schneider / Shutterstock.com The company intends to deliver an electric
Coal is filthy — it releases carbon when burned. So that’s not the answer. But we still rely on it for about 20% of our electricity, according to the U.S. Energy Information Administration (EIA). Natural gas is cleaner and produces about 40% of our juice. But even this fuel is “a massive source of carbon
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is Fiverr International (NYSE:FVRR) stock. FVRR stock has been struggling of late, but the core reason is somewhat ironic. It’s because the pandemic is fading. Source: by InvestorPlace The U.S. added just 194,000 jobs in September, while the lowest
Apple Inc. appealed a federal judge’s ruling in Epic Games Inc.’s antitrust lawsuit against the proprietor of the App Store on Friday, and is seeking to avoid allowing app developers to guide consumers to other payment options as the judge commanded. Apple AAPL, -0.27% in particular is appealing an injunction from the decision that lets
Investors in Nashville-based SmileDirectClub (NASDAQ:SDC) entered the fourth quarter with a highly volatile stock in their portfolios that has lost over half of its value so far this year. The 52-week range for SDC stock has been $4.63 – $16.08, and the shares are now hovering around $6.50. Source: Helen89 / Shutterstock.com SmileDirectClub stock has
Asset valuations “appear elevated” relative to historic norms, the Bank of England said Friday in its financial policy committee report. “Following the Covid shock, central banks cut interest rates and undertook asset purchases to support economic activity and prevent an unwarranted tightening of financial conditions for corporates and households. Since then, risky asset prices have