It seems to me that Pinterest (NYSE:PINS) has been lumped in with all the other stocks that benefited greatly from Covid-19. This includes Zoom Video Communications (NASDAQ:ZM) and Peloton Interactive (NASDAQ:PTON). Down more than 24% year-to-date through Sep. 29, it’s easy to see that PINS stock is struggling to find its way. Source: Nopparat Khokthong
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Philippine President Rodrigo Duterte Announces Retirement from Politics Philippine President Rodrigo Duterte, whose brash and authoritarian style has upended governance in the country, said that he intends to retire from politics, indicating he won’t seek the vice presidency next year. Oct. 2, 2021 at 7:52 a.m. ET by Jon Emont
As September came to a close, the benchmark S&P 500 index was just a few ticks shy of returning 15% since the start of the year. That’s a very solid performance considering the prior year’s remarkable upside response to the novel coronavirus pandemic. At the same time, investors should be concerned about the specter of
Rivian Automotive Inc., which is working on electric delivery vans for Amazon.com Inc. in addition to electric trucks for consumers, filed for an initial public offering Friday. Rivian launched the R1T, an electric pickup truck meant for consumers, in September. The company said in its filing with the Securities and Exchange Commission that it intends
After breaking out of major resistance in August, Palantir (NYSE:PLTR) stock is on the way to topping its 52-week high. The Reddit favorite is attracting buyers after a recent deal with Wejo, a global leader in connected vehicle data. Source: Ascannio / Shutterstock.com Palantir’s alliance with Wejo is important, even though the deal will have
A Long Island man has pleaded guilty to running a years-long ‘birth tourism’ scheme through which he brought 117 pregnant women from Turkey to the U.S. to give birth and gain citizenship for their children. Ibrahim Aksakal, 49, of East Patchogue, N.Y., admitted running websites and Facebook pages in Turkey with names like “Let my
Coinbase Global (NASDAQ:COIN) went public in 2021 with a direct listing and a reference price of $250. On its trading debut on April 14, COIN stock opened at $381 reached a high of $429.54, then hit a low of $310 and closed at $328.28. Source: Primakov / Shutterstock.com The first day of trading is often a
Without a doubt, electric car companies see battery-powered vehicles as the future of world-wide driving. Many manufacturers are targeting electrified lineups within the next decade or sooner. Other companies pledge to be completely carbon neutral within the next 30 years. With that in mind, we pulled together a list of all the electric car companies.
There are certainly frowns on the faces of investors in SmileDirectClub (NASDAQ:SDC) today. But with a new month upon us, could SDC stock dramatically improve? Source: Helen89 / Shutterstock.com Let’s review some of what’s happening both off and on the price chart of SDC stock, then offer a risk-adjusted determination aligned with those findings. It’s
A bullish streak for the S&P 500 came to a bitter end on Thursday, leaving the stock index halfway to a correction. The broad-market benchmark notched a 5% decline from a recent peak for the first time in 227 trading days, ending a period of nearly uninterrupted gains. The previous longest streak without a 5%
Corporate ESG factors — that means environmental, social and governance considerations — are quickly becoming a metric to measure investment decisions. So, when asset managers with $10 trillion under their watch raise a red flag about a company’s exposure to physical climate risks, investors need to take notice. ESG stocks are not going away anytime
Volkswagen’s VWAGY, +0.28% first EV SUV for the U.S. is the 2022 Volkswagen ID.4, a sharp compact crossover with impressive range. Let’s see how it compares to the all-electric 2022 Volvo XC40 Recharge. 2022 Volkswagen ID.4 2022 Volkswagen ID.4 starting price: $41,190 Above average: 250-mile range; optional all-wheel drive; 2,700-pound towing capacity; great standard safety features. Below
In my last article on Nvidia (NASDAQ:NVDA), I made the argument that the overall market’s direction would determine NVDA stock’s next move. Today, I hold the same view when it comes to a downturn. If correction fears prove true, shares in this fast-growing chip maker will likely move in tandem. Source: Allmy / Shutterstock.com Of
Affirm Holdings Inc. is joining the ranks of fintech companies vying for “super-app” status as the company plans a series of feature introductions that will broaden its platform beyond buy-now pay-later capabilities. Fintech companies in the U.S. are increasingly trying to follow in the footsteps of Chinese players like Alipay, combining payments with a host
MoneyWire has always been about hypergrowth investing — focusing on the megatrends, leading companies, and cryptocurrency projects that are changing the world, disrupting gigantic industries, and taking us to a future that used to be only the stuff of science fiction. It is now real, and it is the best way to build generational wealth
By the end of 2022, Hyundai HYMTF, -1.74% expects to offer seven vehicles in a lineup it calls “everyday sports cars.” The Korean automaker is building its N brand — a subbrand that offers high-performance editions of its ordinary cars. Arguably the most important of the bunch is the 2022 Hyundai Elantra N—a track-tuned version of
As you may be aware, some business combinations with special purpose acquisition companies (SPACs) have not gone well. But one exception — at least so far — is eFFECTOR Therapeutics (NASDAQ:EFTR) and EFTR stock. Source: Shutterstock This clinical-stage biotechnology firm focuses on selective translation regulation inhibitors (STRIs) in cancer. EFTR stock is currently up some
Some 90 million Americans have low health literacy. They struggle with whether they can have a couple of beers while on medication, for example, and sometimes reach the wrong conclusion. You may not be one of them, but what if your father is? Or your grandmother? Or the lady who watches over your two-year old?
Robinhood (NASDAQ:HOOD) stock looks great again, and the company’s management responded by pushing ahead with a cryptocurrency wallet. This puts it in competition with a host of companies including Coinbase (NASDAQ:COIN). The company is also thinking of adding crypto assets to its balance sheet, which could boost HOOD stock. Source: OpturaDesign / Shutterstock.com Unlike Robinhood’s original
Merck is in advanced talks to acquire Acceleron Pharma Inc., according to people familiar with the matter, in a move that would bolster the pharmaceutical giant’s rare-disease business. The deal for Acceleron, which has a market value of around $11 billion, could be announced this week, assuming talks don’t fall apart, the people said.