ContextLogic (NASDAQ:WISH) stock may still rank as one of the most talked-about stocks on Reddit’s r/WallStreetBets subreddit. But as the “meme stock” trend has continued to cool, don’t count on this giving WISH stock the momentum it needs to bounce back toward prior price levels. Source: sdx15 / Shutterstock.com That goes for any potential it
Daily Trade
Apple Inc. shares fell slightly Tuesday after a report indicated the smartphone giant is poised to cut iPhone production orders due to component shortages, but one analyst views supply-chain pressures as a buying opportunity. Morgan Stanley’s Katy Huberty sees several reasons why investors should “buy the dip” amid global supply woes, even after Bloomberg reported
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
Don’t pass the salt. The Food and Drug Administration is concerned about America’s salt consumption, and the agency issued new guidance Wednesday for restaurants and food manufacturers to voluntarily reduce the amount of sodium in their food to 3,000 mg per day — still higher than the recommended daily allowance — over a 2.5-year period.
Did you see solar stocks on Monday? This particular green sector went parabolic! While the S&P 500 dropped 0.7%, the entire Invesco Solar Portfolio ETF (NYSEARCA:TAN) posted a very impressive 3.6% gain (plus a 0.7% after-hours pop), paced by a 10% gain in Daqo Energy (NYSE:DQ) and a 9% gain in SunPower (NASDAQ:SPWR). The catalyst?
Shares of Plug Power charged higher to a sixth straight gain on Tuesday, ahead of the hydrogen and fuel cell systems company’s much-anticipated annual symposium later this week. Analyst Christopher Souther at B. Riley said he believes the symposium, to be held virtually on Oct. 14, will be key for gauging the company’s long-term potential.
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:
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