When was the last time you seriously thought about investing in a Swiss shoemaker? Probably never, but there’s a unique opportunity here as On Holding (NYSE:ONON) is no ordinary sneaker manufacturer and ONON stock is a fast mover. Source: shutterstock.com/New Africa The company’s initial public offering (IPO) just recently took place, and InvestorPlace contributor Brenden Rearick opined
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Aurora Cannabis Inc.’s sales continued to decline while losses mounted in the final three months of the Canadian company’s fiscal year, sending shares lower Monday afternoon. Aurora ACB, +7.31% ACB, +7.02% reported a fiscal fourth-quarter net loss of C$134 million ($106 million), which was an improvement from a loss of more than C$1.8 billion in
In a world where investors pay for payment innovation, PaySafe (NASDAQ:PSFE) stock is unique. Source: Sulastri Sulastri / Shutterstock.com This is a global payments processor whose stock is cheap. It’s on pace to bring in $1.5 billion of revenue for 2021, operating near breakeven, but the market cap is just $5.7 billion. That’s cheaper than
Goldman Sachs has boosted its oil price target to $90, citing the lingering impact of Hurricane Ida on supply while demand ramps up, particularly in COVID-averse Asia. Analysts led by Damien Courvalin lifted their year-end forecast on Brent crude-oil to $90 from $80. Hurricane Ida should prove to be the most bullish hurricane in U.S.
The discussion today is about the opportunities that lie in Marathon Digital (NASDAQ:MARA) stock. But since it is a crypto company, we have to discuss that topic first. Source: Shutterstock I’ll start with the conclusion first and then back into why MARA. Crypto is not a currency nor does it need to be. Gold isn’t,
Barron’s Micron, McCormick, Cintas, CarMax, and Other Stocks to Watch This Week Micron, McCormick, Cintas, and CarMax report earnings this week. Plus, durable goods orders, personal income and spending, consumer confidence, and other data releases. Sep. 26, 2021 at 3:00 p.m. ET by Barron’s
The last time I weighed in on DraftKings (NASDAQ:DKNG), I said, “…don’t count [DKNG] stock out just yet. With the sports gambling boom just getting underway, DKNG could be one of the top winners.” That was on June 2, as DKNG stock closed the day at $50.97 per share. Source: Lori Butcher / Shutterstock.com Nonetheless,
If you were thinking of starting a business with money from your individual retirement account, you might want to put that idea on hold for a moment. Ditto if you were thinking of using tax-deferred retirement accounts to invest in a startup run by a friend or a member of your family. The new tax
The world is constantly changing. In fact, it’s changing so fast that the world in three years will look a lot different than the world of today. So… what will the world look like in three years? Well, I just sat down with InvestorPlace CEO Brian Hunt to answer that very question in an hour-long
Everyone will soon be able to tip bitcoin on Twitter TWTR, +0.79%, making the social-media platform one of the first major significant companies to offer such a payment feature on its platform. The announcement comes after the site has been testing such a feature for months. Tips will be available for Apple iOS users as
GameStop (NYSE:GME) is still facing threats and GME stock continues to trade at a relatively high valuation. As a result, I recommend investors refrain from taking a bullish position in the name. Source: quietbits / Shutterstock.com The retailer’s refusal to answer questions about its strategy going forward has made me more cautious about its outlook.
Are companies like Zillow ZG, -3.40% and Redfin RDFN, +4.57% manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated. In a video that’s garnered more than 2.4
Joby (NYSE:JOBY) appears to have most of the ingredients necessary to enable JOBY stock to (pardon the pun) eventually take off. Source: T. Schneider / Shutterstock.com Specifically, the air-taxi company has proven technology, a service that should generate strong demand, a highly accomplished CEO, impressive backers and a fairly reasonable valuation. When it comes to
The 10-year Treasury yield breached 1.45% on Friday to hit its highest level in almost three months as investors continued to react to the Federal Reserve’s policy announcement on Wednesday. Of particular interest to bond investors was the central bank’s signal that the tapering of $120 billion of monthly bond purchases “may soon be warranted.”
The electric vehicle (EV) trade has finally cooled off, which is a good thing given how far it had run. It would be hard for Tesla (NASDAQ:TSLA) to justify a trillion dollar market capitalization or for these revenue-less SPAC stocks to keep soaring higher. Meanwhile, Nio (NYSE:NIO) is somewhere in between, with NIO stock performing
Global investors who own China Evergrande Group’s 3333, -12.73% U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default. Evergrande was on the hook to make $83.5 million in coupon payments on Sept. 23 on
The market has been losing momentum lately and so has BlackBerry (NYSE:BB). BB stock has become a favorite among the “Reddit traders,” the short-squeeze traders or whatever else they want to refer to it as. Source: Shutterstock It’s simple, though. With a few exceptions, stocks like GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), Aterian (NASDAQ:ATER) and
Billionaires sit on vast pools of money and assets, and only a tiny portion of their wealth goes toward federal incomes taxes — they’ve paid an average income tax rate of 8.2% over roughly the last decade. That’s according to a new report from analysts at the White House’s Council of Economic Advisers and the
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) has seen its shares take another tumble as of late. On Monday, NIO stock closed down 6.2% on the day. At this point, NIO stock is down nearly 27% in 2021. For investors, that’s a gut-wrenching turn in direction for a stock that delivered a 1,110% return last year.
Months after a story broke detailing the $5 billion that could come out of Peter Thiel’s retirement account tax-free, new tax proposals are aiming to put a stop to the practice of very wealthy investors taking advantage of favorable tax laws on IRA accounts. The changes offered by Congressional Democrats on the Ways and Means