Let’s be honest: some traders haven’t been too impressed with Micron Technology (NASDAQ:MU) in 2021. They were probably expecting MU stock to continue climbing like it did during the first quarter of the year, but it simply didn’t work out that way. Source: Piotr Swat / Shutterstock.com A contributing factor to Micron’s challenges has been the
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It was the worst kind of wrong number. A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said. Richard Yuan Li, of Hercules, Calif., is accused of operating what is called a SIM-swap scam from his dorm
As nations push for sustainable automotive technologies, electric vehicle (EV) start-up Fisker (NYSE:FSR) seems like a sure bet for powerful profits. Yet, FSR stock has fallen sharply from its peak price. Source: T. Schneider / Shutterstock.com I’m not going to mince words here. Fisker isn’t a profitable business venture. Therefore, it requires a measure of faith
Gold futures ended higher on Monday, but failed to reclaim the $1,800-an-ounce threshold as the U.S. dollar kicked off the week with a firm tone. Strength in the dollar is likely the main reason gold fell to touch the support zone of $1,790 an ounce, said Carlo Alberto de Case, market analyst at Kinesis. On
Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June
TransUnion is nearing a deal to buy information-services company Neustar Inc. for $3.1 billion, according to people familiar with the matter, a move that could help the consumer-credit reporting giant diversify beyond its core business and put data to new uses. The purchase of closely held Neustar could be finalized by Monday, the people said, assuming
Every large enterprise would like the hybrid cloud salesforce.com (NYSE:CRM) has built for itself. CRM stock is off 3% since the start of September. Source: Bjorn Bakstad / Shutterstock.com Salesforce has its own network of data centers but it’s far from being a Cloud Czar. Over the last 12 months Salesforce’ capital spending has been
9/11 Memorials Mark 20th Anniversary of Attacks Americans commemorated the victims of the 2001 terrorist attacks with events in lower Manhattan, near Shanksville, Pa., and at the Pentagon in Arlington, Va. Photo: Mike Segar/AFP Sep. 11, 2021 at 6:36 p.m. ET by WSJ Video
Dear MarketWatch,My late mother passed her condo onto me through a quitclaim process 10 years before she died. I was told by my income tax preparer that she should have paid some kind of a tax. But she never filed income taxes for years as she was not required to because of her low income
GameStop (NYSE:GME) remains very popular with the Reddit crowd. GME stock is currently the fourth-most commented stock on the WallStreetBets subreddit. Source: Shutterstock / mundissima It’s also incredibly volatile. As I write this, GME stock is up 1,112% year-to-date, but up only 8% over the past six months. As a result, anyone who bought
Compared to other social media stocks, Pinterest (NYSE:PINS) stock is a bit of an oddball. I personally don’t have much use for the platform, but I can see the appeal … somewhat. After all, we could all use a daily dose of inspiration for shopping, relaxing, business and marketing purposes. Still, I’m not the only one
NEW YORK (Project Syndicate)— The upsurge of COVID-19 cases, hospitalizations, and deaths in the United States serves as a bitter reminder that the pandemic is not over. The global economy will not return to normal until the disease is under control everywhere. But the U.S. case is a true tragedy, because what’s currently happening here
If you told me that Gamestop (NYSE:GME) would be flattish after its earnings, I would not have believed you. GME stock rose just 0.2% on Thursday after reporting its second quarter on Sept. 8. After the last two reports, things got a bit too exciting, so I expected fireworks this time. Instead, investors shrugged their
People who can do their jobs remotely fled U.S. cities during the pandemic, and the low-skill workers who were left behind bore the brunt of the economic fallout — but that trend came with a silver lining. Those are the findings of a recent working paper on “The Geography of Remote Work” circulated by the
Earlier this year, investors piled into economic reopening and travel stock names. This made sense. The media was playing up the “Roaring 20s” narrative as it was hoped that rapid vaccination rates and a surging economy would lead to a summer of vacations, partying, and pent-up enthusiasm. Ashford Hospitality Trust (NYSE:AHT) stock was one such
Corn futures turned higher Friday, finding support a day after settling at the lowest since January, as USDA lifted its U.S. production forecast, but also raised demand expectations for the commodity. In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its outlook on 2021/2022 U.S. corn production by 246 million bushels
In a time when the streaming wars are running full-throttle, you might assume that entertainment content provider Eros STX Global (NYSE:ESGC) should be a darling of the markets. Yet, the price performance of ESGC stock hasn’t been stellar this year. Source: Shutterstock.com Just to provide some background, Eros STX Global specializes in delivering “star-driven premium content
Michael Lomonaco escaped with his life on Sept. 11, 2001 all because of a detour on his way to work and a pair of busted reading glasses. On that day, the New York City chef was headed to his job as culinary director of Windows on the World, the famed dining space at the World
In late August, electric vehicle startup Rivian filed confidential initial public offering paperwork. Since news of the Rivian IPO broke, Tesla (NASDAQ:TSLA) CEO Elon Musk has given TSLA stock investors some warnings that he is majorly concerned about Rivian. Source: Ivan Marc / Shutterstock.com For years, TSLA stock bears have warned that a wave of
The pitcher responsible for the first (and only) no-hitter in the history of the New York Mets is longing for a hit with the sale of his southwest Florida home. The former All-Star Johan Santana commissioned this glorious mansion in Miromar Lakes, FL, in 2009, while he was starring for the Mets. Now, the 9,121-square-foot home on about a half-acre of