At the end of June, I wrote about Ocugen (NASDAQ:OCGN) and OCGN stock. I said that at $8.35, it was ridiculously overvalued. I also said if it were worth $8, I’d eat my hat. Source: Shutterstock Naturally, once OCGN stock blew through $8 on Aug. 9, I’d hear from the peanut gallery about my statement.
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The leaders of some of the nation’s largest companies will meet with President Joe Biden on Wednesday to discuss ways to improve cybersecurity, Bloomberg News reported late Monday. Apple Inc. AAPL, +1.03% Chief Executive Tim Cook, Amazon.com Inc. AMZN, +2.06% CEO Andy Passy and Microsoft Corp. MSFT, +0.10% CEO Satya Nadella plan to attend the
For folks who are unaware, I run a cryptocurrency-focused research advisory called Crypto Investor Network with legendary early Bitcoin investor Charlie Shrem. Together, we’ve created a blockbuster portfolio of crypto picks that, in less than a year, has an average return of 174% per pick. Yes. You read that right. Our crypto picks have risen,
Trying to connect the events in Afghanistan to world financial markets hasn’t been easy. The Afghan economy, whether under the rule of the Taliban or not, is too small to matter globally, and in fact is even more sidelined with the U.S. freezing over $9 billion in Afghanistan central-bank assets. There is one view that
One of the biggest meme trades — or at least trades that have “meme-ish” qualities — Castor Maritime (NASDAQ:CTRM) lit up the charts earlier this year. Starting off at $1.86 on the first close of January, CTRM stock finished the Feb. 11 session at $17.30, a nearly 10X move in the space of a month-and-a-half.
U.S. Surgeon General Dr. Vivek Murthy again criticized the role of social media in spreading COVID-19 misinformation Sunday, a day after Facebook Inc. quietly released a delayed report on its top-performing links. “The speed, scale and sophistication with which [misinformation] is spreading and impacting our health is really unprecedented,” Murthy said Sunday morning during an interview
Faster isn’t always better. But in the world of making money, faster is often better. Because, let’s face it, we all have a certain amount of time on the clock. No one is going to live forever. And so, the faster we earn big money, the more we can enjoy the liberties and luxuries that
MARKETWATCH FRONT PAGE Consumers’ sentiment is a contrarian indicator, so their current pessimism is bullish for stocks. See full story. Buy the pullback in chip stocks — and focus on these 6 companies for the long haul The iShares Semiconductor ETF is down over 6% from recent highs, much more than the S&P 500. See
Social commerce platform operator Poshmark (NASDAQ:POSH) is a popular destination for shoppers to buy and sell second-hand products, or even hold virtual shopping parties. It’s an interesting business model, and while some folks don’t have POSH stock on their radar, perhaps they ought to. Source: NYC Russ / Shutterstock.com After all, as reported earlier this year
Whenever retailers talk about “meeting customers where they are”, it’s time to worry. Too often that means closing lots of stores and doubling down on digital, which is precisely the wrong thing to do. Retailers are in the business of making more money than they spend. With e-commerce, they don’t. With e-commerce and brick-and-mortar, they can. While
It’s supposed to be “off season” in Washington D.C. right now. But, as opposed to taking advantage of their recess, legislators are moving forward with passing some hefty bills and budget plans. I’m talking, of course, about the $1 trillion infrastructure bill and $3.5 trillion 2022 budget plan. Both plans have passed the Senate, and
MARKETWATCH FRONT PAGE Friday marks the 200th session that the S&P 500 index hasn’t produced a drawdown of at least 5% from its recent peak, making the current stretch of equity levitation the longest since 2016, when the market went 404 sessions without falling by at least 5% peak to trough. See full story. Judge
Sofi Technologies (NASDAQ:SOFI) posted excellent second-quarter revenue and earnings on Aug. 12. This was its first quarterly report since SOFI stock went public via a special purpose acquisition company (SPAC) reverse merger. Source: rafapress / Shutterstock.com Sofi now has an $11 billion market valuation but has yet to make a profit for its shareholders. As
The Food and Drug Administration is expected next week to grant full approval of the COVID-19 vaccine from Pfizer Inc. PFE, -0.16% and partner BioNTech SE BNTX, +5.08%, according to people familiar with the planning, an action that could spur more vaccination requirements by employers and encourage more people who are hesitant to get vaccinated.
The world today is a lot different than it was 20 years ago. Laws have changed. Presidents have changed. Sports teams have changed. Lots has changed. But the most important of these changes has been the global takeover of technology. Twenty years ago, you worked by going to the office and writing things down on
As the 2020 coronavirus lockdowns ground America to a halt, a few early prognostications rang out. “New York is dead,” one pundit declared. “Are we going to work from home forever?” asked the New York Times. And plenty of publications, this one included, predicted that business travel would never go back to what it once
No matter what business it’s been in — smartphones, enterprise software, messaging or embedded automotive software — BlackBerry Ltd. (NYSE:BB) has worked hard to craft an identity around security. However, BB stock was in the headlines on Tuesday when it was announced that a security flaw had been found in its QNX software. Source: Shutterstock
Mortgage rates resisted the temptation to move upward after hitting the highest level in months a week ago. But research suggests that many households won’t manage to take advantage of the potential savings the low-rate environment represents. The 30-year fixed-rate mortgage averaged 2.86% for the week ending Aug. 19, down one basis point from the
Please tell me you didn’t miss it… The biggest event of the year… The single presentation that could’ve handed you the keys to scoring 30X or greater gains in the stock market over the next decade. I’m talking, of course, about our 1 to 30 Wealth Summit, which I hosted with legendary growth investor Louis
Gold futures drew some haven bids early Thursday as investors reacted to minutes from the Federal Open Market Committee on Wednesday that showed that monetary policy makers were on track to begin unwinding parts of their easy-money programs later this year. Minutes from the Fed’s July 27-28 meeting, underscored recent reports that point to a