It doesn’t get much worse than this for a new public company. Just one month ago, ride-hailing app DiDi Global (NYSE:DIDI) launched its initial public offering (IPO) in New York. Source: zhu difeng / Shutterstock.com Investors plowed into the highly-anticipated IPO in hopes of buying the Uber (NYSE:UBER) of China on the cheap. Instead, DIDI stock quickly
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A confluence of factors have led the rank and file at Big Tech companies to leave what were coveted jobs a decade ago for the potential riches of startups and young public companies, with some participants calling it the “Great Resignation.” In much the same way that Apple Inc. AAPL, -0.48%, Google parent Alphabet Inc.
News of DraftKings (NASDAQ:DKNG) getting into the non-fungible token (NFT) business may have given its shares a boost late last month. But that’s not the main thing to focus on with DKNG stock. The future of the company’s sportsbook operations is still the main driver. For now, it appears set to remain one of the
The price of bitcoin met resistance as it closed in on its 200-day moving average Sunday. Bitcoin BTCUSD, -1.83% rallied as high as $44,575 early Sunday — almost hitting its 200-day moving average of $44,600 — before slipping. The world’s largest cryptocurrency by market cap was last trading at about $43,700 on Sunday night, according
Technology isn’t stagnant. It’s always evolving. Throughout history, we’ve seen that when technology evolves particularly fast, the world undergoes a mass, disruptive makeover that historians like to call “Industrial Revolutions.” Source: Shutterstock The First Industrial Revolution happened about 255 years ago – in the late 1700s – when humans learned how to harness the power of
The delta variant is twice as contagious as the original strain of the coronavirus that causes the disease COVID-19, and its ability to infect so many more people, including a small number of the fully vaccinated, is going to make it even harder to achieve herd immunity. “Delta is here, vaccinations have stalled, and breakthrough
Stuck in a trading range since March 2021, Palantir (NYSE:PLTR) needs a positive catalyst to rally again. Yet, in recent trading sessions, the Nasdaq has started losing its bullish momentum. So, what does PLTR stock need in order to attract sustained buyers from here? Source: Ascannio / Shutterstock.com After high-flying software stocks like Amazon (NASDAQ:AMZN)
While there are hundreds of stock market indicators and oscillators, most investors and traders only need a few. One of the most popular oscillators is RSI (Relative Strength Indicator). Created by a brilliant engineer, Welles Wilder, RSI tells when an index or a stock is overbought or oversold. Like most “bounded” oscillators, it has a
NBA fans: Did you see Chris Paul this year? Source: monticello/ShutterStock.com You have a 36-year-old in his 16th NBA season who is supposed to be in the waning part of his career. This is when he’s supposed to be relaxing on the bench and providing moral and coaching support to the young bucks, for a
MARKETWATCH FRONT PAGE S&P 500 sectors’ relative strength rankings are flashing red. See full story. I’m a 39-year-old single dad with $600,000 saved — I want to retire at 50 but don’t know how. What should I do? Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com See full story. Why retirees
Sales growth is nice but at some point, it has to translate into real profits or at least positive cash flow. Moreover, with a $37 billion market value, at some point investors will want to see something for their money. That’s the quandary Cloudflare (NASDAQ:NET) currently finds itself in following the release of its Q2
Each day more employers are telling employees they need to be vaccinated against COVID-19 to work in person or risk being fired. On Thursday CNN revealed it had fired three unvaccinated employees for violating the company’s vaccine requirement for in-person workers, according to an internal memo signed by Jeff Zucker, the cable network’s president, and
Over recent publications, I’ve been generally skeptical about QuantumScape (NYSE:QS). Although the company has groundbreaking potential for its research and development of solid-state batteries (SSBs), putting your money into the mix is another matter. But eventually, even something as disappointing as QS stock may get its day in the sun. Source: Michael Vi / Shutterstock.com
Greetings! I am a 39-year-old single father of one 16-year-old son. I have $70,000 in liquid savings, $530,000 invested in individual retirement accounts and owe $210,000 on a home worth $500,000. I also owe about $20,000 on my car. My take-home income is $7,200 per month and my monthly expenses total about $4,000. I do
When it comes to innovation, one company in the market stands apart from the rest, and that’s Square (NYSE:SQ). Source: Piotr Swat / Shutterstock.com Square is the quintessence of innovation – the model company for leveraging innovative business expansions to drive huge revenue growth, year after year. The company started out in 2009 by selling
Zynga Inc. shares dropped Thursday as the videogame publisher’s outlook overshadowed results that topped Wall Street estimates, amid continued M&A momentum and a move to reduce its physical presence in San Francisco. Zynga ZNGA, -1.31% shares plummeted 16% after hours, following a 1.3% decline to close at $9.77. Zynga shares closed at their highest level
It is time again to write another article about Naked Brand Group (NASDAQ:NAKD), as potential investors have more reasons to skip the company and not buy shares of NAKD stock. Source: Shutterstock I wrote an article back in February 2021 titled “5 Key Reasons to Avoid Naked Brand Stock.” The factors that supported my opinion
Constellation is Constellation Software. An earlier version of this article misidentified it as Constellation Brands. My recent column describing the “perfect company” elicited several nominees from readers. They’re worth sharing and may even provide the basis for constructing a portfolio. As a recap, a colleague once defined the perfect company as requiring no incremental capital, yielding functionally
By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in
Booking Holdings Inc. exceeded $2 billion in quarterly sales for the first time since the beginning of the pandemic in a Wednesday earnings report, but losses exceeded expectations as the company waits for a stronger bounceback for travel amid the global pandemic. Booking BKNG, -2.51% reported second-quarter losses Wednesday of $167 million, or $4.08 a