Once upon a time, electric trucking company Hyliion (NYSE:HYLN) was a Wall Street darling. Investors were wowed by the company’s breakthrough renewable natural gas (RNG) technology as well as its potential to address the shortcomings of electric and hydrogen technology in long-haul trucking. From June to September 2020, HYLN stock soared from $10 to $55.
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U.K. stocks recovered on Tuesday after the worst day in two months, as concerns about the endurance of COVID-19 in the face of vaccines are still casting an overhang over the market. After the FTSE 100 UKX, +0.72% fell by 2.3% on Monday, the worst single-day performance since May 11, the benchmark index rose 1%.
Last month, I wrote about Square (NYSE:SQ) stock using a comparison with PayPal (NASDAQ:PYPL) and concluded it was way too cheap. On June 7, SQ stock closed at $216.95 and I wrote it was worth $250.33. Source: monticello / Shutterstock.com Since then, SQ stock jumped to as high as $254.78, but has fallen to current
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Microsoft (NASDAQ:MSFT) could reach $400 per share and have a $3 trillion market capitalization. This forecast for MSFT stock to rise over 41% is based on its huge free cash flow (FCF) and high FCF margins. Investors will get a better sense of this when Microsoft releases on July 27 its fiscal Q4 earnings ending
Wouldn’t it be nice to work fewer hours and get paid more? According to a study from RewardExpert, this dream can be your reality — if you know where to look. The study used data from the Bureau of Labor Statistics’ State and Metro Area Employment, Hours and Earnings report to identify the top metropolitan areas where workers enjoy shorter workweeks
It’s been almost two months since AT&T (NYSE:T) announced it was spinning off WarnerMedia and merging it with Discovery (NASDAQ:DISCA, NASDAQ:DISCK), the owners of such networks as HGTV and the Food Network. Source: Jonathan Weiss/Shutterstock Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half
For now, the U.S. government-bond market appears to be going along with the Federal Reserve’s view that inflation will remain largely under control, even after a few months of eye-popping readings. Beneath the relatively sanguine surface, though, is an undercurrent of worry. The concern is that 10-year Treasury yields TMUBMUSD10Y, 1.293%, currently hovering around 1.30%—
Imagine for a moment that you are an American investor, but as one you’re not allowed to buy into Amazon (NASDAQ:AMZN) yet Chinese investors are. Well, that’s where Chinese investors have actually been regarding Alibaba (NYSE:BABA) and BABA stock of late. Source: testing / Shutterstock.com What do I mean? This Chinese cloud company first listed on
Do you pay over half the cost of supporting a parent? If so, your parent is your dependent for federal income tax purposes. As such, you may be entitled to some meaningful tax breaks. Here’s the list. Favorable head of household filing status For unmarried individuals, a common (and expensive) error is filing as a
Investors are frequently advised to put their emotions aside when buying or selling stocks. However, I believe the problem with Palantir Technologies (NYSE:PLTR) is that too many investors are caught up in their “feels.” That’s the only explanation I can think of for the rollercoaster ride that’s been PLTR stock since its direct listing.
Weddings and marriage are top of mind for me these days. A few weeks ago, my niece was married, and in another two months, my nephew will also marry. Both weddings had been postponed from last year due to the pandemic. Another nephew just sent me a save the date for next spring. Celebrating love
Churchill Capital Corp IV (NYSE:CCIV) possibly marked the peak of the frenzy surrounding special purpose acquisition companies (SPACs) this past year. However, CCIV stock has recently remained depressed after its significant fall from an all-time high of $64.86 in February. Source: gg5795 / Shutterstock.com To me, this does not come as a surprise. At just
Traditional vice sectors like tobacco and alcohol are investing heavily in the emerging legal cannabis industry, but commercial cannabis companies can’t quite act like they’re selling cigarettes or beer. Maybe they should think more like ice-cream companies. On a trip with his children to visit the Ben & Jerry’s ice cream factory in Vermont, Bradford Sodowick, who
Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this
“ “Hi, I’m Oliver Daemen, and I will be joining Jeff Bezos, Mark Bezos and Wally Funk on the first flight of New Shepard. I am super excited to go into space and joining them on the flight.” ” That was the 18-year-old Dutch student making headlines this week for becoming a last-minute addition to
ContextLogic (NASDAQ:WISH) stock hit the market via an initial public offering (IPO) in 2020. In January, it delivered nice returns for shareholders when it reached a 52-week high of $32.85 per share. But shares have since declined to their current price of $10. That’s a loss of nearly 70%. Source: sdx15 / Shutterstock.com ContextLogic is
European stocks rose modestly on Friday, as investors kept watch on the fast spreading delta variant of the coronavirus that causes COVID-19, and absorbed a fresh batch of earnings. U.S. stock futures were steady ahead of retail sales data. The Stoxx Europe 600 index SXXP, +0.19% rose 0.2% to 452.21, with similar gains for the
Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
Hi there, MarketWatchers. Don’t miss these top stories. Why people are having trouble turning their second homes into dream homes Think you can turn your second home into your dream home? Think again. A shortage of labor, lumber and other materials is prolonging renovations and inflating prices. Read More This city has the most expensive