Daily Trade

When Wish parent ContextLogic (NASDAQ:WISH) stock had its IPO on Dec. 16, many expected shares to pop. Investors have been so starved for pandemic-proof investments that even weaker tech firms have managed 80% first-day gains. Imagine their surprise when Wish instead sagged 10% on opening day. Source: sdx15 / Shutterstock.com To me, that makes Wish’s
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Of the five so-called “Cloud Czars,” or tech companies that own their own cloud computing centers, the quietest is Microsoft (NASDAQ:MSFT) and Microsoft stock. Source: The Art of Pics / Shutterstock.com Small wonder that they’re the one big tech company Citicorp thinks can outperform next year. This is one of its analysts’ best ideas for 2021.
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After its recent IPO, you can say DoorDash (NYSE:DASH) stock is turning into a case of Main Street bulls versus Wall Street bears. That is to say, many may be interested in buying the food delivery company’s shares, given its novel coronavirus tailwinds. Source: Sundry Photography / Shutterstock.com But citing valuation concerns, some investing professionals
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By now, most investors are probably inundated with information regarding special purpose acquisition companies or SPACs for short. I’ve mentioned this before and I’ll mention it again: I’m tired of writing about them. But Hennessy Capital Acquisition Corp IV (NASDAQ:HCAC), which is scheduled to merge with electric vehicle firm Canoo, is worth examining. Yeah, HCAC
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Too often, the burgeoning technology sector gets a bad rap for its disruptive tendencies. Most commonly, we hear tales of e-commerce firms displacing brick-and-mortar businesses. Typically, we don’t hear the other side of the coin, where companies like PayPal (NASDAQ:PYPL) leverage their innovative platforms for the greater good. This is one of the key, underappreciated
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AMD’s (AMD) shares are hovering close to their all-time highs but the rally could still continue. Latest data reveals that the chipmaker’s supply chain partners registered strong sales growth in October and November. This suggests that AMD is en route to posting a strong set of Q4 results which, consequently, can catapult its shares to
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If you’re keeping track of all the antitrust suits against Big Tech, you’ve had a busy month. Source: Shutterstock On December 9, the Federal Trade Commission (FTC) and a Texas-led group of 48 states and territories filed two different antitrust suits against Facebook Inc. (NASDAQ:FB). Both suits accuse the company of anticompetitive practices in the social-networking
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For forward-looking investors, Plug Power (NASDAQ:PLUG) is often considered the hydrogen fuel-cell solutions-provider of choice. The daily trading volume of PLUG stock is consistently high, as more people are discovering the true potential of this clean-fuel up-and-comer. Source: Alexander Kirch / Shutterstock.com Some commentators would even say that Plug Power is a pioneer in the fuel-cell
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If you’re getting tired of this year’s market phenomenon — the special purpose acquisition company (SPAC) — you’re far from the only one. In fact, if it makes you feel any better, I’m tired of writing about it. But for the sake of thoroughness, we have to talk about CIIG Merger (NASDAQ:CIIC). Over the past few
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On principle and devoid of any other context, Ideanomics (NASDAQ:IDEX) offers a compelling concept. As a business conglomerate investing in the electric-vehicle (EV) and battery-charging markets (along with exposure to the raging hot blockchain sector), the organization is certainly relevant. But the main challenge for IDEX stock is that it’s a narrative play. Source: nrqemi
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