Time for another charging pun? It looks like it, with Blink Charging (NASDAQ:BLNK) shares powering up in the stock market today. Importantly, the move in BLNK stock follows some impressive company news, and a recent trend in charging plays. So what do you need to know right now? Source: David Tonelson/Shutterstock.com To start, investors should
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After a bad start, ridesharing platform Uber (NYSE:UBER) is now selling for well above its $45 initial public offering (IPO) price. However, Lyft (NASDAQ:LYFT) — a very similar company — is yet to see its $72 IPO price. But that may be about to change for Lyft stock. Source: Tero Vesalainen / Shutterstock.com How? After
Food delivery company DoorDash’s (NYSE:DASH) Wednesday IPO saw immediate gains. Shares popped up 7% in auction as investors rushed to snap up DoorDash stock. More short-term gains look likely; speculators might want to buy the stock first and ask questions later, while the market digests the company’s unusual IPO. Source: Sundry Photography / Shutterstock.com The
In remarks at the United Nations General Assembly on September 22, Chinese President Xi Jinping declared that China would achieve CO2 emissions neutrality by 2060 and that the country’s carbon emissions would peak “before 2030.” Source: Shutterstock To be sure, China has been enthusiastically pursuing its green-energy ambitions for many years already. But when President
In case you haven’t had your fill of special purpose acquisition companies or SPAC’s, here’s one more to add to your watch list. CIIG Merger (NASDAQ:CIIC) is a shell company that’s making a move into the electric vehicle space. Consequently, CIIC stock is a red-hot item nowadays. Specifically, CIIG announced that it has reached an agreement
Seasoned investors understand that traders can get ahead of themselves sometimes, even with a great company like Starbucks (NASDAQ:SBUX). So, it’s entirely possible to like Starbucks stock for the long term while also advising prudence when its price action gets overheated. Source: Natee Meepian / Shutterstock.com Now, don’t get me wrong — if you’re looking for
Data specialist Palantir (NYSE:PLTR) is having a lucky day. This morning, investors learned that the company won a deal with the U.S. Food and Drug Administration. As a result, PLTR stock is up more than 12%. So what do investors need to know here? Source: rblfmr / Shutterstock.com According to Bloomberg, Palantir just landed a three-year
Everything was going just right for Nio (NYSE:NIO). Then, seemingly overnight the tables turned and NIO stock started falling. Now, shares are plunging once more without any major company news. So what do you need to know about NIO stock? And why is the beloved Chinese electric vehicle maker struggling? Source: Andy Feng / Shutterstock.com
Shopify (NASDAQ:SHOP) has generated a massive return for bulls this year. SHOP stock is up 165% in 2020 and 253% from the March lows. Did you miss the move? If not, congratulations. If so, don’t beat yourself up. Source: Beyond The Scene / Shutterstock.com For a quick reminder, we saw the fastest bear market in history,
Lawmakers are looking to make things a little greener in the United States, but cannabis stocks are not all taking the bait. Today, the House of Representatives voted to pass the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. As a result, Canopy Growth (NASDAQ:CGC), Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) are all on the move.
As Americans, we tend to love the underdog, the come-from-behind story. Perhaps that’s the subconscious reason I tried to give Nokia (NYSE:NOK) the benefit of the doubt. While the broader situation didn’t look too hot for NOK stock, especially with rivals like Ericsson (NASDAQ:ERIC) faring so much better, the Finnish telecom-equipment provider has demonstrated occasional
We’ve started the last month of this crazy year on a high note. Stocks are breaking out to new highs to end this first week of December … and investors are making a whole lot of money as a result. Source: Shutterstock In today’s new episode of MoneyLine, I dive into the market’s strength and
Shares of Cinedigm (NASDAQ:CIDM) stock are quickly rising on Friday morning after an important company announcement on Thursday. Source: Pavel Kapysh / Shutterstock.com The firm released a statement that its linear streaming channels are now available on Rad, a livestreaming platform with a diverse lineup of content for its users. It is quickly growing, and
Sit back, grab some popcorn and pay attention to the news coming out of the entertainment world. Investors who did that today likely noticed a major downward move in AMC Entertainment (NYSE:AMC) and its movie theater peers. Unfortunately for AMC stock, Thursday did not bring a happy ending. Instead, shares closed lower by nearly 16%
Splunk (NASDAQ:SPLK) news for Thursday from its third-quarter fiscal 2021 earnings report have SPLK stock taking a beating. This comes after reporting adjusted losses per share of 7 cents, which failed to reach Wall Street’s adjusted earnings per share estimate of 9 cents. Its revenue of $558.57 million also missed analysts’ estimates of $613 million.
Teladoc Health (NYSE:TDOC) stock has rallied 132% so far this year. But frankly, I don’t think that’s enough. Source: Piotr Swat / Shutterstock.com After all, I’ve been a bull on TDOC stock for years now. Nothing this year has changed that. If anything, the past eleven months have only strengthened my optimism. Overall, Teladoc has
After an impressive month of growth in November, shares of Canopy Growth (NASDAQ:CGC) stock are ticking higher on Wednesday. Source: Shutterstock The move comes after BioSteel, a sports nutrition and hydration company, entered an agreement with the Philadelphia 76ers of the NBA to become the official sports drink of the franchise. The multi-year deal includes
Online e-commerce sales broke new records for Black Friday and Cyber Monday as more consumers opened their wallets. This comes despite the fact that COVID-19 cases are rising. Source: Shutterstock Adobe Analytics found that shoppers spent a stunning $9 billion online this year for Black Friday, almost 22% more than last year’s figure. This represents
View Smart Windows is planning to go public via a merger with special purpose acquisition company (SPAC) CF Finance Acquisition (NASDAQ:CFII). Source: Shutterstock.com News of the SPAC merger between View Smart Windows and CF Finance Acquisition have CFII stock on the move Tuesday. This has resulted in more than 6 million shares of CFII changing
Among the curious developments amid the novel coronavirus pandemic has been soaring interest in electric vehicles (EVs). Always a forward-looking sector, EVs took on greater urgency during this crisis when Covid-19 disrupted the global auto supply chain. That’s because, structurally, EVs have fewer moving parts, insulating their manufacturing from outside events. However, current technologies underlining