Marathon Digital (NASDAQ:MARA) now finds itself in the middle of a Bitcoin (CCC:BTC-USD) mining bonanza. This is because the Chinese government shut down most of the country’s Bitcoin mining operations over the past two months. As a result, Marathon Digital has seen several benefits. In fact, the situation is going to raise the value of
Stocks to buy
Nvidia (NASDAQ:NVDA) has been on a roll the past year, with NVDA stock gaining 82% through Aug. 10. That’s despite the UK approval of its $40 billion acquisition of Arm being too close to call. Source: Hairem / Shutterstock.com I got the idea for this article from a headline that wondered if Nvidia would
I last wrote about Nano Dimension (NASDAQ:NNDM) in early April. Back then, shares of NNDM stock were trading around the $8 mark. On Aug. 11, however, the stock closed at $6.38. Source: Spyro the Dragon / Shutterstock.com Back in April, the company — which has offices in both Israel and Florida — had recently finished
It’s funny how the market can dislike a company, then love it, and then dislike it again. Such has been the fate of Jumia Technologies (NYSE:JMIA) in 2021 as the owners of JMIA stock have been subjected to a veritable roller-coaster ride. Source: Christopher Penler / Shutterstock.com I actually pounded the table in favor of Jumia
Joby Aviation (NYSE:JOBY) is officially public today after closing its business combination with Reinvent Technology. Today marks the public start of Joby’s big growth trajectory, but the company has been leading innovation in the vertical takeoff, air taxi space for quite some time now… Source: T. Schneider / Shutterstock.com With all revolutionary companies, it’s the
Investors have been bullish for at least three years. Much of the credit goes to the Federal Reserve. As it is, Wall Street has a habit of overshooting in both directions. So it is not a surprise to see markets break records about breaking records. Today we will illustrate that over-reaction point with Uber (NYSE:UBER) stock.
At surface level, the concept of finding the best retirement stocks to buy is a patently obvious one: acquire shares of stable blue chips that have a long history of consistent and robust dividend payouts. Then, just sit back during your golden years while these corporate giants work hard for you for a change. While
Alarming inflation rates rattled stock markets in the last month, including investors in dividend stocks. Previously steady performing assets are experiencing pockets of weakness, as risks are higher than before. For example, the financial sector has enjoyed a steady uptrend since November 2020. Markets thought that the absence of inflationary pressures would lift economic growth
The pandemic and mandatory lockdowns showed how important it is to stay connected in the comfort of our homes. Almost overnight, millions of people stopped going to offices and schools and instead switched to working and studying online. In turn, this produced a handful of some solid tech stocks to buy for investors. According to
After The Wall Street Journal published an advertorial by an Amazon (NASDAQ:AMZN) executive explaining the company’s strategy for connected cars, I’m extremely confident that BlackBerry (NYSE:BB) stock will benefit tremendously from its partnership with Amazon. Source: Shutterstock Amazon and BlackBerry are partnering to develop IVY, which is essentially an app store for connected vehicles. BlackBerry CEO John
Under Armour (NYSE:UA, NYSE:UAA), the U.S.-based sports clothing and footwear retailer, posted truly amazing results for its second quarter, ending June 30. This implies that UAA stock could easily rise 86.6% to $46.30 over the next year and a half, assuming its free cash flow (FCF) margins hold up on 2022 sales forecasts. Source: Sorbis
The U.S. online gambling market has been booming. Many operators have gone digital in response to the closure of gambling establishments during the novel coronavirus pandemic, rapidly expanding their online gambling offerings in 2020. That said, this has produced a handful of iGaming stocks to buy. According to Mordor Intelligence, the online gambling market was valued
The U.S. is pulling out all the stops to modernize its infrastructure. While that word doesn’t inspire a lot of excitement for most investors, it’s a very enticing prospect on the whole. It means all of the things we rely on to conduct the fundamental business of living our lives will get an upgrade. The
It’s been a while since I last wrote about General Electric (NYSE:GE) and GE stock. So long, in fact, that the industrial conglomerate now trades near $100. Source: Sundry Photography / Shutterstock.com When I wrote about GE in late April, it was only trading around $13. To get that kind of liftoff, it must have
Nokia (NYSE:NOK) is a leading firm in the telecommunications equipment industry. Its network business garners revenue from selling wireless and fixed-line hardware, software and services. Nokia’s technology segment licenses its patents to handset manufacturers and makes royalties from Nokia-branded cellphones. And NOK stock is international — the Finland-based company operates on a global scale, with
In-line with my previous, bullish assessments of Nokia (NYSE:NOK), the company recently reported very strong second-quarter results. As a result, NOK stock is close to reaching its highest levels in over five years. Source: rafapress / Shutterstock.com I remain upbeat on Nokia’s new chips, the company’s CEO, who was hired last August, and its opportunities.
Although American society appears to be firing on all cylinders following the devastation of the novel coronavirus pandemic, a recent report from Reuters revealed just how devastating the crisis was. On an annualized basis, the U.S. economy contracted 19.2% from its fourth-quarter 2019 peak. This stark data confirmed that the “Covid-19 recession was the worst
SoFi Technologies (NASDAQ:SOFI) stock has, on balance, gone nowhere in 2021. It’s also, potentially, the Amazon.Com (NASDAQ:AMZN) of the fintech space. Source: rafapress / Shutterstock.com That’s because SoFi is two companies. One is the customer-facing bank and brokerage firm, the one with the ads reading “Save, spend, earn, borrow and invest – all in one app.”
Compass Pathways (NASDAQ:CMPS) has been beaten up lately. But the fundamentals are rapidly improving, making now a great time to buy this psychedelic stock. Source: Shutterstock CMPS and other companies championing psychedelic-based therapies are seeing legalization tailwinds grow rapidly. Many cities across the U.S. are in talks to decriminalize psilocybin, among other substances. Cities in
Whether it’s a radically new operating model, the right use case for emerging technology, or innovative products or services, technology disruptors are changing the way we do business. That is why SoFi (NASDAQ:SOFI) stock is a prime candidate for your portfolio. Source: rafapress / Shutterstock.com In the last month, shares have shed 14% as retail