Twitter (NASDAQ:TWTR) has been drifting down due to its lower-than-expected forecast for revenue this year. It ended last year at $43.22, but as of Thursday, Feb. 17, TWTR stock was at $35.43, or down 18% year-to-date (YTD). Source: Worawee Meepian / Shutterstock.com Investors can probably expect more of the same as analysts revalue the company’s
Amazon.com Inc. (AMZN), the world’s largest online retailer, has grown rapidly in a broad range of businesses including its core e-commerce operations, cloud services, and digital advertising. It also sells products such as the Alexa personal assistant and ecosystem, Kindle e-reader, Fire TV, and movies and television shows through its Amazon Prime Video platform. Amazon’s
Digital World Acquisition Corp. (NASDAQ:DWAC) stock a special purpose acquisition company (SPAC ) that announced a merger with former President Trump’s media firm Trump Media & Technology Group (TMTG). It has soared from nearly $10 in Oct. 2021 to $83.73 as of the close of Feb. 18, 2022. Source: rafapress / Shutterstock If you think
The U.S. Securities and Exchange Commission recently announced a new interpretation of its rules that would allow a company’s shareholders to vote on a much broader range of social policy proposals at the company’s annual meeting. Yet the SEC staff left the crucial question unanswered: How do we decide whether a social policy is “economically
In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose
David Borun goes over the best methods for closing a trade, despite how your original thesis was correct, or incorrect.
Traders working on the floor of the NYSE, Feb. 16, 2022. Source: NYSE The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the Dow Jones Industrial
When billionaire George Soros bought a stake in Rivian (NASDAQ:RIVN), it may have marked an end to the downtrend. RIVN stock peaked at nearly $180 within days after its initial public offering. The stock poetically took a 180-degree turn to the downside next. Markets corrected for the electric vehicle bubble quickly amid stock market volatility.
Up until now, stocks have relentlessly been “climbing a wall of worry.” But down days continue to follow down, with little upside relief. That’s when it’s good to have some quality dividend stocks in your portfolio. Companies that offer decent dividends are investor friendly. They see offering a dividend as a way to reward shareholders
The driving force behind Gamestop’s (NYSE:GME) initial community-driven surge has been down to an overly liquid market and analysts’ event-driven predictions. Moving forward, though, investors will want to understand why the influencing variables of GME stock will be subject to change. Source: rblfmr / Shutterstock.com At this stage, I’d imagine that readers aren’t entirely sure
Although the U.S. Bureau of Labor Statistics showed the unemployment rate hitting 3.9% in December 2021, the lowest it has been since January 2001, the COVID-19 pandemic is surging with the advent of the new omicron variant, and many Americans remain jobless. A good number of those are by choice, with 4.2 million people quitting
IonQ, Inc. (NYSE:IONQ) is a technology company that develops general-purpose quantum computing systems. Its website claims that “quantum computing has the potential to change the world.” Investors seem to be confused about this bold statement as they have witnessed a three-month return of nearly -51% for IONQ stock. However, IONQ stock also has a one-month
After a two-year borrowing blitz, U.S. companies with risky credit ratings hit pause on new debt financing in the past week, as the threat of a Russian invasion of Ukraine adds to market troubles. President Joe Biden on Friday said that, while a Russian invasion of Ukraine could come in a matter of days, and
A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
Value stocks are always in fashion. But after nearly 18 months where investors could find growth in usual and unusual places, value stocks got crowded out. This time, they said, was different. It wasn’t and it isn’t. If the recent market selloff has taught investors anything it’s that fundamentals matter. And fundamentals are where value
With the coronavirus pandemic forcing an unprecedented response by the Federal Reserve, it set in motion a dynamic that helps dividend stocks to buy. The consumer price index increased by 0.6% in January leading to an annual inflation market of 7.5%. The magnitude of the spike caught many analysts off guard. However, the price increase was
Palantir Technologies (NYSE:PLTR) took Reddit by storm last year. Palantir launched its direct listing in late 2020 with its shares priced around $9 each. However, investors associated with WallStreetBets drove the price of PLTR stock up to $35. Source: Ascannio / Shutterstock.com It was an incredible valuation, well north of $60 billion, for the secretive
When selecting a security for investment, traders look at its historical volatility to help determine the relative risk of a potential trade. Numerous metrics measure volatility in differing contexts, and each trader has their favorites. A firm understanding of the concept of volatility and how it is determined is essential to successful investing. The most
Investing in C3.ai (NYSE:AI) stock could have been a straightforward proposition for 2022. Artificial intelligence (AI), big data analytics, and machine learning are arguably some of the most trending words in most corporate board meetings as business leaders craft strategies to futureproof their business models, improve efficiencies and create new competencies. Unfortunately, the AI stock