Shares of 3D printing pure-play Desktop Metal (NYSE:DM) stock have cratered over the past year. DM stock has shed over 85% of its value in the past 12 months. Lackluster results and continual delays in releasing its much-talked-about Production System P-50 have driven investor skepticism. Though elements fuel its long-term bull case, its lofty valuation
CHAPEL HILL, N.C. – Here’s another entry for Ripley’s Believe It or Not: Bear markets in stocks are more likely to begin when interest rates are falling than when they’re rising. That’s important information to keep in mind at a time when inflation is at a 40-year high and interest rates are steadily rising. In
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Expedia — Shares of the travel company jumped more than 5% in extended trading after a better-than-expected earnings report. Expedia posted adjusted earnings
Microsoft’s (NASDAQ:MSFT) post-earnings rally and fade is likely due to Nasdaq’s rising volatility. Investors cannot decide if they should bargain hunt and buy beat-up technology stocks or buy MSFT stock. Source: Asif Islam / Shutterstock.com As inflation pressures force central banks to raise interest rates faster than expected, technology investors should consider accumulating Microsoft stock.
Many high-yield dividend stocks don’t have enough firepower to cover their dividend payments. Or else they barely have the earnings to cover the dividend. This could be one reason why the stocks have a high yield. Often these stocks either have to borrow money, sell assets, issue equity or debt just to be able to
Oil and gas play Camber Energy (NYSEAMERICAN:CEI) has languished in the penny stock territory for a while now. After its price topped $4.85 per share last September, CEI stock has shed over 85% of its value. It is now back where it belongs, trading in the penny stock territory after the Reddit-fueled enthusiasm. Though penny
If you’re eligible for Social Security benefits, you’ll have a choice of when to start collecting them: early (as soon as age 62), at your “full” or “normal” retirement age (65 to 67, depending on the year of your birth), or late (up to age 70). This article explains the pros and cons of claiming
The last time I discussed the controversial special purpose acquisition company Digital World Acquisition Corp. (NASDAQ:DWAC), its shares were up 57% on a year-to-date (YTD) basis. Since then, DWAC stock had its dips and dives, but it is still up 6o% YTD. Source: rafapress / Shutterstock What in the heck gives? For me, I find
Predicting a “brighter year ahead,” Expedia Group Inc. said Thursday that the impact of the omicron variant on travel was not as severe as previous COVID-19 disruptions. Expedia Group’s EXPE, +0.29% total gross bookings were $17.5 billion in the fourth quarter, down 25% compared with the fourth quarter of 2019. The company said that was
Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will
A customer shops for fruit at a Target store in New York, Jan. 12, 2022. Wang Ying | Xinhua News Agency | Getty Images Economists are expecting another hot inflation report, with the headline consumer price index running at a 7.2% pace in January. CPI is reported Thursday at 8:30 a.m. ET and is expected
Tech stocks are recovering and showing strong signs of a rebound. With several stocks down since the start of the year, now is a great chance to add them to your portfolio. Nvidia (NASDAQ:NVDA) is a hot tech company that is only growing with each passing year. Source: Steve Lagreca / Shutterstock.com Call it data
AMC Entertainment (NYSE:AMC) has seen its picture go a little fuzzy lately. AMC stock was one of 2021’s unexpected winners as it rode an unprecedented wave of social media interest. However, the name has now declined 75% from its 52-week highs and is down by about 40% just over the past six weeks alone. Source:
Key Takeaways Gross bookings came in at $25.9 billion, surpassing analysts’ expectations. Gross bookings measure the total dollar amount that Uber generates across its business platforms. Uber said that the omicron variant had an impact on its business in late December but that it’s already bouncing back to continue its ongoing recovery from the pandemic.
When conservative talk radio host Larry Elder went head-to-head against incumbent California governor Gavin Newsom during last year’s recall election, it had significant implications for DraftKings (NASDAQ:DKNG). You see, Elder has some libertarian views, but he’s not too fond on gambling, which of course would have boded poorly for DKNG stock had he won. Source:
Shares of Facebook-parent Meta Platforms Inc. bounced off a 20-month low Wednesday, as a widely followed technical indicator sank to the most oversold level seen since just a few months after the company went public 10 years ago. The stock FB, +4.37% climbed 3.0% in midday trading, after plunging 31.8% amid a four-day losing streak
General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California. AaronP | Bauer-Griffin | GC Images | Getty Images Check out the companies making headlines after the bell. Walt Disney — Shares of
Web 3.0 — also referred to as the decentralized web or Web3 — is getting plenty of attention on Wall Street. Some regard it as a paradigm shift that will make the internet immersive for the masses. Others highlight, “Web3 is about ownership. It’s about the direct connection between creators and consumers, obfuscating the gatekeepers.”
Dividend stocks are an important part of your investment portfolio. Growth stocks are a great way to grow your overall wealth over a long period, but adding dividend stocks to the mix provides an ongoing income flow. You can use that income to help cover your living expenses, or you can turn around and plow
Even after a 60%-plus drop in shares of digital payments company Block (NYSE:SQ) — formerly known as Square — SQ stock is still trading at very high valuations. And the company faces a number of challenges that make it an unappealing investment. Source: Sergei Elagin / Shutterstock.com In addition to stiff competition from PayPal (NASDAQ:PYPL)