QuantumScape (NYSE:QS) is a speculative pre-revenue stage company operating in the next-generation electric battery industry. The company claims to have advanced technology that could represent a great leap forward in electric battery performance. However, short sellers published scathing criticisms of QuantumScape’s technology and management team last year, leading to a massive decline. QS stock is
The S&P 500 Index has long been one of the best-known proxies for the U.S. stock market, and several mutual funds and exchange-traded funds (ETFs) that passively track the index have become popular investment vehicles. These funds do not seek to outperform the index through active trading, stock picking, or market timing but instead rely
The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is
PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.28% each just logged their biggest weekly declines on record after the onetime tech darlings delivered disappointing forecasts. Those weekly declines followed record single-day percentage
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital
They are two trillion-dollar companies that are among the best performing stocks of the last decade. But what do their earnings track records look like? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Some commentators, including InvestorPlace columnist Will Ashworth, have stated unequivocally that buying shares of special-purpose acquisition company Digital World Acquisition (NASDAQ:DWAC) at its current levels is stupid. DWAC stock soared from around $10 a share to a high of $175 in October when it was announced the blank-check company would merge with Trump Media &
From time to time, I like to revisit columns I’ve written in the distant past. Back in May 2016, I wrote about four dividend stocks that were extra-special because they paid special dividends. If you’re a dividend investor, you probably feel the special dividend is like if you won a big jackpot at a casino
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE After January’s surprisingly strong jobs report, focus swings to consumer inflation in the week ahead and what it could mean for the Federal Reserve’s plan to raise interest rates. Friday’s report of 467,000 jobs added in January confounded Wall Street economists, some of
I’ve written quite a few articles for InvestorPlace in which I’ve argued that a successful company doesn’t always equate to a promising stock. It’s crucial for investors to understand the power of market forces — and the influence of institutional investors. Case in point? Tilray (NASDAQ:TLRY). Fact of the matter is that TLRY stock is suffering
The price for shares of Starbucks Corporation (SBUX) recently continued its wider losing streak after the company reported earnings for the fiscal first quarter. Starbucks beat analysts’ expectations for revenue but missed on earnings per share (EPS). Analysts expected the company to announce $0.80 in EPS and $7.5 billion in revenue for the quarter—Starbucks reported
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
In true New York fashion, it took just three weeks for the state to set a U.S. record for most money wagered on sports betting in a single month. According to Friday’s financial report from the New York State Gaming Commission (NYSGC), New York bettors placed $1.6 billion worth of bets between Jan. 8-30, the
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters SEC Chairman Gary Gensler and his staff have been very busy lately, and they are about to
January was a rough month for stocks, but the downturn won’t last forever. Now is the time to look for cheap stocks to buy before they take back off. Many stocks that were flying high only a few months ago got taken down hard as the S&P 500 index fell 5.3% during the first month
Intel Corp. (NASDAQ:INTC) stock just reported excellent fourth-quarter 2021 earnings on Jan. 27 and its 2021 full-year earnings. In addition, the company also reported a huge amount of free cash flow (FCF) — $11.3 billion — for the full year. As a result, INTC stock is likely to rebound significantly from where it is presently
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The sudden slam to the economy from the omicron Covid variant could show up in January’s employment report as the first big loss of jobs since late
It’s been just over a year since traders on Reddit’s WallStreetBets incited the GameStop (NYSE:GME) trading frenzy and the term “meme stock” entered our lexicon. Early on, this retail army also set its sights on struggling movie theater chain AMC Entertainment (NYSE:AMC). An initial short squeeze in early 2021 took AMC stock from around $2
NEWS ALERT February 3, 2022, 10:13 a.m. EST: Meta stock plunged 25% Thursday morning after the social media giant reported disappointing 2021 earnings and forecast revenue growth next quarter would fall short of analyst expectations. The company also reported its first-ever decline in daily active users on its Facebook app. Meta Platforms Inc. (FB), the