In this article QRVO SPOT ALGN QCOM FB A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell Wednesday: Meta Platforms — Shares of the Facebook parent plunged more
In the 16 months that FuboTV (NYSE:FUBO) has been trading publicly, FUBO stock has posted a small gain. If you look at that without any context, you’d say the stock was a good-but-not-great performer. Source: Lori Butcher/ShutterStock.com However, if the last two years have taught investors anything, it’s that context matters a whole lot. FUBO
After a rough few weeks, Rivian Automotive (NASDAQ:RIVN) — like other major electric vehicle (EV) stocks — has started to bounce back. Starting on Jan. 31 when it surged 15%, RIVN stock has been trending higher. After falling to a low of around $50 per share, the stock is back to the $64 mark. Source:
Key Takeaways Monthly active users came in at 2.9 billion, matching analysts’ forecasts. Facebook (Meta) uses monthly active users to measure the size of its global active user base, which it monetizes through the sale of ad space on its social media platform. The company says that cost inflation and supply chain disruptions are having
Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com
Add electric-vehicle chargers, heat pumps, smart thermostats and more to the list of energy-efficiency home improvements that can earn homeowners a tax credit. The U.S. Environmental Protection Agency said Tuesday its Energy Star program, which already targeted water heaters, lower-impact appliances and other upgrades, now includes additional “green-minded” home improvements. Such upgrades are intended to
In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get
In this article XOM PBI CRUS UPS AMC SIRI A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Exxon Mobil – Exxon shares
It didn’t take long for the euphoric rally in cannabis stocks following President Joe Biden’s election to fizzle out. You can thank a renewed focus on valuations and regulatory headwinds for that. Among the stocks to crash and burn was Canadian cannabis producer Sundial Growers (NASDAQ:SNDL). SNDL stock is down nearly 90% since its post-election
Robinhood Markets (NASDAQ:HOOD) stock was hit hard by the latest tech wreck. But it is moving back up. Should you buy it? Source: OpturaDesign / Shutterstock.com Shares fell 40% after TV analyst Jim Cramer said Dec. 14 that he preferred old-line brokerage Morgan Stanley (NYSE:MS), up 5.5% since then. But Hood stock bounced off the
Financial Planning for 2021 Planning for the future can be a difficult and stressful process. There are so many events and deadlines to keep track of and, when it comes to personal finances, missing an important date could be both figuratively and literally costly. To add a little sanity to your life, we created a
E-commerce firm ContextLogic (NASDAQ:WISH) stock rose a strong 16% in intraday trading on Monday without any apparent stock-related news to suggest a change in the troubled company’s fortunes. Source: sdx15 / Shutterstock.com WISH stock is still down 91% over the past year. Could Monday’s strong rally point to a sustained rebound in February? An Imminent
Federal regulators are expected to be asked as soon as Tuesday to authorize Pfizer’s COVID-19 vaccine for children as young as 6 months, and the first shots could come by the end of February, according to news reports Monday night. The New York Times and Washington Post both reported Pfizer Inc. PFE, -0.50% and its vaccine partner, BioNTech
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent rose more than 7% in extended trading after the company beat on the top and bottom lines for its quarterly results. The
The argument that the market overhyped Rivian Automotive (NASDAQ:RIVN) stock for the first week after its initial public offering (IPO) is valid. It got too hot too quick. There was little to substantiate it running to $172 within a week of its $100 IPO. That is well above target prices and it seems that Rivian
Intel (NASDAQ:INTC) CEO Pat Gelsinger is using “tech sovereignty” to fuel the stock’s comeback, with hefty government aid. INTC stock has some big changes on the horizon. Source: Sundry Photography / Shutterstock.com Intel’s decision to put its new $20 billion chip plant outside Columbus, Ohio was fueled by over $2 billion in state government “incentives.”
DraftKings Inc. (NASDAQ:DKNG) has started 2022 with poor performance, contrary to what investors may have expected. DKNG stock has lost approximately 16% of its value year-to-date (YTD) and currently trades just above $23. Source: Tada Images / Shutterstock.com A few months back, specifically in late September, I wrote that “It’s time to bet against more
Key Takeaways Revenue for AMD’s Enterprise, Embedded and Semi-Custom segment came in above expectations. The Enterprise, Embedded and Semi-Custom segment has been growing much faster than the company’s other main segment as processing chips are being embedded in more and more products. AMD expects revenue to grow approximately 45% year over year in Q1 FY
SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi