Americans have double vision when it comes to satisfaction with their lives and with the country’s direction. They are chipper on how things are going for them personally, but glum about what’s happening in the bigger world around them, according to a new Gallup poll. At a time when the pandemic is slogging toward its
Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal would see the cloud computing company acquired by Vista Equity Partners and an affiliate of Elliott Management for $104
The earnings season has picked up momentum, with many stocks reporting over the next few weeks. Analysts predict to see robust earnings growth in old economy stocks that include cyclical sectors, energy, materials, industrials, and consumer discretionary names. Meanwhile, following recent price declines, many tech shares are also offering better value. Therefore, today’s article introduces
Space-tourism play Virgin Galactic (NYSE:SPCE) stock have been butchered at the stock market in the past year. Over the last 12 months, its stock has shed more than 80% of its value. Source: rafapress / Shutterstock.com With such a massive pull back in price and the huge potential of the space tourism sector, you’d probably
The financial crisis of 2008 and the great recession that followed is still fresh in the memories of many investors. People saw their portfolios lose 30% or more of their values, and older workers saw their 401(k) plans and IRAs drop to levels that threatened their plans for retirement. Instead of acting rationally during severe
Biotech is big business. And getting bigger. That’s good news if you’re investing in biotech stocks. According to market research firm Grand View Research, the global biotechnology industry is expected to reach $2.44 trillion by 2028, giving it a compound annual growth rate (CAGR) of 16% over the next seven years. Driving that huge growth
Stock futures pointed to a softer start for Wall Street as the month of February kicked off with a key manufacturing index ahead, and more earnings news from Exxon Mobil, Alphabet and General Motors. How are stock-index futures trading? S&P 500 futures ES00, -0.26% fell 0.2% to 4,493 Dow Jones Industrial Average futures YM00, -0.18%
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
Preston Pysh talks with Mark Moss about financial, political, and technology cycles throughout history. One quick caveat: We apologize for the tiny glitches along the way. Please bear with us, because the substance of the conversation and the way Mark Moss breaks down this complex subject is fantastic. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 –
Microsoft (NASDAQ:MSFT) recently produced stellar earnings on Jan. 25 for its fiscal second quarter and the six months ending Dec. 31. As a result, MSFT stock looks very cheap here, even though Microsoft has a market capitalization of $2.3 trillion. Source: Peteri / Shutterstock.com In fact, based on analyst projections and the company’s very high
Let’s not mince words. There are a number of loose ends with California-based ContextLogic (NASDAQ:WISH) which ought to be tied up by now, but haven’t been. Without a doubt, it must be frustrating to own WISH stock in hopes of fresh, material updates, only to be disappointed day after day. Source: sdx15 / Shutterstock.com For example,
In this article TSLA WBA K CTXS SPOT BYND The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares surged more than 9% after Credit Suisse upgraded the stock to outperform from neutral. The firm said the pullback
The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company’s stock may fall, even when reported earnings improve from the previous quarter. Apple’s stock history is a
In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time
Does this spell the end of Wordle as we know it? The viral word-game sensation is going corporate after it was scooped up by New York Times Co. NYT, +3.38% for an amount “in the low seven figures.” The New York Times announced Monday afternoon its acquisition of the cult-craze game, which allows users six
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
After being in a consolidation phase for an extended period, Lucid (NASDAQ:LCID) stock saw a sharp rally in Q4 2021. LCID stock surged by 89% between Oct. 27 and the end of 2021. Source: T. Schneider / Shutterstock The catalyst for the rally was the company delivering its first electric vehicle (EV), Lucid Air. Investors
On Jan. 28, it will be exactly one year since GameStop (NYSE:GME) stock hit its all-time high of $483. Just days after the peak, I wrote a story in which I said meme stock traders and speculators should have fun trading the stock. But I also said there’s “absolutely no reason to be holding GME
Institutional investors are organizations that pool together funds on behalf of others and invest those funds in a variety of different financial instruments and asset classes. They include investment funds like mutual funds and ETFs, insurance funds, and pension plans as well as investment banks and hedge funds. These can be contrasted with individuals who
Maryland-based pharmaceutical company Novavax (NASDAQ:NVAX) is a Wall Street disappointment right now. NVAX stock is down more than 40% so far this year. But that doesn’t tell the full story of the stock’s slide. Source: vovidzha / Shutterstock.com It was less than a year ago that NVAX stock traded for a hair under $330 per