Upstart (UPST) as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game. Source: Postmodern Studio / Shutterstock.com However, as an investor, it’s
Friends and families relying on at-home rapid COVID-19 tests to safely celebrate the holidays should do those tests as close to the point of arrival as possible, and not one or two days earlier or even the morning of. The standard thinking until now has been that performing a rapid test one to three days
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Images Nikola shares jumped
Santa Claus pays a visit on the floor at the New York Stock Exchange. Brendan Mcdermid | Reuters After a period of turbulence, the decks may be cleared for a good old-fashioned Santa Claus rally in the week ahead. Stocks were higher in the past week, after a rough stretch that continued into Monday. The
What prompts people to buy and hold shares of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL)? Oftentimes, they own GOOG stock simply because Alphabet is the parent company of ultra-popular search engine Google. Source: Benny Marty / Shutterstock.com Yet, Google’s popularity isn’t the only reason to maintain a stake in Alphabet. That’s because the shareholders also get exposure to artificial
Investors in Exxon Mobil (NYSE:XOM) stock had a great 2021. Source: Harry Green / Shutterstock.com In fact, Exxon Mobil stock is up 47% year-to-date. That’s better than Apple (NASDAQ:AAPL) and nearly equal to Microsoft (NASDAQ:MSFT). The stock is powered by rising oil prices. West Texas Intermediate, the primary U.S. grade of oil, is trading at
By all rights, SmileDirectClub (NASDAQ:SDC) shareholders should be a happy bunch right now. After all, Covid-19 kept many people out of dental offices, creating the perfect opportunity for a company built around remote teledentistry. In addition, pandemic-weary consumers have spent 2 years of boosting spending on self-care. Improving their smile should have been a no-brainer. However,
Every industry has its jargon, and the financial industry is no exception. Below is a collection of the oddest business and investing terms found on Investopedia. Liven up a conversation and tell folks you prefer “ankle biters” to “big uglies,” that you expect a “dead cat bounce,” but that you’d never take a tip from a
This was the year Oracle (NASDAQ:ORCL) was finally recognized as a cloud player. When ORCL stock hit its all-time high on Dec. 6, investors were looking at a 67% year-to-date gain. Today, shares are up a little more than 40%, thanks in part to the omicron downdraft but also thanks to Oracle’s purchase of Cerner
As the IPO market slowed down at the end of 2021, companies that had been expected to jump on the hot market were left out in the cold, but many of them are still expected to test the waters in 2022. Technology companies dominated the market for initial public offerings in 2021, representing nine of
In this article AMC GME DWAC HWIN Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters An army of Reddit traders, triple-digit stock pops and a $100 million deli: In a wild year of trading, the unexpected became the norm
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Will there be a Santa Claus rally? The bulls say yes. The Santa Claus rally is a very specific event. It is the tendency for the market to rise in the
In this article TSLA SFIX NVAX 9618-HK NKLA AVO Check out the companies making headlines before the bell: Novavax (NVAX) – Novavax jumped 3.4% in the premarket after the drugmaker said a two-dose treatment of its Covid-19 vaccine demonstrated strong immune responses against the omicron variant. It did add that the response to omicron was
As we head into 2022, investors are looking forward to a year of opportunity and trying to read the tea leaves. There are plenty of variables in play, including inflation and interest rates. The omicron variant is ensuring the pandemic remains a force to be reckoned with. Semiconductor shortages continue to roil the supply chain.
I’ll be frank here. I’m pretty surprised that GameStop (NYSE:GME) stock managed to hold on to at least a portion of its gains in 2021. GME stock opened the year at $19 a share; today, it’s at $154. Source: Shutterstock / mundissima Much of that is due to GameStop’s huge, loyal following on Reddit’s r/WallStreetBets.
Many financial professionals will, for a fee, help you navigate your way to and through retirement. But using a financial advisor isn’t mandatory. If you can’t afford, don’t trust, or otherwise would prefer not to use an advisor, managing your retirement is always an option. You have to map out a sensible plan and be
Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company. Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford
The numbers: Initial jobless benefit claims were unchanged at 205,000 in the week ended Dec. 18, the U.S. Labor Department said Thursday. The previous week’s figure was revised down by 1,000. Economists polled by The Wall Street Journal had estimated new claims would total 206,000. Before the pandemic, initial jobless claims averaged about 220,000 a week.
In this article PAYX COIN BABA TSLA KMX A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares fell nearly 4.9% despite the used car retailer’s better-than-expected quarterly report. The company posted earnings of $1.63 per
When Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.