Tilray (NASDAQ:TLRY) stock has been on a negative run for the past six months, dipping more than 50%. Hence, the recent pullback is quite intriguing. Source: Jarretera / Shutterstock.com However, it trades at 3.79 times forward sales, which is pricey despite Tilray’s encouraging performance in the past year. Tilray is one of the largest marijuana
They have been available on the New York Stock Exchange (NYSE) only since 2016 but owing to their fixed all-or-nothing payout, binary options (also called digital options) are becoming popular among traders and are gaining some interest from individual investors, particularly as a tool for hedging their positions in stocks. Compared to the traditional plain
Falling knife or bottom fisher’s buy? That’s the debate among investors and market pundits when it comes to AT&T (NYSE:T). Sinking around 21% this year following a negative reaction by dividend investors to its restructuring plans, on one hand T stock looks like a deep value play. Source: Roman Tiraspolsky / Shutterstock.com At least, that is
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on Wall Street in 2020. In a Friday evening blog post, Wood said that despite a brutal stretch that has compelled the operators of the ARK
The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — Investors should brace for a “pay-back period” in 2022 following a year of strong gains, as macroeconomic risks mount, according to HSBC Asset Management. In its 2022 investment outlook, the bank said the bumper returns investors
In this article US10Y US2Y .IXIC Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Stocks could be volatile in the coming week, with thin volume exaggerating moves in both directions ahead of the Christmas holiday. The market was whipsawed in
A few weeks back, I made the case why a “wait and see” approach may work best with Gores Guggenheim (NASDAQ:GGPI). However, taking a second look, I’m changing my view. That cautious strategy may not be the best move with GGPI stock after all — especially as more comes out about the special purpose acquisition
Meme stocks have been a dominant retail investor phenomenon polarizing the markets in 2021. And love them or hate them, meme stocks persist. Pundits have long speculated that the bottom will fall out of the overall movement. But that hasn’t happened yet — and it simply may never happen. The truth is that demand buoys
Selling your home is likely one of the biggest financial transactions you’ll undertake in your lifetime, and the price you agree on with a buyer, along with the real estate commissions you pay, will determine how much money you walk away with. These negotiating strategies could put you in the driver’s seat and help you
It’s the disclosure that everyone interested in the investment markets were waiting for. As InvestorPlace financial news writer Samuel O’Brient noted, the Federal Reserve recently met to discuss current economic challenges, particularly the soaring inflation rate. While the subsequent answer soothed benchmark indices, it leaves a question mark for SoFi Technologies (NASDAQ:SOFI), particularly as SOFI
Officials worked to shore up testing and healthcare capacity, as new COVID-19 infections hit a daily record in New York state and the Omicron variant added new risks to the pandemic response across the U.S. New York Gov. Kathy Hochul said Friday that the state recorded 21,027 new Covid-19 cases, surpassing the previous record of
In this article JPM Scott Mlyn | CNBC JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. The SEC said Friday in a statement that JPMorgan Securities admitted to “widespread” record-keeping
In this article DRI CERN WGO FDX RIVN EPAY Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%,
Alternative energy companies are playing a vital role in the energy transition away from fossil fuels and thus contributing to the fight against climate change. They comprise a growing list of companies, including solar, wind, hydrogen, tidal, geothermal, and biomass energy businesses. Today, I’ll introduce seven of the best clean energy stocks to buy before
Shares of MicroVision (NASDAQ:MVIS), a technology company developing lidar sensors primarily for the automotive industry supporting autonomous driving applications, have had an interesting 2021. So far, MVIS stock reached meme stock status, hit a 52-week high of $28 a share, and crashed to a current price of $6.02, as of Dec. 16. Source: temp-64GTX/Shutterstock.com Looking
Since the Great Recession, technology startups have been the source of the greatest value creation and opportunity. Some of the areas with the most exciting growth include smartphones, the sharing economy, cloud computing, and biotechnology. From Alphabet (Google’s parent) to Zoom, select companies have handsomely profited off these trends. And they can deliver exceptional returns to
Facebook, now known as Meta Platforms (NASDAQ:FB), is still the same company we’ve all known for years in some respects. For example, Mark Zuckerberg is still the CEO and the company still trades on Wall Street as FB stock (although the ticker may change in early 2022). Source: Blue Planet Studio / Shutterstock.com Also, the Facebook social
Rivian Automotive Inc. stock tanked late Thursday as the electric-vehicle maker posted its first financial snapshot as a public company, reporting mounting losses and facing headwinds from supply-chain snags and a tight labor market. Rivian RIVN, -5.33% said it lost $1.2 billion, or $12.21 a share, in the third quarter, compared with a loss of
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Thursday that early strength in the broader market indexes after the Federal Reserve‘s faster, but still gradual tightening plans does not reflect the reality that many companies are starting to struggle. “If you’re in companies losing money, you should sell them,” Cramer said on “Squawk
In this article GM X RIVN FDX JBL AFRM Rivian employees stand beside the new all-electric pickup truck by Rivian, the R1T, as it sits at one of its facilities on November 09, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Check out the companies making headlines in after-hours