California-based online entertainment platform Roblox (NYSE:RBLX) empowers people to play video games and socialize in a vast, 3D, virtual world. Since the company was an early-stage entrant in the red-hot metaverse space, RBLX stock has generated major buzz on Wall Street. Source: Miguel Lagoa / Shutterstock.com Indeed, as the term “metaverse” gained traction in the financial
U.S. stock-index futures were trading sharply lower Monday morning, following a losing week on Wall Street amid worries about politics, Fed policy and the fast-spreading omicron variant of COVID-19. How are stock-index futures trading? S&P 500 futures ES00, -1.32% fell 62 points, or 1.3%, to 4,547.50. Dow Jones Industrial Average futures YM00, -1.21% dropped 438
Sports betting is fast becoming mainstream as more states legalize it. More recently, legalization in New York state and Canada have provided tailwinds for the segment. After all, it is a steady source of tax revenue. Additionally, as esports grows in popularity, Wall Street pays increased attention to the segment as well. Therefore, let’s discuss
Ocugen’s (NASDAQ:OCGN) chances of finding success with its Covid-19 vaccine candidate Covaxin have continued to drop. So, too, has the price of OCGN stock. Trading for around $7 per share when I last wrote about it, today it’s around $4.90 per share. Source: shutterstock.com/PhotobyTawat Now, not all of its recent slide can be chalked up to
According to the ideal of the American Dream, everyone deserves the opportunity to pursue happiness and economic prosperity, and the government should protect the right of every citizen to achieve their highest aspirations and goals. The notion of the American Dream was invented by the Founding Fathers of the United States and was initially captured
The first time I wrote about Digital World Acquisition Corp (NASDAQ:DWAC) and DWAC stock, I gave Donald Trump the benefit of the doubt. Source: Dmitry Demidovich/ShutterStock.com “There is no question he brings a different mindset to social media, which ought to create some real buzz with a particular segment of the American population,” I wrote
Netflix Inc. will slow the content spigot a bit in January, giving viewers a chance to catch up on recent releases — but that doesn’t mean there’s nothing notable on the way. After nearly two years off, the popular crime drama “Ozark” (Jan. 21) returns for seven episodes in the first half of its fourth
In this article 7203.T-JP RRD REGN VIR LLY DPZ Check out the companies making headlines before the bell: Toyota (TM) – Toyota gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages. Vir Biotechnology
The EV Revolution is in full-swing right now. Source: Shutterstock Tesla has passed the trillion-dollar valuation mark. Lucid just rolled out its first cars with 500-plus miles of driving range. Rivian just had the biggest initial public offering (IPO) since Facebook. Every legacy automaker — from Ford, to GM, to Volkswagen — is investing tens
“What a difference a year makes” is the best way to describe the situation of ContextLogic (NASDAQ:WISH). A year ago, WISH stock was marking its debut on the Nasdaq Exchange, via an IPO that priced it at $24 per share. Source: sdx15 / Shutterstock.com Today the shares of the e-commerce company which operates the Wish.com platform
Withdrawals on earnings from a Roth IRA don’t count as income, but only if you make what the IRS deems as qualified distributions. If you follow IRS rules, earnings grow tax-free, and you don’t pay taxes on withdrawals either, which are among the main benefits of this type of retirement account. Non-qualified distributions count as
Fat search profits have made Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock 2021’s hottest “Cloud Czar.” Source: achinthamb / Shutterstock.com The company has earned $103.84 per share over the last four quarters. That let the stock rise 65% while the price to earnings ratio remained at an almost-reasonable nearly 29. Google’s early dominance was based on search advertising.
Forget the salad bar and ping-pong table at the office — workers want substantial benefits, and in some cases, they may already have them. Retirement Tip of the Week: As we head into the new year, review what benefits your company already offers and take advantage of these offerings as much as you can. Don’t
In this article ADBE ABNB HOOD WOOF ACN The Adobe Systems logo is displayed outside one of the company’s offices. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares of Adobe sank 11.4% after issuing weaker-than-expected guidance. Adobe forecast fiscal year 2022 adjusted earnings
In my article last week on Intel (NASDAQ:INTC), I said that INTC stock looked like a good buy considering its dividend yield. Source: Pavel Kapysh / Shutterstock.com My Dec. 13 article, “Intel Could be Worth 20% More If it Raises the Dividend by 5%,” showed that INTC stock is cheap. For example, compared to its
Several reports say the U.S. is planning to add eight more Chinese firms, including the country’s largest commercial drone maker, to its investment blacklist before year’s end. U.S. investors are barred from taking stakes in companies on the list, which currently comprises about 60 firms. The report prompted a selloff in Chinese stocks listed in
Investing in microcap stocks, also called penny stocks, demands a higher degree of risk tolerance than investing in small-cap stocks because risk increases with lower market capitalization. One reason for this higher risk is the thin trading volume for microcap stocks, which can make it difficult to sell shares at the desired price within a
BlackBerry Limited (NYSE:BB) as 2021 is coming to its end, should terminate once and for all its meme stock status that sent it to perform relatively well amid poor fundamentals. Instead, the best option to survive and become a leader in the technology sector would be to find its economic moat and explore it as
It’s hard to believe that 2021 is nearly over. Time seems to go faster and faster, doesn’t it? And now that 2022 is upon us, retirees and Americans who are still working and saving for retirement should be aware of some data points that may come in handy in the new year: Savings and contributions
In this article JNJ FDX ORCL RIVN MRNA JPM An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of Johnson & Johnson fell 2.2%