The story of ContextLogic (NASDAQ:WISH) has evolved since it went public in December. At first, WISH stock was a hot e-commerce play, priced as if its pandemic-era growth rates would persist. Source: sdx15 / Shutterstock.com Months later, as its pandemic tailwinds faded, it became a short-squeeze play. Retail traders piled in, hoping to squeeze it just
Both Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns. This column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple AAPL,
Two Medical Products Stocks with Recent Price Strength.
Mortgage rates have eased lower for a third consecutive day, notably reversing direction after last week’s strong upward momentum took the flagship 30-year rate to within a point of its highest average of the calendar year. So far this week, the 30-year rate is down a full tenth of a percentage point. National Averages of
In this article CMCSA CAT MRK TPX F EBAY Check out the companies making headlines before the bell: Comcast (CMCSA) – The parent of NBCUniversal and CNBC reported adjusted quarterly earnings of 87 cents per share, 12 cents above estimates. Revenue also beat forecasts as cable and broadband revenue grew, and the stock jumped 3%
After a small stint in September of harsh investor sentiment on Wall Street, the indices made new highs. I had maintained a positive opinion and shared stocks to buy throughout the malaise. Today’s message is more of the same, but with three new tickers that just fell on hard times. I still focus on quality
I wrote about AT&T (NYSE:T) in early September and advised that prudence should govern any decision about T stock. Since that article, T stock is down 6%. However, most of that occurred after the ex-dividend date for the company’s upcoming Nov. 1, 2021 dividend payout. Score one for prudence. Source: Jonathan Weiss / Shutterstock.com Investor sentiment began to sour in
Robinhood (NASDAQ:HOOD) just posted a down quarter in terms of revenue growth and earnings compared to last quarter. Its crypto trading was a big portion of its revenue in Q2. Now, as seen in its latest earnings for the third quarter released on Oct. 26, crypto transactions fell dramatically. As a result, don’t expect HOOD stock
Coupang (NYSE:CPNG) is the leader of the South Korean e-commerce market. The company successfully completed its initial public offering (IPO) this spring, and its shares started trading around $50. That was close to the high-water mark for CPNG stock; the shares have skidded to less than $30 now. Source: Ki young / Shutterstock.com The company
Dear Quentin, I trust my sister, but think she is sometimes driven by sentiment rather than practicality. I am one of four, and the sister who lives closest to my mom is handling finances for her. Mom is 93, in decent health, and currently in assisted living. That is the big picture. There is a
Traders participate in financial markets by buying and selling stocks, futures, forex, and other securities, and by closing out positions with the intention of making small, frequent gains. Just as there are many types of investors, there are many types of traders, ranging from the small, independent trader working from a home office to the institutional player
In this article TWLO TDOC EBAY F Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images Check out the companies making headlines in after-hours trading: Ford Motor — Shares of the automaker jumped more than 5% after it nearly doubled analysts’ third-quarter earnings expectations and recorded a
Another step in Lucid (NASDAQ:LCID) global expansion took place on Oct. 14. The luxury electric vehicle brand opened its first Canadian studio in downtown Vancouver. It’s now ready to take reservations for Canadians eager to plunk down 105,000 CAD for the Lucid Air Pure. As the company takes its show on the road, owners of
As I predicted a few weeks back, the choppy uptrend in tech-focused acquisitions company Vinco Ventures (NASDAQ:BBIG) appears to have come to an end. Following an 800%-plus year-to-date gain, BBIG stock topped out in early September. Shares now sit more than 60% below that high, following a 44% drop in the past week and a
Purchasing Palantir (NYSE:PLTR) stock continues to make sense for a specific type of investor. Let’s start with what you won’t get when buying Palantir shares. Source: Sundry Photography / Shutterstock.com Are you likely to get quick growth from PLTR shares? No, probably not. Sentiment surrounding Palantir has essentially settled since March. Following a few months
Dear Quentin, My former mother-in-law has a life-insurance policy on my 27-year-old daughter, her oldest granddaughter. Is that valid and legal? We all live in Georgia and have for years. I divorced my ex-husband 26 years ago. My current husband, of 24 years, took my oldest daughter in and accepted her 100% as his own
The income effect may have positive or negative consequences on a small business, depending on many factors. The income effect relates to how a consumer spends money based on an increase or decrease in their income. An increase in income (the ability to spend more money) results in a demand for more services and goods.
In this article HOOD MSFT SPOT MCD Check out the companies making headlines Wednesday before the bell: Coca-Cola (KO) — Coca-Cola jumped 2.9% in the premarket following a profit and revenue beat for the beverage giant, which also raised its full-year forecast. Coca-Cola reported adjusted quarterly earnings of 65 cents per share, 7 cents above a
Let’s be honest. Not every investor loves Chinese companies and stocks right now. Perhaps some investors saw what happened to ride-hailing giant Didi Global (NYSE:DIDI). As a result, maybe they’re afraid to take a position in China-based electric vehicle (EV) maker Xpeng (NYSE:XPEV) because XPEV stock might also tank. Source: Johnnie Rik / Shutterstock.com Yet let’s not
When Virgin Galactic (NYSE:SPCE) stock began trading in 2019, its management had laid out an aggressive strategy to start flying out people to space by 2020. Source: rafapress / Shutterstock.com Then the pandemic hit, which had Virgin and countless other companies having to reassess their plans. Since then, the developments have been mostly underwhelming for