Didi Global (NYSE:DIDI) went public on June 29 at a price of $14. After two days of trading, it was over $16. Since then, it’s pretty much been downhill for DIDI stock. Source: Piotr Swat / Shutterstock.com Although the IPO raised more than $4.4 billion, I think it’s fair to say that most of the
There is a lot going on right now. Inflation is becoming a concern and the global supply chain has yet to recover from the pandemic, resulting in product shortages. Semiconductors continue to be in short supply, making supply woes worse — especially when it comes to consumer electronics and cars. The federal government is struggling
It is no secret that Hyliion Holdings (NYSE:HYLN) stock has become a massive disappointment. Source: Hyliion media It fell dramatically leading up to its special purpose acquisition company (SPAC) merger back in late 2020, after rising in equally dramatic fashion after the initial announcement. Prices rocketed from under $10 per share to a high nearing
Investors in e-commerce and technology-enabled consumer products company Aterian (NASDAQ:ATER) stock may have noted the addition of two unique risks in the latest quarterly report (10Q) filed on Aug. 9. Source: Shutterstock The first risk factor is related to elevated short-seller activity on ATER stock. The company linked the risk to a short-seller report from
As the financial divide between the rich and everyone else deepens, a new study shows how the wealthiest Americans build their wealth versus everyone else. From 2001 to 2016, average wealth for the bottom 90% grew by 17%, rising from $120,000 to $140,000. Over the same period, the top 1% of households saw their wealth
A car is one of the largest investments you will ever make next to a home. It’s common knowledge that a car depreciates in value the minute a new car leaves the sales lot. What you may not realize, though, is that depreciation is often the single largest cost associated with owning a car. Depreciation
In this article OMC IBKR NFLX UAL Mario Tama | Getty Images News | Getty Images Check out the companies making headlines after the bell: United Airlines — Shares of United added about 2% in after-hours trading following the airline’s better-than-expected financial results as travel rebounded in the third quarter. United posted a loss of
Navigating the stock market is not for amateurs. It’s a complex and alluring maze that can be overwhelming, especially when you’re just starting to invest or want to find more affordable ways of getting into it. The best way I’ve found so far? Subscribing to investment gurus and taking a look at their stock picks.
UiPath (NYSE:PATH) is a $25.79 billion technology stock that is draining out cash and seems to be having trouble with top-line growth. This means that the company may have trouble maintaining this high valuation. As a result, PATH stock is likely to keep falling. Source: dennizn / Shutterstock.com In fact, from its peak of $85.00
Ocugen Inc (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company. A penny stock in 2020, shares neared the $16 level in early February. At that point, OCGN stock had posted an eye-popping gain of 5,352% between then and mid-December 2020. Source: shutterstock.com/PhotobyTawat As you’ve no doubt guessed, that massive stock growth is all about a Covid-19 vaccine
Dear Quentin, My mother and father are both on the deed of our family’s land and home. My mother died in 2005. My father died in 2018. There are three siblings from that marriage: my older sister, my younger brother and myself. We also have a half-sister from my father. We are not sure if
Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021. SpaceX Elon Musk’s SpaceX has become one of the world’s most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications. Starship is the massive, next-generation rocket SpaceX is developing to be
The big cap stocks retreated at the end of 2020 as the small caps took the spotlight. Will the mega-cap FAANG stocks lead them back this earnings season?
Eight years after the first application for a Bitcoin exchange-traded fund (ETF) was filed by the Winklevoss brothers, the first Bitcoin ETF in the United States will begin trading at the New York Stock Exchange (NYSE). ProShares—a provider of specialized exchange-traded products based in Bethesda, Maryland—filed an application Friday to begin trading of the Bitcoin
Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation costs, however, and its shares
For the longest time, I’ve always assumed that the term Black Friday referenced the profitability narrative; that is, transitioning from being in the red to black. But I just got fact-checked by Britannica. Instead, police officers in Philadelphia in the 1960s used the phrase to describe the chaos as suburban tourists began their holiday shopping.
After months of sideways price action, Covid-19 vaccine play Ocugen (NASDAQ:OCGN) stock is zooming higher once. Source: shutterstock.com/PhotobyTawat The big development is a likely Emergency Use Listing (EUL) from the World Health Organization (WHO) for Covaxin. Developed in India by Bharat Biotech, Ocugen holds the U.S. and Canadian rights to market this vaccine. An EUL certainly
There’s been a lot of talk about blockchain, cybersecurity and social media company DatChat (NASDAQ:DATS) lately. Unfortunately for holders of DATS stock, not all of the chatter has been positive. Source: Marko Aliaksandr/ShutterStock.com For instance, InvestorPlace contributor Mark R. Hake described DatChat as a “private messaging application company with little going for it,” aside from the $11.04 million
Santa Claus will be back at select Macy’s Inc. M, +17.51% locations this year to take wish lists in person, but kids will need to reserve a spot before showing up. Santa will be at the Macy’s Chicago State Street store starting Nov. 6, and in New York’s Herald Square and San Francisco’s Union Square
An animated trajectory map shows the path of the Lucy mission, with the spacecraft (blue) launching from the Earth (green) out to the asteroids around Jupiter (orange). NASA NASA’s latest exploration spacecraft launched over the weekend, beginning a 12-year journey to visit Jupiter’s Trojan asteroids. A tool familiar to Wall Street was used to craft