Cannabis company Tilray (NASDAQ:TLRY) is undeniably a disappointment. Meme traders sent TLRY stock to an unsustainable high of $67 in February. Since then, the stock has fallen steadily. Source: Jarretera / Shutterstock.com As this Canadian cannabis firm aims to expand to the U.S., should the owners of its stock hold onto their shares? The Bearish
Oh snap! That’s what Snap (NYSE:SNAP) shareholders were saying yesterday when the stock plunged 25% in a single day after the company reported disappointing third-quarter numbers. Source: Ink Drop / Shutterstock.com Actually, it wasn’t just Snap shareholders saying that. It was shareholders of all tech and digital advertising stocks. Facebook (NASDAQ:FB). Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Twitter
Higher U.S. interest rates threaten the so-called FAAMG stocks. I’m referring to Facebook FB, -5.05%, Apple AAPL, -0.53%, Amazon.com AMZN, -2.90%, Microsoft MSFT, -0.51% and Google (Alphabet) GOOGL, -3.04%, whose combined market caps now represent a quarter of the S&P 500’s SPX, -0.11% total. The source of this growth in valuation has been largely a
Social Security is a federal benefits program in the United States that was founded in 1935. While the program also includes disability income, it is most commonly associated with monthly retirement benefits paid out until death. The Social Security system is funded through payroll taxes. The Federal Insurance Contributions Act (FICA) mandates a 12.4% levy
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock market’s recent gains to the test. Apple, Microsoft, Alphabet, Facebook and Amazon — the biggest
Novavax (NASDAQ:NVAX) continues to be a wild ride for investors. NVAX stock has lost some 35% of its value since the end of September. In general, vaccine stocks have dropped upon the news of Merck’s (NYSE:MRK) Covid-19 pill. Source: Ascannio/Shutterstock.com Further weighing down on NVAX stock is large insider selling. The company’s CEO, Stanley Erck,
AT&T (NYSE:T) produced its third-quarter earnings on Oct. 21. But as might have been expected, the wireless company gave no further news on the closing of its upcoming structural changes. More importantly, T stock shareholders also received nothing new about the company’s proposed dividend cut, which might come sometime next year. Source: Roman Tiraspolsky /
MicroVision (NASDAQ:MVIS) is a company seeking to commercialize light detection and ranging (lidar) technology. The company has been in business since the 1990s and has little to show for it. MVIS stock peaked around $500/share during the 2000 dot-com bubble, and trades at a tiny fraction of that today. Source: temp-64GTX/Shutterstock.com That said, MicroVision has
Sundial Growers (NASDAQ:SNDL) has been one of the most fascinating corporate turnarounds of the past year. A little over a year ago, SNDL stock was trading for less than 14 cents and the company seemed to be on the brink of bankruptcy. Then the Reddit WallStreetBets phenomenon happened. SNDL stock exploded in a massive short
Dear Quentin, My physically abusive ex and I separated a year ago (we were not married); we have two children together. I have a restraining order against him and I have primary custody of the children. Seven years ago, we bought a house. Both of our names are on the title but only my name
Billionaire investor Paul Tudor Jones told CNBC on Wednesday he views cryptocurrencies right now as a better hedge against inflation than gold. “It would be my preferred one over gold at the moment,” Jones said in a “Squawk Box” interview. He added, “Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold
Preston and Stig conduct their second part interview with New York Times Best Selling Author, James Rickards. Jim has a new book titled, The Road To Ruin, where he writes about the potential risks in the current financial markets. Tune in to hear about insider conversations with Ben Bernanke and William Dudley at the US
As of today, September 16, 2021, the 20-year fixed mortgage purchase rate is 2.76% and the 20-year fixed mortgage refi rate is 2.87%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their
Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make it more difficult to gather information from users and target ads. Snap did beat estimates by
There’s growing concern that the economic recovery could falter this winter if Covid-19 cases spike dramatically. Those concerns are not just being felt in the U.S. but all over the world, leaving investors to start hunting for safe stocks to buy. The Organization for Economic Co-operation and Development (OECD) recently lowered its growth forecast for
As was the case last month, GameStop (NYSE:GME) stock has managed to perform relatively well. That is, considering how the conditions that enabled the “to the moon” rally earlier this year are no longer in play. Source: TY Lim / Shutterstock.com Yes, shares in this video game retailer remain one of the most talked about
Something very interesting happened in the stock market yesterday… something that most folks missed or didn’t pay much attention to… but that could help you score 100% returns in 2022. Here’s what happened: Growth stocks and the 10-year Treasury yield both rose. Source: Shutterstock I bet a lot of you are saying: So what!? And
American Express Co. topped earnings and revenue estimates Friday as the company benefited from an acceleration in consumer spending and saw further recovery in the travel and entertainment categories that had been hit hard earlier in the pandemic. The financial services company posted third-quarter net income of $1.8 billion, or $2.27 a share, up from
In this article GSBD A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs just closed its second billion-dollar blank-check deal ever as the Wall Street firm seeks to change the struggling SPAC market by building a
Trading volatility is nothing new for options traders. After all, most of them rely heavily on volatility information to choose their trades. Volatility represents the extent of changes in the price of a stock, security, commodity, or index over a defined time period. Volatility also helps provide a metric for the magnitude of a price