Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
Don’t pass the salt. The Food and Drug Administration is concerned about America’s salt consumption, and the agency issued new guidance Wednesday for restaurants and food manufacturers to voluntarily reduce the amount of sodium in their food to 3,000 mg per day — still higher than the recommended daily allowance — over a 2.5-year period.
Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t
A trader works behind plexiglass on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 28, 2021. Andrew Kelly | Reuters Today is the traditional start of third-quarter earnings. Here’s the good news: Business is good. Demand for most goods and services are high. Here’s the bad news:
We bring back one of our most popular guests, investment expert Lyn Alden. Together, we explore how to build a global portfolio. Lyn teaches us how we can determine the most attractive equity markets, how to identify red flags, and how we can protect ourselves against inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro
Alphabet Inc. (GOOG, and GOOGL) is a holding company and parent of Google. The company provides software and Internet-related services including web browsing and search, cloud computing, streaming entertainment, and mobile operating systems, among others. The parent also is involved on a broad array of businesses, including cloud computing, software and hardware, advertising services, and mobile
In this article ENPH GE MGM The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in midday trading. MGM Resorts — Shares of MGM Resorts jumped nearly 7% after Credit
Since the listing of Skillz (NASDAQ:SLKZ) stock in December 2020, there has hardly been any reason for investors to rejoice. After touching highs of $46.30 in February 2021, SKLZ stock has been in a sustained downtrend. Source: NYCStock / Shutterstock.com Of course, there are multiple reasons to be worried. However, even without these factors, SKLZ
On Oct. 5, InvestorPlace’s Louis Navellier argued that Ocugen (NASDAQ:OCGN) stock needs a catalyst for it to break free. Source: shutterstock.com/PhotobyTawat One day earlier, Ocugen appeared to get not one but two catalysts, according to a regulatory filing. As a result, OCGN stock even traded 11% higher in pre-market Oct. 5 trading. Yet by the end
Did you see solar stocks on Monday? This particular green sector went parabolic! While the S&P 500 dropped 0.7%, the entire Invesco Solar Portfolio ETF (NYSEARCA:TAN) posted a very impressive 3.6% gain (plus a 0.7% after-hours pop), paced by a 10% gain in Daqo Energy (NYSE:DQ) and a 9% gain in SunPower (NASDAQ:SPWR). The catalyst?
Shares of Plug Power charged higher to a sixth straight gain on Tuesday, ahead of the hydrogen and fuel cell systems company’s much-anticipated annual symposium later this week. Analyst Christopher Souther at B. Riley said he believes the symposium, to be held virtually on Oct. 14, will be key for gauging the company’s long-term potential.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Wednesday Here’s what Wall Street expects: Earnings: $3 per share,
What Is a Monopolistic Market? A monopolistic market is a market structure with the characteristics of a pure monopoly. A monopoly exists when one supplier provides a particular good or service to many consumers. In a monopolistic market, the monopoly, or dominant, company exerts control over the market, enabling it to set the price and supply. Key Takeaways Monopolistic markets exist
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Consumer inflation is expected to have flared higher in September, at the same rapid pace as August, and economists say there will likely be more hot numbers to follow. Economists expect
At just under $5 per share, ContextLogic (NASDAQ:WISH) is technically in penny-stock territory. Worse yet, WISH stock has many of the negative traits usually exhibited by penny stocks. For example, ContextLogic’s financial results are poor, and its prospects are murky. Source: sdx15 / Shutterstock.com Consequently, very few investors are holding their breath waiting for the company
Telecommunications giant AT&T (NYSE:T) should be a darling of the markets, but it’s not. For the past five months, T stock has been “dead money,” temporarily robbing investors of their wealth. Source: Shutterstock In my view, AT&T is a company with staying power and global recognition, which deserves better treatment by Wall Street. The shares of
To put it succinctly, there isn’t very much making Lemonade (NYSE:LMND) stock attractive at present. Source: Stephanie L Sanchez / Shutterstock.com Yes, there’s news that the insurance company is launching a new service for pets. That will expand the company’s product mix beyond life, homeowners, and renters insurance. And Lemonade already announced a car insurance
DatChat (NASDAQ:DATS) is a private messaging application company with little going for it — aside from the cash it raised at its Aug. 13 initial public offering (IPO). DatChat raised $11.04 million according to its most recent prospectus. Somehow, DATS stock now has a market value of about $220 million, according to Yahoo! Finance. Source:
The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. Walmart, the employer of more than 1.6 million workers in the nation, has long been urged to improve conditions and pay for the many hourly workers at its stores. The latest call comes from a
Spacecraft commander Jared Isaacman speaks into a microphone as he peers out the cupola window. Inspiration4 The historic Inspiration4 mission, launched and operated by Elon Musk’s SpaceX, returned safely from orbit last month. CNBC spoke to the mission’s commander and benefactor Jared Isaacman about the experience. He spent three days in SpaceX’s Crew Dragon capsule