This has been the year of the meme stock. Investing-focused ,online communities have flipped the script, going against virtually every norm of conventional investing. One darling of these retail investors, Support.com (NASDAQ:SPRT), has attracted a high level of short interest in the past couple of months. SPRT stock, however, is remarkably overpriced, and it’s primarily
The number of robotics and automation companies has increased dramatically in recent decades as corporations seek to produce goods and services more efficiently, often replacing more expensive human employees in the process. More recently, the urgency to automate in order to cut labor costs has accelerated due to a currently tight labor market that is
In the 1980s, the field of genetics surged in popularity. At the time, I’m sure there were many articles promising investors that genetics stocks were on the cusp of spectacular gains. Investors who were looking for short-term payoffs then were disappointed, but now, gene editing stocks look far more promising. Researching the genetic origin behind
Shares of Dutch Bros., a Grants Pass, Ore.-based purveyor of coffee and other hot and cold drinks, soared 60% soon after they began trading on Wednesday in their first session as a public company. The stock, which is trading on the New York Stock Exchange under the ticker “BROS,” opened 41% above the $23 IPO
Acorns president David Hijirida Courtesy: Mo Osborne | Acorns Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as a public company, CNBC has learned. The company is set to announce Wednesday that it named David Hijirida as president, according to
Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle reported quarterly earnings of $1.03 per share, 6 cents a share above consensus estimates. The business software giant’s revenue fell short of forecasts, however, amid increasing cloud computing competition. Oracle fell 2.5% in the premarket. Angi (ANGI) – Angi
Just because we hit retirement, doesn’t mean we’re making a total shift to bonds. There are still stocks to buy that are both interesting and profitable. But more times than not, investors at that stage are looking for some income. That involves a lot more than just screening dividend stocks and sorting by yield. Investors
For those investors seeking income along with their capital appreciation, the SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) gives you some ideas about where to look for dividend stocks to buy. The exchange-traded fund tracks the performance of the S&P 500 High Dividend index, a collection of 80 companies held within the S&P 500
The stock of leading Chinese technology firm Alibaba (NYSE:BABA) is so beaten down that it’s starting to resemble a Greek tragedy. Source: Kevin Chen Photography / Shutterstock.com At $162.86 per share at the start of Sept. 14, BABA stock is nearly 50% below its 52-week high of $319.32 reached just before Halloween last year. Since
Hotels vs. Airbnb in NYC: An Overview? When you visit NYC, you can choose between staying in a hotel or an Airbnb, and there are pros and cons for each. In New York City, there are hundreds of hotels to choose from, and as of September 2021, over 36,000 Airbnb rentals – both rooms to
The story of Hippo Holdings (NYSE:HIPO) stock had an inauspicious beginning. The homeowners insurance provider emerged from a special purpose acquisition company (SPAC) deal that soured in the eleventh hour. Now, investors are wondering if HIPO stock is worth a buy. Source: MIND AND I / Shutterstock.com InvestorPlace’s own Robert Lakin did an excellent job
Dear Quentin, My parents divorced when I was very young due to my father being a physically and emotionally abusive alcoholic and drug addict. Although my brother and I spent sporadic weekends with him when we were in elementary school, I stopped visiting him during my middle-school years, and cut off all contact when I
Marc Lasry, co-founder and chief executive officer of Avenue Capital Group. Adam Jeffery | CNBC Marc Lasry, who makes his living by investing in distressed companies, thinks the U.S. is potentially heading for that status itself. Though he’s not sure of the timing and doesn’t expect major problems to happen anytime soon, the billionaire head
In this article LUV HLF GE ORCL An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle – The tech company’s shares slid 3.7% after Oracle’s first-quarter revenue missed expectations. The company reported sales
Baidu (NASDAQ:BIDU) is a $57.3 billion Chinese artificial intelligence (AI) and internet search company whose latest results show it is a free cash flow (FCF) powerhouse. The market is definitely overlooking BIDU stock, and it deserves to have a much higher valuation. Source: StreetVJ / Shutterstock.com So far this year, BIDU stock has dipped more
Exxon Mobil (NYSE:XOM) stock seems attractive after some consolidation over the last six months. Source: Jonathan Weiss / Shutterstock.com The Delta variant of Covid-19 has translated into some uncertainty related to global GDP growth acceleration. However, vaccinations continue to provide hope and it seems likely that the world will crawl back to normalcy. Several stocks
Solar stocks are having a lackluster year so far. There are several reasons why they have witnessed a significant correction, and these headwinds won’t be fading anytime soon. Higher costs due to rising polysilicon prices have severely impacted solar energy companies. The pandemic also disrupted supply chains, which increased transportation costs as a result. Moreover,
The Asia Pacific accounted for 8.4% of the world’s oil production in 2020. The region was led by China and India, China being the world’s fifth-largest oil-producing nation. In recent years, Asia’s share of world oil production has been on a slow but steady decline, though Asia accounts for 77% of world oil demand growth
BlackBerry (NYSE:BB) has been one of the year’s more surprising meme stocks. Shares shot up from $7 to $30 at one point on Reddit enthusiasm and a gigantic short squeeze. BB stock quickly retreated back to $9. However, it popped once again in June, spiking to $15. Now, though, the stock has slumped once again
Apple Inc. detailed new iPhones, iPads and smartwatches Tuesday as the most valuable U.S. public company attempts to focus on the coming holiday season instead of its regulatory issues. Apple AAPL, -1.49% typically reveals its new lineup of devices every September, ahead of holiday shopping. In this year’s event at the company’s Cupertino, Calif., campus,