People who can do their jobs remotely fled U.S. cities during the pandemic, and the low-skill workers who were left behind bore the brunt of the economic fallout — but that trend came with a silver lining. Those are the findings of a recent working paper on “The Geography of Remote Work” circulated by the
In this article RKLB An Electron rocket gets ready to launch. Rocket Lab Rocket Lab signed a five-launch contract with European satellite data company Kinéis, in a deal that adds to the space company’s backlog. Kinéis is building an Internet of Things connectivity constellation with 25 satellites, all of which will be launched to orbit
In this article WFC BHC-CA ENDP AFRM 7203.T-JP NLSN Check out the companies making headlines before the bell: Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued a positive outlook as well. Toyota Motor
While the term “technology” often brings to mind the broader digitalization movement, tech actually has the most potential in healthcare. Thanks to groundbreaking innovations, we now know much more about the human body and how various diseases work. So, in time, we will likely transition from preventative measures to more remedial solutions. That bolsters the
Investors are told not to make emotional decisions. Yet, I’ve noticed plenty of emotion regarding the fortunes of AT&T (NYSE:T). As you may imagine, investors have not been pleased as T stock continues to drop nearly six weeks after the company reported earnings. Source: Roman Tiraspolsky / Shutterstock.com It’s been well documented that AT&T made
As the old saying goes, it’s just as important to know what stocks to sell (or not buy) as it is to know what to buy. And many would say it’s more important to know what to avoid or get rid of, because it can cost you even more than holding a non-performer. The stocks
Credit Reports vs. Investigative Consumer Reports: An Overview Investigative consumer reports receive a lot less notoriety than consumer credit reports, probably because you are far more likely to have your credit report pulled than to have a full-blown investigative consumer report performed about you. There are some major similarities between these two types of reports;
Earlier this year, investors piled into economic reopening and travel stock names. This made sense. The media was playing up the “Roaring 20s” narrative as it was hoped that rapid vaccination rates and a surging economy would lead to a summer of vacations, partying, and pent-up enthusiasm. Ashford Hospitality Trust (NYSE:AHT) stock was one such
Corn futures turned higher Friday, finding support a day after settling at the lowest since January, as USDA lifted its U.S. production forecast, but also raised demand expectations for the commodity. In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its outlook on 2021/2022 U.S. corn production by 246 million bushels
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America CEO Brian Moynihan announced the most sweeping management overhaul of his 12-year tenure atop the giant financial institution. In a memo distributed to employees on Friday, Moynihan named
On the floor, a trader comforts another during a moment of silence on September 17, 2001. David L Ryan | Boston Globe | Getty Images As we reflect on the 20th anniversary of 9/11 and on the friends and family no longer with us, it’s important to remember that disaster was followed by one of
In this article DVN RRC COG AR LNG Flames from a flaring pit near a well in the Bakken Oil Field. The primary component of natural gas is methane, which is odorless when it comes directly out of the gas well. In addition to methane, natural gas typically contains other hydrocarbons such as ethane, propane,
Roku’s (NASDAQ:ROKU) growth outlook remains extremely strong. And that means the recent, unwarranted downturn of ROKU stock has created a great buying opportunity for longer-term investors. Source: Michael Vi / Shutterstock.com Over the last month, the shares have given back 13%. The downturn appears to have been driven by Roku’s weaker-than-expected Q2 user metrics. A
Not long ago, there’s wasn’t much to say about remote helpdesk provider Support.com (NASDAQ:SPRT). To be honest, SPRT stock largely flew under the radar with a relatively low daily trading volume. Source: Shutterstock That definitely changed in 2021. As we’ll see, meme stock mania took over this year and suddenly, Support.com was thrust into the spotlight.
Investors often hear about the importance of diversifying and how much money they should put into each stock or sector. These are all questions that can be applied to a money management system such as the Kelly Criterion, one of the many allocation techniques that can be used to manage money effectively. This system is
In a time when the streaming wars are running full-throttle, you might assume that entertainment content provider Eros STX Global (NYSE:ESGC) should be a darling of the markets. Yet, the price performance of ESGC stock hasn’t been stellar this year. Source: Shutterstock.com Just to provide some background, Eros STX Global specializes in delivering “star-driven premium content
Michael Lomonaco escaped with his life on Sept. 11, 2001 all because of a detour on his way to work and a pair of busted reading glasses. On that day, the New York City chef was headed to his job as culinary director of Windows on the World, the famed dining space at the World
In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. The payments giant said Thursday it entered into an agreement to
In this article MRNA SAM GME LULU LESL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading. Moderna — Shares of the drug maker rose more than 7% after announcing it’s developing a two-in-one vaccine
While the pandemic was a human tragedy, it spurred extreme interest in a few investment themes. Financial technology is one of those investors flocked to in droves. After the initial shock of a shutdown wore off, financial tech stocks took their place as ones to buy on the dip. The rallies for the sector ranged