Compass Pathways (NASDAQ:CMPS) has been beaten up lately. But the fundamentals are rapidly improving, making now a great time to buy this psychedelic stock. Source: Shutterstock CMPS and other companies championing psychedelic-based therapies are seeing legalization tailwinds grow rapidly. Many cities across the U.S. are in talks to decriminalize psilocybin, among other substances. Cities in
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By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in
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Booking Holdings Inc. exceeded $2 billion in quarterly sales for the first time since the beginning of the pandemic in a Wednesday earnings report, but losses exceeded expectations as the company waits for a stronger bounceback for travel amid the global pandemic. Booking BKNG, -2.51% reported second-quarter losses Wednesday of $167 million, or $4.08 a
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This may seem like a weird time to be recommending Exxon Mobil (NYSE:XOM) stock. Inflation expectations — and policymakers’ lack of clarity regarding plans to curb any potential inflation crisis — are discouraging investors. None of us can control the fact that central authorities are prioritizing per-capita GDP recovery while ignoring surging prices. Source: Jonathan
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The United States is arguably one of the most economically well-off places on the planet. The U.S. accounts for 30% of global wealth, or $126.3 trillion, according to Credit Suisse’s 2021 Global Wealth Databook. The second-largest repository, China, is responsible for 19%, or $74.9 trillion. This makes the U.S. the richest country on Earth, in
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With almost three-quarters of S&P 500 companies having reported earnings this season, it’s time to review the winners. Below is a screen showing 20 U.S. technology companies that appear to be firing on all cylinders, with improving sales, gross margins and operating margins. This quarterly earnings season, year-over-year comparisons of results for companies in many
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Skillz (NYSE:SKLZ) stock has been taking a beating, but underneath the weakness in share price, the operating fundamentals behind SKLZ are improving. More specifically, we’re huge fans of the company’s technological expansion. Source: Gorodenkoff / Shutterstock.com Skillz currently offers a variety of mostly casino-like games like Solitaire, 21 Blitz and pool, as well as some
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