Tesla (NASDAQ:TSLA) has been stuck in a relatively tight trading range in recent months, mostly hovering around the high $500’s or mid $600’s range. Let’s review why TSLA stock may be one of the worse investments in the world at this time – and not regain its recent highs for quite some time. Source: Sheila
Uber Technologies Inc. shares fell more than 4.5% in extended trading Wednesday after a report that SoftBank Group Corp. is selling about a third of its stake in the company. Citing people familiar with the matter, CNBC reported that SoftBank 9984, -4.84% is selling 45 million shares in Uber UBER, +0.70% to cover about $4
From time to time, I find myself perplexed about an opinion I formed on a particular stock. And so I wonder what I was thinking in early June when I lumped The Trade Desk (NASDAQ:TTD) stock in with other bubble stocks? Source: Tada Images / Shutterstock.com In fairness, TTD stock is up 166% since January 2020 making it a pandemic
In this article UPS Tournament employees work to squeegee the court after rain delays a match between Kim Clijsters and Sloane Stephens during the Truist Atlanta Open at Atlantic Station on July 26, 2021 in Atlanta, Georgia. Casey Sykes | Getty Images Shares of logistics company UPS fell sharply on Tuesday after the company’s second-quarter
Traders on the floor of the New York Stock Exchange. Source: NYSE The latest volatility in China – with regulators in Beijing attempting to reign in several sectors of the Chinese economy – is only the latest blow for international investors. “The invest in China mantra has always been based on the idea that China
Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters When the Fed emerges from its July meeting, it may sound a bit more prone to keeping its ultra-easy policy in place
It’s been a wild month for investors in the company formerly known as Torchlight Energy. Torchlight traded as TRCH stock and sought to develop its Hazel property into a major oil play. Source: FreezeFrames / Shutterstock.com However, Hazel didn’t end up striking it rich, and Torchlight looked to exit the oil and gas business. Instead,
Key Takeaways Apple’s services revenue surpassed analyst estimates. Profit margins on the company’s services revenue are much larger than on revenue generated through product sales. iPhone sales rose 49.8% compared to the year-ago quarter. Apple Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction EPS Beat $1.30 $1.01 Revenue Beat $81.4B $73.5B Services Revenue Beat $17.5B
It’s an old joke: Call me a taxi. OK, you’re a taxi. (rimshot) But what’s not a taxi? Uber Technologies (NYSE:UBER). Today’s Uber is a different beast from the ride-hailing firm that first offered stock on the New York Stock Exchange at $42 a share in May 2019. Source: TY Lim / Shutterstock.com More than
In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter. Carl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn’t have issues with any of these tech giants. But he wonders
On today’s show, our mastermind group talks about four different stock ideas that might outperform the market. IN THIS EPISODE, YOU’LL LEARN: – What is the intrinsic value of Biogen, GrafTech, Allstate, and i3 Verticals – If Mohnish Pabrai’s newest stock pick GrafTech is a good investment – Why you would want to buy a
As we continue to navigate another wild year, one sector that continues to thrive are electric vehicles (EVs). That said, this space shows no signs of slowing down — and that provides a solid outlook for battery stocks. Deloitte estimates suggest that the EV industry will grow at a CAGR of 29% through 2030. That
Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images The boss of cryptocurrency exchange Binance says he’s willing to step down from his role as the company seeks to become a regulated financial institution. Speaking at a virtual press
In this article TDOC SBUX GOOGL AAPL The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines Tuesday after the bell: Alphabet — Google-parent Alphabet saw its shares jump about 3% after a blowout quarterly earnings report. The technology
Investors can put the odds of long-term success in their favor in a variety of ways. One way is to buy high-quality dividend stocks such as Dividend Aristocrats, with reliable earnings and solid yields. Another is to combine those high-quality companies with mega-trends that are favorable for long-term growth — like healthcare stocks. In this
Torchlight Energy Resources and TRCH stock are now history. How so? Well, the company recently merged with Metamaterials to form the new Meta Materials (NASDAQ:MMAT) stock. Source: Shutterstock However, it’s not as simple as that. Rather, TRCH stock has made a lot of news lately and moved way too fast. Further, the mix of news
Although a Simplified Employee Pension (SEP, or SEP-IRA) and a SIMPLE IRA have similarities, distinct differences set them apart from one another. Both are employer-sponsored plans that provide employees a tax-advantaged way to save for retirement. Contributions grow tax-deferred until they are withdrawn in retirement. As their names imply, each is designed to be easily
Guardian Fund, a Dutch-based investment fund, had good things to say about Palantir Technologies (NYSE:PLTR) in its first-quarter 2021 report. The fund believes Palantir is “one of the more important global software companies.” Additionally, it noted the company has invested more than $200 million in eight companies that could pay big dividends in the future.
Intel Corp. promised to fight Advanced Micro Devices Inc. for the crucial data-center market, but AMD Chief Executive Lisa Su isn’t scared. “We will fight for every socket,” Su said on AMD’s AMD, -0.86% earnings call Tuesday, mimicking Intel INTC, -2.08% CEO Pat Gelsinger’s promise “to fight for every socket in the market,” made three
After American Airlines (NASDAQ:AAL) reported strong second-quarter results on July 22 and made very positive comments about its outlook, I recommend that investors buy AAL stock. Source: GagliardiPhotography / Shutterstock.com Because concerns about the Delta variant leading to new lockdowns or a significant curtailment of airline travel are way overdone. American’s financial results should continue