Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Check out the companies making headlines after the bell on Monday: Zoom Video – Zoom stock fell 1.3% after The Wall Street Journal reported that founder Eric Yuan transferred roughly 40% of
Amazon.com, Inc. is a global leader in e-commerce and cloud computing, and one of the largest companies in the world. Amazon is listed on the Nasdaq exchange under the ticker symbol, AMZN. The company was launched by founder Jeff Bezos in 1994 as an online bookstore, but has since ballooned into the world’s largest e-commerce company that sells virtually everything, including
Speculators are slowly losing interest in Inovio Pharmaceuticals (NASDAQ:INO). Excluding the spike to over $30.00 last June 2020 on strong volume, INO stock headed mostly lower. It spent most of the last year trading at around $10.00. Source: Shutterstock Biotechnology investors spent most of their time betting on the winning Covid-19 vaccine suppliers: BioNTech (NASDAQ:BNTX)
With oil prices rapidly rising and Tesla (NASDAQ:TSLA) weakening, Chargepoint’s (NYSE:CHPT) outlook has improved. As a result, after its recent pullback, CHPT stock looks even more attractive for long-term investors than in previous months. Source: David Tonelson / Shutterstock.com Meanwhile, I believe that Chargepoint could easily become a takeover target and that the company could
One of the best healthcare companies in the industry, Johnson & Johnson (NYSE:JNJ), is recently in the news after its Covid-19 vaccine received an emergency authorization in the U.S. The company is now set to deliver 100 million doses by the end of June. JNJ stock may not have had the best couple of years,
Bitcoin and other cryptocurrencies could eventually become part of the recommended portfolio for everyday investors, Ark Invest’s Cathie Wood said Monday. Wood, whose star as an investor rose dramatically last year thanks to the strong performance of her flagship Ark Innovation ETF, said on CNBC’s “Closing Bell” that she believes volatile cryptocurrencies will eventually resemble
Take a look at some of the biggest movers in the premarket: Apollo Global (APO), Athene (ATH) – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%. McAfee (MCFE)
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If you are taking a protected leave of absence from work under the Family and Medical Leave Act (FMLA), you may need to fill out FMLA forms to satisfy your employer’s requirements. The act was signed into law by President Clinton in February 1993. It requires that certain employers allow eligible employees access to unpaid time
In theory, I understand the allure of investing in a downtrodden company such as United Airlines (NASDAQ:UAL) stock. But in this case, I just don’t agree with it. Source: NextNewMedia / Shutterstock.com The conventional thought for people who chase depressed names is that there’s no better time to buy a stock than when it’s at
A global shortage of semiconductors is causing havoc around the world, particularly for automotive manufacturers and their shareholders. Volkswagen (ETR:VOW3), Toyota (NYSE:TM) and many other automakers have been forced to suspend production in the U.S., Europe and Asia due to a shortage of microchips that power everything from vehicle navigation systems to safety features such
Riot Blockchain (NASDAQ:RIOT) is a $3.6 billion market cap Bitcoin (CCC:BTC-USD) mining company based in Castle Rock, Colorado. For all intents and purposes, RIOT stock is a play for investors on Bitcoin’s rise without having to buy the cryptocurrency. Source: Shutterstock That means investors will ride the ups and downs in Riot, more or less
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images The hedge fund at the center of the GameStop saga gained more than 20% in February, clawing back some of its losses from
Take a look at some of the biggest movers in the premarket: Lyft (LYFT) – The ride-hailing company said that last week saw the highest level of ride volume since the pandemic took hold last March. As a result, Lyft expects to report a smaller quarterly loss than it had previously projected. Lyft shares jumped
With all the talk about stimulus checks since the passage of the CARES Act, you probably want to know when yours will come and what you can do to make the process go faster. The information below will help you know what, if anything, you need to do. Key Takeaways New deadlines for non-filers and
By all accounts, airline stocks had a pretty bad 2020. The novel coronavirus pandemic hit every sector hard. But the airline industry suffered the most at the hands of the virus. There were already several companies with debt-laden balance sheets. And then demand started plummeting. It was a perfect storm that no one saw coming.
The largest cannabis company in the world by market capitalization, Canopy Growth (NASDAQ:CGC) has been on a bumpy ride this past month. Since hitting a high of $56.50 a month ago, CGC stock is down to $30. Source: Shutterstock Despite recent periodic short-term gains, it appears CGC stock has lost some momentum over the past month.
Hyliion (NYSE:HYLN) is one of the dark horses in the electric vehicle (EV) manufacturing sector. After a blockbuster debut in July last year, when the stock rose close to 5x in a short number of months, HYLN stock came crashing back down to earth. Source: Shutterstock As I write this, HYLN stock has lost close
Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion in 2020, and as activist investors push for change. “We’re going to continue to return cash to shareholders through a very strong dividend,” Woods said Thursday on CNBC’s “Squawk Box.” He noted that 2020 was
Take a look at some of the biggest movers in the premarket: Okta (OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0 for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared to consensus forecasts