The travel and tourism industry might not have seen momentum in 2020, but the space industry has certainly gained traction this year. Despite the pandemic, the space industry witnessed an exciting period and is poised for a lot of action in 2021. Virgin Galactic (NYSE:SPCE) focuses on space tourism, and the stock has enjoyed strong
Evor-Lite site. Source: Eavor Technologies Canada-based geothermal company Eavor Technologies on Tuesday announced a $40 million funding round that included participation from BP Ventures and Chevron Technology Ventures as big oil companies increase investments in renewable energy. Geothermal power is renewable energy produced from underground heat. The U.S. Department of Energy calls geothermal a “vital
A highway is closed due to snow and ice in Houston, Texas, on Feb. 15, 2021. Chengyue Lao | Xinhua News Agency | Getty Images The Texas winter storm is expected to push gasoline prices up across the U.S. by about 10 cents per gallon within the next couple of days. That follows a five-cent
Today you’re going to learn what a put option is, when do people use it and why you may want to purchase a put option. What is a put option? When you’re buying a put, it means you’re looking for the stock to go down, which means you have a slightly bearish outlook. If you’re
Since the 19th century (or maybe the beginning of time), men and women have not been paid equitably for their work. Although there has been some progress toward closing the gender wage gap in the United States since the passage of laws, the results haven’t been equally felt by all women. The intersectionality between America’s
Is the stock market a casino? As a financial analyst, I believe that the stock market is not what a casino represents. The common factor is risk. But in a casino, you simply make bets, have no expectations but simply want to have fun, and the odds of losing your money are close to 100%.
On Jan. 20th, Hims & Hers Health (NYSE:HIMS) announced that it will begin trading on the New York Stock Exchange as HIMS stock. How? Well, the company did this by using a Special Purpose Acquisition Company (SPAC). That is, there was a merger into the shell company Oaktree Acquisition Corp. Source: Lori Butcher / Shutterstock.com
There’s no doubt that the headline tech stocks have been guiding this market to new highs. The big ones are in all the major indexes for this very reason. Are tech stocks really deserving of a place in the Dow Jones Industrial Average, when most don’t even build the goods they sell in the U.S.?
First-time claims for unemployment insurance totaled 793,000 last week as declining Covid-19 cases provided little relief for the jobs market. The total for the week ended Feb. 6 was above the 760,000 forecast from economists surveyed by Dow Jones but a slight decrease from the previous week’s upwardly revised total of 812,000. The pandemic era
Long ago, in the dawn of the Internet age, pirates ruled the digital waves and music-lovers found, to their delight, that anything could be downloaded for free. Sales of recorded music crashed. Every musician was playing the blues. Those days are over, but the road to a business model that works for Internet companies, music
TransEnterix (NYSE:TRXC), which develops robots used in surgeries, has a chance to become a great company. Unfortunately, the medical-device maker’s relative weakness in the U.S., its tough competition and its low revenue prevent me from recommending TRXC stock at this time. Source: Phonlamai Photo / Shutterstock.com TransEnterix has developed a few revenue-generating niches that let
The blowout rally in Bitcoin (CCC:BTC-USD) continues. As I write this, the best-known and most-valuable cryptocurrency trades above $47,000, down modestly from an all-time high set on Thursday morning. Source: Shutterstock Bitcoin now has roughly tripled since November, and rallied more than 50% this year. And the optimism makes some sense. Notably, corporations are increasingly
Semiconductor stocks saw massive capital inflows last week as many jumped to record highs. With fresh strength taking the industry, now is a perfect time to hunt for opportunities. While some constituents have run beyond low-risk entry points, others still sit at attractive buy areas. We’ve seen increased attention on the worldwide shortage of chips.
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. The custody bank will eventually allow digital currencies to pass through the same financial network it currently uses for
How the Banana Republic Credit Card Works If you’re a frequent shopper at Banana Republic, you’ve probably been informed about the store’s credit card at the checkout counter or seen advertisements for the credit card online, along with a promise of a discount on the day’s purchases. Banana Republic actually offers two credit cards: The
There are really not a lot of secrets in stocks anymore. At one time, a company like Foresight Autonomous (NASDAQ:FRSX) may have traded under the radar. But that’s not the case in 2021; the company is well-known by the trading community and FRSX stock has delivered the gains to prove it. Source: Olivier Le Moal
With meme stocks, meme culture has finally hit Wall Street. What’s a meme stock? In short, a stock, popular with millennial-aged retail traders, that trades more on hype than its underlying fundamentals. This hype could be generated on Reddit’s WallStreetBets forum. It could also come from social media platforms like Twitter (NYSE:TWTR), or StockTwits. Meme
Solar stocks have been popping recently and for good reason. According to the International Energy Agency, in the next 10 years solar output will create a surge in the renewable power supply. A report by Wood Mackenzie also estimates that solar energy will become the cheapest form of U.S. power by fiscal year 2030. Given
A bitcoin ATM is seen inside the Big Apple Tobacco Shop on February 08, 2021 in New York. Michael M. Santiago | Getty Images Pressure is building on Wall Street banks to accept bitcoin as a legitimate asset class – and it’s coming from within, CNBC has learned. Last month, during a town hall meeting
How the Shell Fuel Reward Card Works Royal Dutch Shell, also known simply as Shell, is one of the oldest and most recognizable brands in the world. The company was established in 1897 as the Shell Transport and Trading company and sold kerosene to customers in Asia. The company operates in 70 countries globally and produces more