QuantumScape (NYSE:QS) stock doesn’t rise and fall. It gyrates as if it were dancing in a darkly lit nightclub after having a few too many cocktails. Source: Tada Images / Shutterstock.com While the world suffered through 2020, QuantumScape stock went on a tear in the fourth quarter, gaining more than 600%. Then QuantumScape gave back
Auto stocks have been all the rage in the past year. In fact, electric vehicle stocks have performed so staggeringly well that many experts believe they entered bubble territory long ago. There is clearly a major investing opportunity in next-generation auto technology. But investors are right to be skeptical of stocks like Tesla (NASDAQ:TSLA) and
Ocugen (NASDAQ:OCGN) is a biotech firm that is trying to stay relevant with its latest partnership with an Indian Covid-19 vaccine developer, Bharat Biotech. OCGN stock has risen from well below $1.00 per share at the end of last year to $2.23, as of Jan. 20. Source: Shutterstock The problem is this is a very
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We highlight the best performing ARK ETFs.
A Starlink user terminal attached to the roof of a building. SpaceX SpaceX has launched more than 1,000 of its Starlink high-speed internet satellites to date and, as it seeks regulatory approval in other countries, Elon Musk’s company is now offering early public access to the service in Canada and the U.K. “Earlier this month
Traders work on the floor of the NYSE. NYSE Stock trading volumes are through the roof. It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well. “For trading volumes, the new year starts at a consistent, unprecedented strong & record pace,” according to
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM reported quarterly profit of $2.07 per share, beating the $1.79 a share consensus estimate. Revenue missed Wall Street forecasts, however, as software sales posted a decline as pandemic-induced uncertainty kept some customers from striking long-term deals. The shares dropped
When interest rates are low, there’s usually a big rush to refinance mortgages. But some homeowners hold back on scoring a lower interest rate because of the cost of refinancing. Realizing the savings from refinancing generally means staying in a home long enough to recoup the money spent on closing costs. But there’s a silver
Recently, two prominent Wall Street firms soured on Palantir Technologies (NYSE:PLTR). What’s more, there is an additional red flag that’s come up in my analysis aof the company. As such, I continue to recommend that longer-term investors sell their shares of PLTR stock. Source: rblfmr / Shutterstock.com Over the last month, Citi and Credit Suisse
After the meteoric jump of Lemonade (NYSE:LMND) stock in December and earlier this month, many bears are piling on the name, declaring that the shares are overvalued and overbought. Source: Stephanie L Sanchez / Shutterstock.com I, however, continue to remain upbeat about the company’s outlook, as the positive points about Lemonade that I discussed in
We all can’t wait for the day when life gets “back to normal” and the COVID-19 pandemic behind us. Source: Shutterstock But back to normal won’t mean “back to the way it was before.” One of the biggest lessons we’ve learned over the past year is that access to fast, reliable internet service isn’t just
Billionaire global investor Barry Sternlicht said Thursday he’s concerned about the long-term viability of current conditions in the stock market, warning that some aspects feel reminiscent of the dot-com bubble back in the 1990s. “I don’t think we’re having a problem in the stock market near term,” Sternlicht said on “Squawk Box.” “The stimulus is
Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: IBM — Shares of IBM fell more than 6% in the extended session after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% on an annualized basis, the
During the election campaign, President Joe Biden proposed a tax plan that departs significantly from the policies and major tax reductions enacted during the Trump presidency. The Biden plan would increase tax rates for individuals whose incomes are $400,000 and higher as well as for corporations which also would be subject to a new minimum tax
Zomedica Pharmaceuticals (NYSEMKT:ZOM) stock is the latest pump-and-dump looking to take investors for a ride. Don’t let its 342% rally since Jan. 4 cloud your judgment. Those who got in early and bought back when ZOM stock was changing hands at 23 cents per share are sitting pretty. But those who got in at $1
While it seems like the future of entertainment lies in the hands of streaming platforms, companies like FUBO (NYSE:FUBO) are proof that cable isn’t completely dead. Known for their exorbitant prices, many have made the switch from cable to on-demand platforms like Netflix (NASDAQ:NFLX) in an effort to cut their monthly bills. Source: Lori Butcher/ShutterStock.com
If the inauguration of Joe Biden means Infrastructure Week is finally here, then take a look at American Water Works (NYSE:AWK). AWK stock could have an interesting four years ahead of it. Source: Shutterstock American Water Works is the most valuable company in Camden, N.J. It has twice the market cap of better-known Campbell Soup
FuelCell Energy (NASDAQ:FCEL) has had a remarkable three-month run. Trading near $100 just five years ago, FuelCell plummeted to penny stock status in 2019. For most of 2020, FCEL stock was trading below $3. But last November, with Joe Biden elected President on a Green New Deal platform, shares in this fuel cell power plant company