“America is an idea … It instills in every person in this country the belief that no matter where you start in life, there’s nothing you can’t achieve if you work at it.” Joseph R. Biden, April 25, 2019 On Jan. 20, 2021, Joseph Robinette Biden Jr., known to most people as Joe Biden or
FuboTV’s (NYSE:FUBO) value for most consumers is questionable, making the longer-term outlook of FUBO stock appear to be negative. Source: Lori Butcher/ShutterStock.com fuboTV has two main problems. First, it does not appear to be meaningfully cheaper than traditional paid TV options, including cable satellite, and Fios from Verizon (NYSE:VZ) or Frontier (OTC:FTRCQ). Secondly, Fubo’s biggest
Carrying the momentum of the special purpose acquisition company (SPAC) into 2021, Newborn Acquisition Corp. (NASDAQ:NBAC) is the latest such vehicle to draw considerable investor interest. Assuming the merger goes through, Newborn will become Nuvve Corporation, an innovative firm that specializes in vehicle-to-grid (V2G) technology that can potentially bring electric vehicles (EVs) into the mainstream.
Back in 2011, Morgan Stanley’s head auto analyst Adam Jonas made a bold call which made many other analysts on Wall Street chuckle. He said that the nascent and largely unproven electric vehicle market – which, at the time, accounted for less than 0.1% of global passenger car sales – was going to explode higher
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appreciation. But they’re not looking for just any dividend stocks. Income investors typically want to buy high-yielding, reliable stocks. And while the dividend yield is certainly an important consideration, investors can also
Janet Yellen’s journey to become the first female Treasury secretary in U.S. history moved smoothly through a critical Senate hearing Tuesday, with a vote on her confirmation likely to happen before the end of the week. An audience of mostly friendly legislators questioned Yellen across a variety of topics, from taxation to China to climate
A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell: Netflix — Shares of the media streaming giant soared more than 10% in extended trading after the company reported strong subscriber growth and said it’s considering
According to general equilibrium models in contemporary macroeconomics, expansionary fiscal policy could cause crowding out of private activity in the credit market. This argument also flows the other way: Contractionary policy could allow for increased private activity in the credit market. This phenomenon is sometimes referred to in the literature as “crowding in.” Understanding Contractionary Fiscal
After a late-session dip on Thursday, equity markets struggled in early Friday trading ahead of the long holiday weekend, as the U.S. stock market was closed on Monday. Let’s look at a few top stock trades ahead of next week. Top Stock Trades for Tuesday No. 1: Nio (NIO) Nio (NYSE:NIO) has had a busy
With the outlook of QuantumScape’s (NYSE:QS) batteries becoming more uncertain and risky, I recommend that investors sell QS stock. At their current levels, the shares have a negative risk-reward ratio. Source: Shutterstock The company is developing solid-state batteries for use in electric vehicles. Currently, most EVs use lithium-ion batteries. In the last few weeks, an
After showing a triple-digit return in 2020, is it reasonable to expect even more gains from PayPal (NASDAQ:PYPL) in 2021? Where is the top for PayPal stock? Source: JHVEPhoto / Shutterstock.com The payments processor had a huge year last year, giving investors a 115% return as the novel coronavirus accelerated the trend of online retail
In September 2020, ChargePoint, a privately-held electric vehicle (EV) charging network group, and Switchback Energy Acquisition (NYSE:SBE) ,a publicly-traded special purpose acquisition company (SPAC), announced their upcoming reverse merger. Since then, SBE stock has been been on fire. Source: Michael Vi / Shutterstock.com On Sept. 24, the day of the merger announcement, SBE stock opened at
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported fourth-quarter earnings before the opening bell on Tuesday. Here are the numbers: Earnings: $12.08 a share, vs. $7.47 per share expected, according to Refinitiv.Revenue: $11.74 billion, vs. $9.9 billion estimate. Expectations
There are multiple ways to define the popularity of companies. Market capitalization measures the market value of a publicly traded company and is a proxy for popularity. Major auto manufacturers can be ranked by revenue or unit sales, both of which are published in quarterly and annual reports. Volkswagen Volkswagen AG, founded in 1937, is
ContextLogic(NASDAQ:WISH), which owns and operates the Wish discount e-commerce site has multiple problems that make WISH stock a sell for now. However, I think the company and its niche are somewhat promising, so the shares could be worth buying at some point in the future. Source: sdx15 / Shutterstock.com In addition to slowing growth, eroding profitability, and
With the world still in the throes of the coronavirus pandemic, digital payment apps like PayPal (NASDAQ:PYPL) continue to remain a key trend this year. As physical stores shuttered across the globe in March 2020, people increasingly turned to digital apps as a means to pay for goods and services. This resulted in some impressive
Airbnb (NASDAQ:ABNB) continues to climb, thanks to the general “melt-up” of the stock market. Starting 2021 trading for around $139 per share, Airbnb stock is at $170 per share. Source: BigTunaOnline / Shutterstock.com But, while investors remain enthusiastic about this company, chasing its recent rally may not be the best move. Why? First, valuation. Shares
What Is Risk Management Framework (RMF)? All companies face risk; without risk, rewards are less likely. The flip side of this is that too much risk can lead to business failure. Risk management allows a balance to be struck between taking risks and reducing them. Effective risk management can add value to any organization. In particular,
What lies ahead for Carnival (NYSE:CCL) stock? The cruise-line operator remains in limbo, as the Covid-19 pandemic continues. On Jan. 6, the company announced that it was extending the moratorium on cruise ships sailing from the U.S. until March 31. Source: Ruth Peterkin / Shutterstock.com Back in November, Carnival’s shares rallied on game-changing vaccine news.
Gun stocks got several boosts in 2020 and the start of 2021 looks no different. Historically, consumers purchase more guns on concerns that they’ll lose gun rights because of Democratic leadership. But how can investors measure that concern? A great proxy for the strength of the gun market — and by extension gun stocks —