Here we go again with Hertz (OTCMKTS:HTZGQ). Traders have made Hertz stock their plaything, and not for the first time. Source: aureliefrance / Shutterstock.com Indeed, Hertz declared bankruptcy back in late May. Stunningly, Hertz stock would soar to over $5 from under $1. That rally faded, but the stock jumped again in October, clearing $2
This pandemic has accelerated change in markets everywhere. And maybe nowhere is this truer than in the energy sector. For instance, Exxon Mobil (NYSE:XOM) has defined energy for decades, becoming one of the world’s most powerful companies. Now, though, XOM stock is faltering and oil isn’t the only energy option. In fact, demand for Exxon’s
A novel coronavirus vaccine was perhaps the most in-demand item throughout 2020. As the world eagerly awaits these vaccines, the market opportunity for the companies that produce them has proven exponential. In this case, even the third or fourth finisher has a lot to gain. Novavax (NASDAQ:NVAX) may not be at the top as a
Electric-vehicle stocks are on a bull run of epic proportions. In 2020, Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) stock, the two biggest players in the space, have soared 650% and 960%, respectively. Source: Sundry Photography / Shutterstock.com I have always been extremely bullish on Nio. At this stage, my only concern is its valuation because the
CNBC’s Jim Cramer on Tuesday urged Congress to move quickly and pass another piece of coronavirus stimulus legislation, suggesting key parts of the U.S. economy need help being sustained until there is a widely available Covid-19 vaccine. “We are so close to getting this economy back on track, but these places that close, they can’t
The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by about 30% in the first
401(k) vs. IRA: An Overview Saving for retirement is one of the most important financial goals that we need to achieve in our lifetime. The choice of which retirement savings account can help accomplish that goal. Whether it’s a 401(k) offered by an employer or an individual retirement account (IRA) that you established on your
When GameStop (NYSE:GME) reported earnings last week, options buyers were expecting a windfall from the dual PlayStation 5 and Xbox Series X release. Instead, all they got was dismay. Shares slid 20% even as the company reported less-than-expected losses. But don’t wait for a rebound in GameStop stock. It’s time to get out. Source: rblfmr/Shutterstock.com
I’ll cut straight to the chase here. Arguably one of the best hypergrowth stocks to buy for the next 10 years is FuboTV (NYSE:FUBO) stock. Why? Let me answer that question with another question. Does it not seem odd that, although the streaming TV revolution has forever disrupted the multi-trillion-dollar global entertainment industry, we’ve only
After six years in business, Zoox has revealed its first vehicle. And importantly for investors, this means that the first robotaxi for Amazon (NASDAQ:AMZN) could be just around the corner. Remember, Amazon acquired the self-driving vehicle startup over the summer. So what do investors need to know about the Zoox autonomous EV? And what does
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Multiple Google services, including Gmail and YouTube, suffered a widespread outage this morning for an undetermined reason. “Service has already been restored for some users, and we expect a resolution for all users in the near future,” Google said in
A disclosure document can be important for both home buyers and sellers. When an owner sells a property, they are typically required to disclose information in a written document. The requirements vary based on state and local laws. In general, a disclosure document is supposed to provide details about a property’s condition that might negatively affect its
Is Westwater Resources (NASDAQ:WWR) a great indirect wager on the future of electric vehicles (EVs)? Or are speculators simply looking at it with rose colored glasses? At first glance, you may say the former. But — diving into the details of WWR stock — you have to go with the latter. Source: Shutterstock Why? Sure,
A highly anticipated test flight from space tourism pioneer Virgin Galactic (NASDAQ:SPCE) ended prematurely this weekend after the engine of its SpaceShipTwo vehicle ‘Unity’ did not fully ignite due to a lost connection. Virgin Galactic stock — which had rallied big into the event — dropped about 15% in response to the “botched” flight. Source:
It’s not every day that you have a chance to invest in a company that might actually be in the history books someday. Virgin Galactic (NYSE:SPCE), founded by billionaire Richard Branson, is preparing for its first powered test flight, and SPCE stock traders are definitely getting excited. Source: Christopher Penler / Shutterstock.com They’re so excited, in
SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020. Virgin Galactic Virgin Galactic’s stock fell in premarket trading on Monday after the space tourism company cut short its latest spaceflight test mid-launch on Saturday due to an engine ignition issue. “The flight did not reach space as we had been
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images The addition of Tesla into the S&P 500 at the close this Friday will be one of the biggest trading days in history, but it is
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19
2020 was full of surprises for investors, and many of them were unpleasant. From the coronavirus bear market to a massive drop in oil prices, 2020 offered lots of ways to lose money. Given this situation, it’s unsurprising that many exchange traded funds (ETFs) also failed to perform well. Key Takeaways From the coronavirus bear
On Oct. 30, FuelCell Energy (NASDAQ:FCEL) closed at an even $2. Exactly one month later, FCEL stock closed at $10.20. Source: Kaca Skokanova/Shutterstock Even with a pullback of late, FCEL stock still has more than quadrupled in less than six weeks. Given that rally, it’s fair to ask: what’s changed? The answer, as far as