The term “meme investing” shot into public consciousness in January 2021 when high volumes of retail investors orchestrated a short squeeze on GameStop (NYSE:GME) stock to cause a sharp rally of over 1,500% in a matter of days. Forming the backdrop to the exceptional circumstances of GameStop was a cryptocurrency rally that ultimately saw Bitcoin
NVDA (NASDAQ:NVDA) is one of the world’s most valuable companies. My Nvidia stock analysis reveals that as well as it’s doing, this company still has plenty of room to grow. This past year has truly been transformative for Nvidia, with the stock skyrocketing more than 200%. Growth will continue as accelerated computing and generative AI
Fintech stocks in 2024 are attracting plenty of attention in the financial markets. Driven by rapid technological advancements, the fintech sector is revolutionizing. Major financial institutions are now harnessing the power of fintech, integrating groundbreaking solutions into their operations. This trend underscores a transformative phase in finance. The trend marries traditional models with cutting-edge technology
Last week, the Federal Reserve’s interest rate decision and the latest non-farm payroll (NFP) data dictated the stock market’s performance. During heightened volatility, a handful of stocks stood out due to intense price momentum, which may continue into the coming week due to company-specific events. Regional banks attracted renewed scrutiny after New York Community Bancorp’s
Artificial intelligence grabbed most of the headlines last year, but weight loss stocks were equally noteworthy. It grew slowly for several years but really went stratospheric last year. The wider availability of Ozempic and Wegovy set the world on fire. A class of drugs known as glycogen-like peptide-1 (GLP-1) therapies for diabetes and obesity, demand
Industrial stocks encompass a wide variety of industries. These include.s aerospace and defense, transportation services, logistics, agriculture, construction and engineering, building products and electrical components. It is a sector that is great for investors looking for a plentiful amount of companies to grow their investment portfolio. Manufacturing, whether cars, medical devices, highways, or airplanes, is a
Tesla (NASDAQ:TSLA) stock has had a rough start to the year after reporting its Q4 and full year 2023 financial results. My initial Tesla stock analysis suggests Wall Street was particularly disappointed with Tesla’s lack of clarity regarding the company’s plan for the future. Tesla is currently navigating through a challenging macroeconomic environment. Rising interest
Hertz Global Holdings Inc.’s stock reversed early losses to trade up 8% on Tuesday, as executives on the company’s earnings call outlined plans to return to profitability after a bigger-than-expected fourth-quarter loss. As expected, Estero, Fla.-based Hertz HTZ, +8.47% booked $245 million of charges relating to plans to reduce its electric-vehicle fleet, a move it
It was just nine years ago that the NFL barred then-Dallas Cowboys quarterback Tony Romo from hosting a fantasy sports convention in Las Vegas because it would have taken place at a space adjacent to a casino. The NFL treated Las Vegas, the most concentrated hub of legal gambling in the U.S., like a toxic
Amer Sports Inc., the Finnish sportswear company that went public last week, on Tuesday launched an offering of $600 million of seven-year high-yield bonds. The Helsinki-based company AS, +3.63% and some of its units have also entered a new credit agreement, under which they will have a new $600 million term loan facility, a new
Activist investor Blackwells Capital has a solution for Walt Disney Co. and its chief executive Bob Iger to rev up sales: Split the company into three separate focused entities — sports, entertainment, and resorts. “Disney may simply be too complex for any one successor to Mr. Iger to manage holistically, and Blackwells believes that it
It’s not just worries about high interest rates and commercial real estate that are plaguing regional banks in the U.S., according to DataTrek Research. “U.S. regional banks have been a rough corner of the market for many years,” Nicholas Colas, co-founder of DataTrek Research said in a note emailed Tuesday. “With dividend yields well below
For decades, the NFL was hesitant to be involved with the gambling industry. But in recent years it has agreed to partnerships with FanDuel FLUT, -0.76%, DraftKings DKNG, -0.08% and Caesars CZR, +2.62% as more states legalized sports betting. And this season, for the first time, the Super Bowl will be played in Las Vegas,
Treasury yields extended their declines into Tuesday’s afternoon session as traders weighed fresh comments from another Federal Reserve official who warned against cutting policy interest rates too hastily. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y dropped 9.1 basis points to 4.379% from 4.470% on Monday. The yield on the 10-year Treasury BX:TMUBMUSD10Y fell
New York Community Bancorp.’ s stock resumed its slide on Tuesday after a report that its chief risk officer has departed the company and comments from Treasury Secretary Janet Yellen about the challenges posed by regional banks. The stock NYCB, -16.57% dropped 14% to $4.63 a share in recent trading. Earlier it fell about 15%
Eli Lilly and Co.’s fourth-quarter sales and profit beat expectations as its newer diabetes and obesity medications gained broader insurance coverage. About 90% of U.S. Type 2 diabetes patients with commercial insurance or Medicare Part D prescription-drug plans now have access to Lilly’s diabetes drug Mounjaro, the drugmaker said, while about one-third of people with
In the world of investments, the allure of under-the-radar stocks gaining momentum is akin to discovering hidden treasures. Beyond the buzz surrounding well-established giants, the financial landscape holds secrets to lucrative opportunities. The article explores the fundamentals of three such under-the-radar stocks, all set to redefine the trajectory of returns by 2025. The first one’s
Meme coins have had an intense 2023, with many highly-speculative digital assets seeing multi-year highs. Notably, many crypto fans still think this momentum can continue well into 2024. While that’s certainly the case, it’s also true that many of these volatile assets have seen massive price declines in the past. It’s my view that meme
In the ever-evolving urban landscape, savvy investors are focusing on urban development stocks poised to capitalize on emerging trends. Retail sector growth is at the forefront, with a solid uptick in retail tenant demand, while the hybrid work model has cemented its place in the corporate world. Simultaneously, the integration of AI in real estate
Of all the articles I’ve read about retirement recently, the most intriguing was Fast Company’s “‘Flextirement’ is the future of work.” But what the heck is “flextirement”? I spoke to some experts on the topic: Neil Costa, the writer of the Fast Company article and the one who coined the term flextirement; Cheryl Evans, director
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