In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get
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In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted
General Electric Co. (GE) is a global industrial company that provides power generation, renewable energy, industrial aviation products, and healthcare products and services. The company also offers financial products and services. GE serves customers in 130 countries and has manufacturing and service operations globally. GE operates in industries that require continual investment in research and
DraftKings Inc. (NASDAQ:DKNG) has started 2022 with poor performance, contrary to what investors may have expected. DKNG stock has lost approximately 16% of its value year-to-date (YTD) and currently trades just above $23. Source: Tada Images / Shutterstock.com A few months back, specifically in late September, I wrote that “It’s time to bet against more
SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi
The argument that the market overhyped Rivian Automotive (NASDAQ:RIVN) stock for the first week after its initial public offering (IPO) is valid. It got too hot too quick. There was little to substantiate it running to $172 within a week of its $100 IPO. That is well above target prices and it seems that Rivian
Intel (NASDAQ:INTC) CEO Pat Gelsinger is using “tech sovereignty” to fuel the stock’s comeback, with hefty government aid. INTC stock has some big changes on the horizon. Source: Sundry Photography / Shutterstock.com Intel’s decision to put its new $20 billion chip plant outside Columbus, Ohio was fueled by over $2 billion in state government “incentives.”
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent rose more than 7% in extended trading after the company beat on the top and bottom lines for its quarterly results. The
Twilio (NYSE:TWLO) has suffered a fate similar to so many tech companies as of late. TWLO stock has lost precisely half its value over the past 12 months. And it’s down 60% from its 52-week highs. In dollar terms, Twilio has sunk from a peak of $457 to just $180 or so today. Source: Piotr
Preston Pysh talks with Mark Moss about financial, political, and technology cycles throughout history. One quick caveat: We apologize for the tiny glitches along the way. Please bear with us, because the substance of the conversation and the way Mark Moss breaks down this complex subject is fantastic. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 –
Apple (NASDAQ:AAPL) reported its first quarter earnings last Thursday. There had been real concern over the company’s holiday quarter. Supply chain disruptions were making iPads difficult to find in stores. Apple reportedly issued a warning to suppliers early in December about weakening demand for the iPhone 13. There was very real concern that after being beat
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareholders when that merger is completed later this year. Shareholders will receive 0.24 shares of Warner Brothers Discovery for each AT&T share they now
The financial crisis of 2008 and the great recession that followed is still fresh in the memories of many investors. People saw their portfolios lose 30% or more of their values, and older workers saw their 401(k) plans and IRAs drop to levels that threatened their plans for retirement. Instead of acting rationally during severe
Let’s not mince words. There are a number of loose ends with California-based ContextLogic (NASDAQ:WISH) which ought to be tied up by now, but haven’t been. Without a doubt, it must be frustrating to own WISH stock in hopes of fresh, material updates, only to be disappointed day after day. Source: sdx15 / Shutterstock.com For example,
In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time
Microsoft (NASDAQ:MSFT) recently produced stellar earnings on Jan. 25 for its fiscal second quarter and the six months ending Dec. 31. As a result, MSFT stock looks very cheap here, even though Microsoft has a market capitalization of $2.3 trillion. Source: Peteri / Shutterstock.com In fact, based on analyst projections and the company’s very high
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
In this article TSLA WBA K CTXS SPOT BYND The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares surged more than 9% after Credit Suisse upgraded the stock to outperform from neutral. The firm said the pullback