Facebook — now known as Meta Platforms (NASDAQ:FB) — is trying to change the narrative to a positive tone with its new name and upcoming MVRS ticker change on Dec. 1. That will help investors get excited about FB stock again. This includes its new focus on the metaverse and its desire to move into
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NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
In this article FUBO ACB-CA POSH COIN DASH Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Coinbase — Shares of Coinbase dropped more
As with most penny stocks, caution is warranted with Farmmi (NASDAQ:FAMI) shares. To some, the Chinese firm that focuses on processing and selling agricultural products — mainly mushrooms and other edible fungi — may seem like a bargain. As FAMI stock traded above $2 back in February and now trades at a mere 34 cents,
Facing potentially huge competition and generating gigantic losses, Affirm (NASDAQ:AFRM) stock has a poor outlook at this point. Source: Piotr Swat / Shutterstock.com Affirm has developed a Buy Now Pay Later (BNPL) offering. BNPL allows consumers to buy items now and pay for them in fixed installments. Sometimes Affirm’s BNPL factors in interest payments, while
In an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. Source: iQoncept/ShutterStock.com The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social. Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its
In this article AMD DAL TSLA COTY Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Infrastructure stocks — Industrial stocks
On Nov. 8, 2021, Randal K. Quarles submitted his resignation as a member of the Federal Reserve Board (FRB) to President Joe Biden, effective sometime “during or around the last week” of December 2021, when his term expires. The upshot of Quarles’ resignation is that President Biden may be able to fill as many as
Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17
Lucid Group (NASDAQ:LCID) stock has been on a tear. It’s up 59% in the past month and 317% year to date. Source: Around the World Photos / Shutterstock.com Much of that short-term run is because the company actually rolled 20 cars out of its factory and delivered them. I guess that this is where we are
Phunware (NASDAQ:PHUN) is a mobile phone SaaS (Software as a Service) company that just raised a pile of cash. In a recent presentation that the company gave at a Benzinga conference, Phunware said that it now has $66 million in cash on its balance sheet. That’s probably enough to justify its inflated $365 million market
In this article SDC RBLX TRIP HOOD ZNGA PYPL TripAdvisor app Source: TripAdvisor Check out the companies making headlines in after hours trading: Roblox — Roblox shares surged 30% following the online gaming platform’s quarterly results. The company reported revenue of $637.8 million during the period, ahead of the $636.5 million Wall Street was expecting,
Palantir Technologies (NYSE:PLTR) announced its latest group of 10 early-stage companies to join its Foundry for Builders initiative. Launched in July, I continue to be fascinated by the initiative’s potential to move PLTR stock higher. Source: Ascannio / Shutterstock.com Here’s why I feel this way. Over the past month, Palantir stock has gained 14%. As
Ocugen (NASDAQ:OCGN) stock didn’t move much on a recent announcement that it had applied to the FDA for a new emergency use authorization (EUA) for the Covaxin coronavirus vaccine. Source: shutterstock.com/PhotobyTawat This EUA is for people between the ages of two and 18, but the move is extremely unlikely to prevent OCGN stock from sliding in
Roku’s (NASDAQ:ROKU) streak of bad luck, driven largely by macro trends out of its control, is continuing. Nonetheless, I believe that periodically buying ROKU stock on its pullbacks will prove to be a winning strategy for investors. Source: Fozan Ns / Shutterstock.com That’s because Roku continues to deliver very strong results, while the concerns about
After years of boosting CVS Health (NYSE:CVS) stock, I recently gave up and took a profit of 15% won over 7 months. Maybe I should have stayed in. Since I sold my CVS stock, the share price is up almost 12%. Source: Roman Tiraspolsky / Shutterstock.com Its recent gain is even better than that of United Healthcare
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
In this article PLNT REGN W VIAC MRNA BKNG Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share,
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties. Wynn: https://www.zacks.com/stock/quote/WYNN?cid=CS-YOUTUBE-FT-VID Gaming and Leisure Properties: https://www.zacks.com/stock/quote/GLPI?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like
What Are Bitcoin Futures? Bitcoin futures enable investors to gain exposure to Bitcoin (BTCUSD) without having to hold the underlying cryptocurrency. They are similar to a futures contract for a commodity or stock index in that they allow investors to speculate on the cryptocurrency’s future price. The Chicago Mercantile Exchange (CME) offers monthly contracts for