Stock Market

On Friday, Italian e-scooter firm Helbiz (NASDAQ:HLBZ) joined Genius Group (NYSEMKT:GNS) in cracking down on short sellers. “The recent underperformance of our shares compared to the market is a clear indication of the illegal short selling activities that have taken place,” said CEO Salvatore Palella in his strongly worded press release. “We will not tolerate
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After a rough 2022, smart investors know when to make the most of an opportunity. Look no further than beaten-down fintech companies, for example. At the moment, there’s a growing need for contactless payment solutions. Plus, there’s rising demand for “Buy Now Pay Later” services. Leading BNPL provider Affirm Holdings (NASDAQ:AFRM), for example, is in focus
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What will 2023 look like for California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI)? If you’re counting on a rapid recovery for SoFi Technologies, don’t hold your breath. SOFI stock is a buy but only for a tiny position as lower prices are probably on the horizon. Therefore, it’s wise to wait patiently and refrain from investing
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If any company could be considered the poster child of the Big Tech wreck of 2022, it’s Meta Platforms (NASDAQ:META). The carnage of META stock was considerable, though some investors may choose to stand by CEO Mark Zuckerberg’s metaverse-centered vision for the company. All things considered, however, it’s wise to stay out of the trade
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Without a doubt, 2022 was a tough year for Amazon (NASDAQ:AMZN) stock. Will this year be any better? It’s hard to be bullish about Amazon now, given the company’s vulnerability to a shaky macroeconomic environment. Before you assume that there’s a prime dip-buying opportunity here, take note of Amazon’s problems and challenges. Then, you’ll probably want to
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Eventually, there may be compelling reasons to bet your hard-earned capital on solid-state lithium-metal battery manufacturer QuantumScape (NYSE:QS). Right now, however, QS stock gets a “D” rating due to the risks involved. The short squeeze potential shouldn’t appeal to sensible long-term investors. Besides, QuantumScape’s financial profile might improve someday, but it’s not particularly impressive right now.
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Microsoft’s (NASDAQ:MSFT) potential investment in an artificial intelligence (AI) chatbot is a hot topic on Wall Street now. Yet, MSFT stock traders should consider the implications carefully before pressing the “buy” button. There’s also earnings season coming up, and it’s not a sure bet that Microsoft will hit a home run this time. During the days
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Stocks of electric vehicle (EV) makers were battered in 2022. Chip shortages, supply chain bottlenecks, Covid-19-led disruptions in China and macro headwinds took a toll on the industry. Yet, the long-term prospects for EV companies remain attractive due to growing consumer interest, favorable regulation and tax credits to boost EV adoption. Strategic research provider BloombergNEF
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Are you ready to spin the wheel and take a chance on Bally’s (NYSE:BALY)? Not so fast, as BALY stock could continue to lose value in 2023. A turnaround in macroeconomic conditions would certainly help Bally’s recover from its slump. Yet, the company’s fiscal figures should set off some alarm bells for cautious investors. Don’t get
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Invariably, with the Federal Reserve forced into the unenviable task of taking away the monetary punch bowl, certain stocks to avoid would come up based on mass layoffs. Effectively, the earlier response to the coronavirus pandemic led to a dramatic rise in the real M2 money stock. However, inflation didn’t become particularly pronounced until people
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In 2022, I was able to greatly reduce my stock portfolio’s losses by shorting several U.S. equities. I found it fairly easy to find favorable stocks to short, as the valuations of many companies were ridiculously high last year, and many stocks were pricing in scenarios that almost certainly would never materialize. For example, I
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Tilray (NASDAQ:TLRY) stock could rise or fall in 2023, based on whether American legislators make progress with pro-cannabis bills. While TLRY is a Canadian company, it sells cannabis-related products throughout North America. Thus, U.S. marijuana laws are highly relevant to Tilray and its stakeholders.  So far, this looks like a steep uphill battle, and that’s bad news
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