Stock Market

Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ:RIVN) have crashed nearly 40% year-to-date, and approximately 50% in the past three-month period while they are off 20% from their initial public offering (IPO) price of $78 a share back in November 2021. This definitely does not improve the case for RIVN stock. Source: James Yarbrough
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Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
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Digital World Acquisition (NASDAQ:DWAC) is a special purpose acquisition company (SPAC). Even in a brutal downturn for SPACs, DWAC stock has managed to succeed beyond everyone’s wildest expectations. That’s because Digital World announced a merger with former President Trump’s emerging media and internet company, Trump Media & Technology Group (TMTG), which is planning on launching
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Palantir Technologies (NYSE:PLTR) is a growth stock. When growth stocks were in fashion, it was a winner. When they ceased to be in fashion, investors lost. Source: Ascannio / Shutterstock.com After writing about its data analysis products in July, I called Palantir stock a dirt-cheap speculation. In September, I looked at its high price and
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Just like tech stocks, many electric vehicle (EV) stocks are on sale, following the January stock market sell-off. But while there may be opportunity with shares in several of the EV makers, and with some of the higher-profile EV infrastructure plays, you may want to add EVgo (NASDAQ:EVGO) stock to your watchlist as well. Source: Felipe
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Next week offers fourth-quarter earnings reports from a number of blue-chip companies and household names. In recent weeks, we have gotten mixed earnings reports from big banks and technology companies. While some companies, such as Wells Fargo (NYSE:WFC) and Alphabet (NASDAQ:GOOGL) blew the doors of their Q4 prints, other companies such as JPMorgan Chase (NYSE:JPM)
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Like so many special purpose acquisition companies (SPACs), SoFi Technologies (NASDAQ:SOFI) stock has been a volatile one. Shares initially popped to $25 as excitement grew for the well-known FinTech firm. Source: rafapress / Shutterstock.com This also came during a time when entrepreneur Chamath Palihapitiya was on a massive winning streak with his SPAC deals. So in
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The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is
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