Xi Jinping is between a rock and a hard place. Alibaba Group Holding (NYSE:BABA) stock is there with him. Source: Kevin Chen Photography / Shutterstock.com China’s president wants its middle class to get more of the wealth being created by major cloud companies like Alibaba. He also wants those companies to play fair. He wants
Stock Market
Over the next 20 years, electric vehicles are going to take over the world. We all know this. Every investor, analyst, and financial media personality understands the enormous disruption coming to the multi-trillion-dollar mobility industry – and they all see it as the “investment opportunity of a lifetime.” Make no mistake. It is – but
The meme stock wave that sent Senseonics (NYSEMKT:SENS) stock higher has come and gone. Yet so far, it hasn’t pulled back in the way other stocks popular with Reddit traders have done. After its slide in July to under $2 per share, the medical technology play has partially bounced back, and today trades for around
Investors in electric vehicle battery hopeful QuantumScape (NYSE:QS) stock are not having a good year so far in 2021. QS stock now is near $22, down close to 75% year-to-date (YTD). The record high of $132.73 hit in late December 2020 seems far away in the rearview window. Source: Michael Vi / Shutterstock.com Leading automakers
Meme stocks aren’t going anywhere anytime soon. One of the most interesting trends to emerge during the pandemic, this subcategory of stocks is generating a lot of interest, especially from retail investors. And that has led to a sharp increase of buying into companies with high short ratios. This is traditional investing turned upside down.
Earlier this year, General Electric (NYSE:GE) stock surged from a split-adjusted $50 per share to as much as $115.36 per share. The surge was mostly due to the Covid-19 “reopening” trade, along with success with its turnaround. Yet in recent months, shares in the industrial conglomerate have traded sideways. Source: Sundry Photography / Shutterstock.com Its
Shares of pet healthcare company Zomedica (NYSEAMERICAN:ZOM) have had an impressive turnaround this week. ZOM stock has gained an whopping 51.4% on the back of renewed retail trading interest in the stock. Source: Postmodern Studio / Shutterstock.com The gains come after the shares had lost a near equal amount in the three months ending Aug.
The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for speculators, who thrive on trading volume.
Investors with a keen focus on lithium-ion battery development and manufacturing will want to keep an eye on Microvast Holdings (NASDAQ:MVST) stock. The company has a reasonably well-established business in China and future potential. But for the average retail investor without deep knowledge of battery EV technology, MVST stock presents too many unknowns. Source: Alexandru
The Original BARK Company (NYSE:BARK) would be the ideal stock for me as a dog lover if two conditions were met unconditionally. First and foremost, if I were living in the U.S. And second, if I was an investor acting on emotions, getting carried away by the company and its fancy products instead of doing
Lucid Motors (NASDAQ:LCID) stock has been one of the year’s most fascinating stories. Source: Jarretera / Shutterstock.com Lucid, then trading as Churchill Capital, shot up from $10 to $60 in a matter of weeks. Once the terms of Churchill’s special purpose acquisition company (SPAC) merger became clear, however, shares lost more than half their value
North American renewable natural gas provider Clean Energy Fuels (NASDAQ:CLNE) hasn’t exactly been a darling of the markets lately. Unfortunately for the company’s investors, CLNE stock peaked in February and then sputtered out. Source: ZikG / Shutterstock.com Does this mean that the company is actually in trouble? Not necessarily. It’s possible that the share price just
Back in the analog days, boiler rooms cold called everyone from the neighbor across the street to a grandmother scraping by on a meager pension, all to pump publicly traded securities that had little chance of succeeding — except for those that got in early. Today, social media platforms like Discord do away with high-pressure
At the end of June, I wrote about Ocugen (NASDAQ:OCGN) and OCGN stock. I said that at $8.35, it was ridiculously overvalued. I also said if it were worth $8, I’d eat my hat. Source: Shutterstock Naturally, once OCGN stock blew through $8 on Aug. 9, I’d hear from the peanut gallery about my statement.
One of the biggest meme trades — or at least trades that have “meme-ish” qualities — Castor Maritime (NASDAQ:CTRM) lit up the charts earlier this year. Starting off at $1.86 on the first close of January, CTRM stock finished the Feb. 11 session at $17.30, a nearly 10X move in the space of a month-and-a-half.
Faster isn’t always better. But in the world of making money, faster is often better. Because, let’s face it, we all have a certain amount of time on the clock. No one is going to live forever. And so, the faster we earn big money, the more we can enjoy the liberties and luxuries that
It’s supposed to be “off season” in Washington D.C. right now. But, as opposed to taking advantage of their recess, legislators are moving forward with passing some hefty bills and budget plans. I’m talking, of course, about the $1 trillion infrastructure bill and $3.5 trillion 2022 budget plan. Both plans have passed the Senate, and
Sofi Technologies (NASDAQ:SOFI) posted excellent second-quarter revenue and earnings on Aug. 12. This was its first quarterly report since SOFI stock went public via a special purpose acquisition company (SPAC) reverse merger. Source: rafapress / Shutterstock.com Sofi now has an $11 billion market valuation but has yet to make a profit for its shareholders. As
Social commerce platform operator Poshmark (NASDAQ:POSH) is a popular destination for shoppers to buy and sell second-hand products, or even hold virtual shopping parties. It’s an interesting business model, and while some folks don’t have POSH stock on their radar, perhaps they ought to. Source: NYC Russ / Shutterstock.com After all, as reported earlier this year
Analysts still don’t seem to understand Tesla (NASDAQ:TSLA), the electric vehicle (EV) and battery maker. This is despite the fact that it is close to bringing online two new plants, one in Germany and the other in Austin, Texas. As production ramps up to meet demand, TSLA stock is bound to rise further, even though
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