In 2014, Massachusetts-based T2 Biosystems (NASDAQ:TTOO) went public at $11 per share. Expectations were high for the young startup. Its sepsis-detecting products targeted a $20.3 billion industry, and T2’s Magnetic Resonance Platform (T2MR) was potentially game-changing. Shares would quickly rise to a pre-split $23. The product, however, would prove a dud. In 2020, most of
In this article PENN AXON LYFT BMBL TWLO SMCI RIVN TTWO Follow your favorite stocksCREATE FREE ACCOUNT People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian
It’s worth noting that blue-chip stocks go through their own bull and bear phase. Nvidia (NASDAQ:NVDA) was under-performing until October 2022. The massive rally in the last three quarters has more than compensated for the bear phase. With strong fundamentals, several other undervalued blue-chip stocks are worth considering for the long-term even as the markets
The retail space can be unpredictable even at the best of times, so these retail stocks are definitely ones to avoid in the current environment. Debt levels have grown to uncomfortable levels for many of the sector’s players, and with rates rising and consumers tightening their purse strings, many retailers are between a rock and
The biotech industry proved itself resilient in the face of the COVID-19 pandemic. With research from Mckinsey, venture capitalist (VC) companies increased investments from 2,200 in 2016 to 3,100 in 2021 in biotechnology (biotech) startups. These startups have advanced medicine overall, improving cell therapy, tissue regeneration, genetic medicine, and more. With increasing innovation, we see
In this article PNC MTB BYND PLTR IFF Follow your favorite stocksCREATE FREE ACCOUNT Getty Images PNC Financial, Citizens Financial, M&T Bank — Regional bank stocks were broadly under pressure on Tuesday after Moody’s downgraded the credit in several smaller institutions. The ratings agency also said some larger banks were under review for a downgrade.
The cloud consists of data centers loaded with servers and data storage systems. All of those data centers, of course, contain huge amounts of data. By using the cloud, companies enable themselves and their customers to quickly and easily access their information. This has led to the rise of the best cloud computing stocks to
Last month, electric vehicle stocks spiked in price, including Lucid Group (NASDAQ:LCID). There are two reasons why LCID stock and other names in the space moved higher. For one, there were rising hopes of improvements ahead for the two biggest issues weighing over both the economy and the stock market: high inflation and high interest
Amid market volatility, enduring investments are hard to find. However, a few resilient, innovative blue-chip stocks offer competitive prices and total returns over the long term. The first stock, fueled by AI and loyalty achievements, thrives internationally. Digital innovation and strategic initiatives underpin its growth, with global expansion yielding remarkable results, especially in China. With
In this article LCID BYND CE IFF PARA HIMS CHGG Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat’s Cookout Classic value pack Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million,
Despite ongoing economic challenges, recent reports from various electric vehicle (EV) manufacturers have revealed resilient EV sales. Enhanced by government incentives and manufacturer price reductions, EV sales in the U.S. surged by 50% to 557,330 units during H1 2023, constituting 7.2% of total vehicle sales. However, this growth pace is slower than the 71% increase
Cybersecurity is one of the fastest growing subsectors within the broader technology sector. But just like any sector there are cybersecurity stocks to buy and cybersecurity stocks to avoid. Even before the global pandemic, enterprise companies already understood that protecting their businesses from cyberattacks was a need. Since 2020, many of these same companies
The International Energy Agency expects to see electric vehicle sales of around 14 million by the end of this year. Governments across the world are trying to increase EV popularity. National policies and incentives will likely help with sales. The U.S. expects to deliver a 50% market share for electric cars by 2030. The European Union
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Marco Bello | Reuters It’s put up or shut up time for the SEC on a bitcoin ETF. The Securities and Exchange Commission is required to give a thumbs up or thumbs down to ARK’s
In this article PYPL CNK PLTR SOVO CPB BRK.A TSLA Follow your favorite stocksCREATE FREE ACCOUNT Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Check out the companies making headlines in midday trading.
Even though Meta Platforms (NASDAQ:META) stock is almost certainly headed higher in the coming months, there will be share-price pullbacks along the way. Yet, these are really just opportunities to start a share position or add to an existing one. Like any company, Meta Platforms has challenges to overcome. However, that’s not a reason for investors
The world is moving toward a greener future. Many countries are implementing policies such as net zero emissions targets or upcoming bans on the sale of gasoline-powered vehicles. The future is bright, as a whole, for renewable energy stocks. But there are many firms in the space that will fail to capitalize on this societal
The best bargain retirement stocks are usually those that provide dividends sustained by earnings. Unlike volatile growth stocks, these dividend-paying stocks offer reassurance, signifying a firm’s commitment to returning capital to shareholders. Hence, for investors eyeing cheap retirement stocks that align with these principles, the following list will likely pique their interest. Down 10% or more
The last things you need to have distressing your portfolio this month are F-rated stocks. I believe the stock market is in a good place, and economists believe that third-quarter GDP could exceed the 2.4% the U.S. recorded in Q2. But if you have F-rated stocks, your August will be an expensive waste. Think of