Now down to the mid-$20s per share, if you don’t own it yet, you may have an urge to “buy the dip” with Lucid Group (NASDAQ:LCID). After all, the EV maker is charging ahead with its production ramp-up plans. A speedy recovery for LCID stock is just around the corner, right? Source: T. Schneider / Shutterstock
Following the stock market bottom in Mar. 2020, growth stocks dominated the list of best-performing stocks for the first year of the new bull market. Since then, growth stocks have been mired in a brutal bear market. There is no better example of this than Cathie Wood’s Ark Innovation ETF (NYSEARCA:ARKK), which had a 391%
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding how the Ukraine conflict could impact Fed policy. Powell will
Despite the global pandemic receding, cruise line operator Carnival Corp. (NYSE:CCL) continues to navigate choppy waters. CCL stock is going to need more than just a life raft to recover from the pandemic. Source: Kokoulina / Shutterstock.com Carnival’s stock has been as unpredictable as its sailing schedule lately. Year-to-date, the company’s share price is up
The mobile games platform continues to leak oil as we move into March. Skillz (NYSE:SKLZ) is down 59% in 2022. Yet the eight analysts covering SKLZ stock give it a median price target of $12, 225% higher than where it’s currently trading. Source: NYCStock / Shutterstock.com Have analysts lost their minds? Maybe. In March 2021,
Once the spin-off of Warner Discovery is done in April, AT&T (NYSE:T) stock will again be a bet on the communications business again. Source: Lester Balajadia / Shutterstock.com The problem is that this has been a bad business to be in. Since AT&T agreed to buy Time Warner in October 2016, AT&T shares are down
In-line with my previous expectations, Upstart’s (NASDAQ:UPST) financial results are continuing to improve rapidly. The company’s fourth-quarter earnings and 2022 guidance came in very strong on Feb. 15, propelling UPST stock much higher. Source: Postmodern Studio / Shutterstock.com Meanwhile, based partly on the firm’s 2022 guidance, I continue to believe Upstart’s auto business will become
ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton Novoderezhkin | TASS | Getty Images For more than two decades, the space agencies of the United States and Russia have been partners through the
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters The Securities and Exchange Commission proposed new rule that would tell investors more about short sales is part
In this article ETSY BYND FL Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth
Are Wall Street analysts bullish heading into these two key tech earnings reports? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Key Takeaways Gross payment volume (GPV) came in above analysts’ predictions. GPV measures the total dollar amount of card payments processed by sellers on the company’s payment ecosystem. Block’s transaction-based revenue rose 41% year over year to $1.3 billion, comprising about 32% of total revenue. Source: Predictions based on analysts’ consensus from Visible Alpha Block (Square)
Block (NYSE:SQ) investors are in a tough spot right now. Down 67% in the past six months, SQ stock continues to drop in price. Many may be trying to bottom-fish with this fintech firm, formerly known as Square. Source: Piotr Swat / Shutterstock.com But as the factors that drove its epic decline remain, buying it
As Russia what it wants from its Ukraine invasion, money-losing growth stocks like C3.ai (NYSE:AI) are not where investors want to be. Source: Tada Images / Shutterstock.com Shares in the maker of enterprise artificial intelligence software peaked soon after their December 2020 debut. The spike was as high as $161 a share. It’s lost almost 36%
Spotify (NYSE:SPOT) is a growth stock, and unfortunately, growth stocks often bring volatility along with them. Investors need to account for price fluctuations when adding it in their portfolio. Consider that SPOT stock has just an 0.25% total return since its 2018 direct listing on the New York Stock Exchange. But I think it has the
In this article RSX IEV Traders on the floor of the NYSE, Feb. 22, 2022. Source: NYSE The VanEck Russia ETF fell more than 25% at one point in premarket trading on Thursday, shedding a quarter of its already depressed value after Russia invaded Ukraine. The fund was down more than 28% year to date
In this article CVNA KAR ETSY COIN BYND Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines after the bell: Beyond Meat — Shares of the alternative meat producer tumbled
Bionano Genomics (NASDAQ:BNGO) is a life sciences instrumentation company focused on the genome analysis space. Its products include Saphyr, Bionano Chips, Bionano Prep Kits, and Bionano Data Solutions. Source: Dennis Diatel / Shutterstock.com The firm has discovered research about cancer, genetic diseases, and genome assembly, whereas its clinical research is about Facioscapulohumeral Muscular Dystrophy (FSHD) and
This is my first time writing about Asana (NYSE:ASAN). The software-as-a-service (SaaS) workflow management company operates in a competitive sector. However, Asana is holding its own on the top line. Revenue continues to show steady growth on both a quarterly and year-over-year basis. Despite that, ASAN stock is down 62% from its 52-week high of
Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as well. But all this may well be to NIO (NYSE:NIO) stock’s advantage. Source: xiaorui / Shutterstock.com Yes,