Lucid (NASDAQ:LCID) will likely release its fourth-quarter results next week or shortly thereafter. Investors should expect to see the company show solid progress in the production of its electric vehicles (EVs). As a result, LCID stock could stage another move upward, depending on the guidance the company gives for Q1 and 2022. Source: gg5795 /
A holiday when those in love show their feelings for each other, Valentine’s Day is a beloved tradition and has been widely celebrated since ancient Rome. People buy flowers, chocolates and gifts, but they also buy things that they need, such as food and clothing. This holiday has become so popular, retailers have embraced it
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
Digital investment advisor Betterment has acquired robo-advisory firm Makara that offers cryptocurrency. The acquisition’s terms were not disclosed. Betterment, which is the biggest independent digital advisor in the United States, pioneered robo-investing—an industry that grew during the pandemic. The company’s CEO Sarah Levy stated that Makara was unique because it combined crypto offerings with guidance
Ocugen, Inc. (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company struggling to find a direction and a bottom in 2022 as the pandemic persists. Investors looking to buy OCGN stock have several tough questions to ask and need straightforward answers to evaluate its shares. Source: shutterstock.com/PhotobyTawat I have written three articles on OCGN stock. I covered two
Shares of 3D printing pure-play Desktop Metal (NYSE:DM) stock have cratered over the past year. DM stock has shed over 85% of its value in the past 12 months. Lackluster results and continual delays in releasing its much-talked-about Production System P-50 have driven investor skepticism. Though elements fuel its long-term bull case, its lofty valuation
Microsoft’s (NASDAQ:MSFT) post-earnings rally and fade is likely due to Nasdaq’s rising volatility. Investors cannot decide if they should bargain hunt and buy beat-up technology stocks or buy MSFT stock. Source: Asif Islam / Shutterstock.com As inflation pressures force central banks to raise interest rates faster than expected, technology investors should consider accumulating Microsoft stock.
Industries that come to mind for many dividend investors include perennial favorites such as consumer staples, utilities and healthcare. These sectors tend to provide predictable earnings, low capital expenditures and high levels of free cash flow. Those conditions are terrific for dividends, and those sectors tend to pay above-market yields as a result. Commodities sectors
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Expedia — Shares of the travel company jumped more than 5% in extended trading after a better-than-expected earnings report. Expedia posted adjusted earnings
Oil and gas play Camber Energy (NYSEAMERICAN:CEI) has languished in the penny stock territory for a while now. After its price topped $4.85 per share last September, CEI stock has shed over 85% of its value. It is now back where it belongs, trading in the penny stock territory after the Reddit-fueled enthusiasm. Though penny
The last time I discussed the controversial special purpose acquisition company Digital World Acquisition Corp. (NASDAQ:DWAC), its shares were up 57% on a year-to-date (YTD) basis. Since then, DWAC stock had its dips and dives, but it is still up 6o% YTD. Source: rafapress / Shutterstock What in the heck gives? For me, I find
Highly followed portfolio manager Cathie Wood is not having much fun right now. Her flagship fund, the Ark Innovation ETF (NYSEARCA:ARKK) is down 23.4% year-to-date through Feb. 7. Like a lot of innovation-heavy exchange traded funds (ETFs), ARKK is getting cut to pieces early in 2022. If you’re a believer in buying on the dip
Many high-yield dividend stocks don’t have enough firepower to cover their dividend payments. Or else they barely have the earnings to cover the dividend. This could be one reason why the stocks have a high yield. Often these stocks either have to borrow money, sell assets, issue equity or debt just to be able to
Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will
In this article KO DIS GOOS-CA TWTR TPR UBER Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of 45 cents per share. Revenue also beat Wall Street forecasts, and Coca-Cola projects commodity
Key Takeaways Gross bookings came in at $25.9 billion, surpassing analysts’ expectations. Gross bookings measure the total dollar amount that Uber generates across its business platforms. Uber said that the omicron variant had an impact on its business in late December but that it’s already bouncing back to continue its ongoing recovery from the pandemic.
Even after a 60%-plus drop in shares of digital payments company Block (NYSE:SQ) — formerly known as Square — SQ stock is still trading at very high valuations. And the company faces a number of challenges that make it an unappealing investment. Source: Sergei Elagin / Shutterstock.com In addition to stiff competition from PayPal (NASDAQ:PYPL)
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
Web 3.0 — also referred to as the decentralized web or Web3 — is getting plenty of attention on Wall Street. Some regard it as a paradigm shift that will make the internet immersive for the masses. Others highlight, “Web3 is about ownership. It’s about the direct connection between creators and consumers, obfuscating the gatekeepers.”