Amazon (NASDAQ:AMZN) is rising after yet another strong quarter. The overall news was good for the company, which managed to exceed expectations on several fronts. That sent shares of AMZN stock more than 10% higher. Source: Eric Broder Van Dyke / Shutterstock.com At the same time, though, the report was far from perfect. In fact,
Typically, when a publicly traded company loses nearly 16% of market value over the trailing month, there’s a reason for it — and usually not a good one. That’s the situation with SoFi Technologies (NASDAQ:SOFI). Though backed by several relevant innovations like fintech and cryptocurrencies, investors currently have a dim view of SOFI stock. Source:
There have already been some big movements in stocks in 2022. Meta Platforms (NASDAQ:FB) lost $232 billion in value after weaker-than-expected first quarter revenue. Meanwhile, Snap (NYSE:SNAP) soared by some 60% after its quarterly numbers beat estimates despite a prior downward trend. Now, the story looks similar for DraftKings (NASDAQ:DKNG) in terms of correction. In
In this article AMGN SPGS James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Take-Two Interactive — Shares of the video game company shed
At first glance, California-headquartered life-sciences company Bionano Genomics (NASDAQ:BNGO) might seem like a good business to invest in. After all, BNGO stock is cheap and that is what traders should look for, right? Source: Dennis Diatel / Shutterstock.com The important lesson here is to avoid confusing “cheap” with “good.” As the old Benjamin Graham/Warren Buffett saying
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
Finding a floor at around $20 per share, after its continued plunge last month, to some now may look like a great time to get into DraftKings (NASDAQ:DKNG). Unfortunately, as the two factors that have pushed it lower continue? It may be too early to bottom-fish with DKNG stock. Source: Tada Images / Shutterstock.com What do
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap deal valued at $6.6 billion including assumed debt. Shares of Frontier’s parent company Frontier Group (ULCC) fell 2.4%. Peloton (PTON) –
Human beings often act in irrational and unexpected ways when it comes to business decisions, money, and finance. Behavioral finance tries to explain the difference between what economic theory predicts people will do and what they actually do in the heat of the moment. Oftentimes, this comes down to the specific biases people tend to have. Key
Digital Turbine (NASDAQ:APPS) and its investors have been on quite a journey since the company listed as a penny stock in July 2006. I think it’s safe to say that APPS stock provides testimony that multi-baggers can occur from the most niche of domains. Source: Shutterstock However, the past is the past, and APPS stock
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)
DocuSign (NASDAQ:DOCU) was one of the major benefactors of the pandemic. The cloud-based e-signature provider was a major hit with people looking to conduct business while being socially distanced. DOCU stock, however, has performed dismally in the past year, losing more than 50% of its value. Moreover, investors are worried about how it will fare
In this article PYPL BSX CPRI The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alphabet – Shares of Alphabet popped 8.6% after the Google parent posted blowout quarterly results and
It’s been just over a year since traders on Reddit’s WallStreetBets incited the GameStop (NYSE:GME) trading frenzy and the term “meme stock” entered our lexicon. Early on, this retail army also set its sights on struggling movie theater chain AMC Entertainment (NYSE:AMC). An initial short squeeze in early 2021 took AMC stock from around $2
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
If any company is emblematic of the “recovery trade,” it would be cruise operator Carnival Corporation (NYSE:CCL). Indeed, you could actually use CCL stock as a gauge of how both Wall Street and Main Street are faring nearly two years after the onset of Covid-19. Source: Ruth Peterkin / Shutterstock.com And if Carnival is going to
In this article SQ MARA RBLX BA AMD A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters February started on a dramatic note as Big Tech companies, including Meta Platforms and Amazon, issued quarterly earnings and swayed the major
In this article @W.1 Armored personnel carrier (APC) of the 92nd separate mechanized brigade of Ukrainian Armed Forces move to park in their base near Klugino-Bashkirivka village, in the Kharkiv region on January 31, 2022. Sergey Bobok | AFP | Getty Images The highly unpredictable nature of Russia’s threat against Ukraine has rippled across financial
Paying foreign officials for expediting legal processes or obtaining contracts was a common business practice around the world well into the 1970s. In 1973, the Watergate scandal, that ultimately caused Richard Nixon’s resignation as president, brought corporate bribery into the spotlight. The Securities Exchange Commission (SEC) and the U.S. Department of Justice (DoJ) began investigating