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
If you’re reading this, chances are, you’re not part of the 1% that handsomely benefitted from the prior housing and equities boom that capitalism created. Therefore, it’s difficult not to sympathize with the phenomenon known as meme stocks. There is a word in German that’s a favorite of mine to deploy from time to time:
Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric
It wasn’t too long ago that I was riding high on my recommendation of Lucid Group (NASDAQ:LCID). I initially wrote an article on LCID stock in September of last year. Soon after that, the stock zoomed upward ending up at 3x the price by late November. Source: T. Schneider / Shutterstock Unfortunately, all good things
CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The sudden slam to the economy from the omicron Covid variant could show up in January’s employment report as the first big loss of jobs since late
QuantumScape (NYSE:QS) is a speculative pre-revenue stage company operating in the next-generation electric battery industry. The company claims to have advanced technology that could represent a great leap forward in electric battery performance. However, short sellers published scathing criticisms of QuantumScape’s technology and management team last year, leading to a massive decline. QS stock is
The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is
Lucid Group (NASDAQ:LCID) is on the right track towards its more long-term objectives despite recent declines in LCID stock triggered by near-term macro challenges. Sooner or later, this should ultimately lead to a welcome change in direction for investors. Source: T. Schneider / Shutterstock Over recent months, LCID stock has lost a lot of steam.
In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
The S&P 500 Index has long been one of the best-known proxies for the U.S. stock market, and several mutual funds and exchange-traded funds (ETFs) that passively track the index have become popular investment vehicles. These funds do not seek to outperform the index through active trading, stock picking, or market timing but instead rely
I’ve written quite a few articles for InvestorPlace in which I’ve argued that a successful company doesn’t always equate to a promising stock. It’s crucial for investors to understand the power of market forces — and the influence of institutional investors. Case in point? Tilray (NASDAQ:TLRY). Fact of the matter is that TLRY stock is suffering
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
Some commentators, including InvestorPlace columnist Will Ashworth, have stated unequivocally that buying shares of special-purpose acquisition company Digital World Acquisition (NASDAQ:DWAC) at its current levels is stupid. DWAC stock soared from around $10 a share to a high of $175 in October when it was announced the blank-check company would merge with Trump Media &
From time to time, I like to revisit columns I’ve written in the distant past. Back in May 2016, I wrote about four dividend stocks that were extra-special because they paid special dividends. If you’re a dividend investor, you probably feel the special dividend is like if you won a big jackpot at a casino
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital