After Didi Global (NYSE:DIDI) announced that it would delist its stock from the NYSE and move its shares to the Hong Kong Stock Exchange, the outlook remains dreadful. Source: zhu difeng / Shutterstock.com Given Didi’s circumstance, I do not agree with those who have suggested that the company’s American depositary shares (ADS) may move to
Jack Dorsey announced on Nov. 29 that he was stepping down as CEO of Twitter (NYSE:TWTR). TWTR stock gained 11% on the news; Dorsey also runs Square (NYSE:SQ), and CEOs running two companies generally doesn’t sit well with investors. Dorsey has a checkered past with Twitter. In 2008, the board sent him packing because his
The short and simple answer is no. Employer matching contributions do not count toward your maximum contribution limit as set by the Internal Revenue Service (IRS). Nevertheless, the IRS does place a limit on the total contribution to a 401(k) from both the employer and the employee. Key Takeaways You can contribute up to $19,500
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters In the coming week, the Federal Reserve could decide to speed up the end of its bond-buying program and signal that 2022 is the year it expects to start hiking
Cryptocurrency miners, like Riot Blockchain (NASDAQ:RIOT) have been explosive. Source: Marko Aliaksandr/ShutterStock.com After starting the year at a low of $15.85, shares of RIOT blasted to a high of $79.50. All as it rallied along with Bitcoin (CCC:BTC-USD). After all, the higher BTC moves, the higher RIOT moves. We’ve seen the same thing happen with
Healthcare stocks offer investors a wide variety of stocks. There are healthcare stocks that lean more toward growth versus value, high dividend yields versus dividend growth, and so on. Healthcare also tends to perform quite well during recessionary periods. Their recession-resistant businesses and steady dividends can help reduce the severity of market downturns during recessions.
Microvision (NASDAQ:MVIS) stock enjoyed an incredible run-up when it was the most obvious pureplay company attempting to commercialize its light detection and ranging (LIDAR) technology. Source: temp-64GTX/Shutterstock.com LIDAR gives vehicles the ability to sense their surroundings. It can be a pivotal piece of a hardware package to enable autonomous vehicles. Over the past year, however,
After running hot for a few weeks, excitement has cooled for Progenity (NASDAQ:PROG). Less than a month ago, it was trading for as much as $6.20 per share. But since then, PROG stock has fallen by around more than 50%, and trades for around $2.50 per share today. Source: motorolka / Shutterstock.com Is this a
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day
The stock market is still hanging tough near it’s all-time highs. However, investor sentiment is nowhere near that. In fact, it is the one variable that keeps flip-flopping on us. We have become headline traders as a baseline. There’s much less emphasis on fundamentals, which left Intel (NASDAQ:INTC) stock at a disadvantage. Boring and non-flamboyant
In today’s show, Preston and Stig talk about Quantitative Tightening and the impact on the US Stock Market. The group has an in-depth discussion about the bond yield curve and how it might look as 2018 progresses. Our guest, Richard Duncan, has worked at the IMF and World Bank and has over 30 years of
GameStop (NYSE:GME) released its earnings on Dec. 8 for its fiscal Q3 ending Oct. 30 with excellent results. It showed that revenue had jumped 29% year-over-year (YoY) to $1.297 billion, up from $1.0047 billion a year ago. However, it also showed that cash burn had jumped significantly during the third quarter. That is going to
The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
In the bond market, convexity refers to the relationship between price and yield. When graphed, this relationship is non-linear and forms a long-sloping U-shaped curve. A bond with a high degree of convexity will experience relatively dramatic fluctuations when interest rates move. Key Takeaways Convexity is the relationship between price and yield and is non-linear
The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
Financial technology (fintech) is gaining popularity with each passing year as consumers look for convenient and easy ways to manage their finances. Whether it is a loan or an investment, we want it at our fingertips at a moment’s notice, and SoFi Technologies (NASDAQ:SOFI) is here to make it possible. The company’s moves in the industry
With the selloff in stocks since Thanksgiving, investors may be shopping for bargains on the stock market this holiday season. Scores of popular plays have been hammered down by fears of the omicron variant and possible hawkish fiscal policy from the Federal Reserve. There are plenty of names that are buys right now. Even so,
Bearish sentiment is growing for Progenity (NASDAQ:PROG) after a dream run. The biotechnology company’s shares have been up 146.42% in the last three months. Last year, the company went public at $15 per share and saw its price plummet to below a dollar, earning the infamous label “penny stock.” Shares have been on a tear
In this article AAPL CVS HRL RH RENT GME Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected
In the current year, the markets have shown that multi-fold returns can come in a matter of weeks. In particular, it’s been a year to remember for the action in penny stocks. With a few weeks still before holiday season, there are Christmas stocks to buy that can deliver quick returns. A risky way to