Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust
ContextLogic (NASDAQ:WISH) is set to announce its third-quarter earnings today under a new CFO. But there probably won’t be a lot to celebrate when the report is released. Ultimately, that means investing in WISH stock isn’t going to be worthwhile. Source: sdx15 / Shutterstock.com That said, ContextLogic will remain a popular choice for risk-tolerant retail
Paypal (NASDAQ:PYPL) is a screaming buy after its recent earnings fiasco. PYPL stock fell 12% on Nov. 9 immediately after it announced third-quarter results and forward guidance that left Wall Street cringing. Source: JHVEPhoto / Shutterstock.com Paypal stock had its worst one-day performance in nearly two years due to the substandard results. The online payments
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
Selim Korkutata | Anadolu Agency | Getty Images The Securities and Exchange Commission has until Nov. 14 to give a thumbs up or thumbs down to the VanEck Bitcoin ETF, the first exchange-traded fund in a long line of “spot” bitcoin ETFs that have applications in front of the regulator. The SEC has delayed a
A gas pump at an Arco gas station in San Diego, California. Mike Blake | Reuters October’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up the timeline on its ultimate inflation-fighting tool: interest rate hikes. The consumer price index
As a content delivery network (CDN) and cybersecurity specialist, Cloudflare (NYSE:NET) stock was always going to be a relevant play on paper. Source: Sundry Photography / Shutterstock.com But when the novel coronavirus rudely made its appearance, suddenly, NET stock took on far greater importance. This particular sentiment has only grown stronger, which puts investors into
Old-school, traditional lenders now have a major threat, and its name is Upstart (NASDAQ:UPST). If you’re ready to join a revolution in the financial technology (fintech) market, I invite you to take a look at UPST stock. Source: Shutterstock However, you can put the stock on your watch list without actually buying it now. When an
Amid multiple new signs that BlackBerry’s (NYSE:BB) IVY initiative will be extremely lucrative, I remain very bullish on BB stock. Source: Shutterstock IVY is the auto-app store that BlackBerry is developing in partnership with Amazon (NASDAQ:AMZN). The company is making significant progress on the project and plans to release meaningful information about it in early
A prototype vehicle launches out of the company’s suborbital accelerator during its first test flight on October 22, 2021 at Spaceport America in New Mexico. SpinLaunch SpinLaunch, a start-up that is building an alternative method of launching spacecraft to orbit, last month conducted the successful first test flight of a prototype in New Mexico. The
A butcher stocks a display case with packages of steaks at a Costco store on May 24, 2021 in Novato, California. Justin Sullivan | Getty Images The consumer price index is expected to have risen nearly 6% in October, the most in three decades. Inflation could remain elevated into early next year, as rents and
There are pros and cons to the use of convertible bonds as a means of financing by corporations. One of several advantages of this method of equity financing is a delayed dilution of common stock and earnings per share (EPS). Another is that the company can offer the bond at a lower coupon rate – less
So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected
InvestorPlace columnist Larry Ramer recently argued that Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Qualcomm (NASDAQ:QCOM) would become potential buyers of BlackBerry (NYSE:BB) once they become more familiar with the company’s QNX operating system. Ramer believes that’s a good reason to buy BB stock. Source: Shutterstock “[C]ompanies can’t hire enough cybersecurity experts to protect themselves from ruinous hacks,
Facebook — now known as Meta Platforms (NASDAQ:FB) — is trying to change the narrative to a positive tone with its new name and upcoming MVRS ticker change on Dec. 1. That will help investors get excited about FB stock again. This includes its new focus on the metaverse and its desire to move into
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
In this article FUBO ACB-CA POSH COIN DASH Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Coinbase — Shares of Coinbase dropped more
As with most penny stocks, caution is warranted with Farmmi (NASDAQ:FAMI) shares. To some, the Chinese firm that focuses on processing and selling agricultural products — mainly mushrooms and other edible fungi — may seem like a bargain. As FAMI stock traded above $2 back in February and now trades at a mere 34 cents,
Facing potentially huge competition and generating gigantic losses, Affirm (NASDAQ:AFRM) stock has a poor outlook at this point. Source: Piotr Swat / Shutterstock.com Affirm has developed a Buy Now Pay Later (BNPL) offering. BNPL allows consumers to buy items now and pay for them in fixed installments. Sometimes Affirm’s BNPL factors in interest payments, while
In an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. Source: iQoncept/ShutterStock.com The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social. Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its