In this article SOFI HOOD HD RIVN A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer
Skillz (NYSE:SKLZ) stock didn’t take much of a licking after it released unimpressive third-quarter results on Nov. 3. Source: NYCStock / Shutterstock.com The major news coming out of the earnings report was how much the online gaming company is spending on marketing expenses, 112% of revenue to be precise. Naturally, the earnings report is not why
The EV Revolution is in full-swing right now. Tesla (NASDAQ:TSLA) just passed the trillion-dollar valuation mark. Lucid Group (NASDAQ:LCID) just rolled out its first cars with 500+ miles of driving range. Rivian (NASDAQ:RIVN) just had the biggest initial public offering since Facebook. Every legacy automaker — from Ford to GM to Volkswagen — is investing
Without a doubt, Robinhood Markets (NASDAQ:HOOD) has changed the way that many people invest. The platform is so popular that the idea of “Robinhood stocks” became a thing for people to follow. Part of the reason for this is the easy functionality of the Robinhood app. It’s so easy to use, some detractors complain that
Before the COVID-19 pandemic, Merck (NYSE:MRK) stock was a good one to own. The performance of Merck stock matched that of the S&P 500, and it paid a steadily rising dividend. Source: Atmosphere1 / Shutterstock.com Since then, the obsession with growth and vaccines has told a different story. Over the last two years the average
Take a look at some of the biggest movers in the premarket: Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said
Some people consider “early retirement” to mean leaving the workforce at age 55, but most of us do not take this path. Unless you’re lucky enough to have a full pension and benefits that kick in that early—such as full military retirement or from work as a police officer or firefighter—you’ll probably need to work
GameStop (NYSE:GME) stock is pulling back after its recent surge. But by-and-large, not much has changed for it. As with AMC Entertainment (NYSE:AMC), a core base of retail traders (“Apes,” as they sometimes call themselves) continue to hold onto their GME stock. Source: Shutterstock / mundissima To keep these investors happy and to remain in
Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock
There’s a pretty good chance that you haven’t spent much of your time thinking about functional materials. As an enterprising investor, however, you could discover serious profit potential with Meta Materials (NASDAQ:MMAT), as MMAT stock offers pure-play exposure to this high-conviction market. Source: Yuriy Golub / Shutterstock.com To put it simply, meta materials are a
Pedestrians carry Macy’s shopping bags in San Francisco, California, U.S., on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists
Barron’s reported on Nov. 8 that the New York State Teachers’ Retirement System sold 13,601 shares of GameStop (NYSE:GME) stock in the third quarter Source: quietbits / Shutterstock.com Fear not, meme-stock lovers. The pension fund still owns 61,150 shares of GME stock. According to WhaleWisdom.com, GameStop is the pension fund’s 532nd-largest holding, so it’s clearly
Crispr Therapeutics (NASDAQ:CRSP) stock holds a special place in business history. Source: rafapress / Shutterstock.com Crispr was the first public company to emerge based on the gene editing technology called CRISPR-CAS9 . Half of the 2020 Nobel Prize in chemistry went to Crispr co-founder Emmanuelle Charpentier. But great science doesn’t always make for a great
If 2020 was the year of the novel coronavirus, 2021 could be considered the year of excess. From cryptocurrencies to meme trades to initial public offerings (including the much-publicized special purpose acquisition companies), the market has moved quickly — perhaps too quickly. However, Dutch Bros (NYSE:BROS) stock demonstrates that hype doesn’t always portend disaster. Source:
The worst curse you can lay on any stock today is to call it “value.” Source: Twin Design / Shutterstock.com Value, especially as it pertains to sharing earnings with investors in the form of dividends, has become pure foolishness, particularly in the tech industry. If they’re handing out cash, investors suspect, management must not have
Take a look at some of the biggest movers in the premarket: Oatly (OTLY) – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said
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Before applying for a credit card, ask yourself this important question: How likely am I to be approved? There are two reasons why that question matters. First, understanding the odds of being approved for a credit card can save you time. You can narrow your search for a card to the ones for which you’re
BlackBerry’s (NYSE:BB) lackluster operating performance indicates that it is unlikely to create long-term value. Though one of its core products, QNX, continues to gain traction, it’s hardly enough to generate meaningful returns for the company. Moreover, with its management’s spotty track record, it seems improbable that they would wisely allocate the proceeds from the sale
What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while