In this article AMD DAL TSLA COTY Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Infrastructure stocks — Industrial stocks
On Nov. 8, 2021, Randal K. Quarles submitted his resignation as a member of the Federal Reserve Board (FRB) to President Joe Biden, effective sometime “during or around the last week” of December 2021, when his term expires. The upshot of Quarles’ resignation is that President Biden may be able to fill as many as
Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17
Lucid Group (NASDAQ:LCID) stock has been on a tear. It’s up 59% in the past month and 317% year to date. Source: Around the World Photos / Shutterstock.com Much of that short-term run is because the company actually rolled 20 cars out of its factory and delivered them. I guess that this is where we are
Phunware (NASDAQ:PHUN) is a mobile phone SaaS (Software as a Service) company that just raised a pile of cash. In a recent presentation that the company gave at a Benzinga conference, Phunware said that it now has $66 million in cash on its balance sheet. That’s probably enough to justify its inflated $365 million market
In this article SDC RBLX TRIP HOOD ZNGA PYPL TripAdvisor app Source: TripAdvisor Check out the companies making headlines in after hours trading: Roblox — Roblox shares surged 30% following the online gaming platform’s quarterly results. The company reported revenue of $637.8 million during the period, ahead of the $636.5 million Wall Street was expecting,
Palantir Technologies (NYSE:PLTR) announced its latest group of 10 early-stage companies to join its Foundry for Builders initiative. Launched in July, I continue to be fascinated by the initiative’s potential to move PLTR stock higher. Source: Ascannio / Shutterstock.com Here’s why I feel this way. Over the past month, Palantir stock has gained 14%. As
Ocugen (NASDAQ:OCGN) stock didn’t move much on a recent announcement that it had applied to the FDA for a new emergency use authorization (EUA) for the Covaxin coronavirus vaccine. Source: shutterstock.com/PhotobyTawat This EUA is for people between the ages of two and 18, but the move is extremely unlikely to prevent OCGN stock from sliding in
Roku’s (NASDAQ:ROKU) streak of bad luck, driven largely by macro trends out of its control, is continuing. Nonetheless, I believe that periodically buying ROKU stock on its pullbacks will prove to be a winning strategy for investors. Source: Fozan Ns / Shutterstock.com That’s because Roku continues to deliver very strong results, while the concerns about
After years of boosting CVS Health (NYSE:CVS) stock, I recently gave up and took a profit of 15% won over 7 months. Maybe I should have stayed in. Since I sold my CVS stock, the share price is up almost 12%. Source: Roman Tiraspolsky / Shutterstock.com Its recent gain is even better than that of United Healthcare
In this article ETH.CM= BTC.CM= Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” the founder of Mobius Capital Partners said on “Squawk Box.” “People should not
In this article PLNT REGN W VIAC MRNA BKNG Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share,
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties. Wynn: https://www.zacks.com/stock/quote/WYNN?cid=CS-YOUTUBE-FT-VID Gaming and Leisure Properties: https://www.zacks.com/stock/quote/GLPI?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like
What Are Bitcoin Futures? Bitcoin futures enable investors to gain exposure to Bitcoin (BTCUSD) without having to hold the underlying cryptocurrency. They are similar to a futures contract for a commodity or stock index in that they allow investors to speculate on the cryptocurrency’s future price. The Chicago Mercantile Exchange (CME) offers monthly contracts for
Although all eyes have been on the searing path that benchmark equity indices have blazed in 2021, initial public offerings (IPOs) have had their own impressive bull market. In fact, Reuters reported in mid-June that U.S. IPOs hit an annual record in less than six months. So if 2020 was the year of the novel
Palantir Technologies (NYSE:PLTR) hasn’t fully recovered since pulling back with the overall market in late September. But PLTR stock has still managed to slowly move higher in recent weeks. Source: Ascannio / Shutterstock.com To some extent, this uptrend makes sense. After all, the “story” behind this stock remains intact. The company has continued to post strong
The renewable energy industry is booming. While it only supplies less than a quarter of the power generated today, this will change drastically by 2040. Its share is expected to grow in excess of 40% by 2040, as new technologies are developed for wind and solar energy production. Therefore, in line with the fast-changing energy
In this article F CZR SHOO Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters It seems each passing trading session brings a torrent of quarterly earnings and sharp swings for the stocks of the companies reporting results. Positive prints can have
In this article QCOM QRVO Medical syringe is seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares tumbled 19% after a weaker-than-expected quarterly report. The drug
I first came in contact with Palantir (NYSE:PLTR) stock earlier this year and immediately knew it was something special. The underlying bullish thesis was clear, so I traded it successfully in the past few months. The easiest opportunities came when it fell in sympathy to other small-cap stocks. Source: Ascannio / Shutterstock.com The problem with