In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
Israeli online freelancer platform Fiverr (NYSE:FVRR) is the definition of a mixed bag. The company has some key strengths that are balanced out by some equally important weaknesses. I typically find it’s best to avoid companies like this unless their shares are trading at a very attractive valuation. In the case of FVRR stock, that
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The state of Texas experienced peak oil production in 1972. Afterward, production dwindled until the early 2000s. Production has more than doubled since Jan. 1999 when over 39 million barrels were produced in the state. For 2019, 1.85 billion barrels were produced across the state of Texas, marking the highest year of oil production in
Stocks can be many things, but they surely include elements of risk as investors’ seek to build wealth. Camber Energy (NYSE:CEI) stock has been making headlines for its very volatile price action – and it appears to have room for further volatility. Source: Shutterstock The real questions related to the volatility of CEI stock are whether
Airbnb (NASDAQ:ABNB) reported a blowout Q2 on Aug. 12. This may not be apparent at first since the travel booking company’s net income loss was $68 million on $1.335 million in sales. But its free cash flow results were simply amazing. As a result, I estimate that ABNB stock could be worth as much as
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
ContextLogic (NASDAQ:WISH) stock has kept falling this year, especially after its disastrous second-quarter results. WISH stock reached a recent peak on June 28 at $14.40 and has slumped to $5.18 as of Oct. 13. Source: sdx15 / Shutterstock.com In fact, as of Oct. 13, the stock is down more than 71.6% from $18.24 year-to-date. Investors
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
In this article PLUG .BBKA DAL BLK HAS JPM Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase reported a profit of $3.74 per share for the third quarter, compared with a consensus estimate of $3.00, while revenue also topped Wall Street forecasts. CEO Jamie Dimon said the quarter
With its drop-off in price since last month’s short-squeeze rally, Vinco Ventures (NASDAQ:BBIG) may look to many like a “flavor of the month” penny stock. And true, BBIG stock does still need to live up to the hype. But at the same time, I wouldn’t write this one off as an opportunity. Source: shutterstock.com/Postmodern Studio
Zoom Video Communications (NASDAQ:ZM) was one of the prime beneficiaries of the coronavirus pandemic. It closed out 2020 with a colossal run rate of $3.5 million in revenues. However, judging from recent results, its top- and bottom-line growth are slowing as we inch closer to a post-pandemic reality. Moreover, ZM stock is incredibly overvalued based
We bring back one of our most popular guests, investment expert Lyn Alden. Together, we explore how to build a global portfolio. Lyn teaches us how we can determine the most attractive equity markets, how to identify red flags, and how we can protect ourselves against inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro
People constantly wonder how to spot a healthy movement in a stock… So what is the point of knowing if a stock’s price action or movement is healthy? If you understand a healthy move you will be able to stay in the trend longer and make more money. This will give you a better insight
Kevin Matras goes over a powerful short selling screen to make money as the market goes down. Highlighted stocks include BKH, FII, FWLT, KMX and NWN.
The National Bureau of Economic Research (NBER) defines a recession as “a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale-retail trade.” A recession is also believed to be signaled when businesses cease to expand, the GDP diminishes for two consecutive
On the surface, Detroit-based Rocket Companies (NYSE:RKT) is what contrarian investors would consider an ideal company. Formerly known as Quicken Loans, it is one of the largest mortgage lenders in the U.S. Its business consists of personal finance and consumer service brands. RKT stock is down nearly 22% year-to-date. Source: Shutterstock Contrarian investing is about buying
Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t