Traders on the floor of the New York Stock Exchange, with Blend signage, July 16, 2021. Source: NYSE Strategists see more selling ahead after stocks sold off Tuesday, led downward by tech and large cap growth names. A sharp jump in interest rates over the last several sessions stung the market, particularly the growth names.
Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters This is a very tricky moment for the markets. The market is in the middle of another rise in interest rates, which is causing traders and investors to move a lot of stocks around. Political dysfunction
In this article LCID MU SHW Micron Technology headquarters in Biose, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Sherwin-Williams — The paint company saw its stock fall 3% in extended trading after the company lowered its third-quarter sales guidance. “The persistent
Biotech stocks are infamously one of the most volatile sectors in the stock market. Investors often venture into speculative companies with no proven pipelines. Emerging firms with a pipeline of drugs and products still in the clinical phase post little to no revenue. They raise cash by tapping capital markets to pay for research and
Just one month ago, sentiment surrounding mobile e-commerce company ContextLogic (NASDAQ:WISH) was positive. Seven analysts considered WISH stock a “buy” and four others rated the stock a “hold.” But these days, sentiment has darkened considerably. Currently, only three analysts have a “buy” rating on WISH stock, with six saying it’s a “hold” and two more
Many skills are required for trading successfully in the financial markets. They include the abilities to evaluate a company’s fundamentals and to determine the direction of a stock’s trend. But neither of these technical skills is as important as the trader’s mindset. Containing emotion, thinking quickly, and exercising discipline are components of what we might call trading
There are a number of space-related investments out there nowadays. Yet, Rocket Lab USA (NASDAQ:RKLB) is different from the others. RKLB stock was just listed recently, and it already has the trading community talking. Source: 3Dsculptor / Shutterstock.com For one thing, Rocket Lab isn’t celebrity-driven. So, if you’re seeking exposure to businesses that directly cater to
In this article OMEG Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images SPACs are getting a much-needed reality check after investors and regulators grow wary of the Wall Street craze, and the majority of deals could
Take a look at some of the biggest movers in the premarket: Ford (F) – Ford is accelerating its push into electric vehicles, with plans for a new U.S. assembly plant and three battery factories. Ford and South Korean partner SK Innovation will invest more than $11 billion in the project. Ford shares rose 3.3%
Artificial intelligence (AI) has been the focal point of science fiction for the longest time. However, in 2021, it has become an inevitable reality for many companies. Most of us think of fancy gadgets and sentient robots when it comes to AI. But a lot of it revolves around complex algorithms and software, which enable
Greenidge Generation Holdings (NASDAQ:GREE) stock closed its first day of trading as a public company, with down 58%. Source: Mark Agnor / Shutterstock.com In the six days of trading since then, it’s lost another 41%. It trades today at just above $25. Based on 9.63 million Class A and 29.04 Class B shares outstanding, the bitcoin/power
Robinhood (NASDAQ:HOOD) stock looks great again, and the company’s management responded by pushing ahead with a cryptocurrency wallet. This puts it in competition with a host of companies including Coinbase (NASDAQ:COIN). The company is also thinking of adding crypto assets to its balance sheet, which could boost HOOD stock. Source: OpturaDesign / Shutterstock.com Unlike Robinhood’s original
Hey everybody, Dave Bartosiak with Trending Stocks at Zacks.com. Remember, not too long ago, when Tesla was the only name in the EV space? You were either pro dinosaur fuel or pro environment, there was no in between. If you loved the environment, your tree hugging self had an effigy to Elon Musk, and you
In this article WFC Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020. Andrew Harrer | Bloomberg | Getty Images Wells Fargo paid $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Energy stocks led the S&P 500 on Monday as oil prices climbed amid supply concerns driven
Production Preview Week 1 is on deck for Lucid Motors (NASDAQ:LCID), and people are taking notice. After all, this is a literal door-opening event, and LCID stock is up a few percent today alone. And there’s still more to come. Source: Around the World Photos / Shutterstock.com Long story short, Lucid Motors has long claimed
MicroVision (NASDAQ:MVIS) is still up for sale, at least according to the company’s latest 10-Q report. The reason is pretty simple. It still only has one customer for its Lidar products. And that is on a royalty revenue basis. This leaves MVIS stock fairly overvalued at the present time. Source: shutterstock.com/temp-64GTX I have written about
A possible shutdown of the U.S. federal government is looming as the government reaches the end of its fiscal year on Sept. 30, 2021, with funding for its operations expiring at the end of that day. A key point of contention is a bipartisan infrastructure bill, debate over which is holding up the passage of
When was the last time you seriously thought about investing in a Swiss shoemaker? Probably never, but there’s a unique opportunity here as On Holding (NYSE:ONON) is no ordinary sneaker manufacturer and ONON stock is a fast mover. Source: shutterstock.com/New Africa The company’s initial public offering (IPO) just recently took place, and InvestorPlace contributor Brenden Rearick opined
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales