It’s been a tough year for tech stocks. Especially social media stocks. Major names in the space have given a large chunk of their respective pandemic era gains. With Snap (NYSE:SNAP), the pullback has been even more severe. SNAP stock has given back all of its gains and has fallen back to price levels last
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In this article SPCE IRBT LYFT CVNA WBD Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama
The stock market is still in the process of absorbing the many macro concerns that have been top of mind so far in 2022. This may make investing in today’s environment frustrating. However, the best course of action may be to take advantage of the uncertainty and consider loading up on the best long-term stocks
On today’s episode, Preston and Stig talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion, Dr. Smith talks about the current market conditions and which industries might perform the best for the rest of 2018. IN THIS EPISODE, YOU’LL
There’s a lot of things you can do when it comes to reading stock charts. You can play with a lot of different tools and make your charts look great, to be more efficient and make better trading decisions. So today, I’m going to share with you 6 tips to reading and understanding stock charts
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Arizona-based Opendoor Technologies (NASDAQ:OPEN) provides a digital marketplace for real estate. The company offers a tech-enhanced platform that can simplify the process of buying or selling a home. It’s a good business model in theory, but OPEN stock holders are still struggling in 2022. They’re likely to continue having problems because the housing market is
Source: Viacheslav Lopatin / Shutterstock.com Just when we thought we were putting pandemics and public health crises behind us, “monkeypox” arises. Over the past few weeks, it’s raised eyebrows and guards. And now the new disease is spreading rapidly across the United States. While less fatal than COVID-19, monkeypox is often more physically uncomfortable than COVID.
Today we’re pitting analyst against analyst, as one Wall Street expert seems to like Palantir Technologies (NYSE:PLTR) while another is decidedly cautious. At the same time, PLTR stock could get a nice boost as it secures a deal with the U.S. military that’s worth many millions of dollars. Palantir offers an array of tech-focused solutions to
Electric vehicle startup Rivian Automotive (NASDAQ:RIVN) is truly unafraid to disrupt the automotive market as we know it. The company is preparing to build a large-scale wind turbine in Normal, Illinois. Not only that, but Rivian is opening three fast-charging locations in Colorado and California. For a high-conviction holding that’s bound to benefit from America’s electrification
California-based Roblox (NYSE:RBLX) is known for providing gamers with a fun, immersive and interactive platform. There are risks involved for RBLX stock investors as the metaverse is still an emerging field. However, there’s strong upside potential as Roblox can monetize its platform in several ways. The Roblox gaming platform might appeal to young folks, but it’s
Trying to find a good bargain seems tough these days, but there are certainly opportunities for savvy investors. Looking for cheap blue-chip stocks to buy before they rebound is a smart strategy right now. As anyone that has been grocery shopping, to the gas pump or out for a night on the town can attest,
Check out the companies making headlines before the bell: Expedia (EXPE) – The travel website operator’s stock jumped 5.4% in the premarket after Expedia beat top and bottom line estimates in its latest quarterly report. Travel demand was strong, with lodging revenue up 57% from a year ago and airline ticket revenue up 22%. Block
Source: Shutterstock Clean energy has been growing at a fast pace over the past decade. In particular, investments in the industry have ramped up substantially in recent years due to rising adoption of wind, solar and other renewable energy sources. Last year, the U.S. Senate passed a massive $1 trillion infrastructure package, with a major
This earnings season has definitely highlighted the winners and losers on Wall Street. It has also helped investors identify large-cap tech stocks to sell now. Over the last few days, investors have gained confidence thanks to positive economic data, better-than-expected earnings, and Federal Reserve optimism. The trio of upbeat information drove two-month highs in the
In this article BYND BYND AMC WBD A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: DoorDash — Shares of the food delivery company popped 12% after a revenue beat. DoorDash
[Editor’s note: “4 EV Stocks to Sell Before the Great EV Consolidation Kills Them” was previously published in June 2022. It has since been updated to include the most relevant information available.] Back in June, reports of electric van maker Electric Last Mile Solutions’ (ELMS) bankruptcy filing flew under the market news radar. Electric Last
Macroeconomic headwinds continue to weigh on fintech stocks, and PayPal (NASDAQ:PYPL) is no exception. However, a recent development is helping to renew interest in this digital-first provider of payment solutions and other financial services. Activist hedge fund Elliott Investment Management is building a stake in PYPL stock. Per news reports, Elliott’s plan is to push
Skillz (NYSE:SKLZ) has been recovering from a sharp decline in recent weeks. To some, this may look like the start of a recovery for shares in the mobile gaming platform operator, but make no mistake. What has played out with SKLZ stock is little more than a dead cat bounce. In other words, what we
Streaming device company Roku (NASDAQ:ROKU) recently released its second-quarter 2022 financial results. Immediately after those results were made public, ROKU stock plummeted. The company tried to spin its results as positive, but Wall Street’s clearly not buying it. It’s been a busy earnings season, and there have been some big winners and some huge losers along