Troika Media Group (NASDAQ:TRKA) is a penny stock that has garnered investor attention in the past month. During late February and early March, TRKA stock went “to the moon,” as they say. During this time, shares zoomed from 25 cents to 99 cents per share. However, much like how things usually play out for “flavor
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In this article, we’ll look at what stocks Democratic congressmen are buying. The reason? Simple. Many investors believe U.S. lawmakers have the inside track regarding the stock market. Hence, stock pickers are increasingly monitoring their trades to see if they fit their investment profile. Last September, former House Speaker Nancy Pelosi announced that the Senate
Experts’ opinions shouldn’t be treated as gospel, but they can help investors make sense of the data that’s available. In the case of Amazon (NASDAQ:AMZN), analysts on Wall Street are generally bullish and envision higher prices for AMZN stock. If you agree with their assessment, you could decide to take a share position in Amazon right
After attempting to rebound earlier this year, Mullen Automotive (NASDAQ:MULN) shares have experienced another sharp price decline over the past month. Now trading for just over a dime, MULN stock is now more than ever in the stock market scrapyard. Yet while the market may have written off Mullen as an investment opportunity, Microsoft’s (NASDAQ:MSFT)
Amongst investors, sentiment for Lucid Group (NASDAQ:LCID) has clearly swung back to bearish. However, among the Wall Street analyst community, opinions on LCID stock differ. Sure, some sell-side analysts have downgraded the electric vehicle maker’s shares recently. Many other analysts, though, have maintained bullish ratings on the stock, but have reduced their price targets. With
When GameStop (NYSE:GME) reports earnings on March 21 after markets close, Wall Street expects a damp squib. Analysts anticipate revenues of only $2.18 billion, 3.2% less than last year’s figures. And net income should clock in at a -$48.5 million loss. Fewer new console games… a reduced store count… bad news from suppliers… we’re probably seeing
Shares of short squeeze stock Troika Media Group (NASDAQ:TRKA) collapsed 40% on March 7 after the firm released its latest financial report. It was bad. Although the firm posted a robust $187.9 million in revenues, earnings fell far short of even my most conservative estimates. Adjusted EBITDA barely reached $5 million in the six months
You might not be able to buy non-fungible tokens (NFTs) directly from your broker, but you can invest in some businesses that are involved in the NFT space. One of those businesses is Troika Media Group (NASDAQ:TRKA), which is deeply immersed in the digital-goods market. Yet, this hasn’t resulted in a sustained rally for TRKA stock,
There’s a lot going on with California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN), but it’s not all positive news. As we’ll discover, $1 is a crucial level for MULN stock, and investors have to consider that a delisting might happen in 2023. Mullen Automotive also has other problems that prospective shareholders need to consider before
Investors shunned shares in electric vehicle startups last month, and Lucid Group (NASDAQ:LCID) was, of course, no exception. The overall shift in sentiment about the EV sector, coupled with a poorly received quarterly earnings report, resulted in a big drop for LCID stock. This pullback carried over into March, but shares have been climbing higher
After getting knocked significantly lower during 2022, shares in Nvidia (NASDAQ:NVDA) have made a stunning comeback so far in 2023. Year-to-date, NVDA stock is up by around 78.5%, driven by the recent wave of “A.I. mania.” With Nvidia supplying the GPUs used to power OpenAI’s ChatGPT platform, investors are on the money for buying NVDA
Editor’s note: “QuantumScape: The ‘Forever Battery’ Stock With Millionaire-Maker Potential” was previously published in March 2022. It has since been updated to include the most relevant information available. Imagine having a $10,000 investment that grew to over $40 million dollars. Well, let me let you in on a little secret. The best way to become
What are well-heeled investors buying nowadays? As we’ll discover, some of them are taking share positions in machine-learning software specialist C3.ai (NYSE:AI). There’s conviction in AI stock as it provides direct exposure to the artificial intelligence (AI) market, which has strong upside potential. 2023 might be remembered as the year when machine learning was thrust into
Last month, it appeared as though the market was warming back up to Rivian Automotive (NASDAQ:RIVN) stock since it was trending higher. Largely, because of growing speculation that the electric vehicle maker would report strong production guidance in its then-upcoming quarterly earnings release on Feb. 28. But just ahead of earnings, shares moved lower. After
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When you think about artificial intelligence (AI), New York-based enterprise automation software maker UiPath (NYSE: PATH) probably isn’t the first company that comes to mind. Yet, UiPath is actually immersed in AI, and the company has a notable partnership with the almighty Amazon (NASDAQ:AMZN). So, while it won’t always be a smooth ride, expect PATH
After starting off the year with a big move higher, the latest wave of fear and uncertainty has knocked Amazon (NASDAQ:AMZN) lower in recent weeks. With this, like with other FAANG stocks, growth and value investors alike are once again calling a bottom with AMZN stock. On the surface, the argument some are making about
Last week ended with a bang and this week started with one. The regional banking crisis has reintroduced a wave of volatility into the financial system, something we’re seeing all across the board. Now more than ever it has investors looking at the hot stocks for tomorrow. SVB Financial (NASDAQ:SIVB) failed late last week and
To most investors, the term “funding secured” should be music to their ears. In 2018, Tesla (NASDAQ:TSLA) shares jumped 11% when CEO Elon Musk tweeted that he would take his firm private for a… high… $420 per share. And many businesses today owe their existence to their fundraising skills. According to Thomson Reuters, 31% of
Are you afraid to invest in the banking sector in 2023? There’s no need to be, as app-based bank SoFi Technologies (NASDAQ:SOFI) is quite different from its competitors. Naturally, SOFI stock will have its ups and downs this year. Yet, there are multiple reasons to expect SoFi Technologies to deliver outstanding value to its shareholders. Don’t
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