Stock Market

Novavax’s Covid-19 vaccine still isn’t approved for use in the U.S. With the pandemic in full retreat and the majority of people now fully vaccinated, demand for Novavax’s vaccine is likely to be weak. Rival pharmaceutical companies Pfizer and Moderna have beat Novavax to market with multiple Covid-19 treatments. Source: rarrarorro / Shutterstock.com Any hope
0 Comments
Rivian Automotive (NASDAQ:RIVN) shares are down more than 14% in Monday’s pre-market trading. The electric vehicle (EV) maker’s stock price is falling on the news that Ford (NYSE:F) is selling eight million of the 102 million Rivian shares it owns. Some speculation suggests Amazon (NASDAQ:AMZN) — which holds approximately 158 million shares (18%) — could
0 Comments
The number of zombie companies ebbs and flows with economic cycles and usually increases during recessionary periods. Diebold Nixdorf (DBD): The ATM machines business contributes to top-line growth as customers increasingly shift toward automation and self-service. Mattel (MAT): The toy company plans to produce more than a dozen movies, including the highly anticipated Barbie movie in 2023.
0 Comments
Snowflake (SNOW) has lost half its value as investors abandon money-losing tech companies. SNOW stock has positive operating cash flow and enough cash to get through a recession. Speculators are waiting for their opportunity to pounce. Source: Sundry Photography / Shutterstock Snowflake (NASDAQ:SNOW), the data warehouse stock technically based in Montana, has lost half its
0 Comments
EV upstart Lucid Motors (NASDAQ:LCID) delivered a strong earnings beat with its first-quarter results. Investors were lackadaisical, though, as LCID stock shed close to 12% of its value on its post-earnings sell-off. Analysts were expecting the EV firm to lose 31 cents per share on sales of $55.6 million. However, actual results came in significantly
0 Comments
While the benchmark ETF has printed the “death cross,” this should not cloud your decision-making process one way or the other. Certain phenomena are neither guaranteed to follow their stated implications or move in the contrarian direction. Especially under current ambiguous circumstances, it’s best to stay grounded in the fundamentals. Source: 22 TREE HOUSE /
0 Comments
iBuying giant Opendoor Technologies (NASDAQ:OPEN) has suffered more than it deserved. In an attempt to transform the real estate industry, the company came under fire over the past few months and it reflected on OPEN stock. It is down 63% over the past six months and is trading below $10 today. The stock was once trading as
0 Comments
Twilio (TWLO) has surface-level appeal from a revenue-growth standpoint On the other hand, the company isn’t profitable, and is only digging a deeper financial hole for itself Investors should consider just avoiding Twilio altogether, even if they feel strongly about the future of cloud-based digital communications Source: Tada Images / Shutterstock.com At first glance, cloud-communications
0 Comments