Tech stocks just did something they haven’t since 2008. And it’s confirming that peak divergence is teeing things up for a historic breakout. Source: Shutterstock At the same time, the broader market will struggle and potentially crash. Folks, I cannot emphasize this enough. The evidence is becoming overwhelming — indisputable, even. And it just keeps piling
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 /
Cassava Sciences (NASDAQ:SAVA) is a small biotechnology company. It is focused on a drug, simufilam, which it believes may help treat patients with Alzheimer’s disease. SAVA stock ran up more than 1,000% at one point last year on hopes of an imminent breakthrough in the treatment of Alzheimer’s. However, that euphoria has given way in
In this article MRNA UBER EAT GNRC TUP LYFT Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries also continued to grow. Brinker International
Buying vs. Renting in San Francisco: An Overview According to Payscale, the average salary in San Francisco was $104,000, as of Apr. 13, 2022. Wage trends in the city increased by 1.0% in the first quarter of 2022 versus the prior quarter. The cost of living, though, is higher than the national average by 80%.
Amazon (NASDAQ:AMZN) is down 15% since it released its first-quarter results on April 28. The online merchant had a massive outflow of free cash flow (FCF) in the last 12 months. This does not bode well for AMZN stock going forward. The reason is its FCF, after including repayments of finance leases and financing obligations, was
The palm oil ban in Indonesia will increase prices for alternatives including soybean oil and canola oil. Archer-Daniels Midland (ADM) will benefit as soybean oil gets a boost from Indonesia’s palm oil export bans. Bunge (BG) is attractive for many of the same reasons as ADM. An ETF like Teucrium Soybean Fund (SOYB) is a
Mullen Automotive (MULN) is short on cash and big on promises. Short sellers have targeted the stock with a devastating report. Please don’t waste your money. Source: Ringo Chiu / Shutterstock.com Mullen Automotive (NASDAQ:MULN) has most of the ingredients you look for in a pre-revenue electric vehicle (EV) company. Except for money. Mullen has an
In this article ABNB LYFT AMD SBUX MTCH SMCI AKAM The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. Lucy Nicholson | Reuters Check out the companies making headlines after the bell: Lyft — The ridesharing stock plummeted 23% in extended trading despite reporting a beat on revenue and an
What exactly is a stock? -If you purchase stock in Google, you own a small fraction of Google. -When you purchase stock, you’re buying a piece of the company. -People buy stock in order to invest -Companies sell stock in order to gain revenue (money to build/grow the company) Example -A person starts a candy
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
With consumers growing weary of the new normal, restaurant stocks may absorb downwind benefits as people take that long overdue vacation. Darden Restaurants (DRI): Featuring over 1,800 locations, Darden features a wide footprint to absorb domestic travel demand. McDonald’s (MCD): An icon of capitalism, over 85% of Americans eat at McDonald’s at least once a
Paysafe Limited (PSFE) stock has declined almost 80% in a year and there is still room for more weakness. Restructuring has become a recurring expense. The balance sheet could take heavy knocks if ongoing reorganization attempts fail to deliver sustainable growth. Source: Sulastri Sulastri / Shutterstock.com In an earnings presentation in March, Paysafe Limited’s (NASDAQ:PSFE) management
In this article VRRM Thomas Winz | The Image Bank | Getty Images Company: Verra Mobility (VRRM) Business: Verra Mobility operates through two segments: (i) Commercial Services: the market-leading provider of automated toll and violations management and title and registration solutions to rental car companies, fleet management companies, municipalities, school districts and violation issuing authorities;
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue came in below analysts’ forecasts for the media company, amid increasing video streaming competition and weak ad sales growth. Logitech (LOGI) – Logitech
All of the companies traded on the Nasdaq have four-lettered ticker symbols, which are representative of the actual company. For example, the ticker symbol for Nasdaq-traded Microsoft is MSFT. However, in some cases, a ticker symbol on the Nasdaq will have five letters, and the fifth letter is an identifier symbol that tells market participants something
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
Black Rifle Coffee Company (BRCC) stock is currently trading at a discount. At the same time, Black Rifle is demonstrating impressive revenue growth and rapidly building its community. Investors with a tolerance for risk can consider a moderate position in the company’s stock shares now. Source: YuniqueB / Shutterstock Looking for some tasty profits? Utah-headquartered
The Federal Reserve’s rate hike can have a negative effect on the market, and these are some stocks to sell before the hike hits. Tesla (TSLA): Overvaluation and cheaper EV competitors makes it a sell during an economic decline. Amazon (AMZN): Recent downturn is likely to continue due to decline in online shopping growth and
In this article HOOD BRK.A People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Berkshire Hathaway Vice