EVGO had an operating loss of $90 million in 2022. EVGo’s growth depends on a mass market for electric cars in America. That market is still a few years away. So is EVGo’s potential profit. EVGo (NASDAQ:EVGO), a car charging company whose stock came public last July through a SPAC (special purpose acquisition company), remains
In this article GME NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday
New Home Construction by KB Home in California Bloomberg | Getty Images Check out the stocks making headlines in extended trading on Wednesday. KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company
Nio (NIO) reports Q4 2021 results on March 24 after the markets close Shareholders want to know how much money it lost in 2021 Investors should wait for the earnings report to buy Nio stock On March 24, the Chinese electric vehicle (EV) maker Nio (NYSE:NIO) reports its fourth quarter 2021 results. The company’s trailing
Lumen Technologies(LUMN) is expanding into edge-computing infrastructure to facilitate the blockchain. Meanwhile, the company continues to trade at a low multiple and pay high dividend distributions. Investors should buy some shares of Lumen Technologies while the price is still reasonable. Louisiana-headquartered Lumen Technologies (NYSE:LUMN) was formerly known as CenturyLink, a company noted for its extensive fiber-optic network.
When investors get pulled into markets like the one we’re in today, some investors hunker down, some sell, and some look for opportunities. I’m featuring F-rated Portfolio Grader stocks here because if you’re going to bottom fish, don’t snag a log thinking it’s a lunker. The stocks here come from a variety of sectors. But
Taiwan Semiconductor (TSM), the largest semiconductor chip maker, is at a trough This is despite the world market experiencing a massive chip shortage — which normally indicate TSMC stock would peak Expect TSMC stock to move higher as the effects of the chip shortage continue to multiply through the global economy. Taiwan Semiconductor Manufacturing Inc. (NYSE:TSM)
When you apply for a mortgage, the lender will typically require a down payment equal to 20% of the home’s purchase price. If a borrower can’t afford that amount, a lender will likely look at the loan as a riskier investment and require that the homebuyer take out PMI, also known as private mortgage insurance, as
A ticker symbol is a short version of a company name. Benefits of Ticker Symbols: -Every ticker symbol is unique (some companies have similar names and this eliminates confusion) -It is faster to type than a full company name -Faster for trade executions Examples: -McDonald’s = MCD -Facebook = FB -Caterpillar = Cat -Google =
Kevin Matras screens for bullish chart pattern set-ups with the best fundamentals.
In this article OXY Wall Street legends Carl Icahn and Warren Buffett have taken different approaches to shares of Occidental Petroleum in recent weeks. Icahn had been selling to exit his long equity position. Buffett’s conglomerate, Berkshire Hathaway, has been building a position worth billions. In an interview Tuesday on CNBC’s “Closing Bell: Overtime,” Icahn
In this article CCL BABA DDOG OKTA NKE A man with Nike bags talks on the phone in front of a Nike store as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Check out the companies making headlines in midday trading. Nike
Black Rifle Coffee (NYSE:BRCC) stock recently went public last month via a special purpose acquisition company (SPAC) deal. I was quite surprised by how well the stock has held its price. BRCC jumped nearly 43% on the company’s first day of de-SPACing. The stock had reached a high of $22 before dropping to its current
Opendoor Technologies (NASDAQ:OPEN) stock deserves to fall. With interest rates rising, its prospects look even bleaker moving forward. Source: Tada Images / Shutterstock.com OPEN stock has tremendous upside based on its target price of $16.38 and current price sitting around $9. But that is not worth investing in. Opendoor utilizes a business model that other
Overseas e-commerce investing just got a little bit easier as China’s government signals readiness to support the market. Pinduoduo offers an intriguing entry point after a steep drawdown. Investors should consider a starter position and be prepared to add if the share price drops. Shanghai, China-based Pinduoduo (NASDAQ:PDD) provides an e-commerce shopping platform that’s meant to
In this article US10Y US2Y Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images Traders are betting Federal Reserve Chair Jerome Powell’s tough inflation talk means the central bank will
Finally the fear on Wall Street is abating a bit. The CBOE Volatility Index (VIX) closed red on Monday in spite of a red market day. Reaction to the news from the Federal Reserve was surprisingly excellent. The indices had their best week since September 2020. After a sluggish start on the 14th, AT&T (NYSE:T)
Peloton (NASDAQ:PTON) was making headlines last week. In a rare (for 2021 and 2022) bit of good news for shareholders, PTON stock rallied 28% over the course of the week. The catalyst was an analyst upgrade that rated PTON as “outperform,” giving the stock a $40 price target. Source: JHVEPhoto / Shutterstock.com With at least
With its performance in recent days, it may seem like Skillz (NYSE:SKLZ) stock has finally bottomed out. Since falling to prices as low as $2.07 per share, SKLZ stock has jumped around 57%, up back to around $3.39 per share. Source: NYCStock / Shutterstock.com For those who got in at or near its bottom, that’s a
Many investment banking analysts look toward private equity (PE) as the next step in their finance careers. Private equity firms are smaller than investment banks, so there are fewer jobs and higher competition for these positions. However, private equity firms have several advantages over other types of investment firms such as unorthodox investment capabilities. Private equity firms