A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX Elon Musk’s SpaceX expects to lose nearly an entire launch’s worth of Starlink satellites after a storm created by the sun struck the Earth’s atmosphere. The company launched 49 Starlink satellites with a Falcon 9 rocket on Feb. 3.
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler kicked off an ambitious regulatory agenda this year – and his agency is pushing forward
General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California. AaronP | Bauer-Griffin | GC Images | Getty Images Check out the companies making headlines after the bell. Walt Disney — Shares of
Web 3.0 — also referred to as the decentralized web or Web3 — is getting plenty of attention on Wall Street. Some regard it as a paradigm shift that will make the internet immersive for the masses. Others highlight, “Web3 is about ownership. It’s about the direct connection between creators and consumers, obfuscating the gatekeepers.”
Even after a 60%-plus drop in shares of digital payments company Block (NYSE:SQ) — formerly known as Square — SQ stock is still trading at very high valuations. And the company faces a number of challenges that make it an unappealing investment. Source: Sergei Elagin / Shutterstock.com In addition to stiff competition from PayPal (NASDAQ:PYPL)
Digital World Acquisition (NASDAQ:DWAC) is a special purpose acquisition company (SPAC). Even in a brutal downturn for SPACs, DWAC stock has managed to succeed beyond everyone’s wildest expectations. That’s because Digital World announced a merger with former President Trump’s emerging media and internet company, Trump Media & Technology Group (TMTG), which is planning on launching
In this article PTON WEED-CA REYN CMG LYFT NKLA Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains came after the fitness equipment maker announced that CEO John Foley was stepping down
Sin stocks refer to shares of vice-related public companies. Traditionally, the term has been used for stocks in gambling, tobacco, alcohol, defense, cannabis and adult entertainment industries. As a result, most companies in these sectors usually do not qualify as environmental, social, and governance (ESG) investments. Academic research highlights that, “carbon-intensive sectors … have newly
All of a sudden, Russian stocks and companies with exposure to the region are in danger of conflict-induced weaknesses. As soon as one war ends, it seems, the possibility of another one springs up. Just as the U.S. military left the Afghanistan theater of operations, tensions have come to a boiling point between Russia and
If you’re a fan of Mad Money host Jim Cramer – more specifically, using Cramer as a contrarian indicator – it may be time to consider acquiring shares of electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) stock. Source: Miro Vrlik Photography / Shutterstock.com Recently, the CNBC personality stated he believes “it’s going to be a very
NVIDIA Corp. (NVDA) designs, develops, and markets graphics processors as well as related software and hardware products. The company has played a pioneering role in the development of the graphics processing unit (GPU), a type of chip or electronic circuit capable of rendering graphics for display on electronic devices. GPUs were originally designed for the
Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
Micron’s (NASDAQ:MU) near-term and longer-term prospects remain very strong, and the company is extremely profitable. But despite all of that, MU stock is still trading at a tiny valuation. Source: Piotr Swat / Shutterstock.com Meanwhile, multiple, highly reputable Wall Street firms are very bullish on the shares. Consequently, I remain very upbeat on the shares.
I recently wrote a bullish column on DoorDash (NYSE:DASH) stock, so I’m certainly not bearish on all delivery names. However, there are two very important differences between DASH stock and Grab Holdings (NASDAQ:GRAB) stock. Source: Hafiz Johari / Shutterstock.com Specifically, Grab operates in countries with much weaker economies and lower standards of living than DoorDash.
Cassava Sciences (NASDAQ:SAVA) stock illustrates the promise — and hazards — in biotechnology investing. Casssava management says it has a drug that can effectively treat Alzheimer’s Disease, one of the most destructive diseases known to man. They may have it, or they may not. It’s impossible for a small investor like me to know for
In this article PTON NFLX SPOT SAVE ULCC A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Group, Spirit Airlines — Shares of Frontier Group and Spirit Airlines rose in midday trading after the
Renewable energy stocks haven’t had a great 12 months. In a broad example, the Invesco Solar Portfolio ETF (NYSEARCA:TAN) has lost nearly half of its value over the past year. Two major factors have contributed to the decline in value for many renewable energy stocks. For one, the wind and solar industries haven’t received the
Faux-meat company Beyond Meat (NASDAQ:BYND) was one of 2020’s stars. But after topping out at $221 in January 2021, BYND stock has lost nearly three-quarters of its value. Source: Nina Firsova / Shutterstock.com Shares have been in a consistent downtrend since late June, while BYND stock has become one of the most shorted stocks in
Two years post-onset, it’s fair to say that the Covid-19 pandemic brought both calamity and opportunity. Among the unexpected benefactors was teleconferencing platform Zoom Video Communications (NASDAQ:ZM). The surge in ZM stock reflected a sudden shift to remote/hybrid work and collaboration. Source: Michael Vi / Shutterstock.com Today, Zoom remains a household name and the dominant U.S.
Access TradeKing: http://buffettsbooks.com/TradeKingDiscount