SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal would see the cloud computing company acquired by Vista Equity Partners and an affiliate of Elliott Management for $104
The earnings season has picked up momentum, with many stocks reporting over the next few weeks. Analysts predict to see robust earnings growth in old economy stocks that include cyclical sectors, energy, materials, industrials, and consumer discretionary names. Meanwhile, following recent price declines, many tech shares are also offering better value. Therefore, today’s article introduces
On Jan. 28, it will be exactly one year since GameStop (NYSE:GME) stock hit its all-time high of $483. Just days after the peak, I wrote a story in which I said meme stock traders and speculators should have fun trading the stock. But I also said there’s “absolutely no reason to be holding GME
Biotech is big business. And getting bigger. That’s good news if you’re investing in biotech stocks. According to market research firm Grand View Research, the global biotechnology industry is expected to reach $2.44 trillion by 2028, giving it a compound annual growth rate (CAGR) of 16% over the next seven years. Driving that huge growth
Preston Pysh talks with Mark Moss about financial, political, and technology cycles throughout history. One quick caveat: We apologize for the tiny glitches along the way. Please bear with us, because the substance of the conversation and the way Mark Moss breaks down this complex subject is fantastic. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 –
Do you want to know more about trading Options with Iron Condors? Here’s a list of pros and cons when you trade using the strategy. Check this out and find out if trading Options with Iron Condors is the right strategy for you! #optionstrading #tradingoptions #ironcondor #tradingstrategies Posted at: https://tradersfly.com/blog/pros-cons-of-a-40-day-iron-condor-with-options-trading/ ? Newsletter & Announcements :
You may be familiar with the phrase “compared to its Lipper Average,” a line repeated in many TV and radio advertisements for mutual funds. It sounds impressive when a mutual fund company boasts about one of its products “beating” its Lipper Average, even if a lot of the audience does not know the meaning behind
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
In this article TSLA WBA K CTXS SPOT BYND The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares surged more than 9% after Credit Suisse upgraded the stock to outperform from neutral. The firm said the pullback
Microsoft (NASDAQ:MSFT) recently produced stellar earnings on Jan. 25 for its fiscal second quarter and the six months ending Dec. 31. As a result, MSFT stock looks very cheap here, even though Microsoft has a market capitalization of $2.3 trillion. Source: Peteri / Shutterstock.com In fact, based on analyst projections and the company’s very high
Let’s not mince words. There are a number of loose ends with California-based ContextLogic (NASDAQ:WISH) which ought to be tied up by now, but haven’t been. Without a doubt, it must be frustrating to own WISH stock in hopes of fresh, material updates, only to be disappointed day after day. Source: sdx15 / Shutterstock.com For example,
In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time
An artist’s rendition of an ION spacecraft deploying satellites in orbit. D-Orbit Italian space transportation and services company D-Orbit announced Thursday plans to go public via a SPAC, in a deal that values the venture at $1.4 billion. The merger with special purpose acquisition company Breeze Holdings is expected to close in the second or
Fintech companies haven’t had a good start to 2022 and PayPal (NASDAQ:PYPL) is not an exception. The company enjoyed massive success in 2021 with PYPL stock hitting an all-time high of $310 in July but it has been on a downward trend since then. After dropping to $270 in October 2021, the stock has consistently
As was the case with many hot tech stocks that went public in late 2020 and early 2021, C3.ai (NYSE:AI) got ahead of itself. The enterprise artificial intelligence and machine learning software company priced its initial public offering at $42 a share on Dec. 9. AI stock more than doubled on its first day of trading.
Space-tourism play Virgin Galactic (NYSE:SPCE) stock have been butchered at the stock market in the past year. Over the last 12 months, its stock has shed more than 80% of its value. Source: rafapress / Shutterstock.com With such a massive pull back in price and the huge potential of the space tourism sector, you’d probably
The video game console wars are closely followed by gamers worldwide. Though the financial aspect is often lost in the noise surrounding it, profitability is the most important metric that a company looks for in the end. The war for top-selling video consoles has expanded from merely selling consoles to offering online access and subscription-based services. The battle for
In this article SHOP-CA FB UBER HUBS NOW People wear protective masks in front of Uber Technologies Inc. headquarters in San Francisco, California, U.S., on Wednesday, June 9, 2021. David Paul Morris | Bloomberg | Getty Images The latest bout of market volatility has been nothing short of stomach-churning for short-term investors. Indeed, a sell-off