In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted
Electric vehicle companies have had a difficult start to the year. With the tech sell-off and the overall investor sentiment, EV stocks have seen a decline. Nio (NYSE:NIO) stock dipped to all-time lows and reported a low sales momentum, falling from $45 to $24 in the past six months. Source: Carrie Fereday / Shutterstock.com Now
Last month’s rate hike-driven drop for stocks drove another big slide for GameStop (NYSE:GME). But as the market eases slghtly about higher interest rates, GME stock — the one that started the whole meme-stock phenomenon — has started to bounce back. Source: Emil O / Shutterstock.com Briefly falling below $100 per share for the first
When it comes to opinions and analyses about Matterport (NASDAQ:MTTR) stock these days, you can’t ignore the metaverse. Source: Ken Wolter / Shutterstock.com As a leader in 3D spatial visualization technologies, the company’s platform enables a more immersive experience than was ever possible through the internet. Logically, such an innovation lends itself to metaverse-based applications,
An investor’s main goal is to make money. Although you can’t predict how your investment portfolio will perform, there are several metrics that investors can use to calculate a realistic estimate of future growth. Not only do investors need to consider the expected gains of each asset, they also have to consider factors such as
In this article SQ MARA RBLX BA AMD A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters February started on a dramatic note as Big Tech companies, including Meta Platforms and Amazon, issued quarterly earnings and swayed the major
In this article PYPL BSX CPRI The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alphabet – Shares of Alphabet popped 8.6% after the Google parent posted blowout quarterly results and
DocuSign (NASDAQ:DOCU) was one of the major benefactors of the pandemic. The cloud-based e-signature provider was a major hit with people looking to conduct business while being socially distanced. DOCU stock, however, has performed dismally in the past year, losing more than 50% of its value. Moreover, investors are worried about how it will fare
Digital Turbine (NASDAQ:APPS) and its investors have been on quite a journey since the company listed as a penny stock in July 2006. I think it’s safe to say that APPS stock provides testimony that multi-baggers can occur from the most niche of domains. Source: Shutterstock However, the past is the past, and APPS stock
Like so many special purpose acquisition companies (SPACs), SoFi Technologies (NASDAQ:SOFI) stock has been a volatile one. Shares initially popped to $25 as excitement grew for the well-known FinTech firm. Source: rafapress / Shutterstock.com This also came during a time when entrepreneur Chamath Palihapitiya was on a massive winning streak with his SPAC deals. So in
In this article MRK BIIB CAH LLY HON FB Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as well. Results were boosted by a jump in sales of Lilly’s Trulicity diabetes
If any company is emblematic of the “recovery trade,” it would be cruise operator Carnival Corporation (NYSE:CCL). Indeed, you could actually use CCL stock as a gauge of how both Wall Street and Main Street are faring nearly two years after the onset of Covid-19. Source: Ruth Peterkin / Shutterstock.com And if Carnival is going to
If you’re reading this, chances are, you’re not part of the 1% that handsomely benefitted from the prior housing and equities boom that capitalism created. Therefore, it’s difficult not to sympathize with the phenomenon known as meme stocks. There is a word in German that’s a favorite of mine to deploy from time to time:
Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for
What Is a Currency War? A currency war is an escalation of deliberate currency devaluation policies among two or more nations, each of which is trying to stimulate its own economy. Currency prices fluctuate constantly in the foreign exchange market. However, a currency war is marked by a number of nations simultaneously engaged in policy
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
It wasn’t too long ago that I was riding high on my recommendation of Lucid Group (NASDAQ:LCID). I initially wrote an article on LCID stock in September of last year. Soon after that, the stock zoomed upward ending up at 3x the price by late November. Source: T. Schneider / Shutterstock Unfortunately, all good things
Life sciences equipment manufacturer Bionano Genomics (NASDAQ:BNGO) was a popular meme stock last year. Consequently, its management raised a massive amount of cash through equity offerings. However, it has failed to sustain investor interest, as its flagship optimal genome mapping tool Saphyr hasn’t gained much traction in the medical community. It continues to grow at
Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric