When it comes to Robinhood Markets (NASDAQ:HOOD) stock, count Cathie Wood as a solid bull. Wood is on a buying spree for Robinhood stock. Her Ark Innovation ETF (NYSEARCA:ARKK) bought another 487,263 shares of HOOD stock on Jan. 6, bringing her exchange traded fund’s (ETF) total holdings to 13.94 million shares. Source: mundissima / Shutterstock.com
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is replacing founder Ryan Caldwell, who will become
In this article LVS ACI JNPR RIVN ILMN Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day after the biotechnology company issued a 2022 revenue outlook that topped consensus expectations. The company also highlighted strong demand for
Nvidia (NASDAQ:NVDA) emerged as one of the biggest stock market winners last year. NVDA stock generated over 120% returns for its investors in the past 12-months. Though its share price has gotten slightly ahead of itself, the chipmakers glowing reports justify its lofty valuation. Moreover, there’s still plenty of upside remaining with Nvidia, with it
The omicron Covid-19 variant has taken its toll on cruise stocks. The three cruise ship giants in Royal Caribbean (NYSE:RCL), Carnival (NYSE:CCL), and Norwegian Cruise Line (NYSE:NCLH) have all seen their shares tumble in recent days. Adding to their woes, the Centers for Disease Control came out with a warning to “avoid cruise travel, regardless
Ever since Block, Inc. (NYSE:SQ), formerly known as Square, released its earnings for Q3 on Nov. 4, its stock has been in a free fall. As of Nov. 3, it was $252.48, but by Friday, Jan. 7, SQ stock closed down $110.90 to just $141.54. That represents a decline of 43.9% in just over 2
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned the importance of stability. The most important reason why we must pick a stable stock is
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 20, 2021. Andrew Kelly | Reuters The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the
Nikola (NASDAQ:NKLA) is making great progress in manufacturing and generating orders for its battery-electric and hydrogen heavy-duty commercial trucks. With businesses and governments seeking to reduce carbon emissions in the U.S. and Europe, Nikola’s status as a first-mover in environmentally friendly semi-trucks should enable it to post great financial results over the longer term. Consequently,
Imagine that on Oct. 18, 2021, you had an epiphany to buy shares of Bakkt Holdings (NYSE:BKKT) and keep them for about two weeks. On Nov. 1, 2021, you had the best idea ever, at least for 2021. At some point, you checked your trading account, and you could not believe your eyes! Your BKKT
If you are married and file a joint tax return, your federal tax rate may be lower than that of an unmarried individual. That’s just one example of the ways in which U.S. tax laws are written to provide married couples with greater benefits than those received by other individuals. The same is true for
An increase in interest rates is looming due to higher inflation, supply-chain issues, lofty stock valuations and now the super-contagious omicron variant of Covid-19. As a result, forecasting market performance for 2022 seems more difficult than it’s been in previous years. Right now, it looks like the market is priced to perfection with a slim
In this article TLRY-CA APR LULU ZNGA TTWO Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Zynga, Take-Two Interactive — Shares of the mobile gaming company Zynga soared by more than 41% after Take-Two
Initially, the coronavirus pandemic sparked fear and uncertainty, with various agencies scrambling to address the mysterious threat. But over the ensuing months turned years, people became acclimated to the new normal. Additionally, the early lockdown and mitigation protocols gave plenty of folks extra time to which they normally wouldn’t be accustomed. That transitioned to speculation,
As you certainly recall, at the beginning of the Covid-19 pandemic, governments resorted to shutting down the world, which caused an economic strain like none before. Consequently, they instructed their central banks to maintain loose monetary conditions in order to offset the economic devastation. AT&T (NYSE:T) stock, for example, fell around 30% from January levels
Lucid Motors (NASDAQ:LCID) stock is recovering from the latest December tech wreck. The price of Lucid stock fell from $55 in late November, but found support around $37. LCID rose 4% on Jan. 6. Source: ggTravelDiary / Shutterstock.com With at least one analyst predicting a trip back to the old highs, our Will Ashworth is
Among the most controversial market moments in 2021 was the still-in-progress special purpose acquisition company (SPAC) merger of Digital World Acquisition (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG). Folks who bought DWAC stock at the right time profited handsomely, while other traders lost their proverbial shirts. Source: Dmitry Demidovich/ShutterStock.com Reportedly, TMTG will launch Truth Social, a conservative social-media
There seems to be a shift in the market. Speculative growth stocks and cryptocurrency, among other hot 2021 trends, have slumped in recent months. Meanwhile, more defensive stocks such as energy, utilities, industrials and food and beverage companies are rising. Amid these shifting sectoral winds, it’s time to take a look at infrastructure stocks. Infrastructure
It’s not cheap to go to a major league sporting event anymore. CNN.com reported that SeatGeek found that the average price of baseball tickets sold on its site in 2020 was $81, up 40% from the $58 average in 2019. Due to the coronavirus pandemic, 2019 was the last time fans were allowed to purchase
Cannabis operator Sundial Growers (NASDAQ:SNDL) stock has had a wild ride. Sundial was a hot stock in 2019, it went to almost zero in 2020, and then came roaring back amid the WallStreetBets excitement. Source: Jetacom Autofocus / Shutterstock.com Sundial had a fairly underwhelming 2021 from a stock perspective, as shares slumped back under a dollar.