As I expected, traders have kept selling Ocugen (NASDAQ:OCGN) stock in the wake of the recent news about the company. The biotech firm — which is trying to bring Covaxin, a Covid-19 vaccine, to the U.S. and Canada — surged a few weeks back. Last month, traders bid up OCGN stock in anticipation of an
In this article M FTCH Betsie Van der Meer | DigitalVision | Getty Images With holiday shopping on my mind and Black Friday in plain sight, I’m laser-focused on the retail sector and its participation in my clients’ investment portfolios. Last week was big for consumers: October retail sales numbers beat expectations, and we had
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as it may consider winding down its bond program sooner than expected. Based on comments from a number of Fed officials, market
C3 AI (NYSE:AI) stock has undoubtedly been a losing investment thus far. Source: Phonlamai Photo / Shutterstock.com It peaked at $180 during last year’s massive tech rally and proceeded to then lose a large chunk of its value. Momentum has left AI stock and a clear negative sentiment has taken root. However long-term investors should
FuboTV (NYSE:FUBO) got off to a hot start at the beginning of 2021, but has since fallen off a bit. Nonetheless, sentiment appears to remain positive when it comes to FUBO stock. Source: monticello / Shutterstock.com The sports TV streaming subscription service just reported very strong growth for the third quarter 2021. It now is near
It’s fascinating to witness Wall Street turning against telecommunications giant AT&T (NYSE:T) stock. The way they’re treating this iconic company, you’d think AT&T was headed toward zero. Source: Roman Tiraspolsky / Shutterstock.com Of course, that won’t happen anytime soon. Part of the problem is that the market has been rotating out of telecom stocks. This trend,
SoFi Technologies (NASDAQ:SOFI) is a fintech company seeking to disrupt the traditional banking market. SOFI stock officially launched earlier this year after it completed a merger with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs). Source: rafapress / Shutterstock.com Out of the gate, SoFi generated a lot of excitement. Unlike some of its fintech
In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines after the bell: Nordstrom — Shares of the department store chain tumbled roughly 20% following its quarterly results. Nordstrom reported earnings of 39 cents per share, well below
Fisker (NYSE:FSR) announced on Nov. 19 that it won a ZEVAS Award — the zero-emission awards at the Los Angeles Auto Show — for the best crossover vehicle under $50,000. FSR stock jumped more than 5% on the news. This is the latest piece of good news for long-time investors. In the last month alone,
After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait
We have a very special guest for you and that is Brent Johnson of Santiago Capital. Brent is best known for his Dollar Milkshake Theory, which is a strong counterpoint to the narrative that the next currency crisis will result in a weaker dollar. Brent’s theory highlights that the opposite might be true. IN THIS
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The consumer staples sector is composed of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as
Tracey Ryniec and Kevin Cook take a look at two top Zacks Ranked stocks. Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID JPMorgan Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Tech stocks have traditionally been associated with growth, not income. While this reputation is still true on the whole, there are now many top tech stocks that are dividend stocks and pay income to shareholders. Dividend paying tech stocks also offer growth, making them appealing for investors looking for a blend of growth and income.
NerdWallet (NASDAQ:NRDS) completed its IPO on Nov. 8 at $18.00 per share and subsequently, the stock shot up. The company was able to raise $135 million in equity capital, including the brokers’ greenshoe option. As a result, at $27.22 at the close on Nov. 22, NRDS stock now has a $1.8 billion market capitalization. In
NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its
In this article ANF ZM WDC BBY A view of a Best Buy retail store on August 29, 2019 in San Bruno, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Tusday: Occidental Petroleum, APA Corp — Energy stocks gained after the White House announced the U.S. will release
Netflix’s (NASDAQ:NFLX) hit streaming series Squid Game recently sent shares of NFLX to new 52-week highs last week. NFLX stock rallied after posting strong subscription growth in its quarterly results. Yet those quarterly figures are not Netflix’s highlight. On the conference call, management and analysts calling to ask questions couldn’t get enough of Squid Game,