Canadian cannabis giant Tilray (NASDAQ:TLRY) raised several eyebrows when it laid down its plans to reach $4 billion in annual sales by 2024. It recently raised its share count to 990 million shares in hopes of achieving its revenue target. And although the chances of achieving its lofty revenue goal appear to be slim, TLRY stock
Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn. “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell: IBM — The tech company saw its stock dropping more than 5% in extended trading following a revenue miss in the third quarter. its top two business segments —
Paysafe (NYSE:PSFE) has been struggling since closing outs its special purpose acquisition company (SPAC) deal. PSFE stock has shed more than 40% of its value since completing the merger with Foley Trasimene Acquisition II in late March of this year. Plus, weak guidance for the third quarter has weakened the stock even more lately. However,
The allure of dividend stocks should be increasing right now. The Fed has signaled that it will soon begin tapering the market stimulus it provided during the pandemic. Following the news in late September, there hasn’t been any immediate shock. In general, broader markets including the S&P 500 index traded down after Labor Day. But
Cloudflare (NYSE:NET) stock has performed extremely well in 2021. As of Oct. 20, it’s up 130%, opening at $175.80. With this in mind, many investors think that there are only two scenarios for NET stock. Either this momentum will continue, sending prices higher, or more prudent, conservative investors and traders will wait for a dip
Clean Energy Fuels (NASDAQ:CLNE) may seem like a busted meme stock. But there’s a lot more to CLNE stock than that. Traders active on social media weren’t wrong for being bullish on this renewable natural gas (RNG) purveyor earlier in 2021. They were just bullish for all the wrong reasons. Source: ZikG / Shutterstock.com The “green
The fast-food restaurant of the future may be able to detect your order in advance, cook it just the way you like it, and have it ready when you arrive (or bring it to your house). That’s if partnerships like the one between The Wendy’s Company (WEN) and Alphabet Inc.’s (GOOGL, GOOG) Google Cloud deliver
Technology is still the best performing sector this year despite trade tensions and global growth concerns. Technology Select Sector SPDR Fund: https://www.zacks.com/funds/etf/XLK/profile?cid=CS-YOUTUBE-FT-VID Vanguard Information Technology ETF: https://www.zacks.com/funds/etf/VGT/profile?cid=CS-YOUTUBE-FT-VID IShares U.S. Technology ETF: https://www.zacks.com/funds/etf/IYW/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Facebook: https://www.zacks.com/stock/quote/FB?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
In this article WDFC NFLX VZ WGO BIIB A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per
Didi Global (NYSE:DIDI) went public on June 29 at a price of $14. After two days of trading, it was over $16. Since then, it’s pretty much been downhill for DIDI stock. Source: Piotr Swat / Shutterstock.com Although the IPO raised more than $4.4 billion, I think it’s fair to say that most of the
There is a lot going on right now. Inflation is becoming a concern and the global supply chain has yet to recover from the pandemic, resulting in product shortages. Semiconductors continue to be in short supply, making supply woes worse — especially when it comes to consumer electronics and cars. The federal government is struggling
It is no secret that Hyliion Holdings (NYSE:HYLN) stock has become a massive disappointment. Source: Hyliion media It fell dramatically leading up to its special purpose acquisition company (SPAC) merger back in late 2020, after rising in equally dramatic fashion after the initial announcement. Prices rocketed from under $10 per share to a high nearing
Investors in e-commerce and technology-enabled consumer products company Aterian (NASDAQ:ATER) stock may have noted the addition of two unique risks in the latest quarterly report (10Q) filed on Aug. 9. Source: Shutterstock The first risk factor is related to elevated short-seller activity on ATER stock. The company linked the risk to a short-seller report from
Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021. SpaceX Elon Musk’s SpaceX has become one of the world’s most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications. Starship is the massive, next-generation rocket SpaceX is developing to be
In this article OMC IBKR NFLX UAL Mario Tama | Getty Images News | Getty Images Check out the companies making headlines after the bell: United Airlines — Shares of United added about 2% in after-hours trading following the airline’s better-than-expected financial results as travel rebounded in the third quarter. United posted a loss of
Navigating the stock market is not for amateurs. It’s a complex and alluring maze that can be overwhelming, especially when you’re just starting to invest or want to find more affordable ways of getting into it. The best way I’ve found so far? Subscribing to investment gurus and taking a look at their stock picks.
UiPath (NYSE:PATH) is a $25.79 billion technology stock that is draining out cash and seems to be having trouble with top-line growth. This means that the company may have trouble maintaining this high valuation. As a result, PATH stock is likely to keep falling. Source: dennizn / Shutterstock.com In fact, from its peak of $85.00
Ocugen Inc (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company. A penny stock in 2020, shares neared the $16 level in early February. At that point, OCGN stock had posted an eye-popping gain of 5,352% between then and mid-December 2020. Source: shutterstock.com/PhotobyTawat As you’ve no doubt guessed, that massive stock growth is all about a Covid-19 vaccine
In this episode of The Investor’s Podcast, the Stig and Preston were asked important questions from a new value investor that’s interested in putting money into the stock market. If you’re looking to do the same, or you’re interested in hearing some fantastic questions, you won’t want to miss this week’s episode. IN THIS EPISODE,