Before Palantir Technologies (NASDAQ:PLTR) issued second quarter earnings early this month, I recommended the stock. Source: rblfmr / Shutterstock.com After analyzing the prospects for its data analysis software, I suggested that if you were looking for the next big thing, “this may be worth nibbling on.” Since then, shares are up 16% as the second
In this article SCHW Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images It’s good to be in an up market. A new Schwab report on self-directed brokerage accounts within 401(k) plans indicate that active traders have
In this article CHPT CHWY SIG HRC LE HRL Check out the companies making headlines before the bell: Hormel (HRL) – The food producer reported adjusted quarterly earnings of 39 cents per share, matching forecasts, with revenue coming in above estimates. However, Hormel gave a weaker-than-expected full-year outlook, noting the impact of higher costs, although
A prominent saying on Wall Street says to not fight the tape. Another suggests to not fight the Fed. They both make sense, and they have concurrently been in full effect for at least three years as investors seek stocks to buy. However in the coming months, the latter will get on the road to
Investors were already selling Skillz (NYSE:SKLZ) stock before the company posted quarterly earnings results on Aug. 3. Source: Rawpixel.com/Shutterstock.com After the report, SKLZ stock slumped further. Clearly there is something the market does not like about this electronic gaming and multimedia firm. At these levels, investors might think the stock has less risk and more
When it comes to video-game retailer Gamestop (NYSE:GME), some folks might call it the original meme stock. The company doesn’t have a positive earnings profile, yet GME stock continues to trade on heavy daily volumes. Source: Emil O / Shutterstock.com Options traders are also jumping into the long side of the trade here. For instance, on
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell. ChargePoint Holdings — ChargePoint, which makes charging systems for electric vehicles,
Investors interested in flying cars and all things futuristic will want to know more about Joby Aviation (NYSE:JOBY). That’s because JOBY stock represents the next step in the evolution of transportation. Source: T. Schneider / Shutterstock.com This is the first U.S. publicly listed eVTOL (electric Vertical Take Off and Landing) vehicle company out there. That
My feelings about DiDi Global Inc. (NYSE:DIDI) can probably be summed up by saying it’s riskier than a new driver tackling “Death Road.” Otherwise known as the North Yungas Road in Bolivia, it’s one of the most dangerous roads on earth. As Lookers states in an article, “It has been estimated that around 200-300 people