Electric vehicle maker Nio (NYSE:NIO) saw a dip in August deliveries and it led to a decline in NIO stock. However, Nio is not alone. Source: Carrie Fereday / Shutterstock.com The majority of EV makers saw a dip in deliveries due to chip shortage that is likely to continue for the near future. But this
This has been a tough year for EV stocks and SPACs. Add to that list the problems facing Canoo (NASDAQ:GOEV) stock. Source: shutterstock.com/rafapress GOEV stock is down 45% so far in 2021, falling to less than $8 per share. The company’s most recent quarterly report showed its losses mounting. And Canoo in May announced it was
As popular it may be, Nvidia (NASDAQ:NVDA) stock is not without its flaws. Source: JHVEPhoto / Shutterstock.com In recent years, the semiconductor giant posted impressive levels of growth. But already reflected in its valuation, shares could experience big declines if and when it starts to again fall short of expectations. That won’t weigh on shares
In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.8% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
Prior to the meme-trading phenomenon, I supported the contrarian bullish case for cineplex operator AMC Entertainment (NYSE:AMC). In the many years leading up to the Covid-19 pandemic, streaming companies like Netflix (NASDAQ:NFLX) had been siphoning market share from the box office. Naturally, this dynamic put intense pressure on AMC stock. Source: QualityHD / Shutterstock.com Nevertheless,
Skillz (NYSE:SKLZ) stock appears to have climbed recently due to takeover speculation and a boost from Reddit traders. Source: NYCStock / Shutterstock.com But I believe that the takeover speculation is likely unwarranted, while SKLZ stock remains extremely overvalued. An Unrealistic Takeover Rumor A publication called CTFN suggested that a casino could look to buy Skillz
On the front-facing side of things, you might not find a better no-brainer (albeit highly speculative) narrative than Zomedica (NYSEAMERICAN:ZOM), the veterinary care specialist focusing on diagnostics platforms. Previously driven by intense meme pressure, ZOM stock found itself providing blistering returns before it all went sour. Source: Postmodern Studio / Shutterstock.com Unlike other meme trades
When couples divorce, assets are usually divided. However, that asset split doesn’t automatically extend to retirement plans. This is where a qualified domestic relations order (QDRO) can come into play. A QDRO is a court order used to divide the assets that are in specific types of retirement plans, including 403(b) and qualified plans, such as 401(k)s.
On today’s show, Preston and Stig talk to X-Prize Founder and Chairman, Peter Diamandis. He is accompanied by Best Selling author, Steven Kotler, and they talk about the technology boom that’s going to happen in the next ten years. IN THIS EPISODE, YOU’LL LEARN: – Which major industries will be disrupted most over the next
In today’s episode of hungry for returns we are going to talk about technical analysis vs fundamental analysis. I’m going to show you the differences between them, their pros and cons, as well as which one is better for trading stocks, in my opinion. #technicalanalysis #fundamentalanalysis #tradingstocks #trading #typesoftrading Posted at: https://tradersfly.com/blog/technical-vs-fundamental-hfr-14/ ? GET MY
COVID-19 has created an Apollo Mission status for advanced medical technologies and smart investors are profiting.
The CEO of the investment firm running the world’s biggest bitcoin fund sounded off on comments made by Securities and Exchange Commission chair Gary Gensler about the likely approval path for the first U.S. bitcoin ETF. Michael Sonnenshein, CEO of Grayscale Investments, warned on Tuesday that the SEC would be making a mistake if it
In this article SPOT 9618-HK MRNA BA Check out the companies making headlines before the bell. JD.com (JD) — Shares of JD.com gained 1.4% in early morning trading after the Chinese e-commerce giant appointed a new president. The company’s founder and CEO Richard Liu is stepping back from day-to-day operations, while Xu Lei, previously CEO
When I wrote about Support.com (NASDAQ:SPRT) and its reverse merger with a Bitcoin mining company, Greenidge, on April 8 I argued that it was worth 53% more, or $7.61 per share. Now, with the merger set for a vote on Sept. 10 and then closing shortly thereafter, SPRT stock closed Friday near $22 per share.
I don’t know why anyone would want to buy AT&T (NYSE:T) stock. Source: Roman Tiraspolsky / Shutterstock.com The moves into content by former CEO Randall Stephenson bombed spectacularly. Shareholders are left with $177 billion in debt and, starting next year, a skinnier dividend. The company’s wireless prospects are decent, but only because it can rip
When I wrote about DraftLings (NASDAQ:DKNG) on March 12, I focused on the many risks present in the business as described by them in their SEC filings. Since then, DKNG stock has lost about 15% of its value while the Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) is off 1.2%. Source: Lori Butcher/Shutterstock.com Those risks haven’t
Social media can be a beautiful thing, providing a platform for everyday individuals to express their opinions on a range of subjects. At the same time, a more dubious element to online communities exists. One phenomenon that has caused serious divisions among those on Wall Street is the rise of meme stocks. Driven by platforms
Coinbase (NASDAQ:COIN) stock enjoys the first-mover advantage with cryptocurrency and has taken crypto mainstream with its user-friendly investment platform. Source: Primakov / Shutterstock.com Bitcoin (CCC:BTC-USD) has attracted massive interest and investment over the last few months. Investors have high hopes on Bitcoin’s price movement, which has driven BTC higher and it has worked in favor
It looks like the post merger bump enjoyed by Canadian cannabis producer Tilray (NASDAQ:TLRY) stock has come to an end. Source: Jarretera / Shutterstock.com TLRY stock had enjoyed a 62% run-up between mid-May and mid-June after it finalized its merger with former rival Aphria. The deal made Tilray the largest Canadian cannabis producer with annual
More than seven months after it made Wall Street history, GameStop (NYSE:GME) stock still manages to punch above its weight. That is, it’s still trading at a price leaps and bounds above the underlying value of its video game retailing business. Source: TY Lim / Shutterstock.com Sure, there’s the potential for its e-commerce transformation, spearheaded