Despite mixed quarterly results, Nio (NYSE:NIO) stock has been on the rise following its Sept. 7 earnings release. The main factor behind this has been a spate of analyst upgrades for shares in the China-based electric vehicle (EV) maker. Confidence is rising again that the company’s production ramp-up will result in a big jump in sales
Keep An Eye On These Coins The crypto market has shown tentative signs of breaking out of the bearish slump that has persisted for months. Several assets are showing improvements in price, not the least of which is Ethereum (ETH), which has dominated the news cycle in recent weeks. This week, other cryptocurrencies deserve some
[Editor’s note: “7 Quantum Computing Stocks to Buy for the Next 10 Years” was previously published in July 2022. It has since been updated to include the most relevant information available.] Quantum computing has long been a concept stuck in the theory phase. Using quantum mechanics to create a class of next-generation quantum computers with
New York-headquartered FuboTV (NYSE:FUBO) is a sports-focused streaming and wagering company. FUBO stock shot to the moon not long ago, but this probably is not sustainable. FuboTV’s capital position is deeply negative. So, even when FuboTV’s management sets sky-high financial objectives, investors can stay grounded and ignore the hype. Let’s not mince words here. It’s a
The Rise and Fall of Fitbit’s Stock Price Fitbit Inc. (FIT), a pioneering developer of wearable fitness-tracking devices, saw its share price jump nearly 50% on the day of its celebrated listing in June 2015. The share price nearly doubled from there in the following weeks, reaching $51.90 in early August. That marked the peak
Source: Shutterstock Wall Street had its worst day in over two years Tuesday after the August consumer inflation report came in hotter than expected. The Dow Jones dropped 1,300 points. The S&P 500 shed 4.3%. The Nasdaq tumbled 5.2%. Cryptos lost more than 10%. It was an ugly day on Wall Street. But it was
Investors of Digital World Acquisition (NASDAQ:DWAC) have waited nearly a year for the blank-check company to reverse-merge with Trump Media & Technology Group (TMTG). Not long ago, Digital World Acquisition appealed to its shareholders to approve a one-year extension to close the deal. There wasn’t enough support among DWAC stock holders, however, and this doesn’t
The dearth of dealmaking at major banks is leading to layoffs, with Goldman Sachs planning to cut hundreds of jobs this month. JPMorgan has told analysts that deal fees for the nation’s largest bank will shrink by 50% in the third quarter from a year ago, according to president and COO Daniel Pinto, speaking at a conference. He said
These days the most popular stocks to follow are either meme plays or the most blue-chip S&P 500 companies. Very few investors seem to be interested in hidden gem stock picks. About halfway through September, the index is down almost 15% year-to-date. Of the 11 sectors in the index, only energy (up 44.8%) and utilities
In this article MRK PANW SBUX Check out the companies making headlines in premarket trading Wednesday. Starbucks – Shares of Starbucks gained nearly 1% after the company boosted its long-term forecast and said it expects double-digit growth for revenue and earnings per share over the next three years. Palo Alto Networks – Cybersecurity company Palo
Kim Kardashian, one of the biggest names in the entertainment world, is making her move in the world of private equity. The development already has Wall Street buzzing over the top Kim Kardashian stocks to buy. She is partnering with Jay Sammons, a former top executive at the private equity firm Carlyle Group, to launch
Market legend Jeremy Grantham has just sounded the alarm that the market is in a super bubble, and it isn’t good news for bulls hoping for a turnaround. He says that several factors will lead to an ultimate bloodbath in both stock markets and housing prices, predictions that investors have met with much anticipation. The
EV stocks have hit a rough patch in the last few quarters. The fundamental reasons include supply-chain issues, inflation and global macro-economic uncertainty. While near-term growth has been impacted, the long-term outlook for the electric vehicle industry remains bright. Just to put things into perspective, the electric vehicle market size is expected to touch $1.3
Gross Margin vs. Contribution Margin: An Overview Gross margin measures the amount of revenue that remains after subtracting costs directly associated with production. Contribution margin is a measure of the profitability of various individual products based on the variable costs associated with those goods. Key Takeaways Gross margin is the amount of profit left after
A key part of retirement planning is to answer the question: How much do I need to retire? The answer varies by individual, and it depends largely on your income now and the lifestyle you want and can afford in retirement. Knowing how much you need to save based on how old you are now
For most of 2021, investor focus was on growth stocks and highly speculative stocks. Things have changed significantly in 2022, with portfolios going overweight on defensive stocks. Unfortunately, it seems this challenging macroeconomic environment is likely to persist in 2023. It therefore makes sense to create a portfolio that’s slightly overweight on blue-chip, defensive stocks.
Student loans now impact every demographic, and that’s bad news for people struggling to save for retirement. Even though interest rates are lower, overall student debt has soared during the pandemic, regardless of a borrower’s age or occupation. Some 44 million Americans now owe an estimated $1.75 trillion in student debt. The spiraling amounts of
Source: sutadimages / Shutterstock There’s always a bull market somewhere. And right now, the biggest bull market on Wall Street is happening in the sports betting world. The NFL kicked off the season this past weekend. And it was quite fun. Tom Brady proved he’s still the “GOAT” in Sunday Night Football. Patrick Mahomes’ five-touchdown
The delta of an option tells you the relationship between the underlying security’s price and the option’s price itself.” The delta represents the amount the price of the derivative will change when there is a change in the underlying price. For example, suppose you buy a call option with a delta of positive 0.5. The
These three undervalued blue-chip stocks can make great buys for July: Goldman Sachs Group (GS): The world’s most successful investment bank continues to make money in this bear market. Microsoft (MSFT): One of the world’s rock solid technology companies is available at a bargain basement price. Nike (NKE): The leading sneaker and sports apparel company’s