Lucid shares jump on first day of trading Monday after the company's merger with a SPAC was approved on a second try Friday.
The fundraising comes through a heavily discounted share sale, offering new shares at €3.58 apiece, less than half Friday’s closing price of €8.21.
These stocks are all about the big payoff.
Stop losing money on mediocre businesses.
Shares of entertainment conglomerate The Walt Disney Company (NYSE: DIS) closed down 4.1% in Tuesday trading after the House of Mouse disclosed a disappointing forecast for growth in its Disney+ division. Speaking at the Goldman Sachs "Communacopia" conference today, Disney CEO Bob Chapek estimated that fiscal fourth quarter paid subscribers to Disney's streaming service will rise by only "low single-digit millions". Chapek went on to explain that Disney exceeded expectations, netting 12.4 million new customers in Q3, but "hit some headwinds" in Q4 (that's this current quarter for Disney), reports Variety magazine.
Yahoo Finance's Emily McCormick provides the key points to know about FedEx's Q1 earnings.
Warren Buffett is famous for betting against Wall Street. So, when analysts and Buffett agree on S&P 500 stocks to own, you'll want to pay attention.
(Bloomberg) -- John and Jenny Paulson are divorcing after more than 20 years of marriage, the latest split involving a billionaire family that’s set to reshape one of the world’s largest self-made fortunes.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksFor Christo and Jeanne-Claude, Wrapping the Arc de Triomphe Is a Final VictoryIs There Room for E-Scooters in New York City?Me
Will we see home prices come down anytime soon? Here’s what the forecast models are predicting for the next year.
Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese real estate developer Evergrande Inc, Morningstar data shows. BlackRock added 31.3 million notes of Evergrande's debt between January and August 2021, pushing its stake in the company to 1% of the assets in its $1.7 billion Asian High Yield Bond Fund, according to Morningstar.
(Bloomberg) -- China Evergrande Group injected a fresh dose of uncertainty into financial markets with a vaguely worded statement on a bond interest payment that left analysts grasping for details.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksFor Christo and Jeanne-Claude, Wrapping the Arc de Triomphe Is a Final VictoryIs There Room for E-Scooters in New York City?Merkel’s Le
In recent weeks, we’ve seen markets pull back after a prolonged upward trend. The reasons are varied, and include rising inflation, a weak jobs market, and the spread of the COVID Delta variant. At the same time, despite the increasing number of cases in this COVID wave, we’re not seeing a jump to lockdown policies – and while cases are up, severe cases are not. As the danger of COVID starts to ebb, economies are starting to rev up again. JPMorgan’s global equity strategist Dubravko Lakos-Bujas
(Bloomberg) -- A cryptocurrency data network run by some of Wall Street’s biggest players showed a roughly 90% plunge in Bitcoin on Monday, a glitch that didn’t show up on other platforms.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksFor Christo and Jeanne-Claude, Wrapping the Arc de Triomphe Is a Final VictoryIs There Room for E-Scooters in New York City?Merkel’s Legacy Come
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Miller Value Partners recently released its Q2 2021 Investor Letter, a copy of which you can download here. The Miller Opportunity Trust Class I gained 4.18%, underperforming its benchmark, the S&P 500 Index which returned 8.55% in the same quarter. You should check out Miller Value Partners’ top 5 stock picks for investors to buy […]
Theropods and Triceratops and hadrosaurs, oh my! Seattle’s Burke Museum of Natural History and Culture is making significant additions to its dinosaur holdings, thanks to a summer expedition to Montana’s Hell Creek Formation. Four distinct dinosaurs were dug up, and all of the fossils will be brought back to the Burke Museum on the University of Washington’s campus, where the public can watch paleontologists remove the surrounding rock in the museum’s fossil prep lab. This year’s finds follow up
Upstart and Affirm Holdings (NASDAQ:AFRM), appear to now be the preferred stocks in the fintech space, as larger fintech companies PayPal (Nasdaq: PYPL) and Square (NYSE: SQ) have traded lower over the same period. The question now is whether Upstart has run too far too quickly.
The On-Balance-Volume (OBV) line shows a slight drift lower from early August and the Moving Average Convergence Divergence (MACD) oscillator recently moved below the zero line for an outright sell signal. The weekly OBV line shows a very dramatic-looking rise from early 2020 and that suggests some very strong and aggressive buying. In the daily Point and Figure chart of NOK, below, we can see what appears to be a large (but slow moving) base pattern.
Xu Jiayin, the chairman of troubled China Evergrande was overheard trying to rally his employees, but it didn't go well.
Nvidia, AMD and Google parent Alphabet are among today's fastest-growing stocks as the market uptrend gets tested.
How do your retirement savings compare to savings by other people in your age group? Are you keeping up with the proverbial Jones?