A short squeeze occurs when short-sellers rush to cover their positions on a stock. The sudden rush of buying can quickly push a stock price higher. After a tough market year in 2022, some stocks have built up large short-seller followings, potentially priming the pump for a new wave of short squeezes.
Shares of Coinbase (NASDAQ: COIN) have gotten crushed since hitting public markets, but the business is in better shape than you might think. There's billions of dollars in cash on the balance sheet, and there are growing revenue sources from USDC and Ethereum (CRYPTO: ETH) staking.
Despite a dismal performance in 2022, shares of all-digital bank SoFi Technologies (NASDAQ: SOFI) climbed 50.3% in January. There are lots of reasons for the run-up, not least of which were a better-than-expected performance during the fourth quarter of 2022 and an improved outlook. Will the big gains SoFi made in January fizzle out in February, or is the stock at the beginning of a much longer bull run?
The Nasdaq Composite dipped into a bear market last year, and the tech-heavy index is still 28% off its high. Investors often overreact to good and bad news, so stocks tend to rise too high during bull markets and fall too far during bear markets. Warren Buffett hinted at that quirk of human nature when he said, "Be fearful when others are greedy, and be greedy when others are fearful."
Thursday is a big day for tech earnings as Alphabet, Amazon and Apple all are set to report their quarterly results.
Carvana stock has crashed back to Earth after a massive run, and these three indicators show just how bad things are.
Dividend investors should consider loading up on these stocks as this could be a good year for both of their businesses.
Change doesn't have to be bad.
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Exxon Mobil ( NYSE:XOM ) Full Year 2022 Results Key Financial Results Revenue: US$402.2b (up 44% from FY 2021). Net...
Brent Thill, Jefferies Equity Research Analyst, analyzes Meta's stock pop after earnings. You can see the full interview here. Key video highlights 00:25 On how Instagram has improved 00:40 On better ad targeting 00:55 On other social platforms 01:30 On the stock move
These high-octane income stocks, with yields ranging from 4.3% to 15.4%, have been bought hand over fist by billionaire investors.
For the third day in a row, Tesla (NASDAQ: TSLA) stock is riding higher -- up 4.3% as of 10:10 a.m. ET. The Federal Reserve's decision to raise interest rates only 25 basis points yesterday is probably part of the reason for that -- indeed, growth stocks in general seem happy to run today, with the entire Nasdaq up nearly 2%. Tesla's plan to cut the prices of its electric cars, you see -- not just in the U.S., but in China as well -- is having its intended effect of stoking consumer demand.
Apple (AAPL) Earnings expected at 4:30pm ET Thursday, February 2nd, 2023. Apple CEO Tim Cook is set to take center stage on the earnings call. Investors will be watching closely for key items including iPhones, fallout from ongoing lockdowns in China, mounting layoffs in the tech industry and beyond and questions about the state of the U.S. economy overall. Yahoo Finance's Brian Sozzi and and Brad Smith break down the three things they're watching after the call.Make sure you tun into their live coverage following Apple's earnings call later this afternoon Watch: Yahoo Finance Live Programming - 10am ET: Cathie Wood discusses tech Earnings - 11am ET: Why the earnings call matters - 4:30pm ET: Dave Briggs and Seana Smith bring Apple's earnings to you live - 6pm ET (or when earnings call ends): Brian Sozzi and and Brad Smith will have a vibe check with market reaction and a look ahead at what Apple's results mean for both consumers and investors.
BlackBerry Limited (NYSE: BB; TSX: BB) today released new research revealing that half (51%) of IT professionals predict that we are less than a year away from a successful cyberattack being credited to ChatGPT, and 71% believe that foreign states may already be using the technology for malicious purposes against other nations.
The healthcare industry has proven to be a remarkably resilient place to put capital to work in a wide range of environments. From life-saving medicines and therapies to vaccines, these are just a few examples of the essential products that healthcare companies make that render them particularly defensive investments in a bearish environment. AbbVie (NYSE: ABBV) is a pharmaceutical giant.
The pharmaceutical company's diabetes drug Mounjaro, which is on track for regulatory approval to treat obesity, came up short of estimates.
VALE S.A. (VALE) closed at $18.45 in the latest trading session, marking a -1.23% move from the prior day.
Affirm Holdings (AFRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amazon is set to report its Q4 2022 earnings on Feb. 2.