Micron surged on rising DRAM prices amid the chip shortage, but has unexpectedly cooled off recently.
Year-to-date, the market trends are highly positive. The S&P 500 is up ~18%, while the tech-heavy NASDAQ, has put up a 14.5% year-to-date gain. There are potential headwinds – inflation is a worry, as is the possibility of further COVID-related restriction policies. But for now, the economy is mostly open, consumers are starting to spend, and investors seem optimistic. As J.P. Morgan’s chief US strategist Dubravko Lakos-Bujas recently put it, the economic gains are “not an event but rather a pro
Less than four months after going public and being valued at more than $3 billion by Wall Street, Zymergen Inc. unleashed some bad news Tuesday afternoon and was on pace to lose more than two-thirds of its market cap.
(Bloomberg) -- Turns out even the most compliant Chinese billionaires aren’t immune to the regulatory onslaught sweeping the world’s second-largest economy.In a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mannered boss, Pony Ma, has lost more paper wealth over the past nine months than Jack Ma, the combative co-founder of Alibaba Group Holding Ltd. and Ant Group Co.The reversal underscores how rapidly Beijing’s
A panel of Motley Fool contributors offers three ideas for healthcare stocks that will zoom higher in 2021, even if COVID takes a turn for the worse. Read more to see why you might want to buy shares of Pfizer (NYSE: PFE), Inari Medical (NASDAQ: NARI), and Novavax (NASDAQ: NVAX). George Budwell (Pfizer): American pharma titan Pfizer might not sound like a sexy pick among the present cohort of COVID vaccine players.
According to New Frontier Data, legal weed sales in the U.S. are expected to grow by an annual average of 21%, ultimately hitting north of $41 billion by mid-decade. While this sales growth will undoubtedly make some cannabis investors rich, we also know that not every marijuana stock can be a winner. The following trio of pot stocks stand out for all the wrong reasons and should be avoided like the plague in August.
The goal of an investment — whether you place your money in stocks, a business or real estate — is generally to end up with more money than you started with. When you earn enough money from investments, you’ll have … Continue reading → The post Florida Capital Gains Tax appeared first on SmartAsset Blog.
Biden would set the rate way too high, but there is an ideal way to collect some revenue without killing innovation or growth
Tesla stock inched up just 7 cents, a gain of 0.0099%. Here's what history says happens after a day where it does nearly nothing.
Return and risk are two sides of the same coin. Investors all want the former, while keeping down the latter – but that’s a pipe dream. Every stock comes with both, and one key to success is managing the balance. That balance can be tricky, however, as risk and return potentials usually follow a direct relationship; that is, the highest return stocks typically also come with higher risk. This makes sense, as the surest way to a high return is to find stocks with low initial share prices – for in
Treasuries may afford safety, but at yields far below inflation, you’re losing money every month, says one strategist.
Nikola reported quarterly results this morning. Here's how the stock is doing.
Fund manager Cathie Wood has continued to load up on shares of the popular trading app Robinhood. Wood's ARK Innovation ETF on Tuesday disclosed that it held around 4.9 million shares of Robinhood stock, representing a weighting of 0.82% in the fund. Robinhood stock closed up 24.2% at 46.80 in the stock market today, putting the value of Wood's holdings at $230 million.
Memory-chip maker Micron Technology (NASDAQ: MU) just announced a quarterly dividend policy. The payouts are starting out small, but I expect the company to build up its dividend yield over time. Let's see what Micron's payouts will mean to us shareholders.
With the business potentially at an important milestone, we thought we'd take a closer look at SoFi Technologies, Inc.'s (NASDAQ:SOFI) future prospects, breakeven date and a latent risk factor.
GE's turnaround is gaining traction as key businesses improve while the industrial giant continues to shrink its debt load.
Pinterest (NYSE: PINS) stock is catching a lot of buzz recently, but not for a good reason. As economies reopened during the quarter, folks spent less time engaging with Pinterest. Pinterest started the second quarter with 478 million MAUs.
In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]
Investors in NIO Inc. (NYSE:NIO) had a good week, as its shares rose 6.2% to close at US$45.85 following the release of its first-quarter results and the more recent vehicle deliveries report. In a twist of events, China is also moving both to back and protect Electrical Vehicle manufacturers.
MARKET PULSE Advanced Micro Devices Inc. (AMD) shares closed at a fifth consecutive record high on Tuesday following a report that Nvidia Corp.’s (NVDA) acquisition of Arm Ltd. may get blocked by U.K.
Shares of solar power inverter maker SolarEdge Technologies (NASDAQ: SEDG) are racing ahead 17.2% as of 1 p.m. EDT Tuesday, after the company reported a sizable earnings beat yesterday evening. Heading into earnings, analysts had projected that SolarEdge would earn $1.12 per share on under $455 million in revenue for its fiscal second quarter. In fact, SolarEdge earned $1.28 per share, and on sales of more than $480 million.