- Oops!Something went wrong.Please try again later.
The leading PC peripherals brand turned in a great quarter, but an analyst downgrade spoiled the party.
What happened Shares of several COVID-19 vaccine makers were sliding on Monday. BioNTech stock (NASDAQ: BNTX) was down 6.5% at 12:09 p.m. EDT. Shares of Moderna (NASDAQ: MRNA) had slipped 4.4%. Novavax (NASDAQ: NVAX) stock had fallen 6%.
Ford is driving head on into the future of electric vehicles.
Markets are up this year – that’s no news, the gains have been substantial and sustained – but recent weeks have made investors nervous. The resurgence of COVID, rising inflation and stubbornly high unemployment have already made headlines, but new problems are coming up overseas. In China, for example, a developing debt crisis in the giant Evergrande Group threatens to upend that country’s lending system. So, after a full nine months of gains this year, the stock markets are looking at the real
Shares of Naked Brand Group (NASDAQ: NAKD) surged 21.8% on Monday, as investors' excitement about a potential game-changing acquisition reached a fever pitch. Naked Brand's popularity among traders on Reddit and other social media sites helped it raise cash via stock offerings earlier this year. After ridding itself of debt and amassing a war chest of $270 million, Naked Brand's management team went hunting for takeover targets.
Names in the electric vehicle sector sometimes move as a group, but three stocks that are doing their own thing today are Nio (NYSE: NIO), Nikola (NASDAQ: NKLA), and Canoo (NASDAQ: GOEV). As of 11:30 a.m. EDT, Nio shares were about 2% higher, while Nikola shares were up nearly 5%. Canoo's move makes sense.
In this article, we reviewed Bridgewater Associates founder Ray Dalio’s portfolio adjustment strategies to cope up with the market volatility. We also discussed the top ten stocks billionaire Ray Dalio is buying. You can skip our detailed discussion and jump directly to Billionaire Ray Dalio is Buying These 5 Stocks. Raymond Thomas Dalio’s $223 billion […]
The Securities and Exchange Commission charged two traders with engaging in so-called "wash trading" of meme stocks, including GameStop, Inc. in alleged scheme that netted them hundreds of thousands of dollars in ill-gotten rebates from a number of stock brokers.
China's Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd's WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other's services and links. Local tech blog 36Kr reported on Tuesday that users of Alibaba's food delivery app Ele.me, luxury goods app Kaola and e-book app Shuqi can now purchase goods via WeChat Pay, one of China's most popular online payment options. Alibaba's used-goods marketplace app Xianyu and supermarket app Freshippo have also applied for WeChat Pay integration, the tech blog said.
Shares of cruise line stocks had a great start to the week, with the industry climbing by the high single digits in trading on Monday. Shares of Carnival (NYSE: CCL) (NYSE: CUK) were up as much as 7.7%, Royal Caribbean (NYSE: RCL) was up 5%, and Norwegian Cruise Line Holdings (NYSE: NCLH) rose 4.8% at its peak. The jump in shares was impressive given that the market overall was flat and the biggest mover was oil (an expense for cruise lines), rising 1.9%.
Ending the week on a sour note, shares of Bloom Energy (NYSE: BE), FuelCell Energy (NASDAQ: FCEL), and Plug Power (NASDAQ: PLUG) all tumbled lower on Friday. As of 11:48 a.m. EDT, shares of Bloom Energy are up 5.3%, while FuelCell Energy's stock and Plug Power's stock are up 10.2% and 6.1%, respectively. While some positive news from Wall Street is a catalyst for the rise in Plug Power's stock today, other investors are choosing to power up their portfolios with Bloom Energy and FuelCell Energy after learning of some encouraging news out of the Golden State.
Sometimes an inheritance includes more than a house or an heirloom vase. Investors can choose to pass down to their heirs financial securities like stocks. Determining the value of such a bequest is vital. Without the proper calculations or procedures, … Continue reading → The post What Is the Cost Basis of Inherited Stock? appeared first on SmartAsset Blog.
Apple purchased the buildings, which are all at least 40 years old, from longtime Silicon Valley investor Carl Berg.
JPMorgan CEO Jamie Dimon said that Bitcoin may rise 10 times in price in the next five years. The long-term Bitcoin critic also warned that it would be foolhardy to borrow money to buy Bitcoin.
As China tries to reshape its economy, many U.S. companies, including those in materials and technology sectors, may feel some pain.
Investors have been rewarding companies that are doing a particularly good job of pumping out free cash flow and increasing their shareholder returns.
Harding Loevner, an investment management firm, published its “Global Equity Fund” second-quarter 2021 investor letter – a copy of which can be downloaded here. A return of 10.70% was recorded by the fund for the Q2 of 2021, beating its Benchmark, the MSCI World Index, which returned 7.89% for the same period. You can take a […]
House Speaker Nancy Pelosi will no longer tie the infrastructure bill to a huge spending plan. Tesla, AMD are actionable.
A vote on the bipartisan infrastructure bill is scheduled for this Thursday in the House of Representatives.
A U.S. judge on Monday dismissed a lawsuit accusing Tilray Inc, the world's largest cannabis producer by sales, of fraudulently overstating the value of a marketing and revenue-sharing agreement with Authentic Brands Group Inc. U.S. District Judge Paul Crotty in Manhattan said shareholders failed to show that the Canadian company exhibited "conscious misbehavior or recklessness" in trumpeting the agreement, when it knew that regulatory uncertainty over cannabis-based products would dampen customer demand. "Tilray certainly appears to have overestimated, by orders of magnitude, both the value of the ABG Agreement and the likelihood of fortuitous regulatory change," Crotty wrote.
The market's recent volatility may have you feeling skittish, but it has turned some good investing opportunities into even better deals.