In this article SAM BBBY VIVO SPCE SGEN GME Check out the companies making headlines before the bell: GameStop (GME) – GameStop rallied 7.8% in the premarket after the videogame retailer declared a 4-for-1 stock split. Trading on a split-adjusted basis will begin on July 22. Seagen (SGEN) – Seagen gained 4.5% in premarket trading
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SoFi Technologies (NASDAQ:SOFI), a fintech company that is a one-stop shop for your finances, has an attractive marketing message but not an attractive stock. SOFI stock has seen a decline of nearly 66% year-to-date. Almost a year ago, in August 2021, my article on SOFI was not positive. I considered it a promising company, but
Dallas-headquartered telecommunications giant AT&T (NYSE:T) now has a deal with the Federal Aviation Administration (FAA). This should help solidify AT&T’s status as a 5G leader. This also bodes well for T stock, which is ideal for value seekers and dividend collectors alike. When dollar inflation gets to a fever pitch, stubbornly staying in an all-cash position
Theme park and streaming content company Disney (NYSE:DIS) has been in the headlines lately. However, the focus hasn’t been on any of Disney’s magical characters. Rather, the buzz has been about CEO Bob Chapek getting a three-year contract extension. The impact on DIS stock has been ho-hum, but commentators on social media are still talking about
The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper’s responsibilities into eight basic steps. Many of these steps are often automated through accounting software and technology programs. However, knowing and using the steps manually can be essential for small business accountants working
In this article OXY SAVE UPST GME TWTR LEVI Check out the companies making headlines before the bell: Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its
The outlook of Shopify (NYSE:SHOP) stock is mixed. On the positive side, the company is growing quickly, showing that its niche is still expanding. Additionally, by some measures, it is profitable. Moreover, its chief executive officer (CEO) recently bought a large amount of SHOP stock, suggesting that he has a great deal of confidence in
Mullen Automotive (NASDAQ:MULN), a company based in Southern California that wants to make electric vehicles more accessible to consumers, has announced several important pieces of news lately. A couple of months ago, in March 2022, I had been very bearish on MULN stock. Is the recent news enough to start buying the shares of this
Bank of America (NYSE:BAC) stock could be on the cusp of surging. The bank passed its stress test earlier this month and subsequently raised its dividend to 22 cents per share. I know many investors might fear a recession. However, there’s always uncertainty around. I’d rather buy banking stocks below book value instead of investing
In this article TSLA XPO WDFC COCO UPST The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Upstart — The consumer
Tesla (NASDAQ:TSLA) surprised the market with its June preliminary deliveries report, which unveiled a 1.42x month-over-month increase in Chinese regional sales. Regionally, the electric vehicle giant sold more than 78,000 vehicles last month, a 1.35x year-over-year increase. Many investors are likely to jump on a recovery play as the company’s sales recovery could be misinterpreted
After the coronavirus pandemic, many penny stocks became bubbles due to the sudden increase in liquidity through stimulus packages and trillions in bailouts. The excitement in the market caused users of different platforms, mainly Reddit, to aggressively invest in risky penny stocks. Of course, the recent economic slowdown and inflation have caused most of those
U.S. President Joe Biden will decide whether to cancel any further student debt. He has already canceled $400 billion of student loans; therefore, there is hope that further relief is around the corner. In addition, U.S. Secretary of Education Miguel Cardona said the government could extend the student loan payment pause beyond Aug. 31. Both
So far, 2022 has not been a good one for many stocks. The growth, technology and consumer discretionary categories did well during the pandemic. However, inflation, rising interest rates, and a return to normal caused investors to become more risk-averse. As a result, the major indices are either in correction or bear market territory. However,
Earning more money is the primary goal of most Americans—and in the past few years, they’ve found that changing jobs is the fastest way to do so. Gone is the era of 20 years at the same company with a gold watch at retirement. The average American stays at a job for 4.1 years, according
Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Consumer inflation data and the start of the second quarter earnings season could be two catalysts that make for a bumpy ride in markets in the week ahead. PepsiCo’s earnings are the first major report of the week Tuesday, and Delta Air Lines
Tesla (NASDAQ:TSLA) investors have been on a wild ride these past few weeks. Like most high-growth stocks, TSLA has lost close to 40% of its value from all-time highs. Relatively speaking, TSLA stock has done a decent job of holding its value despite being worth much less now than last year. Stocks of other electric
Stock traders, mark your calendar for July 12. That’s when shareholders of San Francisco-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) will vote on a potential reverse stock split. This event could prove to be a pivotal moment for the company, and for the future trajectory of SOFI stock. 2022 has been a tough year for banks, both
Rocketing prices have made trips to the grocery store a more miserable essential activity than ever. And while it’s natural to think companies involved with bringing food to your table have reaped the rewards, many of those stocks have withered of late. Now though, the dinner bell is summoning investors with three of the market’s
In this article MRVL SLB GME SPCE BBBY HELE Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer jumped more than 8% after the
No matter your opinion of plant-based meat, the most important thing to think of when it comes to investing in Beyond Meat (NASDAQ:BYND) or not is whether this product can become widely-consumed and profitable in the long-term. The verdict? So far, it’s murky at best. That’s a big reason why BYND stock has performed so
It goes without saying that 2022 has been brutal for growth stocks, but Carvana (NYSE:CVNA) is a name that in particular has been hard hit. Year-to-date, CVNA stock is down 88.5%. What’s behind this stunning plunge in price for shares in this automotive e-commerce company? Rising interest rates, and their impact on stock market valuations,
One of the scariest things about a home equity loan is that the lender has permission to sell your house if you fail to keep up with repayments. In exchange for loaning you a big lump sum of cash, the financial institution is granted a legal claim on your property and the right to take
Investing in financial stocks is not just about picking the largest and most-known banks. Financial stocks include banks, insurance companies, firms that provide various financial services, financial technology (fintech) firms, and blockchain technology companies. The best financial stocks to buy in July 2022 were chosen from a myriad of choices with features that will justify
Part Owner and Executive Chef Steve Kemper, prepares food in the kitchen at the Go Fish! Seafood Restaurant and Sushi Bar in Sinking Spring, Pennsylvania, April 8, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images June’s employment report is expected to show strong hiring continues across a broad range of industries,
As investors, we need to be careful that we don’t treat noise as true parameters. GameStop (NYSE:GME) announced that it is executing a four-for-one stock split to lower its stock price and keep it accessible to its retail investor base. According to Michael Pachter of Wedbush Securities: “GameStop management knows that they have a 100%
Today, I have chosen six stocks hedge funds love. To simplify this, I decided to pick the top three stocks of two of the most watched hedge funds that are the most popular in the market. One of those funds is Michael Burry’s Scion Asset Management. We use the company’s 13-F holdings report from the
With all the projected growth for plant-based food and beverage companies, it’s not surprising that investors continue to look for the best vegan stocks to buy. Despite the industry’s growth slowing in 2021, Bloomberg Intelligence’s recent report on plant-based food and beverage suggests that plant-based revenue — which includes dairy, meat, and other plant-based alternatives
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2022 contest. Bob Ciura’s pick for the contest is AbbVie (NYSE:ABBV) stock. The stock market recently entered bear market territory. Although the S&P 500 index has regained some ground lately, there is a possibility of further declines. Inflation continues to roar, and in response
Traders on the floor of the NYSE, June 16, 2022. Source: NYSE U.S. stock futures rose slightly on Wednesday night as investors digested the most recent meeting minutes from the Federal Reserve. Dow Jones Industrial Average futures rose by 26 points, or 0.1%. S&P 500 and Nasdaq 100 futures climbed 0.1% and 0.2%, respectively. Shares