Given its performance in recent weeks, you may think Desktop Metal (NYSE:DM) is making a comeback. On May 10, DM stock fell a staggering 61.1%, but in the weeks that followed, it experienced an epic bounce back. Shares in the additive manufacturing (also known as 3D printing) play nearly doubled in price. However, it’s becoming more clear
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Tesla (NASDAQ:TSLA) stock is down roughly 38% year-to-date. With interest rate hikes set to continue and the economy seemingly on edge that would seem to imply Tesla share prices ought to fall further, right? I’m not so sure because I see multiple signs that indicate reason for optimism. Ticker Company Current Price TSLA Tesla, Inc.
In May 2022, Lyft (NASDAQ:LYFT) plunged from $30 to the low $20s. It fell again during the technology wreck sell-off this month. Investors abandoned LYFT stock when Uber’s (NYSE:UBER) Chief Executive Officer said it would cut costs and limit staff hiring. Lyft and Uber are among the 2021 winners when countries lifted the pandemic lockdown.
With the market rattled from various negative events colliding, it’s time to get whatever you can from the market with high-yield dividend stocks to buy. Essentially, waiting for growth-centric names to provide robust capital gains might be a fool’s errand in this ecosystem. Instead, your attention should be directed to businesses that have the earnings
Pro athletes often come under fire for making too much money. Yet a surprising number are far from the top of their game when it comes to managing their wealth. A 2009 Sports Illustrated report estimated that 78% of National Football League (NFL) players file for bankruptcy or are experiencing financial stress only two years
Running with the “in crowd” can be disastrous. In this case, we’re talking about stocks to sell, and not good kids who fall in with popular students who lack bright futures. The danger here isn’t heading down the wrong path and squandering one’s future potential. Instead, the in crowd here relates to stocks that have
Source: Ringo Chiu / Shutterstock.com The last time I wrote about Mullen Automotive (NASDAQ:MULN) in May, I said MULN stock was barely trading over $1 for a reason. The California-based electric vehicle startup had just released a positive update about its ongoing battery testing. I warned investors not to take the bait. Since then, MULN stock is
[“Power Through a Possible Recession With Growth Stocks” was originally published on May 13, 2022. It has since been updated and republished.] Lately, the stock market has been getting crushed. It’s clear that we’re in the middle of a bear market. And it seems likely that the U.S. will see a recession within the next 12
In this article NTAP ORCL IHS BAC AAPL Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility. Investors, already reeling from sharp declines in
Looking under the hood of Mullen Automotive (NASDAQ:MULN) does not make me, to say the least, very confident in MULN stock. One of the company’s greatest achievements is supposed to be the electric-vehicle battery that it has produced. According to Mullen, its battery can deliver more than 600 miles of range. That number is, as
Costco (NASDAQ:COST) has been one of the best brick-and-mortar operators over the past two years. The retailer ran its stores impeccably during the pandemic. Amid a period of unprecedented supply chain disruption and labor force uncertainty, Costco has run a tight ship. This has allowed it to post an impressive string of double-digit top-line sales
Intel (NASDAQ:INTC) stock recently hit a new 52-week low as tech stocks have been hit hard due to a gloomy market outlook. Most high-beta technology stocks have plummeted recently due to a fear of yield curve inversion, which is a leading recession indicator. In addition, risk-aversion is causing all kinds of problems, causing many new
Thinking about graduate school? As if figuring out what to do isn’t tough enough, it’s even tougher to figure out how to pay for it. Depending on the program, graduate school education can cost close to six figures. Even with scholarships and grants, grad students often rely on student loans to get by. Unfortunately, after
If I had to describe Teladoc Health (NYSE:TDOC) in one word, I’d use unhealthy. And since its shares also look unhealthy right now, I have a very bearish view of TDOC stock. The technical analysis of Teladoc stock does not show any signs of a rebound, and the fundamentals are so weak that even a
Inflation, interest rates and recession risk have knocked stocks lower again. Alongside stocks, the crypto and non-fungible token (NFT) markets have cratered, too. Yet this latest market meltdown has only had a moderate impact on GameStop (NYSE:GME) stock. What gives? The long side has seemingly regained the upper hand. They bid up the stock post-earnings,
San Francisco-based Airbnb (NASDAQ:ABNB) provides the go-to home-sharing and homestay network for many travelers. There’s a lot going on with the company now. Some of what you’ll hear about Airbnb might not sound positive at first, but it’s important to get the full story. In the end, there’s still a compelling argument to buy ABNB stock. Top
In this article SGEN UTZ 9618-HK The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Seagen — Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen.
Shopify (NYSE:SHOP) stock was a pandemic darling, but 2022 is neither 2021 nor 2020. SHOP stock commanded more than $1,600 at its height but now has fallen well below pre-pandemic prices. That might make them appear to be a bargain but poor performance and other factors suggest investors should steer clear. It has to be
Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon. As a result, Tesla’s management announced a forthcoming three-for-one stock
These six tech stocks can be counted on to move higher over the next 12 months. This is due to the quality of their earnings, dividends, and free cash flow, pushing their target prices higher. It turns out technology companies can avoid the worst effects of a recession, especially if they are not related to
High-yield dividend stocks offer a stable passive income stream for long-term portfolios in times of rising volatility. It’s not unusual for investors to search for the best dividend stocks to buy, with the markets struggling to gain value. Dividend stocks belong to businesses with safe and reliable operations. So far this year, we have seen
E*TRADE and Fidelity are full-service online brokers that have been around for decades. Founded in 1982, E*TRADE was one of the first U.S. brokers to offer online trading services. The firm positioned itself as one of the best online brokers for options trading after acquiring OptionsHouse in 2016 and integrating a quiver of OptionsHouse tools
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new
Reports of electric van maker Electric Last Mile Solutions’ (Nasdaq:ELMS) bankruptcy filing on Sunday flew under the market news radar. Electric Last Mile came public via a SPAC in 2021 amid a wave of other EV startups. At the time, it was pitched to investors as one of the best pure-plays on commercial fleet electrification.
When markets staged a late-month rally in May, SoFi Technologies (NASDAQ:SOFI) joined it. SoFi stock stalled at the 50-day moving average. This is a technical resistance where selling pressure ended the attempted breakout. Apple’s (NASDAQ:AAPL) aggressive promotion of Apple Pay last week spooked SoFi investors. The technology giant already offers convenient monthly payment options. Apple
Following the June 13 stock market rout, FAANG stocks have hit new lows. Many may be cashing out of them, as uncertainty wreaks havoc on the market, but you may be looking to go against the grain. If you decide to do so, Google and YouTube parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) should be your first pick.
Dividend stocks are catching people’s attention because the stock market is exceptionally volatile right now. Until the Federal Reserve can get inflation under control, expect more wild swings in the weeks and months to come. With uncertainty through the roof, investors are turning to dividend stocks for protection. That’s a logical reaction. Dividends are a
In this article BHC-CA CNC ROKU X 9618-HK BABA Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable
Top investment bank Goldman Sachs believes that the bull market for lithium is over. The bank sees prices on a downward trajectory for the next couple of years, with a substantial correction from today’s levels. Moreover, it is of the view that today’s lithium prices are a “fundamental mispricing [that] has, in turn, generated an
[embedded content] Welcome, folks! It’s that time of the week, when we release the latest episode of our podcast, Hypergrowth Investing. And in today’s show, Aaron Davis and I take an in-depth look at the hot topic of the year – inflation! After a red-hot May consumer price index (CPI) print, stocks are tanking on