Clover Health Investments’ (NASDAQ:CLOV) earnings continue being negative although some operating numbers seem to offer hope of a better stock price in the future for CLOV stock. For instance, in February the company announced that its 2022 revenues were expected to be more than $3 billion; this would be largely thanks to a forecast 90%
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In this article SOFI Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Shares of SoFi fell sharply on Tuesday and were halted after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close
In this article AMC PTON UPST PLTR A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton – Shares tumbled 12% after the equipment maker disclosed it’s
If you’re wondering what stocks to buy for $20, then we have some names for you. Ford (F): The legacy carmaker is making waves with its EV production. Vermilion Energy (VET): Oil and natural gas prices are spiking because of the Russia-Ukraine war. Mitsubishi UFJ Financial Group (MUFG). This holding company offers an attractive dividend.
Nio (NIO) offers Tesla (TSLA) luxury without the production volumes. The company has stiff competition within China, and those competitors are now exporting. Nio will likely remain small, and investors should demand a profit. Source: Robert Way / Shutterstock.com At this point in the game, investing in Nio (NYSE:NIO) stock means investing in the Chinese
Novavax’s Covid-19 vaccine still isn’t approved for use in the U.S. With the pandemic in full retreat and the majority of people now fully vaccinated, demand for Novavax’s vaccine is likely to be weak. Rival pharmaceutical companies Pfizer and Moderna have beat Novavax to market with multiple Covid-19 treatments. Source: rarrarorro / Shutterstock.com Any hope
U.S. stock futures were higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 105 points, or 0.4%. S&P 500 and Nasdaq 100 futures climbed 0.4% and 0.4%, respectively. Shares of AMC and Novavax made major moves after hours on
Twitter (TWTR) stock is still selling for $5/share less than Elon Musk’s offer. Musk has the money lined up thanks to SpaceX. What happens after the purchase isn’t your problem. Source: rafapress / Shutterstock.com Since Elon Musk said he would buy Twitter (NYSE:TWTR) for $54.20/share, about $44 billion, shares haven’t traded over $52. Twitter opened
How Can a Strong U.S. Dollar Hurt Emerging Nations? After years of keeping interest rates near zero, the U.S. Federal Reserve Bank raised its key interest rates by 25 basis points in March 2022 and by another 50 points in May. And, it signaled that it planned to raise rates several more times in 2022
In today’s episode, I want to share with you some basics about dividend investing as well as the power of dividends and how they can benefit you and build wealth for you over the long term. We’ll cover topics such as, what is a dividend? How much can you make with dividends? Why do companies
According to short-seller Hindenburg research, Mullen Automotive (NASDAQ:MULN) may be the next electric vehicle stock debacle. The news that Hindenburg Research has Mullen Automotive in its sights is not new. The short seller revealed its findings over a month ago. But those findings are worth revisiting as the stock continues to behave with volatility. Further,
SoFi Technologies (NASDAQ:SOFI) reports its first quarter 2022 earnings on Tuesday after the markets close. If you own SOFI stock, I don’t think you need to worry about any negative surprises. The big elephant in the room — the federal student loan moratorium extended through August — and its effect on its business here in
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment. “We are reducing our involvement
In this article UBER RIVN F PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir – Shares of the software company dropped more
Excluding energy, Apple (NASDAQ:AAPL) seems to be one of the few names propping this market up. Will it get flushed lower in the coming days and weeks? It’s possible, although AAPL stock has held up best among mega-cap tech stocks. If we should see a flush lower, Apple is one worth buying. Why? There are
Medical health services company Teladoc Health (NYSE:TDOC) has seen its prognosis go from bad to worse over the past month. TDOC stock had already plunged as part of the broader selloff in speculative technology companies. However, that selloff accelerated dramatically following Teladoc’s latest earnings report, which was a disappointment on almost all fronts. The terrible
Given QuantumScape’s (NYSE: QS) relatively high valuation and the fact that its batteries, in a best-case scenario, won’t be commercialized for many years, the risk/reward ratio of QS stock is unfavorable at this point. Also worth noting is that investors are rather skeptical about pre-revenue companies such as QuantumScape in the current macro environment, while
In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported
Global conflict and rising interest rates in the U.S. are creating undervalued bank stocks. Citigroup (C) is in the news this week for a snafu in Europe, but that shouldn’t hurt C stock in the long-term. JPMorgan Chase & Co. (JPM) is the largest of the U.S. big bank stocks. Bank of America (BAC) had
Your debt-to-income ratio (DTI) is a personal finance measure that compares the amount of debt you have to your gross income. You can calculate your debt-to-income ratio by dividing your total recurring monthly debt by your gross monthly income Why do you need to know this number? Because lenders use it as a measure of your
I’ll be talking about trading penny stocks in the stock market, we’ll talk about some of the theory, the advantages and some of the risks that go along with trading penny stocks. We’ll spend about 30 to 40 minutes as usual on this lesson and I’ll try to condense and compress as much knowledge and
Affirm (NASDAQ:AFRM) continues to fly multiple red flags, including a high valuation, very tough competition and a bottom line that may be deteriorating. Additionally, there are multiple signs that the Street is quite bearish on the shares. In light of all of these points, I continue to recommend investors sell AFRM stock. The trailing price-to-sales
The number of zombie companies ebbs and flows with economic cycles and usually increases during recessionary periods. Diebold Nixdorf (DBD): The ATM machines business contributes to top-line growth as customers increasingly shift toward automation and self-service. Mattel (MAT): The toy company plans to produce more than a dozen movies, including the highly anticipated Barbie movie in 2023.
People work at the Rivian Automotive electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters The economy is expected to have added another 400,000 jobs in April, reflecting a very tight labor market, but economists say the number of new hires could start to slow from here. A slowdown might be
These trending Reddit stocks have considerable growth catalysts in motion, offering healthy upside potential in May and beyond. AdvisorShares Pure U.S. Cannabis ETF (MSOS): This leading cannabis ETF offers exposure to the crème de la crème of the U.S. cannabis sector. Mullen Automotive (MULN): A fairly priced EV company with plenty of growth catalysts. Citius
Earnings season isn’t kind to everyone, and even before PayPal’s (NASDAQ:PYPL) earnings, investors were expecting the worst. As expected, the company couldn’t manage to impress, and the disappointing sentiment continued. In fact, PYPL stock hit its 52-week low on the morning of May 6. In my previous coverage of the stock, I mentioned that the
Snowflake (SNOW) has lost half its value as investors abandon money-losing tech companies. SNOW stock has positive operating cash flow and enough cash to get through a recession. Speculators are waiting for their opportunity to pounce. Source: Sundry Photography / Shutterstock Snowflake (NASDAQ:SNOW), the data warehouse stock technically based in Montana, has lost half its
In this article SPCE SQ CI UAA SHAK DKNG Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker posted an adjusted first-quarter loss of 1 cent per share, compared with a profit estimate of 6 cents per share. Under Armour also issued a weaker-than-expected outlook for its
Here are seven stocks to buy if you believe the Federal Reserve will continue to aggressively raise interest rates. Dollar General (DG): The company is expanding its footprint at a time when consumers will be looking to stretch their dollars. Advance Auto Parts (AAP): With new and used vehicles suffering from lack of supply and
If you’re like many adults, the thought of taking early retirement (could you retire at 45?) has probably crossed your mind at least once or twice. For most of us, it’s simply not an option as the financial ramifications are complicated (not to mention those dependent children who seem to need to go to college).