Stock Market

Canadian cannabis company Sundial Growers (NASDAQ:SNDL) has been a disappointment to investors for much of its time as a publicly traded company. SNDL stock crashed in 2019 shortly after going public, as the company’s initial go-to-market strategy failed. Source: Postmodern Studio / Shutterstock.com Reddit traders found Sundial in early 2021, with shares spiking 725% to
0 Comments
On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) shocked the Street by announcing a 20-for-1 stock split. The initial reaction was one of praise and excitement. The reduction in share price will bring GOOG stock into the acceptable price range for eventual inclusion into the prestigious Dow Jones Industrial Average. Investors rewarded the king of search with
0 Comments
Investing in energy stocks like Exxon Mobil (NYSE:XOM) is all about your time horizon. In the near term, oil and natural gas prices are likely to be volatile, making it difficult to determine which way XOM stock will trend. Source: Jonathan Weiss / Shutterstock.com By the end of 2022, traditional energy stocks could start to be
0 Comments
IonQ, Inc. (NYSE:IONQ) is a technology company that develops general-purpose quantum computing systems. Its website claims that “quantum computing has the potential to change the world.” Investors seem to be confused about this bold statement as they have witnessed a three-month return of nearly -51% for IONQ stock. However, IONQ stock also has a one-month
0 Comments
Wall Street investors cannot find the courage to buy famous giga-caps, so I don’t blame them for shying away from Sea Limited (NYSE:SE) stock. Source: Postmodern Studio / Shutterstock.com After a 960% rally out of the pandemic bottom, SE stock crashed and burned in a fantastic fashion. On the way up it stutter-stepped around $240
0 Comments
When I saw InvestorPlace’s Chris Tyler’s take on Digital World Acquisition (NASDAQ:DWAC), the special purpose acquisition company poised to take Trump Media & Technology Group (TMTG) public, I found myself conflicted. In any other circumstance, I would agree wholeheartedly with his position on DWAC stock. Source: rafapress / Shutterstock And that position is simply this:
0 Comments
Novavax (NASDAQ:NVAX), the biotech company with an up-and-coming Covid-19 vaccine, ended 2021 at $143.07. As of today, NVAX stock is down to around $84, although it rose 8.7% yesterday. Source: vovidzha / Shutterstock.com So, since the end of 2021, Novavax is still down 41%. These are miserable returns for a company that has a market
0 Comments
I boosted Twilio (NASDAQ:TWLO) stock in June and I’m sorry I did. Source: Tada Images / Shutterstock.com I liked how they were building an “API Economy.” They focused their attention and money on companies like Zipwhip, which supports texting. Twilio invested in Terazo, which offers software development as a service. Twilio gained fame and fortune with
0 Comments
Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
0 Comments
The electric vehicle (EV) revolution went into high gear after Tesla (NASDAQ:TSLA) made it cool to own one. The world has had EVs since the 1880s but never as a serious option. Up until Tesla, the alt-fuel cars were wonky looking and posed no threat to the internal combustion engine (ICE). Rivian (NASDAQ:RIVN) is among
0 Comments
Digital World Acquisition (NASDAQ:DWAC) is a special purpose acquisition company (SPAC). Even in a brutal downturn for SPACs, DWAC stock has managed to succeed beyond everyone’s wildest expectations. That’s because Digital World announced a merger with former President Trump’s emerging media and internet company, Trump Media & Technology Group (TMTG), which is planning on launching
0 Comments
When it comes to opinions and analyses about Matterport (NASDAQ:MTTR) stock these days, you can’t ignore the metaverse. Source: Ken Wolter / Shutterstock.com As a leader in 3D spatial visualization technologies, the company’s platform enables a more immersive experience than was ever possible through the internet. Logically, such an innovation lends itself to metaverse-based applications,
0 Comments