We finally have more clarity regarding when DiDi Global (NYSE:DIDI) will list in Hong Kong. According to a South China Morning Post report, shares could list as early as the second quarter of this year. The company is set to delist in the U.S. and offer a one-for-one exchange for their shares. It caps a
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If Twitter (NYSE:TWTR) is going to improve in 2022, it will have to find new ways to attract users. But how it will manage to do that is still up in the air. And that’s why TWTR stock is bleeding these days. Twitter currently trades at $35.10, down more than 18% since the beginning of
With the growth of online retail, I can understand the attraction retail investors have to ContextLogic (NASDAQ:WISH). However, WISH stock is down about 90% from its 52-week high. And the chart hasn’t given bulls much to be encouraged about since early summer. Source: sdx15 / Shutterstock.com That was when I first wrote about WISH stock.
Investors in Novavax (NASDAQ:NVAX) can’t catch a break — whether the news is positive or negative. One month ago, NVAX stock was trading for above $200 per share. Since then, it’s plummeted 55% to around $90 a share. Despite my longstanding bullishness on the Covid-19 vaccine play, I’ll admit it’s debatable whether NVAX stock is
It’s earnings season, everybody. Are you ready to rumble? Among the most highly anticipated earnings releases will come from Texas-headquartered telecommunications giant AT&T (NYSE:T), as T stock is on the comeback trail and could continue its upward momentum. Source: Jonathan Weiss/Shutterstock AT&T’s fourth-quarter 2021 earnings release is scheduled to take place on Jan. 26 before the
Canadian cannabis grower, retailer and investment firm Sundial Growers (NASDAQ:SNDL) had its 15 minutes of meme stock fame a little less than a year ago. Shares rocketed 725% higher between the start of 2021 and its high of nearly $4 in February. But since then, SNDL stock has plummeted to around 52 cents a share
Microsoft (NASDAQ:MSFT) is buying Activision Blizzard (NASDAQ:ATVI) for $68.7 billion. It’s a play for both the gaming market and the emerging metaverse space. The bid sent ATVI stock up more than 25%. Activision Blizzard stock opened January 19 at $82.64, a market cap of $64.1 billion. Source: Sergei Elagin / Shutterstock.com The difference between the
If you’ve been waiting to buy Lucid Group (NASDAQ:LCID) on the cheap, this may be your chance. LCID stock currently sits 32% below its high of $57.75, made in mid-November. Shares have fallen nearly 14% in the past week alone as the company approaches the lockup expiration for legacy shareholders. Source: ggTravelDiary / Shutterstock.com Following
Following last month’s tech stock selloff, scores of high quality names have fallen to “can’t miss prices.” Pushed down by market uncertainties, not fundamentals, now may be the time to scoop some of them up for your portfolio. However, that’s not the case for C3.ai (NYSE:AI) stock. Source: Shutterstock A provider of enterprise artificial intelligence (AI)
Among early stage electric vehicle (EV) stocks, Rivian Automotive (NASDAQ:RIVN) is one that’s been placed in the winner’s circle even though it has yet to cross the finish line. And while RIVN stock may be down big from its all-time high, hit right after its IPO, shares sport a “priced for perfection” valuation. Source: Michael Vi /
It goes without saying the past two months have been brutal for GameStop (NYSE:GME) investors. Back in November, GME stock was trading for as much as $252.20 per share. Today, at around $123.25 per share, it’s down more than 50%. Source: quietbits / Shutterstock.com This sell off, of course, is the product of changes in the market
Electric vehicles are likely to remain a key investment theme through 2022. However, as competition in the industry intensifies, investors need to be increasingly selective in choosing EV stocks. Lucid Group (NASDAQ:LCID) stock is one stock that deserves a place in the portfolio. The LCID stock price is up 8.83% so far in 2022. Source:
ContextLogic (NASDAQ:WISH) stock has left most investors wishing that they’d never heard of the company in the first place. The e-commerce firm went public in December 2020 and appeared to have bright prospects. It was growing at a rapid clip and seemed to have a unique model that would earn it a solid place in
Fourth quarter earnings season is underway and expectations are running high. Data from FactSet shows that companies listed on the S&P 500 index are forecast to generate an average 21.7% year-over-year increase in earnings per share for the fourth quarter of 2021. If accurate, the growth would represent the fourth consecutive quarter where corporate earnings
Chinese automaker Nio (NYSE:NIO) has several strengths, including its innovative battery-exchange program, significant sales growth and its pending expansion into multiple overseas markets. Yet, NIO stock is down 50% in the past year. Source: Andy Feng / Shutterstock.com Maybe that’s because in the past several months, the company’s sales growth and financial results haven’t been
Investors surely had dreams of Virgin Galactic (NYSE:SPCE) stock going “to the moon” after Sir Richard Branson’s historic space flight last summer. They’ve been sorely disappointed. SPCE stock is down 80% since Branson became the first of the billionaire space company founders to take his own craft to outer space. Source: Christopher Penler / Shutterstock.com
For the past two months, Palantir Technologies (NYSE:PLTR) has been in sell-off mode. Due to disappointing earnings, plus the cycling out of tech growth stocks ahead of planned rate hikes, PLTR stock has dropped from around $26.75 per share to around $16.75 per share. Source: Ascannio / Shutterstock.com Bouncing back in recent days, after falling down to
Shares of GameStop (NYSE:GME) have rewarded investors very well in 2021. The stock had gains of about 250% for the past year with a closing price of $128.06 on Jan. 12. 2022. On the other hand, GME stock has already losses of 15% in 2022. The erratic moves of the stock with a 52-week range
Cryptocurrencies are supposed to protect their holders against fiat money debasement. That’s one of the central tenets of the bull case for Ethereum (CCC:ETH-USD), Bitcoin (CCC:BTC-USD) and other leading cryptos. Source: shutterstock In a way, crypto is supposed to be precious metals of the 21st century. Gold and silver have long served as defense against hyperinflation across human
With the Fed’s latest moves raising concerns that the “everything bubble” has more room to deflate, hot stocks may seem like the last area you should invest in right now. Sentiment for crypto, tech stocks, and speculative growth plays may be shifting. But that doesn’t mean you should avoid every stock that was red hot
Airlines were doing great at getting people back on their feet after a brutal 2020 ravaged by the Covid-19 pandemic. Passengers finally want to travel again. However, airline stocks are not doing so well right now. You can chalk that down to the omicron variant, which is spreading fast and highly contagious. After a harrowing
With Covid-19 concerns fading and travel stocks attracting attention in today’s market, it is only natural that investors will be looking to capitalize on this opportunity. The United States just removed its travel restrictions for international travelers and other countries are following in its footsteps. The White House has announced that Dr. Anthony Fauci, the
As the U.S. infrastructure bill passed last year, investors’ interest in companies like charging-station manufacturer EVgo (NASDAQ:EVGO) surged. Since the bill included funding for the build-out of electric vehicle (EV) charging networks, a long position in EVGO stock seemed like a sure winner. Source: Sundry Photography / Shutterstock.com Yet, there’s no such thing as a sure
Ever since Block, Inc. (NYSE:SQ), formerly known as Square, released its earnings for Q3 on Nov. 4, its stock has been in a free fall. As of Nov. 3, it was $252.48, but by Friday, Jan. 7, SQ stock closed down $110.90 to just $141.54. That represents a decline of 43.9% in just over 2
Not long ago – Dec. 9, 2021, to be precise – Solid Power (NASDAQ:SLDP) debuted on the Nasdaq exchange after the company completed its SPAC (special purpose acquisition company) merger with Decarbonization Plus Acquisition Corp. III. As a result, Wall Street can say good-bye to DCRC stock and hello to SLDP stock. Source: Shutterstock Thus, we have
Cannabis operator Sundial Growers (NASDAQ:SNDL) stock has had a wild ride. Sundial was a hot stock in 2019, it went to almost zero in 2020, and then came roaring back amid the WallStreetBets excitement. Source: Jetacom Autofocus / Shutterstock.com Sundial had a fairly underwhelming 2021 from a stock perspective, as shares slumped back under a dollar.
Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Earnings reports season gets off to a slow start next week before a number of banks and financial companies report their latest quarterly results on Friday, Jan. 14. The bank earnings will be closely watched, especially given that bank stocks, as a
In 2020, every macro trend could not go more right for Peleton (NASDAQ:PTON) and PTON stock. Last year was, at-best, mediocre period for the exercise-equipment maker in terms of the macro situation. And late last year, the situation turned quite negative for the company and its shares. Source: JHVEPhoto / Shutterstock.com Now all signs are
AT&T (NYSE:T) is recovering from a government agency dispute threatening to slow deployment of 5G services. As such, further gains in T stock will be hard to come by. Source: Jonathan Weiss/Shutterstock The Federal Aviation Administration (FAA) had raised concerns of interference between the “C Band” frequencies AT&T bought in last year’s spectrum auction, and
Online trading platform Robinhood (NASDAQ:HOOD) has its fair share of detractors. Critics claim that the company takes advantage of retail investors, has turned buying and selling stocks into an addictive game and is not upfront about the fees it charges for making trades on its platform, a worrying trend for investors looking at Robinhood stocks.
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