The SXM-7 satellite, built by Maxar Technologies for SiriusXM, is seen here in Maxar’s manufacturing facility in Palo Alto, Calif. Maxar A recently launched Sirius XM satellite suffered “failures” during preliminary testing in space, the company noted in a securities filing on Wednesday, although it did not disclose the cause of the malfunction. “During in-orbit
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Scott Mlyn | CNBC Check out the companies making headlines in midday trading. GameStop — The gaming retailer’s shares continued their rally, as the stock price more than doubled to surpass $360, up 140%. Retail investors have been driving the share price higher, pushing back against short sellers. Melvin Capital, which was short GameStop, closed out
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The stock market’s rally during spiking Covid cases, which could threaten the U.S. economy’s recovery, may be justified by strong earnings from struggling American industrial companies, CNBC’s Jim Cramer said Tuesday. “These are astounding numbers,” Cramer said on “Squawk on the Street,” referring to quarterly results from General Electric and Raytheon. “It makes you feel
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Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company’s annual shareholders meeting in Bellevue, Washington, on Nov. 29, 2017. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell: Microsoft — Shares of the software giant popped more than 5% in after-hours trading after the company
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The financial advisory field is rife with talented professionals who do a great job of managing their clients’ portfolios and developing strong, tax-smart strategies for retirement and other life events. Advisors’ real value lies in managing client behavior. Their mission is to keep their clients focused on their goals, even as their short-term objectives may change. It’s how
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The start of the year is the time for predictions, and why shouldn’t those predictions be bold ones? After the past 12 tumultuous months, it’s nice to take a deep breath and think about what is likely to happen in the coming year, especially in the fast-moving and often volatile technology sector. Plus, tech stocks
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SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA A pair of investors are joining the first fully-private flight to the International Space Station — not as financial backers, but as the passengers flying along. Houston-based start-up Axiom Space on Tuesday unveiled that real estate investor Larry Connor
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When it comes to the stock market, sometimes the baby gets thrown out with the bathwater. This means if a particular sector or industry is weak, even the stocks of good companies may go lower. One signal of a company’s strength is the ability and choice to pay dividends. If they are doing this, it
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Pershing Square Tontine Holdings Ltd (NYSE:PSTH) is now typical of larger speculative special purpose acquisition companies (SPACs) that have risen solely on speculative fever. This is indicative of a frothy market, at least in regards to PSTH stock. Source: Pasuwan/ShutterStock.com This is because it’s at a 45% premium to its inherent $20 redemption price in less
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Many politicians, government officials, and members of the media are misleading you about the COVID-19 vaccines. Source: Shutterstock They’re not stretching the truth about the effectiveness of the vaccines, however. Just the opposite, in fact. They’re downplaying the effectiveness of the vaccines — and emphasizing what they might not do. While virtually every vaccine out there
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Tattooed Chef (NASDAQ:TTCF) has important strengths and a huge opportunity. But on the other hand, the company also has worrisome weaknesses, a major threat and a valuation that isn’t particularly enticing. Consequently, longer-term investors should keep an eye on TTCF stock, but avoid the shares for now. Source: Shutterstock Among Tattooed Chef’s strengths are its
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