It’s been trading sideways over the past few months, but Lucid Motors (NASDAQ:LCID) stock remains one of the hottest EV stocks among investors. Expectations run high that the company, which plans to roll out its flagship Air luxury EV later this year, will give the incumbent in this space, Tesla (NASDAQ:TSLA) a run for its
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In the last 12-months, there have been dozens of stocks that have provided multi-fold returns. At the same time, there have been underperformers in the bull market. AT&T (NYSE:T) stock is among the top names in the list of stocks that have remained depressed. Source: Shutterstock Even setting aside its company-specific developments, there are several
GameStop (NYSE:GME) remains one of the year’s most remarkable stock market stories. GME stock enjoyed not one but two historic short squeezes, leading to windfall profits for longs and incredible pain for skeptics such as Melvin Capital. Source: rblfmr / Shutterstock.com However, the fun may be winding down for GameStop. Shares have been sliding for
Coinbase Global (NASDAQ:COIN) has been a fantastic growth story, as they have definitely taken advantage of first mover status in cryptocurrency trading. Founded in 2012, Coinbase is the top cryptocurrency exchange platform in the U.S., and COIN stock has tumultuously followed the trends in cryptocurrency prices. The company’s goal is to be a safe and
When experimenters or researchers are looking for data, it is often impossible to measure every individual data point in a population. However, statistical methods allow for inferences about a population by analyzing the results of a smaller sample extracted from that population. There are several methods of sampling. Stratified random sampling is one common method
While Biogen rides a big-cap rollercoaster, a few small players are creating better trading opps.
Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. That bullishness continued into late August as prices rebounded above $50,000. “The bitcoin
In this article URBN SAVA EXPR JNJ DKS SCVL Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its
Investors in AT&T (NYSE:T) stock are struggling to keep up with the changes in the company’s business, and the share price reflects their question marks. Source: Jonathan Weiss/Shutterstock T stock is down about 5% in 2021. By comparison, the S&P 500 index is up over 19% so far in the year. After trying to integrate media
Tired of meme stocks? 2021 has seen a flood of stocks that have made huge gains — and often fallen back to Earth just as quickly — thanks to Reddit and retail investors. The best dividend stocks offer an alternative to meme stocks. They may not hold the promise of rapid gains, but companies that
With poor financial results, declining market share and no access to the U.S. market, Canadian cannabis producer Canopy Growth (NASDAQ:CGC) stock remains difficult to bet on. Source: Shutterstock CGC stock is down 33% so far this year and the slide shows no signs of ending anytime soon. At $17.47, the company’s shares are now at
Poshmark (NASDAQ:POSH), the new and second-hand clothing online store, produced excellent earnings for its second quarter ending June 30 on Aug. 10. With that in mind, here is the bottom line: POSH stock is worth at least 55% more at $41.20, compared to its price as of Aug. 21 of $26.53. Source: NYC Russ /
American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said that only vaccinated people can enter its buildings starting next month. The leading global investment bank said that the new policy starts Sept. 7 and applies to
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in after hours trading. Nordstrom — Shares of the retailer slid more than 3% in extended trading despite Nordstrom beating top- and bottom-line estimates during the second quarter. The company earned 49
Shares in Marathon Digital (NASDAQ:MARA) are on the move again. A penny stock through half of 2020, MARA posted over 400% growth at the start of 2021 before shedding more than half its value by mid-May. Along the way, trading in MARA stock was even halted by the U.S. Securities and Exchange Commission (SEC). Source: biggunsband
Early last month I wrote that Exxon Mobil (NYSE:XOM), then trading for $60.14, was worth at least 25% more at $75.19. At the time, XOM stock had a 5.76% dividend yield and traded for 16 times forward earnings. Source: Michael Gordon / Shutterstock.com The good news is that Exxon is now cheaper at $55.10 as
Cassava Sciences (NASDAQ:SAVA) is a biotech company with an important goal: fighting Alzheimer’s disease. It has several treatments in development, but is SAVA stock worth adding to your portfolio? Source: Shutterstock Obviously, I want this company to succeed; I witnessed a family friend’s battle with Alzheimer’s disease, and I would love for Cassava to succeed
InvestorPlace’s Brenden Rearick reported on Aug. 17 that Renaissance Technologies upped its stake in AMC Entertainment (NYSE:AMC) in the second quarter by 260%. The hedge fund now owns more than 1.8 million shares of AMC stock. Source: Helen89 / Shutterstock.com Jim Simons, the billionaire who runs the hedge fund, seems to be saying yes to
76 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index made slight progress as of August 7, bringing its score back to 76 from 75, effectively where it was two weeks ago. A reduction in unemployment claims was primarily responsible for
Preston Pysh talks with Bitcoin influencer, Croesus, about his articles on Bitcoin’s adoption curve and value proposition. IN THIS EPISODE, YOU’LL LEARN: – Why the yuppie elite do not get Bitcoin – Unit Bias – The two types of models to understand the value of Bitcoin – Why the digital revolution has two parts –