Sofi Technologies (NASDAQ:SOFI) posted excellent second-quarter revenue and earnings on Aug. 12. This was its first quarterly report since SOFI stock went public via a special purpose acquisition company (SPAC) reverse merger. Source: rafapress / Shutterstock.com Sofi now has an $11 billion market valuation but has yet to make a profit for its shareholders. As
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In my last article on Novavax (NASDAQ:NVAX) stock, I made the case why shares in the Covid-19 vaccine play had room to pop. Even as the company faces many challenges with its “also ran” contender. Interestingly enough, shortly after publication of that article, a “pop” may now be in the process of playing out. Source:
No matter what business it’s been in — smartphones, enterprise software, messaging or embedded automotive software — BlackBerry Ltd. (NYSE:BB) has worked hard to craft an identity around security. However, BB stock was in the headlines on Tuesday when it was announced that a security flaw had been found in its QNX software. Source: Shutterstock
Please tell me you didn’t miss it… The biggest event of the year… The single presentation that could’ve handed you the keys to scoring 30X or greater gains in the stock market over the next decade. I’m talking, of course, about our 1 to 30 Wealth Summit, which I hosted with legendary growth investor Louis
AT&T (NYSE:T) stock has been a major disappointment for shareholders. T stock is down not just year-to-date, but also over the past 12 months. Additionally, it has lost roughly 25% of its value compared to where it traded prior to Covid-19. All this occurred in the midst of the huge market-wide bull run. Source: Jonathan Weiss/Shutterstock
By now, you might have heard that The Real Housewives of New York alum Dorinda Medley is renting out her 11,000 square foot Berkshires estate, Blue Stone Manor, for up to eight lucky guests on Aug. 23 and again on Aug. 25. Promoting the two-night stay on Airbnb (NYSE:ABNB), it got me wondering if this
Redmond, Washington-headquartered Microvision (NASDAQ:MVIS) is known for providing a technology known as lidar, or light detection and ranging. MVIS stock is among just a small handful of tradable pure lidar plays on the market right now. Source: Oskari Porkka/ShutterStock.com Lidar systems, just to give you a quick primer, use laser beams to form a three-dimensional image
Originally, when the novel coronavirus first became a thing, Novavax (NASDAQ:NVAX) showed great promise. While other vaccine developers were experimenting with pioneering nucleic-acid-based technologies, Novavax went with a subunit mechanism, a proven approach used in the hepatitis B vaccine. Theoretically, that should have been great news for NVAX stock and it was, at least for
Oracle Corporation (NYSE:ORCL) is leaning even harder into its cloud offerings with its latest announcement. Investors hope the company’s exciting new tech improvements can help push ORCL stock over the top. Source: Jer123 / Shutterstock.com That would be a neat trick considering how quickly Oracle has grown in recent months. It’s been a good growth
We are on the cusp of a once-in-a-generation technological revolution. No. I’m not talking about electric vehicles. Or self-driving cars. Or clean energy solutions. Or space tourism. In fact, you’re probably completely unaware of this seismic shift that is just around the corner, because Wall Street (and Main Street) are completely sleeping on this coming
Why is Tesla (NASDAQ:TSLA) – a car company – worth more than $700 billion? Because, as the bulls like to say, Tesla isn’t a car company. It’s an energy company. Chamath Palihapitiya — an early Facebook exec turned super successful venture capitalist — put it best in a 2021 CNBC interview: “The reality is that
Good companies don’t need Wall Street experts’ seal of approval — but it certainly doesn’t hurt. Fisker (NYSE:FSR) recently got a favorable rating from a prominent analyst, and FSR stock owners should be happy about that. Source: Eric Broder Van Dyke / Shutterstock.com It’s a bold move for an analyst to have a bullish stance on
It may be too early to say that a stock market correction is just around the corner. Markets may be able to withstand the delta variant of Covid-19. Yet other possibilities in the near term, such as America’s post-pandemic economic hitting a wall, or the recent rise in inflation ending up being more than “transitory,”
Back in October of 1927, the world’s leading scientists descended upon Brussels for the fifth Solvay Conference – an exclusive, invite-only conference dedicated to discussing and solving the outstanding preeminent open problems in physics and chemistry. In attendance were scientists that, today, we praise as the brightest minds in the history of mankind. Albert Einstein
Gamestop (NYSE:GME) rode to glory over the last year as a “meme stock.” The name was pushed by investors at Reddit’s wallstreetbets forum as a bet against short sellers. Source: Shutterstock The winner was Ryan Cohen. He co-founded Chewy (NASDAQ:CHWY), selling it to Petsmart for $3.35 billion in 2017. Petsmart led Chewy to glory. Its
Chegg (NYSE:CHGG) is popping after a strong second-quarter earnings report. Chegg’s strong numbers eased fears that demand for the company’s online education platform would taper off as the world normalized and students returned to school. Source: Casimiro PT / Shutterstock.com We didn’t see those fears come to fruition in any sense. Instead, Chegg experienced massive subscriber
In July 2020, I suggested that investors dump United Airlines (NASDAQ:UAL) stock and buy Apple (NASDAQ:AAPL) instead. Source: travelview / Shutterstock.com As an alternative to UAL stock, I advocated buying shares in the U.S. Global Jets ETF (NYSEARCA:JETS) to play the airlines better. Thirteen months later, the airline industry appears to be coming out of
Is Peloton (NASDAQ:PTON) a fad pushed artificially higher by the pandemic, or a trend that’s just taking off? That’s the question investors have been asking about PTON stock for quite some time. The company, which operates a fitness platform for live and on-demand indoor cycling classes, received an obvious boost as the pandemic shuttered gyms.
Prior to the recent revolution in so-called meme stocks, virtual content provider fuboTV (NYSE:FUBO) wasn’t a frequent topic of conversation among market traders. Then the Reddit users got involved, and the daily trading volumes of FUBO stock increased dramatically. Source: Tada Images / Shutterstock.com This is a double-edged sword. The positive angle is that more people are
Skillz (NYSE:SKLZ) is at an inflection point, with short interest of about 17%. The online mobile multiplayer video game company wants to pivot to online gambling. But the market has its doubts about SKLZ stock. Source: NYCStock / Shutterstock.com Skillz shares spiked to more than $45 in February. The stock is down since that peak,
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