Cloudflare (NYSE:NET), the cloud-based security technology company, produced excellent top-line numbers for Q3. However, NET stock has been falling lately, just as I predicted, mainly due to its overvaluation. Analysts are now starting to accept this and offering downgrades. Source: Sundry Photography / Shutterstock.com I recently wrote about this in my article last week. I
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Editor’s note: Below you’ll find the week 68 release of the NYC Recovery Index, originally published December 7, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index took a hit as of Nov. 27, falling from a score of 85 to 71. A severe drop in the
Upstart (NASDAQ:UPST) has been one of this year’s top performers. Shares of UPST stock are up over 260% year-to-date (YTD), from around $40 at the start of 2021 to $151 as of the close of Dec. 13. Source: Postmodern Studio / Shutterstock.com You probably wouldn’t realize that if you’ve just tuned into the Upstart story, however.
Take a look at some of the biggest movers in the premarket: Harley-Davidson (HOG) – The motorcycle maker’s stock surged 11.7% in the premarket after it announced that it is merging its “Livewire” electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade
IonQ (NYSE:IONQ) seeks to lead the way in a very specific market: quantum computing. Fortunately, you don’t have to be a mathematician or computer scientist to invest in IONQ stock. Source: Amin Van / Shutterstock.com It is important to understand what the company does, though. To put it simply, IonQ develops quantum computers designed to solve
ContextLogic (NASDAQ:WISH) management characterized weak third-quarter results released on Nov. 10 as ‘progress on its turnaround strategy.’ Source: sdx15 / Shutterstock.com That was wishful thinking to be sure. There doesn’t appear to be anything remotely close to a turnaround occurring. It’s much more a slow slide into irrelevance as value slowly drains out. That’s really
Biofrontera (NASDAQ:BFRI) is working to clear up skin lesions that can appear after a lifetime of Sun and fun. Since BFRI stock went public in late October at $5 a piece, shares are up more than 36%. Source: Pavel Kapysh / Shutterstock With revenue up 45%, anticipation surrounding third-quarter earnings helped fuel the rise. So
Access free tools and notes to these lessons at: http://www.BuffettsBooks.com Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned the importance of always understanding the consequences of our actions. Buying and selling stock can have an
In this article MS Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. “I was wrong on this,” he told CNBC’s Wilfred Frost Monday on “Closing Bell.” “I thought we would have
In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
Nokia (NYSE:NOK) has been a sleeping tech giant for the past five years, but suddenly it woke up in 2021. Now, the company has a major business transformation underway. But more importantly for NOK stock investors, it has achieved remarkable financial performance this year. Shares are up by approximately 52% year-to-date (YTD), outperforming the S&P
I’ve been trying to convey to investors for a while now that a good company doesn’t necessarily make for a good stock buying opportunity. Network security technology provider CrowdStrike (NASDAQ:CRWD) is a great example of this concept. CRWD stock was a hot commodity in 2020 and the better part of 2021 as retail money flooded
The title of world’s richest person can change on any given day, depending on corporate share prices—but as of late, that title has been held by Elon Musk. Famous for his business prowess, communication style, and role as a tech visionary, Musk has often been hailed as a genius. Musk is the CEO and co-founder
As much as I’d like to pitch three bullish ideas, Monday’s market meltdown doesn’t allow it. My watch list is a sea of red, and the usual suspects are tumbling. Reopening plays, small caps, once-loved-now-loathed growth stocks — down, all down. I’ve scanned the top losers on the session and found plenty of fodder for
PayPal (NASDAQ:PYPL) stock is now nearly 10% on the month and nearly 20% on the years, but that presents an opportunity to get in on a stock with a big future. Source: JHVEPhoto / Shutterstock.com The company has gained momentum after the pandemic but the recent sell-off is making investors frustrated. The world of digital
Cloudflare (NYSE:NET) stock was one of scores of growth plays hammered lower by the recent market sell-off. Source: Sundry Photography / Shutterstock.com Falling from around $200 per share, to around $140 per share, NET stock seems to have found a floor. Or has it? News of Covid-19’s Omicron variant may have sparked this recent bit of
Virgin Galactic (NYSE:SPCE) stock went “to the moon” twice earlier this year. Source: Christopher Penler / Shutterstock.com It was an already popular play before the meme stock craze, but you can chalk up this investing phenomenon as the main reason for 2021 price spikes. The high concept nature of its business (space exploration) coupled with high
In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary
In this article PFE BNTX CPB THO WEBR SFIX Check out the companies making headlines before the bell: Pfizer (PFE), BioNTech (BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer and BioNTech also said they’re continuing to work on
The holiday season has arrived. Bullish investors are hoping for a potential Santa Claus rally after what’s been a bumpy start to the last month of the year. As more information on the omicron variant continues to crop up, Wall Street’s worst fears of a large-scale lockdown seem to be fading away. Against this backdrop,