Stock Market

The Biden administration is considering extending the pandemic pause for federally-backed student loans beyond May 1 SoFi Technologies (NASDAQ:SOFI) CEO Anthony Noto believes it will do more harm than good Investors shouldn’t worry about what this means for SOFI stock In early March, White House Chief of Staff Ron Klain stated that President Biden might
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Ark Investment Management fully exited its Palantir Technologies (PLTR) position in March. Cathie Wood’s firm held more than 30 million shares in early February. The portfolio manager’s exit should not influence your decision about the company. Source: Spyro the Dragon / Shutterstock.com It’s been a couple of weeks since star portfolio manager Cathie Wood fully
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Kidpik (PIK) is an interesting but under-reported company with a subscription business model. Wall Street and/or meme-stock traders might start to take an interest in Kidpik, especially after a game-changing news item. Investors should conduct their due diligence and consider a small stock position in Kidpik. Founded in 2016, New York-headquartered children’s clothing company Kidpik (NASDAQ:PIK)
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Crowdstrike is only halfway back to its November high Revenue beat estimates in the latest quarter Cybersecurity remains a hot niche Source: T. Schneider / Shutterstock.com Crowdstrike Holdings (NASDAQ:CRWD) stock has been rising since the start of the Russia’s invasion on Ukraine. Shares opened Mar. 28 at $220.15 each. They were bouncing around $160 before
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Pinterest (PINS) stock captured people’s attention during the onset of Covid-19. However, two years have passed and Pinterest hasn’t demonstrated enough growth in key areas. Investors should be cautious and consider other investments than Pinterest stock now. Source: Ink Drop / shutterstock San Francisco-headquartered Pinterest (NYSE:PINS) stock is a visual discovery platform that became quite popular
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Painfully, the ongoing Russia-Ukraine conflict has too many unfortunate victims. Investors who couldn’t get out of beaten-up Russian stocks before international exchanges abruptly suspended trading in Russian shares may still hope to get out someday once trading resumes. However, the tough, painful, and crippling global sanctions imposed on Russian entities, its oligarchs, and key industries
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Opendoor Technologies (NASDAQ:OPEN) is going to have passionate advocates. The company will also have individuals who will never use the technology. But like many things in society, that leaves a wide group of individuals in the middle. And it’s that group that will decide the outlook for OPEN stock. Source: PREMIO STOCK/Shutterstock.com   Opendoor’s revenue
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Should investors follow Warren Buffett’s lead and acquire shares of Occidental Petroleum (NYSE:OXY)? After all, OXY stock has essentially doubled on a year-to-date (YTD) basis. Source: Pavel Kapysh / Shutterstock.com OXY stock started surging when news first broke that Buffett is buying billions worth of the company’s stock through his holding company, Berkshire Hathaway (NYSE:BRK-A).
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After Paysafe’s (NASDAQ:PSFE) fourth-quarter (Q4) results showed that its profitability is improving, while three of its key businesses are rebounding significantly, I remain upbeat on the long-term outlook of PSFE stock. Source: Sulastri Sulastri / Shutterstock.com On the other hand, I believe that there are two reasons to be cautious on the shares going forward.
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In mid-March, I analyzed Shopify (NYSE:SHOP) stock in the midst of a horrendous down streak. Source: Beyond The Scene / Shutterstock.com Shopify had fallen more than 35% in roughly a month. It was down more than 60% for the year and analysts were diving for cover. I suggested that it was possible for SHOP stock
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Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Slim pickings are on the earnings front over the next week. The fourth quarter numbers are largely in with 98% of the companies listed on the benchmark S&P 500 index having now reported. However, there are still a few notable companies left
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No matter how you parse Digital World Acquisition Corp (NASDAQ:DWAC), on paper, the special purpose acquisition company (SPAC) doesn’t make a whole lot of sense. Sure, DWAC stock captures plenty of attention due to its underlying platform; that is, Trump Media & Technology Group, which in turn supports its flagship product Truth Social. Source: mundissima
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The price of Shopify (SHOP) has been cut in half since November It still sells at nearly 20 times revenue Are growth catalysts sufficient to keep the stock price high? Shopify (NASDAQ:SHOP) stock cost $1,690/share in November. It opens March 24 at $710. That’s a bargain, right? Not necessarily. Even at that price you’re paying
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Overseas e-commerce investing just got a little bit easier as China’s government signals readiness to support the market. Pinduoduo offers an intriguing entry point after a steep drawdown. Investors should consider a starter position and be prepared to add if the share price drops. Shanghai, China-based Pinduoduo (NASDAQ:PDD) provides an e-commerce shopping platform that’s meant to
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