In this article JPM GPS VMW People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City. Mike Segar | Reuters Check out the companies making headlines in midday trading. JPMorgan Chase – JPMorgan rose 7% after the bank said it expects to reach key return targets sooner than
DraftKings (DKNG) CEO Jason Robins caught flak for not buying more DKNG stock when it was trading so low. Investors look to insider buying as a sign of confidence in the company’s plan. Is Jason Robins doing enough to earn his CEO compensation? Source: Tada Images / Shutterstock.com A recent spat ensued on Twitter between
After briefly falling into penny stock territory, SoFi Technologies (NASDAQ:SOFI) zoomed back to a high above $8 a share. The rebound, however, could prove to be little more than a “dead-cat bounce.” Unprofitable growth stocks like SOFI stock are likely to fall further in this uncertain market. Source: Michael Vi / Shutterstock For speculators who got
Black Rifle Coffee (BRCC) stock is trading at a very reasonable price. The company has recently added to its leadership team while demonstrating powerful revenue growth. Investors should consider buying BRCC stock if they’re on board with the company’s unique vision and mission. Source: YuniqueB / Shutterstock Utah-headquartered Black Rifle Coffee (NYSE:BRCC) might sound like
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022. Mike Blake | Reuters U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.
DraftKings (DKNG) has been brutalized in the current market selloff, down 52% year-to-date. Much of the problem stems from the company’s heavy marketing spending, which has led to mounting losses. While some analysts are turning bullish on DKNG stock after the selloff, the risks of taking a position remain too great. Source: Tada Images /
Elon Musk wants to back out of buying Twitter (TWTR) or cut the price. The board says it will hold him to the original agreement. Credibility on all sides has taken a hit. Source: Rokas Tenys / Shutterstock.com An apology is in order. I really believed Elon Musk would close on Twitter (NASDAQ:TWTR) when I
Picking up some decentralized finance (DeFi) cryptos is not a bad idea as the technology could go mainstream. Ethereum (ETH-USD): The Ethereum blockchain is the hotbed for Web 3.0 development and most Metaverse and non fungible token projects are on it. Avalanche (AVAX-USD): Low fees can make this coin a future alternative to Ethereum and
For investors, the balance sheet is an important financial statement that should be interpreted when considering an investment in a company. The balance sheet is a reflection of the assets owned and the liabilities owed by a company at a certain point in time. The strength of a company’s balance sheet can be evaluated by
Listen to Preston Pysh’s round table conversation with Joe Carlasare, Jeff Ross, and Jay Gould, about the broader market conditions and how Bitcoin plays into its development. IN THIS EPISODE, YOU’LL LEARN: – The FED’s Soft Landing. – The Luna Stable Coin melt-down. – What’s happening in the bond market? – Whether the stock market
In this episode what I’d like to do is share with you some inner roadblocks that happen with you mentally and getting you to wake up. That is the end goal, I want you to wake up, and by waking up I’m not talking about waking up like getting out of bed and just kind
In this article LOW TGT Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Target – Shares plunged 25.6% after the retailer reported disappointing quarterly results, citing high fuel costs and
Due to overvaluation, the following stocks are likely to decline more before they start to bottom out. Apple (AAPL): Lack of stimulus and inflation will likely lead to lower profits this year. Microsoft (MSFT): Declining quarterly net income and the announcement to almost double employee salaries might lead to a disappointing earnings report. Prologis (PLD):
Mullen Automotive (NASDAQ:MULN) stock is on the cloud line after a spate of positive announcements. Shares soared almost 20% in a single day, thanks to the company and Linghang Guochang Group extending their partnership on solid-state battery technology. It is better to wait for the company to give away its gains before purchasing more shares.
[embedded content] Many people are confused by Ford’s (NYSE:F) decision to sell more shares of Rivian (Nasdaq:RIVN) stock. Ford sold off another 7 million shares of RIVN after selling 10 million of its dwindling shares last week. But with Ford joining the EV race at an accelerating pace, it makes sense that it’s selling the
Dividend stocks are a great way to buffer your portfolio against the uncertainty in the market, especially when thinking long-term. Bank of New York Mellon (BK) was originally owned by Alexander Hamilton and has been around since 1784. Fifth Third Bancorp (FITB) is one of the top regional banks in the country and continues to
In this article WMT TGT BJ KSS GOOS-CA SAVE Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher
Sundial Growers (SNDL) reported its first quarter (Q1) 2022 financial results on May 16. Expect some highly volatile trading sessions for SNDL stock. Even under 50 cents per share, the stock is not cheap and the fundamentals remain very weak. The delisting risk remains a major concern. Source: Shutterstock Sundial Growers (NASDAQ:SNDL), a company that
Lumen Technologies (LUMN) has reported a mixed Q1 2022 earnings report. The company gave upbeat guidance for the 2022 outlook, which is positive. There is a revenue growth problem and a high level of debt that weigh on it negatively. Source: T. Schneider via Shutterstock Lumen (NYSE:LUMN), a technology and communications company that helps companies experience
Although the market turmoil may have investors scrambling for cover, these retirement stocks can likely withstand the heat. Brookfield Infrastructure (BIPC): One of the largest owners and operators of critical global infrastructure networks, Brookfield presents unbeatable relevance. Duke Energy (DUK): A classic name among retirement stocks, Duke Energy’s pertinent business and compelling coverage map make