In recent weeks, more evidence has emerged supporting my initial assessment of Digital World Acquisition Corp. (NASDAQ:DWAC). DWAC stock is a special purpose acquisition company (SPAC) planning to merge with Trump Media & Technology Group Corp. (TMTG). Source: Dmitry Demidovich/ShutterStock.com TMTG is expected to own and operate Truth Social, a new social media website led
One of the tried and true methods for generating an income stream is through investing in dividend stocks. In this era of low interest rates, dividend payments can be a more rewarding way to supplement your income. In turn, many investors plow those payments back into their portfolios. Whatever your strategy is, one of the
Disciplined investors who avoid political and country risks would not look at Alibaba (NYSE:BABA). The crackdown on technology companies is hurting the e-commerce giant. The U.S./China trade war, which began during the last U.S. administration and is continuing through President Joe Biden’s administration, is not helping BABA stock. Source: testing / Shutterstock.com China ordered Didi
Industrialization refers to the process of transformation from an agrarian to an industrial society, when an economy switches from a period of stable-to-little growth to one of accelerating growth. While wages did eventually grow as a result of industrialization, there are many ways to measure standard of living and it can’t simply be assumed that
DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images A female former employee of Elon Musk’s SpaceX alleged in an essay published Tuesday that the space company’s workplace is “rife with sexism” and that its
In this article GME AMC DELL TMX RL Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment — Meme stocks rebounded from a
Travel was one of the hardest-hit industries when COVID-19 sprung onto the scene. Shares of airlines, cruise line companies, hotel operators and online booking sites plummeted as the world locked down. Carnival (NYSE:CCL) was among them, with CCL stock dropping from around $50 a share at the end of 2019 to below $8 a share
Within equities as an asset class, there can be a broad classification of growth and income investors. Growth investors seek to find opportunities in high growth business ideas. In general, a portfolio of growth stocks would have a high-beta. Further, there are dividend investors who look for stable businesses with robust cash flows. Income investors
Canoo (NASDAQ:GOEV) has been a volatile EV stock in 2021. It’s rallying in November, but GOEV was declining in March and April. It’s seen gains of about 38% in the past 3 months, but it’s down about 52% over the past 12 months. Source: shutterstock.com/rafapress The volatility isn’t just news-driven, as it should be, but also
Moderna (NASDAQ:MRNA) stock is dropping after results for its mRNA flu vaccine is underwhelming investors. However, in my opinion, the real problem is that the flu underwhelms investors. Source: Ascannio / Shutterstock.com Since the Moderna vaccine was given an emergency use authorization in November 2020, there have been numerous critics. I’ve heard arguments that the mRNA
Two Good Defensive Plays. Southern Company: https://www.zacks.com/stock/quote/SO?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters The Federal Reserve is expected to announce a dramatic policy shift Wednesday that will clear the way for a first interest rate hike next year. Markets are anticipating the Fed
The merger between Polestar and Gores Guggenheim (NASDAQ:GGPI) is expected to happen in the first half of 2022. Since the Swedish electric vehicle (EV) manufacturer announced its merger with the special purpose acquisition company (SPAC) on Sept. 27, GGPI stock has gained about 14% or so. Source: Jeppe Gustafsson / Shutterstock.com However, at one point
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
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