A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell. ChargePoint Holdings — ChargePoint, which makes charging systems for electric vehicles,
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I am bullish on Coinbase Global, Inc. (COIN), due to its attractive valuation and strong long-term growth potential. Coinbase is a popular cryptocurrency exchange platform based out of San Francisco, California. It offers users the ability to buy and sell Bitcoin, Ethereum, and Litecoin. In addition to its trading platform, Coinbase also offers numerous ancillary
Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading. Ambarella — Shares of the semiconductor company surged 20% after Ambarella beat expectations on
Sharing is Caring! By Michael Lebowitz and Lance Roberts Despite more weak economic data from China, U.S. stocks are set to recover yesterday’s losses and more. ADP will be released at 8 am ET. The current consensus expectation is for the formation of 638k net new jobs. The range of estimates is wide at 400-700k.
Gaming company Playtika Holding (PLTK) revealed that it has acquired about 80% stake in Reworks Oy in an all-cash deal of $400 million. Reworks is a mobile apps company that fuses lifestyle content and social gaming. The remaining interest will be acquired for up to $200 million based on 2022 Company EBITDA. As per the agreement,
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines in midday trading. Zoom — The video-conferencing software company
We’re heading into the final stretch of 2021, the annus horribilus of 2020 is firmly in the rear-view mirror, and we can see the checkered flag up ahead. It’s a fine sight, made better because, like any checkered flag, it comes with prizes behind it. In this case, those prizes come in the form of
A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell. CrowdStrike Holdings
Sharing is Caring! Censoring speech isn’t a sustainable business model, but the establishment is running out of options. Looks like all you out there complaining about Twitter posts in this sub won’t have to be bothered by them too much longer. You don’t censor when you control the narrative; they’ve lost the narrative and people
A series of government regulations have dealt a massive blow to Chinese tech companies, including Alibaba (BABA). These recent regulatory policies stemmed mainly from antitrust and data security concerns. The massive crackdown on China’s tech sector has erased more than $1 trillion in market value from all the globally listed Chinese stocks. Alibaba stock has
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images After seven months of gains, stocks face plenty of potential risks that could make September live up to its reputation as the worst month of the year for the
Sharing is Caring! Facebook disabled the account of Shana Chappell, mother of slain Marine Kareem Nikoui who was killed in Kabul This was what she had to say to Biden earlier today: Shana Chappell, mother of Marine and American hero Kareem Nikoui killed in Kabul, has had her FB and Instagram accounts suspended for posts
Investors Bancorp, Inc. (ISBC), the holding company of Investors Bank, recently announced the acquisition of eight Berkshire Bank branches. The financial terms of the deal have not been disclosed so far. The branches are located across New Jersey and eastern Pennsylvania. The buyout was concluded on August 27, 2021. With this acquisition, Investors Bancorp will acquire about
Take a look at some of the biggest movers in the premarket: Affirm (AFRM) – Affirm rocketed 41.2% in premarket trading after the digital payments specialist announced a partnership with Amazon.com (AMZN) that will allow Amazon customers to pay over time for purchases of $50 or more. Moderna (MRNA) – Moderna fell 2.7% in the
There are over 7,600 stock analysts on Wall Street, writing and publishing an ever-increasing volume of notes on stocks and investment opportunities. The volume of data is both intimidating – and a gold mine for retail investors. In these reports, the collected collective wisdom of Wall Street, investors can find everything they need to know
St. Bernard Parish residents fill up their cars and gas cans as the Louisiana coast prepares for the arrival of Hurricane Ida on Friday, Aug. 27, 2021 in New Orleans. Chris Granger | The Times-Picayune | The New Orleans Advocate via AP Hurricane Ida temporarily shut down a critical swath of U.S. oil production and
There’s no way to verify this, but it’s likely that as the week kicked into action, cases of the Monday blues were relatively low amongst Affirm (AFRM) investors. Affirm shares soared 43% in response to the news that the company has partnered with Amazon. Affirm’s buy-now-pay-later (BNPL) offering is being tested by the ecommerce giant
A worker inspects a 24-kilowatt Generac home generator at Captain Electric on February 18, 2021 in Orem, Utah. George Frey | Getty Images Check out the companies making headlines in midday trading. Affirm, Amazon — Shares of Affirm soared more than 40% after the buy-now, pay-later company announced a partnership with Amazon. The e-commerce giant
Sharing is Caring! by elija_snow In 100+ years data: Such depressed earnings’ yields have always led to very significant market meltdowns. Great Depression. 1937-8 Recession. Tech Bust. Average return for the subsequent 3 yrs being close to -53%. Thinking the Fed can sustainably taper here is just nonsense. In 100+ years data: Such depressed
There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Axsome Therapeutics (AXSM – Research Report), Mersana Therapeutics (MRSN – Research Report) and Altimmune (ALT – Research Report) with bullish sentiments. Axsome Therapeutics (AXSM) H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Axsome Therapeutics today
Sharing is Caring! by Michael Snyder Reading the news has become like going to a freak show. You never know what you are going to see each day, but it is almost certainly going to be nutty. Some of the things that I am going to share with you in this article are weird, others
In a report released yesterday, Christopher O`Cull from Stifel Nicolaus downgraded Brinker International (EAT – Research Report) to Hold, with a price target of $55.00. The company’s shares closed last Friday at $54.80. According to TipRanks.com, O`Cull is a 5-star analyst with an average return of 20.9% and a 73.3% success rate. O`Cull covers the
Sharing is Caring! by Michael Snyder August has definitely been a “turning point”, and in recent weeks we have had the opportunity to watch some incredibly shocking events unfold which will change the course of history permanently. At this moment, Hurricane Ida is the biggest story that everyone is discussing. As I warned about on Friday,
After sliding since its July 2021 IPO, Krispy Kreme (DNUT) stock has started to bounce back. Investors are diving back into the doughnut chain’s shares, as despite their initial negative reaction to its most recent earnings report, they are again bullish on its ability to deliver above-average growth. The question now is whether this bounce
Sharing is Caring! ● Shot: Biden Pledges To Strike Back After Attack Kills 13 U.S. Service Members In Kabul. “’Know this,’ Biden said to the attackers. ‘We will not forgive. We will not forget. We will hunt you down and make you pay.’” —NPR, Thursday. ● Chaser: Pentagon: Two ‘High Profile’ ISIS-K Targets Killed in Retaliatory Drone
Financials were the big winners in Wall Street last week. The S&P 500 financials gained 3.47 percent for the week, compared to 1.52 percent for the overall index. Bank of America Corp. (BAC) gained 2.4%, Citigroup Inc. (C) gained 1.9 percent, Wells Fargo & Co. (WFC) gained 4.1%, and JPMorgan Chase & Co. (JPM) gained
Coinbase (COIN) was in the news this week, in a big way, and not in a good way. As CNBC reported, users of the cryptocurrency trading platform have complained for months about “a pattern of account takeovers, where users see money suddenly vanish from their account, followed by poor customer service from the company.” Coinbase
Sharing is Caring! From Birch Gold Group If you’re concerned that the equities markets are going insane and that you might need to adjust your plan, you’re not alone. Let’s first shed some light on the insanity… Every Friday after Thanksgiving (except perhaps last year), major retail stores have had a “doorbuster” sale of some type. The mainstream
Blockchain-based gaming continues to snowball, establishing itself as a lucrative genre within the expanding universe of blockchain-based products and services. Per the latest report published by the Blockchain Game Alliance (BGA), more than 804,000 unique users played on one or more of the available play-to-earn (P2E) gaming platforms, growing the market by 121% in terms
Sharing is Caring! by Martin Armstrong What is coming in from HR departments is that to encourage corporations to force people to get these vaccines, OSHA has refused to follow the law which would require companies to report workers who fall ill from any work conditions. They have suspended reporting adverse effects from vaccines. A
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