Whenever I read about a company making a radical shift to its business plan, there are many questions on my mind. It is because of economies of scale for its new and old business? Has it found a new, more profitable niche? Does the company have valuable information that shows the risks will pay off?
In this article HOOD Zoom In IconArrows pointing outwards Robinhood is debuting a feature that gives traders more control over digital tokens in its latest expansion in the cryptocurrency space. The newly public brokerage is testing “crypto wallets” with select clients next month, the company announced in a blog post Wednesday. The so-called wallet will
Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021. Graeme Jennings | Reuters After Monday’s market turbulence, the Federal Reserve’s challenge will be to sound reassuring while acknowledging it’s preparing to make its first major step
Given the powerful demand for semiconductors and the steps that Intel (NASDAQ:INTC) is taking to strengthen its supply chain, the medium-term and long-term outlook of INTC stock appears to be strong. Source: Shutterstock Under the leadership of its new CEO, the tech company appears to be improving the quality of its manufacturing process. Furthermore, the
As the U.S. Federal Reserve remains careful to not rock the boat with regards to reversing its aggressive monetary policy, it remains a low-interest rate environment. In turn, dividend stocks in general continue to remain at high prices, after being bid up by investors on the hunt for yield. For instance, the ProShares S&P 500
The electric vehicle (EV) trade has finally cooled off, which is a good thing given how far it had run. It would be hard for Tesla (NASDAQ:TSLA) to justify a trillion dollar market capitalization or for these revenue-less SPAC stocks to keep soaring higher. Meanwhile, Nio (NYSE:NIO) is somewhere in between, with NIO stock performing
Aterian (NASDAQ:ATER) is a consumer products platform that, according to Yahoo! Finance, uses software which implements “machine learning, natural language processing, and data analytics to design, develop, market, and sell products.” Essentially, Aterian scales consumer brands. But what should you know about ATER stock? Source: Shutterstock This company calls itself a “leading consumer product platform” —
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Investors and Congress are awaiting an imminent report from Securities and Exchange Commission Chair Gary Gensler on
NASA astronaut Douglas Hurley rehearses putting on his SpaceX spacesuit in the Astronaut Crew Quarters inside the Neil A. Armstrong Operations and Checkout Building at the Kennedy Space Center ahead of NASA’s SpaceX Demo-2 mission to the International Space Station in Cape Canaveral, Florida, U.S. May 23, 2020. Kim Shiflett | NASA | Reuters SpaceX
In this article CRM DRI JOBY BIIB KBH BB Check out the companies making headlines before the bell: Darden Restaurants (DRI) — The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.
Advanced Micro Devices (NASDAQ:AMD) is now producing large amounts of free cash flow (FCF). This is apparent from its latest second-quarter results for the quarter ending June 26. As a result, AMD stock is likely to move up to 16% higher to $120 per share. This article will explain how I came up with that
The global equity markets already had a knee-jerk reaction on the possibility of an Evergrande (OTCMKTS:EGRNF) crisis spillover. There’s reason to worry when a company with $300 billion in debt faces potential bankruptcy. As a precaution, it may be wise to looks for stocks to buy across sectors that have a low beta. It’s also
Time recently named Nvidia (NASDAQ:NVDA) CEO and founder Jensen Huang one of its 100 most influential people. If you invested $10,000 in NVDA stock in its 1999 IPO, it would be worth $8.5 million today. Source: Hairem / Shutterstock.com My guess if you’re one of these lucky shareholders is that you would also feel Huang
The Federal Housing Administration (FHA) is the largest mortgage insurer in the United States, with more than $1.3 trillion in its portfolio. As part of the Office of Housing at the U.S. Department of Housing and Urban Development (HUD), it helps roughly 1.3 million people across the country become homeowners each year. Low down payments
AT&T (NYSE:T) stock still is dealing with its troubled media divestitures. Source: Roman Tiraspolsky / Shutterstock.com The company announced that it had sold Playdemic, WarnerMedia’s mobile gaming company, to Electronic Arts (NASDAQ:EA) for $1.4 billion. Playdemic is best known for Golf Clash, an award-winning game with more than 80 million downloads worldwide. The sale is
Federal Reserve Chairman Jerome Powell on Wednesday said the central bank’s current trading rules are insufficient and promised that it would “make changes” after filings showed that officials traded stocks and bonds that could be influenced by its policy actions. Specifically, Powell said that Fed officials should as a general rule be barred from owning
In this article FDX ADBE DIS H SFIX GIS Check out the companies making headlines in the premarket. General Mills — Shares of General Mills added 1.7% in the premarket after the food company reported better-than-expected quarterly earnings. General Mills posted adjusted earnings of 99 cents per share compared with the analyst consensus of 89
Market sentiment has once again soured on Canadian marijuana producers like Canopy Growth (NASDAQ:CGC). The past few years of poor results are still fresh in the minds of investors. This can be clearly seen in CGC stock, which rallied to a high of more than $50 from late last year to February. Source: Shutterstock Canopy Growth
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) has seen its shares take another tumble as of late. On Monday, NIO stock closed down 6.2% on the day. At this point, NIO stock is down nearly 27% in 2021. For investors, that’s a gut-wrenching turn in direction for a stock that delivered a 1,110% return last year.
On today’s show, Preston Pysh is joined by Dr. Adam Back and Plan B. They talk about the current market conditions, the Chinese mining migration to the West, the global macro implications of a trillion-dollar Bitcoin market drop of 50%, and much more. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:02:27 – When will