Stock Market

Palantir (NYSE:PLTR) is a fast-growing government contractor that provides big data analytics platforms to government (and commercial) clients. It offers two software platforms: Gotham, which provides defense and intelligence analysis software, and Foundry, a cloud-native SaaS central operating system for data for commercial users. PLTR stock has had a strange range of prices since going
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Traders who’ve held shares of online entertainment platform Roblox (NYSE:RBLX) have done well overall since the company went public. Yet, RBLX stock has been frustratingly directionless in the past couple of months. Source: Miguel Lagoa / Shutterstock.com Roblox is a promising company as it offers gamers an immersive virtual world and an escape from reality for
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Most investors have very short memories and tend to enjoy the positive money-making trends in current market environments. Even worse, today’s younger growth and trader style investors have no memories of leveraged market crashes like 2008. One company that may create memories for young traders is Rocket Companies (NYSE:RKT) stock. Source: Lori Butcher / Shutterstock.com
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Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way
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Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this
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It’s been almost two months since AT&T (NYSE:T) announced it was spinning off WarnerMedia and merging it with Discovery (NASDAQ:DISCA, NASDAQ:DISCK), the owners of such networks as HGTV and the Food Network. Source: Jonathan Weiss/Shutterstock    Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half
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Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
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Recently, the rumor mill went wild on reports that Berkshire Hathaway (NYSE:BRK-B) might be looking to acquire Hershey (NYSE:HSY). While BRK-B stock had a muted reaction, Hershey shares moved to new all-time highs on healthy volume. Source: Jonathan Weiss / Shutterstock.com Now, it’s far from certain that anything is happening. The chatter appears to be primarily due
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Two days ago, the world changed forever. Following 17 grueling years of trial-and-error with some of the most advanced technology in the world, Richard Branson finally flew into space on Sunday, in what was the first successful commercial passenger spaceflight in human history. The billionaire entrepreneur took off in Virgin Galactic’s spaceship Sunday morning, flew
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The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high
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Covid-19’s disruptive influence wasn’t limited to publicly traded securities already trading on the market. The schedule for initial public offerings, or IPOs, was also thrown for a loop. However, a dramatic decrease in Covid cases set the stage for a rush of new stocks. To understand the dynamics of IPOs, I highly recommend reading books
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