Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over… Source link
Read More »Global Payments stock gains after profit beat, Google partnership announcement
Shares of Global Payments Inc. were up 2.9% in premarket trading Monday after the financial technology company beat profit expectations for its latest quarter while also announcing a partnership with Alphabet Inc.’s Google. Global Payments GPN, +0.20% posted fourth-quarter net income of $183 million, or 61 cents a share, up from $103 million, or 34 cents a share, in the year-earlier quarter. On an adjusted basis, Global Payments earned $1.80 a share,… Source link
Read More »Why new investors bought stock during the pandemic
The ability to put just a few extra bucks into stocks. A pandemic panic that drove stock prices way down for many companies that have a future ahead. Easy to use apps. And throw in a little extra cash via government stimulus checks and some extra time when major league sports teams stopped playing during the pandemic, you couldn’t see a movie at a theater and college graduates started working remotely back home. All of those factors contributed to growth among new investors in 2020. Sure, many… Source link
Read More »A typical day for Ark Invest’s star stock picker
By any measure, Ark Invest is having a spectacular run. With tens of billions of dollars flowing into her thematic ETFs and returns that easily surpassed 100% last year, Cathie Wood has gone from being a relatively unknown investor to one of the world’s best known money managers. Ark even took the mantle for largest active ETF from JP Morgan last year. But don’t call her company a behemoth. “The word ‘behemoth.’ We are like a startup still and we still have that feel, and I never… Source link
Read More »How YouTube, Cloud, and Hardware Drove Alphabet Stock to an All-Time High
Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) — the dog among the FAANG stocks in 2020 — just saw its stock price surge to new all-time highs. The internet search and digital advertising leader posted a better-than-expected conclusion to 2020 and is poised to have a great 2021 as it starts to lap the… Source link
Read More »Why is the stock market ripping higher again?
TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link
Read More »Stock futures extend gains in late trading
TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link
Read More »Alphabet Stock Is in Record Territory Because Advertising Came Back
Text size The Google logo adorns the outside of their NYC office Drew Angerer/Getty Images Alphabet … Source link
Read More »Stock futures open higher as Amazon, Alphabet shares jump after earnings
TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link
Read More »Jeff Bezos is stepping down as Amazon CEO — here’s why Amazon stock isn’t crashing
TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link
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