Tag Archives: Stocks

You can’t say “Mr. Wonderful” didn’t warn you. Shark Tank host Kevin O’Leary was among the first in the investment community to sound the alarm on bitcoin’s sustainability concerns, when he stressed as much, during an interview with Yahoo Finance at the beginning of May. Two weeks later, Elon Musk announced Tesla was reversing its stance on accepting the crypto as a form of payment, citing the same sustainability issues, sparking a 35% collapse in bitcoin’s price for the month. But… Source link

(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link

Stock futures opened near the flat line Monday evening after a meandering session during the regular trading day. Contracts on the S&P 500 ticked up. Earlier, the index ended just a tick below the flatline and was less than half a percent below its all-time high. The Dow also ended lower, while the Nasdaq pushed into positive territory. Investors this week have been digesting signals from officials over the path forward for monetary and fiscal policies, and what these might suggest for… Source link

Stocks struggled for direction Monday morning as investors weighed the prospects of higher inflation and rates in the U.S. against Friday’s solid print on the U.S. labor market recovery.  The Dow turned slightly lower, while the Nasdaq pushed into positive territory. The S&P 500 was little changed, and the index hovered just below its record high.  On Sunday, U.S. Treasury Secretary Janet Yellen suggested higher interest rates “would actually be a plus for society’s point of view and the… Source link

Meme stock mania has been mighty kind to the small-cap Russell 2000 Index after its reconstitution last June.  The total market capitalization of the Russell 2000 Index surged 84% from last year’s reconstitution (or the addition and subtraction of new companies to the index) to $3.5 trillion, FTSE Russell said in weekend tweet. This year alone, the Russell 2000 is up more than 16% compared to a 12% gain for the S&P 500. “In 2020, overall capitalization for the U.S. equity market stayed… Source link

Inflation may be rising, but for now, at least, investors don’t seem to mind. Both the NASDAQ and the S&P 500 are holding just below their all-time high levels, reflecting a wide-spread feeling that, with interest rates low, stocks will provide the strongest returns for the near future. And stocks have been delivering. The S&P is up 13% year-to-date, and the NASDAQ, despite greater volatility and some weakness in the big tech companies, is up 7%. These gains come even as inflation is… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat (NASDAQ: BYND) or bankrupt car rental companies like Hertz (OTC: HTZGQ), Redditors are going… Source link