ContextLogic (NASDAQ:WISH) operates Wish, an e-commerce platform that facilitates transactions between sellers and buyers, focusing on the budget-conscious consumer. Founded by Piotr Szulczewski and Danny Zhang back in 2010, this company has grown rapidly due to its innovative business strategies and easy-to-use platform. However, due to issues surrounding quality on the platform and wider reopenings,
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Tracey Ryniec and Kevin Cook take a look at two top Zacks Ranked stocks. Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID JPMorgan Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
The recession caused by the COVID-19 pandemic was a jarring shift from the economic stability of the past decade. Yet many financial firms are continuing to find ways to connect with clients and serve their needs. In a recent webinar with the Financial Communications Society, Jaime Kalfus, head of Global Brand Development and Engagement at
(Click here to subscribe to the new Delivering Alpha newsletter.) Private equity is one of the few asset classes that’s been able to outperform even public equities during the bull market. And the sector is reaping the benefits of that outperformance with 529 firms in the space raising an aggregate equity volume of $1.4 trillion over a
Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Retailers are reporting this week. Here’s the good news: The consumer is strong, and retail balance sheets have dramatically improved. “I have been bullish for over a year,” David Berman, portfolio
In this article TGT V TJX LCID RIVN TSLA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target — The retail giant saw shares fall nearly 5% despite posting beats
One of the most significant investment themes over the past few years has been 5G technology. The introduction of 5G has markedly increased global telecommunications. As the world has become more reliant on data, 5G infrastructure makes transmitting information across networks faster and more efficient. Even governments consider the development of 5G networks to be
At just above $11.20 per share, BlackBerry (NYSE:BB) has held onto a decent chunk of its 2021 meme stock gains. The question now is whether that will stay the case for BB stock once the meme stock phenomenon finally comes to an end. Source: Paul McKinnon/Shutterstock.com My colleagues here at InvestorPlace are split on its
To discuss the buy-worthiness of the top 10 meme stocks, we first need to define what those top 10 meme stocks are. Of course, there are multiple ways to define the category. For instance, we could put together a list based on some arbitrary measure like the market capitalizations mentioned on Reddit’s r/WallStreetBets. That would
Narratives are vitally important in the stock market. In the case of AT&T (NYSE:T) stock, it isn’t particularly positive. Source: Roman Tiraspolsky / Shutterstock.com That’s because AT&T has undergone a very long period of stagnation. Despite multiple attempts to revitalize its business and increase share prices, not much has changed. A decade ago, T stock
The view from SpaceX’s Crew Dragon spacecraft Endeavour of the International Space Station, as well as the company’s Crew Dragon spacecraft Resilience, as the capsule approached to dock on April 24, 2021. NASA TV The Russian military has destroyed a defunct satellite, showering low Earth orbit with shrapnel and causing astronauts to shelter on the
Take a look at some of the biggest movers in the premarket: Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said
Lucid Group (NASDAQ:LCID) just released its Q3 financial results on Nov. 15, showing that its order book is growing nicely. It is now clearly seen as a real force in the luxury end of the electric vehicle (EV) market. As a result, LCID stock is bound to move substantially higher from here. Source: Around the
In recent days, Ocugen (NASDAQ:OCGN) has been a source of windfall profits for both fast-money retail traders and the stock’s deeply entrenched bear camp. But for less fleet-footed investors, it’s likely time to move on from OCGN stock. Let me explain. Source: shutterstock.com/PhotobyTawat Reddit’s excessive influence on a subset of companies’ shares has been a
Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
Editor’s note: Below you’ll find the week 64 release of the NYC Recovery Index, originally published November 9, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index broke its record-setting streak, falling just over six points to a score of 78 as of Oct. 30, after three
Before the COVID-19 pandemic, Merck (NYSE:MRK) stock was a good one to own. The performance of Merck stock matched that of the S&P 500, and it paid a steadily rising dividend. Source: Atmosphere1 / Shutterstock.com Since then, the obsession with growth and vaccines has told a different story. Over the last two years the average
In this article WMT CNBC’s Jim Cramer said Tuesday that Walmart shares should not be lower — characterizing the move as a Wall Street problem and not an indication of anything wrong with the retail giant’s quarterly results. Shares of Walmart opened down more than 1% and slid further on the notion that the company
In this article SOFI HOOD HD RIVN A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer
Are you interested in tech stocks? Unfortunately, investors generally don’t think about small-cap tech stocks to buy. It’s probably why out of a list of 64 tech ETFs, only one has any focus on smaller companies. I’m talking about the Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT), which has been around since April 2010. Yet,
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