Take a look at some of the biggest movers in the premarket: Herbalife Nutrition (HLF) – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 million convertible note offering. Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes. GitLab (GTLB) – GitLab
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SoFi Technologies (NASDAQ:SOFI) stock continues to flounder due to recent developments. SOFI stock moved back to penny stock levels after the Biden Administration’s latest extension of the student loan moratorium further delayed a rebound for its now-dormant legacy student loan refinancing business. That’s not all. The fintech firm may be facing headwinds related to another
Walt Disney (NYSE:DIS) stock has had a rocky 2022, down nearly 40% year to date. This older company is undergoing a very recent transition. Robert Iger returned to the company’s CEO role and Bob Chapek was ousted after only a couple of years. Is this the bullish catalyst that so many investors are counting on? Be
Harris “Kuppy” Kupperman is the CEO Praetorian Capital Management, a hedge fund that focuses on major macro themes. He is also the CEO of Mongolia Growth Group, which is a publicly traded company listed in Canada. Kuppy’s approach is similar to a swiss army knife. We discuss how he uses buy and hold, leverage, options,
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Among market participants, there are optimists and pessimists. The former are often eternal bulls while the latter often paint doomsday scenarios on any macroeconomic event. However, it’s usually best to take the middle path and be a realist. If I look at the current markets, a realistic assessment will be that uncertainties will prevail in
In this article HLF GTLB SUMO Follow your favorite stocksCREATE FREE ACCOUNT People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq Check out the companies making headlines in post-market trading. GitLab – The development software operator jumped 23% after it posted a narrower per-share loss than expected while also coming in
[Editor’s note: “Cannabis Stocks Are Gaining, but We’re Still Bearish” was previously published in October 2022. It has since been updated to include the most relevant information available.] Back in October, U.S. President Joe Biden announced sweeping measures that many believe clears the path toward national marijuana legalization. Following that announcement, the ETFMG Alternative Harvest
Millionaire investors searching for income stocks to buy have a different problem than the rest of the market players. They need to balance their portfolio’s preservation of capital against generating income on capital. 2022 is an exceptional year for meeting both requirements. Bonds and stocks both fell this year. Since all of the picks have a
Looking ahead a year is always difficult. Predictions made now are unlikely to accurately reflect the situation 12 months from now. That is even more true in today’s highly volatile markets. That said, Blackrock’s (NYSE:BLK) chief investment officer for U.S. equities, Tony DeSpirito, is bullish on the energy sector. He believes that, because the sector’s
The concept of targeting iron-clad stocks to buy for volatility might seem overkill. After all, the Labor Department just revealed that the U.S. economy added 263,000 jobs, above analysts’ expectations. However, it also means that the Federal Reserve’s efforts to tackle the money supply’s expansion took a massive hit. Let’s just get down to the
The electric vehicle (EV) industry is just getting started and EV stocks are here to thrive. There was a time when EV was a new concept with only a few producers in the market, but over the past few years, everything about the industry has changed — and how! There is a surge in demand
Usually, most financial advisors will direct their clients to consider the bigger picture. However, because of the unique circumstances of the post-pandemic new normal, investors may want to consider the best short-term stocks to buy. Primarily, the twists and turns of the equities sector makes this market unreliable and unpredictable. In addition, recent fundamentals seemingly support
We are just weeks to the end of 2022. That means it’s time to deliver our telecom stock picks for 2023. It hasn’t been a good year for telecom stocks. As of Dec. 1, the S&P 500 communication services sector was down 35.2%, making it the worst-performing of the 11 sectors that make up the
In this article TSLA MS SBNY UAL MGM SAIC SI Follow your favorite stocksCREATE FREE ACCOUNT A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla – The electric vehicle giant slid 5.2%
Elon Musk is generating his own news cycle again. This time, the Tesla (NASDAQ:TSLA) CEO isn’t making waves for his focus on electrification. Rather, it’s the social media space that’s been upended, with his acquisition of Twitter. With this deal in the rear-view mirror, many investors may be looking at other social media stocks to buy, as
[Editor’s note: “5 EV Stocks to Sell Before the ‘Great EV Consolidation’” was previously published in September 2022. It has since been updated to include the most relevant information available.] We’ve all heard the saying, “those who don’t know history are destined to repeat it.” But did you know that this saying applies very pertinently
In this article NIO 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate the reopening of the economy. The Invesco Golden Dragon China ETF, which tracks the Nasdaq Golden Dragon
A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United Airlines — Shares rose 1% after Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 could be a “goldilocks” year for
Pharmaceutical stocks overall have fared well during this tough year for the market, but Eli Lilly (NYSE:LLY) has been a pharma name that’s truly “crushed it” so far in 2022. LLY stock has rallied 36.2% in the past year, moving 19% higher in the past six months alone. Mainly, due to enthusiasm for the company’s