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Why Investors Were Smiling About SmileDirectClub Today
SmileDirectClub (NASDAQ: SDC) dodged a regulatory fastball aimed at its head Wednesday, and investors rewarded the company for it. The company's share price zoomed nearly 15% higher on the day
Why Digital World Acquisition Stock Was a Winner on Wednesday
Digital World Acquisition's (NASDAQ: DWAC) share price improved by 17% Wednesday on news that the company had reached a potential settlement with a U.S. regulator. That was in sharp contrast to the
Why Upstart Stock Rallied 31% in June
Upstart Holdings (NASDAQ: UPST) stock rallied in June, with shares surging 31.5%, according to data provided by S&P Global Market Intelligence. That's nearly 5 times the 6.5% gains of the S&P 500
General Motors Is Gearing Up, but It's Still in the EV Slow Lane
Stock markets remained resilient on Wednesday, refusing to allow early declines to cascade into serious downward moves. The Nasdaq Composite (NASDAQINDEX: ^IXIC), S&P 500 (SNPINDEX: ^GSPC), and Dow
Why Snap Stock Rose 16% in June
Shares of social-messaging app Snap (NYSE: SNAP) were up 16.1% in June, according to data provided by S&P Global Market Intelligence. Investors are increasingly excited about developments in the
Why DraftKings Stock Jumped 13.8% in June
DraftKings (NASDAQ: DKNG) had another great month as its stock price soared 13.8% higher in June, according to S&P Global Market Intelligence. The stock is trading at around $26 per share, up about
Why Did MongoDB Stock Climb 40% in June?
Shares of MongoDB (NASDAQ: MDB) shot higher following a strong quarterly earnings announcement. The company's better-than-expected results and upbeat outlook drove the stock up 39.9% in June
Here's Why Veeva Systems' Stock Rose 19% in June
Shares of Veeva Systems (NYSE: VEEV) climbed higher in June following a well-received quarterly earnings report. The stock enjoyed surging momentum immediately following the announcement of its
Why Wolfspeed Skyrocketed Today
Shares of Wolfspeed (NYSE: WOLF) rocketed upward by 11% on Wednesday. The chipmaker is making an enormous and costly bet on plants to make silicon carbide (SiC), an alloy that has tremendous
Why Shares of Canopy Growth Are Dropping Wednesday
Shares of Canadian cannabis retailer Canopy Growth (NASDAQ: CGC) were down more than 20% as of 3:40 p.m. ET on Wednesday after an analyst gave the stock a $0 price target. The stock rose as much as
The Secret AI Growth Stock
It's not a hot AI stock, but Dropbox (NASDAQ: DBX) is making some innovative products using large language models, and the company may have some disruptive new products. In this video, Travis Hoium
Are There Signs of Trouble at Airbnb?
Reporting suggests that Airbnb (NASDAQ: ABNB) rental rates are declining. While that's not great if it's happening across the board, it's also not necessarily bad for Airbnb. In this video, Travis
Huge News for Tesla Stock Investors
Fool.com contributor Parkev Tatevosian evaluates Tesla's (NASDAQ: TSLA) latest update and what it could mean for Tesla stock investors.
*Stock prices used were the afternoon prices of July 3, 2023
Opendoor Has Tripled in 2023 -- Is It Still a Buy?
After an awful year in 2022, real estate iBuyer Opendoor Technologies (NASDAQ: OPEN) has come back to life in 2023, with the stock more than tripling through the first half of the year. In this
Why Meta Platforms Was Rising Today
Shares of Meta Platforms (NASDAQ: META) were on the rise Wednesday, up as much as 4.2% before settling into a 3.5% gain as of 1:57 p.m. ET.
The move was notable, since all of the major indices were
Why Pegasystems Stock Is Soaring Today
The stock of Pegasystems (NASDAQ: PEGA) is posting big gains on Wednesday thanks to positive coverage from an analyst. The low-code software specialist's share price was up 14.4% as of 1:30 p.m. ET
These Sectors Are Fueling the Market Rally. Should You Buy Them?
Since the start of the year, all three major indexes have rallied. The S&P 500 and the Nasdaq have even climbed in the double-digits. This has been a great relief for investors after the benchmarks
Where to Invest $1,000 Right Now
If you have $1,000 to invest today, you may be hesitating. That's because certain signals about what's ahead are conflicting. The Federal Reserve predicted a mild recession later this year. But some
2 Stocks at All-Time Highs With the Wind at Their Backs
Investors were somewhat nervous coming back from the Independence Day holiday, as major market indexes gave up a bit of ground on Wednesday at midday. Wall Street has enjoyed strong upward momentum
Why US Bancorp Stock Climbed 10.5% in June
US Bancorp (NYSE: USB) bounced back in June, rising 10.5% for the month after a couple of difficult months, according to S&P Global Market Intelligence. US Bancorp's stock was still down about 22%
Why Shares of Rivian Raced Out of the Gate Today
The Fourth of July is over, but the fireworks continued this morning for shares of Rivian Automotive (NASDAQ: RIVN). As of 1:05 p.m. ET on Wednesday, its stock is up 2.5%, retreating from its
Why Shares of Amneal Pharmaceuticals Are Plunging Wednesday
Shares of Amneal Pharmaceuticals (NYSE: AMRX) were down more than 13% as of 12:45 p.m. ET on Wednesday after the pharmaceutical company announced both positive and negative news regarding its
Why Palo Alto Networks Stock Surged 19.7% in June
Shares of Palo Alto Networks (NASDAQ: PANW) rallied 19.7% in June, according to data provided by S&P Global Market Intelligence. The global cybersecurity leader got a boost from being added to the
The Economics of Graying Populations
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Why UPS Stock Is Down Today
The Teamsters union says negotiations with United Parcel Service (NYSE: UPS) over a new contract have "collapsed," raising concerns that there will be a strike later this summer. Investors are