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Why SPAC Churchill Capital IV's Stock Is Getting Crushed Today
Shares of special-purpose acquisition company Churchill Capital IV (NYSE: CCIV) were trading sharply lower on Tuesday morning after the company announced a deal to merge with electric-vehicle
Wells Fargo to Sell Asset Management Division
After months of rumors, Wells Fargo (NYSE: WFC) announced today that it plans to sell its asset management arm to the private equity firms GTCR and Reverence Capital Partners for $2.1 billion.
Under
Penn National Gaming's New York Casino Partnership Opens Up State Access
Penn National Gaming (NASDAQ: PENN) announced yesterday it has inked a new partnership with a New York casino. The alliance with Rivers Casino & Resort, the DBA ("doing business as") name of Capital
Facebook News Is Back in the Outback
Facebook (NASDAQ: FB) has settled its differences with the Australian government for the time being. The local news sites that were disabled last week are back online as lawmakers agreed to make
Why Bitcoin Mining Stocks Got Crushed Today
Popular cryptocurrency Bitcoin (CRYPTO: BTC) suddenly finds itself in bear market territory. As of this writing, the price of Bitcoin is around $46,200 -- down about 21% from all-time highs reached
Better Buy: SolarEdge Technologies vs. Enphase Energy
High expectations for solar power demand has sent solar stocks soaring lately. Stocks of top solar component suppliers SolarEdge Technologies (NASDAQ: SEDG) and Enphase Energy (NASDAQ: ENPH) have
Why NIO, XPeng, and Li Auto Stocks Are Trading Lower Today
Shares of three widely followed Chinese electric-vehicle makers -- NIO (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) -- were all down on Tuesday morning. The companies' shares were
Why Virgin Galactic Stock Is Falling Today
It's a tough morning for momentum stocks, and Virgin Galactic Holdings (NYSE: SPCE) is not immune. Shares plunged 18% at the open on Tuesday, and were down more than 8% as of 10 a.m. EST, as
Why Turning Point Is Turning Heads
Precision oncology company Turning Point Therapeutics (NASDAQ: TPTX) has gotten off to a hot start since going public in April of 2019. The clinical-stage biotech now sports a market cap approaching
Here's Why PayPal and Square Are Falling on Tuesday
To say that it's a volatile day in the stock market on Tuesday would be a massive understatement. And the high-flying tech stocks of the past year or so are taking the worst of it. Fintech stocks
Can StoneCo Be a Great Growth Stock?
StoneCo (NASDAQ: STNE) is a major fintech (financial technology) company in Brazil that has been a force in the country's digital revolution. But with U.S. companies such as PayPal Holdings and
Amazon's Acquisition of Selz Speaks Volumes for Shopify, BigCommerce
If a recent deal is any indication, e-commerce behemoth Amazon (NASDAQ: AMZN) is looking beyond its own online platform for growth. Australian-based Selz quietly reported last month that it's signed
Why Transocean Stock Tanked 10% at the Open Today
Shares of offshore energy services company Transocean (NYSE: RIG) fell 10% in the first half hour of trading on Feb. 23. The big news, however, came after the close on Feb. 22, when Transocean
Better Buy: Disney vs. Etsy
Disney (NYSE: DIS) and Etsy (NASDAQ: ETSY) may be polar opposites in the consumer world.
Disney is a corporate behemoth, known for its box-office blockbusters, global theme parks, and
SunPower Is Become a Growth Stock Again
The stock market certainly didn't like SunPower's (NASDAQ: SPWR) earnings report on Wednesday, and the stock dropped double digits as a result. Consensus seems to be that the market wasn't happy
Can Wix.com Keep Up the Momentum in 2021?
Wix.com (NASDAQ: WIX), a cloud-based platform that allows businesses and individuals to easily build websites, released its full-year 2020 results on Feb. 17. The company got a nice boost in demand
Why AMC Entertainment Stock Bounced Early Tuesday
Going against a market that is largely dropping Tuesday, shares of theater operator AMC Entertainment Holdings (NYSE: AMC) jumped 15% at the market open. Shares gave up most of those gains to remain
Fastly Forecasts a Slowdown in 2021, but Edge Computing Is Just Getting Started
The past six months have been full of speed bumps for Fastly (NYSE: FSLY). An initial surge in internet traffic at the beginning of the pandemic gave way to concerns over the company losing (though
Why Tesla Stock Fell Sharply (Again) Today
Shares of Tesla (NASDAQ: TSLA) are getting slammed on Tuesday morning. They fell by more than 7% at market open. Further declines had the shares down by almost 13% at one point, but as of 10:05 a.m
Palantir Stock Under Pressure as Insiders Sell Shares
A lockup provision that limited the ability of Palantir Technologies (NYSE: PLTR) insiders to sell shares expired last week, and as expected, some in the company are taking advantage.
Company
Lucid Motors Is Going Public: A First Look at a Huge EV Deal
One of the most promising electric vehicle start-ups, Lucid Motors, will soon go public. After weeks of speculation, the company confirmed on Monday night that it will merge with a special purpose
Farfetch Active Shoppers Are Forecast to Grow 10 Times With Alibaba Assist
Online luxury platform Farfetch (NYSE: FTCH) is expected to see the number of active shoppers on its site soar to at least 30 million in the next five years as its partnership with Alibaba (NYSE:
Is Twilio an Overvalued Growth Stock?
Twilio's (NYSE: TWLO) stock recently surged to an all-time high after the company posted strong fourth-quarter numbers that easily beat analysts' expectations. Its revenue soared 65% year over year
2 Retail Stocks Poised for a Bull Run
The retail industry had a rough 2020, but you wouldn't know it when looking at the SPDR S&P Retail exchange-traded fund, which delivered a return of 79% over the last year. Two retail stocks have
Better Buy: Costco vs. Nike
Choosing to invest in the stock of businesses that wow consumers can prove to be a winning strategy. Costco (NASDAQ: COST) and Nike (NYSE: NKE) are both great companies in this regard, but they


