In this article TSLA WBA K CTXS SPOT BYND The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares surged more than 9% after Credit Suisse upgraded the stock to outperform from neutral. The firm said the pullback
Month: January 2022
Amid signs that investors’ faith in Big Tech stocks has been renewed and after Microsoft (NASDAQ:MSFT) stock reported strong fourth-quarter results, MSFT stock is a buy. Source: Asif Islam / Shutterstock.com Additionally, the tech giant is likely to continue benefiting from the strong growth of its cloud unit and the work-from-home trend, while it should
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
Bitcoin (BTC) started the 2022 on a losing note, dropping about 20% to its worst performance in January since 2018 when the price plunged 26.61%, according to on-chain analytics resource Coinglass. Now, all eyes turn to February, which has historically favored the bulls. The only two negative closes in February were in 2020 and 2014. One
Web3 — or Web 3.0 as crypto boomers like to call it — is a topical buzzword with only a very vague definition. Everyone agrees it has something to do with a blockchain-based evolution of the internet but, beyond that, what is it really? Yet, the conversation surrounding the meaning and prospects for Web3 has
This month, the Board of Governors of the United States Federal Reserve System issued its widely anticipated report on the nation’s possible use and adoption of digital currencies for its financial system. The document is titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” and true to its name, the paper
Space-tourism play Virgin Galactic (NYSE:SPCE) stock have been butchered at the stock market in the past year. Over the last 12 months, its stock has shed more than 80% of its value. Source: rafapress / Shutterstock.com With such a massive pull back in price and the huge potential of the space tourism sector, you’d probably
After being in a consolidation phase for an extended period, Lucid (NASDAQ:LCID) stock saw a sharp rally in Q4 2021. LCID stock surged by 89% between Oct. 27 and the end of 2021. Source: T. Schneider / Shutterstock The catalyst for the rally was the company delivering its first electric vehicle (EV), Lucid Air. Investors
Private equity firms manage investment capital obtained from institutional investors or high-net-worth individuals (HNWI) to acquire equity ownership of companies through a variety of strategies, including leveraged buyouts and venture capital. Private equity firms operate with long-term investment horizons, typically five to seven years. After obtaining an equity interest in a company, the private equity firm
Last year, I wrote a few bearish columns on Skillz (NYSE:SKLZ). However, now there’s no question that I’m more optimistic about the outlook of SKLZ stock. Source: Dennis Diatel / Shutterstock.com For one thing, in recent months — in-line with my previous expectations — the stock has tumbled. In fact, as of Jan. 26, the
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