Stock Market

Warner Bros Discovery (NASDAQ:WBD), the new entertainment giant formed on April 8 from the combination of Discovery Inc. and WarnerMedia, is set to become the second-largest media player by revenue after Walt Disney (NYSE:DIS). Since the merger, WBD stock has dropped faster than the equity markets in general, losing more than 30% year-to-date, but it is rebounding
0 Comments
Upstart (NASDAQ:UPST) stock lost over half its value in a single day after cutting its full-year revenue outlook The company is growing revenue and income at a fast clip despite economic headwinds UPST stock is a bargain, but that doesn’t mean shares will move higher Source: Postmodern Studio / Shutterstock.com I bought the dip in
0 Comments
One of the reasons why it’s unhealthy to be overly zealous about any particular belief system is that the system will eventually encounter an ideologically untenable scenario. Such is the case for QuantumScape (NYSE:QS), the research and development specialist of solid-state batteries (SSBs). On the surface, QS stock is extremely relevant because the underlying company
0 Comments
Upstart (UPST) crashed and burned on its earnings headline. The drop is out of scale with the results. Investors must make swift choices before it becomes too late (get in or get out). Source: rafapress / Shutterstock.com Upstart (NASDAQ:UPST) stock crashed in fantastic fashion this week. Management reported a strong quarter but the investors absolutely
0 Comments
Novavax’s Covid-19 vaccine still isn’t approved for use in the U.S. With the pandemic in full retreat and the majority of people now fully vaccinated, demand for Novavax’s vaccine is likely to be weak. Rival pharmaceutical companies Pfizer and Moderna have beat Novavax to market with multiple Covid-19 treatments. Source: rarrarorro / Shutterstock.com Any hope
0 Comments
Throughout the discussions centering on Sundial Growers (NASDAQ:SNDL), the cannabis specialist headquartered in Calgary, Canada, legalization remains one of the key drivers. Obviously, our northern neighbor’s green lighting of the green stuff — the first G7 nation to do so for recreational adult usage — allowed the sector to boom. However, SNDL stock may be
0 Comments
The number of zombie companies ebbs and flows with economic cycles and usually increases during recessionary periods. Diebold Nixdorf (DBD): The ATM machines business contributes to top-line growth as customers increasingly shift toward automation and self-service. Mattel (MAT): The toy company plans to produce more than a dozen movies, including the highly anticipated Barbie movie in 2023.
0 Comments
EV upstart Lucid Motors (NASDAQ:LCID) delivered a strong earnings beat with its first-quarter results. Investors were lackadaisical, though, as LCID stock shed close to 12% of its value on its post-earnings sell-off. Analysts were expecting the EV firm to lose 31 cents per share on sales of $55.6 million. However, actual results came in significantly
0 Comments
ChargePoint (NYSE:CHPT) is a California-based company that provides electric vehicle (EV) charging networks and charging solutions. The company went public via a special-purpose acquisition company (SPAC) and was initially highly popular with traders. CHPT stock shot up as high as $45 in late 2020 following the launch of its SPAC deal. Since then, however, ChargePoint has
0 Comments