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Why Aurora Cannabis, Canopy Growth, and Tilray Stocks Bounced Today
Marijuana stocks opened higher on Monday -- and granted, with stock markets glowing green across the board, it looks like pretty much everything opened higher. On Friday, Lester Black, a journalist who has covered the cannabis sector for many years, predicted in a column on the data-centric news site FiveThirtyEight that marijuana might very well be decriminalized "by the end of [President Biden's] current term in office." As you can imagine, this prediction was music to marijuana investors' ears -- maybe not immediately, in the middle of Friday's stock market sell-off -- but certainly on Monday as the market began to stabilize.
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Huge Rental Company Places Big Order With Tesla Rival
Back then, the electric vehicle company was in some serious trouble. Canoo warned investors earlier in 2022 "that there is substantial doubt about the company's ability to continue as a going concern." Canoo has also struggled to meet its production target for 2022.
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Why Tesla Started Trading This Week Up 8%
Tesla (NASDAQ: TSLA) shareholders had a rough day Friday with the stock dropping 7.5%. Last week's plunge dropped Tesla to about 50% of its early January high, and some investors may have decided that was the time to buy. Tesla has already reported that it produced almost 366,000 vehicles in the third quarter, including a record 83,135 from its newly upgraded plant in Shanghai, China.
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A $300,000 Annuity Pays This Much Every Month
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
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Cathie Wood Doubles Down on These 2 Innovation Stocks
Not many hedge managers have ignited as much controversy as Cathie Wood. The founder of Ark Invest has built her brand on running against the crowd. From her early embrace of tech stocks to her outspoken political conservatism, Cathie Wood has always been something of a lightning rod. Wood is staking her reputation and fortune on a belief that new technologies, and especially the way that new technologies will interact with each other, are going to completely transform our world. In her view, se
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Why MercadoLibre, Etsy, and Wayfair Stocks All Popped Today
Growth stocks including MercadoLibre (NASDAQ: MELI), Etsy (NASDAQ: ETSY), and Wayfair (NYSE: W) were flying higher Monday morning as investors reacted to new fiscal policy announcements out of the U.K. and a strong earnings report from Bank of America. Investors were also looking forward to third-quarter earnings reports, which ramp up this week.
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Why Meta Platforms Stock Was Up Today
Shares of Meta Platforms (NASDAQ: META) are rising today, up by 4.9% as of 11:41 a.m. ET. The gains came despite a report from The Wall Street Journal that claimed Meta is falling short of internal company projections for user growth in its metaverse platform, Horizon Worlds. Meta's share price does look a bit oversold after falling 60% year to date.
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3 Red Flags for Carnival Stock
Down 67% year to date, Carnival Corporation (NYSE: CCL) has probably landed on some value investors' radar. Like most cruise companies, Carnival was hurt by the COVID-19 pandemic, especially after the U.S. Centers for Disease Control's (CDC) no-sail order scuttled its operations for much of 2020. As of the third quarter, Carnival reports $28.5 billion in long-term debt -- up from just $9.7 billion at the end of 2019.
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Why Roblox Stock Is Having an Amazing Day
Today's video focuses on Roblox (NYSE: RBLX), its recently released September key metrics, and why even non-Roblox investors should be happy with the results. Check out the short video to learn more, consider subscribing, and click the special offer link below.
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Why Roblox Stock Skyrocketed Today
Shares of Roblox (NYSE: RBLX) soared on Monday after the popular video game development company reported encouraging growth metrics for September. As of 1:35 p.m. ET, Roblox's stock price was up more than 22%. Roblox's daily active users (DAUs) jumped 23% year over year to 57.8 million.
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10 Best Space Stocks to Buy According to Hedge Funds
In this piece, we will take a look at the ten best space stocks to buy according to hedge funds. If you want to skip our industry introduction and jump ahead to the top five stocks in this list, then take a look at 5 Best Space Stocks to Buy According to Hedge Funds. The […]
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