One year ago, investors couldn’t get enough of special-purpose acquisition companies. Now, they can’t dump SPACs fast enough. In 2021, some 613 SPACs came to market, two-and-a-half times as many as in...
Tag: Disruptions
Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
Shares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts to flush off-season clothing from warehouses in North America wou...
Palantir Stock Is Rising. The Company Won a Big Defense Contract.
Palantir stock is modestly higher after the data-analytics software company announced a contract from the Department of Defense worth up to $229 million. It’s a one year pact to support test and deplo...
Atlis Motor Stock Falls Sharply After Surging More Than 700% Over 2 Days
Shares of Atlis Motor Vehicles surged Tuesday after making their debut on the Nasdaq Stock Market. But the electric-vehicle technology company fell sharply Wednesday after the stock had soared more th...
Value or Quality? Five Bank Stocks for When Unemployment Rises
Bank stocks are down by double digits this year, falling on fears of a recession coming in early 2023. Yet some banks look more resilient than others, and it may pay to emphasize those with quality ov...
Bitcoin could go back above $65k in the next four years, says Michael Saylor
Michael Saylor, chairman and co-founder of MicroStrategy Inc. MSTR, -0.35%, said bitcoin could go back to $68,990, its peak reached in November “sometime in the next four years,” and could reach $500,...
Ford stock drops more than 5% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished
Ford Motor Co. shares dropped more than 5% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, remindi...
Beyond Meat Stock Hits All-Time Low. Inflation Bites Plant-Based Industry.
Text size Beyond Meat stock has fallen 74% this year. Angela Weiss / AFP via Getty Images Beyond Meat shares hit an all-time low Monday, falling for the fifth consecutive day and dragging down other p...
This stock is ‘one of the greatest leading indicators’ of market direction. Here’s what it’s saying now.
A falling pandemic star is becoming a bellwether for markets. Zoom Video Communications ZM, -0.98% has been a “poster child” for stocks hitting new lows on the Nasdaq Composite. But it’s also “one of ...
Intellia Investors Are Dumping Stock on News of Crispr Gene-Editing Success
Text size Intellia CEO John Leonard called the results a vindication of the company’s modular approach to Crispr therapies. Courtesy Intellia Therapeutics Patients who got a one-time gene-editin...
Apple iPhone 14 Goes on Sale Friday. Why You Shouldn’t Sell the Stock.
Text size Pricing for the iPhone 14 starts at $799 while the iPhone 14 Plus starts at $899. Justin Sullivan/Getty Images Apple users are getting ready for Sept. 16, when the new iPhone 14 and iPhone 1...
Roblox stock drops as Wall Street sees a ‘Pandora’s box of problems’
Roblox Corp.’s stock continued to sell off Friday as analysts questioned growth initiatives presented at the social-media company’s investor day on Thursday and August performance that came in lower t...
Facebook stock falls to yet another ignominious level
Facebook was a member of the exclusive $1 trillion club a year ago, but it’s fallen a long way since then. Now named Meta Platforms Inc. META, -2.18%, the company saw its market value fall below $400 ...
FedEx Stock Tumbles After Delivering Terrible Earnings News
Text size FedEx disappointed investors Thursday with a surprise earnings miss. Benoit Doppagne/BELGA/AFP via Getty Images FedEx stock was tumbling after the company doubly disappointed investors Thurs...
These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half
Short selling is a trading technique that gets especially popular during bear markets in stocks. Short selling — or betting on a decline in prices — can come to the fore if investors suspect a company...
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strik...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...
Disruptions In Energy Security And Climate Security Part 2: What’s Coming.
The LNG (liquefied natural gas) tanker Flex Volunteer, in the Loire estuary, France in 2022. AFP via Getty Images Part 1 was about energy and climate security in the present. Alarming recent events ha...
MicroStrategy Plans to Sell Shares to Buy More Bitcoin. The Stock Is Falling.
Text size MicroStrategy stock is sensitive to swings in the price of Bitcoin. Dreamstime MicroStrategy stock has surged in recent days amid a rally in cryptocurrency prices—but the shares have turned ...
What Stocks Are Moving Monday? Bristol Myers, Carvana, and MicroStrategy
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MicroStrategy Plans to Sell Shares. It’s Not the Only Reason Why the Stock Is Rising.
Text size MicroStrategy stock is sensitive to swings in the price of Bitcoin. Dreamstime MicroStrategy stock has surged in recent days amid a rally in cryptocurrency prices—but one of the latest catal...
Polestar Gets Sell Rating. Its Shares Rise.
Text size Lucid stock is down 74% from its 52-week high. Courtesy Lucid Motors The bubble in small capitalization electric vehicle stocks inflated then popped. Small EV shares still trade strangely, h...
Trump Media SPAC Extends Merger Deadline, Paying Nearly $3 Million for Three Months
Updated Sept. 9, 2022 4:26 pm ET Listen to article (2 minutes) The special-purpose acquisition company trying to take Trump Media & Technology Group public will pay nearly $3 million to get three ...
Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.
Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage app geared ...
Apple’s satellite deal with Globalstar could spell good news for this company
Apple’s partnership with satellite company Globalstar was one of a slew of announcements at the technology giant’s eagerly-anticipated iPhone 14 launch event this week. Under the terms of the deal, Gl...
Globalstar Sinks on Apple Deal. ‘Buy the Rumor; Sell the News.’
Text size Globalstar will be a big winner as Apple needs satellite connectivity for its iPhone 14. VINCENZO PINTO/AFP/Getty Images Apple ’s iPhone 14 will have some satellite connectivity. It’s a big ...
Disruptions In Energy Security And Climate Security Part 1: Recent Events.
In Palm Springs, California, a rainbow forms behind giant windmills and traffic on Interstate 10. Getty Images Energy security in the now. The Covid pandemic stifled industrial activity. When business...
Smith & Wesson’s sales plunge to lowest level in 13 years, stock falls toward 2-year low
Smith & Wesson Brands Inc. reported its lowest quarterly sales total in more than 13 years Thursday, sending shares down more than 10% in after-hours trading. Smith & Wesson SWBI, -1.03% repor...
Asana Stock Spikes on Forecast Boost and Share Sale to CEO
Text size Chief Executive Dustin Moskovitz purchased $350 million Asana shares in a private placement. (Photo courtesy of Asana) Shares of Asana rose sharply Thursday after the work-management platfor...
Apple’s satellite plans just sent this stock on a wild ride
Shares of satellite company Globalstar Inc. spiked higher Wednesday after Apple Inc. announced a partnership with the satellite company to provide emergency services. After a wild ride, the stock ende...
GameStop stock options priced for bigger than usual post-earnings move
Shares of GameStop Corp. extended their slide toward a 3 1/2-month low Wednesday, as investors prepared for the videogame retailer’s fiscal second-quarter report due out after the closing bell. The “m...
Pagaya stock continues volatile ride with 60% plunge amid lockup expiration
Shares of Israeli financial technology company Pagaya Technologies Ltd. were continuing their wild ride Tuesday, falling 60% as of midday in a move said to be related to a lockup expiration. Pagaya PG...