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In July, GameStop (NYSE:GME) launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another 25%. Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that
Cannabis stocks have been crushed this year due to the lack of progress on the federal legalization of marijuana and macro challenges. However, President Joe Biden’s historic decisions to pardon people convicted of “simple possession of marijuana” and to review the classification of marijuana as a Schedule 1 drug have revived investors’ attention in the cannabis
SoFi Technologies (NASDAQ:SOFI) is a relatively small neo-banking firm right now. However, the data shows that SoFi Technologies is growing by leaps and bounds. SOFI stock has the potential to make a 5x move in five years’ time if the company continues to expand and if the U.S. Federal Reserve finally stops raising interest rates. Let’s
In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary Hill’s Pet Nutrition, a pet food company, if it were spun
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value LP has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David
Some of the most sought-after stocks are those that come with a hefty price tag. That’s because many of us equate value with price. The higher the price, the more valuable and, therefore, the more desirable a company becomes. But let’s face it, the average investor may not be able to afford a single share
A Roth IRA can be a great place to stash retirement savings. Unlike a traditional IRA, there is no income tax to pay on money you withdraw or rules forcing you to empty a minimum amount annually from your account when you reach a certain age. Even better, these retirement accounts are pretty much available
The IRA withdrawal rules for a Roth IRA are generally more flexible than those for traditional IRAs and 401(k)s. This is because Roth IRA contributions have already been taxed and any account growth is tax-exempt. Still, you’ll want to do your homework before making any Roth IRA withdrawals. If you don’t meet certain requirements, you
Key Takeaways Bank of America’s 3Q net interest margin came in above analyst estimates. Net interest margin is a measure of the difference between the interest banks earn on their assets and the interest they pay out to depositors and other creditors. The bank’s earnings per share (EPS), profit, and revenue also topped predictions. Source:
Medicare is the nation’s health care program for citizens aged 65 years and up, and younger people who meet certain eligibility criteria. Medicare Part A, Part B, Part C, and Part D cover many major medical expenses for participants. Choosing the right Medicare plan can be confusing, and it may be difficult to decipher all