Month: June 2021

Self-billed as one of the largest e-commerce marketplaces in the world, I can fundamentally appreciate the bullish catalyst supporting Contextlogic (NASDAQ:WISH) today. Particularly in the age of the novel coronavirus, online businesses offer tremendous appeal. That said, most speculators probably aren’t thinking about the fundamentals when it comes to WISH stock. Source: sdx15 / Shutterstock.com
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Robinhood will pay roughly $70 million in penalties for its systemwide outages and misleading communication and trading practices, the Financial Industry Regulatory Authority said Wednesday. The settlement regards the technical failures Robinhood experienced in March of 2020, Robinhood’s lack of due diligence before approving customers to place options trades and purveying misleading information to customers
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After Reddit’s subgroup, r/WallStreetBets, sent AMC Entertainment  (NYSE:AMC) flying, the shares have proven to have staying power. AMC stock has hovered near $60 for nearly all of June, and the stock is not too far from its 52-week high. Source: Helen89 / Shutterstock.com AMC has a history of selling shares and raising debt because its
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In this article ZM 6694.T-JP Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond of Zoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic. “I have fallen in love with Zoom,” Munger said during an interview with Becky Quick on CNBC’s special “Buffett & Munger:
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Rocket Companies (NYSE:RKT) should present investors with a relatively simple proposition. If you believe that the housing market will remain robust, you’re a buyer of RKT stock. If you believe there will be a normalization or pull back, then you’re sitting out. Source: Lori Butcher / Shutterstock.com    So far in 2021, it looks like the latter is occurring. Rocket Companies is the parent
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In this article 9988-HK 9888-HK FISV Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest
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Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous
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Mind Medicine (NASDAQ:MNMD) is a buzz-worthy biotech company. While many firms in this sector have been wowing investors with Covid-19 vaccines, treatments and tests, MindMed is something very different, which makes MNMD stock worth considering. Source: Shutterstock The New York-based company is focused on treating mental health issues. And it’s doing so with therapies and treatments
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