Month: November 2021

CNBC’s Jim Cramer said he doesn’t feel comfortable buying into Monday’s early stock market bounce, following Friday’s omicron-driven plunge, because the selling could resume in the event of future negative news about the highly mutated Covid variant. The Dow Jones Industrial Average — which had been up nearly 400 points, or more than 1%, shortly
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Amazon (NASDAQ:AMZN) stock looks well positioned to have a great year in 2022. Source: Eric Broder Van Dyke / Shutterstock.com While the Seattle-based online retail colossus has trailed other mega-cap technology stocks throughout this year and underperformed the broader stock market, that poor performance is expected to end in the New Year with AMZN stock
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How exactly to categorize Bitcoin is a matter of controversy. Is it a type of currency, a store of value, a payment network, or an asset class? Fortunately, it’s easier to define what Bitcoin actually is. It’s software. Don’t be fooled by stock images of shiny coins emblazoned with modified Thai baht symbols. Bitcoin is a
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Simply put, the Internet of Things (IoT) is where computers and other technological devices communicate with one another and exchange data over the Internet, independent of human beings. In the future, self-driving cars will need to communicate with one another, as well as with traffic lights, pedestrian crossings, and other devices and networks to ensure
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Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – The electronics retailer’s shares tumbled 10.4% in the premarket, after it forecast holiday season comparable sales largely below Wall Street forecasts as it faces possible product shortages. Best Buy reported a quarterly beat on the top and bottom lines,
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Peloton (NASDAQ:PTON) stock is not for the faint of heart investors. Source: JHVEPhoto / Shutterstock.com The company had the misfortune of coming to market just before the pandemic hit. The first few months of existence were going fairly well. PTON investors succeeded at building a base. There were sizable rallies and reasonable declines, but then
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Companies that need to raise additional capital can do so by issuing additional shares of stock. However, these additional shares will dilute the value of existing shares, which can be a concern for shareholders. Some companies, therefore, choose to issue rights or warrants as an alternative means of generating capital. These instruments give shareholders the
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