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MicroStrategy CEO sees an ‘avalanche’ of companies buying bitcoin

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TipRanks2 “Strong Buy” Cannabis Stocks Showing Monster GrowthInvestors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As … [Read more...] about MicroStrategy CEO sees an ‘avalanche’ of companies buying bitcoin

Zynga’s game is on: Record sales and bookings push stock up 5%

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Zynga Inc.’s stock climbed 5% in extended trading Wednesday after the gaming company reported a surge in revenue and bookings. Zynga ZNGA, -1.50% said revenue skyrocketed 52% to $616 million, though analysts polled by FactSet were expecting $679 million. Just as important, Zynga recorded quarterly bookings of $699 million, up 61% year-over-year. … [Read more...] about Zynga’s game is on: Record sales and bookings push stock up 5%

Tilray Surges as Reddit Crowd Turns Its Attention to Pot

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(Bloomberg) -- Tilray Inc. and other pot stocks soared for a third day as Reddit-inspired retail traders turned their attention from GameStop Corp. to the cannabis sector.Tilray jumped as much as 58% to $67 per share before paring back some gains on Wednesday. The earlier gain had put it on track for its biggest three-day pop ever, which would have been a remarkable feat given … [Read more...] about Tilray Surges as Reddit Crowd Turns Its Attention to Pot

NIO Is Poised for Further Expansion; Analyst Says ‘Buy’

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TipRanks3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term … [Read more...] about NIO Is Poised for Further Expansion; Analyst Says ‘Buy’

Don’t Get Greedy With Ocugen Stock, Says Analyst

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What does it take to move a stock price from $0.29 to $15.81 -- an increase of 5,350% -- in just 18 days?Coronavirus, of course. Or more precisely, a vaccine to fight it.An unprofitable biotech that focused on commercializing therapies to cure blindness prior to the present pandemic, Ocugen (OCGN) stock took on a new life on December 22, when it announced plans to co-develop … [Read more...] about Don’t Get Greedy With Ocugen Stock, Says Analyst

How much income will your 401(k) provide?

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Retirement account owners have long had trouble translating the money in their 401(k) into income. That’s about to change. Later this year, possibly in the third quarter, plan sponsors will be required to include two lifetime income illustrations on participants’ pension benefit statement at least once annually. In essence, the illustrations show how much income a participant’s … [Read more...] about How much income will your 401(k) provide?

Electric Aircraft Startup Archer to Go Public Via SPAC Atlas Crest Investment; Shares Lift Off

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By John Jannarone and Jarrett BanksElectric aircraft startup Archer Aviation Inc. is going public by merging with a special purpose acquisition company, or SPAC, called Atlas Crest Investment Corp. (NYSE: ACIC), the startup said in a statement. The $3.8 billion deal is expected to close in the second quarter of 2021, and will provide about $1.1 billion in gross proceeds to the … [Read more...] about Electric Aircraft Startup Archer to Go Public Via SPAC Atlas Crest Investment; Shares Lift Off

Stock futures point to a higher open amid strong earnings

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Stock futures pointed to a higher open Wednesday morning as stocks looked to resume their rally. Contracts on each of the S&P 500, Dow and Nasdaq rose about 0.3%.A day earlier, the Nasdaq powered to another record closing high as tech stocks outperformed, while the S&P 500 and Dow each ended a tick below their recent record levels. Still, all three major indexes have … [Read more...] about Stock futures point to a higher open amid strong earnings