Stock Market

Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of

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

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

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

Space companies aren’t everybody’s cup of tea, but some investors might want to take a look at AST SpaceMobile (NASDAQ:ASTS) stock. Now that the company has finally launched its BlueWalker 3 test satellite, ASTS stock might get the green light from Wall Street to move higher. Also, it’s encouraging to see that AST SpaceMobile’s financial situation

Li Auto (NASDAQ:LI) stock, like its peers, has struggled lately. The market has become increasingly pessimistic about the near-term prospects for China-based electric vehicle (or EV) manufacturers. This could have you thinking the sector has been oversold. After all, this big decline only came about on the initial signs of a slowdown in Chinese EV

Investors are nervously awaiting the start of the third-quarter earnings season, which kicks off this week with reports from some of the big banks. Obviously, some earnings reports will be more important to watch than others. There are companies that serve as bellwethers for their industries or the economy on the whole. And there are

The economy has been facing severe headwinds, with only a few sectors holding firm. Earlier this year, several technology stocks were doused in red ink after their Q4 earnings calls. However, as more companies start reporting their third quarter earnings for this year, here are some of the top stocks to watch. The post-pandemic boom

[Editor’s note: “The Battery Maker Set to Soar 10X-Plus by 2030” was previously published in February 2022. It has since been updated to include the most relevant information available.] When it comes to stocks with enormous long-term upside potential, few look more compelling than QuantumScape (QS). As the leading solid-state battery maker, QS is developing

Within the portfolio of growth stocks, it’s a good idea to scout for stocks under $10 to double your money. Exposure to several low-price stocks allows an investor to diversify the portfolio even with relatively low capital. The good news is that with challenging market conditions, there are several stocks under $10 that can double

The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which

Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the

Interestingly, much of the news surrounding global movie-theater chain AMC Entertainment (NYSE:AMC) lately has nothing to do with films. Recently, AMC stock declined after the U.S. Securities and Exchange Commission (SEC) revealed it wouldn’t ban payment for order flow (PFOF). Then, shares fell sharply after AMC Entertainment filed to sell up to 425 million AMC

I’ll admit that, among the smaller electric vehicle pickss, Canoo (NASDAQ:GOEV) stock has a lot more going for it. This maker of specialty EVs (for functions such as deliveries) has built up an impressive backlog of orders. Not only that, there’s another promising sign with this EV play: insider buying. Yet while you may see

It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal

Sometimes, it’s hard to know who or what to believe. Such is the case when it comes to the ongoing U.S. Securities and Exchange Commission (SEC) probe into Cassava Sciences (NASDAQ:SAVA). As the biopharmaceutical company contends with data-manipulation allegations, traders have to figure out what to do with SAVA stock. There may be evidence that the

Big-box retail chain Bed Bath & Beyond (NASDAQ:BBBY) has been the target of eager meme-stock traders. However, the company’s financials will matter soon, as Bed Bath & Beyond has scheduled an earnings report and conference call for Sept. 29. The company needs to prove its value proposition to BBBY stock investors, as it’s undergoing a CEO

[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in August 2022. It has since been updated to include the most relevant information available.] Source: Illus_man/Shutterstock You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard

China’s retail sales and industrial output data for August were definitely encouraging. Retail sales grew 5.4% year-over-year (YOY) in August, while industrial production was up 4.2%. However, Chinese companies continue to be under pressure due to the disruption caused by the country’s “Zero Covid” policy, tensions between the U.S. and China, and a stricter regulatory

Last year, the phenomenon of retail investors bidding up short-squeeze stocks or securities that featured intense bearish sentiment caught like wildfire. This year, circumstances changed dramatically. With the Federal Reserve set to raise the benchmark interest rate until inflation normalizes, the framework for highly risky ventures diminished. Still, short-squeeze stocks represent powerful forces in the