Word broke on Monday morning that the Metals Company (TMC) has been approved to raise gross proceeds of as little as $27 million or up to $38 million through a registered direct offering. The company specializes in deep-sea floor mining, pulling low-impact battery metals from seafloor polymetallic nodules. And after struggling to retain its [...]
Shares of U.S. Steel (X) have skyrocketed more than 30% so far in Monday morning’s trading session. The company just turned down a whopping $7.3 billion offer to acquire the company from Cleveland-Cliffs. This deal would have had incredible implications for the steel industry as a whole - but for now, it’s business as [...]
For many of us, deciding when to buy stocks can feel akin to attempting to predict the future or unravel a cryptic code. Sometimes it feels like you need a crystal ball to truly make sense of the markets. The last thing you want is to buy in too early - and get stuck riding [...]
Toast (TOST) released second-quarter earnings earlier this week in Tuesday’s after-hours trading session. Shares climbed more than 20% on the news before settling off a bit lower - but in Friday morning’s session, the stock picked back up and has gained more than 4% so far. The company creates technology for the restaurant industry, [...]
It’s been a tumultuous 48 hours for WeWork (WE), as the co-working space provider has seen shares drop more than 45% in Wednesday’s trading session before recovering almost 38% so far in today’s (Thursday) trading session. This was all put into motion after the company put out a warning to investors on Tuesday that [...]
Beyond Meat (BYND) has had a brutal start to the week as the stock has slid almost 19% over the past few days. This came on the heels of a dismal earnings day in which the company missed revenue expectations, cut its full-year forecast, and walked back its goal of seeing positive cash flow [...]
Shares of Datadog Inc. (DDOG) have fallen more than 18% in Tuesday morning’s trading session so far. The company delivered quarterly earnings that topped the analyst outlook for the quarter that just ended - that’s not the issue. The problem is in the forecast for the current quarter and the remainder of the year [...]
Friday’s trading session was a frenzy for investors of US Cellular (USM), as the stock jumped more than 93% - from around $17/share to more than $33/share. That being said, it appears the hype has died down over the weekend. The stock is gradually headed back toward earth, down 4.5% so far this morning. [...]
FuboTV (FUBO) reported company earnings this morning, and so far in Friday’s trading session, the market has rewarded the streaming provider with a nearly 9% bump for its efforts. The results came in well above analyst expectations. Despite taking a net loss for the second quarter of $49.9 million, or 17 cents/share, FuboTV took [...]
PayPal (PYPL) profits have been under scrutiny by analysts and shareholders alike for a few months now. And after the digital payment processing firm reported its second-quarter earnings Wednesday, it appears that concern was substantiated. Despite a strong forecast, the lackluster margins for PayPal resulted in a strong sell-off in Thursday morning’s trading session. [...]
