Tag: Technology
-
March’s Stock Market Came in Like a Lion, Goes Out Like a Bull
March madness in 2023 might better refer to the crazy action of the financial markets than to some overhyped basketball tournament. Over the course of the month just ended, expectations about the economy and Federal Reserve policy swung from one extreme to another. Early on, Fed officials were talking up more and bigger interest-rate increases ... -
First quarter 2023 best and worst stocks Investing Club
The S & P 500 concluded a topsy-turvy — yet winning — first quarter of 2023 on Friday, overcoming a shock to the U.S. banking system in March to rise around 7%. The tech-heavy Nasdaq Composite proved to be the real standout, soaring nearly 17 % . The 30-stock Dow Jones Industrial Average , meanwhile, ... -
The Best—and Worst—Stocks This Quarter in the Nasdaq-100, S&P 500, and Dow
A tumultuous first quarter drew to a close Friday, with markets shaken by banking chaos and more interest rate hikes from the Federal Reserve. Yet the three-month stretch was an especially good one for technology stocks, including chip maker Nvidia . Indeed, the Nasdaq-100 —which contains the 100 biggest stocks in the Nasdaq Composite—performed best ... -
Virgin Orbit, Micron, Tesla, Nikola, BlackBerry, and More Stock Market Movers
Virgin Orbit Holdings (ticker: VORB) was falling 42.6% to about 20 cents after the space launch startup said it would cut 85% of its workforce. The job cuts were made “in light of the company’s inability to secure meaningful funding,” according to a regulatory filing. Virgin Orbit has been trying to secure additional funding since ... -
When do we expect our Investing Club stocks to hit their price targets?
How far out does a Club stock price target project: three months out, six months out, or one year out? For example, you raised guidance on NVDA to $300 per share. How far away time-wise is this projection? Best Regards, Terry In general, our targets represent the price level we expect the stock to realize ... -
Kelso Group Calls on THG to Consider Stock Listing Move, Share Buybacks
Published: March 30, 2023 at 3:13 a.m. ET By Ian Walker Kelso Group Holdings PLC on Thursday called on THG PLC to consider a move of its listing to the Premium List of the London Stock Exchange and a share-buyback program, as it raised its interest in the U.K. e-commerce company to around 0.5% of ... -
Goldman names 2 global tech firms it says are set to benefit in India
India has a massive plan to boost manufacturing — and technology firms in Greater China will be a key beneficiary, according to Goldman Sachs. The investment bank called the plan, known by its Production-Linked Incentive Schemes, as a “substantial opportunity” for Greater China tech firms. The initiative incentivizes foreign companies to start manufacturing in India ... -
Dragonfly Energy Stock Down on Wider 4Q Loss, Guidance
Published: March 29, 2023 at 5:35 p.m. ET By Sabela Ojea Shares of Dragonfly Energy Holdings Corp. on Wednesday fell after the manufacturer of lithium-ion batteries saw its loss widen and posted lower than expected sales in its latest quarter. Shares fell 7.7% to $4.10 in after-hours trading. The… By Sabela Ojea Shares of Dragonfly ... -
Lyft Overhauls Management, Names New CEO
Lyft (ticker: LYFT) announced Monday evening that co-founders Logan Green, the current CEO, and John Zimmer, the current president, are moving into nonexecutive roles on the board. The change for Green is effective April 17. The change for Zimmer is effective June 30. David Risher, who has been on the Lyft board since July 2021, ... -
Argo Group and Brightcove Stock See Action From Activist Investors
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from March 16 through March 22, 2023. Source: ...
