Thursday, April 25, 2024
Earnings season has pretty much been a non-event this year, with investors entirely focused on the election and the COVID-19 pandemic. The week leading up to the election has been extremely volatile, and you could indeed be forgiven for not realizing earnings are still rolling out. The thing is, what may have been overlooked with […]
Idea-sharing social media site Pinterest (PINS) is seeing a lot of options action after posting standout earnings. Like many social media companies, PINS is thriving from the remote work/study/play environment brought on by the pandemic. PINS user growth and ad revenues were better than expected, and the stock jumped over 26% higher on the day […]
The biggest action in the options market this past week occurred in Snap (SNAP). The social media/video sharing company has become the best-in-class in the industry after posting outstanding growth and earnings numbers this past week. The company is seeing big time ad dollars coming in, as users became increasingly active over the pandemic period […]
Oracle (ORCL) has been in the news quite a bit lately with its potential partnership with Tik Tok, a popular teen video streaming app. The US wants China’s ByteDance to sell Tik Tok to a US company due to national security concerns. Several companies have been in the bidding, but ORCL seems to have won […]
One of the more interesting situations in the investing world over the last couple of months concerns the fate of TikTok, the video streaming app that is hugely popular among teens. This is a target market that most companies are dying to have access to. TikTok is owned by a Chinese company called ByteDance, which […]
Despite the major stock indexes hitting record highs, this hasn’t been the easiest market to trade for many investors. For starters, value investors have been left in the dust. This is certainly a growth market; however, even growth stock investors may be struggling if they aren’t in the handful of outperforming industries. Most of the […]
The market is experiencing a resurgence of volatility, adding to the already very active options market. Last week, the bears finally caught up to Facebook (FB). The social media platform’s share price dropped 8% in one day, with options trading over 1 million contracts. The selloff came courtesy of Verizon (VZ), which decided to pull […]
