Stock Market

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Why did Getty Images (NYSE: GETY) go berserk on Friday?

30 Jul 2022 1 minute read 0 comments RocketEnthusiast

Shares of media company Getty Images surged on Friday. In premarket trading, traders pushed the stock up to $33. GETY reached an intraday high of $29.53. Talk about a gap up from Thursday's close of $10.50 - elevator up! So what's the reason behind...

Origin Materials - Week in Review #4 (July 25-29)

30 Jul 2022 2 minute read 0 comments RocketEnthusiast

Two Carbon Black Partnerships Announced This week, Origin Materials has announced two separate partnerships. Intertex, a global distributor of synthetic rubber, chemicals, and carbon black has signed an off-take agreement to purchase sustainable carb...

My favorite stock market Youtubers

29 Jul 2022 1 minute read 0 comments JessFinesse

You can find an armory full of knowledge about the stock market on Youtube, here are my favorite people who have taught me how to trade. I am also not affiliated with them in anyway they just have a wealth of knowledge that will help you learn to tra...

Stock Market - Where to begin?

29 Jul 2022 2 minute read 0 comments JessFinesse

Starting the stock market journey Last year I was scrolling through my Facebook newsfeed, and I kept seeing these articles about the Gamestop squeeze. This really intrigued me, a bunch of average people on reddit made a lot of money because hedge fun...

Nikola Desperately Seeks Shareholder Votes For "Proposal 2" to Stay Afloat

29 Jul 2022 1 minute read 0 comments RocketEnthusiast

Electric semi-truck maker Nikola is essentially fighting to stay afloat. While the company retains $385 million cash on hand as of March 31, 2022, the company is seeking the necessary votes from shareholders to increase authorized share count. This s...

Wonder why the US financial markets have not reacted negatively to FED's recent interest rate hikes

28 Jul 2022 5 minute read 2 comments Greenchic

  The US markets have reacted positively to FED’s 75 basis points interest rate hike. One would have thought with US FED’s interest rate hikes, CPI inflation numbers being high and the looming prospect of a recession, markets would further go down...

US Recession seems likely, pending confirmation

27 Jul 2022 1 minute read 1 comment RocketEnthusiast

Famous American investor and "Big Short" Michael J. Burry has taken to Twitter tonight with an eye-popping Tweet: A last hurrah before the US economy is officially in a recession? The stock market is already in a bear market. Perhaps Mr. Burry is su...

Are Recession Fears Making Things Worse?

26 Jul 2022 5 minute read 2 comments Alexandre Lores

Image courtesy of Unsplash Originally published on thelatestblock.com on July 25, 2022. Here is a relevant question about the U.S. economy no one is asking. What if companies, who are cutting expenses by laying off employees, in preparation for an e...

Trading 212, Brief Introduction And First Impressions

26 Jul 2022 2 minute read 0 comments Crypto Monkey

It took well over a year after “joining the queue”, but I finally got the invitation to open a Trading 212 account. Happy days! If you are not familiar with the company, Trading 212 is an investing platform that works on a “commission free” basis. Th...

Netflix Reports Loss of Nearly 1 Million Subscriptions in Q2 2022

20 Jul 2022 1 minute read 1 comment AverageVancouverite

In the second-quarter earnings report, Netflix indicated that about 970,000 subscriptions were lost between April and June, marking the largest quarterly loss of users in the company's 25 year-long history. The latest loss also follows a decline of 2...