1 Galactic Stock Up 50%, Will It Keep Going?
A few months ago, we wrote an article titled Is This Stock Set To Blast Off in which we featured Planet Labs, trading at under $2 per share at the time.
Since then, the stock is up by over 50% on a slew of positive news including a new 7-figure deal with NATO.
But will the good news continue to flow and how high can Planet Labs stock go now? » Read more about: 1 Galactic Stock Up 50%, Will It Keep Going? »
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RIP FTX: What It Means for Crypto
The crypto world was rocked when FTX, a popular cryptocurrency exchange, filed for bankruptcy.
FTX is a cryptocurrency exchange in the Bahamas founded and owned by Sam Bankman-Fried in May 2019. The exchange provides users with a wide variety of services, including margin trading, spot margin trading, futures contracts and leveraged tokens.
» Read more about: RIP FTX: What It Means for Crypto »
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Is This The Next Hot Restaurant Stock?
Those who invested in Chipotle Mexican Grill (CMG) during its IPO in early 2006 have seen its share price soar by nearly 3,500%. It’s too late to get on the rocket ship, but what stock could be the next Chipotle?
Portillo’s is a regional fast-casual chain with which few are familiar,
» Read more about: Is This The Next Hot Restaurant Stock? »
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How I Would Invest $25k If Starting Over
The big killer to any portfolio is too much exposure to a single stock that plummets. It’s the type of thing that looks oh-so-obvious in hindsight because it’s clear after the fact that you bought into a story, not fundamentals.
There have been lots of “stories” in recent years:
- Credit cards will be disrupted by the buy-now-pay-later model
- FICO is being disrupted by new,
» Read more about: How I Would Invest $25k If Starting Over »
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How Zuckerberg Can Seize The Next Trillion
CEO Mark Zuckerberg doesn’t get as much credit as he may deserve for his ferocity and tenaciousness. As the head of Meta, he is widely viewed as the dorky tech guy who stumbled upon a great idea and just happened to build a big social media business.
The truth is he’s a harsh competitor,
» Read more about: How Zuckerberg Can Seize The Next Trillion »
Read MoreThe Ivy
Is This High Growth Stock Breaking Out?
Billionaire Stan Druckenmiller was once asked how he thinks about performance and his answer was quite insightful. Most traders might say something like “I aim to make 15% a year” or some other specific figure, but Stan’s answer was I like to “compare myself to the opportunity set” and beat it, meaning whatever the market is doing he likes to ensure he’s generating higher returns,
» Read more about: Is This High Growth Stock Breaking Out? »
Read MoreThe Spotlight
Spotlight: The Next Bloomberg Terminal?
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
» Read more about: Spotlight: The Next Bloomberg Terminal? »
Read MoreThe Daily
Vietnam Q2 GDP growth quickens on strong exports, US trade deal brightens outlook
HANOI: Vietnam’s economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after US President Donald Trump said he would place lower-than-threatened 20 per cent tariffs on many Vietnamese products.
Concerns over the Southeast Asian manufacturing hub’s outlook had been growing in the run up to the trade deal announced on Wednesday (Jul 2),