Sidus Space(SIDU) stock is getting a boost from a launch agreement withSpaceX. That covers five launches starting in early 2023. This will support the company's plans for a low-orbit satellite constellation. Source: Blue Planet Studio/ShutterstockSidus Space(NASDAQ:SIDU) stock is rising higher on Wednesday after the company announcedan agreement with Elon Musk’sSpaceX.That agreement has Sidus Space securing five launch agreements with the rocket company. These will start in early 2023 and will take its LizzieSatTM multi-mission low Earth orbit (LEO) satellites into orbit.Sidus Space already got approval in 2021 to set up a constellation is satellites operating in low earth orbit. The launches will support agreements with NASA and Mission Helios for payload deliveries and space-based data c
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“We are pleased to have found common ground with the FDA on the regulatory path forward for tebipenem HBr,” said Ankit Mahadevia, M.D., Chief Executive Officer of Spero Therapeutics. “With this clarity, we are better positioned to advance the program as we work to establish and nurture external partnerships for further development.$Spero Therapeutics Inc.(SPRO)$
$XPeng Inc.(XPEV)$Xpeng may or may not hit $15 but at these levels its valuation is close to valuation of BYD but Xpeng has and will have much higher growth rate than BYD. The US-China agreement has been reached, and the inspections of auditors have begun. Xpeng uses Chinese chips, including the AI chips for its computing center, and has no exposure to Nvidia. I am buying and if it falls more, I'll buy more.
What Is Going on With Sidus Space (SIDU) Stock?
What Is Going on With Sidus Space (SIDU) Stock?
$Grab Holdings(GRAB)$Uber 58bil mcap doing 25.5bil revenue, 14.7bil cost of revenue, 10.8bil gross profit (TTM). x5.3 mcap/profitGoTo 25bil mcap doing 283mil revenue, 195mil cost of revenue, 81mil gross profit (TTM). x308 mcap/profitGrab 12bil mcap doing 687mil revenue, 1.1bil cost of revenue, -452mil gross profit (TTM).The above numbers taken from Yahoo Financials. Grab Q2 earnings clearly isnt included since their losses in Q2 was over 500mil. Grab is basically burning money to create more revenue yet it is doing it inefficiently. As they are continuously using this strategy of burning money to gain revenue, investors are the one getting burned. If they stop burning money, their revenue will drop significantly. Look at the mcap over profit, it is r
$Amazon.com(AMZN)$ Our special friend William found AMZN priced at $101 two months ago and boldly has declared he's all in at $120!Roll up your windows and lock your doors folks...😯
$Shuttle Pharmaceuticals Inc(SHPH)$ are people in the stock market to make money? then make it and stop fussing. No go sit down somewhere and watch on the sidelines. Im in the game to play so when opportunities come up don't hate coz your late.
The company continues topost strong earningsamid an increasingly diversified business, maintains a market capitalization of nearly $2 trillion. It is one of the few mega-cap tech stocks that pays a dividend (current yield: 0.94%). Plus, Microsoft’s current price-to-earnings ratio of 27 makes the stock look reasonably priced at its current level of $263.08 a share.Despite the market turmoil this year and challenges ranging from supply chain constraints to high inflation, Microsoft continues to diversify and grow its various businesses — from its$68 billion acquisitionof video game makerActivision Blizzard(NASDAQ:ATVI) to its Azure cloud computing segment.Its most recent quarterly results showed that revenues for the Azure cloud unit grew 40% from a year earlier, which was faster than any of
$Taiwan Semiconductor Manufacturing(TSM)$We’re going to end this list with a couple of chip stocks, starting withTaiwan Semiconductor(NYSE:TSM). Shares of this great company have been crushed this year, as have many other tech names. Despite the selloff, business continues to hum along quite well. In mid-July, the company delivered a top- and bottom-line earnings beat and above-consensus forecast for its third-quarter results.Maybe it’s because it’s not as well-known as some other prominent U.S.-based technology firms. However, TSM stock is not one to be ignored despite its $436 billion market capitalization and 2.2% dividend yield.The company is forecast to grow sales almost 33% this year and 10% next year. On the earnings front, analysts expect 50%
$GameStop(GME)$Investors probably don’t want to holdmeme stocksin their portfolio the next time the market crashes. Indeed, they probably shouldn’t even own meme stocks during bull runs.But discussions of risk aside, the stocks of companies such as video game retailerGameStop(NYSE:GME) that are losing money, struggling to sell their products online, and subject to frequentshort squeezesby retail investors, are the kinds of securities that get trampled when markets plunge and panicked investors stampede for the exits.
$Unity Software Inc.(U)$ Unity Software(NYSE:U) stock has two current catalysts that could affect its price soon. First,AppLovin(NASDAQ:APP)offered to acquireUnity Software for $17.5 billion, but UnitySoftware’s board quickly shot the offer down.Instead, the board recommends the company forge ahead with its deal announced last month to buyIronSource(NYSE:IS). The IronSource platform helps scale and publish mobile games and apps while Unity Software is a noted real-time 3D game content name.Here’s what’s interesting: AppLovin’s deal valued U stock at $58.85 per share, but was ultimately not recommended. The ironSource deal should make Unity stronger, theoretically raising its share price. That means Unity Software likely assumes its shares are worth much
While it’s not uncommon to see a company’s shares increase during its IPO, the growth JZ stock has seen is phenomenal. The company’s shares gained as much as 1,000% today and are currently up 456% as of Friday afternoon. Trading volume is also sitting at more than 600,000 shares.What we’re likely seeing here is speculators pushing up the price of the stock. This has been arecent trend among IPOslately as speculative traders take out stakes in the company in hopes of selling them later for profits.This does mean that traders will want to be careful about investing in JZ stock right now. Speculators can cause volatility for a stock, which can result in highs becoming lows in a short period of time.$Jianzhi Education Technology Group Company Ltd.(JZ)$
$AMC Entertainment(AMC)$AMC shareholders had voted against the company’s proposal to issue more common stock last year, and the APE preferred stock sale isviewed as a workaroundfor obstinate shareholders.After flooding the market with 517 million APE units, AMC still has around 4.5 billion shares left that it could sell to raise additional funds. Though at this point, the cupboard is starting to look a little bare.AMC most recently reported nearly$1.2 billion in revenuefor the second quarter ending June 30, which was a huge improvement from the company’s pandemic lows. While the company posted a Q2 net loss of $121.6 million, its fortunes appear to be improving.
National Cinema Day Could Boost Slow Labor Day TrafficAdding to that, the special discount also serves to increase traffic during a typically slow part of the year. Labor Day weekend is typically one of the least busy times for movie theater chains. That’s why it can’t hurt to offer a discount to draw in customers and could be a catalyst for AMC stock.Jackie Brenneman, president of Cinema Foundation, said the following toNBC Newsabout the National Cinema Day event: After this summer’s record-breaking return to cinemas, we wanted to do something to celebrate moviegoing. We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet. $AMC Ent
Unity Stock Slumps as Board Rejects AppLovin’s Buyout Offer
Unity Software(U) rejectedAppLovin's(APP) bid to buy out Unity. Additionally,ironSource(IS) reaffirmed its willingness to merge with Unity Software. Unity stock slid 7% soon after today's opening bell. It seems that there’s a soap opera going on betweenUnity Software(NYSE:U),AppLovin(NASDAQ:APP) and ironSource(NYSE:IS). Last week, AppLovinbid to buy outUnity Software. Then, this morning, it was revealed that Unityrejected AppLovin’s buyout bid. Also, ironSourcereaffirmed its commitmentto merge with Unity, a transaction that hasn’t actually happened but could be more likely now. In the wake of all this drama, Unity stock slumped 7% in early trading today.Obviously, there’s a lot to unpack here. First of all, the business models of AppLovin and ironSource are somewhat similar. After all
Unity Stock Slumps as Board Rejects AppLovin’s Buyout Offer
What Is Going on With Vinco Ventures (BBIG) Stock ？
Vinco Ventures(BBIG) stock is rising higher after resuming trading on Tuesday. This comes after theNasdaqhalted the stock for nearly two weeks. Heavy trading is behind the increase in BBIG stock today. Vinco Ventures(NASDAQ:BBIG) stock is a big mover on Thursday as shares continue to rally after resuming trading earlier this week.BBIG stock washalted on Aug. 4and only resumed trading this Tuesday. The reason for the halt? TheNasdaqrequired more informationfrom Vinco Ventures. The exchange said it would only resume trading of the shares once it had “additional information” about the company.When BBIG stock started trading again on Tuesday, shares immediately took off in a rally. That’s not too surprising, as BBIG is already a meme stock and the long halt likely had investors anxiously await
What Is Going on With Vinco Ventures (BBIG) Stock ？
MRNA Stock Alert: What to Know as U.K. Approves Updated Moderna Booster
The U.K. approvedModerna's(MRNA) vaccine booster shot that targets the omicron Covid-19 variant as well as the original virus strain. This conditional authorization was based on positive results from Moderna's clinical trial for the booster shot. MRNA stock is up today as a result of the vaccine authorization. The U.K.’s regulatory authority justapproved Moderna’s(NASDAQ:MRNA)bivalentCovid-19 booster vaccine called mRNA-1273.214. Bivalent means it addresses two strains of Covid-19, and this particular booster shot targets the omicron variant as well as the original virus. Consequently, traders bid up MRNA stock this morning.Great Britain, it seems, has consistently been on the leading edge when it comes to Covid-19 regulatory approvals. For instance, in late 2020, it was the first cou
MRNA Stock Alert: What to Know as U.K. Approves Updated Moderna Booster
$Mind Medicine (MindMed) Inc.(MNMD)$The company is in its early stages of developing drugs that could potentially make waves. It has an impressive patent portfolio which includes26 pendingU.S. patent applications. Its lead candidate isMM-120, a formulation of LSD that has considerably improved safety and efficacy in recent results.Investing in a pre-revenue company comes with a ton of risk, but with MNMD, it’s not without healthy upside.
Billionaire Stanley Druckenmiller Just Doubled Down on Palantir (PLTR) Stock
Palantir(PLTR) has been crushed from its highs, with PLTR stock still down about 60% over the past 12 months. In the first quarter, Stanley Druckenmiller doubled his stake in Palantir, then added to it again the second quarter. Now a top-10 holding in his portfolio, bulls are looking for a turn. Source: rblfmr / Shutterstock.comPalantir(NYSE:PLTR) is not faring that well on Thursday, down about 3%. PLTR stock has struggled all week, currently down almost 8%. That’s even as Stanley Druckenmiller again added to his long position in the stock.Investors might assume that a billionaire investor upping their stake is a bullish statement. And itisa bullish statement, particularly when we’re talking about Stanley Druckenmiller, one of the best investors of our time.According to thelatest Form 13F,
Billionaire Stanley Druckenmiller Just Doubled Down on Palantir (PLTR) Stock
Upstart Holding Will Get Worse Before It Gets Better
With the market remaining underwater for the year, you may be looking for bargain stocks to buy. Purchasing the shares of such names now, ahead of macroeconomic improvements, could provide investors with big gains when a bull market arises.In particular, purchasing stocks that were hit hardest by the downturn can result in outsized returns. Take, for example, a stock that falls from a high of $100 to $25. For investors who buy it at $25, a partial rebounds to $50 per share would mean a 100% gain. If it climbs back to $75, they would triple their money.These five stocks to buy can eventually deliver huge comebacks. But investors should tread carefully with them, as external and company-related factors may send them to new lows before they start meaningfully recovering.Upstart Holdings (UPST
Upstart Holding Will Get Worse Before It Gets Better
For itsQ2 report, Upstart delivered earnings per share (EPS) of 1 cent, well below Wall Street’s estimate of 10 cents. The company also rang up $228 million in revenue, representing an 18% lift year-over-year (YOY). However, that tally missed the consensus target of $241.6 million for the period.Making matters worse, prior to the Q2 disclosure, Upstart admitted that the company wouldfall short of the original revenue estimateof between $295 million and $305 million for the three months ended June 30. Before this guidance, covering analysts had anticipated Q2 sales of $335 million. Following the guidance, however, analysts dropped their target to $298 million.$Upstart Holdings, Inc.(UPST)$
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