NYSE:GME$GameStop(GME)$ usually sees its stock pop after good news, but on Monday shares remain unchanged. This could be yet another sign that the meme stock movement has passed the company by, as GameStop only saw about half of its normal daily trading volume during Monday’s session. It was also a bearish start to the week for the markets as the S&P 500 and NASDAQ both closed the day in the red as big tech weakness weighed on the indices. The Dow Jones managed to eke out a small gain, adding just 1.39 basis points to its price. Last week, GameStop finally announced a partner for the NFT Marketplace that it has been developing. The company is teaming up with Immutable, an Ethereum-based, layer 2 protocol with the appeal of having zero gas fees for

Nio(NYSE:NIO)could be off to the races after landing an Overweight rating from Barclays on a positive view ofthe Chinese electric vehicle upstart's potential on the world stage. "We believe that the rapid adoption of EVs around the world and booming EV sales have presented China’s EV makers a rare opportunity to not only take a sizable market share of the domestic auto market – the largest in the world with about 25-30% global share by units sold per annum – but also build a dominant position on the world stage," noted analyst Jiong Shao. Shao and team also pointed to upside with Nio's (NIO) strategic partnership with Chinese EV battery maker CATL that produces purpose-built batteries for Nio with the latest technologies co-developed by the companies. In addition, Nio's (NIO) battery swapp

Virgin Australia Velocity has made good on its promise continuing to keep reintroducing award partner redemptions and has just done so with Singapore Airlines for which members can now redeem points again. The Singapore Airlines redemption option was re-activated yesterday, February 7th 2022 after they were paused during the past two years where Virgin Australia essentially went under and was then revamped with fresh capital. In late October of last year,Velocity sent out an email from their CEO that partner award bookings will once again be available from November 2nd and they will add (reactivate) more partners down the line. Singapore Airlines was NOT included in this announcement which was really an alarm bell for many and it was definitely a good announcement this

Summary Microsoft Corporation has been on an upward trajectory, beating analyst expectations 4 quarters in a row; The company’s Cloud Computing segment has been the main driver of revenue growth, with Azure being an integral part of that growth; MSFT’s gaming expeditions have also been paying off, and with the recent acquisition of Activision, the company is headed to consume a major chunk of the global gaming market; Microsoft is also aiming to capture a share in the emerging Metaverse market through the release of AR/VR products; I am bullish on the stock, with returns showing as soon as the end of the current year while adding strong potential value to long-term portfolios. Thesis Microsoft Corporation (MSFT) has been on the rise for over 2 decades and has historically been famous for i

Novavax, Inc. (NASDAQ: NVAX), one of the leading Biotech stocks, and SK bioscience, Co. Limited expanded their collaboration and license agreements for NVX-CoV2373, Novavax’s recombinant nanoparticle protein-based COVID-19 vaccine. Notably, SK bioscience is a vaccine business subsidiary of Korea-based SK Group. Detailed Terms Per the terms, SK bioscience will reserve additional capacity to manufacture antigen, a main component of NVX-CoV2373, through 2022. Notably, the previously announced advance purchase agreement (APA) between SK bioscience and the Korean government for the supply of 40 million doses of NVX-CoV2373 for the Republic of Korea remains in place. Meanwhile, in 2022, additional quantities of the vaccine might be supplied by SK bioscience in the Korean market. M

For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality companies can see their share prices grow by huge amounts. For example, theApple Inc.(NASDAQ:AAPL) share price is up a whopping 509% in the last half decade, a handsome return for long term holders. If that doesn't get you thinking about long term investing, we don't know what will. On top of that, the share price is up 21% in about a quarter. It really delights us to see such great share price performance for investors. Since it's been a strong week for Apple shareholders, let's have a look at trend of the longer term fundamentals. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but

Roblox Corporation (RBLX) provides a platform for developing and playing games in the metaverse. The metaverse is a 3-dimensional interface that users connect to through the internet. Users then interact with each other and with the game, using avatars. Games on Roblox are developed by users and can be played for free. The company makes most of its revenue by selling in-game currency to players; the currency is known as Robux. I am neutral on RBLX stock. Pandemic Explosion Children and adults stuck at home during the pandemic drove massive growth and adoption for Roblox during 2020. Revenues swelled from $162 million in Q1 2020 to $387 million in Q1 2021. This nearly 140% year-over-year increase is startlingly impressive. As stay-at-home orders were gradually lifted, many expected Roblox's

Shares of financial technology company SoFi (NASDAQ:SOFI) are under pressure. The overall selling in the stock market amid the Omicron breakout and the expected moderation in SoFi’s adjusted revenue growth rate weighed on its shares. Further, the extension of the student loan moratorium remains a drag. While SoFi’s member base and products continued to increase rapidly, management’s Q4 revenue guidance indicates a deceleration in growth on a quarter-over-quarter basis. SoFi expects to deliver adjusted net revenues between $272 million to $282 million in Q4. This represents a quarter-over-quarter change of between -2% and +2%. In comparison, SoFi’s adjusted net revenue increased by 17% sequentially in Q3. Moreover, it increased by 19% and 10% on a quarter-over-quarter basis in Q1 and Q2, re

AMC Stock: What Comparing 2021's Top Films to 2019's Tells Investors "Spider-Man: No Way Home" gave AMC Entertainment(AMC) -Get AMC Entertainment Holdings, Inc. Class A Reportand Cinemark Holdings(CNK) -Get Cinemark Holdings, Inc. Reporta pretty big holiday gift. The movie became the biggest hit of 2021 bringing in over $400 million in domestic box office through Christmas Day. That was good news for the movie theater business, but it's more an anomaly than a sign that the box office has returned to its pre-pandemic glory days. The top-ten films at the domestic box office earned more than twice as much money in 2019 ($4.3 billion) compared to the top ten did in 2021 ($1.8 billion). Data Source: Box Office Mojo. Data Source: Box Office Mojo. Superheoes and Franchises Rule the Box Office Wit