The UK-based online food delivery company, Deliveroo, could IPO as early as next year.
If you haven't heard of this company yet, that's probably because it only operates overseas.
But Deliveroo is actually the third largest food delivery app in the UK, after Just Eat and Uber Eats.
And you want to pay attention now because it could deliver massive returns to investors who do know about it before the stock IPOs.
by Mike Stenger
Two of the most highly-anticipated tech IPOs in 2020 began trading on the New York Stock Exchange Sept.
30 (Wednesday).
Palantir (NYSE: PLTR) and Asana (NYSE: ASAN) both went the direct listing route, which means they made existing shares tradeable on the public market rather than creating new ones.
Palantir and Asana are both seen as Silicon Valley “unicorns”, but there are stark differences between the two, as far as what they do, how developed they are, and which is the better buy for investors.
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This has been one of the stock market's most unpredictable years ever.
With stocks swinging dramatically higher and lower all year and uncertainty at all-time highs, investors aren't sure whether to buy or keep their powder dry.
But it's actually the perfect time to buy value stocks.
The Dow Jones now is on the decline due to concerns about a second wave of COVID-19.
There is also plenty of economic uncertainty ahead of the 2020 election.
Shares of Walt Disney Co.
(NYSE: DIS) lead the selloff (down 2%) since the company announced massive layoffs.
Read for everything moving the Dow today.
by Mike Stenger
BTS, or "Beyond the Scene," is the name of a seven-member South Korean Pop (or K-Pop) boy band known for its hit song "Dynamite." Its record label, Big Hit Entertainment, just issued public shares on Monday, Sept.
29.
And we're going to show you how to buy Big Hit stock when it starts trading.
by Alex Kagin
Coming off the heels of Tesla’s (NASDAQ: TSLA) “battery day,” the company has inked a five-year fixed price binding agreement to buy lithium from Australian miner Piedmont Lithium (NASDAQ: PLL).
This helped lithium stocks rally on Monday with Piedmont trading up over 200% and Lithium Americas (NYSE: LAC) and others trading in lock step.
Fortunately there’s a better way to profit.
A way that lets you cash in on this exciting industry without the risk of backing the wrong horse.
Right now, the infrastructure for electric vehicles is far from built out like the 168,000 gas stations across the country and that is why I’m looking at this pick and shovel play that could be one of the biggest opportunities in EV stocks right now.
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by Mike Stenger
Hyliion stock will begin trading on the New York Stock Exchange Friday, Oct.
2.
The company is merging with Tortoise Acquisition Corporation (NYSE: SHLL) after a vote by SHLL shareholders on Monday, Sept.
28.
Tortoise Acquisition is up 370% since its IPO in June, from $10 to $47.
The Hyliion reverse merger is big news in the SPAC world, only weeks after Nikola stock fell from grace.
Initially, Nikola traded for $73, but it has since dropped to $19 after rumors of fraud by CEO Trevor Milton.
This might have many investors second-guessing electric vehicle stocks – and the whole Special Purpose Acquisition Company (SPAC) model of investment.
But just because Nikola appears to be a dud right now, does not mean there aren't still huge opportunities for stocks in this field.
Hyliion is quite a different animal from Nikola in almost every respect.
Today, you're going to see why and whether or not you should buy it.
With market volatility picking up ahead of the fall election, penny stocks are quietly turning into one of the most potent investments on the market.
But unlike other stocks, you can't just buy any stock or ETF and hold it for years.
It's only worth it if you can find the best penny stocks and know when to buy them.
Today, I'm going to show you just that.
If you think that trading options is not for you, think again.
Set aside all the stories you may have heard about high rollers and market gamblers who bet the farm on whatever the next big thing might be.
The truth is that options can be part of a conservative investment strategy.
That's right – conservative.
You can use options to hedge your portfolio against losses or you can take advantage of a market pullback without having to sell your stocks and incur possible tax consequences.
The Dow Jones today is in decline on further concerns about rising COVID-19 cases.
The ongoing pandemic is hammering the global airline industry.
Airline companies are reportedly seeking an additional $25 billion in stimulus relief to help delay layoffs and furloughs.
Read for more on everything moving the Dow today.
