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Why Did Forge Global Stock Go Down?
Shares of Forge Global (NYSE:FRGE), a platform that allows accredited investors to invest in private businesses, have been on a steady downward march for much of the last year. Shares of FRGE are down over 46% on a trailing 12-month basis, significantly undershooting the performance of the stock market as a whole. Why has Forge Global […]
Is GlobalFoundries On The Verge Of A Breakout?
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is as a semiconductor foundry whose chips can be found in a wide range of electronic devices like smartphones, laptops, automobiles, and smart speakers, among other things. They can also be used to power AI and 5G technologies. GFS share price has not exactly had an easy time on Wall Street, falling […]
Is Dick’s Sporting Goods Buying Foot Locker Smart?
Last week, Dick’s Sporting Goods (NYSE:DKS) announced that it would acquire footwear retailer Foot Locker (NYSE:FL) to further build out its portfolio of sports gear businesses. In the meantime, Foot Locker will remain a standalone business but the future for it and Dick’s is now a tectonic shift from prior trajectories. Is Dick’s Sporting Goods […]
Is Ginkgo Bioworks Stock a Good Buy?
Biotech innovator Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) has had better days on Wall Street. The stock has declined by more than 77% over the past year. With fears of a stalling growth, we look at the strategies that Ginkgo is adopting and try to reignite its growth. Leveraging the Growing Global Biotechnology Market Biotech is […]
Why Mobileye Might Be Wall Street’s Next Big Surprise
The trend to automate vehicles started long ago when adding safety features and electrification. Now we have advanced driver assistance systems, which refers to any technology that makes driving easier and safer. Most new cars today have some form of ADAS in them, giving rise to the companies that formulate these technologies. Mobileye Global Inc. […]
Why Is Rigetti Stock Going Up?
Quantum computing firm Rigetti Computing (NASDAQ:RGTI) has been one of the best-performing stocks of the past year. On a 12-month basis, RGTI shares are up 930%, including a jump of over 40% in the last 30 days alone. Today, let’s take a look at why Rigetti stock is going up and whether this incredible momentum […]
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