Tag Archives: SQ

ContextLogic Needs Multiple Quarterly Wins to Make It a Buy

The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for speculators, who thrive on trading volume.

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What events have hurt ContextLogic’s prospects and what will it mean for the rest of the year?

WISH Stock Hurt by Bad News

On July 2, WISH announced that its Chief Financial Officer, Rajat....More>>>

DraftKings, Pfizer, Coinbase, Alibaba, Square, Pinduoduo — How Cathie Wood's Ark Played The S

Cathie Wood-led Ark Invest on Tuesday snapped up 1.07 million shares —estimated to be worth $60.6 million — in DraftKings Inc (NASDAQ:DKNG).

Shares of the Boston, Massachusetts-based sports-betting company closed 5.91% higher at $56.47 on Tuesday after it announced a deal with the privately-held Simplebet, a specialty tech company that facilitates micro-betting.

Ark owns stakes in DraftKings via the Ark Innovation ETF (NYSE:ARKK), the Ark Next Generation Internet ETF (NYSE:ARKW) and the Ark Fintech Innovation ETF (NYSE:ARKF) and deployed all three of its active....More>>>

Why Argo Blockchain Stock Is an Early Buy on Robinhood

Argo Blockchain stock was just made available on Robinhood IPO Access. That means retail investors have a chance to pick up the stock before the IPO is launched.

All a Robinhood user needs to do is express interest in the IPO stock and then be randomly selected to hold one of the set-aside IPO shares.


3 Top Tech ETFs to Buy Right Now

We normally don’t like exchange-traded funds (ETFs) because want better than average returns. But some tech stocks are so explosive you simply can’t afford to miss out. And owning the best tech ETFs in those sectors is the simplest way to make sure you don’t. They’re crucial to any savvy tech portfolio.

“As far as I’m concerned,” says Money Morning Defense and Tech Specialist Michael Robinson, “They make great foundational plays.”

Morningstar data shows the total value of global ETFs comes in at nearly $9 trillion. And that’s....More>>>

JPMorgan Chase & Co. Boosts Square (NYSE:SQ) Price Target to $320.00

Square (NYSE:SQ) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $300.00 to $320.00 in a research report issued on Tuesday, The Fly reports. The brokerage currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.’s price target points to a potential upside of 23.24% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Keefe, Bruyette & Woods increased their price target on Square from $281.00 to $325.00 and gave the....More>>>