As we are all aware, the electric vehicle race is well underway. Unfortunately, that doesn’t help Nio (NYSE: NIO), as they provided yet another disappointing earnings call.
Omnicell Inc. (NASDAQ: OMCL) experienced notable options activity. The majority of the trading volume centered around a single trade involving 300 contracts at a strike price of $60, with a premium of $83,967 and an expiration of 52 days from the trade date.
Meta has deactivated nearly 9,000 accounts, groups, and pages linked to a Chinese political spam network.
The Chinese spam network was part of the larger Spamouflage operation, criticizing the U.S. and Western foreign policies.
Meta experienced a bullish day in the stock market, surging by over 900 points.
On Tuesday, HP Inc (NYSE: HPQ) showed a mixed picture with its fiscal third quarter report as inflation and economic uncertainty continue to weaken the demand for consumer electronics, with the PC market being in a slump for over a year now.
Deep Knowledge Investing originally recommended buying Bitcoin and the Grayscale Bitcoin Trust (OTC: GBTC) in late 2020 when Bitcoin was around half the current price.
Last week, investors/traders eagerly anticipated two main events: Nvidia's (NASDAQ: NVDA) earnings report and Federal Chair Jerome Powell's speech at Jackson Hole. As expected $NVDA beat their earnings by 24% and up over 100% from a year ago.
Today, we want to bring a name to your attention that is not in the news as much as the other popular tech stocks. Cisco (NASDAQ: CSCO) is an old-school technology stock that has existed since 1984. It is outperforming the S&P 500 this year, up about 17 percent, while the S&P is up 15 percent.