Rivian Shares Fall Amidst Production Stoppage for Amazon Delivery Vehicles: Is it Time to Sell RIVN?
Rivian (RIVN) announced that it has been forced to pause production of the electric vehicle fleet it manufactures for Amazon as it’s having supply chain challenges. Shares have fallen 8% in the last week on the news. This has been an ongoing issue since the start of the month as the company’s Normal, Illinois facility has not been able [...]
Nvidia Surges Ahead of Rivals Leading into Q2 Earnings: 3 Reasons to Buy NVDA Today
Nvidia (NVDA) had been on a torrent pace over the past few years and was due for a reversal, which we saw manifest over the past month. The stock fell from $134.93 to just $98 in a 4-week window, prompting the first real bearish outlook on NVDA in as long as we can remember. But the stock has rebounded [...]
Taxes on Covered Calls: Everything You Need to Know About Covered Call Taxes
Earning high returns is always the goal of selling covered calls, and when you follow our advice and pair VectorVest with OptionsPro, you’ll set yourself up for more profits with less work and stress. However, the additional income you earn will also increase your tax burden. After all, the government isn’t going to let you make a decent living without [...]
Starbucks New CEO Appointment Sends Shares Higher, But is it Enough to Earn the Stock a BUY?
Starbucks (SBUX) let CEO Laxman Narasimhan go barely a year into the job, replacing him with previous Chipotle Mexican Grill CEO Brian Niccol. After the stock lost as much as 20% through 2024, this was the turnaround investors had been desperate for. The stock gained 23% on the news. The news sent Chipotle shares (CMG) nearly 8% lower as [...]
Recent market volatility and what it means for future investing
In the last few weeks, the markets have experienced a level of volatility not seen for an incredibly long time. Even though volatility isn’t a new idea for investors, and historically markets have eventually always returned to upward trajectories, sharp movements have also always had the potential to spook. In fact, sometimes, periods of volatility can shift the investment [...]
Rumble’s Q2 Earnings Send Shares Higher on User Growth, But It’s Not Quite Time to Buy RUM Yet
Rumble Inc. (RUM) disclosed its second-quarter earnings results sending shares 5% higher so far Tuesday morning. The video-sharing and cloud services provider has sought to democratize the internet, and users are getting on board. Revenue was up 27% from the first quarter to $22.5 million, but slightly down year over year. The company reported $25 million in revenue in [...]
