“This is a Cathie stock” is a new meme on Wall Street. It is at the heart of the three stocks to buy ideas today. Love it or hate it, Ark Invest is popular and it’s not going away soon. I consider these trade opportunities short term. However, they could also form a successful longer-term…

Editor’s note: This article was updated on Nov. 22 to correct Goldman Sachs’ price target for PLTR stock.  Today, shares of many high growth names are in freefall after it was announced that President Joe Biden would be re-nominating Jerome Powell as chairman of the Federal Reserve. Palantir Technologies (NYSE:PLTR) wasn’t spared in the process.…

Market news today has largely centered around President Joe Biden’s appointment of Jerome Powell to another term as chair of the Federal Reserve. While this development was anticipated by many, it comes at a time when inflation is rising rapidly and economic uncertainty continues to weigh on investors. One thing that can be expected in…

Copyright © 2021 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Home / Today’s Market / WEJO Stock: 8 Things to Know as Palantir-Backed Wejo Starts Trading Today A new company starts trading today and it promises to revolutionize car data By Samuel O’Brient, InvestorPlace Financial News Writer Nov 19,…

Special purpose acquisition company (SPAC) Virtuoso (NASDAQ:VOSO) has announced that its shareholders approved its merger with connected vehicle data startup Wejo. And boy, did people notice. Perhaps unsurprisingly, VOSO stock closed up 43% on the day, which represents practically its only major movement since the SPAC went public in March. VOSO is currently sitting on…

Recently, shares of Palantir (NYSE:PLTR) sank over 10% following the release of its third-quarter results on Nov. 9. Coming off a low in mid-November last year, PLTR stock hit an all-time-high of $45 in late January. Now, the stock hovers around $22, down about 8% year-to-date (YTD). Source: Ascannio / Shutterstock.com A big data group,…

Palantir Technologies (NYSE:PLTR) reported third-quarter results on Nov. 9, meeting earnings expectations and delivering a revenue beat. The company continues to add new customers at a healthy pace with strong growth projected in the coming years. Though government revenue dipped during the quarter, the compelling strides in Palantir’s commercial segment have more than made up…

Palantir (NASDAQ:PLTR) is now worth even more than before given the excellent quarterly results it released on Nov. 9. As a result, I have raised my target price for PLTR stock to $38.81, up from $37.87 in my last article on Palantir stock. Source: Ascannio / Shutterstock.com This is solely due to the strength of…

We’re a week out from when data analytics company Palantir (NYSE:PLTR) reported its third-quarter earnings. PLTR stock remains down nearly 15% from its pre-earnings close. They’re also down over 40% from the highs they reached at the end of January. Despite the drama over the past 11 months, PLTR is virtually flat compared to its…

A big part of successful investing starts with not making obvious mistakes. DraftKings (NASDAQ:DKNG) stock corrected 36% in two months, and is now 45% off its all-time highs. The easy opportunity has passed. Investors choosing DKNG stock from here onward have realistic expectations from here. Source: Tada Images / Shutterstock.com This is a relatively new…

Many investors, analysts and pundits are finally seeing and internalizing the multiple weaknesses of Palantir Technologies (NYSE:PLTR) that I have identified for many months. As they come to a sobering realization, I think that all investors should sell PLTR stock and that some traders should consider shorting the shares. Source: Ascannio / Shutterstock.com For the…

Palantir Technologies (NYSE:PLTR) stock is a growth play that is stuck despite reporting solid revenues. Source: Ascannio / Shutterstock.com The company is known for secrecy as it deals with government data but there is so much more to it than that. PLTR stock is worth it for patient investors. It could be frustrating for investors…

Today, shares of Palantir (NYSE:PLTR) closed down 7.1% after an analyst at RBC Capital downgraded the company to underperform from sector perform. The price target was also lowered from $25 to $19. PLTR stock’s volume at the time of writing is 85 million shares, 55% more than the average daily trading volume of 37 million.…

The world of meme stocks isn’t as bad as some have been led to believe. Yes, a portion of the stock-related memes and conversations on social media sites like Reddit will always contain suspect advice. But investors who dismiss these picks at large are at risk of throwing out the baby with the bath water. I’m…

EVgo (NASDAQ:EVGO) stock is charging higher on Tuesday after the company announced a deal with ride-sharing service Uber (NYSE:UBER). Source: Shutterstock Uber drivers looking to recharge their vehicles between trips are already able to access EVgo’s public fast chargers. However, a new agreement allows them to net better prices thanks to discounts in the new…

Luminar Technologies (NASDAQ:LAZR) stock is taking off on Tuesday after announcing a major deal with Nvidia (NASDAQ:NVDA). Source: JHVEPhoto/shutterstock.com The big news that has investors in LAZR stock smiling today is Luminar Lidar being chosen for Nvidia’s DRIVE Hyperion autonomous vehicle reference platform. This is a platform designed to increase the adoption of self-driving vehicles.…

Palantir (NYSE:PLTR) has been a tough stock to own over the past few months. While PLTR stock has been struggling, it’s important to note that almost all growth stocks have been struggling. Source: Ascannio / Shutterstock.com The group has seen so much volatility, both pertaining to the stock prices and the underlying businesses. Many companies…

I first came in contact with Palantir (NYSE:PLTR) stock earlier this year and immediately knew it was something special. The underlying bullish thesis was clear, so I traded it successfully in the past few months. The easiest opportunities came when it fell in sympathy to other small-cap stocks. Source: Ascannio / Shutterstock.com The problem with…