A Refreshed WeWork Goes Public, Finishing Up On Its First Day

kate_sept2004 / Getty Images Following its IPO fiasco of 2019 and a series of scandals, WeWork began trading on the New York Stock Exchange under the ticker symbol “WE” yesterday. Shares of WeWork Shares closed 13.5% higher at $11.78 Thursday, according to The Wall Street Journal. See: Alternative Energy Bitcoin Mining Company Debuts IPO With … Read more

Star Trek’s William Shatner reaches space in Blue Origin rocket — how space stocks reacted

Captain Kirk had a no hiccup voyage into space on Wednesday, but the achievement didn’t cause space-related stocks to (pardon the pun) skyrocket. The space travel sector saw generally mixed action across the board despite Blue Origin’s second successful trip into the Great Unknown with passengers aboard. In early afternoon trading Wednesday, shares of Astra … Read more

4 Meme Stocks to Avoid Like the Plague in October

Meme stocks emerged as a pandemic-induced diversion, fueled by the hype surrounding them on social media forums. They gained immense popularity following the GameStop (GME) short squeeze triggered by retail traders earlier this year, and the craze continues with social media platforms influencing retail investors’ investment decisions. However, while the massive price gains of meme … Read more

A NASA engineer paid for his wedding and honeymoon by betting cryptocurrency on his ability to pick stocks for a quant trading firm

NASA engineer Hayden Burgoyne spends his nights betting cryptocurrency on stock picks. He’s part of an online tournament hosted by crowdsourced-fund Numerai, Bloomberg reported. “We trade stocks, and we’re doing a better job of it than the best hedge funds,” Numerai’s founder said. See more stories on Insider’s business page. A 32-year-old NASA engineer spends … Read more

Here are the three biggest risks for stocks right now, and the red flags to watch

A choppy October thus far is pointing north for stocks on Thursday. Less pressure over the debt ceiling and falling natural-gas prices after Wednesday’s mayhem and Russia’s offer to help Europe, may be helping. Some aren’t too worried. But the list of what could ail this market seems to get longer by the day. Strategists … Read more

4 Meme Stocks to Avoid Like the Plague in October By StockNews

© Reuters. 4 Meme Stocks to Avoid Like the Plague in October Meme stocks gained immense popularity earlier this year following the GameStop (NYSE:) short squeeze due to social media hype. While the dizzying rallies caught the attention of retail traders, most meme stocks are risky as their fundamental strength does not back up these … Read more

A NASA engineer paid for his wedding and honeymoon by betting cryptocurrency on his ability to pick stocks for a quant trading firm | Currency News | Financial and Business News

Jupiter, as photographed by the Juno spacecraft, in September 2017. NASA/SwRI/MSSS/Gerald Eichstädt/Seán Doran NASA / SwRI / MSSS / Gerald Eichstädt / Seán Doran NASA engineer Hayden Burgoyne spends his nights betting cryptocurrency on stock picks. He’s part of an online tournament hosted by crowdsourced-fund Numerai, Bloomberg reported. “We trade stocks, and we’re doing a … Read more

3 Aerospace & Defense Stocks to Fortify Your Portfolio

It’s always important for investors to consider who is paying for a company’s products or services before adding its stock into their long-term accounts. After all, a company can have the most innovative and cutting-edge business in the world, but if its customers aren’t able to pay for its products, it will never achieve success. … Read more

AECOM (ACM) to Modernize Facilities for NASA’s SERAE Program

This story originally appeared on Zacks AECOM ACM has received an indefinite delivery, indefinite quantity (IDIQ) contract from the National Aeronautics and Space Administration or NASA to support the latter’s Southeast Regional Architect and Engineering (SERAE) program. This five-year multiple-award IDIQ contract has a shared program ceiling of $300 million.Per the deal, AECOM will rehabilitate, … Read more

Space Stocks: Why Rocket Lab (RKLB) Has Its Nose Down After Yesterday’s Launch

Space stocks have been an intriguing group to watch of late. There’s the dramatic moonshot and subsequent fall to earth of prominent space-tourism play Virgin Galactic (NYSE:SPCE). Additionally, Astra Space (NASDAQ:ASTR) is another similar de-SPAC (special purpose acquisition company) that has seen its valuation whipsaw violently. Source: Shutterstock However, today, Rocket Lab (NASDAQ:RKLB) is currently … Read more