News (Proprietary)
StubHub IPO lawsuit could bring investor pain, potential fan gain
4+ min ago (1174+ words) Anyone who has ever bought a ticket to a concert or professional sports event on the secondary ticket market probably has strong feelings about the process and the cost. I know I do, even as I hit purchase while swearing at the bots and scalpers that have bought all the tickets on the primary marketplace before regular people like me even have a chance. The secondary marketplace is viewed by many as a racket and faces widespread criticism " just look at reddit.com/stubhub and you'll see how people feel. It's a very profitable business. StubHub is the most well known player in this sector " in 2024, StubHub reported more than 40 million tickets sold to over 1 million unique sellers globally, according to Industry Previews " but there are plenty of competitors, including SeatGeek, Vivid Seats, Gametime, and TickPick. Now StubHub is facing…...
Day traders say this is the hardest part of the side hustle that no one thinks about
6+ min ago (966+ words) The hardest part about day trading is the emotional battle, traders told BI about their professions. Those trying to turn a profit in markets said they often struggled with the toll of volatile trading days. They found measures such as seeing a psychologist and journaling to be helpful. Day trading isn't so much a science as it is an emotional test. That's the secret to day trading that outsiders don't seem to understand, retail traders told me at a recent happy hour in New York's Financial District. That distress is evident in the bird's-eye data, which tells a story of how common failure is among day traders. One 2020 study found that nearly all traders who persisted for more than 300 days ended up losing money, after accounting for fees. Just 1% were able to clear the bar for making minimum wage. Over…...
‘Zootopia 2’ Opens to More Than Half a Billion Dollars Globally
14+ min ago (51+ words) Disney's blockbuster sequel posted big numbers in China, which has been a challenging market for Hollywood films. Oops, something went wrong "Zootopia 2' Opens to More Than Half a Billion Dollars Globally Disney's blockbuster sequel posted big numbers in China, which has been a challenging market for Hollywood films....
Cathie Wood buys $56 million of megacap tech stock
20+ min ago (737+ words) Cathie Wood, head of Ark Investment Management, is best known for betting on early-stage tech names and high-growth innovators. But occasionally she makes a move into the megacap space when she sees value. That's what Wood did in the past week (Thanksgiving Week), adding about $56 million worth of a megacap tech name, one of her largest recent purchases. Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. Year-to-date, Wood's flagship Ark Innovation ETF (ARKK) is up about 38% as of Nov. 28, outpacing the S&P 500's gain of 16.45% in the same period. Wood's style brings sweet wins in rising markets but also painful losses in bearish ones, as seen in 2022, when the fund lost more than 60%. Those swings have weighed on her long-term results. As of Nov. 26, the Ark Innovation ETF has delivered a five-year annualized return…...
2 Monster Stocks to Hold for the Next 5 Years
22+ min ago (626+ words) Multibagger stocks can grow your wealth exponentially. Niche players in high-potential industries can deliver monster returns over time. Robotics and rare earths are two such industries you'd want to look at right away. 10 stocks we like better than Symbotic " Two such stocks have caught my attention. Each has such compelling growth prospects that buying them now and holding them could yield monster returns over the next five years or so. Rare-earth elements technically aren't rare, but it's not easy to extract them in ways that are economically viable. China has a monopoly, accounting for almost 70% of the global rare-earth extraction. That also means 80% of the rare-earth elements consumed in the U.S. are imported, with nearly all of them coming from China. There is only one active rare-earth mine in the U.S.: the Mountain Pass in California, owned and operated by MP Materials…...
How the Narrative Around Ford Is Evolving Amid Analyst Shifts and Industry Change
31+ min ago (684+ words) Stay updated as the Fair Value for Ford Motor shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Ford Motor. Recent analyst commentary on Ford Motor reveals a mix of optimism and caution, with several major firms updating their outlooks following third quarter results, industry developments, and changes in policy and electric vehicle (EV) performance. JPMorgan, maintaining an Overweight rating, raised its price target for Ford from $13 to $14. The firm cites stronger global light vehicle production and positive trends in currencies and commodities. While JPMorgan prefers auto suppliers overall, it still sees Ford benefiting from industry momentum. Goldman Sachs increased its price target from $11 to $12 after raising its U.S. auto sales forecast, highlighting solid year-to-date sales and "relatively benign" industry pricing strategies. The analyst notes that demand indicators are supporting a better…...
A Look at Gold Royalty's (NYSEAM:GROY) Valuation Following Expanded Credit Facility and Debt Repayment
32+ min ago (420+ words) Gold Royalty (NYSEAM:GROY) has solidified its financial footing by expanding its revolving credit facility to $75 million, introducing fresh flexibility and improved terms. The deal also includes the early retirement of its convertible debentures. See our latest analysis for Gold Royalty. If news of Gold Royalty's expansion has piqued your curiosity, it might be time to broaden your horizons and discover fast growing stocks with high insider ownership With shares soaring and financial flexibility on the rise, the big question is whether Gold Royalty remains undervalued at current levels or if the market is already anticipating the next wave of growth. Is there still a buying opportunity? Gold Royalty's most popular narrative places its fair value at $4.79 per share, with the last close at $4.39. This suggests the current price is still trading at a discount, despite the sharp rally. The…...
Dow Jones Futures: Trump Says He's Made Fed Chief Decision
33+ min ago (58+ words) Many leaders flashing buy signals after a big stock market week. President Trump says he knows he'll be his Fed chief pick. Oops, something went wrong Dow Jones Futures: Trump Says He's Made Fed Chief Decision Many leaders flashing buy signals after a big stock market week. President Trump says he knows he'll be his Fed chief pick....
Can you retire comfortably on Social Security alone? We asked seniors.
36+ min ago (1899+ words) Is it possible to live comfortably in retirement on Social Security income alone? Alden and Dena Swartz draw nearly $4,000 a month from Social Security, the government program designed to support Americans in retirement. And they are struggling. Gail Randle and her partner, Mike DellaVolpe, collect only $2,400 a month in Social Security benefits: Not quite $30,000 a year. And they are doing all right. "We are frugal people," said Randle, 73. "Almost everything in our house is recycled. Used, you know? Thrifted. But it looks nice. Everything works." Social Security was never intended to fund the full cost of retirement. On average, the benefit covers about 40% of a worker's preretirement earnings. And that figure could drop: Social Security will face a shortfall by 2035, according to the Congressional Budget Office. Most Americans think you need at least $1 million in the bank, on top of…...
Powell, PCE and Other Key Thing to Watch this Week
37+ min ago (130+ words) Here are 5 things to watch this week in the Market. Dan Ives Says These Are the Top 3 Stocks to Buy Right Now 1 Penny Stock Wall Street Predicts Will Soar More Than 450% in 2026 Down 42% From Its 52-Week High, Should You Buy the Dip in Cipher Mining Stock? Manufacturing Sector and Powell's Policy Preview Cloud Software Earnings: Enterprise Spending Litmus Test Core PCE: Fed's Final Inflation Checkpoint Best of luck this week and don't forget to check out my daily options article. On the date of publication, Gavin McMaster did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally'published on Barchart.com...