Breaking Down Tesla, Cloud Computing, Biotech, and More

Happy Monday! Markets experienced fierce volatility today; the S&P 500 and Dow zigzagged until closing in the red today. The NASDAQ, on the other hand, continued to buck the trend seen in the other two major indices to carry out gains for the day. That said, let’s jump in:

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GameStop Gets Saved, J.P. Morgan Has A New “Long-Term Winner” and A Gene Editing Company Makes Major Gains

Happy Thursday! Some of y’all may have noticed we updated the Rippers schedule, with Thursday now the spot you can find our end-of-week list. We’re tackling some of the biggest movers of the week, so let’s get right to it ⬇️

Continue ReadingGameStop Gets Saved, J.P. Morgan Has A New “Long-Term Winner” and A Gene Editing Company Makes Major Gains

Online Payments Company Payoneer in Advanced Talks with SPAC

🖥️ Online payments company Payoneer is looking to go public in a SPAC arrangement with FTAC Olympus Acquisition Corp. Though the deal is not closed, shares of $FTOC rose 23% this week on the news. Payoneer, a lesser known global payments company, made $300 million in revenue in 2019. They help service payments in freelancing, ecommerce and digital marketing companies like $FVRR, $UPWK, $AMZN, and $ABNB.

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GameStop and Electric Vehicle Companies Continue to Dominate the Markets

🎮 Biggest Ripper ➡️ After months of talking about GameStop, we are happy to say: “we told ya so.” $GME has gone on an 800% run since it was first featured on our Rippers list. It was also featured on our website in November, where we broke down why it was ripping and why we were skeptical. Despite our reservations, retail traders have sent $GME on a 100% rise in the last trading week. We’ll be watching it in the week ahead to see what’s next.

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How to Predict Wall Street Bets’ Next Big Trade Before it Happens

People are starting to wonder what the retail crowd will do next after r/WallStreetBets’ tremendous success with squeezing the shorts. Their next trades may not be as magnificent and widely covered, but knowing what the investing community’s most prominent group is talking about might provide some investors with an edge. In order to predict the next big trade, Bullish is taking a look at two tools investors can use to tap this crystal ball on markets — without even having to browse it themselves. 

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