This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. On Tuesday, the New York Stock Exchange surprised markets by immediately suspending all trading in First Republic Bank shares. The stock had been hovering at $3.50 before the halt on the possibility of a
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In this article NET AMBA WPRT-CA ACMR NVDA Follow your favorite stocksCREATE FREE ACCOUNT 2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Technology stocks outperformed the broader markets over the past decade. Thanks to the bull run, the tech-heavy Nasdaq 100 Index (NDX) gained
In this article DD DELL SOFI PACW DGX SHLS BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped more than 8% after the company reported first-quarter revenue that beat analysts’ expectations. Revenue for the
REIT stocks have not been the best performer lately and I don’t know when that observation will change. That said, income-oriented investing cannot exclude this group, as the yields and payouts are simply too attractive. The stock market is in a tough spot. On the one hand, we’ve had a hot start to 2023, but
John Chen, the CEO of BlackBerry (NYSE:BB), is highly optimistic about the company, but that’s to be expected. Unfortunately for BB stock investors, BlackBerry’s fiscal data doesn’t show that the company is successfully transitioning into a modern technology business of the 2020s. It feels like a million years ago that former President Barack Obama had
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Alphabet (NASDAQ:GOOG) stock will gain 2.6% by June 2. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%. related investing news Berkshire Hathaway’s
In this article SBUX GNRC LLY YUM PACW AMD Follow your favorite stocksCREATE FREE ACCOUNT A CVS pharmacy stands in a Brooklyn neighborhood on February 08, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making the biggest moves midday: CVS Health — Shares fell about 3% after the company
Even with the latest 25 basis point hike, the stock market seems to have digested the news and many anticipate that this is the last rate hike before the Federal Reserve chooses to pause. The interest rate is just slightly above the inflation rate, and the distresses in the banking sector have caused additional tightening
I’m usually a big fan of tech stocks. The tech sector enjoyed huge returns from 2016 to 2021, as seen by the tech-heavy Nasdaq composite’s gain of more than 200%. And even though the sector has been down since those heady days, I’m not ready to write off the entire sector. You have to know
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that iQiyi (NASDAQ:IQ) stock will gain 3% by June 2. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business. Operating earnings, which encompass profits
In this article PACW TRIP SHAK SHOP Follow your favorite stocksCREATE FREE ACCOUNT The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Check out the companies making headlines in midday trading Thursday. Paramount Global — The media stock cratered
If you’re looking for cheap Nasdaq stocks to buy now, you’ve come to the right place. Granted the index’s outperformance in 2023, up 17% year to date, makes finding value a bit trickier. But there are still a few names that look relatively cheap. To come up with my list of the three most undervalued
Block (NYSE:SQ), parent company of online payment processor Square, has been the subject of many headlines in recent weeks, and not for the best of reasons. Accusations from a prominent short-seller (Hindenburg Research), while not necessarily proven, have attracted a lot of attention and placed pressure on SQ stock. However, if you believe that these
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Tencent Music Entertainment (NYSE:TME) stock will gain 2.8% by June 2. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew
People at the See’s Candies display at the Berkshire Hathaway Shopping Day event, May 5, 2023. David A. Grogan | CNBC Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,” the shopping event is a tradition at the yearly convention. With over 20,000 square
In this article CVNA VFC COIN NVDA LYFT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at an Apple store on November 28, 2022 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in midday trading. Carvana – The used car retailer saw shares surge 28% after the company said
The metaverse is emerging as a powerful economic force, creating substantial opportunity for top metaverse stocks to buy. The market value of metaverse activity could reach an astonishing $4 trillion to $5 trillion by 2030. Consumer and enterprise use cases, including e-commerce, gaming, banking, and manufacturing, will drive the value. From augmented to virtual reality, various
On the surface, SoFi’s (NASDAQ:SOFI) first-quarter results looked quite good. In fact, the company delivered beat-and-raise earnings which tend to thrill investors. But since the lender reported the results on May 1, the shares have tumbled 18%. There appears to be a specific reason for the decline, and the issue could be a huge red