Things seem to be getting worse in China. In recent months, Chinese President Xi Jinping has consolidated his grip on power. He’s pledged to return China’s economy to its socialist roots and move away from the free market path it had been on. This follows more than a year of crackdowns on publicly traded Chinese
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After years of astounding growth, Amazon (NASDAQ:AMZN) is currently out of favor among investors. Some traders reacted negatively to Amazon’s third-quarter 2022 earnings report. Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach
In this article DOCS LZ IMAX RL DUOL COIN AMZN GM WYNN MCK VRTX HUM ELV CI NFLX BZH WBA Follow your favorite stocksCREATE FREE ACCOUNT A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online
[Editor’s note: “Industry Catalyst Gives Desktop Metal Stock Enormous Potential” was previously published in February 2021. It has since been updated to include the most relevant information available.] When it comes to 3D printing leader Desktop Metal (DM), it’s all about the Fourth Industrial Revolution. That is, the company is at the epicenter of a
Meme stocks represented one of the most remarkable developments in the equities space during much of the new normal. However, by 2022, this sector received a very rude awakening. To be fair, this space enjoys backing from powerful Internet communities, making a shorting proposition wildly risky. So, that’s not what I’m going to talk about.
Source: Rokas Tenys / Shutterstock.com Tesla (NASDAQ:TSLA) stock got rocked this week after CEO Elon Musk revealed he had sold $3.95 billion of his Tesla stake. Many analysts immediately drew lines from the rapid-fire disposal to Twitter’s recent stumbles. It only took the world’s richest man three months to renege on his promise to avoid
In this article WBA LVS INTC DOCS USB WYNN Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hold. Following a recent meeting with management, the firm
Cheap blue-chip stocks refer to companies that are established and have a strong record of delivering solid earnings and returns to investors but have fallen off recently. These stocks also tend to be market leaders in the sectors in which they compete and have held dominant positions for many years, if not decades. For these reasons,
At long last, after taking a beating all year long SoFi Technologies (NASDAQ:SOFI) stock had a good day. On Nov. 1 share shot higher after SoFi released its third-quarter 2022 financial results. Yet, those gains were quickly coughed up as SOFI stock retreated over the next couple of days. Investors must ask themselves: Why did this happen, and
In this article ARKK Follow your favorite stocksCREATE FREE ACCOUNT Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Lauren Justice | Bloomberg | Getty Images Cathie Wood’s flagship ARK Innovation ETF staged a dramatic relief rally Thursday
In this article BROS VCSA COIN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Source: NYSE Check out the companies making headlines in midday trading Thursday. Coinbase – The cryptocurrency exchange was up 10.7% after Oppenheimer said Coinbase was well-positioned while the larger sector was
Once considered to be a cash cow for investors, finding semiconductor stocks to buy and hold can be daunting these days. The iShares Semiconductor ETF (NASDAQ:SOXX), an exchange traded fund that holds 30 leading semiconductor stocks, is down more than 35% so far this year as a chip shortage continues to stress the industry. But if you’re a
There’s a decent chance that any stock investment is bound to decline in value right now. The Federal Reserve recently instituted its fourth consecutive 75 basis point (0.75%) interest rate hike. This move signaled that the ultimate terminal rate required to bring down inflation may be higher than initially anticipated. For most stocks, this has
How far could a $100 wager on Baidu (NASDAQ:BIDU) stock take you? In the short term, don’t expect huge gains, as traders are still nervous about Chinese President Xi Jinping’s consolidation of power. They’re anxious about the nation’s strict Covid-19 policies as well. Yet, Baidu shares have lost so much value that there seems to
In this article BROS RIVN SIX WE 9866-HK TPR Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of
Apple (NASDAQ:AAPL) became the latest member of the FAANG-plus-Microsoft (NASDAQ:MSFT) group to deliver bad news on Nov. 6. Specifically, AAPL reported that shipments of its iPhone 14 Pro and iPhone 14 Pro Max would be below its previous outlook. The hardware giant blamed supply issues caused by Chinese anti-coronavirus measures for its miss, which strikes me
Like many of its FAANG peers, Amazon (NASDAQ:AMZN) stock has experienced a post-earnings plunge in recent weeks. Following the cloud computing and e-commerce giant’s latest quarterly earnings release, AMZN stock has hit multi-year lows. More or less, the stock has fallen back to price levels last seen at the start of the Covid-19 pandemic. Considering
A collaboration with Amazon (NASDAQ:AMZN) should rescue any company from its financial problems, right? Not necessarily, as Blue Apron (NYSE:APRN) sealed a deal with the e-commerce behemoth but hasn’t returned much value to its shareholders. Furthermore, despite its short-squeeze potential, some big-money traders seemingly expect APRN stock to continue on its downward trajectory. Headquartered in
Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse of popular crypto exchange FTX. Prices were pressured to start the day and plunged by late afternoon as Binance, the largest global exchange by volume, abandoned plans to acquire Sam Bankman-Fried’s FTX after a due diligence exam and recent
In this article SPGI Follow your favorite stocksCREATE FREE ACCOUNT Consumer inflation may have come down slightly in October as goods prices declined, but prices for services and rents are expected to continue to climb. Economists expect the October consumer price index rose 0.6% from September, or 7.9% from a year ago, up from 0.4%