In a fresh development, Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) finally settled an ongoing investigation. That’s good news, and it bodes well for GOOG stock. Furthermore, an activist investor gave Alphabet some practical advice about how the company can cut costs. Hopefully, Alphabet’s management will consider implementing retrenchment measures soon. Big Tech has
Stock Market
As discussed previously, Apple (NASDAQ:AAPL) stock has held up very well compared to other FAANG stocks. Unlike other major mega-cap tech stocks, AAPL stock hasn’t been knocked lower by a poorly-received earnings release. In fact, investors responded positively to its most recent quarterly earnings report on Oct 27. In contrast to Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL),
Bloomberg Law recently discussed the global mergers and acquisitions (M&A) market. Their analysis pointed out that even though the 2022 M&A volume is down from a record number of transactions in 2021, the potential deals in 2023 could be pretty standard relative to the pre-pandemic volume. “This year’s total M&A deal volume was $3.1 trillion
There’s a good-news, bad-news situation with China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). The bad news is that some analysts reduced their price targets on NIO stock, and the company’s financial stats have some sore spots. Yet, there are also some highly encouraging data points to consider. Furthermore, potentially positive news from China could benefit Nio
Big tech is taking an ax to its headcount, and Amazon (NASDAQ:AMZN) is no exception. The e-commerce and cloud computing giant recently announced its own round of mass layoffs, downsizing 10,000 corporate and technology positions. So far, this move has had little impact on AMZN stock. AMZN dropped 2.36% on the news, but shares have
Beaten-down lidar stocks could provide investors with one of the biggest opportunities of 2023. After all, lidar is an essential piece of the self-driving-auto puzzle. Lidar allows vehicles’ computers to take a 3D image of the area around them. The sensors can then measure the range or speed of objects, bounce lasers off the objects,
High inflation and soaring interest rates have been the main factor behind the double-digit stock downturn so far this year, but alongside these macro factors, many stocks have plunged due to more company-specific issues—for example, corporate scandals. These scandals run the gamut, both in the type of scandal and the severity of the scandal. Categories
Coinbase Global (NASDAQ:COIN) is among the best-known platforms where people can buy and sell Bitcoin (BTC-USD) and other cryptocurrencies. However, troubles in the world of crypto have put negative pressure on COIN stock. The end result, though, should be much higher prices for Coinbase shares over the coming years. That’s because more credible exchanges will rise
After making a double-digit move lower in October, don’t expect things to calm down with Alibaba Group (NYSE:BABA) stock this month. On Nov. 17, the Chinese e-commerce giant will report results for the preceding quarter, ending Sept. 30. In addition, investors will be keeping an eye on Alibaba’s results for “Singles Today,” which was Nov.
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
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
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
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
Everybody on Wall Street despises microprocessor manufacturing giant Intel (NASDAQ:INTC), right? That’s actually an unfounded assumption, as some big-money investors are holding large quantities of INTC stock. Maybe they know a good value when they see it, or perhaps they’re bullish on Intel as the chipmaker lays the groundwork for significant cost reductions. If you’ve been
Tumbling yet again after a poorly-received earnings report, value investors are again arguing that Meta Platforms (NASDAQ:META) is severely undervalued, and a screaming buy at current prices. Sure, on the surface, META stock appears dirt cheap. After falling nearly 72.5% over the past year, shares in the tech giant, parent company of popular social media
Semiconductor makers enjoyed strong demand trends earlier in the pandemic due to the spike in sales of laptops and other gadgets amid work-from-home mandates, higher sales of gaming consoles and the rapid digitization of enterprises. However, demand in certain key markets, like personal computers (PCs), has slowed in recent months. Macro challenges and the growing
If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major Nasdaq components. With this large drop, shares in the tech giant, which is
If you’re looking for a stock to double within a year, then Microsoft (NASDAQ:MSFT) stock isn’t the right choice. However, the shares are likely to be twice their current price five years from now. Believe it or not, Microsoft’s cloud business could be the company’s main growth driver, even though that’s the segment that disappointed investors
As I discussed in my last article on Cassava Sciences (NASDAQ:SAVA), controversy continues to weigh on the performance of SAVA stock. Over the past week, shares in the clinical-stage biotech firm have traded wildly. First pushed lower by a perceived potential bombshell, shares then zoomed higher, as the company took an aggressive step in fighting
Casino stocks have witnessed a steep drop amidst record inflation and recessionary fears this year. These headwinds are linked to lower consumer discretionary spending, resulting in massive sell-offs in all major casino and gaming equities. On the flip side, the sell-off has also created multiple opportunities to pick up casino stocks at multi-year lows. The
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