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%
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The 2022 midterm elections are all over except for the counting. Several key states are still tabulating their votes, but it does seem likely that the Republican Party will win back control of, at least, the House of Representatives. That means the country will have a divided government, which is historically good news for stocks.
As interest rates (and the chance of a recession) keep rising, the likelihood we see this bear market in tech stocks continue into 2023 increases. However, while some high-quality, reasonably-priced names in the sector may make for great long-term buys right now, there are quite a few tech stocks to avoid. Despite the significant multiple
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
Take a look at some of the biggest movers in the premarket: Take-Two Interactive (TTWO) – Take-Two tanked 17.4% in the premarket after the videogame publisher cut its bookings outlook for the year. Take-Two has been impacted by weaker mobile and in-game sales, although CEO Strauss Zelnick said the situation should improve within the next
The Nasdaq has a reputation for being the home of aggressive hypergrowth companies — firms that can go up five- or tenfold in a year and sometimes crash just as quickly. Most investors probably wouldn’t imagine creating a buy-and-hold forever portfolio filled with Nasdaq stocks. However, the Nasdaq actually offers a lot of variety. While
In the dumpster fire that is the U.S. stock market in 2022, the Dow Jones Industrial Average is the only one of the major indices that is not currently in a bear market. Year to date, the blue-chip index is down around 10% compared to a 21% decline in the S&P 500 and a 33%
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
In this article TTWO TRIP LYFT Follow your favorite stocksCREATE FREE ACCOUNT The TripAdvisor Inc. application is seen in the App Store on an Apple Inc. iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 22.9% after the company’s earnings report
Solar stocks received a big boost recently from the robust third-quarter financial results of two major players in the sector: solar inverter maker Enphase (NASDAQ:ENPH) and Sunrun (NASDAQ:RUN), both of which specialize in selling solar panels to U.S. homeowners. Enphase’s results showed that the makers of solar components other than panels are thriving in the current environment, while Sunrun’s
For years, investing in growth stocks was the key to building an incredible long-term portfolio. Investing in such stocks resulted in oversized returns, which enabled investors to build a robust portfolio. However, given the wild market gyrations, growth stocks have dipped to multi-year lows. Though this may seem like an excellent opportunity, it’s more prudent
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
In this article OXY BKR EQT RYAAY RYA-IE SE SAM DASH PLTR FNKO VTRS RDFN BRK.B BRK.A WBA META CVNA Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Carvana — Carvana shares shed 15.64%, with trading briefly halted
If you’re a grandparent — or if you aspire to be one, at some point — one of the best gifts you can give your youngest family members is a firm financial foundation. While part of that could be an inheritance, it’s also important to teach the little tykes how grandma and grandpa managed to
Suffice it to say, microprocessor manufacturer Intel (NASDAQ:INTC) stock has disappointed its investors for the majority of 2022. However, financial traders went into a feeding frenzy with INTC stock after the company reported its quarterly earnings. They apparently ignored a number of issues that Intel is still facing. Furthermore, one analyst reaffirmed a $20 price target
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
In this article FIVN TRIP TTWO LYFT Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20,
There has been a flurry of economic news, both good and bad, which has rattled most investors. Indeed, for many, it may seem impossible to dissect this ever-changing news flow while actively managing a portfolio based on any potential implications. Accordingly, I’m of the view that adopting a buy-and-hold strategy focused on quality blue-chip growth
Although an uncomfortable subject based on financial sensitivities, the topic of Nasdaq stocks to avoid cannot be avoided much longer. To be clear, it’s not so much about the companies specifically. Rather, with the Federal Reserve committed to its hawkish monetary policy, borrowing costs will rise. With that, the incentive for expansion-driven protocols will likely
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