In principle, the latest development out of the Federal Reserve (Fed) bodes well for cryptocurrency miner Marathon Digital Holdings (NASDAQ:MARA). One of the biggest beneficiaries of the digital asset boom of 2021, MARA stock exceeded $76 at its peak during the new normal, a multiyear high. However, risk-off sentiment clouded the broader capital markets this
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The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy’s revenue guidance for the second quarter came in lighter than anticipated. The company CFO also said on the earnings call that “consumers
Pfizer (PFE) stock looks cheap after reporting record results from its Covid-19 vaccine. The rest of the year should look even better as sales ramp up for its Covid-19. Investors should worry about where its new CFO invests the cash. Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock rose 2% after earnings beat street estimates.
These six undervalued stocks with strong consumer brands are worth buying now, given their ability to do well in a recession. The Coca-Cola Company (KO): This $275 billion stock will have steady earnings and dividends during a recession. Verizon (VZ): Telecom stocks like this will still collect their monthly mobile phone service payments during a
Investors should ignore much of the upbeat comments that have been made about Warner Bros. Discovery (NASDAQ:WBD) stock by the company and bullish analysts. For the most part, these comments have focused on how great the firm’s content is and how it can be “the next Disney (NYSE:DIS).” By focusing more on actual data and
Matterport (NASDAQ:MTTR) on April 28 announced that it is opening new sales channels and increasing customer service operations in Japan. The expansion is great to see. But until the company is on better financial footing — or the markets are less uncertain — I wouldn’t put my money in MTTR stock just yet. In its news
There’s no doubt that there’s been a rise in the popularity of marathons and their accompanying half-marathons—especially in recent years. But if you believe these events are reserved for elite athletes, think again. There’s a marathon for everyone—from people who just want to have a good time to those seeking an obstacle course. And don’t
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters How do you spell “capitulation?” F-E-A-R. That’s what this market breeds, and there has been no escape from that wild bear out for your lunch. Putting it in the starkest black and white,
In this article EAT AKAM SWKS SBUX AMD LYFT Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and
Popular Bank of America (NYSE:BAC) analyst Vivek Arya believes that the stellar cloud business update from Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) will have a trickle-down effect on Nvidia (NASDAQ:NVDA) and NVDA stock. In his report, Arya forecasts resiliency in the cloud computing market, despite worries of a resurgence in coronavirus cases in China and other macroeconomic
The good news is that Pinterest (NYSE:PINS) stock finally bounced off its lowest point in nearly two years. Pinterest is trading up since it issued a better-than-expected earnings report. The bad news is what happens next. As much as I like Pinterest as a company and I appreciate what PINS stock brings to the table,
Twitter (NYSE:TWTR) has been volatile over the last few weeks and so has Tesla (NASDAQ:TSLA). What’s the common denominator? Elon Musk. After initially hesitating to do so, Twitter eventually agreed to a sale with Musk. A rumor that once sent TWTR stock higher by 38% in two days has actually come to fruition. Despite this,
In this article ABNB LYFT AMD SBUX MTCH SMCI AKAM The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. Lucy Nicholson | Reuters Check out the companies making headlines after the bell: Lyft — The ridesharing stock plummeted 23% in extended trading despite reporting a beat on revenue and an
The palm oil ban in Indonesia will increase prices for alternatives including soybean oil and canola oil. Archer-Daniels Midland (ADM) will benefit as soybean oil gets a boost from Indonesia’s palm oil export bans. Bunge (BG) is attractive for many of the same reasons as ADM. An ETF like Teucrium Soybean Fund (SOYB) is a
Mullen Automotive (MULN) is short on cash and big on promises. Short sellers have targeted the stock with a devastating report. Please don’t waste your money. Source: Ringo Chiu / Shutterstock.com Mullen Automotive (NASDAQ:MULN) has most of the ingredients you look for in a pre-revenue electric vehicle (EV) company. Except for money. Mullen has an
Amazon (NASDAQ:AMZN) is down 15% since it released its first-quarter results on April 28. The online merchant had a massive outflow of free cash flow (FCF) in the last 12 months. This does not bode well for AMZN stock going forward. The reason is its FCF, after including repayments of finance leases and financing obligations, was
Vanguard and TD Ameritrade (TDA) are among the largest brokerage firms in the U.S.—but the similarities stop there. Vanguard offers an impressive lineup of low-cost mutual funds and exchange-traded funds (ETFs) aimed at buy-and-hold investors and retirement savers. Meanwhile, TD Ameritrade offers three trading platforms—a web platform, the professional-level thinkorswim, and a mobile app—designed for
In this article CHGG DVN JPM BP.-GB PARA James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after the
Markets rewarded investors who bet that Microsoft (NASDAQ:MSFT) would beat expectations in its quarterly report. Still, MSFT stock backed down from its 50-day moving average when the Nasdaq Composite Index sold off. What did markets like about Microsoft’s quarter? At today’s prices, is MSFT stock worth buying now? On April 27, Microsoft posted third-quarter generally
Dogged by accusations of deceptive business practices and tying itself to a market notorious for extreme volatility, cryptocurrency mining firm SOS (NYSE:SOS) is no longer sending out a distress signal — at least not for the first session of May. During a time when the major U.S. equity indices extended their losses from the prior