Stock Market

Following the rapid vaccination drives across the world last year, the demand for Covid-19 vaccines is declining. However, booster doses targeting new subvariants are expected to drive sales for coronavirus stocks in the days ahead. Recently, the U.S. Food and Drug Administration (FDA) advised Covid-19 vaccine makers to update their booster shots, scheduled for this
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Pharmaceutical firm Novavax (NASDAQ:NVAX) is getting ready to deliver vaccines for the omicron Covid-19 variant strain soon. In addition, the company just got the green light from the E.U. to start providing Covid-19 vaccines for adolescents. Consequently, there’s a strong possibility that NVAX stock will soon make a move to the upside. Let’s be honest, the
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When the equities sector started to unravel as soaring inflation and the conflict in eastern Europe took its toll on investor sentiment, the technology sector was one of the hardest hit. Since these enterprises are largely geared toward maximizing growth, when opportunities for economic expansion are limited, the segment tends to suffer. However, the bearishness
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Despite Chief Executive Officer (CEO) Lisa Su offering a strong outlook for Advanced Micro Devices (NASDAQ:AMD), investors panicked. AMD continued its plunge as it traded at fresh, new 52-week lows. At a forward price-to-earnings ratio of around 18 times, AMD is historically inexpensive. Sellers reacted to a weak outlook from Micron Technology (NASDAQ:MU). Additionally, Ohio
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It has been a rough start for entertainment company Warner Bros. Discovery (NASDAQ:WBD). The company was formed and its stock launched in April of this year after AT&T (NYSE:T) spun-off WarnerMedia and merged it with the Discovery network in a blockbuster $43 billion deal. The company boasts some notable properties, including the Warner Bros. film
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Dallas-headquartered telecommunications giant AT&T (NYSE:T) now has a deal with the Federal Aviation Administration (FAA). This should help solidify AT&T’s status as a 5G leader. This also bodes well for T stock, which is ideal for value seekers and dividend collectors alike. When dollar inflation gets to a fever pitch, stubbornly staying in an all-cash position
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Today, I have chosen six stocks hedge funds love. To simplify this, I decided to pick the top three stocks of two of the most watched hedge funds that are the most popular in the market. One of those funds is Michael Burry’s Scion Asset Management. We use the company’s 13-F holdings report from the
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The Covid-19 pandemic accelerated the growth of several e-commerce players as consumers moved to online shopping channels amid lockdowns. However, with the reopening of the economy, spending has shifted back to brick-and-mortar stores and to experiences like travel. Further, high inflation and fears of a recession are impacting consumers’ purchasing power. That said, the long-term
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It turns out investing in a vacuum can be a poor idea, even a really strong sounding one. But in today’s current market and as that relates to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), investors may have a less challenging time cleaning up as profitable buyers in GOOG stock. Shopify (NYSE:SHOP), Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) and Alphabet are
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Fed-up investors who dumped Alibaba Group (NYSE:BABA) stock in March will regret it. BABA stock bottomed at $73.28 in mid-March 2022. The following month, Premier Li Kequiang said it would pause its crackdown on the sector. The shift to promoting economic growth proved helpful to BABA stock. Shares are up by around 60% from the
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