It’s safe to say any buzz surrounding Vinco Ventures (NASDAQ:BBIG) has long since left the room. After falling to penny stock levels even before the recent bear market emerged, the market downturn has further soured sentiment for BBIG stock. In all, the stock has fallen by around 90% from its meme-era highs. To many, this
Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Amazon shares rallied 12.5% in premarket trading after it posted better-than-expected quarterly revenue and issued an upbeat outlook. Amazon logged an overall quarterly loss, owing largely to a $3.9 billion negative impact from its investment in electric vehicle maker Rivian
The bear market is firmly in place so long as the economy worsens. The incoming recession is a necessary headwind. Although the Federal Reserve would like to avoid that outcome, it will try to avoid a slowdown. The Fed is raising interest rates at an astonishing rate to squash inflation. Until inflation subsides, the central
2022 has been a volatile year for the U.S. stock market. Searching for a stable income by investing in stocks is a one-way path to high-quality dividend stocks. Thankfully, there are still some good dividend stocks to buy out there. We are officially entering a bear market and higher interest rates along with high inflation
A robust summer travel season and improved international and business travel helped major U.S. airlines deliver profits in the second quarter. However, many carriers missed Wall Street’s earnings expectations as they battled sky-high fuel costs and operational challenges, mainly due to staffing issues. Airlines have raised ticket prices to mitigate the impact of higher costs.
It’s easy to understand why Hawaii has come to be known as a Pacific Ocean paradise. The islands’ spectacular scenery—from sunny beaches and colorful coral reefs, to lush river valleys and steep volcanoes—would impress nearly anyone. Visitors can enjoy a range of adventures, from surfing some of the world’s best “surf spots” (such as Jaws
Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is naming PayPal executive Jim Magats its new CEO, CNBC has learned. Magats, a nearly two-decade PayPal veteran who was most recently senior vice
In this article DXCM AVTR FIVN ROKU INTC AAPL AMZN Amazon signage is displayed outside of an Amazon.com Inc. delivery hub in the late evening of Amazon Prime Day, July 12, 2022 in Culver City, California. Patrick T. Fallon | AFP | Getty Images Here are the stocks making notable moves after hours: Amazon —
The current market downturn is a tense and risky time for investors. However, it also presents an opportunity to purchase undervalued blue-chip stocks to buy that are being pulled down with the wider economy in this bear trend. These well-run established companies will continue producing robust earnings even though their share prices may go down
Miami-headquartered cruise operator Carnival (NYSE:CCL) recently received some positive news as the Centers for Disease Control and Prevention (CDC) has ended its Covid-19 Program for Cruise Ships. Don’t get too excited yet, though. CCL stock could still head lower as Carnival’s planning a massive share sale. Plus, an analyst is suggesting that the company’s share sale
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier
The U.S. equities market remains in a dip no matter how you define it. Year-to-date, the Dow Jones Industrial Average is off by 12%. The S&P 500 is off by 16%. The Nasdaq has led the group, down 24% this year. The reason for this is that the Nasdaq is heavily tech-dominated, and tech has
Like similar pandemic-era high-fliers, shares in Shopify (NYSE:SHOP) have seen a big price cut so far in 2022. Adjusting for its recent stock split, SHOP stock started off the year changing hands for around $136.31 per share. Today? It’s trading for around $35 per share. That’s a more than a 74% drop. Yes, over the
The New York Stock Exchange (NYSE) is a public company—as of 2006—but it used to be private, and you could become a member by “buying a seat.” To own a seat meant you could trade on the floor of this stock market, either as an agent for someone else—a floor broker—or for one’s own personal
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell: Meta Platforms — Shares of the social media company
The secular trends that favor solar energy are the same which existed for the last several years. Broadly speaking, concern for climate change continues to grow and demand for cleaner energy sources is increasing. A report from Deloitte highlights the fact that solar photovoltaic (PV) systems have declined 85% in cost over the past decade.
These are the six best dividend stocks for retirement purposes. They have consistent and high yields and their dividends are well-covered by earnings. Moreover, more often than not, these stocks have higher yields than their average dividend yield over the past several years. That makes them more valuable. For example, if the stock rises from
Coinbase (NASDAQ:COIN) has had a number of potential problems and faced some serious issues lately. These include worker layoffs, a price-target reduction for COIN stock and even a former employee being charged with insider trading. The days when Coinbase was a darling of the markets seem so long ago now. Some folks may have invested in
In this article SHOP-CA TPX GRMN SPOT HLT BA Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported positive operating cash flow and, unlike in prior quarters, did not see any charges related to the production
Inflation fears delivered the worst first-half performance for the stock market since 1970. Fortunately, the second half is unlikely to echo the destruction because equities have already baked in a mild recession. Indeed, many areas have arguably priced in a depression. If you agree with me, consider energy, technology and biotech top picks for the