Let’s be honest here. Facebook changed its name to Meta (NASDAQ:FB) and is betting everything on metaverse development because it has no other choice. Meta’s social media platforms are dying, especially the core Facebook app (which, for the first time ever, lost users last quarter). Its digital advertising business is disappearing, thanks to privacy law
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term
In this article MAT UBER KO DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Coca-Cola – Shares of beverage giant rose 1%
Wire transfers offer a way to send money electronically from one person or entity to another. It’s possible to wire money between banks in the U.S. as well as international financial institutions and non-bank money transfer providers. A wire transfer may be preferable for situations in which you need to move larger amounts of money
Digital World Acquisition Group (NASDAQ:DWAC) is likely to fall shortly after the SPAC (special purpose acquisition corp) merger with Trump Media & Technology Group (TMTG) closes. DWAC stock is at an exorbitantly high valuation, especially considering its potential earnings and dilution issues. Source: rafapress / Shutterstock This is way too high for a company that
Since the pandemic began two years ago, and General Motors (NYSE:GM) stock dumped its dividend, the stock is up by 42%. That’s better than the average S&P stock. Source: Katherine Welles / Shutterstock.com But it hasn’t been a smooth ride. At one point in 2020, GM stock traded at under $20/share. At the start of
The performance of Palantir (NYSE:PLTR) stock was unimpressive for most of 2021. After a strong listing in September 2020, the stock gained almost 250% by January 2021. However, PLTR stock subsequently retreated on both macro and micro factors. It’s now down nearly 60% over the past 12 months. But is all hope lost for this
A pedestrian wearing a protective mask walks past a Citibank branch in New York on Friday, April 10, 2020. Bloomberg Citi economists now expect the Federal Reserve to make a more aggressive 50-basis-point hike in the fed funds target rate in March. The bank made its forecast after January’s consumer price index soared 7.5% on
In my most recent articles on Matterport (NASDAQ:MTTR), I’ve taken a bearish view on the stock. But I haven’t been bearish on MTTR stock primarily because of the firm’s prospects. Source: Matterport Instead, my view has been that the richly-priced shares have more room to fall because the market has been shunning pricey growth stock on
Coupang (NYSE:CPNG), one of the largest e-commerce companies in Asia, saw a rocky start to the year. CPNG stock dipped 22.3% per share to $22.85, because of a series of short-term disruptions that weighed on its profitability. More worryingly, since its initial public offering (IPO) in March 2021, Coupang lost over 50% of its market
The housing market is on fire — and I believe the single best growth stock to buy for 10X potential gains in the 2020s is a disruptive housing stock. But more on that later. For now, just look at these housing numbers. Existing home sales hit 6.1 million homes sold last year, the highest mark
In this article VIVO VioletaStoimenova | E+ | Getty Images Company: Meridian Bioscience Inc. (VIVO) Business: Meridian Bioscience is a life science company that develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, as well as elevated blood lead levels worldwide. The company has two business segments. The Life
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
The stock market elevator just stopped on a floor of fundamental value for pro investors. Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID ProShares UltraPro Short QQQ: https://www.zacks.com/funds/etf/SQQQ/profile?cid=CS-YOUTUBE-FT-VID ProShares UltraPro QQQ: https://www.zacks.com/funds/etf/TQQQ/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Emerging in the 1990s, both Amazon.com (AMZN) and eBay Inc (EBAY) facilitated the expansion of the global electronic commerce sector. Although Amazon and eBay are both multinational e-commerce corporations, eBay is solely a marketplace to conduct business, whereas Amazon is both a marketplace and a retailer. Formerly just an online bookstore, Amazon expanded into a superstore selling digital media as
In one sense, stock-trading app Robinhood Markets (NASDAQ:HOOD) could hardly have timed its initial public offering better. HOOD stock went public on July 29 at $38 a share. Less than a week later, it hit an intraday high of $85 for a 124% gain. Source: OpturaDesign / Shutterstock.com Remember that this was a time of
On the surface, the news that Amazon (NASDAQ:AMZN) is upping its maximum base pay for corporate and tech workers to $350,000 from $160,000 is a win for current and future employees. However, I’m not sure anyone holding AMZN stock should be sold on the move. Source: Frederic Legrand – COMEO / Shutterstock.com Here’s why I
Social media stocks have taken a beating lately, and they have had a rocky start to 2022. Pinterest (NYSE:PINS) was once a pandemic darling, but the stock has been declining for the past few months. We spent hours on the social media app while in lockdown, but interest soon started to fade. PINS stock made
Traders on the floor of the NYSE, Jan. 25, 2022. Source: NYSE Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Federal Reserve can raise interest rates. Markets were roiled in the past week and bond yields spiked after a hot
QuantumScape (NYSE:QS) has big plans to become a major player in the electric battery industry as it claims it is “building the best battery.” QS stock benefitted greatly as electric vehicle (EV) manufacturers exploded in popularity during the pandemic. But as lofty valuations return to earth, real questions about QuantumScape’s business have become a sore