Month: December 2021

After Didi Global (NYSE:DIDI) announced that it would delist its stock from the NYSE and move its shares to the Hong Kong Stock Exchange, the outlook remains dreadful. Source: zhu difeng / Shutterstock.com Given Didi’s circumstance, I do not agree with those who have suggested that the company’s American depositary shares (ADS) may move to
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A good credit rating can impact your finances in more ways than one, so it’s vital that you know how to read your consumer credit report. When attempting to qualify for loans, credit cards, or lines of credit, lenders take your credit score into account. Your score determines in part whether you’re approved for new
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Salesforce (NYSE:CRM) stock, like other tech stocks, looks cheap again. So is it time to buy the dip in CRM stock? Source: IgorGolovniov / Shutterstock.com That depends in part on whether the shares are cheap, or just slightly less expensive. Salesforce stock is down 16% since Nov. 9.  Most of that fall came after it announced
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Remember when Pinterest (NYSE:PINS) caught fire with the euphoria surrounding stay-at-home stocks last year? It joined Zoom Video Communications (NASDAQ:ZM), Teladoc Health (NYSE:TDOC), Peloton Interactive (NASDAQ:PTON), DocuSign (NASDAQ:DOCU), and many others on a rocket ship ride for the ages. If you thought the meteoric rise was eye-popping, you should see this year’s unraveling in PINS
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In the bond market, convexity refers to the relationship between price and yield. When graphed, this relationship is non-linear and forms a long-sloping U-shaped curve. A bond with a high degree of convexity will experience relatively dramatic fluctuations when interest rates move. Key Takeaways Convexity is the relationship between price and yield and is non-linear
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WASHINGTON—Senate Democrats are dropping a proposal that would have imposed taxes on vaping, removing a $9 billion provision backed by some public-health advocates from the party’s healthcare, education and climate-change bill, people familiar with the matter said. Lawmakers made the decision as they wrap up the details of the $2 trillion Build Back Better package and
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The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
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Key Takeaways Costco’s comparable sales growth decelerated slightly from the previous quarter but came in above analysts’ expectations. Comparable sales growth is a key metric of Costco’s revenue growth from its warehouses and e-commerce sites that have been in operation for at least one year. The company’s e-commerce sales rose 14.3% from the year-ago quarter.
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The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
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This story has been updated to correct the total revenue, which we previously identified as missing analysts’ expectations. Costco reported first-quarter earnings Thursday. Getty Images Costco Wholesale Corp. on Thursday reported first-quarter profit and revenue that beat Wall Street expectations, as executives said the company is weathering supply-chain issues and inflationary pressures better than other
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In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
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Don’t be heartened by recent positive news surrounding AMC Entertainment (NYSE:AMC) stock.  Source: QualityHD / Shutterstock.com That’s quite a negative sentiment to hold, but it makes sense. Even as AMC stages a turnaround and large institutional investors buy into its shares, the longer-term implications are clear.  AMC won’t emerge better following the pandemic and the
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