Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE After January’s surprisingly strong jobs report, focus swings to consumer inflation in the week ahead and what it could mean for the Federal Reserve’s plan to raise interest rates. Friday’s report of 467,000 jobs added in January confounded Wall Street economists, some of
Month: February 2022
I’ve written quite a few articles for InvestorPlace in which I’ve argued that a successful company doesn’t always equate to a promising stock. It’s crucial for investors to understand the power of market forces — and the influence of institutional investors. Case in point? Tilray (NASDAQ:TLRY). Fact of the matter is that TLRY stock is suffering
The price for shares of Starbucks Corporation (SBUX) recently continued its wider losing streak after the company reported earnings for the fiscal first quarter. Starbucks beat analysts’ expectations for revenue but missed on earnings per share (EPS). Analysts expected the company to announce $0.80 in EPS and $7.5 billion in revenue for the quarter—Starbucks reported
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
In true New York fashion, it took just three weeks for the state to set a U.S. record for most money wagered on sports betting in a single month. According to Friday’s financial report from the New York State Gaming Commission (NYSGC), New York bettors placed $1.6 billion worth of bets between Jan. 8-30, the
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters SEC Chairman Gary Gensler and his staff have been very busy lately, and they are about to
January was a rough month for stocks, but the downturn won’t last forever. Now is the time to look for cheap stocks to buy before they take back off. Many stocks that were flying high only a few months ago got taken down hard as the S&P 500 index fell 5.3% during the first month
Intel Corp. (NASDAQ:INTC) stock just reported excellent fourth-quarter 2021 earnings on Jan. 27 and its 2021 full-year earnings. In addition, the company also reported a huge amount of free cash flow (FCF) — $11.3 billion — for the full year. As a result, INTC stock is likely to rebound significantly from where it is presently
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The sudden slam to the economy from the omicron Covid variant could show up in January’s employment report as the first big loss of jobs since late
It’s been just over a year since traders on Reddit’s WallStreetBets incited the GameStop (NYSE:GME) trading frenzy and the term “meme stock” entered our lexicon. Early on, this retail army also set its sights on struggling movie theater chain AMC Entertainment (NYSE:AMC). An initial short squeeze in early 2021 took AMC stock from around $2
NEWS ALERT February 3, 2022, 10:13 a.m. EST: Meta stock plunged 25% Thursday morning after the social media giant reported disappointing 2021 earnings and forecast revenue growth next quarter would fall short of analyst expectations. The company also reported its first-ever decline in daily active users on its Facebook app. Meta Platforms Inc. (FB), the
Hot stocks from different sectors typically get a lot of attention both in bull and bear markets. When markets are jittery, as they are now, investors look for shares with solid fundamentals and fair valuation levels. This year is primed to see greater volatility levels. Investors are preparing for tighter monetary and fiscal policies amidst
Wall Street was poised for a rebound on Friday ahead of key employment data, with tech futures in particularly climbing after well-received results from Amazon.com Inc., Snap Inc. and Pinterest Inc. That higher start comes a day after weak earnings and a warning from Meta Platforms sent those shares tumbling and dragged the broader market
In this article C Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Chip Somodevilla | Getty Images Frustration has
Investing is a high-risk, high-reward activity that requires a lot of research and time. But what if you could invest in the best new stocks with just a few clicks? The Robinhood (NASDAQ:HOOD) app offers stocks to buy and sell, exchange-traded funds (ETFs), options and more. Robinhood stocks are an appealing option for investors looking
Real estate investment trusts, or REITs, are often a great source of passive income as the names in this sector are required by law to distribute at least 90% of their taxable income in the form of dividends. This usually leads to stocks yielding well above the average yield of the S&P 500 index, which
In this article SNAP AMZN CLX PINS F RIVN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported
Shares of up-and-coming electric vehicle (EV) startup Rivian (NASDAQ:RIVN) surged following its initial public offering (IPO) late last year. In fact, RIVN stock skyrocketed more than 100% from its IPO price of $78. However, the stock is down over 40% in the past three months. Now, investors are skeptical about the stock and its ability
Key Takeaways Average daily active users beat analyst estimates by about 2 million users. The more daily active users Snap can attract and retain, the more appealing its platform is to potential advertisers. Selling ad space is how the company generates most of its revenue. Snap reported its first-ever quarter of positive net income. Snap