Month: June 2022

Amazon (NASDAQ:AMZN) stock has surged by more than 12% (on a relative basis) in the past month amid enthusiasm about its 20-for-1 stock split. Many investors seem over the moon about their gains, and rightly so. However, it’s time to think about matters prospectively. I sincerely doubt that Amazon stock will resume its upward trajectory
0 Comments
Movie theater companies own and operate cinemas and concession stands in both local and national chain models. As a component of the consumer discretionary sector, movie theaters tend to perform well when customers have disposable income and poorly when the economy is struggling or during times of market turbulence. The COVID-19 pandemic devastated movie theaters
0 Comments
A panel of advisers to the Food and Drug Administration on Wednesday gave its endorsement to both the Moderna and Pfizer vaccines for children below the age of five, the last group to be added to the vaccine program. The panel voted 21-0 that the benefits of Moderna’s  MRNA, -8.01%  two-dose vaccine for children between the ages
0 Comments
Soaring inflation, high interest rates and geopolitical tensions continue to drag down the broader market, most particularly growth stocks. Last week’s U.S. inflation data further spooked investors as the Consumer Price Index rose 8.6% year-over-year in May, marking the highest increase since December 1981. Several financial technology (fintech) stocks, which benefited from pandemic tailwinds, are
0 Comments
There are several famous former traders who moved on to different careers, such as John Key (who served as the 38th Prime Minister of New Zealand) and Jimmy Wales (founder of Wikipedia). However, this list is made up of traders famous for being traders. The lives of the world’s most famous traders are colored by
0 Comments
The crypto market is in chaos.   The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructuring attorneys to advise on possible solutions for its mounting financial problems, according to a Tuesday report by the Wall Street Journal. 
0 Comments
Headquartered in San Francisco, installment-payment broker Affirm (NASDAQ:AFRM) is also considered a specialist in the “buy now, pay later” (BNPL) niche market. As this market becomes increasingly crowded – and a famous tech company enters into the space – AFRM stock should be monitored but not owned. There’s nothing wrong with rooting for a small
0 Comments
U.S. stock index futures pointed to a higher start for Wall Street on Wednesday, as investors debated whether the Federal Reserve will later deliver the largest interest rate hike in 30 years. How are stock-index futures trading? S&P 500 futures ES00, +0.98% rose 0.8% to 3,769.75. Dow Jones Industrial Average futures YM00, +0.74% were up
0 Comments