After surging higher in late May, shares in video-game retailer GameStop (NYSE:GME) are holding steady at just over $120 per share. GME stock remains seemingly unsinkable right now. With the long side holding with diamond hands, and the short-side possibly getting carried away with their big bets against it, the “meme stock saga” continues. Yet
Month: July 2022
High-yield dividend stocks make stock investing sound like a boring but in many cases highly lucrative business. Here is nothing wrong with that. The economic conditions have changed in 2022 and there are some signs the U.S. economy may slow down and even face soon a recession. The secret to successful stock investing is to
Down almost 78% this year, Rivian Automotive (NASDAQ:RIVN) looks like damaged goods. The electric vehicle maker that’s based in Irvine, California went public last November amid much hype and hoopla. It was one of the biggest initial public offerings (IPOs) of the year with the share price rocketing to just under $180 and giving the
The highest and lowest unemployment rates in the world vary dramatically, even among the Earth’s largest economies. Unemployment in the United States, the largest economy in terms of gross domestic product (GDP), was at 3.5% by the end of February 2020—the lowest rate in half a century—but quickly rose to 14.7% by April in the wake
Given today’s challenging markets and unprecedented economic circumstances, a midyear review of your investments and wealth plan takes on a heightened sense of urgency this year. Stock prices are down, interest rates are up, the pandemic is still lurking and inflation hovers at a four-decade high. Add the looming retirement for many boomers, as well
Investors are picky in the current environment. Spooked by rising inflation and interest rates, value stocks are getting the most attention. Therefore, despite some enticing elements, one cannot give a thumbs up to Hycroft Mining Holding Corporation (NASDAQ:HYMC) stock. The silver and gold miner gained notoriety when AMC Entertainment (NYSE:AMC) purchased a 22% stake in
In this article MGM CZR META MU KSS AAPL Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and
The first half of 2022 is over. And it was a doozy for Wall Street. The S&P 500 dropped more than 20% in just six months. Indeed, tech stocks were decimated. That’s the market’s worst first-half performance in over 50 years! A lot of investors are freaking out. They’re scared, reasonably so. Source: whiteMocca /
Coinbase Global (NASDAQ:COIN) has been the opposite of a buy-and-hold stock in 2022. It has crashed by over 80%, a massive drop that is hard for investors to recover from. It is not impossible, but it is very hard, and it will require a lot of time and a lot of patience — plus a
Portfolio management means different things to different people, but generally, it is a way of balancing risks and rewards. And while the goal of any investment strategy seems straightforward—to make money—it often depends on an investor’s circumstances. For example, a young person new to the full-time workforce might reasonably expect his investment portfolio to grow
Dear Quentin, I am very fortunate to have a steady career and a 401(k), and I have been able to put money aside for my children’s education. This was not always the case as I had several years of education and a six-figure debt that I accrued, and I have learned to be very cautious
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Amazon (NASDAQ:AMZN) Chief Executive Officer (CEO) Andy Jassy sent an email to company employees on Jun. 21 acknowledging that two of its senior executives, who happen to be black, were leaving the company. If you’re considering buying AMZN stock, you might want to consider what these departures mean for Amazon’s future. While it’s easy to
Traders work on the floor of the New York Stock Exchange. NYSE Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it might otherwise have been. The jobs report and Wednesday’s release of minutes from the Federal
Tech giant Advanced Micro Devices (NASDAQ:AMD) is making strong strides in the industry despite the tech sell-off and recession concerns. A fundamentally strong company, AMD has suffered more than it deserved to. AMD stock is down 49% in the past six months and 28% over the past month. However, I think the market is overreacting
Rivian Automotive (NASDAQ:RIVN), an electric vehicle company that’s garnered a lot of attention, has been a long-time bearish call for me. In my previous articles on RIVN stock, I wrote that Elon Musk was right about his comments on high-volume production and named RIVN stock an epic bubble. And I think the pain will continue.
Carbon dioxide (CO2) is an odorless gas that is highly important to life on Earth. CO2 is also known as a greenhouse gas; an excessive concentration can disrupt the natural regulation of temperature in the atmosphere and lead to global warming. The concentration of CO2 has especially increased as a result of the Industrial Revolution
Alphabet Inc.’s Google on Friday said it would delete its members’ location history whenever they visit an abortion clinic, domestic violence shelter, fertility center or other similarly-sensitive place. The change, expected to take effect in coming weeks, was announced in a blog post. “If our systems identify that someone has visited one of these places,
It’s the very end of the current earnings season, with only a couple of companies left to report financial results. With more than 99% of the companies listed in the S&P 500 index having reported their finances, the results for the January through March period have held up fairly well. However, pessimism is growing for
In this article WDC AMD The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Matthew Staver | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will