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A man passes by a GameStop location on 6th Avenue in New York, March 23, 2021. View Press | Corbis News | Getty Images Check out the companies making headlines in extended trading. GameStop — The video game retailer surged 5% after posting an increase in sales for its latest quarter. GameStop reported revenue of
Recently, Goldman Sachs has become increasingly confident that the United States economy will stick to the soft landing projection among analysts’ and economists’ forecasts. In a research report, Goldman Sachs revised its estimated probability of a U.S. recession occurring in the next 12 months. They moved it down to only 15%. This percentage decrease also
Investing in biotech stocks is not for the meek. Losses can be very large and occur very quickly. In fact, I’ve uncovered seven of the top biotech stocks to sell as we get into the final months of the year. Some of the top ones include: Biotech Stocks to Sell: HOOKIPA Pharma (HOOK) Source: shutterstock.com/Black
Some consider market patterns akin to astrology, but seasonality can play a substantial role. Research shows that the S&P 500 typically struggles throughout the summer months (July and August). The index limps into September before closing strong in November and December. To that end, investors should read the tea leaves of the past few months
Dear Quentin, I am the trustee/executor for my 103-year-old grandmother. She is alive and mostly doing fine. Lately, she has been allowing me access to her finances so there are no surprises when she dies. I just reviewed her investment-account statements and found that her adviser bought hundreds of thousands of dollars’ worth of five
The Roku app on a television in Hastings-On-Hudson, New York, US, on Tuesday, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading on Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans to lay off 10% of its staff. Roku also lifted its
EV stocks tend to rise and fall with Tesla (NASDAQ:TSLA). The pioneering force in the EV industry has been trending upward since mid-August, which bodes well for the industry’s smaller players. The industry itself is a polarizing one, to be sure. Its emergence touches upon many politically divisive issues. That said, love it or hate it, the EV
If you’re wondering what airline stocks to sell this month, look no further. The airline industry remains in a tricky spot. On one hand, the industry is recovering from the ravages of the Covid-19 pandemic when all carriers had their operations completely shut down for a time and then were forced to operate for an
As company culture adapts to the new normal and looks to get more boots on the ground with teams reaching for low-hanging fruit (while also thinking outside the box) in an attempt to move the needle and make returning to the office a win-win, workers would like to circle back with some feedback: Don’t use
Two more stocks for your aggressive growth radar screen.
People celebrate the GitLab initial public offering at the Nasdaq, Oct. 14, 2021. Source: Nasdaq Check out the companies making headlines in after-hours trading. Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share
Following July’s market peak, stocks face significant pressure with 10-year Treasury yields at levels unseen since the financial crisis. Consequently, investors have a higher-yield, lower-risk alternative than dividends. Nevertheless, dividend stocks prove more rewarding over time, especially dividend growth stocks that bring increased dividends and capital growth. Select stocks boost dividends yearly as profits rise.
Predicting the trajectory of bank stocks in 2023 has been incredibly challenging. The unnerving sight of bank runs just a few months ago was a stark reminder of the unpredictable waters this sector is treading. Though high bond yields have cast shadows over stock markets globally, the financial sector has been hit the hardest, prompting
SYDNEY — Growth for Australia’s commodity-rich economy slowed by less than expected in the second quarter but economists are continuing to warn that a scarring recession remains possible if consumer spending crumbles and a full-blown economic crisis emerges in China over coming months. Gross domestic product grew 0.4% in the second quarter from the first
Supporters of Airbnb hold a rally on the steps of New York City Hall showing support for the company on October 30, 2015 in New York City. Andrew Burton | Getty Images Check out the companies making headlines in premarket trading. Zynex, Coherus BioSciences, Universal Insurance Holdings — Coherus, Zynex and Universal Insurance stock fell
Although high-flying tech startups offer far greater upside potential, for those interested in playing the long game, the best large-cap stocks may be your ticket to sustained success. To be fair, companies commanding gargantuan market capitalization tend to feature mature and thus slow-rising businesses. However, faced with broader uncertainties, going the established route may be
Many view the 30 stocks that comprise the Dow Jones Industrial Average as safe, solid “blue-chip” stocks that will never drop a great deal. For example, the business news company Kiplinger wrote: “The Dow Jones Industrial Average comprises 30 blue-chip stocks that are tops in their industries.” But, as often occurs, reality and conventional wisdom
U.S. stocks were trading lower early Tuesday afternoon, with investors weighing the impact of more international oil supply cuts, weak economic data from China and Europe, and the first drop for U.S. factory orders in months. How stocks are trading The S&P 500 dropped 6 points, or 0.1%, to 4,509 The Dow Jones Industrial Average
On today’s show, Preston Pysh sits down with two of the biggest names in Bitcoin, Dr. Adam Back and Plan B. They talk about the current market conditions, and much of what’s happening in the derivatives market. IN THIS EPISODE, YOU’LL LEARN: – Adam and Plan B’s opinions on the current market conditions – What