Between macro uncertainty and this year’s banking crisis, it’s no surprise that fintech stocks like Block (NYSE:SQ), after performing poorly in 2022, have continued to underperform thus far in 2023. Despite this, some may be confident that a boost for SQ stock is just around the corner. That is, the company, which owns digital financial
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Video game retailer GameStop (NYSE:GME) shifted its focus onto e-commerce and nonfungible tokens (NFTs) for a while. That didn’t work out well. Now, GameStop is returning to its roots with a shift back to brick-and-mortar sales. It will take some time to determine whether this strategy will be successful, however, so now is a time to
By Kwanwoo Jun South Korea’s exports fell, on an on-year basis, for a seventh consecutive month in April on weak global demand, their longest losing streak in more than three years. Exports declined 14.2% from a year earlier to $49.62 billion, following a 13.6% drop in March, according to preliminary data released by the country’s
People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research
In this article PACW FRC WAL Follow your favorite stocksCREATE FREE ACCOUNT A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, March 16, 2023. Brendan McDermid | Reuters Check out the companies making headlines before the bell
Electric vehicle (EV) sales are picking up. The International Energy Agency (IEA) just released a new report that shows electric vehicle sales around the world rose 55% in 2022 and surpassed 10 million units for the first time. The IEA said that more than 26 million electric vehicles were on the roads in 2022, up 60%
GameStop (NYSE:GME) decided to give up on the potentially lucrative consumer electronics/technology e-commerce market prematurely, while the sales of its brick-and-mortar stores will probably drop going forward. Moreover, after the interactions that GameStop Chairman Ryan Cohen had with Bed Bath & Beyond (NASDAQ:BBBY) over the last year, I’m not very optimistic about his management skills or
Dear MarketWatch, My spouse and I are looking to buy a house. We are the only ones in our family who don’t own a house yet, and our parents have offered to “sell” us their house as they move away, as long as we work it out with our siblings. Our parents generously noted that
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Harley-Davidson motorcycles are displayed for sale at the Cowboy Harley-Davidson dealership on February 02, 2023 in Austin, Texas. Brandon Bell | Getty Images Check out the companies making headlines before the bell: Meta Platforms – Shares jumped 12% after the Facebook parent surpassed Wall Street’s expectations on the top and bottom lines and issued optimistic
The problem with finding stocks that could be the next Apple (NASDAQ:AAPL) or Amazon (NASDAQ:AMZN) is that you’re looking for a needle in a haystack. How many investors knew they had the tiger by the tail when buying either stock in 2010? Very few. So what should investors look for to find the next trillion-dollar companies?
Investors who’ve held bank stocks have been on a roller coaster since last month, especially with certain banks such as the Silicon Valley Bank (OTCMKTS:SIVBQ) and Silvergate Capital (NYSE:SI). However, big banks and their stocks haven’t been spared the pain either. Many top-tier banks having nearly a fifth of their market capitalization wiped out within
That’s Senator Elizabeth Warren in a U.S. Senate hearing Thursday with the three biggest credit reporting bureaus this week. Senators urged credit reporting bureaus to take the medical debt off consumer credit reports completely Thursday in a hearing by the Committee on Banking, Housing, and Urban Affairs Thursday. It’s the first time the…
The Amazon logo on a locker in Annapolis, Maryland, on February 2, 2023, ahead of earnings report. Jim Watson | AFP | Getty Images Check out the companies making headlines in premarket trading. Capital One — Shares were down 3.3% after disappointing quarterly earnings. The company earned an adjusted $2.31 per share, well below a
Megatrends exist across many thematic areas of the stock market. Identifying these trends usually involves analyzing key factors such as technological breakthroughs, social change, urbanization, climate change, and global wealth shifts and capitalizing on them. The dawn of artificial intelligence is an important thematic focus right now. So is a shift away from fossil fuels
Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) has plenty of skeptics. It’s been difficult to defend RIVN stock as it has lost ground in 2023 so far. Unfortunately, the outlook isn’t bright, as Rivian Automotive’s expenditures are disproportionately high. This isn’t to suggest that Rivian Automotive is doing everything wrong. For example, it’s notable that
First Republic Bank FRCis said to be drawing bids from lenders JPMorgan Chase & Co. JPM and PNC Financial Services Group PNC, according to the Wall Street Journal late Friday night, citing people familiar with the matter. The WSJ report follows another harrowing day for the San Francisco-based lender that has lost nearly all of
In this video, we’re going to cover the key thing that most option sellers don’t know about or don’t think about as they’re doing their trades. We’ll give you some ideas to help you make more informed decisions when selling options like credit spreads, put spreads, and other types of trades. We’ll discuss how many
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The New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if traders choose carefully. Actively managed funds have historically underperformed passive strategies, but