If you look at the largest of the large cap stocks, you will notice that all of them serve millions of customers around the world, with diverse product lines and huge revenues. Except one. Tesla (NASDAQ:TSLA). This company, which has the fifth largest market cap in the entire U.S. market, hasn’t even delivered 1 million
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Coinbase CEO Brian Armstrong announced today that the exchange was laying off 1,100 employees immediately. This reduces the company’s workforce by 18% not long after reaching more than 2,500. Key Takeaways Coinbase lays off 1,100 employees to cut expenses, citing economic conditions and the rate of growth over the last year. Coinbase grew more than
Dear Quentin, There’s been a property in our family going back decades. It was actually split into four equal parts among the original owners, who have now all passed away. So the kids of the owners have the rights to the property. They each have 25%. My grandma and her son (my uncle) were living
The Wall Street Journal analyzed the median pay at S&P 500 companies in 2021. It found that Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) paid out $295,884 in total compensation to its employees. That’s very good news for GOOG stock. How’s that, you might ask? Well, when you’ve got a tight employment market, the last thing you want to do
Take a look at some of the biggest movers in the premarket: Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $70 per share “take private” bid from Chairman Harold Hamm and his family. The company’s board will establish an independent committee to evaluate the
These six standout financial stocks are attractive to value investors as they sell below their book value and have other attractive valuation metrics. That means that their shareholders’ equity, the amount left over after deducting all liabilities from the assets, is greater than the stock market value of the companies. If we exclude intangible assets
These six dividend stocks are very attractive because they have yields of over 5%. But they are also good investments, as the companies earn more on a monthly yield basis than the dividends they pay out to shareholders. This latter point is very important. Often business development companies, which are a mix of a lender
Rivian (NASDAQ:RIVN) stock has a very long way to go before it’s worth buying and, at this point, it might be time to get out if you’re holding this embattled EV play. As part of the company’s annual meeting, CEO RJ Scaringe wrote a letter to shareholders. While generally positive in its tone, Scaringe emphasized that
Meta Inc. (META), owner of Facebook, the world’s largest social network, provides a digital social media platform enabling billions of users to connect with one another. While Facebook is best known as a site for friends and families to connect, it’s also used by political organizations, small businesses, and large corporations to reach a wide
U.S. stock index futures rose on Tuesday, a day after entering a bear market ahead of what’s expected to be one of the biggest Federal Reserve interest rate hikes in decades. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.07% rose 116 points, or 0.4%, to 30617. Futures on the S&P 500 ES00,
On today’s show, Preston Pysh talks with Bitcoin influencers and builders, Parker Lewis & Joe Kelly from Unchained Capital Management. They discuss Bitcoin security and borrowing. IN THIS EPISODE, YOU’LL LEARN: 0:00 – Intro 03:42 – Why Joe Kelly founded Unchained Capital Management 06:30 – Why are people willing to borrow at such high interest
American tech investors tossed Chinese tech stocks like Alibaba Group Holding (NYSE:BABA), JD.com (NASDAQ:JD), and Pinduoduo (NASDAQ:PDD) away months ago. I kept a few Alibaba shares, but their value is down by half. Today, American tech stocks are also in a bear market. Money-losing stocks doing important work like Cloudflare (NYSE:NET) are down by more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 7, 2022. Brendan McDermid | Reuters U.S. stock futures rose on Monday night after the S&P 500 dropped back into bear market territory ahead of the Federal Reserve’s two-day policy meeting this week. Dow Jones Industrial Average futures
During times of extreme volatility, even the most seasoned investors may struggle to pick safe stocks to buy for the long run. In such periods, it may be inspiring to review the stocks held by the Gates Foundation, which we will refer to as Bill Gates stocks. Established in 2000, the Bill & Melinda Gates
It was more of the same with U.S. stock markets in May, meaning that investors won’t be getting much reprieve from volatility in the near future. Virtually every U.S. stock index has more or less succumbed to bear markets. Hence, investors gravitate towards safe stocks that provide a hedge against troubling market conditions. You invariably
The Roth IRA has many benefits compared to the traditional IRA. Distributions from traditional IRAs, for example, are generally treated as ordinary income and may be subject to income tax. Distributions from traditional IRAs may also be subject to an early distribution penalty if the withdrawal occurs while the IRA owner is under the age
Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency lending platform. Bitcoin BTCUSD, -13.61% has slumped around 12% over the past 24 hours, last trading at levels not seen since late 2020 of around $24,228, with a low in that
Suffice it to say that Utah-headquartered Black Rifle Coffee (NYSE:BRCC) isn’t a run-of-the-mill coffee-shop chain. The company is ambitious and unique, with its focus on constitutionally protected freedoms. If you’re on board with the company’s vision and can handle some risk, then BRCC stock may be worth considering. Mainly, the risk comes from Black Rifle Coffee’s
Check out the companies making headlines before the bell: Coinbase (COIN) — Shares of the cryptocurrency exchange sank more than 14% amid the sharp pullback in the prices of bitcoin and other digital assets over the weekend. DocuSign (DOCU) — The software stock extended its losses from Friday in premarket trading, falling more than 5%.
How about those gas prices, huh? Source: Carsten Reisinger / Shutterstock.com Last week, the national average price of gasoline clocked in above $5 for the first time ever. That’s up almost 50% so far in 2022. And believe it or not, natural gas prices are getting hit even worse. They’re up almost 150% so far