Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession fears and tough year-over-year comparisons. The S&P 500 index SPX, +1.36% is now expected to report a year-over-year earnings decline in the fourth quarter, after
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A few years ago, when he was just past 65, Los Angeles Times columnist Steve Lopez was at a crossroads. Should he retire, after nearly 50 years as a journalist, or keep at it? To find the answer and help others struggling with a similar question, Lopez — a four-time Pulitzer Prize finalist — did
More than $16 billion is projected to be spent in total on the midterm elections, a new report by the nonpartisan OpenSecrets found. That figure includes $8.9 billion to federal candidates and political committees, and $7.8 billion to state-level candidates, committees and ballot measures. Spending at the federal level has already broken the previous record
November is here, and we are heading into one of the most divisive times facing our country. Everyone has a different opinion about it, family members can’t agree and some people are even losing sleep over it. It’s not the midterm elections we’re talking about. It’s time to “fall back” and turn our clocks back
Source: Shutterstock For the time being, Meta Materials (NASDAQ:MMAT) isn’t getting its due respect on Wall Street. The company has millions of dollars’ worth of purchase orders. Plus, its products have a wide variety of applications, meaning Meta Materials’ revenue should grow over time. As such, MMAT stock has the potential to go into the double
If you’re planning on buying a Christmas tree this year, start thinking about it now — and maybe put some money aside. Supply-chain disruptions and global inflation have affected the supply and prices of Christmas trees this year, both artificial and real ones, industry experts said. With inflation at a 40-year high and prices of
Tesla has been a clear leader in the space but has operated mainly without competition. However, in the past few years, we have seen multiple EV stocks emerge, which have the potential to perform better than the EV pioneer. In fact, John Murphy, a Bank of America analyst, had forecasted that Tesla’s EV market share
Pros Choice of sedan or hatchback styles Standard all-wheel drive Keen pricing & robust resale values Cons Weak engine Aging model What’s new? No significant changes this year The 2023 Subaru Impreza is a compact car available in sedan or hatchback form. Some people are just big Subaru fans anyway, but the factor that could sway the
Amid the most intriguing sectors within the broad innovation space, the top fintech stocks to buy bring much potential to the table. Unfortunately for this year, the segment failed to produce much in the way of positive results for stakeholders. Still, the devastating red ink in the space could offer upside opportunities for daring contrarians.
Companies that rate publicly traded stocks based on environmental, social and governance scores will come under heightened scrutiny if Republicans are able to take over Congress in the upcoming elections. Republican Sen. Pat Toomey of Pennsylvania announced Thursday that he has requested information from 12 companies about how they calculate ESG scores, and said that
Electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) is in the headlines once again, as a member of the U.S. House of Representatives recently bought shares of TSLA stock. However, this doesn’t necessarily mean that you have to follow this politician’s trade. After all, Tesla’s quarterly results weren’t spectacular. Furthermore, the company is facing a government investigation
Elon Musk plans to slash Twitter Inc.’s workforce by 50% as soon as Friday, according to a new report. Citing anonymous sources with knowledge of the matter, Bloomberg News reported late Wednesday that about 3,700 jobs could be eliminated, with affected workers being notified Friday. Also, Twitter’s work-from-anywhere policy would be rescinded, with most remaining
With social media-driven investments dominating headlines, it was no surprise that Reddit’s most popular meme stocks garnered tremendous interest in 2021. Unfortunately, circumstances have not panned out well. Primarily, the Federal Reserve may be to “blame,” if you will. Due to wild fluctuations in the M2 money stock, investor sentiment understandably slipped. Now, before we
Fed Chair Jerome Powell is learning on the job. He didn’t repeat the mistake he made in his July press conference, when he said some things that markets interpreted as signs that the Fed was wavering in its commitment to fighting inflation. The stock market SPX, -2.50% took the same interpretation from the statement released
Casino stocks have witnessed a steep drop amidst record inflation and recessionary fears this year. These headwinds are linked to lower consumer discretionary spending, resulting in massive sell-offs in all major casino and gaming equities. On the flip side, the sell-off has also created multiple opportunities to pick up casino stocks at multi-year lows. The
MSNBC Hillary Clinton: “The Republicans talk a good game, but they rarely do anything, other than try to take away your freedoms, undermine the quality of our life, make our political discourse violent instead of bringing people together. Why reward that behavior?”
So far, it hasn’t exactly been a chip-tastic year for Advanced Micro Devices (NASDAQ:AMD). However, there’s a major event taking place on Nov. 1, and you’ll want to mark your calendars. You could even prepare yourself for quick potential gains — and you’d be joining some famous firms if you take a long position in AMD
Gold prices ended higher Tuesday, recovering some of their recent losses, after posting a seventh straight monthly decline in October. Price action Gold for December delivery GC00, +0.57% GCZ22, +0.57% rose $9, or nearly 0.6%, to settle at $1,649.70 an ounce on Comex. The yellow metal suffered its seventh straight monthly fall in October based
From Lizzo to Ralphie to Harry Potter, HBO Max will be stuffed with familiar names in November. One of Max’s freshest comedies, “The Sex Lives of College Girls” (Nov. 17), returns for its second season, dropping two new episodes every week. Created by Mindy Kaling and Justin Noble (who also teamed on Netflix’s “Never Have
Are you ready to hold shares of an unloved company through a make-or-break event? If so, then you have an opportunity right now. That’s because neo-banking firm SoFi Technologies (NASDAQ:SOFI) is set to report its third-quarter earnings results on the morning of Nov. 1. Everybody and their uncle seems to be pessimistic on SOFI stock, and that’s