While most sectors suffered significant pressure this year, the innovation space (including companies ranking among the top semiconductor stocks to buy) incurred disproportionate pain. At the same time, the crimson ink facilitates upside opportunities for contrarian speculators. Fundamentally, one of the biggest pain points for the top semiconductor stocks to buy centers on the global
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Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others reported, based on unnamed sources, that the top executives of Twitter TWTR, +0.66% were fired and escorted from the building, including Chief Executive Parag Agrawal,
It goes without saying that Tesla (NASDAQ:TSLA) is in a slump. As I anticipated, the company’s much-anticipated AI Day 2022 (held on Sept. 30) failed to give TSLA stock even a modicum of a boost. Instead, the latest developments with the electric vehicle maker have pushed shares lower lately. Shares have started to bounce back,
Gold futures settled lower on Thursday, after settling to their highest price in nearly two weeks in the previous session — when a pullback in the U.S. dollar gave bulls some breathing room. Price action Gold for December delivery GC00, -0.35% GCZ22, -0.35% was down $3.60, or 0.2%, to settle at $1,665.60 an ounce on
By Mauro Orru STMicroelectronics NV on Thursday posted a surge in profit and revenue for the third quarter as demand for its portfolio of chips remained strong. The European chip maker said net profit surged to $1.10 billion from $474 million in the third quarter last year. Net revenue climbed to $4.32 billion from $3.20
The prospects for cybersecurity stocks vary greatly. During the pandemic, few companies that provided cybersecurity services supported working from home. In 2020, pandemic-related lockdowns forced these firms to enable staff to work remotely five days a week. Thus, significant investment in secure back-end technology infrastructure and networks took place. When the pandemic eased, companies wanted
The 20-year-old investor who found fame this year when he made $110 million trading shares of troubled retailer Bed Bath & Beyond Inc. BBBY, -3.21%, has turned activist shareholder and is pushing for changes at psychedelics company Mind Medicine Inc. Jake Freeman, a student majoring in economics and mathematics at the University of Southern California,
As the midterm elections near, many Americans do not have financial peace of mind. It’s two weeks until the Nov. 8 midterm elections. The chances of the Republican Party taking back the House of Representatives and the Senate appear to be strengthening. Recession worries continue to cloud the horizon as the Federal Reserve raises interest
In order to succeed in the long run, California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) must find ways to stand out from the competition. It appears that Mullen might achieve this through a strategy of acquisitions. This year, Mullen Automotive’s acquisition targets include Bollinger Motors and Electric Last Mile Solutions (ELMS). Given the company’s
It took a while, but it’s finally happening — the number of for-sale listings on the market is rising, even during what is generally a slow season for the real-estate sector. Active inventory of homes has hit a new peak for the year, according to data from Altos Research. Inventory bottomed out at the beginning
UBS Group AG on Tuesday said its third-quarter profit and revenue beat expectations amid a challenging market, as higher interest rates partly offset the impact of lower client activity at its key wealth-management business. The Swiss bank UBS, +1.67% UBSG, +2.92% reported a quarterly net profit of $1.73 billion, above company-compiled consensus expectations of $1.53
Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
U.S. stocks moved higher on Monday, with all three major indexes poised to build on last week’s gains, as investors assessed weaker-than-expected economic data and the possibility that the Federal Reserve might pull back on aggressive rate increases by year-end. What’s happening The Dow Jones Industrial Average DJIA, +1.06% rose 305 points, or 1%, to
U.S. stock futures gave up strong early-session gains overnight after Wall Street notched its best week since June. After initially surging about 300 points, or 1% on Sunday evening, Dow Jones Industrial Average futures YM00, +0.07% were last about flat at midnight Eastern, while S&P 500 futures ES00, +0.13% and Nasdaq-100 futures NQ00, +0.25% similarly
Americans are putting a bow on their troubles, and wrapping up their cares and woes. In fact, they appear to be quite enthusiastic about the upcoming holiday season, despite stagnant wages, rising inflation and the ever-looming threat of recession, according to a survey by TransUnion TRU, +1.49%, the consumer credit-reporting agency, released Thursday. Indeed, shoppers
If you’re dreading the first of the month, you’re likely not alone. Rental costs for single-family homes were up 26% in August from the pre-pandemic prices of February 2020 — with the national median rent for a three-bedroom property jumping by $400 a month, according to Molly Boesel, principal economist for the housing-research firm CoreLogic.
Dylan Malitsky has been listing his Denver-area home on Airbnb Inc. since moving to Miami for work nearly a year ago. Things went extremely well in the beginning, he told MarketWatch — he got back-to-back-to-back bookings for weeks at a time. “I had zero experience in real estate,” Malitsky said. “I thought I was the
Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) looks like a sure winner over the coming years. That’s because Nio’s growth, in terms of EV deliveries as well as revenue generation, is indisputable. Additionally, Nio is mapping out a carefully planned venture into potentially lucrative European markets. For these reasons, NIO stock should prove to be a
Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, +2.29% on the property market, reveals how home sellers are adjusting to the new normal of 7% mortgage rates. The chart says that 7.9% of
[Editor’s note: “Buy Growth Stocks Before the ‘Everything Bubble’ Bursts” was previously published in May 2022. It has since been updated to include the most relevant information available.] I’m not Chicken Little. Far from it. I like to think of myself as a pretty optimistic thinker. But even as a person with a positive disposition,