Tumbling yet again after a poorly-received earnings report, value investors are again arguing that Meta Platforms (NASDAQ:META) is severely undervalued, and a screaming buy at current prices. Sure, on the surface, META stock appears dirt cheap. After falling nearly 72.5% over the past year, shares in the tech giant, parent company of popular social media
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Shares of Marqeta Inc. were up about 6% in after-hours trading Wednesday after the company, which makes card-issuing technology, topped revenue expectations for its latest quarter and issued an upbeat forecast. The company reported a net loss of $53.2 million, or 10 cents a share, compared with a loss of $45.7 million, or 8 cents
Everybody on Wall Street despises microprocessor manufacturing giant Intel (NASDAQ:INTC), right? That’s actually an unfounded assumption, as some big-money investors are holding large quantities of INTC stock. Maybe they know a good value when they see it, or perhaps they’re bullish on Intel as the chipmaker lays the groundwork for significant cost reductions. If you’ve been
Guy Thompson, a retired shipfitter and engineer at naval ship builder Bath Iron Works in Maine, takes his two standard poodles, Jessy and Esther, everywhere. When he lost two wives to cancer, the dogs kept him company. “They took the curse off losing a second wife in a row to cancer,” said Thompson, 72. “I’ve
Semiconductor makers enjoyed strong demand trends earlier in the pandemic due to the spike in sales of laptops and other gadgets amid work-from-home mandates, higher sales of gaming consoles and the rapid digitization of enterprises. However, demand in certain key markets, like personal computers (PCs), has slowed in recent months. Macro challenges and the growing
Sweetgreen Inc. shares fell in the extended session Tuesday after the locally sourced restaurant chain missed Wall Street expectations for the quarter, and warned that revenue will be at or slightly below the low end of its forecast Sweetgreen SG, +0.87% shares dropped as much as 10% after hours, according to FactSet data, following a
A collaboration with Amazon (NASDAQ:AMZN) should rescue any company from its financial problems, right? Not necessarily, as Blue Apron (NYSE:APRN) sealed a deal with the e-commerce behemoth but hasn’t returned much value to its shareholders. Furthermore, despite its short-squeeze potential, some big-money traders seemingly expect APRN stock to continue on its downward trajectory. Headquartered in
The price of bitcoin fell below $20,000 for the first time in nearly four weeks on Tuesday, with Ether also under pressure as a token linked to crypto exchange FTX tumbled below a crucial level. Bitcoin BTCUSD, -4.82% was off nearly 5% over the last 24 hours to $19,739, headed for the lowest closing price
As I discussed in my last article on Cassava Sciences (NASDAQ:SAVA), controversy continues to weigh on the performance of SAVA stock. Over the past week, shares in the clinical-stage biotech firm have traded wildly. First pushed lower by a perceived potential bombshell, shares then zoomed higher, as the company took an aggressive step in fighting
Some investors are concerned that tensions between major crypto exchanges Binance and FTX could weigh on the digital asset market, which has already suffered from price mayhem this year. Binance is the world’s largest crypto exchange by 24-hour trading volume, while FTX ranks the 3rd, according to Coinranking. On Sunday, Binance’s founder Changpeng Zhao, often
If you’re looking for a stock to double within a year, then Microsoft (NASDAQ:MSFT) stock isn’t the right choice. However, the shares are likely to be twice their current price five years from now. Believe it or not, Microsoft’s cloud business could be the company’s main growth driver, even though that’s the segment that disappointed investors
U.S. stock futures rose even as short-term Treasury yields hovered near their highest since 2007 after last week’s Fed rate hike, a relatively robust jobs report and ahead of important inflation data. How are stock index futures trading S&P 500 futures ES00, +0.49% rose 10 points, or 0.3%, to 3,789 Dow futures YM00, +0.49% added
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
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