It turns out investing in a vacuum can be a poor idea, even a really strong sounding one. But in today’s current market and as that relates to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), investors may have a less challenging time cleaning up as profitable buyers in GOOG stock. Shopify (NYSE:SHOP), Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) and Alphabet are
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U.S. stock futures lost ground as global growth fears weighed on sentiment and the dollar hit a 19-year high. What’s happening Dow Jones Industrial Average futures YM00, -0.45% fell 0.6% to 30,869 S&P 500 futures ES00, -0.48% lost 0.7% to 3,802 Nasdaq 100 futures NQ00, -0.60% slid 0.8% to 11,521 On Friday, the Dow Jones
Fifth generation (5G) wireless is exploding in terms of its adoption and growth around the world. According to market research firm Precedence Research, the global 5G market is forecast to reach $1.87 trillion by 2030 for a compound annual growth rate (CAGR) of 44.63% between this year and the start of the next decade. Because of
By Dominic Chopping STOCKHOLM–SAS AB said Tuesday that it has filed for chapter 11 bankruptcy protection in the U.S. as it seeks to push through its comprehensive financial restructuring to cut costs and raise capital under the supervision of the U.S. court system. Struggling with high debt and a lack of cash, SAS earlier this
Fed-up investors who dumped Alibaba Group (NYSE:BABA) stock in March will regret it. BABA stock bottomed at $73.28 in mid-March 2022. The following month, Premier Li Kequiang said it would pause its crackdown on the sector. The shift to promoting economic growth proved helpful to BABA stock. Shares are up by around 60% from the
Ray Dalio has hit out at political extremes in the U.S. that don’t respect a rules-based system, and warned that Russia is likely to be the “lesser loser” from the Ukraine war as the economic cost to the West causes NATO support to fracture. The founder of Bridgewater Associates, the world’s largest hedge fund with
Source: helloabc / Shutterstock.com A negative report recently came out, and it’s replete with allegations against Chinese electric vehicle (EV) maker Nio (NYSE:NIO). Consequently, traders should avoid NIO stock for now, or at least not add to any existing positions. In recent weeks, things had really been looking up for Nio shareholders. After making a 52-week low, in
A Las Vegas Burger King employee who has been with the company for 27 years without ever taking a day off went viral after his managers gave him a mediocre gift for his service — and now close to $300,000 has been raised for him. Kevin Ford, 54, has toiled as a cashier and cook
The last time I wrote about Snap (NYSE:SNAP) was in late May, just after it gave shareholders a lump of coal, warning that revenue and earnings would be lower than initially expected. SNAP stock lost 40% in five trading days on the news. My take on the warning was that its financials weren’t nearly as
It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than last year, they’ll fill up at gas stations where they are likely to be paying just a little less at
After surging higher in late May, shares in video-game retailer GameStop (NYSE:GME) are holding steady at just over $120 per share. GME stock remains seemingly unsinkable right now. With the long side holding with diamond hands, and the short-side possibly getting carried away with their big bets against it, the “meme stock saga” continues. Yet
Given today’s challenging markets and unprecedented economic circumstances, a midyear review of your investments and wealth plan takes on a heightened sense of urgency this year. Stock prices are down, interest rates are up, the pandemic is still lurking and inflation hovers at a four-decade high. Add the looming retirement for many boomers, as well
Investors are picky in the current environment. Spooked by rising inflation and interest rates, value stocks are getting the most attention. Therefore, despite some enticing elements, one cannot give a thumbs up to Hycroft Mining Holding Corporation (NASDAQ:HYMC) stock. The silver and gold miner gained notoriety when AMC Entertainment (NYSE:AMC) purchased a 22% stake in
Dear Quentin, I am very fortunate to have a steady career and a 401(k), and I have been able to put money aside for my children’s education. This was not always the case as I had several years of education and a six-figure debt that I accrued, and I have learned to be very cautious
Amazon (NASDAQ:AMZN) Chief Executive Officer (CEO) Andy Jassy sent an email to company employees on Jun. 21 acknowledging that two of its senior executives, who happen to be black, were leaving the company. If you’re considering buying AMZN stock, you might want to consider what these departures mean for Amazon’s future. While it’s easy to
Alphabet Inc.’s Google on Friday said it would delete its members’ location history whenever they visit an abortion clinic, domestic violence shelter, fertility center or other similarly-sensitive place. The change, expected to take effect in coming weeks, was announced in a blog post. “If our systems identify that someone has visited one of these places,
It’s the very end of the current earnings season, with only a couple of companies left to report financial results. With more than 99% of the companies listed in the S&P 500 index having reported their finances, the results for the January through March period have held up fairly well. However, pessimism is growing for
Many investors nowadays are bemoaning that their tried and true stock-market indicators have stopped working. For example: No one at the beginning of the year had a clue that the Dow Jones Industrial Average DJIA, -0.18% was about to turn in its worst first-half performance since 1962. Since then, many investing experts have predicted the
Investors who look at Carnival (NYSE:CCL) on price alone could be tempted to buy given current levels. Even before yesterday’s 14% plunge, the shares were already off nearly 52% year-to-date and an even greater 66% since their pandemic peak in early June 2021, the timing is undoubtedly attractive. For comparison, the Defiance Hotel, Airline, and
““At this moment we’re confronting a domestic threat that we have never faced before. And that is a former president who is attempting to unravel the foundations of our constitutional republic. And he is aided by Republican leaders and elected officials who made themselves willing hostages to this dangerous and irrational man.”” That was a