I was racking my brain for a subject to write about regarding FuboTV (NYSE:FUBO) and FUBO stock when it occurred to me that the company’s May 31 announcement of three executive appointments was a big deal. How so, you ask? Well, if you read InvestorPlace contributor Dana Blankenhorn’s recent piece about losing money betting on
Daily Trade
One Tesla model topped another to rank as the most “American-made” vehicle for 2022 in this long-running index that judges contenders based a U.S.-based assembly line, major parts sourcing and other features. It’s Tesla’s TSLA, +10.68% Model Y earning the No. 1 ranking from Cars.com this year, the auto listing and news site announced Tuesday.
In a bear market, not all blue-chip stocks live up to their name. Investors need to identify the blue-chip stocks to avoid in their long-term portfolio. Otherwise, those stocks could lead to bigger losses as the selling pressure intensifies. Companies that misjudged the severity of inflation, and what customers wanted, and failed to lighten inventory
Bill and Dean Keyes and Chase and Saralee Squires separately say they have found the same retirement spot with perfect weather — temperatures in the upper 60s and low 70s year-round during the day and in the upper 40s at night during the winter (in this case, August and September). Their dream spot is Cuenca,
With “crypto winter” carrying on through the long, hot summer, shares in Coinbase (NASDAQ:COIN) have continued to plunge in price. With its latest slide to the low-$50s per share, COIN stock has lost nearly 80% of its value since January. At first glance, you may think shares are now a bargain. However, there’s a lot
The U.S. Supreme Court said Friday it had decided to overturn Roe v. Wade in a landmark decision that reverses a nearly 50-year-old precedent granting women the right to an abortion in all 50 states. The decision fell along ideological lines, with Republican-appointed judges voting to overturn Roe and the court’s three liberals dissenting. Up
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) makes about 80% of its revenue from advertising. But the company is facing forces that could disrupt its business model and hurt GOOG stock. Ongoing legislation in the U.S. and E.U. regulatory actions could prevent Google from benefiting from its “gatekeeper” status with online ads. For example, if you do a search for
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year. A deal with a group that includes Hellman & Friedman LLC and Permira could be struck
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock is well-positioned to be resilient in the face of slowing economic growth and the valuation of GOOG stock has become quite favorable. As a result, Alphabet’s shares are definitely a buy for many investors. And for those with a long-term time horizon, Alphabet continues to provide a means of exploiting the tremendous
U.S. stock index futures on Thursday pointed to a mixed start, with the hard-hit technology sector seeing some relief from the recent downturn in bond yields. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.14% fell 118 points, or 0.4%, to 30353. Futures on the S&P 500 ES00, +0.05% dropped 7.5 points, or
[embedded content] Welcome back to our weekly podcast – Hypergrowth Investing – where Aaron Davis and I chat it up about everything from electric vehicles and augmented reality to cryptos and the metaverse. In this week’s episode, we kick things off with a fire sale! Specifically, how Big Tech stocks are priced for an impending
Toshiba Corp. shares 6502, +4.84% gained on a report that bidders may offer up to 7,000 yen ($51.38) a share to take the Japanese conglomerate private. Shares rose as much as 6.5% to 5,858 yen in Thursday morning trade before paring gains to Y5,765. The stock was last up 4.5% at Y5,747. Reuters reported that
[Editor’s note: “Buying Opendoor Today Could Be Like Buying Amazon in 1997” was previously published in October 2021. It has since been updated to include the most relevant information available.] Anyone who follows me knows this: I’m super bullish on Opendoor (NASDAQ:OPEN) stock. Source: Tada Images / Shutterstock.com Indeed, buying Opendoor stock today could be
Recession worries were roaring back into the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -1.80% dropped 1.6%, to 3,707 Dow Jones Industrial Average futures YM00, -1.56% dropped
Today, I have chosen six high-quality stocks to buy for a recession. There is a high level of demand for their products and/or services and they may have other defensive values, such as a high and sustainable dividend yields. It is becoming more clear that this potential upcoming recession may not impact businesses as much
The Biden administration is moving forward on a plan to mandate the elimination of nearly all nicotine in cigarettes, a policy that would upend the $95 billion U.S. cigarette industry and, health officials say, prompt millions of people to quit smoking. The plan, unveiled Tuesday as part of the administration’s agenda of regulatory actions, likely wouldn’t
Based in New York, Teladoc Health (NYSE:TDOC) specializes in the niche market known as telemedicine or telehealth. Investors might feel optimistic overall about the telemedicine market, but there are too many company-specific problems going on to recommend TDOC stock. When the Covid-19 lockdowns occurred in 2020, Teladoc Health suddenly became a darling on Wall Street. The
Despite a flurry of macroeconomic pressures, Wall Street analysts still feel very bullish about the stocks they cover. That’s according to FactSet’s senior earnings analyst, John Butters, who noted that the number of buy ratings on stocks remains “unusually high,” despite broader-market concerns about inflation, interest rate hikes, the war in Ukraine, falling stock prices
Rivian (NASDAQ:RIVN) stock represents an upstart EV manufacturer with a lot of upside but also having a rough 2022. The company is young, so it remains too early to judge much with any certainty. But understanding its products and the goals it will need to achieve will allow contrarians to establish metrics by which they
Moving to Utah was a no-brainer for Leola Broussard. Broussard, who previously rented a home from a friend in the pricey Stanford-Palo Alto neighborhood, told MarketWatch of the prices there, “It’s just totally outrageous.” Over the last two years of the pandemic, many Americans like Broussard have flocked to Utah, seeking bigger living spaces and