Amazon (NASDAQ:AMZN) has not had a great run lately. Unfortunately, FAANG has not been able to buck the market’s overall selloff. A few of the components are holding up okay, but Meta (NASDAQ:META), Netflix (NASDAQ:NFLX) and AMZN stock are all badly underperforming the Nasdaq. Unfortunately for Amazon, it’s not sitting in a good place. Inflation
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The United States Supreme Court may be looking to strike down Roe v. Wade, the landmark abortion ruling from 1973, according to a now-authenticated leaked draft majority opinion published on Politico. “Roe was egregiously wrong from the start,” Justice Samuel Alito wrote in the majority opinion draft. “We hold that Roe and Casey must be overruled,” he went on to
Most of us are familiar with the metaverse. Or, the “sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as noted by CNBC. Better yet, according to a McKinsey
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO, +4.71% gained 4.1% to US$24.77 while its Hong Kong stock 9866, +3.93% rose 4.3% to 196.60 Hong Kong dollars (US$25.05), both new highs. The two listings are
Nvidia (NASDAQ:NVDA) stock, the darling of 2021’s market, has lost 44% of its value in 2022. But it’s still not a cheap stock. At its June 23 price of $165/share, Nvidia’s market cap was $407 billion, on fiscal 2022 revenue of $27 billion. The price to earnings ratio was nearly 44. The dividend yields just
As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according
Is Roku (NASDAQ:ROKU) going to be acquired? Not yet. But rumors persist that Netflix (NASDAQ:NFLX) is looking to buy the manufacturer of internet-connected television sets and other devices. When the rumors of a takeover first surfaced on June 8, ROKU stock jumped 10% as investors grew excited about the prospect of a Netflix/Roku combination. But
Inflation is changing how and what people eat. More than half of consumers say they have changed their eating and drinking habits to manage the rising cost of living, according to a new survey by global intelligence company Morning Consult. Cutting back on trips to restaurants and bars is the most common change, accounting for
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
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