These six tech stocks are what insiders are buying now. That indicates they are very positive about the long-term prospects of the company. In addition, a number of these companies have recently instituted or upped their share buyback programs. These are both strong indications that insiders, including the board — who would have made the
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The numbers: The University of Michigan’s gauge of consumer sentiment fell sharply to a record low reading of 50.2, down from a May reading of 58.4. Economists polled by the Wall Street Journal had expected an June reading of 59. The level is comparable to the low point reached in the middle of the 1980 recession,
These stocks signal a potential rise in prices. There is unusual call option activity in their shares, often associated with an upcoming higher price. This is a very simplistic and rough tool. A more accurate indication of value would be a fundamental analysis of the company’s finances. One example would be a falling inventory line
The House committee probing the Jan. 6, 2021 attack on the U.S. Capitol kicked off a prime-time hearing Thursday with searing charges against Donald Trump, painting a portrait of the former president at the center of a conspiracy to overturn the 2020 election. Trump, charged Rep. Bennie Thompson, the Mississippi Democrat who leads the Jan.
Once a problem confined to just one continent, Monkeypox is spreading and threatens to become a global issue. Since the United Kingdom first reported a confirmed Monkeypox case on May 7, many more cases have been reported in countries where the virus hasn’t been originally known to be present. Nearly 800 cases have been detected
Vanguard has just dropped its annual blockbuster survey of all the millions of retirement plans it manages, called How America Saves, and it’s pretty astonishing reading — as usual. Bottom line: The average reported balance is dismal. Ignore the headlines, which say the “average” American worker has a 401(k) balance of $142,000. This is merely
Since late 2021, California-based electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) has lost favor on Wall Street. Yet, a reduced share price is an opportunity to own a stake in a fast-growing EV startup. Lucid’s cars are known to be sleek, luxurious and powerful. Plus, they’re fast charging and have a comparatively long range per charge.
Music-streaming platform Spotify Technology SA expects its podcasting unit to become profitable within the next couple of years, and its overall business to generate $100 billion in annual revenue within the next decade. “I believe our future is a lot bigger,” Chief Executive Daniel Ek said Wednesday, speaking at the company’s investor day. That would
Headquartered in San Francisco, Calif., neo-banking leader SoFi Technologies (NASDAQ:SOFI) is an unapologetic disruptor in the banking market. For folks who don’t mind taking on some risk, SOFI stock offers dramatic potential upside from its currently heavily discounted price. When SoFi Technologies went public on June 1, 2021, there was no shortage of hope and hype. Millennials
What’s Ahead as Supreme Court Nears Session’s End Significant opinions are due on the fate of Roe v. Wade, as well as gun rights, business law, church and state, immigration and other matters. Jun. 7, 2022 at 6:30 a.m. ET
We have chosen six stocks that have price-to-earnings (P/E) significantly lower than 1ox that investors must not overlook now. The reason is that low P/E stocks, especially those at extremes, often tend to have a rebound in the stock price. One metric that we looked for in this list is those that have low forward
If you want to visit what one survey is calling the best bar this side of the Atlantic, you’ll need to book a trip to New York City. Attaboy, a Manhattan drinking spot described as an “intimate speakeasy,” has been named the top watering hole in the inaugural North America’s 50 Best Bars survey. The
Monday was largely about trading upbeat stock splits news on Wall Street. But in a market made up of stocks, SoFi Technologies’ (NASDAQ:SOFI) SOFI stock continues to be an ignored opportunity for investors to watch for a good buy-in point. At long last, the first of a few influential stock splits have commenced with Amazon’s
Gupta Brothers Arrested in Dubai, Offering Relief for South Africa’s Embattled President Dubai police arrested two brothers at the center of a sprawling government graft scandal in South Africa, offering some relief to that country’s embattled president, Cyril Ramaphosa, and his sputtering anticorruption drive. Jun. 7, 2022 at 8:33 a.m. ET by Gabriele Steinhauser
Tesla (NASDAQ:TSLA) has been on a roll over the past week, with TSLA stock gaining 16% through May 31. The electric vehicle (EV) maker’s fanatical retail investors are a big reason for the gains. According to Bloomberg, retail investors bought more Tesla stock in May than in any month since August 2020. As of May
BuzzFeed Shares Drop 41% in Wake of Investor Lockup Expiration The stock move, which occurred after a ban preventing executives and major institutional investors from selling shares was lifted, marked the media company’s worst one-day percentage drop in its short trading history. Jun. 6, 2022 at 7:06 p.m. ET by Patience Haggin
These six consumer brand companies make the best buy and hold stocks to hold during an upcoming recession. This is due to their long-term value and quality earnings. As a result, investors in these stocks have a good chance of limiting the damage to their portfolios due to a recession. Moreover, once the market turns
Starbucks Is Seeking Fresh Blood in CEO Search Starbucks’s interim CEO Howard Schultz, back for his third stint at the coffee giant, said it needs fresh blood and a “different type of leader,” and is focusing on external candidates. Jun. 6, 2022 at 12:01 a.m. ET by Heather Haddon
GameStop (NYSE:GME) stock is once again proving its detractors wrong. I’ve certainly been among those detractors. And I’ve been proven inaccurate in judging GameStop’s trajectory. Once its run seems to have reached an end, it surges back to life. Its volatility is unpredictable. That’s positive news for retail investors as the company once again springs
Barron’s AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks to Watch This Week CPI inflation data is out on Friday. Plus, earnings and investor days from Pfizer, Vail ResoResorts, AMD, DocuSign, NIO, Campbell Soup, and more. Jun. 5, 2022 at 4:35 p.m. ET by Barron’s