FuboTV (NYSE:FUBO) has been clobbered over the past year, falling 90% It’s possible shares are forming a bottom, but Q2 earnings present a potential downside catalyst New money should avoid FUBO stock, but current investors may want to hang on Source: Burdun Iliya / Shutterstock.com FuboTV (NYSE:FUBO) has plummeted 90% in the past year and
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Bitcoin and other cryptocurrencies tumbled on Sunday as losses for the asset class built over the weekend following U.S. data that showed persistent inflation pressures. Bitcoin BTCUSD, -4.03% dropped more than 3% to $27,429, with Ethereum falling more than 3% to $1,471, while sharper losses were seen for meme coins such as Dogecoin DOGEUSD, -8.55%,
Roku (NASDAQ:ROKU) stock remains far off of pandemic highs during which it soared to prices that approached the $500 mark. Today it trades under $95, setting up a buy-the-dip opportunity in the eyes of many. I hesitate to see the logic in taking that bet for the most part. For long-term investors patient enough to
Netflix, BlackRock CEOs Among Those Newly Sanctioned by Russia A handful of prominent American CEOs, including BlackRock’s Larry Fink and the bosses at Delta Air Lines, Netflix and Universal Pictures, have landed on a fresh list of sanctions Russia has imposed in retaliation for econo… Jun. 7, 2022 at 11:52 a.m. ET by Ann M.
When Carnival Corporation (NYSE:CCL) reported Q1 results, it seemed like there are multiple positives for CCL stock. Sustained growth in bookings and reduced cash burn are some factors worth mentioning. However, Carnival stock didn’t respond as anticipated. The stock has continued to trend lower and has corrected by 41% so far in 2022. Even after
The Biden administration will use funds from the infrastructure law to try to standardize for all users the 500,000 electric-vehicle charging stations the president has pledged, the White House announced Thursday. Without strong standards, chargers would be less reliable, may not work for all cars, or lack common payment methods, and they’ll be accessible no
Desperate times call for desperate measures. Indeed, yesterday, rumors broke that Netflix (NASDAQ:NFLX) may make a bid to acquire Roku (NASDAQ:ROKU). Ostensibly, a deal between the two makes no sense. Netflix is a streaming service provider. Roku is an aggregator platform of multiple streaming services. That’s not a synergistic match. But nonetheless, Roku stock popped
Dear Quentin, My father-in-law has health issues. While he is not quite ready for a nursing home, that may be a necessity in the near future. He has state retirement benefits and a very small Social Security check. My mother-in-law operated an at-home daycare service, caring for a couple of children. Therefore, she has no
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
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