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
Daily Trade
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
Tesla (NASDAQ:TSLA) stock is down roughly 38% year-to-date. With interest rate hikes set to continue and the economy seemingly on edge that would seem to imply Tesla share prices ought to fall further, right? I’m not so sure because I see multiple signs that indicate reason for optimism. Ticker Company Current Price TSLA Tesla, Inc.
Dear Quentin, My dilemma involves a small inheritance that I have recently received upon my mother’s passing. It’s about $130,000. I need advice about what to do with it. A little background: My husband has been very diligent about our retirement savings over the years, and although we might not be considered wealthy, we are
Source: Ringo Chiu / Shutterstock.com The last time I wrote about Mullen Automotive (NASDAQ:MULN) in May, I said MULN stock was barely trading over $1 for a reason. The California-based electric vehicle startup had just released a positive update about its ongoing battery testing. I warned investors not to take the bait. Since then, MULN stock is
A week after freezing withdrawals, embattled crypto lending platform Celsius Networks Ltd. said Sunday that that it will “take time” to stabilize its liquidity and operations. Last Sunday, Celsius, one of the largest crypto lending platforms, announced it was “pausing” withdrawals, swaps and transfers “due to extreme market conditions.” In a blog post Sunday, the
Costco (NASDAQ:COST) has been one of the best brick-and-mortar operators over the past two years. The retailer ran its stores impeccably during the pandemic. Amid a period of unprecedented supply chain disruption and labor force uncertainty, Costco has run a tight ship. This has allowed it to post an impressive string of double-digit top-line sales
Is bitcoin BTCUSD, +7.69% facing a breaking point? That’s what some investors, acolytes and otherwise, might be contemplating, as the cryptocurrency’s descent accelerates over the weekend. The world’s No. 1 digital asset was last trading at $18,654, down more than 70% from its peak of around $65,000, with the broader crypto market feeling to some
Inflation, interest rates and recession risk have knocked stocks lower again. Alongside stocks, the crypto and non-fungible token (NFT) markets have cratered, too. Yet this latest market meltdown has only had a moderate impact on GameStop (NYSE:GME) stock. What gives? The long side has seemingly regained the upper hand. They bid up the stock post-earnings,