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
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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
I’ve long argued that Quantumscape (NYSE:QS) stock remains the best choice equity investment in solid-state battery technology. That remains true. Investors have to understand that the ride will be bumpy and most do. As with any stock, fundamentals are of paramount importance. That’s where we’ll start in understanding QuantumScape. Fundamentally Fine One of the most
We are looking to retire in about three years. I will be 67 and my wife will be 62. We don’t want to have to shovel snow or worry about significant accumulation; but we do want to be out and about during the days and evenings year-round. We may rent, but if we decide to
Nvidia (NASDAQ:NVDA) reported stellar revenue growth on May 25 for the quarter ending May 1. Revenue came in at $8.29 billion, up 46% from a year ago, and up 8% from the fourth quarter (Q4) of 2021. This included record revenue from its Data Center and Gaming Divisions. Moreover, its earnings came in higher, as
Adam Neumann and the Future of Crypto WeWork’s infamous ex-CEO co-founded a darling of the Web3 scene, which has recently been tested by falling cryptocurrency prices. True believers think the real problem is existing securities regulations, not the logic that… Jun. 4, 2022 at 12:00 a.m. ET by Christopher Mims
B.I.G. Buy. Innovate. Grow. That’s the declared strategy of Pennsylvania-based Vinco Ventures Inc (NASDAQ:BBIG). Unfortunately for shareholders, “BIG” does not describe BBIG stock’s performance in 2022. There have been highlights including a mid-January run that saw shares spike 122% in less than a week. However, the overall trend has been down. In the most recent
Russia Faces Fierce Ukrainian Resistance in Key Eastern City Russia sent reinforcements to Severodonetsk, the site of fierce street fighting in recent days, as it pushed to capture the remainder of the strategically important city, Ukrainian officials said. Jun. 4, 2022 at 7:36 a.m. ET by Isabel Coles
The market is beginning to turn the corner after a very uninspiring performance in most of the first half. Logic dictates that the rebound will likely be led by beaten-down sectors and stocks. On that count, pharma and biotech stocks are ideal candidates for a stronger recovery, given their underperformance relative to the broader market
Dear MarketWatch, My parents are in their late 70s and early 80s. My siblings and I will be in our late 40s and 50s, and we are fortunate that we are able to relocate the whole extended family. I am planning my semiretirement in my early 50s and am looking for a place with favorable
I’ve reason to believe that the latest surge in the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) stock is premature as the S&P 500 is still overvalued. It seemed as though we were headed for a bear market, but the S&P 500 slammed the brakes just as we were about to touch a 20% drawdown. Many
The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain behind are being punished. That’s according to a new report from Yale Professor Jeffrey Sonnenfeld and his
Amazon (NASDAQ:AMZN) shares have made a nice rally of nearly 10% in the past five days, outperforming the Nasdaq, which gained nearly 2% for the same period. The news behind this rally is the upcoming 20-for-1 stock split that will alter the stock price. Investors are very excited for this. Is this excitement justified? Is
Elon Musk is giving his employees an ultimatum. Tesla’s TSLA, -2.44% chief executive officer and founder responded Thursday to an apparent leaked email that called on employees to return to the office: “They should pretend to work somewhere else” were his choice of words on Twitter TWTR, +0.45% in the early hours of Thursday morning. The