Since last writing about it in early May, AMC Entertainment (NYSE:AMC) stock has performed largely how I expect it to perform. That is, AMC stock has continued to slide down in price. It may not be yet down to a level that’s in line with the movie theater chain’s underlying fundamentals. However, it’s on the
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The numbers: New U.S. jobless claims fell by 11,000 last week to 200,000, reflecting the lowest layoffs on record and the strongest labor market in decades. Economists polled by the Wall Street Journal forecast initial jobless claims to total 210,000 in the seven days ended May 28. The figures are seasonally adjusted. Applications for unemployment benefits
Zoom Video (NASDAQ:ZM) stock bounced higher after earnings beat estimates. It may have taken the rest of the tech sector with it. Zoom said it earned nearly $114 million and made 37 cents per share on revenue of $1.07 billion for the quarter ending in April, the first of its 2023 fiscal year. It projects
Pfizer Inc. and partner BioNTech SE asked U.S. health regulators to authorize three doses of their vaccine for children under 5 years. The request Wednesday to the Food and Drug Administration comes after the companies said last month that three doses of the shot were 80% effective at preventing symptomatic COVID-19 and generated a robust immune response in children ages 6 months
These six cheap stocks to buy are good bargains, with low valuations, good earnings growth, and dividend yields. In these times when investors are looking for bargains, these stocks are worth buying. The valuations of these stocks range from 4 times to about 11 times earnings on a forward year basis. This is significantly below
Gold and silver futures traded lower on Wednesday morning, headed for a second day in the red, as three sessions of rising Treasury yields helped dim some of the precious metals’ luster. Futures for the yellow metal GC00, -0.68% were off $15.60, or 0.8%, to $1,832, while silver SI00, -0.20% futures were off 10 cents,
Amazon (NASDAQ:AMZN) opened Amazon Style on May 25 in Los Angeles. It is the e-commerce giant’s first physical clothing store. That is excellent news for owners of AMZN stock. While Amazon Style at The Americana at Brand was first announced in January, the opening didn’t occur until last week. Amazon hopes to deliver an elevated
Atlanta Fed President Raphael Bostic, in an exclusive interview with MarketWatch, said his suggestion that the central bank take a September “pause” in its push to raise interest rates should not be construed in any way as a “Fed put,” or belief that the central bank would come to the rescue of markets. In a
Salesforce (CRM) is now selling for 2019 prices, despite being twice as large. The company took a double-hit as investments in other startups plunged in value. A reset in CRM stock now depends on whether its co-CEOs can find a better direction for the business. Source: Bjorn Bakstad / Shutterstock.com The Covid-19 pandemic took Salesforce (NYSE:CRM) and
Three months into Russian President Vladimir Putin’s invasion of Ukraine, the prospects for a decisive Kremlin victory have evaporated. Yet even amid Russia’s battlefield failures, the heroic Ukrainian resistance and abundant Western military aid, the tide has not completely turned. In April, we laid out four scenarios for how the outcome of the war could reshape the
Source: Ink Drop / Shutterstock.com Snap (NYSE:SNAP) stock recently crashed following its warning about the outlook for its business. The stock dropped more than 40% following this disclosure, extending its losses to 75% in total over the past 12 months. An investor could have paid $15 per share for SNAP stock in December 2017 and
Dear Quentin, Just before the pandemic I got into a bit of financial trouble, and my brother lent me $10,000. During the pandemic, we fell out and we have not been speaking for several months. We are now communicating through our sister. He now says he wants all the money back even though we had
I like watching what Cathie Wood does with her portfolios. And there are a few reasons why. So, for me, it’s interesting to see how she’s handling the downturn of Robinhood Markets (NASDAQ:HOOD) stock this year. Wood famously favors stocks that are disruptive innovators — companies that provide new ways to solve problems by way
Brent crude surged to levels not seen in two months on Monday, as easing COVID restrictions in China’s biggest cities drove fresh hopes for demand. U.S. markets will be closed on Monday in observance of Memorial Day. Read: Here are all the market closures for Memorial Day Price action West Texas Intermediate crude for July
Source: Shutterstock In the past year, Exela Technologies (NASDAQ:XELA) stock traded for as high as $5.45 a pop. That seems like a distant memory, as shares are changing hands for under half a dollar, at the time of writing. Volatile stocks are crashing as investors lose interest in growth stocks. Every company comes with its
Summer used to be a time for TV viewers to take some time off, let their brains recharge and wait for their favorites to return in the fall. But no more. While the start of summer does mean a merciful end to the glut of streaming programming over the past couple of months ahead of
Norwegian Cruise Lines (NCLH) is repositioning seven months of Asia cruises, but owners of Carnival (CCL) shouldn’t be worried. Asia remains a growth area in the cruise industry. CCL stock still provides an excellent risk/reward profile and opportunity. Source: Ruth Peterkin / Shutterstock.com As if cruise stocks needed another problem, Norwegian Cruise Lines (NYSE:NCLH) announced
Investors can always expect uncertainty. While volatile periods like the one we’re experiencing now can be intense, investors who learn to embrace uncertainty may often triumph in the long run. Reacting to down markets is a good way to derail progress made toward reaching your financial goals. Here are three lessons to keep in mind
Disney (DIS) missed revenue and earnings expectations in the recent quarter. Disney’s parks are opening and streaming services are expanding. DIS stock has more downside and investors should wait for it to hit rock bottom. Source: chrisdorney / Shutterstock Once a high-flying stock, The Walt Disney Company (NYSE:DIS) is being avoided by investors today. Nobody wants
Dear MarketWatch, I had always said I was going to retire when I was 50. I had worked and saved since I was 16. Retiring without Medicare and Social Security is a scary thing. I wound up retiring then going back to work. At 53, I took a part-time job with a decent salary for