Daily Trade

Twitter (TWTR) stock traders are, understandably, obsessing over whether the company will go from publicly held to private. However, informed investors shouldn’t bury the real headline, which concerns Twitter’s daily active usage increase. Thus, investors should consider holding their Twitter shares while they’re still publicly traded. Source: shutterstock.com/khak There are a lot of shortages in the
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Consumer stocks were hit hard on May 18 as disappointing earnings reports from Target Corp. and Walmart Inc. led to double-digit declines for many retailers. Market Snapshot: Dow skids 1,100 points and heads for worst day since June 2020 on stagflation fears, higher costs eroding profits Shares of Target TGT, -24.93% fell 25% after the
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Wall Street often overshoots, so investors should know these ETFs to avoid. ProShares UltraShort 20+ Year Treasury (TBT): The Fed’s hawkish rhetoric is not permanent. Energy Select Sector SPDR Fund (XLE): The theme is long in the tooth. Financial Select Sector SPDR Fund (XLF): Could be collateral damage in the war on inflation. Source: shutterstock.com/bangoland
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Tencent Holdings Ltd.’s revenue growth in the first quarter slowed to its weakest pace in nearly two decades, as China’s pandemic resurgence hit the Chinese social-media and videogame behemoth, which was already struggling with a yearlong regulatory crackdown. The world’s largest videogame developer said Wednesday that revenue edged 0.1% higher from a year earlier to
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SoFi Technologies (SOFI) is demonstrating leadership on analyst upgrade and 40% premium price target. Following mixed earnings release last week, investors are “over-discounting” a growth opportunity in SOFI stock. Shares of SOFI stock sets up nicely for buyers. Source: Michael Vi / Shutterstock Financial technology (fintech) firm SoFi Technologies (NASDAQ:SOFI) is bucking the market today.
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Nestlé said Tuesday that it is rushing shipments of baby formulas to the U.S. to assist with a nationwide shortage that began late last year due to supply-chain disruptions.  “We have significantly increased the amount of our infant formula available to consumers by ramping up production and accelerating general product availability to retailers and online,
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These five upcoming initial public offerings (IPOS) are among the most promising ones to watch. They will make headlines and offer volatile stock trading with elevated valuations and risk. Reddit: Is the communities’ network that was at the center of meme trading. Discord: Provides a platform for people to communicate via voice, video and text
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Hi, MarketWatchers. Don’t miss these top stories. Buffalo supermarket shooting made a ‘food desert’ in a Black neighborhood even worse Food deserts ‘exist for two reasons: economics and bias,’ an anti-hunger advocate said. Read More ‘Millions of families struggle to keep roofs over their heads’: Biden administration has a plan to tackle America’s housing shortage
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The entire EV market is getting a boost today. From Rivian (NASDAQ:RIVN) to Tesla (NASDAQ:TSLA) to Lucid (NASDAQ:LCID), risk-on sentiment finally appears to be taking hold this Friday. Among the major electric vehicle (EV) makers that are seeing impressive increases, Lucid is a leader. On Friday, LCID stock soared more than 16% around noon EST as investors returned to
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Warner Bros Discovery (NASDAQ:WBD), the new entertainment giant formed on April 8 from the combination of Discovery Inc. and WarnerMedia, is set to become the second-largest media player by revenue after Walt Disney (NYSE:DIS). Since the merger, WBD stock has dropped faster than the equity markets in general, losing more than 30% year-to-date, but it is rebounding
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