Tattooed Chef (TTCF): Plant-based food company Tattooed Chef is expecting slower sales growth and significant operating costs. Weber (WEBR): Weber has been negatively affected by the volatility of broader markets and its disappointing performance. Canoo (GOEV): Reddit’s WallStreetBets community helped Canoo thrive after a dip in the share price. However, the short investors who got
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Shares of Chinese energy major CNOOC Ltd. surged in their Shanghai debut Thursday, making it the latest high-profile state-owned company to tap mainland investors. CNOOC shares opened at 12.96 yuan (US$2.02) against the offer price of CNY10.80. The shares then immediately rose to CNY15.55, taking increases to 44%, before an automatic halt was triggered. The
Though a relevant powerhouse, Nvidia (NVDA) stock is again suffering from macro headwinds NVDA stock is essentially back in early 2021, both benefitting and suffering from a paradigm shift This time, though, investors should be a bit more cautious Source: FP Creative / Shutterstock.com A popular and extremely relevant semiconductor firm, Nvidia (NASDAQ:NVDA) stock is
The real, or inflation-adjusted, yield on the 10-year Treasury note intermittently went above zero late Tuesday and early Wednesday for the first time since the pandemic began more than two years — which amounts to bad news for investors in speculative and risky assets. Those likely to get hurt the most are investors in initial
Carnival (CCL) might attract increased demand due to revenge traveling. In this manner, inflation provides an impetus to vacation but also a headwind. Speculators might try their luck, but conservative investors should be cautious. At the start of the coronavirus pandemic, Carnival (NYSE:CCL) became the posterchild for the devastation caused by the global health crisis,
CalPERS, the country’s largest state public pension fund, disclosed Tuesday that it intends to vote for a Berkshire Hathaway shareholder proposal that would replace Warren Buffett as chairman. The California Public Employees’ Retirement System revealed its position in a filing with the Securities and Exchange Commission, ahead of Berkshire’s annual shareholders meeting April 30. The
Alphabet (GOOG, GOOGL) has finally decided to spend some of its huge $140 billion cash and securities pile It has made a small $5.4 billion of Mandiant (MNDT), which is seen as complementary to the company’s operations It may now use its cash for more than just share repurchases, which used up 75% of its
Shares of ManpowerGroup Inc. charged higher Tuesday, after the staffing services company reported better-than-expected first-quarter earnings and provided an upbeat outlook, as the COVID-19 pandemic and war in Ukraine contributed to drive record demand for skilled labor. Manpower stock MAN, +7.00% ran up 6.5% in morning trading, which puts it on track for the biggest
PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
There are “real danger signs” for the Chinese economy, which could even stall out in the current quarter, a top China watcher said late Monday. China is facing difficulty, in part, because it can’t settle on a “coherent” COVID policy, and policymakers are wary of cutting interest rates, said Mary Lovely, who heads the China
No one likes getting gas, but recently, a trip to the gas station has been downright painful. With the average price of gasoline soaring above $4 per gallon, we’re shelling out $100-plus every time we visit the pump! The good news is that for patient investors, soaring gas prices could actually make you really rich.
One probable result of the Great Resignation is more stay-at-home moms and dads. And more folks without kids who stay at home too. Whether your stay-at-home status is temporary or permanent, you might not want to take a break from saving for retirement in a tax-favored way by making contributions to a traditional or Roth
Tesla (NASDAQ:TSLA) is making headlines on Thursday morning, but that’s mostly pertaining to its CEO Elon Musk. Musk has made a public offer to acquire Twitter (NYSE:TWTR) for $54.20 a share. That news has TSLA stock down nearly 4% on the day. That’s as investors weigh the potential implications of what that may mean for
U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports. Dow Jones Industrial Average futures YM00, -0.40% futures fell about 150 points, or 0.5%, while S&P 500 futures ES00, -0.63% sank 0.7% and Nasdaq-100 futures NQ00, -1.04% tumbled 1.1%. Futures for U.S. crude CLK22, +1.39%, meanwhile, rose to $108.16. The U.S. stock
Bank of America (BAC) is hoping an earnings win can turn a rough year around. Charles Schwab (SCHW) has used its innovation to fare better than most so far in 2022. Johnson & Johnson (JNJ) has outperformed in 2022, and an earnings beat could push it higher. Netflix (NFLX) needs to show stronger growth to keep investors happy.
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Americans of all ages are failing at financial literacy Those with decades more experience are only slightly more literate than those in their 20s Read More Stocks tanked
Ever since the Treasury yield curve inverted a few weeks back, everyone’s talking about a recession. Historically speaking, a yield curve inversion is an accurate harbinger of a recession. And now it seems everyone is prepping for a huge downturn in the U.S. economy. Source: Shutterstock Deutsch Bank (DB) is calling for a recession by
Hello, I’m 53 years old, a registered nurse and planning to retire at 58. I am married, my wife is two years older than I am and she plans to retire at 62. We have a good marriage and friendship. We have three grown up kids. I only have $300,000 in my 401(k), and not
Cenntro Electric Group (CENN) holds much more promise than its predecessor, Naked Brand. The company’s big investment in Europe is pricey, yet it could put Cenntro in an advantageous position. Investors should acknowledge the risks involved, but consider a long stock position in Cenntro anyway. Source: Cenntro Automotive It might seem like a fever dream
More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the latest omicron wave that led to a spike in COVID-19 cases over the winter now receding — more people are feeling comfortable shopping in