Alphabet GOOGL, GOOG) — Tech giant pouring funds into creating another growth unit. Meta (FB) — Leader in social media and owner of Oculus virtual reality (VR) platform. Nvidia (NVDA) — Powering all things technology and not missing out on the next growth opportunity. Roblox (RBLX) — Online gaming platform that will leverage metaverse for more
Daily Trade
On the heels of its milestone Academy Awards victory, Apple Inc. shares notched their longest winning streak in more than a decade Monday. Apple shares AAPL, +0.50% ended slightly in the black Monday, gaining 0.5%, for their 10th consecutive trading session of gains. The stock picked up its longest winning streak since October 2020, when
DWAC stock is up an impressive 36% this year. DWAC stock recently fell below its 50-day moving average, an important threshold. It’s good for cynical reasons but caution is also prudent. Source: Ink Drop / Shutterstock Although I’ve discussed the topic ad nauseum across multiple platforms, the overwhelming reality of special purpose acquisition companies —
Walmart Inc. is ending cigarette sales in some U.S. stores after years of debate within the retail company’s leadership ranks about the sale of tobacco products, according to people familiar with the matter. Cigarettes are being removed in various markets, including some stores in California, Florida, Arkansas and New Mexico, according to the people and
Opendoor Technologies (NASDAQ:OPEN) is going to have passionate advocates. The company will also have individuals who will never use the technology. But like many things in society, that leaves a wide group of individuals in the middle. And it’s that group that will decide the outlook for OPEN stock. Source: PREMIO STOCK/Shutterstock.com Opendoor’s revenue
Tesla Inc. will pause production at its Shanghai “Gigafactory” this week amid a COVID-19 lockdown in the city, according to a new report. Bloomberg News on Sunday reported Tesla’s facility will suspend production for at least one day, starting Monday. The report said it was unclear if the pause will extend for more days, and
Should investors follow Warren Buffett’s lead and acquire shares of Occidental Petroleum (NYSE:OXY)? After all, OXY stock has essentially doubled on a year-to-date (YTD) basis. Source: Pavel Kapysh / Shutterstock.com OXY stock started surging when news first broke that Buffett is buying billions worth of the company’s stock through his holding company, Berkshire Hathaway (NYSE:BRK-A).
Netflix has a slate of acclaimed series returning in April, along with some potential new hits. “Russian Doll” (April 20), which premiered way back in 2019, is back for a second season. Natasha Lyonne stars in the existential comedy/drama about a woman who was stuck in a time loop in Season 1. The mysterious teaser
You can read plenty of articles about how great it is to retire abroad. My husband and I are thankful every single day that we moved to Mexico five years ago. That said, moving abroad is a little scary and it’s not for everyone. I’ve met many people who love it and couldn’t imagine going
After Paysafe’s (NASDAQ:PSFE) fourth-quarter (Q4) results showed that its profitability is improving, while three of its key businesses are rebounding significantly, I remain upbeat on the long-term outlook of PSFE stock. Source: Sulastri Sulastri / Shutterstock.com On the other hand, I believe that there are two reasons to be cautious on the shares going forward.
In mid-March, I analyzed Shopify (NYSE:SHOP) stock in the midst of a horrendous down streak. Source: Beyond The Scene / Shutterstock.com Shopify had fallen more than 35% in roughly a month. It was down more than 60% for the year and analysts were diving for cover. I suggested that it was possible for SHOP stock
AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T T, +2.19% is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. DISCA, +0.85%, which executives
Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Slim pickings are on the earnings front over the next week. The fourth quarter numbers are largely in with 98% of the companies listed on the benchmark S&P 500 index having now reported. However, there are still a few notable companies left
Hi, MarketWatchers. Don’t miss these top stories. Plastic was found in human blood for the first time. Is this a public health risk? Evidence of microplastics in human blood requires study to understand health concerns. Production of the life-changing technology looks to quadruple by 2050. Read More The IRS sent thousands of third-round stimulus checks to
After a terrible plunge, OPEN stock finally looks interesting. However, the sustainability of the housing market is questionable. Ultimately, OPEN remains a speculative venture. Source: PREMIO STOCK/Shutterstock.com Opendoor Technologies (NASDAQ:OPEN) stock didn’t just print red ink this year, it has veritably hemorrhaged its valuation. Since the first session of 2022, OPEN stock has lost 40%.
Though gas prices have backed off their record-breaking high in recent days, it hasn’t been by much. The more that high prices at the pump stick around, the more that state and federal lawmakers are trying to find ways to ease drivers’ financial pain. They’ve floated two types of ideas so far: pauses on the
The price of Shopify (SHOP) has been cut in half since November It still sells at nearly 20 times revenue Are growth catalysts sufficient to keep the stock price high? Shopify (NASDAQ:SHOP) stock cost $1,690/share in November. It opens March 24 at $710. That’s a bargain, right? Not necessarily. Even at that price you’re paying
Ether reached its highest level since Feb. 17 on Thursday, over optimism around Ethereum’s upcoming major upgrade, which will reduce environmental costs of the blockchain and lower its transaction fees. Ether ETHUSD, +0.14% traded as high as $3,128.7 on Thursday, according to CoinDesk data. It was most recently trading at around $3,102, up 3.9% over
The business of the cruise operators has been facing several challenges since the onset of the Covid-19 pandemic in 2020. As a result, Carnival Corp (NYSE:CCL) stock has been volatile with a downward bias. Source: Kokoulina / Shutterstock.com The cruise industry was crawling back to normalcy as the impact of the Covid-19 pandemic started to dissipate.
U.S. stock futures bounced higher Thursday, as markets focus on a meeting of Western leaders set to impose further penalties on Russia for its invasion of Ukraine. Futures on the Dow Jones Industrial Average YM00, +0.33% rose 141 points, or 0.4%, to 34391 Futures on the S&P 500 ES00, +0.47% rose 0.6%, or 25 points,