Microsoft (NASDAQ:MSFT) has had a very eventful start to 2022. Less than three weeks into 2022 came the announcement of a blockbuster deal — its biggest ever. A week later, the company reported its second quarter of fiscal year 2022 earnings. In turn, the company topped analyst projections for both revenue and earnings. Meanwhile, PC sales
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A little-known activist investor is seeking to add several directors to Hasbro Inc.’s board and is urging the toy maker to make changes including a spinoff of its fast-growing unit housing games such as Dungeons & Dragons. Alta Fox Capital Management LLC, which has a 2.5% stake in Hasbro HAS, +0.61% worth roughly $325 million, has nominated five
The growing interest and awareness in cryptocurrencies has led to a rise in the demand of popular crypto-assets like Bitcoin (BTC-USD). The cryptocurrency industry is down along with the tech sector and the biggest U.S. cryptocurrency brokerage, Coinbase Global (NASDAQ:COIN) stock had to bear the brunt of the decline in the value of crypto assets. Source:
Google plans to adopt new privacy restrictions to curtail tracking across apps on Android smartphones, following Apple Inc. AAPL, -0.89% in putting restraints on an advertising industry that has covertly collected data across billions of mobile devices. Google’s plans for Android could hasten an end to more than a decade of advertising practices across smartphones in which
Nio (NYSE:NIO) stock has a few significant headwinds to fight off. At the same time, there are expectations that it should perform well when it releases earnings in March. Source: Sundry Photography / Shutterstock.com Let’s jump right into the positive first, and then the negative. That said, my intuition is that the negatives right now
Shares of Upstart Holdings Inc. surged in after-hours trading Tuesday after the financial-technology company easily topped expectations with its latest earnings and outlook while announcing a new share-repurchase program. Upstart UPST, +4.31%, which uses artificial intelligence to inform lending decisions, generated fourth-quarter revenue of $304.8 million, up from $86.7 million a year earlier, and ahead
My name is Luke Lango. One of America’s top tech futurists who earned the title of #1 stock picker in 2020 by TipRanks. Right now, we are on the cusp of a rare, seminal moment in the history of technology. The Electric Vehicle revolution is on the cusp of taking America by storm. Giving early
Americans love their jewelry, especially come Valentine’s Day. The National Retail Federation projected that jewelry purchases would reach $6.2 billion in connection with the holiday this year, up from $4.1 billion in 2021. But will those buyers bother to insure their purchases? Many fail to think about coverage for their rings, bracelets, brooches and other
Walmart (NYSE:WMT) has been a poor investment ever since Doug McMillon became CEO in early 2014. Since then, WMT stock has risen 81%, while the S&P 500 is up 147%. Source: Shutterstock Furthermore, since McMillon took the helm, the company has increased its quarterly dividend payout by just 7 cents to 55 cents per share,
Tesla Inc. Chief Executive Elon Musk donated more than 5 million Tesla shares in November, days after the U.N. World Food Program outlined a plan to potentially use a $6 billion donation from the world’s richest man. A filing with the Securities and Exchange Commission made public Monday showed the donation, but not the recipient.
I’ve long believed that the best way for long-term investors to get their start into the stock market is to buy index funds. It’s how I introduced my youngest son to investing. And one of my favorites is the SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Source: Eviart / Shutterstock.com SPY does a great job in
Kellogg Co. reported fourth-quarter earnings and sales that beat expectations despite a worker strike, a plant fire and broader shortages and disruptions impacting many consumer companies. Still, the cereal and snack company was downgraded to underweight from neutral at JPMorgan. Analysts cut their price target for Kellogg K, +0.96% to $57 from $64. “There’s still
Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
Just as tax season heats up, inflation data shows the economy still running hot. On Thursday morning, Consumer Price Index data from the Labor Department showed a 0.6% increase month over month on the January prices people paid for everyday goods. That’s a 7.5% increase year over year, topping Wall Street expectations. This pace of
Since the pandemic began two years ago, and General Motors (NYSE:GM) stock dumped its dividend, the stock is up by 42%. That’s better than the average S&P stock. Source: Katherine Welles / Shutterstock.com But it hasn’t been a smooth ride. At one point in 2020, GM stock traded at under $20/share. At the start of
Are you about ready to join the Great Resignation and become self-employed? Yes? OK, but you need to consider the tax implications, which may not be as rosy as you think. Here’s what you need to know to make a good decision. First and foremost, don’t buy the hype Becoming self-employed won’t allow you to
Coupang (NYSE:CPNG), one of the largest e-commerce companies in Asia, saw a rocky start to the year. CPNG stock dipped 22.3% per share to $22.85, because of a series of short-term disruptions that weighed on its profitability. More worryingly, since its initial public offering (IPO) in March 2021, Coupang lost over 50% of its market
Dear MarketWatch, I would like to find a liberal-thinking area to retire on $3,000 a month, rent included. Hiking, biking and gardening are priorities. Thanks, Ken Dear Ken, You seem wide open to where in the country you could retire, which makes finding an affordable and interesting spot easier. My first thought is underappreciated Midwestern
On the surface, the news that Amazon (NASDAQ:AMZN) is upping its maximum base pay for corporate and tech workers to $350,000 from $160,000 is a win for current and future employees. However, I’m not sure anyone holding AMZN stock should be sold on the move. Source: Frederic Legrand – COMEO / Shutterstock.com Here’s why I
Inflation and the Federal Reserve’s potential reaction to it have the stock market all shook up. But like early concerns that Elvis Presley and rock ‘n’ roll would ruin the country, these are just false fears. So stocks are a buy every time the market hits replay on this song. Thursday’s decline in the stock