Looking back at the history of consumer technology, society evolved from compelling but cumbersome equipment to portable devices, which naturally necessitates a discussion about wearable technology stocks. Indeed, modern innovations translate to increasingly smaller, more convenient and ultimately smarter devices. Given the broader integration of consumer-focused devices, investors will want to position themselves accordingly. Per
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Radio and podcast giant Audacy Inc. filed for chapter 11 bankruptcy protection Sunday amid a cratering advertising market. Philadelphia-based Audacy AUDA, +5.50% announced a “comprehensive restructuring” Sunday, seeking to reduce about 80% of its $1.9 billion of debt, to roughly $350 million. “The perfect storm of sustained macroeconomic challenges over the past four years facing
Use weakness in some of the hottest green stocks as an opportunity. According to Grand View Research, the global renewable energy market’s value could reach $1.21 trillion due to a global shift towards low-carbon fuels and stricter environmental regulations. Rising interest rates weighed heavily on the industry in 2023, promises of lower rates could send
Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia — a move that comes amid weaker global oil prices and increased production by producers outside the Organization of the Petroleum Exporting Countries. In a notice, state producer Aramco said February prices for various grades of
The Dow Jones Industrial Average is up 3.64% over the past month, and technical indicators show that it could extend much further. If last year’s repeat of the ‘Majestic Seven’ leading the broader indices again happens this year, we could be in for a bit of a wild ride. Despite their stretched valuations, tech stocks
This article is reprinted by permission from NextAvenue.org. Scientists have known for decades that strength training is the best intervention for people over 50 to fight bone and muscle loss, increase longevity, prevent falls, boost metabolism, regulate blood sugar and maintain function. A groundbreaking new study in the British Journal of Sports Medicine also shows that regular exercise, such as
Last year was better for SoFi Technologies (NASDAQ:SOFI) stock than it should have been. Although the high-interest rate environment created by the Federal Reserve and the resumption of student loan payments caused revenue to triple last year, SoFi’s position remains precarious. The fintech’s stock surged 85% in 2023 due to record revenue and member growth.
Let’s face it: America has a drinking problem. As in too many of us consume way too much alcohol and pay the price in terms of our health, our careers and our relationships. And yet, I am skeptical about Dry January. By now, I’m sure you know all about this challenge of going alcohol-free during
Some growth stocks keep powering ahead. While not immune to market downturns, certain stocks seem to decline less and recover faster than other securities. These are often large technology companies with multiple business lines and catalysts to propel share prices upwards. For investors, these growth stocks can help to compound gains and grow a portfolio.
Are you hungry for change — in the most literal sense? The new year will likely see many shifts in what Americans eat and sip. It’s the inevitable out-with-the-old and in-with-the-new pattern that has come to define the dining and drinking scene. In fact, some of these trends were already rising to the fore in
It was terrific last year for the S&P 500, but looking at some of the worst-performing S&P 500 stocks is still worth it. The benchmark index jumped 24% and hit a new all-time high. That’s the textbook definition of a bull market. But we need some asterisks. It wasn’t a broad-based run higher. The popular index
Treasury yields turned little changed to slightly higher Friday afternoon as traders reassessed December’s robust official jobs data and a weaker-than-expected report from the Institute for Supply Management. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was little changed at 4.387% versus 4.382% on Thursday. The yield on the 10-year Treasury BX:TMUBMUSD10Y rose 3.5
Electric vehicle battery stock QuantumScape (NYSE:QS) soared more than 40% Thursday after one of the company’s big investors — German auto giant Volkswagen (OTCMKTS:VWAGY) — announced that QuantumScape’s solid-state lithium-metal battery passed a key endurance test. PowerCo, the battery subsidiary of VW, noted that the QuantumScape battery “achieved more than 1,000 charging cycles with still
Peloton Interactive Inc. shares surged Thursday after the connected-exercise platform announced an exclusive partnership with TikTok. The deal will create a dedicated Peloton hub on the video-based social network with custom Peloton content, the companies said in a joint statement. TikTok users will be able to access live Peloton classes, instructor series, celebrity collaborations and
Fidelity published an article on Nov. 28, 2023, wondering if it was time for investors to take the plunge and buy water stock. “It’s possible that our freshwater supply may diminish, threatened by climate change, contamination, and drought. In fact, water scarcity is expected to worsen as the global population continues to boom. By 2030,
Investors have such high hopes for popular weight-loss medications like Wegovy and Ozempic, the wonder drugs have sent shock waves through the stock market. Yet besides helping patients shed pounds, the meds have shaved billions in market valuation from companies that investors think will suffer as a result. This means obesity-related medical technology companies including
For those prioritizing long-term investments, the key is selecting stocks with a robust track record and resilience in unpredictable scenarios. In the vast landscape of investments dominated by tech unicorns and financial giants, three discreet millionaire-maker stocks stand out. These stocks, operating with resilience, innovation, and market finesse, quietly generate wealth. Also, they act as
Mark Zuckerberg cashed in on his company’s 2023 stock rally in a big way — selling nearly $428 million worth of shares in Meta Platforms Inc. over the final two months of the year. The Meta META, -0.53% co-founder and chief executive offloaded just under 1.8 million shares over the course of every trading day
Shares in “Magnificent Seven” component Apple (NASDAQ:AAPL) stock surged by nearly 54% during 2023. However, a growing number of stockholders have made an exit. After hitting a new all-time high in mid-December, AAPL pulled back slightly. The market has been using various developments and discussion about the company as an excuse to take profits. This
U.S. stock indexes were falling for a second straight session on Wednesday to extend the sell-off in high-flying technology stocks amid concerns the recent rally has come too far too fast. Investors were also awaiting the minutes from the Federal Reserve’s policy meeting in December. How are stock indexes trading The S&P 500 SPX dipped 30
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