GameStop Corp.’s stock was falling 2.9% in extended trading Wednesday after the videogame retailer missed analysts’ revenue expectations with its fiscal third-quarter results, despite coming in better than anticipated on the bottom line. The original meme-stock darling reported a net loss of $3.1 million, or 1 cent a share, compared with a net loss of
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The year 2023 was not great for telecom companies or their hardware providers. After heavy spending in 2021 and 2022, many firms dialed back investments this year. On the consumer side, sales of smartphones dipped after last year’s record pace. Despite the dip, several 5G stocks have risen up and gained a ton of value.
Midsize SUVs hit a sweet spot in the market, with just the right amount of space for the people in your life and their gear without being cumbersome to drive and park, grossly inefficient, or exceedingly expensive. Whether you’re looking for a hybrid family SUV, a more premium option, or even something with burly V8
In one year’s time, the stock of AMC Entertainment (NYSE:AMC), which currently operates 950 movie theatres and is the market leader in the U.S., plunged from nearly $90 a share to $7, losing about 90% of its previous value. What battered AMC’s stock could be distilled into one phrase: Covid-19. Afraid of catching a deadly disease,
Toll Brothers Inc. late Tuesday reported shrinking quarterly profit and revenue, but the builder said it was “encouraged” by lower mortgage rates and that it has broadened its appeal to buyers. Toll Brothers TOL, earned $445.5 million, or $4.11 a share, in the fourth quarter, compared with $640.5 million, or $5.63 a share, in the
The revised growth figures for the third quarter underscore the strong American economy. It records a rapid annualized growth rate of 5.2 percent, the highest since 2014. In stands in stark contrast to the lackluster performance in the U.K. and Europe. President Biden’s 2022 Inflation Reduction Act largely accounts for the current strength of the
Quick facts about starter electric vehicles Vehicle price and range — the distance the car can travel on a single charge — are essential factors for teenage drivers. Electric car options for teens include the Tesla TSLA, -1.36% Model 3, Chevrolet Bolt EV, Nissan Leaf, and more. If an EV doesn’t suit your teenager’s needs, consider a hybrid or plug-in
There are good entertainment stocks, and then there are lousy entertainment stocks, such as AMC Entertainment (NYSE:AMC). The headline told the story. AMC Stock Falls After Disney’s Box Office Flop. Shares Are on Track for Their Worst Year Ever. I don’t know about you, but “ever” is long. As Barron’s pointed out, the movie business
U.S. stocks took a breather Monday, finishing slightly lower amid some tempering of enthusiasm over the potential for Federal Reserve interest-rate cuts after the Dow Jones Industrial Average and S&P 500 ended last week at 2023 highs. How did stocks trade? The Dow DJIA fell 41.06 points, or 0.1%, to close at 36,204.44, snapping a
The space age is here and it is here to stay. Our soils and sky are not enough for us and that is why we decided to go a little further and explore all that unknown that is waiting for us. There are several companies doing an incredible job and leveraging technology to achieve wonderful
Gold futures edged lower Monday after reaching an all-time high on Sunday night in electronic trade. Gold GC00, -0.18% was trading at $2,084,30 an ounce, having reached $2,152.30 overnight. Expectations the Fed will cut interest rates next year, as well as tension in the Middle East, have helped fuel the yellow metal. “This comes mostly
Meta Platforms (NASDAQ:META) stock has seen a more-than 170% this year. With a focus on social media profitability and AI integration, this stock has gained momentum. Consumers and investors responded positively to the company’s introduction of the Quest 3 VR headset, generative AI chatbots, and updated Ray-Ban smart glasses. The company reported strong results and
December is an odd month for streaming, with only a handful of new releases to look forward to. However, there are new episodes of quite a few very good shows that premiered in November, mostly on Hulu and Apple, and Netflix has its annual batch of Oscar hopefuls — making December a month to potentially
Investing in artificial intelligence stocks has produced impressive gains on a year-to-date basis. Indeed, C3.ai (NYSE:AI) is one such stock that’s produced outsized returns for investments this year. Accordingly, for many momentum investors, this is the stock to own. However, at some point, investors may question this sector’s growth trajectory or the valuations of companies benefiting from this trend.
Dear Quentin, My father lent my brother the funds to purchase a house in 2006. The loan was formal and registered in the county. The interest was 4%, and it was a 30-year loan for $300,000. It was bought as an investment property for my brother. It is in a very rural area. My parents
Reading Alphabet’s (NASDAQ:GOOG), financial reports can be laborious, but it’s critical for owning Alphabet stock for the long haul. GOOG stock is up 49%, this year but trails the rest of the Magnificent Seven. Fortunately, for shareholders, Alphabet continues to buy back its stock. Through the first nine months of 2023, it repurchased $46.16 billion
Dear Moneyist, I’m 35 and have been dating a man 20 years older than me; he is 55. I have a 5-year-old child. Things were going well until we started having conversations about the relationship being serious and possibly merging our assets. He shared his home with his ex-wife after being married for 20 years.
Can video game retailer GameStop (NYSE:GME) stage a huge comeback, and GME stock shake off its meme-stock reputation? It won’t be easy for GameStop to get Wall Street to take the company seriously. Prospective investors should be careful as an event is coming in December that could prove to be make-or-break for GameStop and its loyal shareholders. Don’t get the
Dear Dan, What if a husband is married but names someone other than his still living wife as beneficiary? Who gets the IRA, wife or beneficiary? – Ellie Hi Ellie, Keep in mind, I am not a lawyer and do not give legal advice. I write only of generalities here. I highly recommend you consult
Rivian Automotive (NASDAQ:RIVN) is not like other electric vehicle (EV) manufacturers. Not only is it focused on the consumer SUV market but also the commercial truck market. A partnership with Amazon (NASDAQ:AMZN) to deliver 10,000 electrified vans to the e-commerce giant has been a major selling point. Now Rivian plans to offer its commercial vans
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