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Fintech stocks have had a miserable year. Just look at the year-to-date performance of the Global X FinTech ETF (NASDAQ:FINX). It’s down 50% compared with a 17% decline in the S&P 500. The silver lining here is that there are a number of cheap fintech stocks with excellent potential that investors can pick up at
It has been a bruising year for tech stocks. But not all tech securities are equal. Some have fared much better than others. The current market downturn has exposed many technology companies that have not been able to live up to the hype surrounding them. It has also brought far lower the shares of many
The Qatar World Cup, which is mired in controversy, kicked off Sunday with the host nation losing 2-0 to Ecuador after a glitzy opening ceremony that featured Morgan Freeman and K-Pop star Jung Kook. With the eyes of the world on Qatar, the opening ceremony at Al Bayt stadium in Al Khor was reminiscent of
The pandemic-fueled personal-computer boom has ended, so how will that affect demand and pricing for PCs and the retailers that sell them this holiday season? A sense of the fallout will be provided in the week ahead with results due from PC makers Dell Technologies Inc. DELL, +0.67% and HP Inc. HPQ, +0.17%, along with
For the first time ever, rich nations, including a top-polluting U.S., will pay for the climate-change damage inflicted upon poorer nations. These smaller economies are often the source of the fossil fuels CL00, -0.75%, minerals PICK, -0.20% and other raw materials behind the developed world’s modern conveniences and technologicial advancement, including many practices responsible for
The prospects for Rep. Kevin McCarthy’s tenure if he becomes Speaker of the House are grim, two outspoken lawmakers from both sides of the aisle said Sunday. In separate interviews Sunday, Rep. Adam Schiff, D-Calif., said McCarthy was a “weak leader” and predicted “chaos” among Republican leadership, while Rep. Adam Kinzinger, R-Ill., predicted McCarthy would
FTX owes its 50 largest creditors about $3.1 billion, the failed cryptocurrency exchange said in a bankruptcy court filing Saturday. The filing didn’t name the creditors, but it listed them as customers. Two creditors are each owed more than $200 million. FTX’s lawyers have said in all there could be more than one million creditors
Amazon’s Prime Video has a loaded lineup for the holidays, including the return of one of its biggest shows. That would be Season 3 of “Tom Clancy’s Jack Ryan” (Dec. 21), the the spy thriller starring John Krasinski, which is back after a three-year layoff. The new season sees Jack in a “Mission: Impossible”-type situation,
China’s central bank kept benchmark loan rates unchanged this month, amid continued downward pressure on the yuan and slowing economic growth. The one-year loan prime rate stood at 3.65% while the five-year rate was 4.3%, both unchanged from last month, the People’s Bank of China said in the statement Monday. The lack of a change
In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out, and will be replaced by his predecessor, Robert Iger. “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” board chair
In this article XRAY VMW LSCC Follow your favorite stocksCREATE FREE ACCOUNT VMware at the NYSE, Dec. 14, 2021. Source: NYSE The market is set to begin what should be a quiet holiday week, but key catalysts are on the horizon. The stock market is closed on Thursday for Thanksgiving Day, and it’s set to
With macroeconomic pressures weighing heavily on market sentiment, investors should play it (relatively) safe with utility stocks to buy. Fundamentally, these energy and resource service providers represent an indelible demand structure. No matter how advanced we become as a society, humans have basic needs that must be fulfilled. Moreover, utility stocks to buy essentially tie
Like many investors, I’m sure you’ll be more than happy to bid adieu to 2022, and to portfolio laggards. In fact, to help get you started, here are several growth stocks to sell. The end of the year is no time to be sentimental. Instead, it’s time to cut your losses and sell stocks that are
In this episode, Preston and Stig talk to renown author, mathematician, and investor, Dr. Edward Thorp. Thorp’s personal net worth is $800M, and he has achieved a 20% annual return for 30 years in the stock market. Before becoming one of the best hedge fund managers on the planet, Dr. Thorp literally wrote the book
In this video, what I would like to share with you five great things about trading vertical spreads. These are my insights and my reasons why I like to trade using Vertical Spreads. Check this out now and know if this is the right strategy for you! #stocktrading #options #optiontrading #verticalspread #optionsverticals #verticalscourse 🚀 🚀
Internet giant Yahoo (YHOO) recently announced it was moving forward with its spin-off to shareholders of its Alibaba (BABA) shares even though the IRS hasn’t yet given it a ruling on the tax implications. The spin-off is expected to be completed sometime in the fourth quarter of this year. Tracey Ryniec, David Bartosiak and Todd
In this article AAP CCL LOW TGT Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share. The retailer expects a drop in holiday season sales and
The stock market is on a long-term downtrend as interest rates rise and inflation remains high despite a slight cool-off. Many retirement portfolios that invest in indexes such as S&P500 are down at least 17% year-to-date. That is even more awful when you add inflation to the equation. Of course, no stock is immune to
Although it’s not a topic that everyone loves to hear, the concept of stocks to sell is a necessary one. Fundamentally, with fears of a global recession rising, investors need to start preparing for the worst. Of course, they can target recession-resistant market ideas as an active measure. But sometimes, you just need to cut