Snap’s (SNAP) ad-driven sales threat triggers wider sell-off and sets up three stocks to short. Meta Platforms (FB): Is troubled and holds downside risk and bearish opportunity. Twitter (TWTR): Looks like a compelling stock to short amid takeover in turmoil. Pinterest (PINS): The only ‘visual discovery’ in PINS is a weak stock chart bound for
What Are the Top US Imports? The United States imported a total of $3,387.7 billion in goods from abroad in 2021. That’s an increase of $182.4 billion from the previous year, according to the U.S. Bureau of Economic Analysis (BEA). In 2021, the U.S. goods and trade deficit increased 27%, or $182.4 billion, from just
Amazon, in the spotlight over working conditions and facing more than a dozen shareholder proposals, announced at its annual general meeting Wednesday that none of the resolutions passed. Many of the 14 resolutions on Amazon.com Inc.’s AMZN, +2.57% proxy were worker-related. Among them: examining worker health and safety disparities; a report on the company’s use
Nio (NIO) stock is poised for a 58% rally in the next few quarters from oversold levels. New vehicle models will boost delivery growth once supply chain headwinds are navigated. An aggressive international expansion plan is another catalyst for growth. Source: Sundry Photography / Shutterstock.com Nio (NYSE:NIO) stock has witnessed a sharp correction in the
A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines after hours. Nordstrom — Shares jumped 7% after the retailer surpassed earnings expectations and raised its full-year outlook. Nordstrom CEO Erik Nordstrom said the company has experienced a surge in demand from shoppers refreshing their closets for “long-awaited occasions.”
AMC Entertainment (AMC) stock might be widely regarded as just a meme stock, but it deserves better. The company’s financials are improving, and AMC Entertainment just acquired a company that could add significant value. Investors should start a small stock position in AMC Entertainment if they’re willing to accept the volatility. AMC Entertainment (NYSE:AMC) operates a
These six dividend stocks have higher than average yields and lower P/E multiples. These large-cap stocks have 20% better P/Es and dividend yields than the average of the S&P 500. Additionally, these stocks have positive earnings growth. JPMorgan (JPM) – This bank has a 3.41% dividend yield and a low 10.4x forward P/E. Earnings should
The level of uncertainty surrounding Elon Musk’s potential buyout of Twitter is intensifying. TWTR stock is getting hurt by all the drama and uncertainty, falling around 20% in the past month. What will happen to the social media company if Elon Musk’s takeover doesn’t happen remains a big mystery for the company. Source: shutterstock.com/khak Where
Foreign exchange (forex or FX) trading consists of buying and selling world currencies, and the marketplace is among the most liquid in the world. Forex trading is unique because individual investors can compete with large hedge funds and banks—they just need to set up the right account. There are three main types of trading accounts—standard,
The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census Bureau data released Tuesday. That was the slowest rate of sales since April 2020 following business closures in the wake of the earliest
Aterian (ATER) stock is hoping to transform the e-commerce led consumer products industry. The company’s operating results continue to be lackluster, however. A short squeeze is unlikely, and further stock dilution may be coming in the intermediate future. Source: Shutterstock Aterian (NASDAQ:ATER) presents itself as a tech-powered consumer products company. Aterian’s special differentiator is supposed
Traders on the floor of the NYSE, May 17, 2022. Source: NYSE U.S. stock futures rose on Tuesday night after the Nasdaq Composite dropped during the regular session, following a warning of slowing growth from social media company Snap that hurt the tech-heavy index. Dow Jones Industrial Average futures rose 111 points, or 0.4%. S&P
While the pain in the cryptocurrency sector is tough to swallow, a bear market would allow time to strategize on bargain cryptos to buy. Filecoin (FIL-USD): Featuring a decentralized cloud-based storage network, Filecoin is a prime example of the practical benefits of decentralization. Zcash (ZEC-USD): Focused on fast, convenient and anonymous transactions, Zcash is an
Highest-yielding dividend stocks like these typically offer a safe haven during market turbulence. Altria (MO): Tobacco products are more resilient to recessions and better insulated from inflationary pressures. Cardinal Health (CAH): Saw a 17% increase in its pharmaceutical segment revenue. Chevron (CVX): Offers a secure way to profit from rising oil and gas prices. Kimberly-Clark
Although the year has been kind to cannabis companies, HEXO (NASDAQ:HEXO) stock has remained a pariah. Shares of the cannabis producer are down 60% in the year thus far. And the bleeding is not going to stop if the latest news is any indication. It might not be clicking with the general public, but HEXO
The main purpose of equity valuation is to estimate a value for a firm or its security. A key assumption of any fundamental value technique is that the value of the security (in this case an equity or a stock) is driven by the fundamentals of the firm’s underlying business at the end of the
““What are we doing? Why are you here, if not to solve a problem as existential as this? ”” That was Connecticut Sen. Chris Murphy addressing the Senate on Tuesday afternoon, responding to reports that 14 children and a teacher were shot and killed in a Uvalde, Texas elementary school. Murphy was elected in 2012, just
Nutex Health (NUTX) is a small hospital and health care services company. The company recently completed a merger with Clinigence Holdings. Past financial results are not indicative of the business’ current prospects; wait for more data to come out. Source: Roman Zaiets / Shutterstock.com Nutex Health (NASDAQ:NUTX) is a Houston-based company. Clinigence Holdings used to
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Take a look at some of the biggest movers in the premarket: Electronic Arts (EA) – The video game maker’s shares rose 2.5% in the premarket after Puck News reported that the company was actively seeking a buyer or merger partner. EA has reportedly held talks with Walt Disney (DIS), Apple (AAPL) and Amazon (AMZN),