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Worsening economic outlook is hitting social media stocks, with Meta slumping Growth in ad revenue for pure-play digital platforms will fall this year For some analysts, the current depressed value of...
For those who missed last week in the markets, these were the returns of the major stock indices (second column to the right):Source: Investing.com As we can see, U.S. indices returned between...
Shares of Pfizer are down over 12.5% since the start of 2022. Plan to spend cash generated from COVID-19 vaccine on M&As and share buybacks. Long-term investors may consider buying PFE stock at...
The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid on Friday after US consumer morale hit an all-time low, as measured by the...
St. Louis Fed chief James Bullard said last week that fears of a recession in the US are exaggerated, even as he continued to call for “front-loading” interest rate increases.Bullard, who...
Around the Father’s Day and Juneteenth holidays in the US this month, thousands of flights were canceled creating what some dubbed a ‘travel Armageddon,’ impacting millions of...
This week’s anticipated rebound in crude oil could be stalled by G7 plans to revive the Iran nuclear deal for a workaround to the Russian oil squeeze, a proposition that comes amid lingering...
Reports fiscal Q4 2022 results on Monday, June 27, after the close Revenue expectation: $12.09 billion EPS expectation: $1.07 The current economic environment doesn't seem conducive for sportswear...
Stocks on Wall Street rallied on Friday, with the benchmark S&P 500 scoring its biggest one-day gain—hitting 3,911.74, up 116.01 points, or 3.06%—since May 2020 as investors pared back...
Stocks rebounded last week, but 2022 first half was still worst since 1970 Trader sentiment will split between short-term hopefuls and long-term bears Investors will likely be split into two camps in...
Investors will get fresh guidance on the outlook for earnings from some of the largest US companies next week when they release their latest quarterly numbers amid speculations that higher interest...
Volatility has been the constant in the 2022 bear market. Wherever we go in the next 12-18 months, bargains are starting to emerge. Here are five stocks I think are positioned well for the years ahead...
American Express has sold off falling to a new 52-week low Amex shares are down 11.7% year-to-date and 29.3% below the record high AXP is a good value stock for the long-term investor amid ongoing...
This is supposed to be the summer that the oil bull gets to finally stick it to the bear. With demand back to pre-pandemic highs, a barrel is three times the July 2020 average of $40 and nearly...
Investors wishing to reallocate risk have been looking at bond exchange-traded funds (ETFs), which may hold corporate, municipal, Treasuries, or international bonds. In recent days, transactions in US...
The plunge in Netflix share price has erased $220 billion in market cap As the business dynamics change, investors question the size of the total addressable streaming market Wall Street analysts...
Copper is down 2% today, extending the sell-off to its second day with a two-day loss of 4.3%.However, losses are much deeper overall. The commodity has shed 15.1% since its June 2 high and is down...