People crowd outdoor seating at a restaurant as coronavirus disease (COVID-19) restrictions are eased in Ann Arbor, Michigan, U.S., April 4, 2021. Emily Elconin | Reuters A new book by Nobel Economics Prize winner Daniel Kahneman asks, why does everyone make such bad decisions and what can we do about it? Why do we all
Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 31, 2019. Brendan McDermid | Reuters Red-hot consumer inflation data for April spooked markets and raised concerns that
In this article VRM BMBL Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Check out the companies making headlines after the bell on
Take a look at some of the biggest movers in the premarket: Vroom (VRM) – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer’s revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Check out the companies making headlines in midday trading. Canada Goose — Shares of the retailer slid 6% despite beating analysts’ earnings expectations. Canada Goose reported earnings of 1 cent per share, compared to
In this article ABNB COIN DIS Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Disney — Disney shares slipped more than 3% after the company’s
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
A Wall Street sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Investors will see whether stocks carry their newfound momentum into the week ahead, as major retailers, including Walmart and Home Depot, report earnings and housing data dominates the calendar. The Federal
Take a look at some of the biggest movers in the premarket: AT&T (T), Discovery (DISCA) – AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both companies, and would create a new stronger streaming video challenger to the likes of Netflix
In this article TWNK TSLA T Hostess Twinkies Getty Images Check out the companies making headlines in midday trading. AT&T, Discovery — The pair of stocks were volatile on Monday after the company’s announced a $43 billion deal to merge Discovery and AT&T’s WarnerMedia unit. Discovery’s A shares popped at the open but were down
If you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company. The numbers, below, show how Microsoft MSFT, -1.31% stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike —
One of the stock market’s greatest success stories of the past decade is Shopify (NYSE:SHOP). The company was founded by three college buddies who were trying to create an online snowboarding business. But they quickly realized that the tools they had built to create that website were highly scalable and very valuable in helping other people
Paysafe (NYSE:PSFE), a London-based online payments company, and Foley Trasimene Acquisition II Corp, billionaire Bill Foley’s special purpose acquisition company (SPAC), completed their reverse merger in March. Since then, shares of PSFE stock have oscillated wildly. But this month, PSFE stock has fallen nearly 25%. Source: Sulastri Sulastri / Shutterstock.com This should not come as
Is it time to think about the fear trade again? That’s the question that many investors are undoubtedly pondering. Although the benchmark indices moved higher on the May 13 session, snapping a three-day losing streak, their technical posture doesn’t look particularly encouraging. Therefore, the idea of rolling over into consumer staples recently gained much traction.
The novel coronavirus pandemic accelerated certain technological trends, resulting in a decade’s worth of growth for the ecommerce sector. Tech and ecommerce giant Amazon (NASDAQ:AMZN) saw its profits increase by a whopping 200% during the pandemic. In addition, Jeff Bezos, Amazon’s eccentric founder, saw his wealth increase by a staggering $90.1 billion. With such a
Shares of Chinese electric vehicle (EV) giant Nio (NYSE: NIO) have slowed down considerably in the past three months. The correction in EV and Chinese stocks has impacted Nio stock, which shed 44% of its value in the past three months. However, its growth catalysts remain intact, and the recent dip is an excellent opportunity for
Nio (NYSE:NIO), the Chinese electric vehicle (EV) maker, posted lower growth than expected in the first quarter and reduced its outlook for Q2. As a result, I have lowered my expectations as well. I now believe that Nio stock is worth no more than $38.58. That’s 15.4% above its closing price on May 14. Source:
With the markets trading near all-time highs, it doesn’t seem like this bull run will be ending any time soon. Even the novel coronavirus pandemic could not slow down Wall Street, which is powering along despite enormous external pressures. However, there is still a chance that a stock market crash could be around the corner.
With the market in correction mode, investors have the opportunity to buy some of the biggest technology trends at more reasonable valuations. The recent ransomware attack on Colonial Pipeline has one recurrent investment theme back in the spotlight: cybersecurity. The $162 billion cybersecurity market is expected to grow at a compound annual growth rate (CAGR)