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
A warning from Snap (SNAP) sent Meta Platforms (FB) stock down nearly 8%. It now sells for less than 14 times last year’s earnings. Failure to meet this quarter’s estimates could send it even lower. Source: Blue Planet Studio / Shutterstock.com Shares of Meta Platforms (NASDAQ:FB), formerly known as Facebook, dropped sharply after rival Snap
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
When interest rates are on the move, it’s always a good idea to start considering the best bank stocks to buy now. Bank of America (BAC): One of Warren Buffett’s favorite stocks. Citigroup (C): The Oracle of Omaha recently became a fan of this pick. East West Bancorp (EWBC): Got its start in 1973 by
These blue-chip stocks with dividends pay investors to wait for a rally by the stock market and tend to be quite resilient. IBM (IBM): Its business is solid and it has been reporting strong results. The TJX Companies (TJX): This retailer is benefiting from high inflation and its adept management of supply chains. NXP Semiconductors
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
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
Internal Revenue Service (IRS) Tax Form 8606, Nondeductible IRAs, has become increasingly important thanks to the popularity of Roth individual retirement accounts (Roth IRAs) and the rollover eligibility of after-tax assets from qualified plans offered by employers, such as a 401(k) or a 403(b). Basically, you must file Form 8606 for every year when you
In this article SNAP RBLX ANF A man photographs a banner for Snap Inc. on the facade of the New York Stock Exchange on the morning of the company’s IPO in New York City, March 2, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading Tuesday. Snap — Shares of
Daiwa Capital analyst Jairam Nathan cut his price target for Tesla (TSLA) shares on Monday. TSLA stock began to drop in pre-market trading and the slide is continuing on Tuesday with a new 2022 low close expected. The story doesn’t change for long-term growth investors — being able to buy Tesla stock at a steep discount
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
Upstart Holdings (UPST) saw a sharp “dead cat bounce” after it cratered following earnings. However, more bad news is bringing it back down. While it looks cheap on paper, its heavily discounted valuation appears justified. Source: Piotr Swat / Shutterstock If you own Upstart (NASDAQ:UPST), it goes without saying this has been a tough month
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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),
Looking for tech stocks to buy? These seven all offer enticing quality. Snowflake (SNOW): Customers still need a centralized data warehouse stored in the cloud. Teladoc Health (TDOC): Weak revenue from key products is temporary. Cloudflare (NET): Cloudflare’s CDN is growing faster than AWS or Azure did in its infancy. Coinbase Global (COIN): Coinbase is
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
DraftKings (DKNG) CEO Jason Robins caught flak for not buying more DKNG stock when it was trading so low. Investors look to insider buying as a sign of confidence in the company’s plan. Is Jason Robins doing enough to earn his CEO compensation? Source: Tada Images / Shutterstock.com A recent spat ensued on Twitter between
The S&P 500 finally did it. The major stock market index dropped into a bear market Friday – representing a peak-to-trough decline of more than 20% — after flirting with bear territory for about a week. But it was a short-lived stint. The S&P 500 spent all over two hours in bear market territory, before
Life insurance is a financial product that provides a lump sum cash payment, known as the death benefit when the insured passes away. Life insurance aims to mute any financial hardship that may arise from the lack of income the deceased will not earn any longer, plus any outstanding debts or obligations of the deceased’s