Sometimes, businesses try things and fail. Investors can be utterly unforgiving of failures, though, and lately Seattle-based Zillow Group (NASDAQ:ZG) has been Wall Street’s whipping boy as ZG stock continues to sink to new short-term lows. Source: OpturaDesign / Shutterstock.com A couple of years ago, Zillow Group attempted to expand into the business of iBuying. This
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Cryptocurrency mining botnets are making millions for their creators by secretly infecting various devices across the globe. The botnets steal CPUs on infected machines to mine the coins, which can be worth tens of thousands of dollars apiece. In late January 2018, for example, the security firm TrendMicro reported that Alphabet Inc’s Google’s (GOOGL) DoubleClick ad
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Teladoc Health (NYSE:TDOC) is among the pandemic-driven high-fliers on a sustained downtrend. At the height of the lockdown, investors piled into companies that would thrive in a stay-at-home and work-at-home scenario. In one year’s time, shares of the virtual healthcare services company rocketed 175% to a high of $308, made in February 2021. Source: fizkes/ShutterStock.com
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With most investors focused on buying the stocks of profitable companies, the short-term outlook of FuboTV (NYSE:FUBO) stock is negative. Adding to the stock’s short-term issues, Netflix’s (NASDAQ:NFLX) disappointing fourth-quarter subscription gains and weak first-quarter guidance are making the Street pessimistic about streaming TV companies. Source: Tada Images / Shutterstock.com Meanwhile, likely to weigh on
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Down 15% year-to-date, now is a great time for investors to load-up on grocery retailer Costco (NASDAQ:COST) stock. Source: ARTYOORAN / Shutterstock.com The leading warehouse club’s stock has gotten pulled down with the broader market and is currently trading at around $477, which is just off its 52-week high of $571.49. Despite the current pullback,
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Buyers should cool off on cryptocurrency concerns and make some long-term investments instead, SkyBridge Capital’s Anthony Scaramucci told CNBC on Tuesday. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; others think it’s the worst thing to ever happen to civilization, Scaramucci said in a “Squawk Box” interview. “Everyone
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