Stock Market

Shopify (NYSE:SHOP) stock is down 52.76% as investors cool on the global e-commerce player. A sell-off in tech growth stocks and a temporary slowing in e-commerce hurt the stock. Shopify and other e-commerce companies in the space are facing tough year-on-year comparisons. Shopify soared during the latest pandemic that forced businesses to close up shop.
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JPMorgan Chase (JPM) — Largest U.S bank could take some hefty losses from exposure to Russia. BlackRock (BLK) — World’s largest asset manager, volatility may sap their earnings. Wells Fargo (WFC) — Major bank that’s still down this year but has been aggressively repurchasing its stock. Morgan Stanley (MS) — Has weathered the current volatility
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Shares of CrowdStrike (NASDAQ:CRWD) stock, a company that provides cloud-delivered cybersecurity products and services jumped 2% at the opening of stock market trading today when Nasdaq continues to decline with losses of more than 1% within the first trading hour. Why CRWD stock outperforms Nasdaq today? An article on Barron’s has mentioned an encouraging outlook
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Cloudflare (NYSE:NET) recently closed its acquisition of Area 1 Security, a California-based company whose cloud-native platform stops email threats by discovering and eliminating them before they cause damage to a company’s computer systems. The addition of Area 1 strengthens Cloudflare’s ability to provide a Zero Trust security platform. That adds value to NET stock. Cloudflare’s
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The cycling back into tech stocks has helped to send CrowdStrike (CRWD) stock higher over the past month. There has been another catalyst, related more to its business, that has been a driver as well. Despite concerns this rebound will fade, shares could continue to bounce back. Source: VDB Photos / Shutterstock.com As has been
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Coca-Cola (KO): The iconic beverage maker managed to grow its free cash flow by 30% in 2021. Intuitive Surgical (ISRG): Worldwide da Vinci procedures are increasing due to growth in general surgeries and overseas markets. Mastercard (MA): A reliable fintech stock with a 46% profit margin and 124% return on equity. Source: Shutterstock Wall Street has been
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FuboTV (FUBO) continues to strengthen its board and  management FUBO stock is down 80% since November  Investors have a tough decision in front of them Source: Lori Butcher/ShutterStock.com FuboTV (NYSE:FUBO) made a couple of announcements in March that show how serious it is about growing its revenues to $1 billion. In the meantime, FUBO stock
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The World Health Organization (WHO) has suspended Covid-19 vaccine Covaxin through United Nations supply agencies. The setback is yet another entry in the seemingly never-ending woes for U.S. biotech Ocugen (NASDAQ:OCGN), which hopes to commercialize Covaxin in North America and kick-start a bull run in OCGN stock. Source: Wirestock Creators / Shutterstock.com Following an emergency use
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Like most tech stocks, Roblox (RBLX) has bounced back in recent weeks. A recent analyst report makes the case why additional runway may be limited in the near-term. Even if you believe the market will once again reward it for putting growth over profitability, you likely have plenty of time to buy. Source: Michael Vi
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Shoals Technologies Group (SHLS) stock offers exposure to the solar industry, but in a different way than many other investments. The share price is far from its peak, but a Wall Street expert offers an encouraging outlook. Investors with strong appetites for risk should bulk up their renewables market holdings with shares of Shoals. Headquartered
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Digital World Acquisition (DWAC) stock has slumped in recent weeks. This is likely tied to the company’s disappointing launch of its Truth Social app. Until these problems are resolved, it’s hard to have any confidence in this company. It’s hard launching a new piece of software. There are always going to be glitches, delays, and unforeseen
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Spotify (SPOT) stock is resembling Netflix, and in 2022 that’s not good. In a world filled with podcasts, the company’s flywheel growth strategy is not a sure thing. Keep SPOT stock on your watchlist for now. Source: Kaspars Grinvalds / Shutterstock.com It’s lonely at the top. That’s how I look at the state of Spotify
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On paper, the narrative for Imperial Petroleum (IMPP) stock appears cynically positive. While crude oil is back in the spotlight, that’s also the problem. It might be good for a cautious bet for speculators. Source: Shutterstock Like the coronavirus pandemic, nobody in their right mind supported Russia’s dangerous decision to invade neighboring Ukraine — which
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Bears are justifiably betting against Opendoor Opendoor (OPEN) has a strong distribution model in real estate Expect continued customer growth Source: Tada Images / Shutterstock.com After the Nasdaq’s bubble popped slightly, speculators that followed online residential real estate are having second thoughts. Opendoor Technologies (NASDAQ:OPEN) is one of such firms trading at lows for the
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