In this article BAC MRVL GFS KNX TFC Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock
In this article WYNN LVS NFLX BIIB MRK BKR Check out the companies making headlines before the bell: Baker Hughes (BKR) – The oilfield services company reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts had forecast. Revenue also fell below estimates, with Baker Hughes citing various challenges including component
Undoubtedly, one of the most remarkable phenomena that impacted the equities market following the coronavirus pandemic was the rise of the meme trader. Leveraging the psychology of the masses, everyday folks — often inspired by the people-versus-the-elites narrative — coordinated their efforts via social media, creating dramatic upside. Now, investors who missed the boat have
It’s safe to say the “meme stocks” phenomenon is fully in the rearview mirror. “Meme kings” like GameStop (NYSE:GME), BlackBerry (NYSE:BB) and AMC Entertainment (NYSE:AMC) have held onto a fair chunk of their “to the moon” gains. Secondary names, though? They’ve experienced the opposite, as most have tumbled to new lows. However, there may be
In this article WYNN ELV NFLX BKR BIIB LVS The Netflix logo is seen on their office in Hollywood, California. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. Netflix — Shares of the streaming company popped 7.4% a day after Netflix posted a smaller-than-expected subscriber loss in the recent quarter.
Mention retirement stocks and your mind probably goes to more conservative, relatively defensive equities. The tried and true method of seeking investments that withstand market cyclicality while steadily growing is a wise one. In other words, it isn’t one from which to deviate. And given the bear market we’re currently in, there are opportunities to
The appetite for meme stocks that swept Wall Street in early 2021 may have lost its steam but the phenomenon is still alive and kicking. The likes of AMC (NYSE:AMC) and GameStop (NYSE:GME) became the poster children for the meme phenomenon – one which was driven by retail investors. This social-media-driven buying was well supported
Given its volatile price swings, bitcoin might not be an ideal investment for retirement. Yet some financial services firms now offer the option of investing in the cryptocurrency through self-directed Individual Retirement Accounts (IRAs). Bitcoin IRA, one of the earliest providers in this space, claims to have processed $400 million in client retirement investments in
In this article TWTR AXP VZ SLB CLF SNAP HCA Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Card members registered record spending, driven by a rebound in travel and entertainment. Verizon
It is counterintuitive to buy stocks when the market is in turmoil and prices are sliding to new lows every few days. But this is exactly the time for investors to be wading into the market and looking for deals. The goal is always to buy low and sell high. Right now, prices for many
Although I don’t expect the economy as a whole to enter a recession, I do think that some sectors will be hit very hard by changes that the economy is undergoing. As a result, I think that there are definitely some blue-chip stocks to sell. Among the sectors likely to be hit hard are housing,
With the broad market correction and revision of growth estimates, there is a solid list of growth stocks trading at a discount. However, considering the factors of inflation and a potential recession, investors have been inclined to buy blue-chip stocks. Of course, I agree that it’s time to remain overweight on large-cap stocks that have
Click here for 7-free handpicked stocks: https://www.zacks.com/bull Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article MAT VZ STX SNAP AXP Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as
Source: Blue Planet Studio / Shutterstock [Editor’s note: “8 Reasons This Is the Start of a New Tech Bull Market” was previously published in June 2022. It has since been updated to include the most relevant information available.] Folks, welcome to the new bull market in tech stocks. I know that may sound crazy to
Investors are thirsting for income to compensate for declining stock values. Those of you with more than five years until retirement might be tempted to find the best high-yield retirement stocks to plump up your nest egg and call it a day. Of course, everyone’s version of what constitutes high yield is different. The current
The marijuana industry in the U.S. market is still waiting for legislation that will make the use of marijuana legal in the federal state. For now, most U.S. states have legalized the use of medical marijuana. The question to ask is whether it worth is waiting for this important decision as it is highly uncertain
It’s hard to go a day without seeing infamous billionaire and CEO, Elon Musk, in the news. On a whim he will often make statements that can not only move markets… but sometimes gets him in a little bit of trouble. Most recently, Musk is trying to get out of his bid to buy social
The life insurance market in the United States is both massive and highly competitive. Though bigger may not mean better, either for consumers or for investors, it does imply a degree of longevity and financial stability in the life insurance business. Life insurance is a policy or contract that guarantees the customer or the insured’s
Traders work on the floor of the New York Stock Exchange (NYSE) on June 10, 2022 in New York City. Spencer Platt | Getty Images There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s mid-week meeting. The two largest U.S. companies