Snap (NYSE:SNAP) stock collapsed after its first-quarter earnings report. The share price is now down about 72% for 2022. Snap reported a net loss of $359 million, 22 cents per share fully diluted, on revenue of $1.06 billion, on April 21. The result sent shares down 43% in a single day. Snap was due to
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In a bear market, not all blue-chip stocks live up to their name. Investors need to identify the blue-chip stocks to avoid in their long-term portfolio. Otherwise, those stocks could lead to bigger losses as the selling pressure intensifies. Companies that misjudged the severity of inflation, and what customers wanted, and failed to lighten inventory
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Bill Gates is the fourth-richest man in the world—after Tesla’s Elon Musk (in first place), Amazon’s Jeff Bezos (in second place), and Bernard Arnault (in third place) who oversees 70 brands. Gates has an estimated net worth of $123 billion, as of mid-2022. Gates dropped out of Harvard University and became a technology entrepreneur after founding
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Nvidia (NASDAQ:NVDA) stock, the darling of 2021’s market, has lost 44% of its value in 2022. But it’s still not a cheap stock. At its June 23 price of $165/share, Nvidia’s market cap was $407 billion, on fiscal 2022 revenue of $27 billion. The price to earnings ratio was nearly 44. The dividend yields just
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On today’s episode I sit down with Jeff Snider. Jeff is the Head of Global Research at Alhambra Investments. He’s developed a working model for the global monetary system that is unlike anything else I’ve seen to date. The general thesis is that the Eurodollar system is working behind the scenes to soak up dollar
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Investors who are looking for stocks to buy and hold for two years should seek to purchase the shares of profitable companies. Such investors should also try to find names that are poised to exploit very strong trends over the next 24 months. Meanwhile, I continue to believe that many other commentators are significantly overstating
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HEXO (NASDAQ:HEXO), a company that produces, markets, and sells cannabis in Canada, has seen its shares decline 70% in 2022 to now trade at approximately 20 cents. How low can the shares go? In early January, they were trading at about 74 cents. The company has reported its third-quarter (Q3) 2022 results. Investors should analyze
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I was racking my brain for a subject to write about regarding FuboTV (NYSE:FUBO) and FUBO stock when it occurred to me that the company’s May 31 announcement of three executive appointments was a big deal. How so, you ask? Well, if you read InvestorPlace contributor Dana Blankenhorn’s recent piece about losing money betting on
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Bonds are loans to corporations, municipalities, or other entities. Investors loan their money to the entity and later receive interest on their principal. Bond exchange-traded funds (ETFs), unlike stock ETFs, are fixed-income funds that let investors earn income from interest payments. Many bond ETFs focus on municipal, corporate, government, and international debt, while others track
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Supply chain troubles and inflationary pressures have weighed down corporate bottom lines this year, resulting in widespread stock market sell-offs. The volatility is having a dizzying effect on investors with plenty of uncertainty in the market. Hence, one of the best ways to take advantage of the downturn is to invest in high-quality bets for
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Is Roku (NASDAQ:ROKU) going to be acquired? Not yet. But rumors persist that Netflix (NASDAQ:NFLX) is looking to buy the manufacturer of internet-connected television sets and other devices. When the rumors of a takeover first surfaced on June 8, ROKU stock jumped 10% as investors grew excited about the prospect of a Netflix/Roku combination. But
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