Things are not looking good for Canadian e-commerce company Shopify (NYSE:SHOP) stock. A major casualty of the downturn in stocks that thrived during the global pandemic is that SHOP stock has fallen 75% this year, bringing its decline over the past six months to 76%. At its current price of $317.42 a share, Shopify’s stock
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Soaring inflation, high interest rates and geopolitical tensions continue to drag down the broader market, most particularly growth stocks. Last week’s U.S. inflation data further spooked investors as the Consumer Price Index rose 8.6% year-over-year in May, marking the highest increase since December 1981. Several financial technology (fintech) stocks, which benefited from pandemic tailwinds, are
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Blue-chip stocks offer exposure to the world’s biggest and most well-financed corporations. They are industry titans with a history of surviving recessions and weathering economic storms. But that doesn’t mean they’re immune to downturns. We’re witnessing one of the biggest thrashings on record, and it’s creating opportunities for those willing to look past the pain.
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Headquartered in San Francisco, installment-payment broker Affirm (NASDAQ:AFRM) is also considered a specialist in the “buy now, pay later” (BNPL) niche market. As this market becomes increasingly crowded – and a famous tech company enters into the space – AFRM stock should be monitored but not owned. There’s nothing wrong with rooting for a small
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There are several famous former traders who moved on to different careers, such as John Key (who served as the 38th Prime Minister of New Zealand) and Jimmy Wales (founder of Wikipedia). However, this list is made up of traders famous for being traders. The lives of the world’s most famous traders are colored by
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Take a look at some of the biggest movers in the premarket: Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $70 per share “take private” bid from Chairman Harold Hamm and his family. The company’s board will establish an independent committee to evaluate the
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These six dividend stocks are very attractive because they have yields of over 5%. But they are also good investments, as the companies earn more on a monthly yield basis than the dividends they pay out to shareholders. This latter point is very important. Often business development companies, which are a mix of a lender
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The Wall Street Journal analyzed the median pay at S&P 500 companies in 2021. It found that Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) paid out $295,884 in total compensation to its employees. That’s very good news for GOOG stock. How’s that, you might ask? Well, when you’ve got a tight employment market, the last thing you want to do
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