Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines in Thursday premarket trading. Meta — Shares of the Facebook parent soared more than 16% in premarket trading after the tech
Laws today protect borrowers from discriminatory lending practices, but that wasn’t always the case. For decades U.S. banks denied mortgages to Black families—and those belonging to other racial and ethnic minority groups—who lived in certain areas “redlined” by a federal government agency called the Home Owners’ Loan Corporation (HOLC). Key Takeaways Lending discrimination occurs when
If the backdrop of electric vehicle (EV) focused shell company Gores Guggenheim (NASDAQ:GGPI) only featured soaring gasoline prices with all other factors being normal (as in pre-pandemic normal), then GGPI stock may very well be a buy. Who wouldn’t want to make the transition to EVs, especially in car crazy California, where the average per-gallon
Value investing has suddenly become in vogue amidst the current turmoil in the markets. Investors have been dumping high-growth stocks in droves. Even long-time favorites have seen declines of 10% or more. It is in this environment that AT&T’s (NYSE:T) stock starts to look attractive. For the longest time, I have considered T stock to
Not surprisingly, AMC Entertainment (NYSE:AMC) stock is on another losing streak. And even if the company’s next earnings report shows some improvement, I’m staying away from this struggling movie theater stock. AMC stock is down more than 45% just in the last month, falling close to $15 per share. That’s still better than where it
In this article BRK.A Warren Buffett on Saturday said Berkshire Hathaway has been increasing its stake in Activision Blizzard in a merger arbitrage play, betting that Microsoft’s proposed acquisition of the video game company will close. Berkshire now owns about 9.5% of Activision shares, Buffett said at the company’s annual shareholder meeting. “Occasionally I’ll see
In this article AAPL AMZN HOOD Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in premarket trading Friday. Apple —
Home Depot (NYSE:HD) has been dominating the market for years. It’s a company to own both when the market is up and when it is down. With more than 2,300 stores across the United States, Mexico and Canada, there is no stopping Home Depot, and investors looking to strengthen their portfolios should consider HD stock.
Zacks has created two proven stock rating systems that provide valuable insights into the future profitability of a stock. Discover the differences between them to determine how they can best help you achieve your financial goals.
After the market closed on April 26, Quantumscape (NYSE:QS) reported its results for the March quarter. QS stock has been up since then, but it should be noted that tech stocks overall rallied on April 28. Not only that, on the day of earnings, tech stocks were down big for the day. In short, it’s
Energy stocks are a great investment to protect your portfolio against rising inflation and equity market dips. Enbridge (ENB): The solid fundamentals and the strong cash flow stream provide support for this leading North American energy stock. Dominion Energy (D): This utility stock has high profit margins and robust growth. Duke Energy (DUK): After improving renewable energy generation
Canopy Growth Corporation (NASDAQ:CGC) stock is losing luster on Wall Street due to its inability to deliver profits over the last two years. CGC stock momentarily zoomed on the hope of full legalization of cannabis in the U.S. However, the timing of it being completely legalized remains uncertain. CGC management has high expectations for the
In this article VRSN AMZN MHK ABBV CL TSLA A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Amazon — Shares of the e-commerce company slumped 13% after issuing
These dividend stocks will very likely keep their payouts at the same or higher levels, given their history and cash flows. AT&T (T): The company clearly has the ability to fund its $1.11 dividend payout now that it has spun off Warner Bros Discovery (WBD). The stock yields 5.7%. Exxon Mobil (XOM): This company refused to
Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. The mentality associated with an active trading strategy differs from the long-term, buy-and-hold strategy found among passive or indexed investors. Active traders believe that short-term movements and capturing the market
WeWork (NYSE:WE) stock is down more than 2.51% today at $7.07 per share. The global co-working leader underperformed the market on the day and dipped 24.27% on the year, despite strong co-working demand. The company’s weak financials and high debt should continue to weigh on the stock in the near term as investors continue to dump
Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has been under pressure lately, and earnings didn’t help. GOOGL stock had its fifth straight week, down around 4% in the week ending April 29. However, a dip like this should attract buyers, not scare them away. After going through the earnings report, there are many positives. The company grew revenue 23%
After multiple neurology experts harshly criticized Cassava Sciences’ (NASDAQ:SAVA) main thesis and the integrity of its data, I strongly recommend investors refrain from owning any shares of SAVA stock. In my many years of writing about pharmaceutical companies, I’ve never seen multiple experts criticize a drug maker so harshly. These professionals’ tremendous skepticism towards Cassava
In this article HOOD Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam. Shares of the company were down more than 11% in after hours trading, hitting all-time lows.
Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images Investors will be looking for a reprieve after the worst month for stocks in more than two years, but the calendar may not get too friendly from here. Rising interest