PayPal (NASDAQ: PYPL) investors have had a tough go the past five years, with the stock down more than 40% over that stretch (including a roughly 80% pullback from its highs). However, there are signs a turnaround is in the works.
Shares of DraftKings (NASDAQ: DKNG) were slightly down following better-than-expected earnings results for the first quarter. The sports betting company's revenue and adjusted operating profit beat the Street's consensus, and management expects more excellent results for the full
Walmart (NYSE: WMT) is one of the few big-box retailers that survived the rise of Amazon (NASDAQ: AMZN) and other e-commerce platforms over the past two decades. Instead of closing its stores to cut costs, Walmart stayed relevant by renovating its stores, matching Amazon's prices
An analyst at Mizuho recently welcomed Devon Energy's (NYSE: DVN) first-quarter earnings report by raising the stock's price target from $53 to $57 and maintaining a "buy" rating. Here's why the outlook appears positive for this oil and gas producer.
A fallen angel stock is a share of a company that is generally considered well run but that, for some reason, has experienced a material stock price decline. That's the fishing pond I like to be in since such stocks often offer historically high yields.
Many savvy technology investors and entrepreneurs agree: The AI revolution is the real deal, and will likely transform our lives in the years to come. But unlike other disruptive revolutions, this one should actually benefit many current incumbent technology giants. These powerfu
Cryptocurrency meme coins like Shiba Inu (CRYPTO: SHIB) do not have a reputation for being the type of investment that serious institutional investors at banks and hedge funds would be interested in. It's obvious that the tokens are too useless, too speculative, too volatile, too
Altria Group (NYSE: MO) is an incredible stock. Since 1990, shares have delivered a total return of 124,000%. The S&P 500, for comparison, delivered a total return of just 2,900% over that time period.
State Street is bullish on fixed income. It believes that institutions should take advantage of attractive yields and that macro conditions are improving, albeit in an uneven fashion. Investors can achieve their diversification, return, and income goals without compromising on cr
Shares of Pinterest (NYSE: PINS) were among the winners this week, as the image-based social media company posted better-than-expected results in its first-quarter earnings report.
(RTTNews) - ADTRAN Holdings Inc. (ADTN) expects to record a material non-cash goodwill impairment in the first quarter of 2024 on the carrying amount of goodwill solely allocated to the Network Solutions segment in an estimated amount of $293 million.
Once the king of the robotic vacuum space, iRobot (NASDAQ: IRBT) has seen an astonishing 80% drop in its stock value, heavily influenced by a failed acquisition by Amazon (NASDAQ: AMZN). This sharp decline is likely to discourage many shareholders, compelling them to reassess the
Tens of thousands of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investors flocked to Omaha this past week for the annual tradition of listening to Warren Buffett muse over the conglomerate's business, financial markets, and over 93 years of wisdom on life. But this year's mee
Lockheed Martin (NYSE: LMT) reported big earnings beats on both the top and bottom lines in its earnings report last week -- not that you would guess it from the stock price. The company beat sales predictions by 7.5% and earnings estimates by 10%, yet Lockheed stock ended the we
Use cases revolving around artificial intelligence (AI) are exploding. Every industry is seeking to leverage the technology in some fashion. While the rapid pace of innovation is exciting, it's worth noting that some AI applications will be more impactful than others.
Just one quarter after Meta Platforms announced its first-ever dividend payout, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) joined Meta, Microsoft, and Apple to become the fourth "Magnificent Seven" company to reward shareholders with a quarterly dividend. Nvidia technically pays on
Enphase Energy (NASDAQ: ENPH) remains under pressure and bogged down by an industrywide slowdown in the solar market. After a 50% decline in 2023, the stock is down over 18% in 2024, which is a particularly bad look relative to a strong performance in the S&P 500.