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Better Buy: Amazon vs. Apple

3 years 11 months ago
Many companies have watched their share prices fall significantly as rises in inflation and interest rates have increasingly stunted consumer spending. As a result, the stock market has become a buyer's paradise for investors willing to hold for the long term.

3 Stocks to Buy to Invest in Virtual Reality

3 years 11 months ago
Virtual reality (VR) has become one of the biggest buzz phrases in the tech world. According to Grand View Research, the VR market was valued at $21.83 billion in 2021, and it's expected to grow at a compound annual rate of 15% until at least 2030. As a result, some of the bigges

2 Top Bargain Stocks Ready for a Bull Run

3 years 11 months ago
"Recession" is suddenly a hot topic in the corporate executive suite. Of the 409 companies on the S&P 500 that have reported earnings so far this quarter, the R-word was discussed 165 times, according to data from market data provider Sentieo, a four-fold increase from last y

China, Hong Kong stocks fall as subdued data; midterm polls weigh

3 years 11 months ago
China and Hong Kong stocks closed lower on Wednesday, as producer prices' fall for the first time since December 2020 underscored faltering domestic demand amid COVID-19 curbs, with investors awaited U.S. inflation data and midterm poll results. ** China's blue-chip CSI 300 Index ended down 0.93%, while the Shanghai Composite Index slid 0.53%. ** Hong Kong's Hang Seng Index dropped 1.2% and the Hang Seng China Enterprises Index declined 1.21%. ** Asian shares were mixed on Wednesday, with eyes on U.S. midterm election results and a major inflation update due later in the week. [nNRAme5rly] ** China's October producer price index (PPI) fell 1.3% year-on-year from 0.9% gain a month earlier, official data showed, compared with a forecast of a 1.5% contraction in a Reuters poll. [nL1N325065] ** The consumer price index climbed 2.1% from a year earlier, slower than the 2.4% forecast by analysts. ** South-bound trading via Shanghai-Hong Kong Stock Connect saw HK$694 million ($88.41 million) of outflow after 24 days of consecutive inflows. ** Millions of residents of China's southern manufacturing hub of Guangzhou will be required to have COVID-19 tests on Wednesday, authorities said, in an effort to control the city's worst outbreak with infections topping 2,000 for two consecutive days. [nL1N3250KY] ** The self-regulatory body of China's interbank market said it will expand bond financing for private firms, including developers, with support from the central bank.[nB9N31O054] ** "We believe the private sector will benefit from this bond issuance program... However, the benefits are unlikely to be sufficient to resolve the financial woes faced by private enterprises, especially private developers," Nomura analysts wrote in a note. ** Internet stocks and the photovoltaic solar power sector, down 2% each, led declines among mainland A-shares. ** Goertek Inc tumbled 10%, hitting its daily trading limit, as the China-based supplier for companies including Apple said an unidentified overseas client suspended order. [nL1N3250AC] ** In Hong Kong, the Hang Seng Mainland Properties Index rose 4.3%, while Hang Seng Tech dropped 1.9%, dragging the broader market. ($1 = 7.8496 Hong Kong dollars) (Reporting by Summer Zhen; Editing by Rashmi Aich) ((summer.zhen@thomsonreuters.com; 852-3462-7739;)) nL1N3250QO

Is Qualcomm Stock a Buy Now?

3 years 11 months ago
Qualcomm's (NASDAQ: QCOM) stock tumbled nearly 8% during after-hours trading on Nov. 2 in response to its latest earnings report. For the fourth quarter of fiscal 2022, which ended on Sept. 25, the chipmaker's non-GAAP revenue rose 22% year-over-year to $11.39 billion, which beat

Can the PC Market Bounce Back From Its Recent Lows?

3 years 11 months ago
Global PC sales, which surged at the height of the pandemic, have once again started declining. Sales of PCs, which include laptops and tablets, saw an unexpected jump during the peak of the pandemic as millions worked remotely. However, demand appears to be declining onc

3 Top Tech Stocks to Buy in November

3 years 11 months ago
This has been a horrible year for technology stocks, as the 33% decline in the Nasdaq-100 indicates. But there are some names that have shown remarkable resilience despite the bear market.
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