The economy is an enigma. Inflation is at a 40-year high, but the country added a whopping 528,000 jobs in July -- more than double the number predicted. Unemployment is extremely low at just 3.5%, and wages rose 5.2% year over year, offsetting some of the inflation effects. Are
Amazon announced a 20-for-1 stock split in March, marking the first time the commerce giant split its stock since 1999. Similarly, Shopify announced a 10-for-1 stock split in April, and Tesla received shareholder approval for a 3-for-1 stock split earlier this month. Some investo
A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers like Ford Motor Co or General Motors Co.
Amazon’s stock (NASDAQ: AMZN) has lost roughly 14% YTD as compared to the 13% drop in the S&P500 index over the same period. However, at its current price of $143, the stock is trading 15% below its fair value of $168 – Trefis’ estimate for Amazon&
Consumer stocks were ending mixed this afternoon, with the SPDR Consumer Staples Select Sector ETF (XLP) Monday slipping 0.2% and the SPDR Consumer Discretionary Select Sector ETF (XLY) up 0.4%, giving back more than half of its midday advance.
Research firm Grandview estimates the North American metaverse market at $15.1 billion in 2020 and forecasts a 39.4% compound annual growth rate through 2030 to $418.4 billion, a 26-fold increase in only 10 years as compared to the 30 times, 20-year growth of the broader internet
It may still be a few weeks before President Joe Biden signs it, but it looks like the Inflation Reduction Act is about to become reality. The legislation passed the Senate, and it now awaits review by the House of Representatives, likely by next week. But the main stumbling bl
Online retailers have not been popular investments since the worst of the pandemic, as physical retail has come back strongly with more people moving outdoors. Inflation is a top concern right now, and retail in general is not looking so good as a result.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $326.4 million dollar outflow -- that's a 2.1% decrease week over week (
The Nasdaq led U.S. stock indexes higher on Monday as a pullback in Treasury yields boosted megacap growth stocks after last week's blockbuster jobs data sparked a tech selloff on expectations of sharp rate hikes by the Federal Reserve.
Many investors carefully follow Warren Buffett's stock moves since his holding company, Berkshire Hathaway, has outperformed the S&P 500 over many years.
Amazon (NASDAQ: AMZN) recently reported its second-quarter financial results, and Amazon Web Services (AWS) and the company's e-commerce business again got most of the attention.
Economic concerns have led the S&P 500 index 13% lower year to date. And since the stock market is actually a market of stocks, some stocks have done much better and some have fared much worse.
U.S. stocks closed mostly lower on Friday in a volatile trading session as a stronger-than-expected jobs report reignited fears that the Fed would continue to aggressively increase interest rates in a bid to control rising inflation. The S&P and Nasdaq ended in negati
U.S. stock indexes were set to open higher on Monday after last week's blockbuster jobs data soothed some fears about an economic slowdown, but investors remained cautious as it also added to expectations of a hawkish Federal Reserve.
U.S. stock index futures rose on Monday after last week's blockbuster jobs data soothed some fears about an economic slowdown, but investors remained cautious as it also added to expectations of a hawkish Federal Reserve.
If you've ever stumbled into financial TikTok, you've likely come across all sorts of unsubstantiated investment advice (among the occasional informative video). These videos are usually conveniently preluded with "this is not financial advice" right before they give you some ter
Whether the stock market is near an all-time high or in a bear market, no one wants to pay more for a share of a company than it is worth. But that's easier said than done, given companies have varying growth rates and business strategies.
While "Robinhood (NASDAQ: HOOD) investors" burst onto the scene during the meme-stock frenzy that propelled names like Gamestop to astronomical heights, many of these investors seem to be refining their approach over time. When perusing the most popular stocks on Robinhood, one c