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Why Crypto Jumped (Temporarily) and Coinbase Crashed Today
This has been anything but a straightforward day for investors in cryptocurrency and related stocks. After the Federal Reserve announced a 75 basis point increase in interest rates yesterday the
Why Beyond Meat Stock Sank Today
Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) sank on Thursday following an analyst note that warns of the company losing a major customer, which will contribute to ongoing cash
Boohoo – Trading One Challenge For Another
- Boohoo Group PLC (LON:BOO)’s sales fell 8% in the three months to end of May
- All regions declined but Rest of World, with USA the worst performer
- Sales up 75% on a pre-pandemic basis
- Cost
Why Shares of Mastercard, Paypal, and StoneCo Are Falling Today
Shares of several large payments stocks took a hit Thursday as the broader stock market sold off following the Federal Reserve's interest rate hike and as investors grew more concerned about the
ASOS – Cost Of Living Crisis Takes A Bite Into Profits
ASOS plc (LON:ASC)’s sales in the third quarter rose 4% to £983.45m, excluding Russian operations and the impact of exchange rates. Growth in the US and UK offset declines in the EU and Rest of
These Are The Ten Biggest IoT Cryptocurrencies
The internet of things (IoT) is a booming market with many applications, including making homes and cities smarter. Although this segment has made significant advances in recent years, it has its
Why Shares of Alibaba, Nio, and New Oriental Education & Technology Group Are Falling Today
Several prominent Chinese stocks trading on U.S. exchanges fell today along with the broader markets, especially as China continues to grapple with concerns related to COVID-19.
Shares of the
Halfords – Profit Guidance Disappoints As Trouble Lies Ahead
Halfords Group plc (LON:HFD)’s full year revenue of £1.4bn was 6.0% higher than last year. Compared to pre-pandemic levels, that reflects growth of 19.9%, with like-for-like sales up 16.7%. Growth
Ripples Of Relief That Inflation Is Being Tackled By The Fed, As Investors Await Bank Of England Decision
- Wall Street higher on Fed’s 0.75% rate hike, amid rising inflation worries.
- Covid worries rise for the Chinese economy.
- Eyes on the Bank of England as policymakers are set to decide on interest
Why Tesla Stock Sold Off 7% Today
In the midst of a down market, shares of EV leader Tesla (NASDAQ: TSLA) tumbled more than most, falling 7.2% through noon ET on Thursday after Reuters reported that Tesla is once again raising
3 Things About Twitter That Smart Investors Know
Twitter (NYSE: TWTR) set ambitious growth targets during its analyst day presentation last February. The social media company claimed it could grow its monetizable daily active users (mDAUs) from
Why Meta, Amazon, and Apple Are Falling Today
Shares of Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), and Apple (NASDAQ: AAPL) were all plummeting this morning following the Federal Reserve's decision to raise the federal funds rate by
Bank Of England Announces 25bps Interest Rate Hike – Commentary
In light of today’s decision from the Bank of England to hike interest rates by 25bps, below are comments from Giles Coghlan (HYCM), Jatin Ondhia (Shojin) and Gemma Boothroyd (Freetrade) reacting
Why Teladoc Health Stock Slid Today
Teladoc Health (NYSE: TDOC) shares had fallen by 7.5% as of 12:01 p.m. Thursday due to widespread investor pessimism about growth stocks after the Federal Reserve's interest rate hike announcement
Why AMC Entertainment Is Tumbling Today
Shares of AMC Entertainment (NYSE: AMC) are tumbling 9.5% at 11:22 a.m. on Thursday after a couple of days running higher following a positive weekend box office report.
Although there was no
Activists Make Headway In Asia
- Number of companies publicly subjected to activist demands has increased 28% year-on-year, the second big consecutive increase.
- COVID-19 has had less impact on activism in Asia than other markets.
Why Ford Stock Hit the Brakes Today
Ford Motor (NYSE: F) stock slumped this morning and was down 6.6% as of 10:35 a.m. ET. Investors in the legacy automaker found not one but three reasons to be worried today, and it goes beyond the
Tax Refunds: A Time To Splurge Or A Time For Wise Financial Moves?
If you just received or are expecting a substantial tax refund, the temptation to indulge yourself with some extravagant purchases could be great.
But before you do, take a breath and think things
Why Cruise Stocks Sank Again on Thursday
Well, how was that for a U-turn? Yesterday, the Federal Reserve announced a 0.75% rise in its interest rate target, and the stock market turned green. Cruise stock investors joined in the cheering
Why Rivian, Lucid, and Nikola Tanked Today
Ramping up a young business during an economic downturn or recession is an uphill battle. That's even more true when the business in question is highly capital-intensive and operates in a sector
Why Pfizer, BioNTech, and Moderna Stocks Are Sinking Today
Shares of the top COVID-19 vaccine makers were sinking on Thursday. Pfizer (NYSE: PFE) stock was down 2% at 11:06 a.m. ET. Shares of Pfizer's partner, BioNTech (NASDAQ: BNTX), were down 6.1%
2 Growth Stocks to Buy and Hold Through Any Market Downturn
Growth stocks have borne the brunt of the market downturn in recent months. Given a performance that saw most of their values wiped out, many investors may understandably want to stay away from such
Jabil Inc. (JBL) Q3 2022 Earnings Call Transcript
2 Cheap Stocks to Buy Right Now
The stock market still faces various geopolitical and economic issues, including supply chain problems and interest rate hikes in the U.S. and elsewhere that may impact corporations' bottom lines
Not Buying It
S&P 500 recovered in the wake of soothing Powell conference but his words are being doubted. Inflation expectations aren‘t taking a dive on 75bp hike – catching this runaway horse now would be