Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a wider-than-expected loss late Tuesday and a decline in volumes in the
Following Covid-19, investors were looking forward to a return to normal. Unfortunately, the Russian invasion of Ukraine transitioned once-cheap energy stocks into blisteringly hot opportunities. Still, a few discounted opportunities exist for bold contrarians. While demand for critical resources remains generally strong, macroeconomic pressures have finally started to weigh on households. Recently, the U.S. Bureau
This has not been a kind year for investors. In fact, the S&P 500 fell 21% in the first half of the year. Further, on June 13 the index officially fell into bear-market territory as it closed 20% below the highs it reached in January. That means investors should logically seek to buy stocks that
MBA vs. Master’s in Finance or Economics: An Overview For many individuals looking to advance their careers in business, earning a master of business administration (MBA) degree may seem like an obvious way to get ahead. But if you work in the world of finance or economics, getting a specialized degree might be a better
After four days of dramatic swings, 30-year mortgage rates dropped modestly Tuesday. Movement was mixed across other averages. Today’s National Mortgage Rate Averages The 30-year average moved six basis points lower Tuesday, after wildly seesawing the four previous days. The average had swung from 5.26% to 5.82% over that period, and now sits at 5.64%.
For U.S. crypto investors, Coinbase (NASDAQ:COIN) is often the top exchange of choice to buy and sell cryptos. Indeed, there are many reasons for this. Most often noted by investors is the platform’s ease of use, as well as its prominent token listings. That said, choosing the best Coinbase cryptos to buy in this market isn’t as easy
Charitable organizations survive primarily on donations, with the holiday season (and year-end tax deadline for charitable contributions deductions) making December the most active time for charitable giving. Charities have to get creative to stay afloat the other 11 months of the year. There are five main ways that charities make money and stretch their dollars:
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: The FED is short for the U.S. Federal Reserve. The mission of the FED is to care for the U.S. economy.
Rushing trades can destroy your account, especially if you’re making this mistake often. Example: -If a stock goes up and down several times and you’ve missed opportunities to sell when it peaked, you may get “ants in your pants” -This can cause you to buy before the stock begins to ascend again, and it may
Here is what investors need to know about Exchange Traded Notes (ETNs) before investing in them. JPMORGAN ALERIAN MLP INDEX ETN: https://www.zacks.com/funds/etf/AMJ/profile?cid=CS-YOUTUBE-FT-VID IPATH SP 500 VIX SHORT-TERM FUTURES ETN: https://www.zacks.com/funds/etf/VXX/profile?cid=CS-YOUTUBE-FT-VID IPATH SP GSCI CRUDE OIL TR INDEX: https://www.zacks.com/funds/etf/OIL/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
This article is excerpted from Tom Yeung’s Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here. Let’s face it. Finding 10x stocks is tough. For every Meta Platforms (NASDAQ:META) that claws its way from $18 to $180, another dozen look more
It’s been a tough week for chip stocks. On Monday, Nvidia had warned its revenues would be well below its guidance as gaming revenue slowed. Then Micron cut its current-quarter revenue and warned of negative free cash flow for the quarter as customer inventories pile up amid weakening demand for chips used in PCs and smartphones. Micron (MU) shares
Growth stocks have been crushed amid the bear market. However, the bear market began long before most investors realize. While the S&P 500 and other major indices didn’t suffer major corrections until January 2022, overrated growth stocks began their correction about a year earlier. It’s interesting, as there was a large divide in growth stocks.
In this article WYNN RBLX TWTR BZFD COIN WEN Check out the companies making headlines before the bell: Wendy’s (WEN) – Wendy’s shares fell 1% in premarket trading following a mixed quarter, which saw the restaurant chain report better-than-expected earnings while revenue fell short of Street forecasts. U.S. same-restaurant sales rose 2.3%, less than analysts
Along with the broad market correction, auto stocks have declined in 2022. The S&P 500 Automobile Manufacturers Sub Industry Index has corrected by more than 20% during this period. This correction presents a good opportunity to accumulate some undervalued auto stocks. The industry faces near-term headwinds that include inflation and a possible recession. Supply chain
With big names continuing to struggle, there are discount stocks to buy out there that may not stay this cheap for much longer. The stock market is rife with opportunity currently. That opportunity is a product of fear that continues to grip the markets. Remember, there are two sides to every story. So, rather than
Lucid Group (NASDAQ:LCID) stock hasn’t had a great week. The company recently released its second-quarter 2022 financial and operational results and investors weren’t thrilled. Lucid CEO Peter Rawlinson openly acknowledged issues related to logistics and supply chains. s a result of these challenges, Lucid has slashed its vehicle production goal in half. Traders started bailing and more share-price
Celsius Holdings (NASDAQ:CELH) stock is getting a whole lot of attention due to a recently-announced agreement with PepsiCo (NASDAQ:PEP). Reportedly, PepsiCo will be the preferred distribution partner globally for Celsius. Moreover, PepsiCo is making a $550 investment in preferred shares of Celsius. This, as you might imagine, adds up to an overwhelmingly bullish case in
The incredible healing properties of psychedelics are being discovered with every passing day. Their potential is massive and can flip the script for those struggling with mental health disorders. Moreover, the market opportunity is huge, which makes it imperative for investors to wager on the best psychedelic stocks. According to research firm factmr.com, the global
Key Takeaways Coinbase’s quarterly trading volume came in below analyst predictions. Trading volume is a prime driver of revenue for the company through transaction fees. It also signals the overall strength of the cryptocurrency market. The company’s loss per share was significantly wider than analysts had predicted. Source: Predictions based on analysts’ consensus from Visible Alpha