Victor Dergunov runs The Financial Prophet. Cooling inflation and how macro picture is affecting earnings...
Continue ReadingA broader market rally doesn't mean we're headed for a soft landing, says one strategist. He believes the markets are overbought and due for a correction...
Continue ReadingThese index funds provide heavy exposure to Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta Platforms...
Continue ReadingThree that look cheap and could be considered to purchase right now are Amazon (NASDAQ: AMZN), Match Group (NASDAQ: MTCH), and DocuSign (NASDAQ: DOCU). For most of its public life, Amazon has been called overvalued. Amazon's gross margins have significantly improved due to a rise in high-margin businesses like advertising, third-party seller services, and AWS...
Continue ReadingWhen Jumia (NYSE: JMIA) went public four years ago, many investors hailed the e-commerce company as the "Amazon (NASDAQ: AMZN) of Africa." It had already launched its marketplace in 14 countries, which accounted for 72% of Africa's total GDP, and the continent's e-commerce sales were expected to soar as income levels and internet penetration rates improved...
Continue ReadingThis year, the economic situation remains complicated, but investors are more hopeful about the future -- and that's showing in the stock market. This is especially true of growth stocks. Billionaire investor Warren Buffett has a pretty interesting comment about what it's like to be a publicly traded company -- and Tesla chief Elon Musk agrees...
Continue ReadingMost every growth investor is looking for that small company today that brings massive returns. Such powerhouses do have to start from somewhere, after all -- Amazon and Netflix once had market caps under $1 billion. Jake Lerch (Duolingo): OK, let me be clear: For language-learning platform Duolingo to deliver truly massive returns, it needs to grow -- a lot...
Continue ReadingThe White House brought together representatives from tech giants including Meta (META), Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) to discuss artificial intelligence risks. As part of the event, the companies agreed to voluntary safeguards to better manage the risks posed by AI. Meta's President of Global Affairs Nick Clegg attended the meeting. After its conclusion, Clegg joined Yahoo Finance Live's Seana Smith and Allie Garfinkle to shed light on what was discussed. One of the big concerns about AI is how it could be used to spread misinformation or disinformation in a way that could impact an election. Clegg says that Meta's systems, including the ones related to AI, will "tackle" malicious or nefarious content "regardless of where its created, whether it's created by a human being or by a machine." Clegg adds that Meta has spent $16 billion over the last few years on defensive and protective systems and that "tens of thousands of people working on this around the clock." When asked about the 2024 U.S. elections, Clegg points out that Meta has a large user base around the world and, as a result, is constantly having to prepare for elections, saying that "with each election we learn more, because it's a very adversarial space." "I do think we are getting better. We have constant practice in doing this," Clegg adds. Click here to see the full interview with Nick Clegg. Key video moments: 00:0:05 Meta's playbook for the elections 00:01:46 How will users know that Meta has succeeded in mitigating misinformation?...
Continue ReadingAmazon shoppers know that Prime Day is the closest thing to Black Friday that summer has to offer, and with sales running from July 11-12, the biggest name in e-commerce is offering two days of epic.....
Continue ReadingIf you spent more than you expected to on Prime Day, you're probably not alone. Read on for ways to shrink your Prime Day credit card balance before it becomes a problem...
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