October is right around the corner, and that means holiday shopping season is already gearing up. Target (NYSE: TGT) is launching its first holiday shopping event Oct. 6, and it plans to hire a lot of new employees to get it through the extended holiday season. The aggressive push adds more risk to Target's third- and fourth-quarter results, after profits took a massive hit from stores clearing out stale inventory in the second quarter...
Continue ReadingContextLogic (NASDAQ: WISH), the parent company of online marketplace Wish, went public in December 2020 at $24 per share. It was also banned in France last year for allegedly selling dangerous and counterfeit products. Joe Yan, an operating partner at Wish's investor GGV Capital, is now serving as its interim CEO...
Continue ReadingThe stock market rout this year presents plenty of opportunities, but they're not all created equally...
Continue ReadingThe bear market in tech stocks has changed perceptions on many levels, especially concerning valuations. Stockholders who routinely tolerated P/E ratios above 100 last year have sold off their more expensive stocks...
Continue ReadingYahoo Finance's Brad Smith breaks down notable business headlines including Amazon holding a second Prime Day sales event, SiriusXM halting Brett Favre's radio show amid allegations of welfare fraud, and Kia and Hyundai sued over a hot wiring TikTok challenge...
Continue ReadingDan Loeb has changed his tune on ESPN. In August, the activist investor wrote a letter urging Walt Disney (NYSE: DIS) CEO Bob Chapek to spin off the sports media company. But after Chapek presented at Disney's annual D23 conference and talked to reporters about ESPN and the future of Disney, Loeb's now convinced ESPN is worth more within Disney...
Continue ReadingIn this article, we discuss 10 best delivery stocks to invest in. If you want to read about some more delivery stocks, go directly to 5 Best Delivery Stocks to Invest In. The food delivery market has changed in numerous ways over the past few years as overlapping economic forces affect a complex web of […]...
Continue ReadingIn this article, we discuss 11 best cloud stocks to buy now. If you want to see more stocks in this selection, check out 5 Best Cloud Stocks To Buy Now. The global cloud computing market is anticipated to reach $1,554.94 billion by 2030, representing a compound annual growth rate of 15.7%. Cloud computing offers […]...
Continue ReadingThree ways to protect capital in a bear market. Deposits, litigation, & merger arbitrage. Read why I think Amazon is one of the latest opportunities to consider...
Continue ReadingFor years, FAANG stocks (a phrase coined by CNBC's Jim Cramer) were among the best-performing large-cap companies. While all five companies in the grouping are solid businesses, some of the stocks have performed much better than others recently, and only one has outperformed the broader market this year...
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