With the Meta Platforms ticker symbol change, the company can now be better tagged to embodying the metaverse it seeks to pioneer. Meta Platforms Inc (NASDAQ: META), formerly known as Facebook has off...
Tag: Stock
Nigerian Stock Exchange Plans Blockchain-based Settlement by 2023
The Nigerian Exchange (NGX) Ltd. is planning to launch a blockchain-enabled exchange platform in 2023. Per a report by Bloomberg on Friday, NGX said it aims to use the platform in settling capital mar...
Dow Jones Futures: Stock Market Flashes Bearish Signals As Inflation Spikes; What To Do Now
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures, with the upcoming Fed meeting in focus. X The major indexes sold off hard late last week, tumbling bel...
Tesla announces 3-for-1 stock split
Tesla (TSLA) announced in its annual proxy statement released late Friday it will seek shareholder approval to split its stock 3-for-1. Shareholders will vote on the proposal at Tesla’s annual m...
Elon Musk Needs This to Happen Before Tesla Can Split its Stock 3-for-1
Tesla (TSLA) – Get Tesla Inc. Report is planning to split its stock 3-for-1 according to a regulatory filing late on June 10, but something has to happen first. The electrical vehicle maker mad...
Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board
Topline In a regulatory filing released Friday afternoon, Tesla said it would ask shareholders to approve its second stock split in less than two years at its upcoming annual meeting, after teasing a ...
Should you buy Upwork stock after the latest upgrade by RBC?
Upwork Inc. (NASDAQ:UPWK) is one of the beaten-down stocks this year. The stock is down -47.39% year-to-date, more than a drop of 28% for the Nasdaq-100 composite. However, last month, RBC Capital Mar...
Quint Tatro reveals his top semiconductor stock
“Semiconductors” continue to massively underperform the broader market this year, but Quint Tatro is convinced the demand for chips will continue to increase. He’s the Founder and Ch...
Everything in the Stock Market Is Being Sped Up Including the Crash
(Bloomberg) — When the nineties ended, an overvalued stock market took three long years to rid itself of its accumulated excess in what is now known as the dot-com crash. Most Read from Bloomber...
After a Hot CPI, Where the S&P 500 and Nasdaq Close Friday Is Key
With hotter-than-expected CPI numbers released Friday morning putting pressure on stocks, closing prices for the S&P 500 and Nasdaq Composite are key for the markets. In our view, the S&P need...
The S&P 500 Gets a New Price Target. What It Means for the Stock Market.
Text size RBC now sees the S&P 500 rising to 4700 by the end of the year. NYSE The S&P 500 just got a new lower price target. But that doesn’t mean investors need to panic—at least not right a...
Ant Group IPO Revival Buffets Alibaba Stock
I was amazed when I got the breaking news alert on my phone here in Hong Kong at 8:48 p.m. Thursday. The Alibaba Group Holding (BABA) spinoff Ant Group is reviving plans for its initial public offerin...
Disney’s Abrupt Firing of Top TV Exec Just the Latest Drama Stock Doesn’t Need
Text size Peter Rice joined Disney in 2019. Arturo Holmes/Getty Images A top executive at Walt Disney is leaving nearly a year after renewing his contract in what might be just the latest headache for...
Here’s why you should own this blue-chip dividend stock
In the last two years, the investment world has transitioned from slow growth, low inflation, and a low-interest-rate world to one with high-interest rates, fast growth, and high inflation. Inflation...
The stock market and inflation: How the S&P 500 performs on CPI report days
Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue...
NXPI Stock Rises On Samsung Takeover Talk
Samsung reportedly is eyeing an acquisition of European chipmaker NXP Semiconductors (NXPI) to increase its exposure to the automotive chip market. NXPI stock jumped on the news. X Asian Tech Press re...
DeFi Tokens Representing AMZN Will Be Affected by Amazon’s 20-for-1 Stock Split
The stock market has always influenced cryptocurrency and DeFi tokens. A direct consequence of Amazon’s move will be felt by holders of DeFi tokens that reflect AMZN stock on the crypto market. Amazon...
Amazon’s 20-for-1 Stock Split Bears This Effect on DeFi Tokens Representing AMZN
The stock market has always had a significant influence on the crypto market, including the DeFi tokens in it. But this development from Amazon has a direct impact on the DeFi tokens representing the...
DocuSign Stock Tumbles on Cut to Outlook
Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard/Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thurs...
DeFiChain shows how tokenised stock platforms deal with stock splits
Stock Splits I’ve long thought stock splits summarise how silly human beings can be. For the uninitiated, a stock split has no effect on the fundamentals of a stock, merely the “perception” of it. For...
Nvidia’s 5nm Lovelace Chip Is Not the Right Reason to Worry About Nvidia Stock
This week hasn’t been a great one to own semiconductor stocks so far — but Nvidia (NVDA) shares might turn out to be a relatively safe port in the storm. The week began on a down note when...
Intel Has Problems, But If You Insist Here’s How to Play It
It should have been a good day for semiconductor stocks. On Wednesday, the WSTS (World Semiconductor Trade Statistics) released the organization’s new semiconductor market forecast generated in ...
How oil holds the key to whether the stock market has bottomed
They say Helen of Troy is the face that launched a thousand ships. Well, the question “have we bottomed yet?” has launched a thousand articles. Or it feels that way, at least. Sometimes humans have a ...
Is Johnson & Johnson A Recession-Proof Stock?
AFP via Getty Images Key Takeaways There is increased talk of a potential recession in the cards over the next 12 months Periods of negative economic growth can create a challenging environment for so...
Tesla Stock Can Jump Another 50% Thanks To ‘Superior’ Growth In The Years Ahead, Analysts Say
Topline Tesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on Wall Street remaining optimistic that Elon Musk’s electric-vehicle maker sti...
Cathie Wood’s Ark Invest Buys Moderna Stock After $100 Billion Crash—And Sells Rival Vaccine-Maker Pfizer
Topline New York City investment firm Ark Invest, helmed by high-profile stock picker Cathie Wood, offloaded a large chunk of top-holding Pfizer on Wednesday and poured into rival vaccine-maker Modern...
This Stock Has A 3.76% Yield And Sells For Less Than Book
Radian GroupRDN has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that amon...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...