Stock Market

Recent news that Walt Disney Co. (NYSE:DIS) had suddenly and unexpectedly fired its CEO, Bob Chapek, and was bringing back former CEO, Robert Iger shook the business world. Chapek’s tenure running Disney lasted barely two years and was tumultuous as the company navigated its way through the Covid-19 crisis when its theme parks were forced

What does a bottoming process in a stock look like? In the case of microprocessor manufacturing giant Intel (NASDAQ:INTC), reaching rock bottom is bound to involve layoffs and a general sense of pessimism. The layoffs aren’t going to be pleasant, but they’re a sign that Intel’s management is doing what’s needed to turn the company around

It’s getting ugly out there. That’s especially true in the tech sector, where a growing number of companies are undertaking mass layoffs. Heading into the end 0f the year, some technology companies have announced the biggest workforce reductions in their history as their businesses slow and they grapple with ongoing supply chain issues and persistent

It’s been a tough year for tech firms, including hardware and software supplier Oracle (NYSE:ORCL). A recent round of Oracle layoffs, along with a pricey purchase of healthcare data company Cerner, has some ORCL stock investors feeling anxious. Yet, the layoffs are a necessary step to help slim Oracle down. Besides, the company’s cloud-business growth will

It seems odd to be analyzing the best shipping stocks as recession concerns continue to pile up in 2022. Further, any recession will likely last well into 2023 and come with a much harder landing than the Federal Reserve would like. With shipping rates down from record levels, it’s also unsurprising that many shipping stocks

In a fresh development, Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) finally settled an ongoing investigation. That’s good news, and it bodes well for GOOG stock. Furthermore, an activist investor gave Alphabet some practical advice about how the company can cut costs. Hopefully, Alphabet’s management will consider implementing retrenchment measures soon. Big Tech has

As discussed previously, Apple (NASDAQ:AAPL) stock has held up very well compared to other FAANG stocks. Unlike other major mega-cap tech stocks, AAPL stock hasn’t been knocked lower by a poorly-received earnings release. In fact, investors responded positively to its most recent quarterly earnings report on Oct 27. In contrast to Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL),

There’s a good-news, bad-news situation with China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). The bad news is that some analysts reduced their price targets on NIO stock, and the company’s financial stats have some sore spots. Yet, there are also some highly encouraging data points to consider. Furthermore, potentially positive news from China could benefit Nio

Bloomberg Law recently discussed the global mergers and acquisitions (M&A) market. Their analysis pointed out that even though the 2022 M&A volume is down from a record number of transactions in 2021, the potential deals in 2023 could be pretty standard relative to the pre-pandemic volume.  “This year’s total M&A deal volume was $3.1 trillion

Big tech is taking an ax to its headcount, and Amazon (NASDAQ:AMZN) is no exception. The e-commerce and cloud computing giant recently announced its own round of mass layoffs, downsizing 10,000 corporate and technology positions. So far, this move has had little impact on AMZN stock. AMZN dropped 2.36% on the news, but shares have

High inflation and soaring interest rates have been the main factor behind the double-digit stock downturn so far this year, but alongside these macro factors, many stocks have plunged due to more company-specific issues—for example, corporate scandals. These scandals run the gamut, both in the type of scandal and the severity of the scandal. Categories

Beaten-down lidar stocks could provide investors with one of the biggest opportunities of 2023. After all, lidar is an essential piece of the self-driving-auto puzzle. Lidar allows vehicles’ computers to take a 3D image of the area around them. The sensors can then measure the range or speed of objects, bounce lasers off the objects,

After making a double-digit move lower in October, don’t expect things to calm down with Alibaba Group (NYSE:BABA) stock this month. On Nov. 17, the Chinese e-commerce giant will report results for the preceding quarter, ending Sept. 30. In addition, investors will be keeping an eye on Alibaba’s results for “Singles Today,” which was Nov.

Coinbase Global (NASDAQ:COIN) is among the best-known platforms where people can buy and sell Bitcoin (BTC-USD) and other cryptocurrencies. However, troubles in the world of crypto have put negative pressure on COIN stock. The end result, though, should be much higher prices for Coinbase shares over the coming years. That’s because more credible exchanges will rise

If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major Nasdaq components. With this large drop, shares in the tech giant, which is

Source: Rokas Tenys / Shutterstock.com Tesla (NASDAQ:TSLA) stock got rocked this week after CEO Elon Musk revealed he had sold $3.95 billion of his Tesla stake. Many analysts immediately drew lines from the rapid-fire disposal to Twitter’s recent stumbles. It only took the world’s richest man three months to renege on his promise to avoid

After years of astounding growth, Amazon (NASDAQ:AMZN) is currently out of favor among investors. Some traders reacted negatively to Amazon’s third-quarter 2022 earnings report. Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach

[Editor’s note: “Buying Opendoor Today Could Be Like Buying Amazon in 1997” was previously published in June 2022. It has since been updated to include the most relevant information available.] Anyone who follows me knows this: I’m super bullish on Opendoor (OPEN) stock. Indeed, buying Opendoor stock today could be like buying Amazon (AMZN) stock

How far could a $100 wager on Baidu (NASDAQ:BIDU) stock take you? In the short term, don’t expect huge gains, as traders are still nervous about Chinese President Xi Jinping’s consolidation of power. They’re anxious about the nation’s strict Covid-19 policies as well. Yet, Baidu shares have lost so much value that there seems to

Tumbling yet again after a poorly-received earnings report, value investors are again arguing that Meta Platforms (NASDAQ:META) is severely undervalued, and a screaming buy at current prices. Sure, on the surface, META stock appears dirt cheap. After falling nearly 72.5% over the past year, shares in the tech giant, parent company of popular social media