Epic Games has handed Apple (NASDAQ:AAPL) an epic defeat. Epic Systems, the maker of “Fortnite” and other popular games, launched a massive lawsuit against the company years ago for allegedly anticompetitive behavior. And, in a surprise to many observers, a judge largely agreed. Source: Shutterstock On Sept. 10, a judge ruled on the long-running Epic
In this article AAL COIN AZN-GB Bundles of steel from Nucor Corp. sit for sale to at Thompson Building Materials in Lomita, California, U.S., on Thursday, Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Delta Air Lines — Shares of
I bet many readers are scanning through screeners and news articles trying to find out what the future holds for DraftKings (NASDAQ:DKNG) stock. Well, I’d like you all to remember that if you have a long enough investment horizon, the short-term noise in DKNG stock — or any stock — won’t matter. If you analyze
One of the biggest mistakes I made after joining InvestorPlace was to give up on Costco Wholesale (NASDAQ:COST) stock. Source: Helen89 / Shutterstock.com I had a nice profit. I could have stayed in. But, fearing the process of demographic change – young people moving into small apartments – I bailed. Since then, Costco stock is
Investors pay up for growth. Witness Pinterest (NYSE:PINS). Revenues grew 48% in 2020. They rose 26% between the first and second quarter 2021. They should easily exceed the 2020 total after Q3 numbers are announced on Oct. 28. If 2021 sales hit $2.246 billion, the current PINS stock price equates to about 15 times sales. Source:
Sentiment on Wall Street has taken a turn for the worse of late. Overall the bulls are still in control of the charts. However, the bears have recently made progress. The good news that it’s more to do with sentiment than actual fundamental deterioration in the macroeconomic conditions. This is my long way of saying
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Mark Cuban is a world-famous entrepreneur and investor with a net worth of $3.3 billion, according to Forbes. He is the current owner of the Dallas Mavericks, one of the teams in the Western Conference division of the National Basketball Association (NBA). He is also the
What is the Mortgage Interest Deduction and how can you use it to help save money on your federal income taxes? In this episode of Personal Finance 101, Madeleine Johnson walks you through the basics. She also helps explain how this popular deduction was changed by the Tax Cuts and Jobs Act of 2017.
Updated: August 25, 2021 As of today, August 25, 2021, the benchmark 30-Year Fixed mortgage rate is 3.04%, FHA 30-Year Fixed is 2.82%, Jumbo 30-Year Fixed is 3.13%; 15-Year Fixed is 2.32%, and 5/1 ARM is 2.17%. These rates are not the teaser rates you may see advertised online and based on our methodology should
The markets are entering the last quarter of another eventful year for equities as an asset class. Without doubt, the year will be remembered for Reddit and Meme stocks. It’s also a year when Robinhood (NASDAQ:HOOD) trading platform gained significant traction as millennials took a plunge into stock trading. In general, meme stocks were among
For years, many analysts considered Alibaba (NYSE:BABA) stock to be a no-brainer investment on the mercurial growth of the Chinese economy, particularly its burgeoning technology sector. Source: BigTunaOnline / Shutterstock.com For the most part, they’ve been right, with BABA stock soaring following some rough outings post its initial public offering. Today, the circumstances have completely
It’s all about the miles, sort of, with Lucid (NASDAQ:LCID) stock popping 10% since yesterday on positive reports about its range. Source: ggTravelDiary / Shutterstock.com According to the U.S. Environmental Protection Agency, the Lucid Air Dream edition can go 520 miles on one charge. That is 20% longer than Tesla (NASDAQ:TSLA), so that’s quite an
An Amazon worker delivers packages amid the coronavirus disease (COVID-19) outbreak in Denver, Colorado, April 22, 2020. Kevin Mohatt | Reuters Though the markets are off from their highs, analysts believe that several companies still have room to grow. Innovations in point-of-sale technology, acquisitions of buy now, pay later firms, and trend shifts to cloud-computing
It’s no secret the investing world is obsessed with all-electric vehicles (EVs). Several EV stocks, Tesla (NASDAQ:TSLA) being chief among them, have given investors triple-digit gains this year. But in recent weeks, the stocks have seen a correction. Against this backdrop, QuantumScape (NYSE:QS) stock, down 12.5% last month, becomes an interesting play. Source: Michael Vi/Shutterstock.com
Reddit traders recently tried to send Clover Health (NASDAQ:CLOV) stock “to the moon” once again. Source: Shutterstock The stock managed to crack $10 per share, but ultimately this rocket l did not launch. Instead of sending it back to the $25+ it traded for in June (during its short-squeeze rally), shares in the Medicare Advantage
Will you invest with fear, or with guts and glory? That’s the billion-dollar question facing each and every Alibaba (NYSE:BABA) shareholder now as BABA stock continues to drift downward with no mercy. Source: Nopparat Khokthong / Shutterstock.com I can fully understand why some investors might want to avoid Alibaba and Chinese businesses altogether. It’s not about
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Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses in this article, http://www.zacks.com/stock/news/180276/this-weeks-growth-amp-income-stock-lyondellbasell-lyb, a stock that might be worth a closer look by investors: LyondellBasell (LYB). This plastics, chemicals and refining company recently delivered a big positive earnings surprise as profit margins expanded rapidly for its products. This prompted analysts to
President Joe Biden campaigned on an economic platform to shore up the middle class, extend health care, raise taxes on the wealthy, and invest trillions of dollars in green energy infrastructure, among other issues. On March 11, 2021, Biden won his first major economic victory when he signed the American Rescue Plan Act of 2021
The first look at the crew in orbit, from left: Jared Isaacman, Hayley Arceneaux, Chris Sembroski, Sian Proctor. Inspiration4 Inspiration4, which launched with Elon Musk’s SpaceX on Wednesday evening, shared the first photos from day one in orbit and gave an up-close look at the expansive views of Earth from the spacecraft’s “cupola” window. The