By Michael Grothaus August 03, 2022 Usually, Tesla investors care most about when the company plans to release its quarterly earnings report, which Tesla most recently did on July 20. For its Q2 2022, investors seemed largely impressed with the electric carmaker’s revenue growth of 43% year-over-year. Yet for many Tesla investors, the most … Continue reading Tesla stock split: What to know about the vote to split TSLA shares
By Sam Becker July 26, 2022 With the economy in questionable shape, all eyes are on earnings this week to try and get a sense of how well some of America’s corporate giants are faring in an increasingly tough economic environment. That includes a smattering of tech giants: Alphabet, Microsoft, Meta, Apple, and … Continue reading Big Tech earnings will decide the fate of the stock market this week
By Christopher Zara July 22, 2022 The wild growth that Snapchat and other social media companies enjoyed during the lockdown phase of the COVID pandemic is looking farther and farther in the rearview mirror. Shares of Snap Inc. are tumbling in premarket trading on Friday after the company reported disappointing financial … Continue reading Snap stock price tanks in a warning sign for social media investors: Here’s what happening
By Sam Becker July 20, 2022 Evidently unfazed by the state of the stock exchanges and IPO market, FaZe Clan went public today via a $725 million SPAC merger with B Riley Principal 150 Merger Corp. The stock is now trading on the Nasdaq stock exchange under the ticker “FAZE.” The public listing … Continue reading FaZe Clan stock price struggles on Nasdaq trading debut after SPAC listing
Secret Recession Indicator Points to a Massive Stock Market Rebound InvestorPlace / 12 Jul 2022 A recession is already priced in, and what comes next is a big stock rally where the entire market tends to roar 15- to 25%. The Recession Buy Indicator broadly states that the best time to buy stocks in … Continue reading Secret Recession Indicator Points to a Massive Stock Market Rebound
Now Is Not the Time to Buy Shopify Stock InvestorPlace / 05 Jul 2022 Don’t buy flailing SHOP stock in the hope of a turnaround happening anytime soon. Shopify (SHOP) stock dropped 5.9% on Wednesday after the company completed its stock split. On a split-adjusted basis, SHOP stock is now down over 75% so far … Continue reading Now Is Not the Time to Buy Shopify Stock
Big Tech Stock Declines Will Drag Down Performance Media by Dave Morgan , Featured Contributor, June 2, 2022 What goes up must go down, whether balloons, birds or baseballs. That’s why Snap slashed its financial guidance last week. It’s not about deprecation of the cookie. It’s not about the device ID. It’s all about the … Continue reading Big Tech Stock Declines Will Drag Down Performance Media
By Connie Lin February 16, 2022 The New York Stock Exchange (NYSE) is eyeing greater ventures in the lucrative NFT trading frenzy, according to its recent filing with the U.S. Patent and Trademark Office. The filing, submitted February 10, reveals the NYSE’s ambition to launch a platform for cryptocurrency and NFT trading, among … Continue reading The New York Stock Exchange files trademark for an NFT marketplace
By Michael Grothaus February 04, 2022 After Facebook reported dismal Q4 financials earlier this week, many on the street didn’t have high hopes for Snap. That’s because Snapchat, like Facebook, relies on ad revenue to fund its coffers. Facebook saw a massive impact on its ad revenue, in part due to Apple’s iOS … Continue reading Unlike Facebook, Snap stock is surging. Here’s what’s happening
By Clint Rainey January 24, 2022 Shares of Snap, the parent company of Snapchat, tumbled to a new low Monday after the company was downgraded by another group of investment analysts—Wedbush’s this time. They cut shares from an “outperform” rating to a “neutral” rating, fixing a $36 target price on stocks and writing that “we … Continue reading Snap stock gets downgraded again: Blame Apple and TikTok
