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Airbnb stock is down 44% during the past three months as investors exit tech stocks The booking app has developed a business model which is flexible enough to deal with the various economic...
Equal-weight exchange-traded funds (ETFs) invest roughly an equal percentage in each company within their portfolios, thus avoiding concentration. By doing so, these ETFs provide diversification and...
Recession concerns suggest falling demand for oil. When the economy shrinks, business expansion comes to a standstill, consumers reduce demand, which means less energy is needed to produce goods, and...
US Dollar to 111.00 Euro to dollar-parity Oil to fall below $90 Key EventsOn Wednesday, US futures on the Dow, S&P, Nasdaq, and Russell 2000 drew breath ahead of the publication of Federal...
Q2 earnings season begins next week and is a major test for markets S&P 500 expected to post Q2 sales growth of 10.1% and 4.1% earnings growth Consider buying energy, industrials, and materials...
Citigroup says oil could collapse to $65 a barrel by the end of this year and slump to $45 by end-2023 if a demand-crippling recession hits. Let’s not go that far. Will we get to $85 before...
Shares of the semiconductor giant Advanced Micro Devices have declined roughly 49% so far in 2022 Supply-chain issues, and rising inflation have led to a significant selloff in the semiconductor...
The most significant risk for Apple’s earnings outlook is falling demand for hardware and services due to worsening macroeconomic conditions So far, analysts are divided on whether Apple will...
Micron’s massive Q4 cut reflects sharp decline in smartphone and PC demand Shares hit a new 52-week low on Friday Is now the right time to buy the stock according to InvestingPro+...
Legendary value investor Warren Buffet has been buying Occidental (NYSE:OXY) shares and now has a 17.4% stake. His reasoning is that the stock is fundamentally undervalued despite it posting one of...
Euro slumps to the lowest since 2002 US dollar rallies Oil steady Key EventsAfter the July 4 holiday, US futures on the Dow, S&P, NASDAQ, and Russell 2000 as well as European stocks...
Deepening worries about a recession could weigh on the demand outlook for oil this week, despite tight supply concerns and the prospect of US job gains in June which might cause a new bout of...
Oil and natural gas came under pressure in June while interest rate hikes fueled concerns of an upcoming recession. Uncertainty coupled with profit-taking prompted a wave of selling in a wide range of...
One must go a long way back—to 1970, in fact, to find a first-half as bad for investors as H1 2022.The S&P 500 fell nearly 21% in the half and 8.4% in June. For the year to date, the index...
Uncertainty hovers over the markets as the second half kicks off in earnest. Occidental Petroleum got a boost from another Warren Buffett buy. Carnival Cruises is facing increasing pressure as the...
A sharp drop in the GDP tracker at the Atlanta Federal Reserve indicates the US could already be in a recession, as it fell to a minus 2.1% for the second quarter, following minus 1.6% in the...
Amid soaring inflation and rising market uncertainty, Americans are taking a breather to enjoy the long July 4 weekend.Around 84% of Americans plan to celebrate Independence Day by spending on average...