The Covid-19 pandemic crushed travel and casino companies. However, pent-up demand following the reopening of the economy boosted travel and helped drive business to major casinos. Despite growing fears of an impending recession, several Wall Street analysts are optimistic about the casino space. This is largely due to the continued momentum observed in Las Vegas.
If you had $200 billion lying around, why wouldn’t you want to have your own bank? That’s probably what Twitter CEO Elon Musk thought when he floated the idea of buying SVB Financial’s (NASDAQ:SIVB) subsidiary Silicon Valley Bank on March 11. Other tech and crypto moguls have since offered up plans of their own. If you
In this article KEY SCHW MS WFC DASH LYFT GTLB CVT UBER FRC MTCH UAL BZFD PACW WAL CMA ZION META Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading Tuesday. MENLO PARK, CALIFORNIA – FEBRUARY 02: A security guard stands next to a sign at Meta headquarters on
Warren Buffett, known as the “Oracle of Omaha,” is one of the most successful investors in the world. He has built his fortune through savvy investments in various industries, and his approach to investing has been emulated by many. Buffett is known for his long-term approach to investing, seeking out companies with substantial competitive advantages
Short-squeeze stocks produced great results in the last bull market. Investors targeted penny or meme stocks with a high short interest in big buying. An initial rally translated into short covering, which accelerated the upside. I am sure investors remember the unbelievable rally in GameStop (NYSE:GME). This trading strategy is purely speculative stocks that made sense when the financial
Dividend growth investing is a great way to generate passive income. When there is market uncertainty, the right way to park your funds is in dividend stocks since they keep your money safe and will ensure healthy and consistent cash inflows. If you are here to generate passive income, you need to look out for dividend growth
In this article FRC UBER DASH BZFD HON UAL Follow your favorite stocksCREATE FREE ACCOUNT A traveler walks toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines before the bell: First Republic
It’s not exactly easy for investors out there right now. For starters, there’s the current market turmoil surrounding the collapse of a number of regional banks. As if we needed that on top of the uncertainty over the direction of the broader economy and Federal Reserve interest rate policy. The recent volatility makes good stock
Investors looking for Warren Buffett AI stocks should note that the Oracle of Omaha does not particularly have a keen interest in pure-play AI stocks. That is because his company, Berkshire Hathaway (NYSE:BRK-B), does not maintain meaningful positions in such stocks. Warren Buffett’s investment style focuses more on well-established businesses for long-term growth. Accordingly, AI doesn’t fit that criterion,
Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace. The consumer price index, expected Tuesday morning, is forecast to show
In this article KEY FRC UAL GTLB Follow your favorite stocksCREATE FREE ACCOUNT GitLab Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Gitlab — Shares tumbled 36% after Gitlab issued a softer-than-expected outlook. It posted fiscal-year 2024 revenue guidance of $529 million to $533 million in 2023, compared
With AI beginning to transform just about everything, the potential $1.8 trillion AI boom could mint a few millionaires. Even analysts at Bank of America are excited, noting that AI stocks are on the brink of an “iPhone moment” and could boost the global economy by $15.7 trillion in seven years. “We are at a
With a banking sector implosion compounding the Federal Reserve’s possible decision to aggressively raise interest rates, investors looking for stocks to buy may want to align their acquisitive strategies with what the experts believe. In other words, a significant value may exist in targeting securities that enjoy strong buy consensus ratings among Wall Street analysts. To
Although it’s no guarantee that the Federal Reserve will raise benchmark interest rates, it may be an inevitability, thus sparking interest in stocks to buy for rising interest rates. Early last week, Fed Chair Jerome Powell left open the door for higher and quicker rate hikes. Essentially, economic data came in hotter than anticipated, leading
While governments typically aim for a robust jobs market, too hot of a labor force could yield significant risks, thus forcing changes for stocks to buy. Indeed, American investors may want to consider adjusting their strategies to accommodate future changes in the economy. On paper, circumstances appear quite swell. According to CNN, the U.S. economy
With the massive sell-off in the crypto market, the best blockchain stocks to buy are now on sale. These stocks play a critical role in the proliferation of blockchain, a technology that will continue to be strong. According to the research firm, MarketsandMarkets, the blockchain industry could grow by a whopping 66.2% to reach $94
Faced with significant headwinds, investors may want to target certain stocks to avoid to prevent catastrophic loss. Primarily, the media focused on the implosion of SVB Financial (NASDAQ:SIVB), with regulators appointing the Federal Deposit Insurance Corporation (FDIC) as receiver, which will then dispose of the beleaguered firm’s assets. However, SVB Financial may be a canary
If you wanted to build a profitable bank, how would you do it? The founders of SoFi (NASDAQ:SOFI) certainly had the right idea. Instead of lending to businesses (which tend to chase after the lowest-possible interest rates), why not loan cash to rich kids instead? Or at least the kids you think will become rich
In December 2022, InvestorPlace.com contributor Joel Baglole picked out Seven Surprising Stock Picks for Contrarian-Minded Investors. His picks would prove masterful. Not only did he pick out Coinbase (NASDAQ:COIN) – one of the top performers of the stock market this year. He also chose Meta Platforms (NASDAQ:META), Zillow (NASDAQ:ZG) and AMC Entertainment (NYSE:AMC), a wide
Among the primary participants in the emerging AI-assisted movement is machine-learning software specialist C3.ai (NYSE:AI). While you certainly don’t want to over-leverage yourself on AI stock, it makes sense to consider owning a few shares; the artificial intelligence market is likely to grow over the coming months and years. The popularity of OpenAI’s ChatGPT platform helped