Good news for Peloton Interactive (NASDAQ:PTON) fans. The struggling and unprofitable exercise bike and fitness class company, beloved by suburbanites looking to shed some pounds while overly excited trainers scream at them to pedal faster, appears to have gotten a lifeline from TikTok, the social media app favored by the teen children of all those
It was terrific last year for the S&P 500, but looking at some of the worst-performing S&P 500 stocks is still worth it. The benchmark index jumped 24% and hit a new all-time high. That’s the textbook definition of a bull market. But we need some asterisks. It wasn’t a broad-based run higher. The popular index
Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the trading of a spot bitcoin exchange-traded fund, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF: Grayscale Bitcoin Trust Ark/21Shares Bitcoin Trust Bitwise Bitcoin ETF Trust
Sometimes, the “buy low, sell high” principle is better in theory than in practice. Just because PayPal (NASDAQ:PYPL) stock lost money for investors in 2023, doesn’t mean it will stage a huge comeback in 2024. So, let go of your assumptions and think about PayPal’s risks before placing any trades. Value investors shouldn’t jump to any conclusions based
The Bureau of Labor Statistics report showed 216,000 new jobs in December, an unemployment rate of 3.7% and wage gains rising to 4.1%, all ahead of economist expectations as the labor market in December stayed hot.
Even with a relatively small portfolio allocation, penny stocks can have a big impact in terms of total portfolio returns. The reason is that when some of the hottest penny stocks surge, the rally is not limited to 20% or 30%. Instead, penny stocks can deliver multibagger returns in a matter of weeks. Having said
If you’re looking for consumer stocks to avoid, look no further than the ProShares Online Retail ETF (NYSEARCA:ONLN). As its name implies, the ETF tracks the performance of the ProShares Online Retail Index, a collection of retailers that sell their products online or through other non-brick-and-mortar channels. In 2023, the ETF generated a total return
In an era where the market shifts at breakneck speed, millionaire-maker stocks can pop at any minute. Identifying potential investment avenues is critical to navigating a constantly changing landscape. These millionaire-maker stocks represent market giants and catalysts reshaping consumer discretionary, technology, finance, and automobile sectors. Tesla (TSLA) Source: sdx15 / Shutterstock.com Tesla (NASDAQ:TSLA) has rapidly
Don’t overlook the importance of finding stocks to sell to clean up your investment mix. F-rated stocks are portfolio killers. They keep you from adding wealth, becoming richer and threaten your long-term goals to retire comfortably. And sadly, it doesn’t take many F-rated stocks to put a huge dent into your monthly and quarterly returns.
Like most other tech stocks, Advanced Micro Devices (NASDAQ:AMD) has been off to a rough start for 2024. After reaching prices nearing $150 per share in late December, AMD stock has since slid back to around $135 per share. The general direction of the broad market has played a role in this. However, valuation-related worries
Remember how the FAANG group of technology stocks captured Wall Street’s imagination a few years ago? The so-called “Magnificent Seven” replaced FAANG in 2023 and somehow, Netflix (NASDAQ:NFLX) got lost in the shuffle. Yet, NFLX stock has the potential to regain its superstar status and zoom higher in 2024. Netflix has more competition in the streaming space
Recently, InvestorPlace contributor Matthew Farley suggested that EHang (NASDAQ:EH) stock could potentially turn $10,000 into $1 million. That’s certainly possible, but don’t expect it to happen in 2024 and always understand the risks involved. EHang is a premier player in an industry that’s exciting but is also in its infancy. Just to recap, EHang is based in
Hunting for the next big thing among tech stocks is akin to finding the dimmest stars. In this context, three companies are set to chart a course towards doubling your investment by 2025. Each company, a titan in its own right, unveils a unique tapestry of strategies, innovations and market prowess, promising a lucrative return.
GameStop’s (NYSE:GME) popularity has waned, evident in its low average daily trading volume of 6.17 million, just 8.3% of the SPDR S&P 500 ETF Trust. With fundamentals askew and community-driven investing dwindling, GME stock faces challenges. Recent earnings reports depict a bleak picture, with a 14.1% year-over-year decline in the company’s collectibles segment and declines
Last year was better for SoFi Technologies (NASDAQ:SOFI) stock than it should have been. Although the high-interest rate environment created by the Federal Reserve and the resumption of student loan payments caused revenue to triple last year, SoFi’s position remains precarious. The fintech’s stock surged 85% in 2023 due to record revenue and member growth.
With its share price down 92% since its 2018 market debut, and now trading as a penny stock, there doesn’t appear to be much hope left for cannabis producer Tilray Brands (NASDAQ:TLRY) stock. Tilray is the largest cannabis producer in neighboring Canada and hopes ran high for the stock (pun intended). In October 2018, when
Barring a little turbulence in March (re: bank stock scare), the U.S. stock market has smoothly sailed through 2023. Now that 2024 is around the corner, many investors are eyeing companies with high growth potential, which brings us to airline stocks. The airline business has always moved in sync with the broader economic cycle. When
The global robotics industry will continue to pick up steam, making it a great time to consider the best robotics stocks to buy. As we step into 2024, the potential for growth in the robotics industry remains substantial. Investors who are keen on capitalizing on this trend will focus their efforts on companies with market
Microsoft (NASDAQ:MSFT) has emerged as a top tech stock to buy in 2024. The company continues to capitalize on two major trends – Azure serves as a premier AI infrastructure platform, while the company pioneers AI integration across tools like Copilot and applications such as Nuance Dax in healthcare. This will have important implications for MSFT
Even some of the biggest critics are now turning bullish on cryptocurrencies. Case in point, Jim Cramer, the host of the CNBC television show “Mad Money.” After bashing crypto for the past two years, Cramer recently reversed himself, saying on camera of Bitcoin (BTC-USD): “This thing, you can’t kill it… Bitcoin is a technological marvel