By Dan Weil A whopping 84% of consumers say they’ve used a P2P service app, such as PayPal or Venmo, with the number rising among younger people. Peer-to-peer payment services, such as PayPal (PYPL) – Get PayPal Holdings Inc. Report, Venmo and CashApp …
Is Plan B The New Baby Formula?
By Veronika Bondarenko After the Roe v. Wade reversal, some grocery stores are limiting the number of products one can purchase. The ripple effects of the Supreme Court’s overturning Roe v. Wade are just starting to trickle through into a wide range of…
Royal Caribbean Shares Huge News on Covid Testing, Vaccine Rules
By Daniel Kline President Michael Bayley gave some straight answers on pre-cruise covid testing and potentially dropping vaccine requirement at a Q&A; during the cruise line’s President’s Cruise. Being on a cruise has largely returned to the same exper…
Stock Market Today – 6/27: Stocks Higher As China Revives Growth Bets; Oil Resumes March
By Martin Baccardax Growth bets look set to overtake inflation concerns, at least for the moment, as stock futures react to some rare positive news on Covid from China. U.S. equity futures traded higher Tuesday, while the dollar slipped lower against i…
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
By Martin Baccardax “We think we’re well positioned for growth in fiscal year 2023 … having said that, we did take a cautious approach to Greater China,” said CFO Matthew Friend. Nike (NKE) – Get Nike Inc. Report shares moved lower Tuesday after the …
Is Netflix Now a Value Stock?
By Bret Kenwell Netflix stock has been pummeled, but now trading at 17 times this year’s earnings, bulls need to evaluate Netflix stock for its value, not its growth. Netflix (NFLX) – Get Netflix Inc. Report stock has been buried. Of all the FAANG comp…
New Disney Idea Solves a Huge Theme Park Visitor Problem
By Daniel Kline The Mouse House has put forward a futuristic idea that theme park visitors will love. Visiting a Walt Disney (DIS) – Get The Walt Disney Company Report theme park may not be quite as magical as the commercials suggest. Sure, you may fin…
Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest
By Martin Baccardax Sam Bankman-Fried’s FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday. Robinhood Markets (HOOD) – Get Robinhood Markets Inc. Report shares surged higher Monday, before being halted from tra…
Which Stocks are on Morningstar’s Chip Equipment List?
By Dan Weil Semiconductor stocks have struggled in recent months, with the PHLX Semiconductor index slumping 31% year to date. Semiconductor stocks have struggled in recent months, with the PHLX Semiconductor index slumping 31% year to date. So now may…
Housing: Still in the Dumps, Despite Rays of Light
By Dan Weil Pending home sales inched 0.7% higher in May from April, and new home sales rose as well. Don’t get too excited about the housing market, despite a couple recent pieces of good news. First, pending home sales crawled 0.7% higher in May from…