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Contrarian bounce? One of the few bullish signs in this stock market is that everyone is so bearish
“It’s usually when no one can find anything positive on the horizon that bottoms are made,” Bespoke Investment Group said. Source
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How a blockbuster-packed summer could lend a hand to the struggling streaming stocks
The release of “Doctor Strange in the Multiverse of Madness” ushers in a line-up of big movie franchises hitting theaters this summer. Source
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Peloton shares hit all-time low as pressure mounts under new CEO Barry McCarthy
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday as investors lose hope that the connected fitness equipment maker can turn itself around and post a profit, even under a new chief executive officer. […]
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Asset manager says buy the dip: There are opportunities ‘literally right now’
Asset manager Michael Yoshikami reveals the stocks to consider buying right now. Source
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F1 CEO sees ‘great opportunity’ in TV rights talks with ESPN deal due to expire
Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the end of 2022. It was extended in 2019 to the tune of $5 million per […]
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Tech selloff puts Nasdaq on pace for worst day since June 2020
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Cloud companies, e-retailers and household tech names got hammered on Thursday, wiping out hundreds of billions of dollars in market value and pushing the Nasdaq Composite toward its worst one-day plunge since June […]
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Miami hosts its first F1 Grand Prix this weekend, and thousands of fans are spending a ton just to be in town
Tickets to this weekend’s Formula 1 Grand Prix in Miami are selling for thousands of dollars a piece, as surging U.S. interest and the global wealthy drive up prices for a weekend of high-speed excess. More than 300,000 race fans, tourists, executives and party-goers are expected to pour into Miami for the event, sponsored by […]
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Dave Chappelle attacked on stage by an audience member in Los Angeles, police say
Chappelle was not injured as a result of the attack, LAPD said. Kevin Mazur | Getty Images Entertainment | Getty Images U.S. stand-up comedian Dave Chappelle was attacked by an audience member during a live performance at the Hollywood Bowl in Los Angeles, according to the Los Angeles Police Department. A male suspect on Tuesday […]
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Your kids can learn life lessons from investing and trading in stocks — here’s how
Trading stocks has become much easier for young traders in the last few years – thanks to fintech apps like Robinhood and Greenlight. Robinhood, for example, drew unprecedented levels of young, first-time traders to the stock market during the pandemic. The rise of such trading platforms that allow kids to buy stocks can be viewed […]
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Fund manager believes FAANG is dead — says now it’s all about MANTA
Mark Hawtin reveals the stocks he thinks should replace some FAANG tech heavyweights — and explains why. Source
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