In November, investors have a range of opportunities across technology, healthcare, energy, and telecommunications with Microsoft, Amazon, Pfizer, Exxon Mobil, and Comcast. Microsoft and Amazon lead in cloud computing and e-commerce, while Pfizerâs growth is driven by strong COVID-related product sales. Exxon Mobilâs steady cash flow and investments in sustainability bolster its resilience in energy, and Comcastâs revenue gains from the Olympics and connectivity expansions enhance its media and telecom presence. These diverse stocks offer both growth and income potential, highlighting the value of a well-rounded portfolio in a shifting market.
Speaking at a Code Conference on Tuesday, Chief executive Sundar Pichai of Google and Alphabet said it wants to make the company 20% more efficient ahead of economic uncertainty and a broader slowdown in ad spending.
CVS Health Corp. appears to have beaten competitors, including Amazon.com Inc. and United Health Group Inc., to acquire the home-healthcare company Signify Health Inc. for around $8 billion.
Shares of Snap Inc., the parent company of social media app Snapchat, surged as much as 14.9% Wednesday following news of the company's plan to cut costs.
US chip stocks tumbled Thursday after government officials told them to stop exporting cutting-edge processors for artificial intelligence to China.
For buy-and-hold investors willing to wait for hidden bargains, here are some undervalued stocks to consider as part of your investment strategy or portfolio:
For the first time, Facebook parent Meta Platforms Inc. posted a decline in revenue and issued a muted outlook as it competes with rival TikTok.
On Tuesday, HP Inc. Chief Executive Enrique Lores said he sees indications that commercial customers are spending more cautiously on PCs, joining a growing list of companies to report a slowdown.
Graphics chip designer Nvidia on Wednesday issued a weak forecast for the third quarter on the back of a weakening gaming industry, sending its shares down 4.7% in after-hours trading following the results.
Streaming giant Netflix refuted recent claims of pricing estimates by Bloomberg, which suggested the new add-supported streaming tier will have a monthly cost of $7 to $9 as it competes with Walt Disney.
In a race to save itself, Peloton Interactive Inc. is eschewing some fundamental aspects of its decade-old business model after posting a $1.2 billion loss in the most recent quarter.
In a whistleblower complaint filed last month with the US Securities and Exchange Commission, former security chief Peiter Zatko said Twitter Inc. misled federal regulators about its defenses against hackers and spam accounts.
Ford Motor Co. confirmed Monday it is cutting roughly 3,000 white-collar and contract jobs in its latest efforts to reduce costs and fund its $50 billion transition to electric vehicles.
Shares of Signify Health Inc. soared in premarket trading Monday following reports by the Wall Street Journal that Amazon, UnitedHealth Group Inc. CVS Health Corp., and Option Care Health Inc. are competing to acquire the home-health technology and services provider.
Starbucks announced Thursday that Chief Operating Officer John Culver would leave the company in October after two decades as the coffee chain eliminates the role and undergoes a broader leadership transition.
Shares of Bed Bath & Beyond Inc. fell sharply into the close and are continuing to trade lower Wednesday after Gamestop Corp chairman Ryan Cohen suggested he has turned against the stock.
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