STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Google CEO Pichai speaks about competition and efficiency at code conference

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 appears to beat Amazon in race to buy Signify Health

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.

Snap share surge on plans to cut costs across the board

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.

Chip stocks tumble amid latest US restrictions, affects Nvidia's China business

US chip stocks tumbled Thursday after government officials told them to stop exporting cutting-edge processors for artificial intelligence to China.

6 Undervalued stocks to consider adding to your portfolio in September 2022

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:

Meta stock slide after reporting first-ever revenue decline

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.

HP earnings miss estimates, warns of consumer spending slowdown

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.

Nvidia gives dismal forescast on "challenging" market conditions

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.

Netflix denies reports on pricing for ad-supported tier, still in discussions

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.

Peloton in a race to save itself after weak quarterly results

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.

Musk gets potential boost after whistleblower says Twitter misled US regulators

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 cuts 3,000 jobs as the company shifts its focus to electric vehicles

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 surge on reports Amazon is competing to buy

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 announces leadership reshuffle, union battles continue

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.

Bed Bath & Beyond stock plunges after activist investor files to sell his stake

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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