Tesla (TSLA) – Get Tesla Inc. Report is planning to split its stock 3-for-1 according to a regulatory filing late on June 10, but something has to happen first. The electrical vehicle maker made the move for a couple of reasons, according to the proxy filing with the Securities and Exchange Commission. First, “we believe … Read more
With the broad equity market under pressure in recent months, telecommunications stocks might offer a safe haven. “Telecom stocks looked boring when markets were willing to pay anything for growth stocks versus value,” Bank of America analysts wrote in a commentary. “As growth stories run out of steam and valuations get revised lower, we believe … Read more
Shares of Amazon (AMZN) – Get Amazon.com, Inc. Report have spent most of the year down in the dumps, as it suffered a peak-to-trough decline of 46%. That, however, has not been the case lately. The stock is up about 2.5% on Thursday and is currently riding a six-session win streak. Amid that stretch, Amazon … Read more
The market crash has driven stocks into a bear market panicking many investors as strong companies with solid results see their shares tank. It’s a market that seems to have no safe havens as the vague specter of inflation has cast a dark shadow over the entire market, but pandemic stocks, technology companies, and the … Read more
We’m not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s important to note that the stock market is not the economy. We’re not on the cusp of the next Great Depression. Instead, we … Read more
Crypto investors no longer know where to turn. Crypto pricing is now correlated with the stock market, which means that, as the saying goes, when the stock market coughs, digital-currency prices catch pneumonia. This has persisted this year due to fears of recession. That concern in turn has been fueled by inflation, which is at … Read more