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Stock Market News for May 20, 2022

4 years 5 months ago
U.S. stocks gave up early gains in a volatile trading session to end lower on Thursday, as investors feared that the Fed’s aggressive stance to hike rates in order to fight surging inflation could push the economy into recession. This saw the S&P 500 inching closer to

Looking for the Next Tesla? There Won't Be One

4 years 5 months ago
Tesla (NASDAQ: TSLA) has taken the market by storm in just a few short years. The electric-vehicle (EV) stock is up nearly 2,000% in the last few years as the company went from a cash-burning niche player to the leader in the biggest transition in automobiles in a century. EVs

Buy Apple Stock for Resiliency During the Tech Sell-Off

4 years 5 months ago
The stock market has been a circus show in recent history, due to record-high inflation levels, the Fed's decision to raise interest rates in response, and lingering concerns in connection to the war between Russia and Ukraine. Consequently, the S&P 500 and Nasdaq Composite h

Opinion: These Will Be the 3 Largest Stocks by 2030

4 years 5 months ago
In theory, a company's market capitalization shouldn't matter to investors. A stock's prospects are largely relative to its past. A smaller size simply means fewer people can feasibly plug into that progress. In reality, however, it seems bigger companies are able to grow more th

Peloton CEO Says 100 Million Members Is the Goal

4 years 5 months ago
When Peloton (NASDAQ: PTON) reported its fiscal 2022 third-quarter financials (ended March 31) on May 10, unsurprisingly, investors were immediately disappointed with a 23.6% revenue decline and a net loss of $757 million. Struggling to regain solid footing amid softer demand is
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