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Stock Market News for Aug 8, 2022

4 years 3 months ago
U.S. stocks closed mostly lower on Friday in a volatile trading session as a stronger-than-expected jobs report reignited fears that the Fed would continue to aggressively increase interest rates in a bid to control rising inflation. The S&P and Nasdaq ended in negati

3 Reasons You Should Own Individual Stocks Over ETFs

4 years 3 months ago
If you've ever stumbled into financial TikTok, you've likely come across all sorts of unsubstantiated investment advice (among the occasional informative video). These videos are usually conveniently preluded with "this is not financial advice" right before they give you some ter

3 Robinhood Stocks to Buy and Hold Forever

4 years 3 months ago
While "Robinhood (NASDAQ: HOOD) investors" burst onto the scene during the meme-stock frenzy that propelled names like Gamestop to astronomical heights, many of these investors seem to be refining their approach over time. When perusing the most popular stocks on Robinhood, one c

Is It Too Late to Buy These 2 Stock Split Stocks?

4 years 3 months ago
Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into sma

The 1 Reason Amazon May Not Be a Buy Right Now

4 years 3 months ago
Amazon (NASDAQ: AMZN) just had a great quarter, and its stock is rising as a result. Although shares are still down 16% year to date, Wall Street expects the e-commerce giant to keep growing because its business model seems to show resilience even during recessionary times.

Is MercadoLibre Stock a Buy Now?

4 years 3 months ago
MercadoLibre's (NASDAQ: MELI) stock price surged 16% on Aug. 4 after the Latin American e-commerce and digital payments giant posted its second-quarter earnings report. Its revenue rose 52% year over year (56.5% on a constant currency basis) to $2.6 billion, which beat analysts'
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