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Stock Market News For Today August 23, 2021

5 years 1 month ago
Stock Futures Edged Higher Ahead Of Economic DataU.S. stock futures are ticking higher after a volatile week on Wall Street. Investors are eagerly eyeing the Jackson Hole symposium for clues. The event, which takes place from the coming Thursday to Saturday, could provide a hint

This Growth Stock Could Triple by 2026

5 years 2 months ago
Since August of 2018, the S&P 500 has surged 55%, meaning investors have seen a windfall of roughly 15% per year. Even so, that performance pales in comparison to that of Sea Limited (NYSE: SE), an international holding company that operates in Southeast Asia. Over the same p

2 Dirt Cheap Stocks That Could Skyrocket

5 years 2 months ago
The stock market is taking a breather after its barn-burner performance over the last 17 months. Having effectively doubled in value since the low point it hit in March 2020, the S&P 500 has routinely set new record highs over this period.

3 Reasons to Buy Tencent, and 1 Reason to Sell

5 years 2 months ago
Tencent (OTC: TCEHY) posted its second-quarter earnings on Wednesday. The Chinese tech giant's revenue rose 20% year over year to 138.3 billion yuan ($21.3 billion), meeting analysts' expectations but decelerating from its 25% growth in the first quarter. Its adjusted net income

Is Bilibili Stock a Buy?

5 years 2 months ago
Bilibili's (NASDAQ: BILI) stock price slumped to its lowest levels this year after the Chinese tech company posted its second-quarter earnings on Thursday, Aug. 19. Its revenue rose 72% year over year to 4.46 billion yuan ($696 million), beating estimates by $33 million. Its non-

Yet Another 2 Reasons to Avoid Chinese Stocks

5 years 2 months ago
In the early 20th century, one of the best-performing stock markets in the world was that of Imperial Russia. For decades, stocks on the St. Petersburg Stock Exchange far outperformed those on the New York Stock Exchange, and it wasn't even close. However, when the Bolsheviks too

Why Chinese Tech Stocks Got Walloped This Week

5 years 2 months ago
What happened It was another rough week for Chinese tech stocks, as signs of tightening regulations continued to cause investors to sell the sector. Their reasoning was that the potential of another crackdown like the one the education sector faced was too great.
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