Shares of the camera and social media company Snap Inc. (SNAP) have plunged 73.3% year-to-date due to the broader tech sell-off and the company’s weak operating performance. Given the company’s lower-than-industry profitability, the stock still looks overvalued at the current price level and might lose further. So, it could be wise to exclude it from […]
The market is expected to remain under pressure with inflation still far higher than the Fed’s target level, consecutive rate hikes, and rising geopolitical issues. Given the increasing odds of a recession, fundamentally weak stocks, DraftKings (DKNG), Carvana (CVNA), and Flux Power (FLUX) are hitting the panic button now. Thus, it could be wise to
While it’s been a good summer for equities in general after a torrid first half of the year, tech titan Apple (NASDAQ: AAPL) is having a particularly sunny couple of months. Since the start of June their shares have rallied more than 30%, effectively reversing the 30% drop they’d been experiencing since March. What had
Opinions expressed by Entrepreneur contributors are their own. Mistakes are the portals of discovery. -James Joyce The most successful people in history often have controversial backgrounds laden with grievous mistakes, from Abe Lincoln and his early-career fiery temperament that landed him in what could’ve been a life-ending duel to Oprah Winfrey, who was fired as
Opinions expressed by Entrepreneur contributors are their own. Outsourcing has been plagued since its inception. Some companies proudly position themselves against it. Others do it on the sly, manufacturing an illusion they do everything in-house. Ignoring the benefits of outsourcing and trying to do everything on your own leaves your business at an enormous disadvantage
Though inflation has declined slightly from the multi-decade high level, the Federal Reserve’s intention to keep raising interest rates until price increases return to its target level could keep the stock market under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks Snap Inc. (SNAP), NIO Inc.
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Opinions expressed by Entrepreneur contributors are their own. Those who are interested in the metaverse know it provides a virtual reality to live, work and play with others. But even those who haven’t fully dived into the pace are scooping up the opportunity to invest and turn a profit in the metaverse by purchasing virtual
The S&P 500 (SPY) rally has taken a breather after hitting the 200 day moving average. It’s certainly possible that we have topped and are immediately headed lower, it’s possible that this dip will resolve higher, and/or we could chop around in a range for some period of time. Given the market’s momentum and our