Grocery chain operator The Kroger Company (NYSE: KR) stock is trading up 4.5% in 2022 far outperforming tech stocks and the benchmark indices. The Company operates approximately 2,800 grocery store and pharmacies under two dozen banners in the 35 states and also sells fuel through over 1,600 centers. The grocery business is what’s been saving […]
Riddle me this, how do you shock investors into a two-day selling frenzy vaporizing (-20%) off your share price and (-30%) off your market cap just after releasing great earnings? Answer, by announcing a cash and stock acquisition paying 50X sales ($20 billion) for a company with $400 million ARR in revenues… and do it
The Inflation Reduction Act (IRA) was signed into law by President Joe Biden on August 16, 2022. The intent of which is to lower inflation by lowering the costs for health, raise funding for the IRS, and funding decarbonization efforts through energy and climate projects reducing carbon emissions by (-40%) by 2030. The climate portion
It will likely take new lows in QQQ for new highs in VXN- and for a new buy signal to emerge. shutterstock.com – StockNews There is a commonality between a three-year old on a family car trip and traders and investors. Both groups want to know “Are We There Yet”. While neither three -year olds
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Have you ever wondered what you would spend money on if you were to win the lottery or suddenly become rich? Due – Due It can be fun to daydream about the possibilities. After all, there’s no telling what wild, exciting things and experiences would be within reach. While most people are likely stressing about
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Tech is constantly changing, with innovation happening practically every day. From app design and fintech to cybersecurity and
Last week, I talked about the likelihood of the S&P 500 (SPY) remaining range-bound due to the mix of bullish and bearish forces. One of the bullish forces was the resilience in earnings which have remained positive (+6% in Q2) despite adverse conditions. Another was the signs showing that inflation may have peaked, and there
With the economy slowing down, you would think that layoffs would be ratcheting up. But that’s not the case. Despite high-profile layoffs at companies such as Netflix, Snap, and Better.com, the national average of layoffs hasn’t changed much in many months, according to the Bureau of Labor Statistics. Economists are citing a phenomenon called “labor
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. The remote working world has made many things easier for people. No more commuting, fewer minutes wasted in