Source: Ink Drop / Shutterstock.com Snap (NYSE:SNAP) stock is getting buried on Thursday, closing down by more than 8%. At one point, SNAP stock was even down 10% on the day. This decline marks the stock’s lowest level since late October. While shares have not made new 52-week lows since then, the current trend doesn’t…

Source: 24K-Production / Shutterstock.com Many of the tech sector’s most prominent companies have laid off chunks of their staff in recent weeks. Specifically, names like Meta Platforms (NASDAQ:META) and Snap (NYSE:SNAP) have implemented large-scale job cuts as the bear market continues to rage. Now Coinbase (NASDAQ:COIN) is joining the pack. The Coinbase layoffs account for more than…

Copyright © 2022 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Home / Today’s Market / Layoffs 2022: 9 Companies That Have Cut Jobs So Far This Year Tech companies are behind some of the biggest layoffs this year By William White, InvestorPlace Writer Nov 10, 2022, 1:02 pm EST…

Snapchat (NYSE:SNAP) stock fell 35% in 35 days but investors should not worry too much. Although it lost so much and fast, it’s still in good shape overall. Source: dennizn / Shutterstock.com If you look back a year, SNAP stock is up 35% and 280% in two. Clearly, we need perspective to clearly judge the…

If you’re looking to find stocks to buy on the dip, November provides slim pickings. That’s because the markets did well in October. The S&P 500 gained 6.9% last month, bringing its year-to-date return to 22.61%. In addition, the index had five new closing highs in October, bringing the YTD total to 59. Since 1950,…

Poshmark (NASDAQ:POSH) reported earnings that disappointed investors, and POSH stock has plummeted more than 30% as a result. Source: NYC Russ / Shutterstock.com In focus is the fact that the company reported revenue of $79.7 million for the third quarter. That figure is up 16% year over year, but it came in below analyst estimates…

When media reported that PayPal (NASDAQ:PYPL) was potentially in talks to buy Pinterest (NYSE:PINS), shares moved quickly. PINS stock briefly traded over $65, pausing a downtrend that began earlier this year for one of the market’s worst-performing social stocks. On the other hand, PayPal stock prices fell, as companies executing acquisitions usually do. Yet PayPal’s…

Corsair (NASDAQ:CRSR) has some two tough headwinds to overcome. First, CRSR stock is a former meme stock carried on a ride by Reddit’s WallStreetBets earlier this year. At the time though, Corsair had strong fundamentals to justify the rally. For much of the year, Corsair has lost momentum. Source: WDphotography / Shutterstock.com Corsair staged one more…

On Monday night, Facebook (NASDAQ:FB) reported earnings and was the second FAANG holding to do so. Initially, FB stock moved higher on the report, as it wasn’t as bad as some investors had feared.  Source: Ink Drop / Shutterstock.com That fear mostly stems from the report they received last week on Snap (NYSE:SNAP), which plunged…

Vinco Ventures (NASDAQ:BBIG) stock has had a volatile time, but it hasn’t been alone. Source: shutterstock.com/Postmodern Studio Meme stocks have been volatile this last month highlighting the perils of blindly following posts on Reddit. This can be seen clearly using the VanEck Vectors Social Sentiment ETF (NYSE:BUZZ), a fund that tracks the most popular stocks on…

Stock ran to record highs on Monday ahead of what’s guaranteed to be a busy week. Multiple trillion-dollar companies report earnings, while stocks continue to grind higher. Let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Tesla Tesla (NASDAQ:TSLA) stock has been trading well lately, now working on its…

The scoreboard for MicroVision (NASDAQ:MVIS) stock is misleading. Investors should be happy with its year-to-date performance of 73%. After all, this is three times better than the S&P 500. Still, things are not as they seem. In the last 6 months, MVIS stock has fallen off a cliff. Source: temp-64GTX/Shutterstock.com With that reality in mind,…

I hate to pour cold water all over Dogecoin (CCC:DOGE-USD), but the thing is a joke. I mean literally, that’s why it was created. It was started as a joke in the crypto space, and once cryptocurrencies started exploding higher, everything in the group went up. That said, there are many Robinhood stocks that are…

Late in the day on Monday, the stock market bounced from the session lows. Then, on Tuesday, it tried to add to the bounce. But with the Fed just around the corner, bulls aren’t acting too aggressive. With all of that in mind, let’s look at a few top stock trades for Wednesday. Top Stock…

It’s been a while since I’ve written about Pinterest (NYSE:PINS) stock, but it’s not for a lack of interest. Source: Nopparat Khokthong / Shutterstock.com PINS stock caught fire this summer, surging up toward $80. Since then, the stock has been hammered.  A bear market in growth stocks didn’t help matters, but Pinterest was bouncing back…

Robinhood (NASDAQ:HOOD) stock has significant growth potential over the longer term, but the immediate future is a little less rosy. Source: OpturaDesign / Shutterstock.com The valuation isn’t stratospheric and the company recently reported impressive second-quarter results. The problem is that HOOD stock faces risks, particularly in the medium term. As a result, I do not…

The technical behavior of the major market stock indices continues to toe the bullish line. Every dip, however small, is getting snatched up and shows that buyers remain alive and well. Tuesday’s sharp intraday rally off of the 20-day moving average in the S&P 500 is the latest example, and it has prices headed toward…

The high valuation of Vinco Ventures (NASDAQ:BBIG) stock based on the company’s past performance, along with the lack of clarity on a social media asset that it recently acquired, makes BBIG stock too risky to buy or hold at this point. Source: weedezign via Shutterstock As a result, investors should sell the company’s shares at…

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