With inflation showing signs of slowing, Americans should have more money to spend on products from e-commerce companies. In addition, China’s decision to ease its lockdowns should boost the Asian country’s economy in 2023. As a result, consumers in that country should have more money to spend on e-commerce products as well, making some Chinese e-commerce…
Tag: NASDAQ:ETSY
New Digital Puppy Floki Inu Has a Long Way To Go on Road to Reliability
Floki Inu (CCC:FLOKI-USD) has become the latest crypto inspired by Elon Musk, CEO of Tesla (NASDAQ:TSLA). FLOKI-USD soared around 300% in the past month, hitting a record high of $0.000342 on Nov. 4. Source: Shutterstock In other words, if you had put $1,000 in FLOKI in early October, your investment would now be worth around…
7 Social Media Stocks to Buy on the Heels of the Dead Pinterest Deal
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…
Is ContextLogic Setting Up for a Massive Squeeze or Total Disappointment?
ContextLogic (NASDAQ:WISH) has been hammered from its highs, but WISH stock has shown promise lately. On Oct. 19, it rallied 5.5% and on Oct. 20, it followed it up with a rally of 14%. Granted, the stock remains more than 80% below its all-time high from earlier this year. However, it’s making strides at recovering…
7 S&P 500 Stocks to Buy for Growth and Value
There’s nothing better than finding a great combination of growth and value in a stock. Unfortunately, it’s usually one or the other — a tradeoff depending on the situation. This tradeoff isn’t always the case though, and some S&P 500 stocks have a unique combination of both traits. It allows investors to relish in the…
Major Earnings Results from This Week
Last week was another busy earnings week for Wall Street, with many well-known companies releasing their most-recent results! In today’s Market360, let’s review some of the highlights. Source: Shutterstock Moderna (MRNA) Moderna (NASDAQ:MRNA) released its second-quarter earnings on Thursday. Earnings of $6.46 per share beat analysts’ expectations of $5.86. Revenue of $4.35 billion topped analysts’…
3 Stocks to Buy on Dips When Markets Make Mistakes
The earnings seasons are usually cherry patches for finding bargain stocks to buy. The immediate reactions to those events are binary. This is a simple concept that most investors refuse to accept. I am constantly in this debate when I hear traders try to guess direction based on results prospects. Let me present you proof positive…
Big Tech Is Dead. It’s Time to Buy These New Tech Stocks.
China’s Big Tech crackdown is a very serious action that has me thinking about this country’s own Big Tech landscape… Particularly, it got me thinking about Big Tech’s U.S. dominance… Is Big Tech really untouchable? Are they really these enormous monopolies that have no chance of being overthrown? My answer is simple: No. Not at…
7 Potential Stocks for Elon Musk’s Buy List
Elon Musk, founder of Tesla (NASDAQ:TSLA), has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks. When Musk makes his comments,…
7 Growth Stocks to Buy and Hold for a Golden Retirement
The last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of…
Reddit: The Best Thing Since Sarbanes Oxley
Time to come clean. Source: Shutterstock / TY Lim When GameStop (NYSE:GME) hit $480 back in January, I found it funny watching Wall Street analysts trying to make sense of it all on CNBC. How could a money-losing mall retailer be worth as much as profitable firms like Etsy (NASDAQ:ETSY) or Clorox (NYSE:CLX)? Yet, the…
The Continued Weakness of Etsy Stock Is an Opening
Etsy (NASDAQ:ETSY) was one of those companies that investors loved during the pandemic. After basically treading water in 2019, the company’s shares saw massive growth last year. With online shopping surging during the pandemic, ETSY stock posted gains in the triple digits for 2020. Source: quietbits / Shutterstock.com After peaking at an all-time high of…