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Stocks

“1 Magnificent Dividend Stock Down 27% to Buy Right Now Near a Once-in-a-Decade Valuation”

“Unilever (NYSE: UL) is a consumer goods juggernaut that owns some of the world’s most recognizable brands, including Dove, Axe, Vaseline, Knorr, and Ben & Jerry’s… This stock is down 27% from its all-time highs, trading at a once-in-a-decade valuation, and paying… Continue Reading…

Economy

“Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice”

“Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports after the Port of Baltimore was shut down in response to the collapse of the city’s… Continue Reading…

Stocks

“2 Stocks Down 73% and 83% to Buy Right Now” [Article Claims]

“…SoFi stock: Down 26% this year and 73% from its high… SoFi’s revenue increased 35% year over year to $615 million in the fourth quarter, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 159% to $181 million.… Continue Reading…

Business

“Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant”

“…The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out… Continue Reading…

Stocks

“A Bull Market Is Here: 2 Magnificent Stocks Down 80%…”

“…Adria Cimino (Intellia Therapeutics): Intellia stock has dropped more than 80% below its high over the past three years, even as this CRISPR gene-editing specialist moves closer to the finish line with its lead candidates. And this could offer bargain-hunting investors looking for… Continue Reading…

Stocks

“Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?”

“… Ark holds positions in Zoom through its exchange-traded funds (ETFs), and analysts there believe the stock could soar about 2,100% by 2026. Although Zoom has some interesting applications, I question Ark’s long-term price target. With the stock down 88% from… Continue Reading…

Stocks

“Why is the stock market down? Dow drops as Treasury yields near highest level since 2007”

“… Why is the stock market down today? When bonds are paying so much more in interest, they pull investment dollars away from stocks and other investments prone to bigger swings in price than bonds. High yields also make borrowing… Continue Reading…

Economy

“The hidden price of eggs: How high costs may trickle into other foods”

“Consumers are paying record prices for eggs. Beyond the sticker price for a dozen eggs, there’s also a hidden expense to the soaring costs. Elevated egg prices are trickling into food items across the grocery store — namely those in… Continue Reading…

Stocks

“Lyft stock is getting punished, down more than 35% after weak guidance”

“Shares of Lyft fell more than 35% when markets opened on Friday, a day after the company reported guidance for its first quarter of 2023 that fell short of analyst expectations. The company expects to make about $975 million in… Continue Reading…

Business

“Bed Bath & Beyond defaults on credit line, warns it can’t pay down debts”

“Bed Bath & Beyond said Thursday it doesn’t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy. Shares of Bed Bath plunged Thursday afternoon,… Continue Reading…