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Summary Apple continues to trade at a premium to its peers and the broader market despite looming macro headwinds that will likely hit consumer sectors hardest. With the recent return of COVID lockdowns in key production hubs in China, and deteriorating purchase power in the retai...
Skyrocketing stocks are probably not on the minds of many investors at this juncture. Many onetime highfliers have lost most of their value, and some of these stocks may still need to find a bottom. But that massive decline could form a base from which the growth stocks of tomorrow can ...
A bear market is defined by a decline in the value of a financial asset or index of 20% (or more). Right now, the Nasdaq-100 technology index is down by 29% in 2022 so far, and if the year ended here, that would be its worst performance in the last decade. In fact, it would be the steep...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I believe that every investor should have a portfolio that’s divided into two segments. The core portfolio should have stocks that are worth holding for the long term. A dynamic portfolio can be focused on an event-b...
Summary Pinterest, Inc.'s uneven performance after coming public in April 2019 is consistent with the company's natural growth. It has effective long-term initiatives that will allow Pinterest to flourish in its maturity phase and maintain its competitive edge. Despite the dec...
Many companies are struggling under the weight of economic pressures such as inflation. What's more, things could get even worse within the next year: We may or may not enter a recession in the next 12 months, and further interest rate increases could harm corporations' bottom line. It's ha...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market is languishing near its 52-week lows, and it’s an ideal time to look for growth stocks to buy at a discount. Following recent inflation numbers and another 75 basis-point hike in interest ra...
Social media stocks got shelled this earnings season as growth rates slowed across the board, but there was one exception to the rule. While Meta Platforms and Snap fell sharply on their respective earnings reports, Pinterest (NYSE: PINS) jumped almost 14% last Frida...
Pinterest (NYSE: PINS) stock has been a disaster for any shareholders who bought it during or after the summer of 2020 and held on. For shareholders who bought during the nearly one-year stretch between its early 2019 IPO and the start of the pandemic, things look slightly better --...
On Oct. 27, image-sharing platform Pinterest (NYSE: PINS) reported financial results for the third quarter of 2022, and Wall Street loved it. Stifel analyst Mark Kelley said that the company's results were "a rare bright spot thus far through earnings season," according to ...
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2024-07-28 05:59:00 ET On July 19, The Wall Street Journal reported that activist investment firm Elliott Investment Management had purchased a sizeable (but unspecified) stake in coffee giant Starbucks (NASDAQ: SBUX) . Over the last five years, Starbucks stock is down almost 16...
Pinterest (NYSE: PINS) is gearing up to share its financial achievements and challenges for the second quarter of 2024 on July 30th, 2024, after the stock market closes. This announcement is highly anticipated, as it provides investors and stakeholders with a snapshot of the company’...