Analysts say CrowdStrike (CRWD (opens in new tab)) is a buy on the dip after shares in the cybersecurity company lost more than 20% of their value at one point in early Wednesday trading. CrowdStrike, which provides cloud-based (opens in new tab) data protection, threat intelligence and security services, posted third-quarter results late Tuesday that… Continue reading CrowdStrike Stock Is a Screaming Buy, Wall Street Says
ADP: Hiring Slows in November to a Nearly Two-Year Low
A private reading of business hiring fell in November to the slowest pace in nearly two years, raising the possibility that job growth is beginning to cool in response to hawkish Federal Reserve policy. Businesses added 127,000 new jobs in November, according to a new report by ADP Research Institute (opens in new tab) in… Continue reading ADP: Hiring Slows in November to a Nearly Two-Year Low
Stock Market Today: S&P 500, Nasdaq Close Lower for a Second Straight Day
Stocks opened higher Tuesday after China’s National Health Commission said it would increase COVID-19 vaccinations in seniors after widespread protests broke out over the weekend in response to the country’s zero-COVID policies. Also boosting stocks in early action was the latest S&P CoreLogic Case-Shiller National Home Price Index, which showed home prices fell for a… Continue reading Stock Market Today: S&P 500, Nasdaq Close Lower for a Second Straight Day
These Pricey Short-term, High-yield Bond Funds Are Worth It
The credit markets are so vast that notwithstanding the bloody numbers for 2022, I figure someone, somehow, somewhere must be breaking even or in the plus column managing fixed-income funds. And I found such a guy. Fittingly, David Sherman shares the name of the legendary World War II tank, for he is in the vanguard… Continue reading These Pricey Short-term, High-yield Bond Funds Are Worth It
Home Prices Decline Once Again: What the Experts Are Saying
Home prices declined for a third straight month in September amid a rapidly cooling housing market. The longest streak of monthly declines in a decade comes courtesy of a surge in mortgage rates, which have been fostered by the Federal Reserve in order to halt inflationary pressures across the economy. For the record, the S&P… Continue reading Home Prices Decline Once Again: What the Experts Are Saying
Walmart, BNPL Were Black Friday’s Big Winners
It’s been several days since Black Friday and just hours past Cyber Monday. The consensus for retailers is that it was a good, if not great, start to the end-of-the-year holiday shopping season that culminates on Christmas Eve. The big picture included a record $9.12 billion in online sales on Black Friday, 2.3% higher than… Continue reading Walmart, BNPL Were Black Friday’s Big Winners
9 Hot Upcoming IPOs to Watch for in 2023
The initial public offering (IPO) market has come to a virtual standstill after a boffo 2021. But we might start to see signs of life again in the coming months, with investors preparing for some of the most anticipated upcoming IPOs of 2023 to hit the market. In 2021, the activity was the highest since… Continue reading 9 Hot Upcoming IPOs to Watch for in 2023
The 9 Best Growth Stocks to Buy Right Now
Investors abandoned growth stocks in 2022 due to higher interest rates and a threat of a recession. However, the third-quarter earnings season suggests the anticipated economic slowdown might not be as bad as Wall Street expected. FactSet data shows 26% fewer CEOs using the word “recession” in Q3 conference calls compared to the second quarter.… Continue reading The 9 Best Growth Stocks to Buy Right Now