The debate over whether artificial intelligence (AI) is humanity’s greatest threat or greatest hope has reached a fever pitch, and everyone seems to have an opinion. A recent survey from Maveron and A/B Consulting found that Americans are nearly evenly split on the matter: 37% of consumers are excited about AI, while 40% are fearful.… Continue reading Humans Invented AI and We Will Determine Its Fate
Big Money Is Chasing Sports Collectibles: Investing Opportunity or Market Top?
When approaching the sports collectibles market as a potential investment strategy, it is imperative to enter with eyes wide open and invest only what you can afford to lose. It can be risky, valuations can fluctuate substantially, and the timing of any purchase or sale will ultimately determine long-term success. Sports memorabilia has been changing… Continue reading Big Money Is Chasing Sports Collectibles: Investing Opportunity or Market Top?
Stock Market Today: Stocks Close Mixed Ahead of July Jobs Report
Stocks spent most of Thursday morning in positive territory as investors cheered the latest inflation data. While the indexes ran out of steam around lunchtime, a mid-afternoon rally brought them off their session lows, and put a cap on what’s been a very tough month for the equities market. The Bureau of Economic Analysis… Continue reading Stock Market Today: Stocks Close Mixed Ahead of July Jobs Report
Chewy Says People Are Now More Discerning on Where They Shop
Chewy (CHWY) beat second-quarter sales and earnings expectations and said it believes high inflation is causing pet store customers to become more discerning on where they shop. For the quarter ended July 30, Chewy reported earnings with net sales growth of $2.78 billion, up 14.3%, and adjusted net income of $63.3 million, up 1.9%, compared… Continue reading Chewy Says People Are Now More Discerning on Where They Shop
Valuation Metrics That Will Make You a Better Investor
Enterprise value. Earnings before interest and taxes. Free cash flow. Weighted thingamajig foofaraw. Okay, we made up that last one. But there are scores of investing jargon and calculations — many with off-putting acronyms — that investors can use to shed light on a stock’s valuation and outlook. Most investors are familiar with a few… Continue reading Valuation Metrics That Will Make You a Better Investor
5 Monopoly Stocks At the Top of Their Game
Monopolies in the commonly accepted definition of the word are rare these days compared to their presence during the 19th and 20th centuries. First, industries are more complex. Second, the Federal Trade Commission (FTC), formed in 1914, has more teeth, though it has suffered some high-profile losses of late such as with the Microsoft (MSFT)/Activision… Continue reading 5 Monopoly Stocks At the Top of Their Game
Stock Market Today: Stocks Close Higher After ADP Jobs Data
Stocks closed higher Wednesday as investors cheered another bad-news-is-good-news reading on the labor market. However, enthusiasm was contained after a separate economic report stirred up recession fears. Ahead of the opening bell, ADP said the U.S. added 177,000 private payrolls in August, well below the 200,000 increase expected by economists and the downwardly revised… Continue reading Stock Market Today: Stocks Close Higher After ADP Jobs Data
Stock Market Today: Stocks Rise for Third Straight Day; Bitcoin Pops on SEC News
Stocks closed higher Tuesday as investors cheered some bad-news-is-good-news jobs data. Sentiment also got a lift from an outsized rally in tech stocks that was fueled by declining Treasury yields and a round of bargain hunting. Shortly after the opening bell rang, the Bureau of Labor Statistics said job openings fell by 338,000 in… Continue reading Stock Market Today: Stocks Rise for Third Straight Day; Bitcoin Pops on SEC News