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After years of astounding growth, Amazon (NASDAQ:AMZN) is currently out of favor among investors. Some traders reacted negatively to Amazon’s third-quarter 2022 earnings report. Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach
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To say the Covid-19 vaccination wave in 2021 moved the needle for Pfizer (NYSE:PFE) stock is an understatement. Revenue nearly doubled thanks to its vaccine candidate (Comirnaty), which the pharma firm co-developed with BioNTech (NASDAQ:BNTX). PFE stock performed strongly as well during this timeframe. So far in 2022, however, Pfizer’s performance has been far less
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At long last, after taking a beating all year long SoFi Technologies (NASDAQ:SOFI) stock had a good day. On Nov. 1 share shot higher after SoFi released its third-quarter 2022 financial results. Yet, those gains were quickly coughed up as SOFI stock retreated over the next couple of days. Investors must ask themselves: Why did this happen, and
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Once considered to be a cash cow for investors, finding semiconductor stocks to buy and hold can be daunting these days. The iShares Semiconductor ETF (NASDAQ:SOXX), an exchange traded fund that holds 30 leading semiconductor stocks, is down more than 35% so far this year as a chip shortage continues to stress the industry. But if you’re a
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In this article BROS VCSA COIN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Source: NYSE Check out the companies making headlines in midday trading Thursday. Coinbase – The cryptocurrency exchange was up 9.6% after Oppenheimer said Coinbase was well-positioned while the larger sector was
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With macroeconomic trends becoming much more favorable and many growth stocks trading at depressed levels, there are several reasons to believe that growth stocks will soon rally. As a result, longer-term investors should look for growth stocks to buy at this point. Among the favorable macro trends are China’s reopening, impending U.S. government stimulus in
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In this article ARKK Follow your favorite stocksCREATE FREE ACCOUNT Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Lauren Justice | Bloomberg | Getty Images Cathie Wood’s flagship ARK Innovation ETF staged a dramatic relief rally Thursday
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Cash is king. Cash lets companies grow through hard times, which is vital in technology. What investors forgot in 2022 is that tech has always been a boom-and-bust business. If you’re making computer chips or building clouds, you have enormous capital needs. You must invest through the business cycle. Cash is how you do it. So,
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How far could a $100 wager on Baidu (NASDAQ:BIDU) stock take you? In the short term, don’t expect huge gains, as traders are still nervous about Chinese President Xi Jinping’s consolidation of power. They’re anxious about the nation’s strict Covid-19 policies as well. Yet, Baidu shares have lost so much value that there seems to
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