Although geopolitical tensions seem, Alibaba Group Holding Ltd. to be in a good place as China continues its economic recovery from COVID-19. Alibaba reported fiscal revenue in the first quarter Thursday morning. Alibaba BABA, + 0.40% already saw volume growth equal to pre-pandemic levels when it last hit investors in …
Read More »Buy in Europe, where stocks have ‘become brutal’, says fund manager
Three things have led Systelligence CEO Kevin Miller to move money from his fund management company to European equities and away from U.S. equities: The decline in the dollar, the underperformance of European equities this year compared to the US, and expected volatility copy in the elections in November. The …
Read More »Weekends Read: After Tesla and Apple come more stock splits and they can help you make money
When companies’ share prices move very high, some consider sharing the shares so that the lower prices will attract more investors. This can be a positive for long-term equity performance. Tesla Inc. TSLA, + 1.83% will split its stock 5-for-1 on August 31 and Apple Inc. AAPL, -0.08% will complete …
Read More »Analyzes of Uber’s ride healing are ‘a mess’, and the front is sputtering
Uber shares fell Friday after the company’s second-quarter results released Thursday. INDRANIL MUKHERJEE / AFP via Getty Images The shares of Uber Technologies Inc. resigned Friday because concerns about the negative effects of the COVID-19 pandemic on the company’s business seem to be pending in hopes of its booming food …
Read More »Facebook stock spikes will be recorded as boycott of featured advertisers scares no one
Amid a global pandemic, some of the world’s largest advertisers said they would boycott Facebook Inc., which gets almost all of its money from online ads. It would be reasonable to think that this would lead to difficult times for Facebook’s business and actions. But that was not what happened …
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