After Snap Inc. shares initially sank in the news of its second-quarter results on Tuesday, they recovered quickly once analysts read the fine print and dug deep into the numbers. Quarterly losses increased, but so did daily active users and revenue, with strong indications that the current quarter is shaping …
Read More »Gold rises to all-time high, silver rises further as tensions between the United States and China rise
Gold and silver rose further on Wednesday, after China said the United States ordered it to close its Houston consulate, signaling a further increase in tensions between the two countries and sparking demand for safe-haven assets. “Gold attracts flows when real interest rates compress and when political tensions increase, making …
Read More »This could be ‘the worst time ever’ to stack on these stocks, but investors are still doing it anyway.
Two of the most reliable patterns in investing, according to Servo Wealth Management CEO Eric Nelson: stocks outperform bonds, and low-priced stocks outperform higher-priced growth. Stocks have delayed their end of the bond deal lately, but value stocks have been losing. It would be prudent for investors feeding off the …
Read More »Disney World guests can no longer eat or drink while walking
Be our guest, with a few exceptions. That appears to be the motto of the Disney World pandemic, as the beloved theme park struggles to keep visitors safe and socially aloof, while providing a fun and memorable experience after a partial reopening on July 11. Some restaurants and attractions remain …
Read More »Analyst says IBM stock earnings after earnings exceed, but “really important things” could be better
Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
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