Stock Market Outlook: Focus on global trends; may face volatility amid derivatives expiry – What analysts predicted

zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use.  This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit zeenews.india.com websites that posts a link to this … Read more

Collapse of Carvana, the ‘Amazon of Used Cars’, Continues

The sky is not clearing up for Carvana.  On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth.  Since announcing its quarterly results on Nov. 3, Carvana  (CVNA) – Get Free Report shares have lost 44% of their value and … Read more

Elon Musk Has a Very Bad Surprise for Tesla Shareholders

The fears of Tesla  (TSLA) – Get Free Report shareholders and fans are confirmed.  Elon Musk, the CEO of the famous manufacturer of premium electric vehicles, is paying a hefty price for his acquisition of Twitter  (TWTR) – Get Free Report.  And unsurprisingly, Tesla is paying the price. The billionaire has just sold 19.5 million shares … Read more

Cathie Wood Strikes Gold on Bitcoin Investment

Cathie Wood’s exchange-traded funds (ETFs) may have hit the skids, but she has crushed it on bitcoin. The Ark Investment Management CEO bought $100,000 worth of bitcoin when it traded at $250, she told The What Bitcoin Did Podcast. As of Oct. 24 that would be worth $7.7 million. Wood bought on the influence of … Read more

‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low

The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief economist and strategist of Toronto-based Rosenberg Research & Associates Inc. His sobering outlook last May echoed his thinking from March 2022, when he … Read more

Is AT&T Stock Finally a Buy? The Chart Hints at the Answer.

Shares of AT&T  (T)  are enjoying a strong post-earnings reaction on Thursday, up about 10% at last check. The company delivered an earnings and revenue beat. Further, it raised its full-year adjusted-earnings outlook to $2.50 a share or higher from a prior range of $2.42 to $2.46 a share. That’s vs. consensus estimates of $2.55 … Read more

Ark’s Cathie Wood Continues to Stumble

It’s been a rough 2022 for famed money manager Cathie Wood, chief executive of Ark Investment Management, as her exchange-traded funds sink. Wood’s flagship fund, Ark Innovation ETF  (ARKK) , plunged 64% year to date through Oct. 14, hitting a five-year low. Ark Innovation has tumbled 79% from its February 2021 record high. Soaring interest … Read more

Berkshire, Nike Among Best Stocks to Own: Morningstar

With the S&P 500 dropping 25% year to date, you may be looking for buying opportunities in the stock market. Morningstar came up with a list of the “best companies to own.” The companies are ones to which Morningstar analysts assign a wide moat. That means the analysts think they have competitive advantages that will … Read more

Apple or Amazon Could Buy These Two Pandemic Stock Darlings

The pandemic created perfect growth conditions for a variety of companies. Some simply added a lot of customers that would have eventually found their product anyway. That’s what happened with the Disney+ streaming service for example. People being stuck at home led to meteoric growth, but Walt Disney probably would have eventually captured those customers. … Read more