Category archives: Stocks

Food and drug retailer Albertsons (ACI) reported stellar second-quarter earnings, and the company has guided solid growth in the upcoming quarters. Moreover, ACI’s merger agreement with Kroger (KR) is expected…

Broadcom (AVGO) shares have been on a downtrend this year amid the broader tech selloff. However, Wall Street analysts are bullish on its near-term prospects, given its solid fundamentals. They…

Although the stock market has been under pressure this year, many believe bulls will overtake the bears in 2023. Moreover, the U.S. economy’s third-quarter GDP surpassed growth estimates, easing recession…

Though the U.S. economy bounced back after shrinking in the first half of the year, falling consumer spending and the rate hikes to tame high inflation might lead the economy…

Since various headwinds, including high inflation and interest rate hikes, are expected to impact technology earnings in the third quarter significantly, investors are advised to steer clear of shares of…

With Americans cutting back on their shopping, big box retailers face overstocking issues. However, the upcoming holiday season might help them make a comeback. Therefore, investors could consider adding fundamentally…

Despite the Fed’s aggressive rate hikes, inflation is nowhere near its target level. Moreover, experts believe it might be a while before inflation comes down from the levels seen this…

Although Norwegian Cruise Line (NCLH) saw bookings surging in the early months of this year, it is yet to achieve pre-pandemic occupancy, which looks difficult to achieve in the near…

House Speaker Nancy Pelosi’s husband, Paul Pelosi, recorded a significant loss by selling call options of chip stock NVIDIA (NVDA) last month. NVDA is currently facing several headwinds, which are…

Gloomy earning guidance halted the S&P 500’s three-day winning streak. Moreover, a recession seems apparent as the U.S. economy battles sky-high inflation, aggressive rate hikes, and geopolitical headwinds. With the…