Mike Fraietta, the founder of EmpireDAO, recently opened a co-working space for crypto entrepreneurs in a graffiti-covered building in Lower Manhattan. The cryptocurrency market has been in a meltdown. Digital currencies, along with other blockchain-based properties, have plunged in value, lending credence to skeptics who have regarded the crypto phenomenon as a fad. But crypto…
Month: May 2022
Millennials and Their Money: Local advisors talk financial factors unique to those under 50
In Banking/Finance , Issue 2022 June At this point, millennials are the biggest adult generational cohort in the world. And while the baby-boom generation may have been the largest in American history, census data shows that millennials actually surpassed boomers as the largest living generation in the United States sometime in 2019. As the generational…
5 Best Stocks with High Growth Potential to Invest in Now
After falling for seven straight weeks, the stock market finally saw some relief last week. Stocks with high growth potential are catching a bid from investors as they look to scoop up cheap shares. Despite many calls for a bear market, the market rallied after last week’s Fed minutes. Will the rally turn into a…
Why It Makes Sense That Apple Is Warren Buffett’s Largest Holding
There’s a lot to love about this Berkshire Hathaway holding. Investors can’t seem to get enough of Warren Buffett and his investing strategy. After all, the Oracle of Omaha is one of the most affluent investors of all time, as evident by the success of his multinational holding company, Berkshire Hathaway ( BRK.A 2.10%)( BRK.B…
Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry…
2 Top Nasdaq Stocks the World’s Best Investors Were Buying Last Quarter
Top fund managers were piling into these beaten-down growth stocks in the first quarter. With many top stocks on sale right now, every investor needs to know about one of the best-kept secrets on Wall Street. Within 45 days of the last day of the previous calendar quarter, professional money managers who oversee $100 million…
A good tale can tempt us to forget the truth about markets
People walk past the New York Stock Exchange in New York City. Article content One thing stock markets are extremely good at is storytelling. Every bubble, every shift in market sentiment, comes with a good yarn. You could even characterize a market as a story competition: the best one gets to provide the framework for…
Stock Market Sell-Off: Down 54%, This Potential Growth Play Is a Steal Right Now
This company is making the most of a secular growth opportunity. Shares of Chewy ( CHWY -3.58%) have shed 54% of their value in 2022 amid the stock market sell-off as investors pressed the panic button on account of macroeconomic headwinds and the company’s poor run of results in recent quarters. The online retailer of…
7 Red Flags for Snowflake’s Future
The cloud-based data warehousing company faces a lot of challenges. Snowflake ( SNOW 2.45%) posted its first-quarter earnings report on May 25. The cloud-based data warehousing company’s revenue rose 85% year over year to $422.4 million, which beat analysts’ estimates by $9.4 million. Its net loss narrowed from $203.2 million to $165.8 million, but its…
3 Stocks Wall Street Thinks Could Triple Your Money or Better
This has been a rough year to be a growth stock investor. The iShares S&P 500 Growth index has been beaten down by around 22% and many of its components have lost more than half their value in 2022. When most people see trouble they tend to run first and ask questions later. On Wall…
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