The Internal Revenue Service tweaked its annual tax instructions to account for non-fungible tokens (NFTs), replacing the term “virtual currency” with “digital assets,” which includes NFTs. The move comes as cryptocurrency regulations develop around the world, and some aspects of the market, such as NFTs, are tougher to categorize than others. The rise of NFTs
As the market pulls back, it’s time to go bargain hunting. In fact, some of the biggest opportunities may be found on this list of top metaverse stocks to buy to get rich. According to analysts at Emergen Research, the metaverse market could be worth up to $828.95 billion by 2028. These analysts believe that
2022 was supposed to be a great year for Blue Apron (NYSE:APRN) stock. In December 2021, the firm announced a deal with Amazon (NASDAQ:AMZN) to run on Alexa smart speakers. Analysts were projecting revenues of $535 million for the year and APRN stock was trading at over $6. Fast forward 10 months and little has
After outdoing its recent peaks with a new spike to 7.55% last Thursday, the 30-year mortgage average has retreated almost a third of a percentage point. Today’s National Mortgage Rate Averages Thirty-year mortgage rates came down another five basis points Tuesday, lowering the 30-year average to 7.22%. The flagship average had recorded a new 20-year
Many individuals and families around the world use surrogacy to start a family. Nearly 31,000 Americans had a baby through surrogacy between 1999 and 2013. There are many reasons people choose surrogacy including infertility, health complications, being in a same-sex relationship, or being single. “The average cost of surrogacy for US-based intended parents is $100,000
Two days ago, in our flagship investment research service Innovation Investor, we told subscribers to buy Netflix (NFLX) stock before its third-quarter earnings report. We thought the stock was grossly undervalued ahead of what we felt would be a very strong quarterly print for the streaming giant. Thankfully, we did. Last night, Netflix indeed reported
Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of
I know that saying “This time could be different” is dangerous. But still, when it comes to U.S. stocks, I believe that this time could be different and that the long-awaited (by me, at least) bull market may have begun. As a result, I’m more sure than I’ve ever been during the current bear market
The sign-up bonus for the Chase Sapphire Reserve Credit Card has been increased to 80,000 points. Once earned, cardholders can get up to $1,200 in value from the bonus through Chase or possibly even more through the card issuer’s airline and hotel partners. Key Takeaways Chase has launched a limited-time offer for its Sapphire Reserve
In this article ADBE NFLX NDAQ GNRC TRV PG Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant’s quarterly earnings of $1.57 per share beat estimates by 3 cents with revenue also topping Wall Street forecasts. Results were helped by
U.S. investors have been tentative in investing in Chinese securities of late. That is mainly because of the increased volatility due to country-specific risks and a worldwide economic slowdown. Consequently, many Chinese tech stocks are now trading at a hefty bargain, offering attractive entry points for traders and investors. Over the past couple of years,
Have you ever considered owning a dry-bulk shipping stock? If you can tolerate some volatility, then consider taking a look at Eagle Bulk Shipping (NASDAQ:EGLE) stock. This gets a “B” rating as the result of Eagle Bulk’s growing fleet and generous dividend payments. Plus, as we’ll discover, Eagle Bulk’s financial stats demonstrate notable improvement. If any
The U.S. Department of Labor recently proposed a key rule change that may hurt gig economy stocks. This update will make it tougher for gig employers to treat their workers as independent contractors. In many cases, these companies will be forced to categorize some of their workers as employees. There’s a reason for this rule
If you think ChargePoint Holdings (NYSE:CHPT) stock will make a quick return to a full charge, think otherwise. Given the market’s current sentiment for growth stocks, especially growth stocks that went public via a special purpose acquisition company (SPAC) merger, CHPT stock is likely to continue languishing in the near term. Yet if you’ve been
Technology stocks have been battered and bruised in 2022, with the Nasdaq down 32% year to date. As bad as that is, semiconductor stocks have easily outpaced the downturn in the broader tech sector, with the PHLX Semiconductor Index falling 44% so far this year. However, unlike some high-flying tech stocks that had no basis for
In general, the last quarter of the year is good for equity markets. However, it’s too early to assume that the markets are automatically headed higher. From the perspective of most investors, Q4 is set up to provide both opportunities and challenges. The upside is that the best time to look for stocks to buy
Look no further than a market downturn when searching for the best buying opportunities. Investors looking at a historical chart of the S&P500 and pinpointing the best buying opportunities, it’s almost guaranteed that most of the best buying opportunities come during a bad market downturn or a recession. Thus, historically-speaking, now is an excellent opportunity
Key Takeaways United Airlines’ load factor came in above analyst predictions and at its highest level in at least six. Load factor measures the percentage of an airline’s seating capacity that is filled with paying passengers. Strongly rebounding travel demand overcame a cooling economy to boost earnings and revenue above analyst expectations. Source: Predictions based
Key Takeaways Netflix reported Q3 2022 earnings per share (EPS) of $3.10, far ahead of analysts’ predictions. Global paid streaming memberships also surpassed analyst expectations. The number of global paid streaming memberships represents how Netflix generates most of its revenue. Source: Predictions based on analysts’ consensus from Visible Alpha Netflix (NFLX) Financial Results: Analysis Shares of
For all the cannabis sector’s promise and growth potential, not much has stirred it market-wise apart from a, shall we say, blunt drop. But, today, I have three bullish cannabis stock predictions for the upcoming year. Currently, the cannabis market is regulated by states, creating a patchwork of regulations. Cannabis investors have long held out