What do companies as diverse as Twitter (TWTR) , Tesla (TSLA) , Netflix (NFLX) , Coinbase (COIN) , Snap (SNAP) , Shopify (SHOP) , Oracle (ORCL) and Crypto.com have in common? After many months of strong hiring, all have laid off workers in the last years. The problem has been particularly acute in the tech industry,…
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…
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.…
Lagging indicators are economic metrics that use backward-looking data. mashabuba fromGetty Images Signature; Canva ContentsWhat Are Lagging Indicators? How Do They Differ From Leading Indicators?Examples of Leading Indicators vs. Lagging Indicators Are Interest Rates a Lagging Indicator? Is Inflation a Lagging Indicator? Is Unemployment Leading or Lagging? Which Indicators Are Not Lagging? What Are Lagging…
Of all the products and services that Elon Musk and his various companies provide, Starlink, the secure satellite internet access service, has in recent months become globally prominent. Now available in all continents, Starlink has become a window on the world for people living in dictatorships, in countries that have been devastated by natural disasters,…
Addressing recent predictions that the U.S. economy is headed for recession, President Joe Biden maintains that it is not inevitable. Biden made an appearance on CNN in an interview with Jake Tapper Tuesday. “I don’t think there will be a recession,” Biden said. “If it is, it will be a very slight recession. That is,…
Energy drinks occupy a unique space in the beverage category. They’re not just something people drink for pleasure or to get hydrated, they may also fill those roles, but they also make promises about helping athletic performance, recovery, and even weight loss. To say those claims are dubious at best puts it mildly, but the…
Recently, Market Rebellion identified a series of massive bearish bets being made against EV darling, Tesla. It started just two weeks ago, on September 29th. Market Rebellion identified 4,171 bearish put spread spreads bought at the $260-$240 range for $5.98 per spread. Source: Market Rebellion Unusual Options Activity Total trade price: $2.5 million dollars. At…
Shutterstock Let’s not beat around the bush – what you’re here to find are the latest and best lightning deals to buy during the Amazon Prime Early Access Event. During this 48-hour event, beginning on Oct. 11 and running through Oct. 12, we’ll be rounding up the most unique short-lived deals on Amazon (AMZN) . Lightning…
Reassuring internally and externally. This is the mission that Ulrich Körner set for himself at a time when Credit Suisse, founded in 1856, is going through one of the most difficult and painful periods in its history. Körner, who took over as CEO last August, wants to give the impression that all is well, that…





