online services

Are you tempted to buy AMC's new APEs?  Be prepared to lose it all, warns company

Are you tempted to buy AMC’s new APEs? Be prepared to lose it all, warns company

Shares of AMC’s preferred stock, or “APE”, rose 5% on Monday, while the company’s common shares fell 7.5%, after the company disclosed plans to sell up to 425 million additional APE. At current prices, the movie theater chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a …

Are you tempted to buy AMC’s new APEs? Be prepared to lose it all, warns company Read More »

Ces 20 actions du S&P ont dérapé jusqu'à 21,5 % au cours d'une autre semaine brutale pour le marché

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

"She never explained anything": I am an elderly person and I lost $100,000 on the stock market this year.  Can I sue my financial advisor?

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?

I am a senior citizen and I suffered significant losses in the range of $100,000 during the recent stock market turmoil. Can I sue my financial advisor? I understand the dynamics of the market in terms of its ups and downs, and I’ve weathered them before. However, it has been different with the market over …

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor? Read More »

The S&P 500 fell 5% in a very bad week for stocks.  Those 20 lost up to 24%.

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%.

US stocks spat on Friday to end the week in the red. The day’s declines of less than 1% for the broad indices paled in comparison to Tuesday’s, when they fell 4% to 5%. For the week, the Dow Jones Industrial Average DJIA was down 1,329 points (or 4.1%), closing Friday at 30,822. The benchmark …

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%. Read More »

FTC issues warning to Uber, Lyft, DoorDash and other 'working in concert' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘working in concert’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, who the agency says are entitled to protection regardless of classification. The commission adopted a policy statement that details issues construction workers face — including misleading claims about their wages and hours, unfair contract terms and more …

FTC issues warning to Uber, Lyft, DoorDash and other ‘working in concert’ companies Read More »

The Collapse of Meta: This chart shows Facebook's fall among America's most valuable companies

The Collapse of Meta: This chart shows Facebook’s fall among America’s most valuable companies

Threatened by competitive and macroeconomic threats, Meta Platforms Inc. is plummeting into the ranks of America’s largest corporations. After a daily decline of 9.4% in its stock, Meta META, -9.37% ranked 10th in market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since early August. Meta, the parent …

The Collapse of Meta: This chart shows Facebook’s fall among America’s most valuable companies Read More »

Robinhood users buy and own businesses "they know, understand and believe in for the long haul".  Here are their favorite stocks.

Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, MSFTMicrosoft, Tesla TSLA, AAPL Apple, Ford Motor Company F and DisneyDIS. It is also Nio NIO, …

Robinhood users buy and own businesses “they know, understand and believe in for the long haul”. Here are their favorite stocks. Read More »