Apple reportedly more than doubled (up 155%) May iPhone shipments from China. The rise for smartphones overall was 16%. TheStreet.com’s Action Alerts PLUS team on June 22 offered commentary about several stocks. First, the team’s Chris Read more…
Ford follows Tesla in announcing plans to cut staff. While electric vehicles are enjoying an unprecedented surge in popularity, ongoing supply chain problems, and growing recession fears are beginning to hit the automotive industry. EV Read more…
Amidst a series of efforts to stem the tide of high fuel prices, the energy sector has pulled back swiftly. Is this the top, or is there more upside to come? From boycotts to tax Read more…
Disney continues to open its theme parks back up. Disney (DIS) – Get The Walt Disney Company Report has taken a slow and steady approach to full reopening its theme parks and experiences. It recently announced Read more…
Wells Fargo put together a “recession portfolio” of stocks for this period of economic weakness. As you’re likely aware, the stock market is taking a tumble this year. As of the June 12 close, the Read more…
The Tesla founder has long had his sights set on the Lone Star State. Along with electric cars and space, the last few years has seen constant talk of Elon Musk and underground tunnels. The Read more…
Bank of America rates the oil industry giant highly in this unexpected category. Energy stocks have soared recently, with the S&P 500 Energy index up 38% year to date. In addition, the energy sector is Read more…
Rising rents may be contributing to a social media backlash against the company. Most analysts assumed that Airbnb would suffer during the pandemic, instead the company thrived as newly untethered travelers took advantage of their freedom. Read more…
Carnival is teaming up with Costa Cruises for something special. The cruise industry has bounced back from covid-19, and now it’s making up for lost time. Last month, Carnival Cruise (CCL) – Get Carnival Corporation Read more…
In some ways, McDonald’s has never been quite this adventurous. If you’re the type of person who prefers a classic cheeseburger, fries, and a soda when you have a craving for a satisfying fast-food lunch, Read more…