Investors will have to wait longer for Apple’s next big bet

This week, Apple (NASDAQ:AAPL) held its Worldwide Developers Conference (WWDC), showcasing new features and product updates. As an investor, what should you get excited about… if at all? No news on Apple’s next big bet during WWDC In 2016, CEO Tim Cook said Apple is heavily investing in augmented reality — calling it the next…

Read more

Problems compound at Meta with the departure of Sheryl Sandberg

Last week, Meta’s Chief Operating Officer, Sheryl Sandberg, announced her departure. Execs leave all the time, but the importance and timing of this one raises eyebrows. Meta is down 42% in 2022 and is making a massive pivot to the metaverse with billions in planned investments. What could go wrong? Meet Meta’s ex-number two exec……

Read more

Carvana trades in its unprofitable model

Used-car retailer (vending machine) Carvana is trading in its old cash-guzzler business model for a new profitable one. What’s the big deal? During COVID, Carvana’s stock soared alongside rising used car demand and prices. Last year, that quickly reversed as investors shunned unprofitable growth stocks — sending Carvana down nearly 90% and now trading below…

Read more

Top-performing FAANGM stocks have this in common…

The top-performing FAANGM stocks (AMZN, MSFT, GOOGL) have something in common: a rapidly growing cloud business. What it does: Cloud platforms help customers store or access data virtually on the cloud, provide computing resources to run applications and more. Why it matters: 94% of enterprises are already on the cloud, and 30% of IT budgets…

Read more

Are FAANG stocks past their prime?

The FAANG stocks may no longer be the stocks we once loved, but they still have a place in many investor portfolios. It’s Meta and Netflix that are questionable choices… Deprecating the FAANG stocks acronym The FANG+ Index — which tracks the performance of 10 highly-traded tech stocks (i.e., FB, AAPL, AMZN, GOOGL, NFLX) —…

Read more

Microsoft’s product diversification shields investors

Microsoft (NASDAQ:MSFT) is the world’s second-largest company by market cap. They are doing everything they can to catch up to Apple — reporting solid third-quarter earnings, which sent $MSFT up 4.8% yesterday. What’s the big deal? Microsoft can mean different things to people: Office, Xbox, LinkedIn, Azure… a diversified powerhouse that has mitigated supply chain…

Read more

The Uber of China DiDi Global plans to delist from US stock exchanges

DiDi Global (NYSE:DIDI) — the Uber of China — may soon remove itself from the US stock exchange. What’s the big deal? On May 23, DiDi will vote on whether to delist its stock from the New York Stock Exchange. DiDi was one of the biggest targets in China’s crackdown on the private sector —…

Read more

Are tech stocks safe to invest in again?

The tech-heavy Nasdaq is up 14% in the past two weeks — and markets have stabilized from a turbulent start to 2022. The question on everyone’s mind: Are tech stocks safe yet? A recession could be good for growth stocks Growth stocks fell once the Fed first hinted at higher interest rates last year —…

Read more

EPAM Systems’ massive decade interrupted by a Russian invasion

Coding by day and fending off Russians by night — Ukrainian developers are built differently — many still meeting deliverables working in bomb shelters and garages. EPAM Systems (NYSE:EPAM) — with over half its 58K workforce in Ukraine, Belarus or Russia — is down nearly 50% since the invasion started. EPAM’s massive decade of growth…

Read more

Alphabet, the compounder that keeps on giving

What market crash? Alphabet is almost back to its November highs despite a market correction that sent the NASDAQ down 10%. What’s the big deal? The tech giant reported strong earnings with profits nearly doubling in 2021 — despite fears of growth slowing post-COVID and an advertising assault from AAPL. The advertising industry took a…

Read more