StockNews.com

Verizon Communications Inc. (VZ) is set to write down $5.8 billion in the fourth quarter, reflecting an adjustment to the value of its dwindling wireline business. This downward adjustment impacts the financial forecast for Verizon’s Business Unit. The wireline sector has felt the strain from intensifying competition, economic uncertainties, and a significant switch towards wireless […]

As the dependency on technology grows, so do its operations and horizons across multiple end-use sectors. That has considerably surged the demand for advanced tech products and services amid rapid digitalization globally. Also, continued advancements in AI, cloud computing, IoT, industrial robots, and more would drive the tech industry’s growth. Given the industry’s bright growth

The technology industry stands poised for significant expansion this year, catalyzed by a series of transformative trends. These developments are spurring innovation waves and forging the roadmap of the future. Against this backdrop, investors could buy fundamentally robust tech stocks Canon Inc. (CAJPY), Hewlett Packard Enterprise Company (HPE), and M-tron Industries, Inc. (MPTI) to garner

Pivotal legislation and ongoing private-sector investments have been propelling immense industrial growth. Post IRA, new cleantech facilities and increased construction spending have also been contributing. Furthermore, the sector is embracing Industry 4.0 and fostering sustained expansion through advanced technologies. Given the sector’s growth trajectory, it appears wise to acquire shares of robust industrial stocks, The

The technology industry faced a tumultuous 2023 amid an unpredictable economic climate and widespread lay-offs from the leading players within the IT sector. However, the swift emergence and adoption of new technologies, coupled with increased investment in digital transformation, heralds an era of long-term growth in the tech industry. Given this backdrop, quality tech stocks

The biotech industry is poised for long-term growth due to growing healthcare needs, a rapidly aging population, the need for personalized treatments and therapies, and the use of advanced technologies to accelerate drug development. However, it could be wise to wait for a better entry point in TG Therapeutics, Inc. (TGTX) and Galapagos NV (GLPG).

In light of potential stock market volatility due to uncertainties souring the domestic economy, a prudent strategy could be to invest in emerging market ETFs for better growth and stability. To that end, Emerging Markets Internet and Ecommerce ETF (The) (EMQQ) and Vanguard FTSE Emerging Markets ETF (VWO) could be great choices. Before diving deeper

A slow economy, prolonged high interest rates, increased deposit expenses, diminished credit demand, potential defaults on commercial real estate loans, escalating credit card debt, and a decline in asset quality overshadow the U.S. banking industry’s outlook for the year. Given this backdrop, it could be prudent to look beyond borders and invest in fundamentally strong

The airline industry is set to build on 2023’s performance by capitalizing on the solid travel demand. Both leisure and business travel will likely witness high demand this year. Therefore, it could be wise to add fundamentally strong airline stocks Copa Holdings, S.A. (CPA), Gol Linhas Aéreas Inteligentes S.A. (GOL), and Cathay Pacific Airways Limited

Given the potential for volatility in the stock market due to macroeconomic and geopolitical factors this year, a prudent approach to enhancing portfolio stability could involve considering investments in high-quality, large-cap growth ETFs. To that end, Vanguard Growth ETF (VUG) and Invesco QQQ Trust, Series 1 (QQQ) could be great choices. Before diving deeper into