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The Federal Reserve announced its third consecutive interest rate hike of 75 basis points yesterday. With the Fed officials voting unanimously to lift the benchmark federal-funds rate to a range between 3% and 3.25%, the central bank seems intent on fulfilling its mandate of maintaining low and stable prices while being prepared to risk a […]

PayPal Holdings, Inc. (PYPL) is a leading digital payment company. The company operates a technology platform that allows digital payments on behalf of consumers and merchants worldwide. PYPL offers payment solutions under the names of PayPal, PayPal Credit, Venmo, Xoom, Hyperwallet, Zettle, Honey, Paidy, and Braintree. The company operates in approximately 200 markets and 100

The hotter-than-expected August inflation report caused a massive market sell-off last week as investors became concerned over the potential for an aggressive Fed stance. The major benchmark indexes witnessed their worst week since June, with the S&P 500 and Nasdaq Composite losing 4.8% and 5.5%, respectively. Kathy Bostjancic, the chief U.S. economist at Oxford Economics,

Marathon Digital Holdings, Inc. (MARA) operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in the United States. As of June 30, 2022, the company had approximately 10,055 bitcoins. On August 1, 2022, MARA expanded its credit facilities with Silvergate Bank, the

There is a commonality between a three-year old on a family car trip and traders and investors. Both groups want to know “Are We There Yet”. While neither three -year olds or traders tend to have much patience, at least the ultimate arrival time is known in advance on a family car trip. The ultimate

Comcast Corporation (CMCSA) operates as a media and technology company worldwide. It operates through Cable Communications; Media; Studios; Theme Parks; and Sky segments. On the other hand, DISH Network Corporation (DISH) and its subsidiaries provide pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. Streaming surpassed cable TV viewership

Pfizer Inc. (PFE) develops, manufactures, markets, and sells biopharmaceutical products worldwide. The company provides medicines and vaccines in various therapeutic areas, including cardiovascular metabolic and women’s health; biologics, immunotherapies, and biosimilars; pneumococcal disease; tick-borne encephalitis; and COVID-19. The pharmaceutical giant delivered impressive performance in its last quarter, with solid revenue and earnings growth driven by

The importance of the Internet and social media is expected to keep increasing. During the pandemic, these have been instrumental in helping governments, economies, and communities around the world keep themselves running. With our world connected and business operations digitized like never before, Internet-enabled businesses will stay relevant and keep growing in the foreseeable future.

After thriving with the inventions of vaccines and antivirals that helped the world fight the COVID-19 pandemic, the biotech industry witnessed a slowdown this year due to the broader market correction. However, the breakthrough developments in treating and preventing major life-threatening diseases, rising demand from the aging population, and successful trial results have created fruitful

Given its steady growth, electric vehicle (EV) giant Tesla, Inc. (TSLA) has secured a position in many investors’ portfolios. However, the stock has plunged 14.9% year-to-date to close its last trading session at $299.68. In addition, the stock is currently trading at a premium valuation. TSLA’s forward Price/Sales multiple of 11.02x is 1113.8% higher than