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The stock market has been battling macroeconomic and geopolitical concerns since the beginning of the year. The S&P 500 is down 22.8% year-to-date. The index fell 9.3% in September, closing its worst month since March 2020. Inflation has been a major Achilles heel for the economy, with the Fed’s aggressive interest rate hikes yielding little […]

So far, 2022 has been a challenging year for the stock market due to rampant inflation, the Federal Reserve’s monetary policy tightening, and geopolitical concerns. The Fed recently announced its third consecutive 75-basis-point hike and hinted at maintaining its hawkish stance until inflation comes under control. Wells Fargo analysts expect steeper rate hikes in the

With a $1.98 billion market cap, Opendoor Technologies Inc. (OPEN) operates a digital platform for residential real estate in the United States. The company’s platform allows consumers to buy and sell a home online. In addition, it offers title insurance and escrow services. Last week, the Federal Reserve announced the third consecutive 75-basis-point interest rate

The near-term market outlook remains cloudy especially as the stock market re-tests the June lows. However, if we take an objective look, the economy and financial markets are in a much worse place. Hopes that inflation may have turned the corner were extinguished following the August CPI. In fact, it showed an acceleration in monthly

Social media giant Meta Platforms, Inc. (META) is facing a slowdown in user growth and competition from TikTok. The company is reportedly planning to lay off employees to reduce expenses in the coming months. If the company goes through with the reductions, it might achieve about $5 billion of annual operating expense savings in the

The stock market environment continues to get more challenging as the S&P 500 retests its yearly lows of around 3,600. It’s tough to make a bull case at this juncture especially given the Fed’s ultra-hawkish stance and inflation seemingly plateauing at these elevated levels. At the same time, there are more indications that the overall

Affirm Holdings, Inc. (AFRM) operates a digital and mobile-first commerce platform in the United States, Canada, and internationally. The company’s platform provides point-of-sale payment solutions for consumers, merchant commerce solutions, and a consumer-focused app. It has more than 29,000 merchants integrated into its platform. Fintech companies witnessed a significant surge in demand during the pandemic’s

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