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Macroeconomic headwinds continue to weigh on fintech stocks, and PayPal (NASDAQ:PYPL) is no exception. However, a recent development is helping to renew interest in this digital-first provider of payment solutions and other financial services. Activist hedge fund Elliott Investment Management is building a stake in PYPL stock. Per news reports, Elliott’s plan is to push
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Streaming device company Roku (NASDAQ:ROKU) recently released its second-quarter 2022 financial results. Immediately after those results were made public, ROKU stock plummeted. The company tried to spin its results as positive, but Wall Street’s clearly not buying it. It’s been a busy earnings season, and there have been some big winners and some huge losers along
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Headquartered in San Francisco, Lyft (NASDAQ:LYFT) is an American ride-share business. Not only is the company reducing its workforce, but Lyft is also shutting down its business segment that rents cars to riders. Plus, an analyst recently provided a warning about LYFT stock as inflation-related headwinds could weigh on the company’s bottom line. Inflation is a concern
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Down more than 70% in the past year, Lyft (NASDAQ:LYFT) may be starting to look appealing for bottom fishers. Check out commentary on LYFT stock online. You’ll see articles suggesting it’s a bargain after falling to levels well below its IPO price. For instance, a recent piece by Barron’s names it as one of several
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FuboTV (NYSE:FUBO) has been moving higher since late last month. As investors start to believe that the Federal Reserve will change course on its rate hike plans next year, speculative growth stocks like FUBO stock have seen a slight boost. I won’t comment further here whether a lowering of rates will happen next year or
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As soaring inflation continues to impose a dark cloud over American families, the Federal Reserve seemingly had little choice but to lift the benchmark federal funds rate, which effectively raises borrowing costs. However, this action also sucks the incentivization out of growth-oriented businesses, meaning that some companies will invariably represent stocks to sell. It’s not
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Updated: August 25, 2021 As of today, August 25, 2021, the benchmark 30-Year Fixed mortgage rate is 3.04%, FHA 30-Year Fixed is 2.82%, Jumbo 30-Year Fixed is 3.13%; 15-Year Fixed is 2.32%, and 5/1 ARM is 2.17%. These rates are not the teaser rates you may see advertised online and based on our methodology should
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Each year, roughly 800,000 couples get divorced in the United States. More often than not, divorce is time-intensive and emotionally draining, and divorce proceedings can last upwards of a year, with the total cost averaging $12,900. While you don’t have to have a lawyer to get divorced, the process is legally complicated, and being without
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Part of the rosy picture associated with retirement is the thrill of kissing that monthly mortgage payment good-bye—on the presumption you’ll have paid it off by then. Lately, there has been a shift in thinking that has seen many financial planners suggest that retirees continue to carry a mortgage into and throughout retirement. Reinvest the
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Asset management giant BlackRock (NASDAQ: BLK) announced on August 4 that it had partnered with Coinbase Global (NASDAQ: COIN). The partnership is limited to bitcoin and will allow the firm’s institutional clients to have access to crypto trading, custody, prime brokerage, and reporting via Coinbase Prime. The clients will also be able to manage their bitcoin
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It’s important to have a diversified portfolio. You’ll see that my portfolios run the gamut — there are large-cap names, growth stocks and momentum plays, but you’ll also find some lesser known stocks under $50 to buy and hold. Warren Buffett is the master of buy-and-hold stocks. The Oracle of Omaha made his career on
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