Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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Why Fortinet Stock Plunged Today

The Motley Fool

What happened Shares of Fortinet (NASDAQ: FTNT) were down 24.3% at 10:45 a.m. EDT Friday, according to data provided by S&P Global Market Intelligence , after the cybersecurity specialist announced mixed second-quarter 2023 results relative to Wall Street's expectations. The company also lowered its full-year revenue and billings guidance. So what At a glance, Fortinet's results didn't look terrible; revenue climbed 25.5% year over year (YOY) to $1.29 billion, translating to adjusted net inc

Returns 246
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Monroe Capital recruits Kaye as managing director for tech finance group

PE Hub

In this role, Kaye will be responsible for originating, structuring, and executing new investments within the software and technology sector. The post Monroe Capital recruits Kaye as managing director for tech finance group appeared first on PE Hub.

Financing 220
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Is It Better to Take Social Security at 62 or 70? Here's What Research Says.

The Motley Fool

Choosing the age at which to take Social Security is an incredibly important decision, as it will affect your monthly income for the rest of your life. It's also difficult to change your mind after the fact, so you'll need to put as much thought as possible into your decision before you file. Age 62 is the most popular time to start taking benefits.

Financing 246
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5 Things to Buy at the Dollar Store Instead of the Supermarket

The Motley Fool

Image source: Getty Images If you're looking to trim fat from your budget , shopping at dollar stores may be a good place to start. The days when everything at a dollar store actually cost $1 are gone, but you can still score steep discounts. You probably won't be able to replace supermarket shopping entirely with your local dollar store, as dollar stores tend to have sparse selections of fresh groceries, particularly produce.

Financing 246
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Want to See the Barbie Movie Without Spending $15-Plus a Ticket? Here's How

The Motley Fool

Image source: Getty Images Barbie i s all the talk this summer -- and for good reason. Since its release, the movie has achieved many domestic box office records. This includes having the biggest opening weekend of 2023 by bringing in $162 million at the domestic box office, the biggest opening weekend in history for a film directed by a woman. If you haven't seen Greta Gerwig's Barbie yet, it's not too late to see it in theaters.

Financing 246
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Why Opendoor Technologies Stock Was Falling Today

The Motley Fool

What happened Shares of Opendoor Technologies (NASDAQ: OPEN) were having a rude awakening this morning after the home-flipping specialist gave a disappointing second-quarter earnings report. As of 10:32 a.m. ET, the stock was down 24% as the company beat estimates in the quarter but offered weak guidance. So what As the housing market has slowed substantially, Opendoor's revenue has fallen sharply as well.

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1 'Magnificent Seven' Stock Has Warren Buffett's Berkshire Hathaway Betting Big

The Motley Fool

Warren Buffett is one of the greatest business minds in American history. Under his leadership, Berkshire Hathaway stock compounded at 20% annually for nearly six decades, growing twice as fast as the S&P 500. Very few companies ever achieve that rate of success, and much of the credit goes to Buffett and his ability to identify rewarding investments.

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This 'Barbie' Star Paid Off Her Mom's Mortgage. Here's How People Like You Can Pay Off Their Mortgage Faster

The Motley Fool

Image source: Getty Images Everywhere you go, you're probably seeing a lot of Barbie content. Since opening, Greta Gerwig's popular movie has generated nearly $775 million globally so far. Margot Robbie is one of the producers of the film and stars as the lead character. Margot has been a household name for a while but wasn't always a big-name star.

Debt 246
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1 Unstoppable AI Stock to Buy Hand Over Fist

The Motley Fool

Artificial intelligence investing is intriguing because there are many ways to capitalize on this technological shift. Whether it's software or hardware, there are a lot of products in the AI value chain. However, one is universal among all of them: chips. And to make the smallest, most powerful varieties, you need a specialized extreme ultraviolet (EUV) lithography machine.

Capital 246
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2 Nasdaq 100 Stocks That Are Surefire Buys in August and 1 to Avoid

The Motley Fool

It's amazing what a difference a year can make on Wall Street. After tumbling into respective bear markets in 2022, the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite have all rallied more than 20% off of their bear market lows. By one definition, this places all three indexes in a new bull market. However, Wall Street's 180 has been particularly jaw-dropping for the growth-stock-driven Nasdaq 100 -- an index comprised of the 100 largest nonfinancial companies listed on the Na

Legal 246
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2 Top Insurance Stocks to Buy in August

The Motley Fool

Investing in the stock market is one great way to build long-term wealth. One essential component of investing is diversifying your portfolio across stocks with different risk profiles. Investments across industries are one great way to achieve diversification, and one sector you should consider investing in is insurance. Insurance companies sell products that are always in demand, and their earnings tend to rise with economic growth and inflation.

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Tesla Is Set to Win Big in the AI Race. Here's Why.

The Motley Fool

In the rapidly evolving era of artificial intelligence (AI), businesses increasingly integrate AI into their daily activities to stay relevant and competitive. Tesla (NASDAQ: TSLA) , a pioneer in the electric car industry, recognizes the strategic importance of AI in fulfilling its long-term mission. By leveraging AI technologies, Tesla aims to become a smarter, more efficient car manufacturer while venturing into exciting new products like self-driving cars.

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Where Will Nvidia Be in 10 Years?

The Motley Fool

Investors who bought Nvidia (NASDAQ: NVDA) stock a decade ago are now laughing all the way to the bank, as the high-flying chipmaker turned an investment of just $100 made 10 years ago into more than $13,500. The semiconductor specialist evolved significantly over the past 10 years. From being a supplier of graphics processors for personal computers (PCs) and smartphones a decade ago, Nvidia expanded its wings into multiple high-growth markets such as automotive, data centers, cloud computing, a

Prospects 246
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Your 4-Step Guide to Deciding When to Claim Social Security

The Motley Fool

When should you claim Social Security benefits? The answer to this question can shape your retirement. It will affect how much money you have to live on over your later years, and it could also inform your choice about when to retire. It can be more complicated than you'd think to figure out the right time to begin receiving retirement benefits. To ensure you make the right decision, you'll want to take these four important steps.

Funds 246
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The 5 Best Dollar Tree Products to Buy for Your Home

The Motley Fool

Image source: Getty Images Dollar Tree has a much bigger selection of products than you might imagine. And what's great is that while these items are bank-account friendly, they don't necessarily look "cheap". In fact, you can pick up many great items for your home that will enhance your decor without leaving you with a big credit card bill. If you're not sure where to start, check out these five awesome items that no one would guess cost just $1. 1.

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2 Excellent Tech Stocks to Buy on the Dip

The Motley Fool

Even with equity markets recovering, many stocks have yet to bounce back from last year's downturn. So there are plenty of opportunities for investors to pick up quality stocks from the discount bin. Of course, not all stocks that are down will bounce back over the long run, so as always, it's essential to choose wisely. With that said, let's consider two stocks that lagged the market over the past year and are worth holding onto for a while: PayPal (NASDAQ: PYPL) and Fiverr (NYSE: FVRR). 1.

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Shopify Stock: Headed to $80?

The Motley Fool

Despite Shopify (NYSE: SHOP) posting better-than-expected second-quarter revenue and adjusted earnings per share this week, shares of the e-commerce software-as-a-service platform took a hit following the quarterly update. In total, the stock fell more than 5% on Thursday. What's even more surprising is that the stock's decline comes as a handful of analysts upgraded their 12-month price targets for the stock after digesting the solid second-quarter results.

Capital 246
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1 Unstoppable Stock That Could Soar 1,063% to Join the $1 Trillion Club

The Motley Fool

The U.S. economy has evolved over time. The industries that created the most value last century -- steel and automaking -- are not the ones leading the way today. The leaders now come from the technology sector. The first public company to amass a $1 trillion valuation was Apple in 2018. Its market capitalization has since grown to over $3 trillion.

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Why Tesla and EV Upstarts Are Struggling While GM and Ford Profits Reach New Heights

The Motley Fool

Tesla (NASDAQ: TSLA) is cutting prices and margins are falling while EV competitors are facing challenges. As the EV market becomes more uncertain, legacy automakers are reporting higher profits, which in this video Travis Hoium says bodes well for their value over the long term. *Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023.

Returns 246
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2 Nasdaq 100 Stocks to Double Down On in August

The Motley Fool

The Nasdaq 100 is beating the market in 2023. The tech-heavy list of the 100 largest companies on the Nasdaq exchange (minus banks and financial institutions) has gained more than 41% year to date. The broader Nasdaq Composite index stopped at 34%, and both Nasdaq-based lists are crushing the S&P 500 's 18% gain. ^NDX data by YCharts. But the market surge isn't lifting every boat equally.

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Want to Be a Stock Market Millionaire? Here's How Much to Invest Each Month.

The Motley Fool

Reaching millionaire status isn't easy, but it is achievable -- especially with the right strategy. Investing in the stock market is one of the most effective ways to build wealth, and with enough time and consistency, you could potentially earn well over $1 million. Exactly how much you'll need to invest each month depends on your timeline. Compound earnings help your savings grow faster the more time they have to accumulate, so the sooner you get started investing, the easier it will be to ear

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Black Hills: Buy, Sell, or Hold?

The Motley Fool

When it comes to utilities, investors may know U.S. giants like NextEra , Duke , American Electric Power , and Southern. You may not have heard of Black Hills (NYSE: BKH) , which is just a fraction of the size of these giants. Don't let that stop you from buying the stock, which is trading with a yield of 4.1%, near a 10-year high. Here are some near-term and long-term reasons to like this income investment.

Debt 246
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Devon Energy Is Becoming a Super Bargain

The Motley Fool

Weaker oil and gas prices continued to weigh on Devon Energy (NYSE: DVN) during the second quarter. The oil company's earnings and cash flow plummeted compared to the prior-year period when pricing was much higher. That left it with less cash to return to investors via dividends and share repurchases. The decline in earnings and shareholder returns has weighed on Devon's shares, which currently sit 35% below their 52-week high.

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1 Growth Stock Down 80% to Buy Right Now

The Motley Fool

Roku 's (NASDAQ: ROKU) second-quarter results exceeded Wall Street estimates by a huge margin. Revenue jumped 11% year over year to total $847 million. And after posting a net loss of $112 million in the year-ago quarter, the business only lost $108 million in the latest period. Shares have been on an absolute tear, up 137% through the first seven months this year, boosted by the most recent earnings report.

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Amazon Clinic Offers Telehealth Services in All 50 States. Could It Save You Money?

The Motley Fool

Image source: Getty Images Last November, Amazon introduced its new telehealth endeavor, Amazon Clinic. The service provides convenient, affordable telehealth solutions to users. Earlier this week, the online retailer announced that the service has since expanded and is now available in all 50 U.S. states and Washington D.C. More people can now seek virtual care for common health concerns.

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3 Questions to Ask Yourself Before Buying a Condo

The Motley Fool

Image source: Getty Images Buying a condo can be a great way to get on the property ladder -- especially if you don't want all of the maintenance and expense associated with buying a house or if you live in an area where condos are cheaper or more plentiful. But condo living isn't for everyone. Before you jump into getting a mortgage to purchase one, there are a few key questions you need to ask yourself to ensure this type of property is right for you. 1.

Funds 246
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Why Nvidia, Microsoft, Alphabet, and Other AI Stocks Crumbled Today

The Motley Fool

What happened There's little question that the hard-charging market rebound this year is largely the result of excitement about recent advancements in artificial intelligence (AI). In the wake of their worst performance since 2008, the major market indexes are decidedly in rally mode so far in 2023, driven by the potential for widespread productivity gains courtesy of generative AI.

Debt 246
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Why Lumen Technologies Stock Is Falling Hard Today

The Motley Fool

What happened Shares of Lumen Technologies (NYSE: LUMN) , a telecommunications company, were tumbling this morning after it reported its second-quarter results. Investors were concerned about the company's massive $8.74 billion loss in the quarter, a steep drop from the gain of $344 million in the year-ago quarter. The tech company's share price was down by 14.2% as of 11:42 a.m.

Debt 246
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Learning the Dark Arts of the 'Grey Zone'

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Russia began its military invasion of Ukraine on Feb. 24, 2022 but, with the war dragging on for a year and a half with no end in sight, some security experts are calling on the West to wise up.

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The Dow Jones Just Did Something It Hasn't Done Since 1987. History Says This Will Happen Next

The Motley Fool

The Dow Jones Industrial Average traded higher for 13 consecutive days in July as falling inflation, better-than-expected earnings, and excitement surrounding artificial intelligence invigorated investors. That marks the longest winning streak for the Dow Jones since 1987 and one of only six times the blue chip index closed higher for at least 10 consecutive trading sessions in the last four decades.

Funds 246
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This High-Yielding Dividend Stock Is Hiding in Plain Sight

The Motley Fool

High-yielding dividend stocks are an important element of any retirement account. But they have other uses, too. For example, last year when tech stocks tanked and the market fell, investors who owned dividend stocks still benefited from their holdings through passive income. There are more factors to consider when buying a dividend stock than just its yield.

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This One Thing Can Get You a Low Mortgage Rate Right Now

The Motley Fool

Image source: Getty Images It's not just that home prices are significantly higher than they were a few years ago. Rising interest rates have done even more than higher prices to hurt home affordability. Even without the price increases, the average payment on a $400,000 mortgage at the current 6.87% average 30-year interest rate is $2,626, as compared with about $1,686 for a loan of the same amount in January 2022 before rates started to spike higher.

Debt 246
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Why QuantumScape Stock Plunged 40% This Week

The Motley Fool

What happened Betting on QuantumScape (NYSE: QS) stock isn't for the faint of heart. After clocking massive 41% gains last week, shares of the electric vehicle (EV) battery maker have made a complete U-turn in the last few days. They were trading 40% lower this week through 10:40 a.m. ET Friday, according to data provided by S&P Global Market Intelligence.

Prospects 246
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AMD Set to Launch New Gaming GPUs as Sales Tumble

The Motley Fool

While much of the attention was on Advanced Micro Devices ' (NASDAQ: AMD) artificial intelligence (AI) efforts when the chip company reported second-quarter results on Tuesday, gaming remains an important business. AMD competes with market leader Nvidia and new entry Intel in the gaming GPU market and has been losing ground in recent quarters. AMD's graphics card unit market share fell to 12% in the first quarter of this year, cut in half from the prior-year period.

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