US stock bulls are taking heart from a range of market signals pointing to an upbeat year for Wall Street, as equities sit on impressive gains despite worries that the Federal Reserve’s monetary policy tightening may plunge the economy into a recession. Among these are equities’ positive January performance, a "golden cross" chart pattern on the S&P 500 and more stocks making new highs rather than new lows. Such signals are far from the only indicators market participants use to make investment decisions, and they are not foolproof. Weak outlooks for corporate heavyweights such as Amazon and Microsoft and a blowout employment number that heightened expectations for Fed hawkishness injected a fresh note of uncertainty into markets on Friday, though the S&P 500 remains up 7.7 percent year-to-date. However, steady improvements in gauges of momentum and sentiment in recent weeks reinforced the view among some investors that asset prices may be heading for a more benign … [Read more...] about Wall Street Week Ahead | Signals of market regaining momentum attract investors
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Cool Clean Beauty Brands To Know In 2023
Share to Twitter Share to Linkedin The art of beauty branding is exciting, challenging, and limitless. As an industry that continues to grow and evolve, the movements in the beauty space are constantly shifting. Everyday on social media, we are presented with new trends like double cleansing, buccal fat reduction, no-poo shampoo, cloud skin, filters in a bottle, and skin flooding. The list is remarkably endless. And for most beauty and wellness brands, this means finding innovative ways to stand out from all that noise. As a beauty and wellness contributor, my inbox is often flooded by hundreds of pitches. The lobby receptionist in my building has also started to refer to me as the tiny lady who gets dozens of sample packages everyday. My sister, who has begun to regard my bathroom as a mini Sephora, once asked: “How do you decide on which products to feature?” This curated list of beauty brands was a story I’ve had on the pipeline for months now. Cool is … [Read more...] about Cool Clean Beauty Brands To Know In 2023
Netflix shares plunge more than 30% on lost subscribers
Netflix shares fell more than 30 percent early Wednesday after the streaming company reported a drop in subscribers for the first time in a decade. Netflix shares plunged more than 35 percent early Wednesday following disappointing results, while the Dow pushed higher in a mixed open for US stocks. The streaming giant caught Wall Street off guard for the second quarter in a row, reporting a drop in subscribers for the first time in a decade. Also Read: Netflix to bite the advertising bullet, but can it unlock Indian market potential? Also Read: Netflix tumbles as 200,000 users exit for first drop in decade Read More The company blamed the quarter-over-quarter erosion to suspension of its service in Russia due to Moscow's invasion of Ukraine. The drop in shares was reminiscent of the prior quarter, when a weak subscriber outlook sent Netflix shares diving. Netflix' plunge especially weighed on the Nasdaq, which was down 0.7 percent at 13,522.73. … [Read more...] about Netflix shares plunge more than 30% on lost subscribers
Gaming in 2022: A year in review
People trying out different games at The Arena, Comic-Con, Bengaluru The year 2022 was a weird year for gaming. The industry continued to feel the lingering effects of the 2020 Covid-19 pandemic with slower hardware sales and major delays for upcoming AAA games. Here is a look at some of the gaming highlights of 2022. More buggy launches Unfortunately, major AAA releases continued the trend of messy launches with games like Calisto Protocol or Gotham Knights. The year began with the dullest of thuds in Babylon's Fall, a half-baked unfinished co-op experience that showed Square Enix has learned nothing from its previous live service disasters. What hurt even more is that it was developed by industry darlings Platinum Games. Electronic Arts continued to release yearly installments in the FIFA franchise, and like every year, it was mocked but still sold in the millions. Thankfully, EA no longer holds the license to FIFA anymore. Read More Unfortunately, EA … [Read more...] about Gaming in 2022: A year in review
How This Adaptive Clothing Startup Scored a Deal With a Billion-Dollar Retailer
It wasn't easy for Maura Horton to watch her husband, Don, who suffers from Parkinson's disease, struggle to dress himself. "You can't forget that humbling tone when someone is trying to tell you that they're no longer able to do something," she recalls. That tone became the inspiration for MagnaReady, a clothing startup that makes adaptive dress shirts with magnetic closures. The shirts are designed specifically for people with disabilities that cause them to lose mobility. On Tuesday, the company announced a partnership with PVH Corp., one of the world's largest apparel companies. PVH owns iconic brands like Calvin Klein, Tommy Hilfiger, and Van Heusen. Starting this year, MagnaReady's patented technology will replace buttons at some top PVH brands. Although exact terms of the partnership were not disclosed, Horton anticipates that the shirts will soon be available through distributors such as Macy's, JC Penny, and Kohls, likely in time for Father's Day in June. … [Read more...] about How This Adaptive Clothing Startup Scored a Deal With a Billion-Dollar Retailer
Options Trading 101: Understanding Calls And Puts
Share to Twitter Share to Linkedin Key takeaways Options allow you to make money in the stock market regardless of whether it’s up, down or stagnant The two varieties of options, calls and puts, can be combined in several different ways to anticipate the increases or decreases in the market, decrease the cost basis of a trade or mitigate the risk options trading poses Trading options can be risky, so it’s best to practice trading on paper before you use real money Most people know that you can make money in the stock market when the prices of equities are rising and the economy is doing well. But what about when economic times are uncertain? Rather than sitting on the sidelines, you can use alternative approaches to make money during a down market. One of these strategies is trading options. Options come with more risk than buying and holding stocks, but this can be minimized with proper planning. Better yet, your returns could be much more … [Read more...] about Options Trading 101: Understanding Calls And Puts
‘The New Nasdaq’—Coinbase Backer Issues Huge 4,200% Price Prediction After 2023 Bitcoin, Ethereum And Crypto Boom
Share to Twitter Share to Linkedin Bitcoin BTC , ethereum and other major cryptocurrencies have stormed into 2023, going through a $250 crypto market earthquake . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has climbed to levels not seen since last August despite the crypto industry bracing for game-changing new regulations . Now, Cathie Wood's Ark Investment Management, a major backer of crypto exchange Coinbase, has doubled down on its huge bitcoin price prediction —with Wood declaring her soaring fund is "the new Nasdaq." It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market MORE FROM FORBES Fed Delivers Devastating 'Surprise' … [Read more...] about ‘The New Nasdaq’—Coinbase Backer Issues Huge 4,200% Price Prediction After 2023 Bitcoin, Ethereum And Crypto Boom
‘In Excess Of A Trillion Dollars’—Bitcoin And Crypto Mogul Reveals Wild ChatGPT Plan
Share to Twitter Share to Linkedin ChatGPT, the Microsoft MSFT -backed AI-based chatbot that's taken the world by storm, has become the fastest-growing internet app ever, according to analysts who think the market for generative AI could be "in excess of a trillion dollars." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash Hype and rampant speculation about what OpenAI's ChatGPT could mean for technology and business and replaced the bitcoin, cryptocurrency and blockchain craze that peaked in late 2021. Now, bitcoin and crypto mogul Justin Sun, the creator of the tron blockchain and cryptocurrency, has proposed a "framework" to provide an "AI-oriented decentralized payment framework" for ChatGPT. It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for … [Read more...] about ‘In Excess Of A Trillion Dollars’—Bitcoin And Crypto Mogul Reveals Wild ChatGPT Plan
The Resurgence Of The Hotel Restaurant
Share to Twitter Share to Linkedin Long considered an afterthought by travelers, hotel restaurants are making a comeback in a big way. Overall, hotels have seen an increase in the percentage of total revenues from venues, which means more revenues are coming from restaurants/other venues, according to STR , a data solutions company that helps clients to strategize and compete within their markets. Inflation does have an impact on these numbers. Perhaps inspired in part by the HBO series White Lotus, where guests set up camp at the resort’s restaurant throughout their entire Italian vacation, hotel restaurants are showcasing the allure of hotel dining thanks to innovative cuisine, stunning design and dreamy ambiances. These hotel restaurants, which opened over the last year, are drawing rave review from patrons and are doing their part for the resurgence of the hotel restaurant. UMI Rooftop + Tokyo Kitchen at Thompson Playa del Carmen, Playa del … [Read more...] about The Resurgence Of The Hotel Restaurant
Tech Rally Scares Bears, Should It?
Share to Twitter Share to Linkedin Investors were on edge at the start of the week as concerns mounted about the health of the stock market rally ahead of the FOMC meeting and earnings from four tech giants. Many think that the January move higher in stocks was just a bear market rally even though the S&P 500 gained an impressive 6.18% while the Nasdaq Composite rose 10.7%. Many Wall Street strategists , who on average looking for stocks to close below current levels in 2023, think a recession is inevitable and that earnings valuations are too high. Stocks reflected the nervousness on Monday as they had the largest drop of the month with the Nasdaq 100 losing 2.1%. Apple AAPL , Inc. (AAPL) and Microsoft MSFT (MSFT) led the decline. This reassured the stock market bears as Morgan Stanley commented “We think the recent price action is more a reflection of the seasonal January effect and short covering after a tough end to December and a … [Read more...] about Tech Rally Scares Bears, Should It?