AMTD Digital is worth more than 480 of the S&P 500 companies after stock rockets over 3,000% in 7 days

Early investors in AMTD Digital Inc. have basically won the lottery, as the Hong Kong-based digital business developer’s stock has zoomed 3.165% higher over the past seven days. The HKD stock, -28.77% pulled back 16.6% in very volatile midday trading Wednesday — it has already been halted nine times for volatility — putting it on … Read more

Activision Blizzard reports higher-than-expected sales as Microsoft close awaited

Activision Blizzard Inc. shares ticked higher in the extended session Monday after the videogame publisher released better-than-expected revenue as sales dropped for a third straight quarter. Activision Blizzard ATVI, +0.16% shares rose 1% after hours, following a 0.2% rise to close the regular session at $80.08. The company will not be issuing an earnings presentation … Read more

Big Tech survived the earnings test, but many more tech companies are picking up their pencils

Wall Street breathed a sigh of relief after Big Tech produced results that were largely not as bad as feared (except for Facebook), but the hardest part of this earnings season may arrive in the coming week. A parade of smaller tech companies in sectors that received a huge pandemic bounce that may be coming … Read more

Opinion: What’s a recession? It depends on whom you ask—an economist or a fishmonger.

Scene: A fancy fish market in Georgetown. An Economist enters. Shot of pages flying off a calendar or clock hands turning or some other metaphor for time passing that Gen Z will roll eyes at. Ten minutes later, Economist reaches the head of the line. ECONOMIST Good morning! I need something for my sweet tooth. … Read more

What I learned when I took a corporate job after 20 years of working for myself

When I was 30, I quit my job as a lawyer to become a freelance writer, following a dream I’d had since I was a kid. At the time, I had sold two articles to magazines (Cosmopolitan and Bride’s) and built a career out of those two clips. I learned how to study markets, pitch … Read more

US stocks slip after Walmart profit warning, gloomy IMF economic warning

US stocks edged lower Tuesday, hurt by Walmart Inc. cutting profit guidance ahead of a wave of corporate earnings reports this week, while the International Monetary Fund warned of the potential for a sharp global slowdown. What’s happening The Dow Jones Industrial Average DJIA, -0.33% fell 90 points, or 0.3%, to 31,900. The S&P 500 … Read more

Opinion: Get in front of these three stock market sectors before they blossom into mainstream darlings

We’ve always made our biggest money by getting in front of trillion-dollar trends before they are noticed. And I had an epiphany the other day. I realized there are three burgeoning revolutionary trends that are in the sweet spot for us. We should focus our buying exclusively on these three sectors. You might recall that … Read more

Smoking Cessation and Nicotine De-Addiction Market to Reach

Wilmington, Delaware, United States, July 18, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – Analysis of smoking cessation industry statistics over the past few decades has found that there is a rise in the use of prescription as well as OTC products to help smokers quit smoking, which mainly include skin patches and gums. … Read more

AC sales touch record 6 mn units in first half of 2022 amid scorching heat

Amid soaring temperature, demand for cooling products, particularly air conditioners has witnessed a sharp uptick and the industry has registered a cumulative record domestic sales of nearly 6 million units in the first half of this year. The industry AC sales number zoomed even though makers took a price increase two to three times in … Read more

Victoria’s Secret unveils new corporate leadership structure

Retailer Victoria’s Secret & Co. VSCO, -0.53% on Tuesday unveiled a new corporate leadership structure that it said is “designed to enable execution of its strategy and fuel long-term growth goals.” Under the new structure, the company’s three lines of business — Victoria’s Secret, PINK and Beauty — will operate as a single, collaborative organization. … Read more