Summer travel talk sure is not what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April to May, while discussions related to … Read more
Stocks are down significantly this year, but certain names have seen earnings increase and look attractive at current levels, according to Credit Suisse. The stock market is struggling this year as investors eye inflation, the Federal Reserve’s rate-hiking cycle, the war in Ukraine and other headwinds. The S&P 500 is off about 14% from its … Read more
Hedge fund veteran Dan Sundheim bailed on several large bets on the tech sector during the first quarter, according to a securities filing released Monday. Sundheim’s D1 Capital exited positions in JD.com, Carvana and Shopify during the first three months of 2022, according to the filings. Those positions were worth more than $ 2 billion … Read more
A recap of Tuesday’s best stock picks on CNBC.
The scene is set for an increase in companies looking to spin off businesses, but results can be uneven. Here’s how to improve your odds.
Visitors browse at the Expedia display during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Returns Geopolitical tensions, the prospect of Federal Reserve rate hikes and inflation fears have roiled the stock market and left investors unsettled. The major indexes have just notched a second consecutive week of losses, and the conflict between … Read more
A new entrant to the vacation-rental industry could make more sense for investors than more established names, according to JPMorgan.
Melvin Capital, the hedge fund that got smashed by its bet against GameStop last year, doubled down on bets that benefit from the economic reopening.