Tim Cook, Apple’s chief executive, has a longstanding philosophy that Apple should continue to invest for the future amid a downturn. It more than doubled its staff during the Great Recession and nearly tripled its sales. Lately, it has increased bonuses to some hardware engineers by as much as $200,000, […]
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Text size Zoom stock has taken a beating this year in a postpandemic world. Dreamstime Zoom has new upside potential thanks to the tech-market pullback, according to Daiwa Capital Markets, which says the videocommunication company’s core business demand is stabilizing. “Given the recent tech-market pullback and a market rerating of […]
The stock market finally got its bounce. After dipping its proverbial toes into bear market territory, the Morningstar US Market Index rallied 6.5% in the past week. While that’s good news for battered stock portfolios, equities are still down 13.4% this year. Another piece of good news is that bond […]
In a year that has been rocky for many companies following the post-March 2020 bull market, ExxonMobil (NYSE: XOM) has trended in the right direction, up more than 31% year to date as of April 11. In the past year alone, the company’s stock price has increased by over 51%. […]
Text size As a company, KKR has a knack for being in the right place at the right time. Dreamstime The stock market is fun to talk about, like sports and politics, but it’s so complex that it’s hard for most people to understand. So the next time someone wants […]
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its rating, citing the stock’s recent pullback coupled with increased confidence in the electric-vehicle charging business. Analyst Bill Peterson upgraded the stock to Overweight from […]