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DraftKings remains sports betting royalty
Shares of DraftKings have more than doubled this year. The stock has easily outperformed its rivals. JPMorgan is still optimistic.
Sep 26
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Paul R. La Monica
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DraftKings remains sports betting royalty
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Fed: Higher rates for longer = soft landing?
The Federal Reserve held steady at its latest meeting. But the central bank is suggesting another rate hike could be in the cards this year...even as…
Sep 20
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Paul R. La Monica
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Fed: Higher rates for longer = soft landing?
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Pet peeves?
Chewy stock may be near an all-time low. But one money manager thinks that another stock for animal lovers could be a great buy right now. The pet…
Sep 19
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Paul R. La Monica
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Pet peeves?
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Lehman: 15 years later
September 15, 2008 was a dark day on Wall Street and for the nation's economy. Big banks may be healthier now but many of them still pose risks because…
Sep 15
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Paul R. La Monica
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Lehman: 15 years later
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Shot in the IPO Arm?
The Wall Street debut of the chip designing giant could usher in a new wave of offerings from so-called unicorns. Next up? Instacart.
Sep 14
•
Paul R. La Monica
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Shot in the IPO Arm?
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Nvidia succumbs to law of gravity. For how long?
Nvidia, the chip giant riding a wave of hope and hype about artificial intelligence, has taken a bit of a breather lately. Shares are down more than 10…
Sep 12
•
Paul R. La Monica
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Nvidia succumbs to law of gravity. For how long?
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Tesla stock continues its electrifying run
Tesla could once again top the $1 trillion market valuation mark if an uber-bullish forecast from Morgan Stanley’s star auto analyst Adam Jonas comes to…
Sep 11
•
Paul R. La Monica
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Tesla stock continues its electrifying run
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Apple angst
Shares of the tech giant tumbled this week on worries about a China crackdown on iPhones. Will next week's iPhone 15 reveal event get the stock back in…
Sep 8
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Paul R. La Monica
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Apple angst
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Don't sweat September stock swoon?
Stocks historically have not fared well in the ninth month. But the start of fall doesn't always have to mean that stocks will fall.
Sep 7
•
Paul R. La Monica
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Don't sweat September stock swoon?
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Drug store drama
Walgreens CEO Roz Brewer is stepping down. The stock is tanking. The news isn't much better for rivals CVS or Rite Aid either.
Sep 1
•
Paul R. La Monica
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Drug store drama
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August 2023
August and everything after, or what I did on my summer vacation
Time to catch up on what's happening in the markets and economy after a restful couple of weeks away from looking at financial news.
Aug 31
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Paul R. La Monica
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August and everything after, or what I did on my summer vacation
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WeWon'tWork?
Wow. The once high flying unicorn is warning that it may not survive. The company never lived up to the hype...and the Covid-19 pandemic changed the way…
Aug 9
•
Paul R. La Monica
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WeWon'tWork?
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