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The #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.Despite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.The strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets , cumulatively make for a compel

Stock futures edge up ahead of retail sales data. S&P 500 index is headed toward its 30th record clo

U.S. stocks are seen opening marginally higher Monday, remaining near record levels, heading into a

NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th

Firms are “flush with cash” and spending is at its highest in history, according to investment firmJefferies, which recommended dozens of U.S. and global stocks to play the trend.Jefferies’ capital expenditure — or capex — indicator is “going ballistic,” the bank said in a research note Monday, and there has been a surge in corporate spending on big-ticket goods such as ships, as well as on smaller items like plant equipment.Investment bankJPMorganalso picked stocks set to get a boost from the c

TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.Facebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.In the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.Amazon trades at 51.5 times forwar

(June 8) Big tech stocks gained. Apple, Amazon rose over 1%.Apple could hit a $3 trillion market cap