Fool.com contributor and finance professor Parkev Tatevosian compares Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) to determine which growth stock is better for long-term investors. This video was originally published on the Parkev Tatevosian, CFA YouTube channel
The Securities and Exchange Commission has declared the activities of a cryptocurrency site known as Binance illegal in Nigeria. The Commission disclosed this in a statement posted on its website recently. It stated that Binance is neither registered nor regulated by it, and its operations in the country are illegal. It noted that anyone conducting…
Diamond Sports, the owner of Bally Sports regional sports networks, has been ordered by a bankruptcy judge to make full media rights payments to four Major League Baseball (MLB) teams. The company, which filed for bankruptcy in March, aimed to restructure its debt and reset its media rights deals with teams to reflect market rates…
A Fidelity fund has significantly reduced its valuation of Twitter, suggesting that the social media platform may be worth only a third of its value compared to when Elon Musk acquired it in October. The Blue Chip Growth Fund, managed by Fidelity, disclosed that its stake in Twitter was valued at $6.55 million at the…
Elizabeth Holmes, the disgraced CEO of Theranos, has reported to prison to commence her sentence of over 11 years for defrauding investors by misleading them about her company’s blood-testing technology. U.S. District Judge Edward Davila had previously ordered Holmes to surrender by 2 p.m. local time on Tuesday at a minimum-security facility in Bryan, Texas….
Nvidia (NVDA) has joined the elite group of companies with a market capitalization of $1 trillion, thanks to the surging demand for its AI chips. Only eight other companies worldwide have achieved this milestone, including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), and Saudi Aramco. The chipmaker’s recent earnings report and strong revenue forecast…
The AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia (NVDA) exploded 28% higher Thursday after reporting earnings and sales that surged well above Wall Street’s already lofty expectations. That was enough to make investors temporarily forget about America’s dangerous debt ceiling standoff, sending the broader stock market higher —…
Disney’s clash with Florida’s Republican governor and potential presidential candidate, Ron DeSantis, is captivating attention like a reality TV show. While Disney’s strategic maneuvers, including the recent abandonment of a $1 billion office project near Orlando, have dominated headlines, they overshadow the company’s actual struggle in business. In the ongoing back-and-forth with DeSantis, Disney delivered…
Morgan Stanley CEO James Gorman announced at the bank’s annual shareholder meeting that he will step down from his position within the next 12 months. While the specific timing of the transition has yet to be determined, Gorman stated that both he and the board expect the change to occur unless there is a significant…
Elizabeth Holmes has been given a deadline to report to prison by May 30, according to a judge’s decision. This comes after her last-minute attempt to avoid starting her sentence was rejected by an appellate court the day before. Judge Edward Davila, who presided over Holmes’ trial, issued an order on Wednesday stating that she…
