Why You Should Avoid Overvalued and Overhyped CRM Stock (for Now)

Source: Sundry Photography / Shutterstock.com It may be tempting to invest in customer relationship management (CRM) software specialist Salesforce (NYSE:CRM) right now. Yet, caution is advised, as CRM stock isn’t a bargain at all. It will be difficult for Salesforce to live up to the company’s expectations, especially now that Salesforce is aggressively slimming down. At …

7 Stocks That Will Bring Success to the Dividend Investor

With the market likely to encounter myriad variables this year, investors should really consider dividend stocks to buy. Fundamentally, companies that provide passive income to their stakeholders tend to weather down cycles better than their growth-centric counterparts. Mainly, this is because dividends come from profits – and profitable enterprises tend to enjoy well-established businesses. Another …

Google AI researcher resigns after learning Bard uses data from ChatGPT: report

An AI researcher at Alphabet Inc.’s GOOGL, +1.46% GOOG, +1.41% Google resigned because he discovered data from its Bard chatbot came from OpenAI’s ChatGPT, which powers Microsoft Corp.’s MSFT, +0.90% Bing Chat search features. According to a report in The Information, researcher Jacob Devlin has since joined OpenAI after discovering Google relied “heavily” on data …

Virgin Galactic stock gains, even as Virgin Orbit shares plunge after cutting most of its staff

Investors in Virgin Galactic Holdings Inc. SPCE, +2.71% could take a breath Friday, as shares in the aerospace and space travel company appeared unaffected by the troubles facing rocket-launcher builder Virgin Orbit Holdings Inc. VORB, -33.90% Sir Richard Branson is the largest shareholder for both companies, according to FactSet data, and is also chairman of …

Amarin stock falls after CEO Mikhail resigns, company disputes CEO asserting of entitlement to severance

Shares of Amarin Corp. AMRN, -2.92% rose dropped 5.5% toward a near three-month low in premarket trading Friday, after the biopharmaceutical company focused on therapies for cardiovascular health disclosed that Chief Executive Karim Mikhail has resigned, effective immediately, after about 19 months in the role. “Mr. Mikhail has asserted that he is entitled to severance …

Stocks making the biggest moves premarket: BBBY, NKLA,VORB

An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey.  Kena Betancur | Corbis News | Getty Images Check out the companies making headlines before the bell. Bed Bath & Beyond – Bed Bath & Beyond shares dipped 2% before the bell, building on a more than …

Fed’s Collins welcomes ‘bit lower’ PCE inflation but says overall ‘not a lot of progress’

There is some positive news in the February personal consumption expenditure price index report, but inflation remains too high, said Boston Fed President Susan Collins on Friday. In an interview with Bloomberg Television, Collins noted that the “bit lower” data in February needed to be viewed along with highly elevated readings in the prior two …

7 Growth Stocks for a Down Market

Finding the right growth stocks for a down market can be tricky. The last 12 months have been challenging for equity markets. During this period, the S&P 500 index has declined by 13%. The impact on growth stocks has been severe with several high-flying names having plunged by more than 50%. There are growth stocks …

ALLY Stock is Too Risky and Too Late to the Fintech Party

Based upon its advertising, Ally Financial (NYSE:ALLY) is a digital-first provider of financial services. However, while Ally may position itself as a fintech-like entity, those in the know about ALLY stock are well aware of the company’s true business: auto lending. Ally Financial is the successor to GMAC, the former finance arm of General Motors …