In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce

In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce 0
- Finance
- May 24, 2022
Another equity selloff is brewing as a warning from Snapchat’s parent has triggered broader panic, with fears Snap is the next canary in the coal mine for tech. Or it just may be another excuse to sell Monday’s rip, a strategy Bank of America recently advised as it believes full capitulation is some ways off.
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Bank of America raises minimum wage to $22 an hour 0
- Finance
- May 23, 2022
Shares of Bank of America Corp. BAC, -1.71% rose 1.5% in premarket trading Monday, after the moneycenter bank said it raised its U.S. minimum wage of $22 an hour, effective at the end of June. The increase is from $21 an hour in October 2021, and has now increased 47% from $15 an hour in
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‘Workers don’t want toys or free food, they want a higher quality of life’: The Great Resistance is here — as companies struggle to get workers back to the office 0
- Finance
- May 23, 2022
Amy Faust Liggayu, 32, a market-research project manager based in Tinley Park, Ill., mother of a 7-month-old son, never imagined she would have a life where she could spend five days a week with him, while also working full time. But that was before March 2020, when the COVID-19 pandemic forced offices across the country
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Broadcom reportedly in talks to buy VMware 0

May 23, 2022

Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night. Bloomberg News, Reuters, the New York Times and the Wall Street Journal reported the ongoing talks but did not mention a purchase price; as of Friday, VMware VMW, +0.80% had a market cap of about

Elon Musk called ESG a scam — did the Tesla chief do investors a favor?0

Finance

May 21, 2022

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure. Defiance

Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing 0

Finance

May 21, 2022

Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels earlier in the COVID-19 pandemic. Nvidia NVDA, -2.51% is scheduled to report financial results after the closing bell on Wednesday. Analysts surveyed by FactSet

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