mediamasmedia/E+ via Getty Images Investment Thesis While many investors focus on the Metaverse and how Meta Platforms, Inc. (NASDAQ:META[1]) can capitalize on it, I remain focused on its core advertising business. Undoubtedly, the advertising growth is expected to decelerate as we navigate through the storm due to the rising recession

Pavel Golovkin/AP Russia is holding onto hundreds of foreign aircraft as it dodges sanctions. Pavel Golovkin/AP SMBC Aviation has written off $1.6 billion on planes that are stuck in Russia. Russia passed a law in March allowing its airlines to register foreign-owned aircraft. Russian airlines are facing problems as Boeing

Weiss Asset Management, a Boston-based hedge fund manager, has agreed to pay approximately $6.9 million to settle SEC charges that it violated the federal securities laws when it unlawfully purchased stock in seven public offerings after selling short those same stocks. The Securities and Exchange Commission[1] charged that between December

Three weeks ago, Wall Street narrowly escaped a bear market, with stocks rebounding at the last minute from a brutal drop that had brought the S&P 500 down 20% from a record high in January. The next few weeks offered a glimmer of hope that the worst of the losses

The May jobs report wasn’t too hot or too cold. It was just right for dispelling recession fears. The US added 390,000 jobs in May, reflecting the ongoing recovery at a slower rate. The report was “probably about the best” the Fed could hope for as it fights inflation, JPMorgan