The chemical industry—companies that create chemicals used in industry, commerce, and a range of other applications—has been thriving for years, until the COVID-19 pandemic. However, a recent report by McKinsey & Co. shows that the post-pandemic period has seen a sharp reversal of this trend, with chemical companies as a group achieving growth of less … Read more
On December 12, shares of media giant Warner Bros. Discovery NASDAQ: WBD grew by more than 15%. The huge success comes thanks to the announcement that the firm will be restructuring its business, which offers several key potential benefits. Wall Street analysts on average raised their price targets, but as of the close of trading … Read more
Every earnings season has its share of overreactions, as stocks can miss both the upside and the downside. Fear of missing out (FOMO) can trigger panic and a leapfrog mentality, where emotions cause an overreaction. Investors can develop FOMO when they believe a stock is rising and don’t want to miss out. However, investors can … Read more