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Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%
Retail Stocks

Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%

Highlights: Kohl’s Corporation (NYSE: KSS) posted net sales of US$5.47 billion in the first quarter of 2022. KSS’s revenue of US$3.71 billion is down from the previous year’s US$3.88 billion. The retailer cuts its full-year p...

5 penny stocks to watch in June: PVL, SNRG, GOFF. CHKR & FDOC
Penny Stocks

5 penny stocks to watch in June: PVL, SNRG, GOFF. CHKR & FDOC

Highlights Permianville Royalty Trust (NYSE: PVL) stock has a P/E ratio of 38.84 and a dividend yield of 7.17%. Susglobal Energy Corp (OTC: SNRG) company has a free float of 82.61 million and outstanding shares of 101.25 million. Goff Corp&rsq...

How soon will FAANG stocks see a bull run?
Stock Market

How soon will FAANG stocks see a bull run?

Highlights: FAANG stocks plummeted close to 37% in 2022, the year of the tech rout. The S&P 500 tumbled 16% YTD in 2022. FAANG stocks’ combined market valuation is US$7 trillion. It has been a roller coaster ride for investors a...

Will Russia’s decision to legalize cryptos reenergize the market?
World News

Will Russia’s decision to legalize cryptos reenergize the market?

Highlights  Russia plans to legalize cryptocurrencies for making payments. The Russian Central Bank would soon formulate a crypto rule.   The sanctions may have pushed Russia to rethink its earlier opposing stance. Russian ...