End of an Era for “Magnificent 7” Tech StocksAugust 8, 2024by Adam O'DellBanyan Edge, Technology, TrendingLast year belonged to Magnificent Seven stocks. Each posted impressive gains, with even the biggest laggard of the bunch delivering twice the return posted by the S&P 500 index. But now, with interest rates set to fall, these dominant stocks may soon be passing the torch to a whole new generation of tech breakouts.
Even a Superhero Can’t Save Disney’s Lagging StockAugust 5, 2024by Matthew ClarkBanyan Edge, Investing, StocksProducing full-length feature movies isn't cheap, and Marvel movies are no exception. If you factor in other costs like distribution and marketing, the film would have to make $450 million to be profitable. So even though the latest Deadpool movie is on track to break $1 billion, Disney is still pivoting towards more profitable strategies for the future...