Record gas prices hit the start of the summer travel season for Americans

Millions of Americans set out on the road over Memorial Day weekend, with gas prices soaring at a record. The national average price for a gallon of unleaded regular gas was $4.67 as of Wednesday, according to the AAA, $1.63 higher than the previous year and about 14% higher than the pre- 2022 high of … Read more

Airlines are facing a severe shortage of pilots as the summer travel season approaches

Carolina Larson was in her mid-30s working at an investment bank in New York City when she overheard a co-worker talking about flying lessons. Soon she was taking lessons at the same flight school and planning to change her profession. “I emptied my 401(k) and maxed out my credit card and borrowed money from friends,” … Read more

2 Tech Stocks That Now Look Impossibly Cheap

font size Micron Technology memory chips are becoming increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies like Western Digital And micron technology And That makes digital storage, it was a poor investment. So let me tell you why, at a time when tech stocks … Read more

Apple, Tesla, and these shares were bought out of tech wrecks

font size Apple Store signs appear at Grand Central Station in New York. Michael M. Santiago / Getty Images To say it’s been a tough year for tech stocks is an understatement, with tech heavy Nasdaq Composite Landing in a bear market area and a stalwart like apple And Amazon Extension of loss periods for … Read more

Travel is recovering, but travel stock is recovering. Here where the opportunities.

Travelers’ Dream: Spring in Paris. Work at some online travel agencies has almost doubled. AFP/Getty Images font size After two years of staying put, Americans are once again planning their summer vacations, giving a huge boost to the travel industry. So why are investors staying away from the trip? Airlines hinted at recovery when it … Read more

Travel is recovering, but travel stocks are not. Here where the opportunities.

Travelers’ Dream: Spring in Paris. Work at some online travel agencies has almost doubled. AFP/Getty Images font size After two years of staying put, Americans are once again planning their summer vacations, giving a huge boost to the travel industry. So why are investors staying away from the trip? Airlines hinted at a recovery when … Read more

US venture capital pours into Canadian tech startups

US investors are pouring money into Canadian IT startups, which last year raised a record $13.6 billion in venture capital, more than double the previous record set in 2019, according to researcher PitchBook Data Inc. Many are drawn to the North by the booming tech hubs in places like Toronto and Vancouver, where in recent … Read more

US venture capital pours into Canadian tech startups

US investors are pouring money into Canadian IT startups, which last year raised a record $13.6 billion in venture capital, more than double the previous record set in 2019, according to researcher PitchBook Data Inc. Many are drawn to the North by the booming tech hubs in places like Toronto and Vancouver, where in recent … Read more

US venture capital pours into Canadian tech startups

US investors are pouring money into Canadian IT startups, which last year raised a record $13.6 billion in venture capital, more than double the previous record set in 2019, according to researcher PitchBook Data Inc. Many are drawn to the North by the booming tech hubs in places like Toronto and Vancouver, where in recent … Read more

Dozens of stocks in the Standard & Poor’s 500 index experienced their worst quarter ever, as technology shares plunged in value by nearly $2 trillion.

The stock sale at the start of 2022 led to the worst quarter in history for dozens of S&P 500 stocks, as investors punished pandemic darlings and high-value tech companies, and knocked out nearly $2 trillion from market capitalization. Tech companies received the brunt of the first-quarter sell-off that was felt all over Wall Street, … Read more