Should I Buy GOOG on Monday After Its Big Split?AlphabetWe’ve talked about how some great stocks are on sale right now.Here’s one for you: What if a stock went from $2,260 per share to $113… in one day… and nothing about this dominant business changed?You will see that Monday morning with shares of Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL).But don’t get too excited. In this case, $113 = $2,260.That’s impossible, of course. So what’s going on?GOOG shares are splitting 20:1. After Friday’s close, every single GOOG share gets divided into 20 shares. There will now be 20X more shares on the market, but the price per share be 1/20th of what it used to be.This is not some once-in-a-lifetime bargain to jump on.However, interesting things can and do happen around stock splits. So in today’s Market3

Starbucks: It's Not in Formal Sale Process for UK BusinessStarbucks Corp is not in a formal sale process for its UK business, a company spokesperson said in a statement after The Times reported earlier on Saturday that the coffee chain is exploring a sale of the UK operations.According to the Times report, Starbucks has not initiated a "formal sales process" of its UK business and continues to "evaluate strategic options" for its company-owned international operations.The company faces rising costs and competition from rivals like Pret A Manger, Tim Hortons and Costa, the newspaper said.

Global X SuperDividend ETF (SDIV) $Global X SuperDividend ETF(SDIV)$ is offering a very attractive dividend yield of 10.18% that is paid out monthly! Even after a 30% dividend tax, the yield is still good at around 7%.Upon further digging, I noticed that the ETF has only generated 0.93% per year for the last 10 years. This means that the ETF price has been falling and ate up the dividend gains over the years.I can think of two reasons. One is that such high yield stocks tend to be trashy and hence the underlying stock performance are bad. Second is that the ETF might be partly distributing capital, on top of the dividends, to improve the yield, causing the value of the ETF and the price to go down.After considering the 30% div tax, a foreign investor in SDIV will actually lose money even a

Snowflake Drops6% As Cloud Software Stocks Continue to StumbleSnowflakeSnowflake (NYSE:SNOW) shares fell more than 6% Thursday as the cloud-based data platform company gave back a big chunk of its prior-day's gains in another broad selloff across the tech sector.Snowflake's (SNOW) erratic activity has seen the company's shares fall to a 52-week-low of $110.26 on Tuesday, and then close at $122.54 on Wednesday following upbeat reaction to its Snowflake Summit user conference and investor day earlier this week. Truist Securities analyst Joel Fishbein spoke for many Snowflake (SNOW) watchers saying, "We have high confidence that the company will hit their $10B revenue target."But, on Wednesday, Snowflake (SNOW), and other cloud-based software stocks found no relief, as more fears of a recessi

Tesla Receives Recall Order From Germany for Models Y Tesla MotorsGermany’s automotive regulator has called on Tesla Inc. to issue a recall for its models Y and 3 because of a technical problem in the cars’ emergency system.The Federal Motor Transport Authority can only order a recall in Germany, but said on its website that a total of more than 59,000 Teslas would be affected worldwide.The German agency identified a glitch with the cars’ emergency system, which should automatically call 911 in the US, or the relevant emergency line in other countries, in the event of a serious accident. Affected owners were told to call the manufacturer or drive to an authorized repair shop for a software update.The notice was published on June 29 and reported by public broadcaster Rundfunk Berlin-Br

Meta Platforms: Betting on Its Innovative DNAMeta Platforms, Inc.+0.17%META stock experienced a decline in value due to high inflation and regulatory headwinds. However, the market’s expectations are so low that a few improvements in its business should boost the stock price. Meta’s growth prospects and value are too important to ignore.Meta Platforms (META), the tech giant formerly known as Facebook, made a surprising recovery after releasing its earnings report in April, sending its shares up 13%. Unfortunately, the stock has plummeted by more than 55% from last year’s trillion-dollar peak. Despite this, I am bullish on META stock.Its first-quarter earnings showed a recovery in daily active users for Facebook, comfortably beating analyst estimates. Considering the company’s positive quar

Microsoft’s Turn Is Coming in Stock Battle of Titans Software maker’s shares are underperforming Apple’s this year Analysts see Microsoft growth more durable than iPhone maker’s Signage outside the Microsoft campus in Mountain View, California.Photographer: David Paul Morris/Bloomberg In the stock market contest this year between the two biggest US companies, Microsoft Corp. has been no match for Apple Inc. With consumer spending under threat from a possible recession, some analysts are betting that performance is about to turn around. Their valuations might be similar, but their business models are quite distinct. Much of Microsoft’s almost $200 billion of annual revenue comes from providing essential software and services to businesses. Meanwhile, Apple is more at the mercy of consumer d

Disney Stock: More Upside Potential Ahead after Magical Q3Disney stock is fresh off a great third quarter led higher by Parks and its streaming platform Disney+. As the firm’s segments fire on all cylinders again, count me as unsurprised if the firm can surge into a recession.Shares of media kingpin and video-streamer Disney (DIS) have been on quite a tear of late, soaring off their June lows. Undoubtedly, the stock was oversold and was long overdue for a relief bounce on the back of numerous catalysts I pointed out in prior pieces. Theme parks are flexing their muscles again, and recentDisney+ numbers were far better than feared. Indeed, there’s hope that the company’s third quarter is just a hint of what’s to come for the House of Mouse going into year’s end.

Amazon Sells More Than 300 Million Items During Prime DayAmazon.com Inc. said this year's Prime Day event, its annual shopping blitz, was its biggest ever, offering few specifics in a year when shoppers are being squeezed by inflation.Amazon said in a statement Thursday morning that customers purchased more than 300 million items during the event, adding that some of the bestselling items were premium beauty products, Apple Watches, diapers and kitchen items.The company said it sold more Amazon devices during this Prime Day than any other and that Prime members saved more than $1.7 billion from shopping the deals.An Amazon spokesperson said Thursday that Prime Day sales growth increased from a year ago.

The Fed Could Crush the Stock Market The market is expecting another big rate hike from the Fed.But how big that rate hike could be is still a mystery.August data showed that the Fed still has work to do to rein in inflation.Since inflation data for August came in hotter than expected last week, investors have been on edge. The market sent the Dow Jones Industrial Average tumbling by more than 1,100 points last week. Despite the pain, the worst still may be to come, with the Federal Reserve's September meeting kicking off today and wrapping up tomorrow. Here's how the Fed could crush the stock market tomorrow and also why you shouldn't panic.What kind of rate hike is coming?In August, the Consumer Price Index (CPI), which tracks the prices of a range of daily consumer goods and servic