PayPal Holdings (NASDAQ: PYPL) and Corsair Gaming (NASDAQ: CRSR) were beaten down last year for slowing growth, but after reporting better-than-expected financial results for the fourth quarter, these stocks are outpacing the broader market. PayPal and Corsair Gaming are up 11% and 30%, respectively, year to date, easily outpacing the 8% return of the S&P 500 index. PayPal has 435 million customer accounts on its platform. Read More...
MarketWatch
Here come the 5% CDs
If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. You can already get 5% on a one-year CD if you shop around, and there should be more—and maybe better—on offer soon following the latest economic news, which has sent the money markets jumping around. January’s inflation data came in higher than expected, and the markets were surprised by the news, even though Federal Reserve Chairman Jay Powell had basically told them this was going to happen at his press conference a couple of weeks ago.
