Securities and Exchange Commission Chairman Jay Clayton is telling corporate America it needs to get much more vigilant on security. In an interview Monday on CNBC’s “Power Lunch,” stressed that significant cybersecurity threats remain, despite the ongoing coronavirus pandemic and election season. “Cyber risks have not gone away with the unfortunate, unforeseen risks we’ve faced with
Month: November 2020
Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Alibaba — Shares dropped more than 5% after Ant Group’s record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly
In investing, as in life, a lot can change in ten years. As a result it can be tricky to predict what stocks to sell as certain sectors become less popular. An investor need only look backward to see how true that is. At the moment the six most valuable companies in the world are
Some of Robinhood’s wealth, flush with cash from three rounds of fund raising this year, seems to be rubbing off on investors trading on the platform. In June, Goldman Sachs reported that “amateurs’ favorite stocks are beating hedge fund picks.” Two months later, Adam Sender’s volatility hedge fund was reported to have returned 30% partly via
Fisker Motors (NYSE:FSR) has completed its merger with Spartan Energy Acquisition, a special purpose acquisition company (SPAC), and begun trading on the New York Stock Exchange. Source: Eric Broder Van Dyke / Shutterstock.com It’s just one of the slew of SPACs that have helped the NYSE gain on the NASDAQ, as the Financial Times noted
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: PayPal — Shares of the payments company dropped 4% in after hours trading Monday despite reporting better-than-expected earnings. PayPal earned $1.07 per share on revenue of $5.46 billion.
Semiconductor ETFs are soaring this year; here is what investors need to know about four ETFs in the space (SOXX, SMH, XSD, PSI). IShares PHLX SOX Semiconductor Sector Index Fund: https://www.zacks.com/funds/etf/SOXX/profile?cid=CS-YOUTUBE-FT-VID Van Eck Semiconductor ETF: https://www.zacks.com/funds/etf/SMH/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Semiconductor ETF: https://www.zacks.com/funds/etf/XSD/profile?cid=CS-YOUTUBE-FT-VID PowerShares Dynamic Semiconductors Portfolio: https://www.zacks.com/funds/etf/PSI/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter:
The U.S. stock market is not off to a good fall season. The S&P 500 Index is currently down by 7.6% since Sept. 2 to date, and that includes the bit of recovery in the earlier days of October. Source: S&P 500 Index Total Return — Source: Bloomberg In the October issue of Profitable Investing,
What does a Joe Biden victory mean for election stocks? The Democratic nominee is favored to win in the Nov. 3 U.S. presidential election. While many are concerned potential policy changes could impact the markets, David Kass, a clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business, sees some
Master Limited Partnerships — or MLPs for short — are highly appealing for income investors. That’s because they typically offer high yields. But investing in MLPs can still be a double-edged sword. Why? They are highly concentrated in the oil and gas industry, one of the hardest-hit segments of the economy over the past year.
When former Vice President Joe Biden announced his $2 trillion climate plan, investors immediately began pouring their money into solar companies like Sunrun (NASDAQ:RUN). Between this and its recent merger with rival Vivint, RUN stock has risen more than 200% since Biden cinched the Democratic nomination back in June. Source: IgorGolovniov / Shutterstock.com Investors will
The global governmental response to the coronavirus pandemic has been rife with shortcomings that have prolonged the acute phase of the health crisis, “Black Swan” author Nassim Taleb told CNBC on Monday. “I think this is a case study of government worldwide incompetence in dealing with a problem and denial,” said Taleb, whose best-selling 2007
How is Wall Street positioned for the election? Even Wall Street isn’t sure. For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory that would likely entail some kind of large-scale stimulus. Investors were buying small-cap stocks, infrastructure plays, and
Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than 4% ahead of the company’s third-quarter results, which will be released after the bell. Research
Bear markets are never nice. Whether you were caught on the wrong side during 1973–1975, 2000–2002, or in 2008, you felt the pain. We saw more of the same earlier this year, when the novel coronavirus pandemic upended markets, leaving retail investors in the lurch. With the second Covid-19 wave already upon us, many investors
Penny stocks are a fascinating part of the stock market. The high-risk high-reward nature of penny shares makes them compelling. Everyone has seen that stock that went from a buck to $10 a share, creating a small fortune for traders. On the other hand, it’s no secret that most penny stocks aren’t great investments. After
Moderna (NASDAQ:MRNA) stock is getting ready for prime time. Its Covid-19 vaccine is nearing completion of its testing phase probably sometime in November. The Moderna stock, already up substantially, could take off then. Source: Shutterstock.com At that point, the company will apply for an emergency use authorization (EUA) with the Federal Drug Administration. CEO Stephane
An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier | AFP | Getty Images Check out the companies making headlines in midday
Eastman Kodak (NYSE:KODK), a name long forgotten, is making major news headlines this year. The company was a pioneer in the advent of the film camera but fell off the bandwagon in the early 2000s. In a surprising turn of events this year, Congress enlisted the help of Kodak to manufacture medical supplies. Kodak stock
The stock market remained volatile for much of this year but it also presents a great opportunity for beginners. Most major stocks are priced at their worst-case scenario at the moment. This means an investment made today can result in lucrative long-term returns. But which stocks to buy for beginners? When it comes to making investments in