Month: June 2022

It was more of the same with U.S. stock markets in May, meaning that investors won’t be getting much reprieve from volatility in the near future. Virtually every U.S. stock index has more or less succumbed to bear markets. Hence, investors gravitate towards safe stocks that provide a hedge against troubling market conditions. You invariably
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Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency lending platform. Bitcoin  BTCUSD, -13.61%  has slumped around 12% over the past 24 hours, last trading at levels not seen since late 2020 of around $24,228, with a low in that
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Suffice it to say that Utah-headquartered Black Rifle Coffee (NYSE:BRCC) isn’t a run-of-the-mill coffee-shop chain. The company is ambitious and unique, with its focus on constitutionally protected freedoms. If you’re on board with the company’s vision and can handle some risk, then BRCC stock may be worth considering. Mainly, the risk comes from Black Rifle Coffee’s
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As the price of a college education continues to soar, many American families are counting on significant outside help to foot the bill. Consider that the average cost for tuition and fees at an out-of-state public university is, as of 2022, nearly $24,000 per year, according to The College Board. For private schools, tuition and fees average
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U.S. companies continued to adjust their net income numbers in 2021 to exclude billions of dollars worth of items, according to a new report from financial data provider Calcbench. Just a few years after a Securities and Exchange Commission crackdown on the overuse of nonstandard accounting metrics, companies in the S&P 500 index resumed the practice in
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Politicians don’t have a great reputation, especially these days. But some of them have had a good run with investing in stocks. This is a hot topic now because they have so many conflicts of interest. Their jobs most likely offer them unfair insider advantages, even if they don’t set out looking for them. Today,
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In the year thus far, Raytheon Technologies (NYSE:RTX) stock has done very well, bucking the overall bearish trend amongst the broader markets. The company specializes in defense, security, and aerospace. They provide weapons systems, missile systems, precision strike technology solutions, and intelligence to customers worldwide. Raytheon Technologies has been around since 1922, when it was
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Source: Tero Vesalainen / Shutterstock.com Ride-hailing and delivery company Lyft (NASDAQ:LYFT) continues to disappoint investors on multiple fronts. LYFT stock is down 63% year to date and trading 78% below its initial public offering (IPO) price of $72 per share from March 2019. Currently, shares sit just above their all-time low. The San Francisco-based company
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U.S. stock-index futures sank Sunday after Wall Street’s worst week since January. Dow Jones Industrial Average futures YM00, -0.67% fell more than 200 points, or 0.6%, late Sunday, while S&P 500 futures ES00, -1.06% and Nasdaq-100 futures NQ00, -1.62% posted declines of more than 1%. Prices of bitcoin and other cryptocurrencies also slid over the
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