Gupta Brothers Arrested in Dubai, Offering Relief for South Africa’s Embattled President Dubai police arrested two brothers at the center of a sprawling government graft scandal in South Africa, offering some relief to that country’s embattled president, Cyril Ramaphosa, and his sputtering anticorruption drive. Jun. 7, 2022 at 8:33 a.m. ET by Gabriele Steinhauser
Month: June 2022
Tesla (NASDAQ:TSLA) has been on a roll over the past week, with TSLA stock gaining 16% through May 31. The electric vehicle (EV) maker’s fanatical retail investors are a big reason for the gains. According to Bloomberg, retail investors bought more Tesla stock in May than in any month since August 2020. As of May
In this article RUN DIDI TWTR Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies —
The current short-term recovery has put the stock market at a crucial point. Many stocks have been devastated by recent selloffs and investors are still split on whether or not the market is in oversold territory yet. While some point to the Federal Reserve’s (Fed) planned interest rate hikes and call for a recession, others
When Wall Street is as wild as it is right now, investors may look to find portfolio safety among dividend stocks. And, these quality dividend stocks should catch their eye, as they all have low payout ratios. That means that dividends, as a portion of earnings, are a low percentage. In turn, this ensures that
PayPal (NASDAQ:PYPL), a leading digital payments processor, has been making its shareholders unhappy in 2022 as PYPL stock has declined year-to-date by 54%. If you’re a contrarian investor, you might now be thinking that PYPL stock could be a buy now. Here are three reasons why that’s not a good idea. PYPL Stock and the
While Craigslist, the e-commerce site is still an option, it is easy to find alternatives for anything you might want to buy or sell. And in terms of finding a job, date, or a new roommate, there are safer and easier-to-navigate online alternatives to Craigslist. Whether you want to sell your car, buy new patio
BuzzFeed Shares Drop 41% in Wake of Investor Lockup Expiration The stock move, which occurred after a ban preventing executives and major institutional investors from selling shares was lifted, marked the media company’s worst one-day percentage drop in its short trading history. Jun. 6, 2022 at 7:06 p.m. ET by Patience Haggin
These six consumer brand companies make the best buy and hold stocks to hold during an upcoming recession. This is due to their long-term value and quality earnings. As a result, investors in these stocks have a good chance of limiting the damage to their portfolios due to a recession. Moreover, once the market turns
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $350 million and pay part of that as a dividend if the deal is consummated,
An array of electric vehicle companies went public last year, which propelled the valuation of electric vehicle stocks to new highs. Though these companies are far from generating profits, they represent a way for investors to wager on the future of transportation. EV companies have attracted widespread customer interest, suggesting that they aren’t too far
With the speculative mania of 2020 and 2021 now a distant memory, many penny stocks that surged have all but given back their gains. Along with this, many former high-fliers have joined them, as members of the penny stock club. Once trading at lofty levels, these names now command more modest prices. In some situations,
If you are among the millions of Americans who contribute to a 401(k) plan, you receive a quarterly account statement composed of dull, incomprehensible prose. To maximize your 401(k), you’ll need to understand the types of investments offered, which are best suited for you, and how to manage the account going forward, among other strategies. Key
Starbucks Is Seeking Fresh Blood in CEO Search Starbucks’s interim CEO Howard Schultz, back for his third stint at the coffee giant, said it needs fresh blood and a “different type of leader,” and is focusing on external candidates. Jun. 6, 2022 at 12:01 a.m. ET by Heather Haddon
GameStop (NYSE:GME) stock is once again proving its detractors wrong. I’ve certainly been among those detractors. And I’ve been proven inaccurate in judging GameStop’s trajectory. Once its run seems to have reached an end, it surges back to life. Its volatility is unpredictable. That’s positive news for retail investors as the company once again springs
In this article WDAY DHR COP NVDA MRVL Workday co-founders and co-CEOs Aneel Bhusri (left) and Dave Duffield (center) applaud their company’s first trade after their IPO at the New York Stock Exchange on Oct. 12, 2012. Brendan McDermid | Reuters The last week of May put our minds slightly at ease with a relief
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters OPEC+ is expected to stick to its current production agreement for now, but behind the scenes the oil producing nations could be planning for the day when Russia’s
Investing in blue-chip stocks with dividends is a match made in heaven. Blue-chip stocks have had a history of producing market-beating returns, and if you blend them with dividends, there’s nothing like it. Investors who are looking for steady returns and minimizing their risk should opt for blue-chip stocks that offer dividends. Investing in the
AMC Entertainment (NYSE:AMC) stock had quite the Memorial Day weekend at the box office thanks to Tom Cruise’s revival of the Top Gun franchise 36 years after the original first appeared in theaters. According to the company, out of nearly 4 million tickets sold over the holiday weekend at its theaters, 3.3 million were for
Dictionaries list several different definitions for the word “ethics.” The primary definition is a system of moral principles, and a secondary definition is that ethics are the rules of conduct as used by a specific group or culture. The final definition of ethics is a branch of philosophy dealing with values relating to human conduct,
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