Month: March 2023

In this article, we’ll look at what stocks Democratic congressmen are buying. The reason? Simple. Many investors believe U.S. lawmakers have the inside track regarding the stock market. Hence, stock pickers are increasingly monitoring their trades to see if they fit their investment profile. Last September, former House Speaker Nancy Pelosi announced that the Senate
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In this article KRE FRC PACW Follow your favorite stocksCREATE FREE ACCOUNT First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the health
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Bitcoin fell Wednesday after the Federal Reserve raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell said it’s “the most likely case” that the central bank would refrain from cutting its key interest rate this year.  The largest cryptocurrency BTCUSD, -0.65% dropped 4%
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We take a look at ETFs that surged or plunged since SVB failure (KRE, IAT, GLD, IYW, KBE). Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, February 1, 2023. Jonathan Ernst | Reuters The Federal Reserve is expected to raise interest rates Wednesday by a quarter point,
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When GameStop (NYSE:GME) reports earnings on March 21 after markets close, Wall Street expects a damp squib. Analysts anticipate revenues of only $2.18 billion, 3.2% less than last year’s figures. And net income should clock in at a -$48.5 million loss. Fewer new console games… a reduced store count… bad news from suppliers… we’re probably seeing
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Dear Quentin, My uncle was married many years ago, but he divorced and has remained single ever since. His first wife took him to the cleaners financially. They had no children. He is currently in a romantic relationship and has enjoyed the company of the same lady friend for many years. They live separately. He
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The conversation surrounding which dividend stocks to buy and which to avoid centers on a wobbly economy. The failures of banks including Silvergate Capital (NYSE:SI), Silicon Valley Bank (NASDAQ:SIVB), and Signature Bank (NASDAQ:SBNY) sent shockwaves rippling through the financial system. As a result, the potential for a financial crisis a-la 2008/2009 remains high. The FDIC has stepped in, and things appear calm, for
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Amongst investors, sentiment for Lucid Group (NASDAQ:LCID) has clearly swung back to bearish. However, among the Wall Street analyst community, opinions on LCID stock differ. Sure, some sell-side analysts have downgraded the electric vehicle maker’s shares recently. Many other analysts, though, have maintained bullish ratings on the stock, but have reduced their price targets. With
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