Last year was the worst year for publicly traded real estate investment trusts, or REITs, since 2008, as was recently pointed out in an article on WealthManagement. The FTSE All Equity REIT Index lost a quarter of its value last year compared with a 40% drop during 2008. However, the article also notes that several real estate
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As supply chain issues linger, airlines will be relying on servicing of existing fleets to keep up with continued customer demand in 2023, and Rolls-Royce Holdings PLC is well placed to tap into that. That’s according to Deutsche Bank, which upgraded Rolls-Royce RR, +2.01% to buy from hold on Thursday, lifting its target price to
A trader works on the floor of the New York Stock Exchange. Peter Kramer | CNBC NYSE President Lynn Martin and other exchange officials confirmed to CNBC that the root cause of the Big Board’s trading glitch at the Tuesday open was due to a manual error involving the Exchange’s Disaster Recovery configuration. After the 9/11 disaster,
In this article CVX CSX LEVI NOW LVS IBM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell.
Judging by a large number of articles about Mullen Automotive (NASDAQ:MULN), and the number of people talking about MULN stock on social media, Mullen has become a leading meme stock with a sizable cult following. However, as hot as it may appear from the outside, the company appears to be untrustworthy to me. I also
On Friday, Italian e-scooter firm Helbiz (NASDAQ:HLBZ) joined Genius Group (NYSEMKT:GNS) in cracking down on short sellers. “The recent underperformance of our shares compared to the market is a clear indication of the illegal short selling activities that have taken place,” said CEO Salvatore Palella in his strongly worded press release. “We will not tolerate
Global leaders want millions of electric vehicles on the road by 2030. President Biden, for example, wants 50% of all new autos sold in the U.S. to be electric vehicles by 2030. And at this point, we’re already starting to see a massive shift toward EVs. All of those developments make this a great time
The Bank of Canada, as expected, raised its key interest rate by a quarter of a percentage point Wednesday, but surprised traders as it signaled a readiness to put further hikes on pause if the economy cooperates. The prospect of a series of aggressive interest rate increases coming to an end served to weaken the
On today’s show I talk with author, Andy Edstrom, about how traditional finance views Bitcoin and how the environment is quickly changing. Andy is the author of the book, Why Buy Bitcoin. IN THIS EPISODE, YOU’LL LEARN: – How typical financial managers deal with clients interested in Bitcoin – Regulatory Limitations for most fund managers
We’re going to talk about option trading and earnings. You’ll understand all options trading strategies if you are into an intermediate or advanced level. I’ll break down option strategies for you and show you what to do when it comes to earnings and price ranges. Also, we’re going to take into account all the risks
In this article UNP LULU SYF MMM AMD PCAR BBBY LYFT Follow your favorite stocksCREATE FREE ACCOUNT A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Check out the companies making headlines in midday trading
Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) can enjoy one piece of supposedly positive news. Reportedly, a judge dismissed a fraud-related lawsuit against Lucid. Feel free to take a moment to celebrate this, if you’d like. Then, re-focus on the company’s financials and you’ll surely be convinced to steer clear of LCID stock. For two years, Lucid
As we get into earnings season, the investment calendars are starting to fill up. That has investors wondering what the hot stocks for tomorrow will be. While it helps that the Federal Reserve has entered its blackout period, it doesn’t help that we will have a Federal Open Market Committee (FOMC) meeting in early February.
With the shifting of market fortunes over the past year, we’ve seen a major rotation. Growth stocks are out. Meanwhile, investors have gravitated to value and dividend stocks. That’s an entirely logical reaction, as these sorts of stocks tend to hold up better during bear markets and recessions. However, the rush of money into these
EasyJet PLC said Wednesday that it expects to beat fiscal 2023 market consensus for pretax profit after first-quarter revenue rose, and that booking strength continues across the second quarter and into the summer season. The U.K. low-cost carrier EZJ, +9.19% said it expects to beat market consensus of a pretax profit of 126 million pounds
In this article ICE Follow your favorite stocksCREATE FREE ACCOUNT A trader works on the floor of the New York Stock Exchange. Peter Kramer | CNBC The New York Stock Exchange experienced technical issues at the open Tuesday. Dozens of stocks opened at prices well above or below their prior day closing prices. Most were halted
In this article MSFT CNR-CA COF TXN Follow your favorite stocksCREATE FREE ACCOUNT A building with offices belonging to Microsoft is seen in Chevy Chase, Maryland, January 18, 2023. Saul Loeb | AFP | Getty Images Check out the companies making headlines after the bell: Microsoft — The tech giant saw shares rise 4% in extended
On Jan. 20, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) followed the lead of its big tech peers, by announcing large-scale layoffs. While unfortunate for the 12,000 employees now out of work, the question for investors is what it means for GOOG stock going forward. Following this news, shares in the Google parent have rallied, yet it’s possible that investors
The dust seems to be settling when it comes to Rivian Automotive (NASDAQ:RIVN). Thus far in 2023, RIVN stock has moved down just 2%. In the eyes of investors, the worst may appear to be priced in. As you may recall, RIVN collapsed in price during 2022, as investors responded to high inflation, rising interest
With humanity having exploited much of the readily available resources on Earth, the invariable journey upward incentivizes investors to consider space stocks to buy. Fundamentally, the so-called space economy commands an extremely large total addressable market. According to information cited by the World Economic Forum, this segment reached a valuation of $469 billion in 2021.