Visa and Mastercard credit cards. Getty Images Check out the companies making headlines after the bell: Visa — Shares of the payments giant rose 1% in extended trading on Thursday after beating on the top and bottom lines of its quarterly results. Visa reported earnings per share of $1.42 on revenue of $5.69 billion. Wall
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Your paycheck and pay stubs contain a variety of information about your income and the amounts your employer deducts from it, such as for taxes and insurance coverage. One item you may notice is group term life insurance, or GTL for short. If you see GTL or a similar reference to group term life on
On Wednesday, Jan. 27, President Joe Biden issued a slate of new executive orders aimed at addressing climate change. The actions freeze new oil and gas leases on public lands and put Exxon Mobil (NYSE:XOM) stock in an awkward position. Source: Harry Green / Shutterstock.com As the largest of the world’s eight “oil-majors,” Exxon has long
Inspired by the Reddit forum WallStreetBets’ success in driving a never-before-seen meteoric rally in heavily shorted GameStop (NYSE:GME) stock, retail investors have waged an all-out war against short-sellers, piling into heavily shorted stocks all across the market and sparking short squeezes in many of these names. Some of these so-called “short-squeeze stocks” are doubling, tripling
Pfizer (NYSE:PFE) stock is down nearly 1% so far this year. That’s strange, considering it got its vaccine out the door in record time. The novel coronavirus pandemic has wreaked havoc on the global economy. Pfizer and BioNTech’s (NASDAQ:BNTX) vaccine received Emergency Use Authorization (EUA) due to its excellent efficacy of 95%. But despite that,
With electric cars now going mainstream, autonomous vehicles are the next big bet on the future. Advanced sensor technology like lidar has been seen as one of the keys to self-driving technology. However, not everyone agrees. Israeli automotive sensor technology company Foresight Autonomous Holdings (NASDAQ:FRSX) is betting against both lidar and radar. Instead, the company
Mark Cuban on Thursday cheered the epic short squeeze in GameStop shares, telling CNBC he believes the contingent of investors hyping the stock on sites like Reddit have taken a page out of Wall Street pros’ own book. “It’s not the first time low float or heavily shorted stocks have been targeted,” Cuban said on
Traders on the floor of the New York Stock Exchange. Source: The New York Stock Exchange The short squeeze craziness continues and discussions are split on three lines: the implications for trading (is there a power shift on Wall Street?), the implications for regulations (what action, if any, will the SEC take? should there be position
Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – American’s stock is surging more than 60% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an
In order to really hone in and understand what a portfolio is, let’s take a look at a business example so we took a look at a regular business and how that business can look at its inventory as a portfolio. For example, if we start breaking the business down into a few segments, you’ll
Her focus on disruptive innovation broke the mold of Wall Street money management.
Finding relief for student loan debt becomes even more pressing if you’re one of the millions who have lost their job—or are earning less—because of the pandemic. Here’s some good news: It’s easier than ever to get payment relief for student debt right now, no matter what type of loan you have. We’ll explain the
Electric vehicle (EV) companies entered 2021 running hot, with their stocks sporting massive gains. However, one name that has so far failed to win over Wall Street is Nikola (NASDAQ:NKLA). NKLA stock has been doing better lately, but still remains 78% off its June highs. Source: Stephanie L Sanchez / Shutterstock.com The truth is, Nikola
On my Atlanta street, blue Amazon (NASDAQ:AMZN) trucks have become as familiar as the mailman. So have the profits rolling into Amazon stock. Source: Sundry Photography / Shutterstock.com Now the largest of the big cloud companies by revenue –beating Apple (NASDAQ:AAPL) – and the second-largest retailer in the world behind only Walmart (NYSE:WMT), Amazon has
While big telecommunications stocks like AT&T (NYSE:T), Verizon Communications (NYSE:VZ) and T-Mobile US (NASDAQ:TMUS) remain bargains because of their debt levels their landlord, American Tower (NYSE:AMT) stock is trading like an internet stock. Source: Pavel Kapysh / Shutterstock.com Shares were due to open Jan. 25 at about $224 each. That’s a market cap of $99
The news spread everywhere by Monday — GameStop Corp. (NYSE:GME) was the most traded stock on financial manager Fidelity’s trading platform. Source: Shutterstock Everyday traders have been piling into the stock, while Wall Street insiders with massive short positions that assumed it would fall have been getting clobbered. As you can see in the chart
A customer holds a GameStop shopping bag inside a store in San Francisco. David Paul Morris | Bloomberg | Getty Images Wall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed to push the stock up 1,500% in two weeks, squeezing out short-selling hedge funds. A wave of at-home
A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images The economy continued to chug along in the fourth quarter, boosted by a surge in business
Former President Donald J. Trump’s administration had frequent clashes between the federal government and the states, in which he claimed maximum power for the executive branch but at other times deferred to the states in matters typically regarded as the responsibility of a national government. Some of the conflicts were set off by the COVID-19
As I write this, AMC Entertainment (NYSE:AMC) stock trades just above $14. By the time you read this, the price no doubt will be different … potentially much different. Source: Helen89 / Shutterstock.com After all, AMC stock has made a massive move over the last few sessions. It gained 66% in three days before a