I have to hand it to the management of fossil-fuel giant Exxon Mobil (NYSE:XOM). Despite all of the issues plaguing the energy sector, Exxon Mobil’s executives seem committed to maintaining the high dividend yield of XOM stock. Source: Jonathan Weiss / Shutterstock.com Is this commendable or just stubborn? That’s a legitimate question as the onset of
admin
Shares of edge cloud platform provider Fastly (NYSE:FSLY) are down 10.3% in the past two months. Fastly stock was down a massive 32.2% in October on the back of its lackluster third-quarter financial results. Many investors sensed a golden buying opportunity for the stock, criticized for being overvalued. However, when you dig into Fastly’s core
The mere mention of electric vehicles is well, electrifying. The sector, and other related stocks like Li Auto (NASDAQ:LI) show no signs of slowing down. Source: Carrie Fereday / Shutterstock.com Over the last few weeks alone: Tesla (NASDAQ:TSLA) ran from a July low of $187.43 to $528 Nio (NYSE:NIO) ran from $6.80 to $56 Workhorse
SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test of the rocket to date.
Check out the companies making headlines in midday trading. Deere — Shares of the equipment maker slipped more than 1% despite the company betting top and bottom line estimates during the fourth quarter. Deere earned $2.39 per share during the period, ahead of the $1.49 expected by analysts surveyed by Refinitiv. The company said in
Today’s seesaw markets can be worrisome to investors saving for retirement. Watching account values rise and fall can cause you to feel anxious about your simplified employee pension (SEP) plan. However, your SEP has more advantages than disadvantages, even during times of market volatility. Key Takeaways A simplified employee pension (SEP) is a type of individual retirement
It was a quiet session on Wednesday, the last full day of trading this week. Remember, the stock market is closed on Thursday for Thanksgiving and only open for a partial session on Friday. Let’s look at a few top stock trades moving today. Top Stock Trades for Tomorrow No. 1: Nikola (NKLA) Investors already
The world has been paralyzed by fear of Covid-19 since March, as case numbers continue to climb. The decimation on Wall Street once the quarantine started was also extremely harsh, but by contrast, brief; the pain in equities lasted but for a blink. Pfizer (NYSE:PFE) stock fell 30% before bottoming out in March. And then,
Tech stocks have the potential to deliver spectacular returns. Even older companies that fall to the wayside can release a new product that turns out to be a game changer. Investors won’t easily forget about about the once-struggling PC maker that went on to release the iPod and iPhone — becoming America’s first $2 trillion
The artificial intelligence (AI) market is rapidly growing in North America and the world. The novel coronavirus pandemic has only exacerbated the need for AI leading to explosive growth rates. That makes AI stocks excellent prospects for any portfolio. With the industry projected to exceed $200 billion by 2026, you would want to gain exposure
Next year at this time, we will celebrate the 400th anniversary of what’s considered the first Thanksgiving. Source: Shutterstock You know the story. Colonists who had come to America aboard the Mayflower and celebrated the harvest with the Native Americans. I had forgotten it was a three-day feast. Most of us today gather for one
Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
Traders work the floor of the New York Stock Exchange. NYSE November’s strong rally may have stolen some of the thunder from a year-end rally. Promising vaccine news spurred a major rotation in November into cyclical stocks, like industrials and financials – the stocks that will do well in an economic recovery. The S&P 500
This year has been a challenging one, as financial advisors and their clients have had to navigate unprecedented issues. As we near the Thanksgiving holiday, we asked several of our top advisors to share what has been most meaningful for them this year and how it has shaped their professional outlook. “I’m incredibly grateful for
Big dividends. And I mean really big dividends. Yields that are multiples of the average of the members of the S&P 500 Index. But big dividends are worthless if the companies behind them aren’t up to sustaining them, or if the dividend stocks aren’t working in the market. A dividend yield won’t be worth much
Shares of Carnival Corporation (NYSE:CCL) are down roughly 27% after canceling its entire U.S. fleet until Dec. 31. With the CDC’s no-sail order expiring late last month, investors felt the cruise liner would quickly get the ball rolling again. However, the opposite has transpired so far, with the company in no mood for a fast
Stocks can be cheap for a number of reasons and not all cheap stocks always offer value. Therefore, investors need to do due diligence to find bargain stocks that could also bring solid returns. Today’s article introduces seven of the best cheap stocks that also offer value. Over 80 years ago, economist Benjamin Graham, who
After soaring higher and higher, a handful of Chinese electric vehicle names are slipping on Wednesday. Beloved Nio (NYSE:NIO) stock is joined in the red by Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI). Is it just a change in sentiment? Or is something else plaguing these EV stocks? Dive in below. Source: Scharfsinn / Shutterstock.com Well,
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
Take a look at some of the biggest movers in the premarket: Gap (GPS) – Gap reported quarterly earnings of 25 cents per share, missing consensus estimates by 7 cents a share. The apparel retailer’s revenue beat forecasts, however. Gap’s bottom line was hurt by increased marketing and shipping costs resulting from a shift to