Billionaire investor Leon Cooperman told CNBC on Friday that he was concerned about the long-term outlook for the stock market because “too much debt is being created.” “I think the overwhelming reality is the Fed is just creating this environment of free money. You have to kind of make a judgement whether that’s justified, how
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Spencer Platt | Getty Images News | Getty Images After an initially exuberant election reaction, stocks may trade more cautiously in the week ahead, as investors watch election developments unfold and track the course of the coronavirus. The S&P 500 was up more than 7% in the past week, and the Nasdaq rose nearly 9%.
Investors with a strong love of adventure often aren’t adventurous with their money. But, if you enjoy playing with your money, then you’d likely be comfortable with betting on the shares of Virgin Galactic (NYSE:SPCE). For everyone else, there are better investments than SPCE stock. Source: Tun Pichitanon / Shutterstock.com I know that’s resisting the
If you’re looking to buy yourself a little pre-holiday investment gift for putting up with the novel coronavirus in 2020, forget penny stocks. Look to cheap stocks under $10 instead. According to Finviz.com, there are 33 stocks currently trading at $5 or less with a market capitalization of $2 billion or more. However, if you
Analysts think of Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock in terms of the company’s Google search engine. Source: PixieMe / Shutterstock.com But its biggest growth engine is YouTube, its video service. In its most recent quarterly report, released Oct. 29, Alphabet reported $5 billion in ad revenue for YouTube, up 31% from a year earlier. But that’s not
CNBC’s Jim Cramer said Thursday that investors are cheering the prospect of Democrat Joe Biden becoming president because Biden would provide more stability than President Donald Trump. Stocks were surging Thursday, building on Wednesday’s post-election rally despite the absence of a winner in the presidential race. At present, Biden holds an advantage in the Electoral
Economists mostly expect job growth slowed in October, as the pace of rehirings dropped off and layoffs increased. Job growth was expected to total 530,000 in October, and the unemployment rate is expected to fall to 7.7%, according to Dow Jones. That number includes about a 150,000 decline in public sector jobs from the end
Although the new normal created some amazing trades this year, you can’t defy fundamental realities forever. That’s really the defining takeaway when you look at Hertz Global (OTCMKTS:HTZGQ). Source: aureliefrance / Shutterstock.com Even before the pandemic, Hertz stock has been a frustrating investment at best over the past few years. Now, with so much geopolitical
Despite the doubters and the short-sellers, Pinterest (NYSE:PINS) stock continues to soar to new highs. But now investors are getting something in Pinterest stock they rarely get: a huge opportunity to buy after great news. Source: Nopparat Khokthong / Shutterstock.com Pinterest reported earnings on the evening of Oct. 28 and shares soared as much as
When we spoke last, I’d said that a decisive presidential election was likely, which is what investors were anticipating, too. Stocks rallied strongly on Monday, with the Dow climbing more than 300 points. Well, as you may know, a decisive election outcome ended up not being the case, as folks are still counting ballots in
“Fearless Girl”, a bronze sculpture by Kristen Visbalthe, is seen with a voting sticker in front of the New York Stock Exchange in the Wall Street Financial District of Manhattan on November 4, 2020 in New York. Kena Betancur | AFP | Getty Images Big-money investors are growing more excited about the stock market as
What’s next for markets? With the election over, some old themes will be re-emerging, regardless of who will be president. The rally is due to better earnings visibility On one issue, all traders agree: the market rally is largely due to the unlikelihood of higher corporate and individual taxes next year. “The Senate numbers from the
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly earnings of $2.83 per share, beating the consensus estimate of $1.38 a share, helped by strong demand for trucks and SUVs. Revenue was essentially in line with Street forecasts. The shares rose 6.7% in premarket
Sportswriters like to talk about having personal Mount Rushmores. The four best basketball players ever, the best baseball players to suit up for the Pittsburgh Pirates, etc. Here in Georgia, I keep a personal Stone Mountain of bad business leaders, people who have destroyed value through bad decisions, such as Randall Stephenson of AT&T (NYSE:T)
I like the enthusiasm and I like the story of the electric vehicle mounting an assault against internal combustion engines. ICE cars are still the norm but thanks to Tesla (NASDAQ:TSLA), the battle is on. Nio (NYSE:NIO) is a smaller soldier in it and it’s doing its part. TSLA has the early mover advantage and
Robinhood investors have already proved that they have a knack of picking stocks that outperform. Investors need to do their homework before investing or trading in any stock. However, it makes sense to keep a watch on the Robinhood stocks that the platform’s investors are picking. With several new initial public offerings this year, there
Welcome to the stock market today! Election Day may be over, but the future remains unclear. That means investors are likely paying close attention to battleground states such as Pennsylvania, North Carolina and Georgia. Follow along for live updates on the stock market throughout the day with InvestorPlace. Latest Updates: Stocks Close Higher, Safe-Haven Assets
President Donald J. Trump dances at the end of the rally just before he leaves. Ben Hasty | MediaNews Group | Getty Images SINGAPORE — Asia investors should focus on the strong data coming out of the region instead of the outcome of the U.S. election, said Aberdeen Standard Investments’ Head of Asian Sovereign Debt
Attendees walk by the Qualcomm booth during CES 2019 at the Las Vegas Convention Center on January 9, 2019 in Las Vegas, Nevada. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: Qualcomm — Qualcomm shares rallied more than 13% in after-hours trading on the back of better-than-expected
Comcast (NASDAQ:CMCSA), the cable giant that also owns NBCUniversal, was feeling a lot like its viewers Election Day. Worried, but hopeful about the future. People who hold Comcast stock may feel the same way. Source: Ken Wolter / Shutterstock.com Comcast shares are trading at $44, about 2% below where they started the year. They fell