Microsoft (MSFT) is working to conclude a $68.7 billion gaming acquisition. Alphabet (GOOG, GOOGL) has underperformed following a stock split announcement. Meta Platforms (FB) is looking to recover from the largest single day drop ever. T-Mobile (TMUS) is building out its 5G network following its acquisition of Sprint. Apple (AAPL) continues to make waves with
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Dear Moneyist, I took out loans for professional/graduate school during the years 1993 to 1996. I took out about $54,000 in loans. In 2002, I consolidated all my federal loans. The balance is approximately $167,000. I have been paying between $350 and $1,100 per month for the last 20 years. I believed that I was
In the least surprising announcement of the newly-merged entity, Warner Bros Discovery (NASDAQ:WBD) announced on Thursday that it would shut down CNN+, the news network’s month-old streaming service, as of April 30. If you own WBD stock, this is the least of the company’s worries in the coming months. If you’re Chris Wallace, who left
Irrational exuberance is alive and well on Wall Street, according to a valuation model proposed by former Federal Reserve Chairman Alan Greenspan. The model in question is not the one you’re probably thinking. The story of how Greenspan came to use the phrase “irrational exuberance” is well-known and widely repeated: He first used it in
C3.ai (AI) made the Americas’ Fastest Growing Companies list for the second consecutive year. AI stock is a growing name in a growing sector. But negative earnings and a volatile macro environment mean staying on the sidelines makes sense right now. Source: Tada Images / Shutterstock.com On April 14 The Financial Times announced that C3.ai
House Republican leader Kevin McCarthy told colleagues he would ask then-President Donald Trump to resign in the days after the Jan. 6, 2021, Capitol insurrection, according to audio released by the New York Times late Thursday. McCarthy’s plans were first reported as part of an upcoming book from Times reporters Alex Burns and Jonathan Martin.
The shocking downturn of Netflix (NASDAQ:NFLX) this week is pulling other streaming stocks down in its wake. Now you can count Roku (NASDAQ:ROKU) stock among one of the victims. Roku is down another 5% today, continuing a slide that began when Netflix reported its first drop in total subscribers in a decade on Tuesday night.
President Joe Biden on Thursday modified a phrase from one of his predecessors as he announced a fresh $800 million in U.S. military aid for Ukraine. “To modernize Teddy Roosevelt’s famous advice, sometimes we will speak softly and carry a large Javelin, because we’re sending a lot of those,” Biden said, referring to an anti-tank missile system.
Tattooed Chef (TTCF): Plant-based food company Tattooed Chef is expecting slower sales growth and significant operating costs. Weber (WEBR): Weber has been negatively affected by the volatility of broader markets and its disappointing performance. Canoo (GOEV): Reddit’s WallStreetBets community helped Canoo thrive after a dip in the share price. However, the short investors who got
Shares of Chinese energy major CNOOC Ltd. surged in their Shanghai debut Thursday, making it the latest high-profile state-owned company to tap mainland investors. CNOOC shares opened at 12.96 yuan (US$2.02) against the offer price of CNY10.80. The shares then immediately rose to CNY15.55, taking increases to 44%, before an automatic halt was triggered. The
Though a relevant powerhouse, Nvidia (NVDA) stock is again suffering from macro headwinds NVDA stock is essentially back in early 2021, both benefitting and suffering from a paradigm shift This time, though, investors should be a bit more cautious Source: FP Creative / Shutterstock.com A popular and extremely relevant semiconductor firm, Nvidia (NASDAQ:NVDA) stock is
The real, or inflation-adjusted, yield on the 10-year Treasury note intermittently went above zero late Tuesday and early Wednesday for the first time since the pandemic began more than two years — which amounts to bad news for investors in speculative and risky assets. Those likely to get hurt the most are investors in initial
Carnival (CCL) might attract increased demand due to revenge traveling. In this manner, inflation provides an impetus to vacation but also a headwind. Speculators might try their luck, but conservative investors should be cautious. At the start of the coronavirus pandemic, Carnival (NYSE:CCL) became the posterchild for the devastation caused by the global health crisis,
CalPERS, the country’s largest state public pension fund, disclosed Tuesday that it intends to vote for a Berkshire Hathaway shareholder proposal that would replace Warren Buffett as chairman. The California Public Employees’ Retirement System revealed its position in a filing with the Securities and Exchange Commission, ahead of Berkshire’s annual shareholders meeting April 30. The
Alphabet (GOOG, GOOGL) has finally decided to spend some of its huge $140 billion cash and securities pile It has made a small $5.4 billion of Mandiant (MNDT), which is seen as complementary to the company’s operations It may now use its cash for more than just share repurchases, which used up 75% of its
Shares of ManpowerGroup Inc. charged higher Tuesday, after the staffing services company reported better-than-expected first-quarter earnings and provided an upbeat outlook, as the COVID-19 pandemic and war in Ukraine contributed to drive record demand for skilled labor. Manpower stock MAN, +7.00% ran up 6.5% in morning trading, which puts it on track for the biggest
PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
There are “real danger signs” for the Chinese economy, which could even stall out in the current quarter, a top China watcher said late Monday. China is facing difficulty, in part, because it can’t settle on a “coherent” COVID policy, and policymakers are wary of cutting interest rates, said Mary Lovely, who heads the China
No one likes getting gas, but recently, a trip to the gas station has been downright painful. With the average price of gasoline soaring above $4 per gallon, we’re shelling out $100-plus every time we visit the pump! The good news is that for patient investors, soaring gas prices could actually make you really rich.
One probable result of the Great Resignation is more stay-at-home moms and dads. And more folks without kids who stay at home too. Whether your stay-at-home status is temporary or permanent, you might not want to take a break from saving for retirement in a tax-favored way by making contributions to a traditional or Roth