NEW YORK (Project Syndicate)—Rising inflation in the United States and around the world is forcing investors to assess the likely effects on both “risky” assets (generally stocks) and “safe” assets (such as U.S. Treasury bonds). The traditional investment advice is to allocate wealth according to the 60/40 rule: 60% of one’s portfolio should be in higher-return but more
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Kohl’s (NYSE:KSS) stock surged 35% after getting a buyout offer from Starboard Value at $64/share, with other hedge fund and private equity groups reportedly circling. Source: Sundry Photography/Shutterstock.com Shares are trading January 28 at over $60.50, a market cap of $8.27 billion. Shares ended the previous week below $47. Analysts were going on TV to
After Lynne Garell’s husband died of cancer, she told friends she was moving to France for a year. She needed a new adventure, she told them. She arrived in south-central France with a 12-month visa, a lease for an 800-euro-a month two-bedroom apartment in a village of 1,200 people, knowing no one. Four years later,
South Korean e-commerce giant Coupang (NYSE:CPNG) made a splashy debut with its initial public offering in March. CPNG stock was priced at $35 a share. It shot up to a high of $69 on its first day of trading before closing up 40%. Since then, it’s been mostly downhill for shares. Source: Michael Vi /
Hello there! Got volatility? We bet you do as the Federal Reserve signaled on Wednesday that interest rate increases in 2022 are its main priority. There is nothing new there, as investors had expected as many as four rate hikes this year, but the message is being fine-tuned. Fed boss Jerome Powell wanted to emphasize
I wrote about Gevo (NASDAQ:GEVO) in February 2021 when it was heading towards its meme-stock induced 52-week high. As a company that was, and remains, a pre-revenue company, I made a bearish call on GEVO stock. Source: Shutterstock That proved to be the right call. Since February, GEVO stock went on a steady trip lower,
U.S. stock futures pointed to a mostly firmer start for Wall Street, with technology getting a boost after strong results from Apple, while earnings from Caterpillar and Chevron were ahead. Investors will also focus on important inflation and consumer spending data later. How are stock-index futures trading? S&P 500 futures ES00, +0.25% rose 0.2% to
Reliance Global Group, Inc. (NASDAQ:RELI) is an insurtech company that combined advanced technologies with a more traditional insurance agency model. RELI stock is flirting with penny stock classification as it is trading below $6 a share. I do not like the stock now as I see only empty promises by the firm that fail to
Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting. But the host of CNBC’s Mad Money got even the Twitterverse to take notice at this latest stunt. The ARK Innovation ETF ARKK, -3.91% has been falling precipitously. The flagship fund of star stock
Shareholders in Lucid (NASDAQ:LCID) started 2021 on a bright note. And LCID stock kept up the momentum for most of the year. Source: Around the World Photos / Shutterstock.com LCID stock surged last November on news that the first Lucid Air EVs had been delivered to customers. Stellar reviews of Lucid’s first production EV also didn’t
WASHINGTON — A federal appeals court reversed the convictions of two former Deutsche Bank AG DB, +1.85% DBK, +4.38% traders found guilty of rigging a global lending benchmark, overturning one of the U.S. government’s highest-profile court victories linked to the 2008 financial crisis. The decision Thursday dealt a blow to the legacy of an investigation that Washington
Block (NASDAQ:SQ), the payments company formerly known as Square, was never an ordinary transaction processor. With a recent name change, the market is reacting to SQ stock. Source: Sergei Elagin / Shutterstock.com If you got into it early in 2017, you had a gain of 1,800% by the middle of 2021. But since chief executive
Pros Distinct Bronco aesthetic Standard AWD Clever interior storage solutions Composed on-road and capable off-road IIHS Top Safety Pick+ Cons Most rivals are more fuel-efficient Gets expensive in the upper trims Tight back seats What’s new? Some reshuffling of content between trims and packages Price: The Ford Bronco Sport has a starting MSRP of $27,265. The
From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.
It has been two years since NBA legend Kobe Bryant, his daughter Gianna, and seven others tragically died in a helicopter crash in Los Angeles. Bryant was an NBA Most Valuable Player, five-time NBA champion, and one of the most influential players who has ever picked up a basketball. He was also a savvy businessman.
Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,
U.S. stock futures climbed on Wednesday, with the outcome of a Federal Reserve meeting in the spotlight, along with a fresh batch of earnings from Boeing, Tesla and other big names. Microsoft shares were rising in premarket following the tech giant’s results. How are stock-index futures trading? S&P 500 futures ES00, +1.29% jumped 1% to
The major correction DraftKings (NASDAQ:DKNG) has been on since early September has seen DKNG stock lose almost 70% of its value. Source: Postmodern Studio / Shutterstock.com Thanks to a terrible first month of 2022 — 374 S&P 500 stocks are down year-to-date through Jan. 21 — DraftKings now trades under $20 for the first time
Here we go again. After a wild day of trading that saw a 1,000-point swing by the Dow, U.S. stock futures fell sharply Monday night. Dow Jones Industrial Average futures YM00, -0.81% were down more that 200 points as of 10 p.m. Eastern, while S&P 500 futures ES00, -1.20% and Nasdaq-100 futures NQ00, -1.74% sank
Market conditions continue to work against Palantir Technologies (NYSE:PLTR). But, as it sinks down below $15 per share, PLTR stock may now be entering the buy zone. At least, it may appear that way to investors who see the data analytics software provider as a long-term play. Source: Ascannio / Shutterstock.com For investors looking at PLTR