European stocks rose Thursday as traders renewed bets on an economic recovery, ahead of a European Central Bank meeting in which the central bank will communicate its intention to keep monetary policy loose for the foreseeable future. The Stoxx Europe 600 SXXP, +0.77% rose 0.5%, with travel and leisure stocks including cruise operator Carnival CCL,
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To make a comparison to football, IBM (NYSE:IBM) is the Dallas Cowboys of technology. How do I mean? Well, both IBM and the Cowboys are overrated. They haven’t won a title in a quarter century and they’re not going to do it this year. Their system is stale, yet somehow they still have fans. All
To market veterans, talk of a stock-market “bottom” after a mere 3% pullback might sound odd, but that’s the sort of world investors live in right now, says one chart watcher. While stocks have climbed in 2021, hitting new highs as recently as last week, fewer and fewer individual stocks have participated in the move,
The last few months have been quite eventful for Chinese ride-sharing service Didi Global (NYSE:DIDI). In June, DIDI stock was listed on the New York Stock Exchange. At the height of its first day of trading, it boasted a market capitalization of over $80 billion. Source: zhu difeng / Shutterstock.com However, DIDI stock plunged after
People want SUVs, and as the economy thrives, so do the prospects of Americans. That’s why there are so many midsize luxury SUVs to choose from, despite prices that start in the mid-$40,000 range and rise from there. Market demand supports a wide range of choices in the segment. If you’re planning to buy one
Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way
“ ‘And for most people who get this delta variant, it’s going to be the most serious virus that they get in their lifetime in terms of the risk of putting them in the hospital.’ ” That’s Dr. Scott Gottlieb, who was head of the Food and Drug Administration between 2017 and 2019, on the
Once upon a time, electric trucking company Hyliion (NYSE:HYLN) was a Wall Street darling. Investors were wowed by the company’s breakthrough renewable natural gas (RNG) technology as well as its potential to address the shortcomings of electric and hydrogen technology in long-haul trucking. From June to September 2020, HYLN stock soared from $10 to $55.
U.K. stocks recovered on Tuesday after the worst day in two months, as concerns about the endurance of COVID-19 in the face of vaccines are still casting an overhang over the market. After the FTSE 100 UKX, +0.72% fell by 2.3% on Monday, the worst single-day performance since May 11, the benchmark index rose 1%.
Last month, I wrote about Square (NYSE:SQ) stock using a comparison with PayPal (NASDAQ:PYPL) and concluded it was way too cheap. On June 7, SQ stock closed at $216.95 and I wrote it was worth $250.33. Source: monticello / Shutterstock.com Since then, SQ stock jumped to as high as $254.78, but has fallen to current
Hi there, MarketWatchers. Don’t miss these top stories: As delta variant spreads, younger Americans say fear of side effects is keeping them from getting vaccinated Some infectious-disease experts attribute the recent rise in case counts to the delta variant. Read More OPEC+ deal will boost oil production — but what will it mean for prices
Microsoft (NASDAQ:MSFT) could reach $400 per share and have a $3 trillion market capitalization. This forecast for MSFT stock to rise over 41% is based on its huge free cash flow (FCF) and high FCF margins. Investors will get a better sense of this when Microsoft releases on July 27 its fiscal Q4 earnings ending
Wouldn’t it be nice to work fewer hours and get paid more? According to a study from RewardExpert, this dream can be your reality — if you know where to look. The study used data from the Bureau of Labor Statistics’ State and Metro Area Employment, Hours and Earnings report to identify the top metropolitan areas where workers enjoy shorter workweeks
It’s been almost two months since AT&T (NYSE:T) announced it was spinning off WarnerMedia and merging it with Discovery (NASDAQ:DISCA, NASDAQ:DISCK), the owners of such networks as HGTV and the Food Network. Source: Jonathan Weiss/Shutterstock Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half
For now, the U.S. government-bond market appears to be going along with the Federal Reserve’s view that inflation will remain largely under control, even after a few months of eye-popping readings. Beneath the relatively sanguine surface, though, is an undercurrent of worry. The concern is that 10-year Treasury yields TMUBMUSD10Y, 1.293%, currently hovering around 1.30%—
Imagine for a moment that you are an American investor, but as one you’re not allowed to buy into Amazon (NASDAQ:AMZN) yet Chinese investors are. Well, that’s where Chinese investors have actually been regarding Alibaba (NYSE:BABA) and BABA stock of late. Source: testing / Shutterstock.com What do I mean? This Chinese cloud company first listed on
Do you pay over half the cost of supporting a parent? If so, your parent is your dependent for federal income tax purposes. As such, you may be entitled to some meaningful tax breaks. Here’s the list. Favorable head of household filing status For unmarried individuals, a common (and expensive) error is filing as a
Investors are frequently advised to put their emotions aside when buying or selling stocks. However, I believe the problem with Palantir Technologies (NYSE:PLTR) is that too many investors are caught up in their “feels.” That’s the only explanation I can think of for the rollercoaster ride that’s been PLTR stock since its direct listing.
Weddings and marriage are top of mind for me these days. A few weeks ago, my niece was married, and in another two months, my nephew will also marry. Both weddings had been postponed from last year due to the pandemic. Another nephew just sent me a save the date for next spring. Celebrating love
Churchill Capital Corp IV (NYSE:CCIV) possibly marked the peak of the frenzy surrounding special purpose acquisition companies (SPACs) this past year. However, CCIV stock has recently remained depressed after its significant fall from an all-time high of $64.86 in February. Source: gg5795 / Shutterstock.com To me, this does not come as a surprise. At just