Daily Trade

Federal Reserve Chairman Jerome Powell startled economists with a press conference Wednesday that was viewed as much more dovish than expected. It was “12 doves a-leaping,” said Michael Feroli, U.S. economist at JPMorgan Chase. “The Fed can’t believe its luck. The data is going their way,” said Krishna Guha, vice chairman of Evercore ISI. The

As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. However, this doesn’t guarantee similar results for Apple’s investors in 2024. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. It’s amazing to consider how

The numbers: Demand for mortgages rose this week as mortgage rates fell to the lowest level since July. Rates dropped 10 basis points in the last week, and the 30-year rate is 54 basis points lower than a month ago. Lower rates provided a boost to buying and refinancing demand. The overall market composite index

Lithium producers and lithium stocks have been badly hit as Chinese lithium prices plunged an incredible total of about 75% between November 2022 and November 2023. However, in the wake of the tremendous decline of both the mineral’s prices and lithium stocks, multiple firms are starting to be bullish on the sector. For example, research

“Ohtani left hundreds of millions of dollars on the table and the Dodgers saved hundreds of millions of dollars.” Sports fans were anxiously waiting to hear where Shohei Ohtani, the once-in-a-generation two-way baseball superstar, would sign his next contract, now that he had served his time with the hapless Los Angeles Angels. (During his six

The Walt Disney Co. (NYSE:DIS) stock actually represents three companies, each with unique problems and opportunities. There’s the entertainment division, the ESPN division, and the parks division, which must maintain a pristine reputation to deliver long-term profits. In the long term, this can be managed, but CEO Bob Iger looks like he’s out of time.

Ho-ho-uh oh? As Tuesday’s CPI data and Wednesday’s Fed meeting hog this week’s limelight, something may be brewing in one hot corner of the stock market. Monday marked the first time since 2012 that the Nasdaq 100 managed a positive close with all Magnificent Seven names — Apple AAPL, -1.29%, Amazon AMZN, -1.04%, Tesla TSLA,

The last bear market ended a little over a year ago. Since then the S&P 500 has rallied 27% higher. However not all stocks participated. In fact, it was the so-called Magnificent 7 group of stocks that carried the broad market index throughout most of the year. Despire the unsureness we have seen this year, there

Hasbro Inc. is cutting about 900 jobs as the company is facing a slump in toy and game sales after a boom during the pandemic. The cost-saving plan will result in “the reallocation of people and resources,” including early retirement for some employees and layoffs over the next two years, Hasbro HAS, +0.39% said in

Riding the coattails of the so-called smart money isn’t a bad strategy. Just don’t blindly follow the stock buys and sells of billionaire investors. You need to do your own due diligence into whether the shares are worth putting your money at risk. Just because there are stocks the elite are buying doesn’t mean they should

Yields on U.S. Treasury notes were inching higher on Monday, with investors facing a major week of economic events, as well as two auctions of government paper. What’s happening The yield on the 2-year Treasury  BX:TMUBMUSD02Y  rose 1 basis point to 4.74% after soaring 14.7 basis points on Friday to 4.725%, the largest one-day increase

Tesla (NASDAQ:TSLA)stock had a good year. Despite the antics of CEO Elon Musk, and the supposed “collapse” of the EV market, investors doubled their money. Tesla has nearly doubled sales over the last two years, and it remains profitable. The company has scaled production on three continents and continues to expand. At its current growth

An investor group is seeking to buy Macy’s Inc. for nearly $6 billion and take the department-store chain private, the Wall Street Journal reported Sunday, According to the Journal, Arkhouse Management and Brigade Capital Management have submitted a $5.8 billion bid to acquire the Macy’s stock they don’t already own for $21 a share, a

Whether you’re for or against the concept, green energy uptake is growing exponentially. Although a transition to renewables faces significant challenges, it is worth considering that the program is in early-stage adoption, meaning hurdles are entirely normal. Let’s examine a few data points to add substance to my claim. Renewable energy is blessed with end-market

Dear Quentin, I am at my wit’s end and hope someone can recommend ways to help my daughter’s unwillingness to manage her money. When I am gone her chances are slim to none. I am a senior citizen and I’ve had cancer four times in the last three years, so I don’t know how much

Disney (NYSE:DIS) might be famous for providing family-friendly fun, but owning DIS stock over the past two years surely hasn’t been much fun. Before you go bargain hunting, be sure to get the lowdown on Disney’s executive-level drama. Then, you’ll probably choose to park your investable capital elsewhere for the time being. Don’t get the wrong

Dear MarketWatch,  My husband is 68 and I’m 74. He makes $250,000 a year. We’re renting a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month!  My husband wants to find a house for not more than $300,000 because he doesn’t want to be a

C3.ai (NYSE:AI) stock rallied into its earnings report on Wednesday. However, the stock has plunged following the release as investors appear to be pricing in a weaker-than-expected outlook for the company. For AI-related companies like C3.ai, guidance can often be more important than the company’s numbers. That’s because investors don’t necessarily care what the company

U.S. value stocks were supposed to shine in 2023. But then came the “Magnificent Seven” stocks, hitched to the artificial-intelligence craze, to dominate this year’s stock-market rally. The Magnificent Seven stocks — Apple AAPL, +0.74%, Microsoft MSFT, +0.88%, Alphabet GOOGL, -1.42%, Amazon AMZN, +0.37%, Nvidia NVDA, +1.95%, Meta Platforms META, +1.89% and Tesla TSLA, +0.49%

What do you do if you’re running a struggling retail company that is bleeding red ink as sales continue to fall? Apparently if you’re Ryan Cohen, the CEO of GameStop (NYSE:GME), you decide that it’s time to take some of your cash and invest it in other stocks. Huh? Yes, GameStop’s Cohen, the co-founder of