Daily Trade

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

Dear Quentin, My wife and I have been married for over 30 years. Throughout the years, we relied mainly on my income. My wife worked occasionally, but mainly raised the children. We started to struggle financially when I was laid off. We went through all of my 401(k) investments. I lost my home through a

Another week, another round of economic data. Yesterday, October job openings in the United States were again revised downward and fell to their lowest number since March 2021, underscoring the idea that the economy is indeed cooling. Ultimately, this will give the Federal Reserve some breathing room or even give the central bank reason to

Bond yields rose on Friday ahead of pivotal data that will show whether a rally in bond prices has been justified. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was 4.63%, up 4.1 basis points. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 4.18%, up 2.7

Nvidia (NASDAQ:NVDA) may still be the undisputed 800-pound gorilla of artificial intelligence chips. But Advanced Micro Devices (NASDAQ:AMD) is looking like it could be a formidable threat. In fact, AMD is coming for Nvidia’s crown. AMD shares rose about 7% Thursday after the semiconductor powerhouse, run by Dr. Lisa Su, launched its MI300X chip, which

Dear Quentin, I read and hear so much about adult siblings who always got along, but suddenly start fighting among themselves when they are about to inherit their parents’ estate. I didn’t see how this could happen to my family — until now. We’re not at that point, but things are getting tense. I am

Most business economists are optimistic that the U.S. economy will avoid a recession in 2024. This is true despite potential challenges in the job market due to higher interest rates. The Federal Reserve has a strategy of using elevated interest rates to control inflation while sustaining economic growth. This is central to this positive outlook,

Pros Audi style and build Competitive pricing Choice of body styles Cons Best range happens with tepid power What’s new? Minor equipment changes The 2024 Audi Q4 e-tron compact luxury SUV is the most affordable way into a new all-electric Audi. Pricing starts at $49,800. Available as a conventional SUV or with a sleeker Sportback

BlackRock (NYSE:BLK), which has been described as the world’s largest asset manager, is truly a whale in the world of finance. Does this mean you should invest in BLK stock in December? If you’re seeking exposure to the world of cryptocurrency, you should certainly put BlackRock on your watch list and consider a share position.