Black Friday shoppers love finding great deals, but this year, they may also find some surprising expenses. Return policies at major stores have become more strict since last year’s Black Friday, and shoppers at stores from Best Buy to Zara should be on the lookout for fees if they need to return purchases. Over the
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In the stock market, investors are always looking for growth. After all, a growing company means a growing share price. However, managing risk is equally as important. Many companies offer explosive growth but with no real certainty for investors on the long-term prospects of the company. This led us to create this list of trailblazing
OpenAI has reached an “agreement in principle” for Sam Altman to return to his post as chief executive officer alongside a new board, just days after his ousting, the company said on Wednesday. In a posting on X, the tech group behind ChatGPT said former Salesforce CEO Bret Taylor will serve as chair, joined on
Apple (NASDAQ:AAPL) stock has come into its own as “the” stock to buy for small investors. Smartphones define the 21st century economy. No one makes as many, or as much profit from them, as Apple. Apple has held this position for over 15 years, ever since the late Steve Jobs said he had “one more
Shares of Burlington Stores Inc. climbed 21% — putting them on track for their biggest one-day gain in a year — after the discount apparel and footwear retailer topped profit and same-store sales expectations for the third quarter while saying the current quarter was off to a “solid” start. Net income for the quarter to
The global supply of platinum is expected to significantly fall short of demand this year, with the World Platinum Investment Council forecasting a record deficit, along with a rise in industrial demand to an all-time high. The global platinum market is expected to post a deficit of 1.071 million ounces for 2023, with total year-on-year
The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies. The IPO market has been limping of late, after a flurry of recent deals flopped either from day one or in the aftermarket. The
It hasn’t been smooth sailing for retirement savers this year, as evidenced by Fidelity Investment’s latest retirement data. Investors are reeling from a mix of higher inflation and market volatility, the company said, and that has resulted in retirement-account balances declining from last quarter and the number of loans and withdrawals increasing. Fidelity uses data
Initially concentrated on defense and intelligence, Palantir Technologies (NYSE:PLTR) has broadened its clientele to the healthcare, energy, and finance sectors. Noteworthy profitability and advancements in AI analytics make PLTR stock an appealing choice for investors. Despite the cooling of ‘AI mania,’ Palantir Technologies continues to hold firm, with shares not far below their 52-week highs.
U.S. stocks have jumped back near to their summertime highs, a big rebound as investors enter the holiday season with Black Friday just days away. The shopping frenzy expected on Friday, the day after Thanksgiving, kicks off a spending spree for the holidays that could help buoy stocks after their surge this month. “With consumers
I should pay more attention when I sign up to write about specific companies. In Nvidia’s (NASDAQ:NVDA) case, I could write a bullish or a bearish take on NVDA stock. For some strange reason, I took the bearish stance. Excuse me? Anyone who’s followed me over the years knows that CEO Jensen Huang is my
Israel, the United States and Hamas have agreed to a tentative deal that would free dozens of women and children held hostage in Gaza, in exchange for a five-day pause in fighting, the Washington Post reported Saturday. The release, which could begin within the next several days could lead to the first sustained pause in conflict
There’s been some great news for Advanced Micro Devices (NASDAQ:AMD) stock. The ability to train huge databases and create stories, sound, videos, or software with AI is just starting to change the world. It takes a lot more processing power to handle AI than the last decade’s clouds and PCs were built for. There’s a
Dear Moneyist, My spouse created a revocable trust two months before our marriage without my knowledge. He placed all of his money in the trust fund. We are now getting a divorce. Am I entitled to any of his assets? Or not? He also bought an investment property, supposedly with his trust fund, a month
As popular as it may be, electric vehicle manufacturer Tesla (NASDAQ:TSLA) can’t always be a darling of the financial markets. One bearish-leaning analyst offered a convincing argument that TSLA stock will lose value. So, investors need to be patient and nimble, even if they believe in Tesla’s growth story for the long term. Tesla is an EV
Is this the beginning of the end for X, the social-media site previously known as Twitter? In the last two days, major advertisers, ranging from IBM Corp. IBM, Apple Inc. AAPL, Lions Gate Entertainment Corp. LGF.A, Walt Disney Co. DIS, even the European Union, have pulled their ads from X, after Elon Musk appeared to
In 2024, UBS expects disinflation and rising unemployment to impact economic output, prompting the Federal Open Market Committee to implement proactive rate cuts. The FEderal Open Market Committee designed the initial cut to prevent the nominal funds rate from becoming overly restrictive amid falling inflation, with subsequent cuts later in the year to counteract economic
U.S. stocks wavered between gains and losses on Friday as the major indexes headed for a third straight week in the green, spurred by hopes for a soft landing for the U.S. economy, and the prospect of interest-rate cuts arriving during the first half of 2024. How stock indexes are trading The Dow Jones Industrial
InvestorPlace published an article last December about the seven hottest biotech stocks to own in 2023 and beyond. One of the seven was the SPDR S&P Biotech ETF (NYSEARCA:XBI). XBI tracks the performance of the S&P Biotechnology Select Industry Index which represents the biotechnology sub-sector of the S&P Total Market Index. XBI currently has 133
Applied Materials Inc.’s stock dropped more than 7% in extended trading Thursday after a report that the chip maker is under a criminal investigation by the Justice Department for potential export violations. Reuters reported Thursday that the company is being probed for possibly sending hundreds of millions of dollars’ worth of equipment to Chinese chip
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