I’ve long believed that the best way for long-term investors to get their start into the stock market is to buy index funds. It’s how I introduced my youngest son to investing. And one of my favorites is the SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Source: Eviart / Shutterstock.com SPY does a great job in
Kellogg Co. reported fourth-quarter earnings and sales that beat expectations despite a worker strike, a plant fire and broader shortages and disruptions impacting many consumer companies. Still, the cereal and snack company was downgraded to underweight from neutral at JPMorgan. Analysts cut their price target for Kellogg K, +0.96% to $57 from $64. “There’s still
In this article KO DIS GOOS-CA TWTR TPR UBER Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of 45 cents per share. Revenue also beat Wall Street forecasts, and Coca-Cola projects commodity
Well it had to end sometime. The end of 2021 into 2022 was a brutal period for tech stocks. And it may not be a popular opinion, but many of these stocks needed to have their valuations trimmed. However, as is usually the case with market corrections there is always an overreaction. One of my
Peloton (NASDAQ:PTON) is making headlines again. This time it’s not a 21% single-day gain for PTON stock based on acquisition rumors. That was Monday. There are currently three big developments on the Peloton front. The company’s CEO is stepping down, while Peloton is also laying off a large chunk of its workforce and abandoning its
When you pay off a loan in equal installments, the calculation that is used to figure out what you owe the lender is called amortization. To ensure that the lender gets as much of your money up front as possible, loans are structured so that you pay off more of the interest owed early in
Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
Just as tax season heats up, inflation data shows the economy still running hot. On Thursday morning, Consumer Price Index data from the Labor Department showed a 0.6% increase month over month on the January prices people paid for everyday goods. That’s a 7.5% increase year over year, topping Wall Street expectations. This pace of
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term
In this article MAT UBER KO DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Coca-Cola – Shares of beverage giant rose 1%
Let’s be honest here. Facebook changed its name to Meta (NASDAQ:FB) and is betting everything on metaverse development because it has no other choice. Meta’s social media platforms are dying, especially the core Facebook app (which, for the first time ever, lost users last quarter). Its digital advertising business is disappearing, thanks to privacy law
Digital World Acquisition Group (NASDAQ:DWAC) is likely to fall shortly after the SPAC (special purpose acquisition corp) merger with Trump Media & Technology Group (TMTG) closes. DWAC stock is at an exorbitantly high valuation, especially considering its potential earnings and dilution issues. Source: rafapress / Shutterstock This is way too high for a company that
Wire transfers offer a way to send money electronically from one person or entity to another. It’s possible to wire money between banks in the U.S. as well as international financial institutions and non-bank money transfer providers. A wire transfer may be preferable for situations in which you need to move larger amounts of money
Since the pandemic began two years ago, and General Motors (NYSE:GM) stock dumped its dividend, the stock is up by 42%. That’s better than the average S&P stock. Source: Katherine Welles / Shutterstock.com But it hasn’t been a smooth ride. At one point in 2020, GM stock traded at under $20/share. At the start of
Are you about ready to join the Great Resignation and become self-employed? Yes? OK, but you need to consider the tax implications, which may not be as rosy as you think. Here’s what you need to know to make a good decision. First and foremost, don’t buy the hype Becoming self-employed won’t allow you to
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
The performance of Palantir (NYSE:PLTR) stock was unimpressive for most of 2021. After a strong listing in September 2020, the stock gained almost 250% by January 2021. However, PLTR stock subsequently retreated on both macro and micro factors. It’s now down nearly 60% over the past 12 months. But is all hope lost for this
In my most recent articles on Matterport (NASDAQ:MTTR), I’ve taken a bearish view on the stock. But I haven’t been bearish on MTTR stock primarily because of the firm’s prospects. Source: Matterport Instead, my view has been that the richly-priced shares have more room to fall because the market has been shunning pricey growth stock on
If you’re going to buy a home, you’ll likely need a mortgage. It will probably be the biggest loan you’ve ever taken out—and getting it wrong can be a mistake that will cost you for years. So getting it right means educating yourself. Start by checking our mortgage rates tables, which are updated on a daily
Coupang (NYSE:CPNG), one of the largest e-commerce companies in Asia, saw a rocky start to the year. CPNG stock dipped 22.3% per share to $22.85, because of a series of short-term disruptions that weighed on its profitability. More worryingly, since its initial public offering (IPO) in March 2021, Coupang lost over 50% of its market