In last week’s Tax Guy column, I pointed out that one big negative about equity mutual funds is that you don’t have much control over taxes. The fund decides which investments to sell and when. If the fund sells investments that have gone up in value since they were acquired, the resulting gains will be
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubling ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
Exterior view of the New York Stock Exchange and Wall Street on June 2, 2021. Kena Betancur | VIEW press | Corbis News | Getty Images The IPO pipeline this fall is filling up quickly. The IPO market has already had its busiest year since the internet bubble in 2000, and the fall will likely
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Short squeeze stocks are no new phenomenon. But so far this year, thanks to the potent combination of meme stocks and Reddit trading? It’s been an easy way for retail investors to make fast trading profits. Between AMC Entertainment (NYSE:AMC), Clover Health (NASDAQ:CLOV), GameStop (NYSE:GME) and many others, quick to the punch Main Street traders
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta
After Digital Turbine (NASDAQ:APPS) posted its fiscal first-quarter results, investors appeared to be disappointed by its earnings. APPS stock fell after the earnings report, despite providing good fiscal Q2 guidance. Indeed, the mobile advertising platform firm has multiple catalysts ahead that will sustain the company’s growth. Source: Apple.com The Street is shortsighted as usual and
What Is Student Loan Deferment? A student loan deferment lets you stop making payments on your loan or reduce the amount you pay for up to three years, in most cases. During the deferment period, no interest accrues on federally subsidized loans because the government picks up the interest payments. But interest on unsubsidized loans
Online personal finance company SoFi Technologies (NASDAQ:SOFI) is one of the most relevant offerings in the market today. As data from the U.S. Census Bureau confirms, the portion of retail transactions conducted via e-commerce channels has exploded. It only makes sense for financial requests to shift online too, bolstering the already-promising case for SOFI stock.
Dear Quentin, I’m 75 years old and have $1 million, plus assets, in a trust for my two sons, but I need to do some updating. My sons are 45 and 44, but the younger child constantly complains about his brother’s abuse that occurred more than 20 years ago. I don’t deny that on several
Jumia Technologies AG (NYSE:JMIA) stock’s movement earlier in 2021 can be described in just three words. Pump and dump. Source: Christopher Penler / Shutterstock.com Sounds familiar? It should. If not, here’s a quick reminder. Wikipedia mentions that it “involves artificially inflating the price of an owned stock through false and misleading positive statements, to sell
In this article CHPT CHWY SIG HRC LE HRL Check out the companies making headlines before the bell: Hormel (HRL) – The food producer reported adjusted quarterly earnings of 39 cents per share, matching forecasts, with revenue coming in above estimates. However, Hormel gave a weaker-than-expected full-year outlook, noting the impact of higher costs, although
Amazon (NASDAQ:AMZN) reported its earnings and most importantly its free cash flow (FCF) results for the second quarter on Jul. 29. Although revenue was higher, its FCF was lower than a year earlier as well as lower from Q1. But FCF was still positive. As a result, we can estimate where AMZN stock will be
Sideways oil prices may limit its ability to gain in the near term. But if you’re thinking of buying Exxon Mobil (NYSE:XOM) stock for its high yield, there’s little reason to worry. Source: Harry Green / Shutterstock.com With 2020’s troubles behind it, the integrated oil and gas giant is no longer at risk of cutting
Investors of American Eagle Outfitters, Inc. (AEO) have kept the share price range bound ahead of the company’s fiscal second quarter earnings announcement. At first glance, it appears that option traders are positioned for a positive move, as the number of call options is greater than the number of puts in the open interest. The
Before Palantir Technologies (NASDAQ:PLTR) issued second quarter earnings early this month, I recommended the stock. Source: rblfmr / Shutterstock.com After analyzing the prospects for its data analysis software, I suggested that if you were looking for the next big thing, “this may be worth nibbling on.” Since then, shares are up 16% as the second
U.S. stock benchmarks traded higher Thursday, with the S&P 500 index and the Nasdaq touching fresh record territory, as jobless benefit claims data showed continued slight improvement in the labor market ahead of Friday’s August employment report. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.45% was trading 148 points, or 0.4%, higher
In this article SCHW Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images It’s good to be in an up market. A new Schwab report on self-directed brokerage accounts within 401(k) plans indicate that active traders have
Retail investors are betting on these ETFs.
My feelings about DiDi Global Inc. (NYSE:DIDI) can probably be summed up by saying it’s riskier than a new driver tackling “Death Road.” Otherwise known as the North Yungas Road in Bolivia, it’s one of the most dangerous roads on earth. As Lookers states in an article, “It has been estimated that around 200-300 people