U.S. stocks ended in positive territory after the release of the latest GDP numbers and the Federal Reserve's decision to raise interest rates. Bankrate.com chief financial analyst Greg McBride joined CBS News' Christina Ruffini and Tanya Rivero to discuss.
(Bloomberg) -- Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian firms in the days around Moscow’s invasion of Ukraine.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet Near War’s OnsetHow the US Toppled the World’s Most Powerful Gold TraderUkraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaWill Housing Prices Flatten — or Collapse?US Lawmakers Visit Taiwan After Pelosi Trip Infuriates ChinaPrince Alwaleed’s investment firm, Kingd
- Motley Fool
These passive-income giants, with yields ranging from 7.4% to 11.8%, have the potential to nearly triple investors' money by the turn of the decade.
It's been a somewhat hectic August for Rivian . The startup, which is presented as one of Tesla's most serious rivals in the race for electric vehicles, is currently accumulating setbacks. The electric vehicle manufacturer has just announced mixed earnings for the second quarter.
- Motley Fool
Many semiconductor stocks slumped this year as investors fretted over concerns about slowing sales of PCs and smartphones, the potential overproduction of chips in response to the global chip shortage, and more conservative enterprise spending in a tougher macro environment. As a result, the Philadelphia Semiconductor Sector index has declined about 24% this year as the S&P 500 retreated just 12%.
Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can profit by taking past performance as one of many factors in evaluating a s
- Motley Fool
These innovative growth stocks are ripe for the picking following a 34% peak plunge in the Nasdaq Composite.
- Insider Monkey
In this article, we will be taking a look at 10 stocks that will skyrocket. To skip our detailed analysis of cheaply-valued stocks that are set to gain in the future, you can go directly to see the 5 Stocks That Will Skyrocket. With the U.S. stock market plunging into bear territory, investors have typically […]
- Motley Fool
After a period of six years, you could expect a $10,000 investment in this basket of dividend stocks to earn at least $2,000 in passive dividend income.
SHANGHAI (Reuters) -China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVID-hit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy by allowing a widening policy divergence with other major economies that are raising interest rates aggressively. The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan ($59.33 billion) of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points (bps) to 2.75%, from 2.85%.
- Detroit Free Press
Latest sale worth about $6.88B.
In early August, Bally's Corp. stock tumbled after the casino operator cut its 2022 revenue and EBITDA estimates due to weakness at its venue in Atlantic City. "Given commentary around the guidance cut, we expect the miss on margins reflects difficulties improving profitability at Bally's Atlantic City," Stifel analyst Jeffrey Stantial said in a recent note, according to Casino.org. Bally's hopes to close its $308 million purchase of the Tropicana as soon as next month, though the company doesn't have plans to upgrade the property for at least a year.
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 8.5%, it's time to follow his lead
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Jeremy Grantham still expects the S&P 500 to plunge by 50% from its peak — here are 3 recession-proof stocks in his portfolio to help limit the pain
Grantham remains ultra bearish. But this trio may offer some protection.
- The Telegraph
A house price crash is not guaranteed to take place over the coming months. Certainly, factors such as rising interest rates and a cost of living crisis are likely to act as a drag on the housing market because of their negative impact on affordability.
Rakesh Jhunjhunwala, also known as "the big bull" of Indian markets, has died at the age of 62.
Most of the handful of Wall Street analysts covering Berkshire are neutral on the stock, but they may be giving Warren Buffett insufficient credit.
Since then, congress announced it is making changes to the $7,500 federal electric vehicle tax credit, meaning that it becomes much harder to get that sweet, sweet tax deduction. The two major changes are that the tax credit will becomes means-tested (i.e. Various car manufacturers have scrambled to figure out how to react, but VinFast is taking more extreme steps than most, promising that if you have a pre-order with the manufacturer and you are no longer eligible for the tax rebate, they'll give you a $7,500 discount on the car instead.
The stock market can be a humbling place—just ask Masayoshi Son. The founder and CEO of SoftBank Group (ticker: SFTBY), “Masa” made one of the single-best venture investments of all time, providing a $20 million grubstake to Jack Ma when he started the e-commerce company Alibaba Group Holding (BABA) in 2000. Targeted to be $100 billion, Masa focused the Vision Fund on companies poised to benefit from the widespread adoption of artificial-intelligence software.
- Simply Wall St.
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...