Economists site the rise of active COVID-19 cases as one of the reasons for the Sept. decline..
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Trump's new social media company shot up in value, but at least one investor says it's not about the money.
- Insider Monkey
In this article, we discuss the 10 stocks to consider in the portfolio of Nancy Pelosi. If you want to skip our detailed analysis of these stocks, go directly to Nancy Pelosi Stock Portfolio: 5 Stocks To Consider. Former United States President Barack Obama had signed into law the Stop Trading on Congressional Knowledge (STOCK) […]
- Insider Monkey
In this article, we discuss the 11 best dividend stocks to buy according to Warren Buffett. You can skip our detailed analysis of Buffett’s hedge fund and his investment philosophy and go directly to read the 5 Best Dividend Stocks To Buy According To Warren Buffett. Warren Buffett is an American businessman, investor, and CEO […]
- Motley Fool
Retiring with a million dollars is a good goal. A larger or smaller sum might work well for you, but for many, if not most, of us, a million dollars will go far. If you apply the flawed-but-still-useful 4% rule to it, withdraw 4% of that million dollars in your first year of retirement, and adjust the withdrawal for inflation in each successive year, the money stands a good chance of supporting you for several decades.
David Tepper shuns stock market: ‘Sometimes there’s times to make money … sometimes there’s times not to lose money’
David Tepper, billionaire investor and one of the world’s top hedge-fund managers, isn't a fan of the stock market, right now.
- Insider Monkey
In this article, we discuss the 10 high-yield dividend stocks to buy according to Ken Fisher. If you want to skip our detailed analysis of these stocks, go directly to the 5 High-Yield Dividend Stocks to Buy According to Ken Fisher. Ken Fisher is the chief of Fisher Asset Management, a Washington-based hedge fund with […]
Watchdog says ‘substantial reason to believe’ that congressman’s wife used insider info in stock trade
A congressional ethics watchdog has concluded there is “substantial reason to believe” that the wife of Pennsylvania Rep. Mike Kelly used nonpublic information gained through her husband's position in Congress to purchase stock last year, a likely violation of federal law and House rules.
- American City Business Journals
Investors sent Intel stock further into the red as company executives outlined aggressive spending plans on a conference call with analysts. Intel stock (Nasdaq: INTC) was down at times more than 9% despite a mixed third quarter financial performance that saw the company beat expectations on earnings per share. The major sticking point appeared to be around a dip in gross margins that CEO Pat Gelsinger said would be down for two to three years while the company spends to get back to a leading edge product position.
(Reuters) -A merger with former U.S. President Donald Trump's new social media venture has delivered a potential windfall of $420 million for a former finance executive who has been trying for a decade to reinvent himself as a serial dealmaker. Benessere Capital CEO Patrick Orlando's stake in Digital World Acquisition Corp, the Miami-based blank-check acquisition firm he is leading, was worth $423 million on Thursday after his deal to merge with Trump Media and Technology Group was announced, according to a regulatory filing and Reuters calculations. Orlando invested only $3 million in Digital World, and is set to receive the windfall because the deal entitles him to additional compensation in shares as sponsor of the firm, the filing shows.
IBM has been in the midst of a strategy shift with a focus on hybrid cloud and AI since Arvind Krishna was promoted to CEO in last year. Red Hat, the software company it purchased for $34 billion in 2018 has been at the center of it all. With the company reporting earnings yesterday, the financial performance was pretty bleak, but at least Red Hat continues to grow at a brisk pace.
NEED TO KNOW Everyone’s talking about stagflation but no one on Wall Street believes it’s coming. A sampling. UBS: “We don’t expect stagflation to become endemic.” Citi: “Stagflation is a metaphor (for now).
- Motley Fool
These companies are not only leaders of their respective markets, but also part of markets with permanent staying power.
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
Tom Lee: This 1 key driver puts Bitcoin as high as $168,000 before 2022 (it's not as crazy as you think)
170% surge by year-end? Here's why and how to buy.
Albertsons, Crown Castle International, and American Electric Power were among the larger U.S. companies that declared dividend increases this week.
Steelmaker Cleveland-Cliffs earned $2.33 a share from $6 billion in sales in the third quarter, topping analysts' estimates.
(Bloomberg) -- Scott Peng knows trouble when he sees it -- and right now he detects it all over markets thanks to an oncoming interest-rate “tsunami.”Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Advocate Cap
- Motley Fool
If you buy stakes in strong companies with sustainable competitive advantages and give those positions some time to grow, even relatively modest investments can turn into much larger sums. For Amazon (NASDAQ: AMZN), the answer was with a pioneering push into the world of cloud services that ultimately paved way for much of the modern internet as we know it. From there, the company has used its development strengths and vast resources to build a fast-growing digital advertising business.
- Simply Wall St.
After reporting the Q3 earnings, Intel Corporation (NASDAQ: INTC) "took one on the chin" as the stock is down 10% pre-market. Like (almost) every major tech company, Intel's operations have also been plagued with supply chain bottlenecks and component shortages. Yet, the CEO, Pat Gelsinger, remains optimistic that the worst is in the rear-view mirror.
Reuters reported in March that Sono is exploring a U.S. stock market listing that may value the company at more than $1 billion, citing people close to the matter. Sono was founded in 2016 by four friends from a small garage in Munich, and is developing the Sion, a fully-electric vehicle that has solar cells integrated into its bodywork. The car has a range of up to 305 kilometers (189.52 miles) and can be charged via solar power or from conventional power outlets.