Will OPEC Spark Oil Price War With Production Cuts?
Nov. 26: Bloomberg’s Isaac Arnsdorf and Matt Miller examine comments from OPEC and United Arab Emirates ahead of the OPEC oil meetings in Vienna.
Nov. 26: Bloomberg’s Isaac Arnsdorf and Matt Miller examine comments from OPEC and United Arab Emirates ahead of the OPEC oil meetings in Vienna.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
Here's what could happen to gold prices next.
The super-successful hedge fund manager likes several AI stocks.
Wood is sounding the alarm on Nvidia following its meteoric rise.
These energy stocks have been on fire this year.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
Trump Media & Technology Group soared as much as 14% on Wednesday.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
The latest update to the Federal Reserve’s preferred price gauge on Friday should confirm a bumpy start to the year on the inflation front. The central bank is taking a wait-and-see approach to lowering interest rates this year as it assesses whether progress on reducing inflation to its 2% annual target has stalled. Fed officials’ preferred measure of inflation is the core personal consumption expenditures price index, due at 8:30 a.m. on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late
NextEra Energy, Duke Energy, and Black Hills Corporation are all offering historically attractive dividend yields today.
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
Converting your current retirement accounts to a Roth IRA is typically a very tax-efficient strategy. It can help lower your lifetime taxes significantly. However it does come with a large up-front bill. While there's no way to avoid conversion taxes completely, you can restructure them to make this much more manageable. By staggering out your […] The post How to Reduce Your Tax Liability on a Roth IRA Conversion appeared first on SmartReads by SmartAsset.
After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers on an expected interest rate cut by June and turn their focus on the health of upcoming earnings. The S&P 500 ended the first quarter with a gain of more than 10%, its largest first quarter advance since the nearly 13.1% jump in the first quarter of 2019. Whether the rally continues through June will likely depend on the Fed, which has not yet signaled that inflation has come down enough to justify a rate cut.