Q.: I have about $57,000 in my traditional IRA and about $6,800 in a Roth IRA. The idea of converting while in low bracket year is sound but fear of the required minimum distributions (RMD) may not need to be a strong motivator. Yes, when RMDs begin they can kick you into a higher tax bracket, but not necessarily.
TSMC, the world's top chip contract manufacturer (foundry), reported Q2 revenue of $7.85 billion (up 11% annually) and EPS of $0.47. Revenue was for all intents already known thanks to monthly sales reports, and EPS beat consensus by a penny. As noted a couple weeks ago while making a bull case for TSMC, shares had already priced in investor concerns about slowing smartphone demand.
The average American is holding too much cash in savings, and it's keeping them from building wealth. You should instead invest your excess savings in the stock market for the best returns, NerdWallet's retirement and investing specialist Arielle O'Shea recommends. The easiest way to put your savings to work is through a 401(k), which invests your money in stocks through low-cost index funds or exchange-traded funds.
Getty Images / Eduardo Munoz Alvarez Irregular investing, waiting for an all-clear sign, and overconfidence are three of the biggest mistakes investors make. That's according to Chris Hyzy, the chief investment officer of Bank of America Global Wealth
Bring on healthcare earnings season. Ahead of earnings season for the group, we have selected three healthcare stocks beating the market in 2018. Using TipRanks' Stock Screener tool, we quickly discovered the best-rated stocks, filtering by "best analyst consensus" stocks in the healthcare sector.
Nucor Corporation NUE is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. Nucor’s adjusted earnings for the second quarter came in at $2.13 per share, which surpassed the Zacks Consensus Estimate of $2.10. Nucor reported revenues of $6,460.8 million for the quarter, up roughly 24.9% year over year from $5,174.8 million.
Mike Wilson, Morgan Stanley, on the rocky market road ahead. Is it time to get defensive? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.
In March of 2016, Keith Reynolds flew from California to Atlanta so he could claim his spot in line at 4 a.m., and get a three-hour head start on his West Coast competitors. Tesla was taking $1,000 deposits for its new electric car, the Model 3, priced starting at $35,000. Reynolds is still waiting.
In Best Buy’s perfect world, all 380 of its new “in-home advisors” would park their clean, white Priuses in front of a customer’s house rather than in the driveway, where the car could block others. After knocking gently on the front door, they would step back and stand to the right, smiling, head down slightly, arms uncrossed, name tag visible on their blue, wrinkle-free Best Buy polo shirts.
Perhaps the hottest buzz word in the stock market right now is “AI”, or artificial intelligence. Because of this, everyone wants to own as many artificial intelligence stocks as possible. Here’s a list of four of my favorite artificial intelligence stocks which all investors should have on their radar.
will announce earnings before the bell on Friday, July 20, and the Boston-based industrial conglomerate is expected to report earnings of 18 cents a share on revenue of $29.4 billion, according to analysts surveyed by FactSet. GE will spin off the healthcare unit over the next 12 to 18 months, and sell its Baker Hughes stake over two to three years. GE "may trim the upper end of its $1 to $1.07 2018 earnings guidance, with consensus expecting only 94 cents," said Bloomberg Intelligence senior industry analyst Karen Ubelhart.
Shares of Square SQ popped more than 3.4% in early morning trading Thursday after analysts from Credit Suisse upgraded the stock, citing the growing number of applications for its production offerings for merchants. Credit Suisse raised its rating for Square to outperform from neutral. “SQ’s evolution from a payment company to a differentiated consumer and merchant services platform increases our conviction that the company can extend its business well beyond micro-merchants to include SMB and middle-market companies,” wrote analyst Paul Condra in a note to clients Thursday.
Shares of Disney DIS surged over 3% in morning trading Thursday after Comcast CMCSA announced that it will no longer pursue key 21st Century Fox FOXA entertainment assets. Disney now looks poised to secure Fox’s film and TV studio, as well as other properties, in a move that could propel the conglomerate in the age of Netflix NFLX. Comcast said Thursday that it won’t outbid Disney’s $71.3 billion cash and stock offer for Fox’s film and TV studios, cable networks such as FX, a controlling stake in Hulu, and international properties including Star India.
Brian Crutcher has resigned as Texas Instruments CEO due to personal behavior.
Money is to be made in marijuana stocks in the long run. Canada’s Tilray (TLRY) has become the first cannabis company to conduct a U.S. IPO. There may be sympathy plays in other cannabis stocks for a short-term trade.
Former Microsoft CEO Steve Ballmer, the company's largest shareholder, says he has held his stock because "I'm a loyal dude." He spoke in the new episode of "The David Rubenstein Show: Peer-to-Peer Conversations," taped
The rumble between Airbus SE and Boeing Co. for dominance in the market for smaller jets is already heating up, if a sales flurry at the aviation industry’s biggest expo is any indication. Embraer SA, the Brazilian planemaker tying the knot with Boeing in a $3.8 billion venture, had its best showing in five years with orders and commitments for 300 planes, including options. Airbus broke a sales drought this month for the aircraft formerly known as the Bombardier Inc. C Series.
American Express Company (NYSE:AXP) was arguably the day’s biggest story, with shares up 1.8% headed into its post-close earnings report, though fell 2.7% after hours when revenue fell short of estimates. International Business Machines (NYSE:IBM) took a different path. To that end, Coca-Cola (NYSE:KO), AbbVie (NYSE:ABBV) and McDonald’s (NYSE:MCD) are lining up as Thursday’s top prospects.
Much-maligned General Electric (NYSE:GE) stock is the most heavily traded stock in the market. According to Bloomberg, the average trading volume on GE stock in 2018 is a whopping 80 million shares a day. The spike in trading volume is mostly due to the fact that GE stock is a near-$10 stock (low price) that is widely covered and followed by the media, analysts and investors (lots of catalysts).
Pure Storage Inc. PSTG recently introduced FlashStack with FlashBlade to speed up the analytics processes for the data warehouses. Further, the company announced the availability of both AIRI and AIRI Mini, with select reseller partners. Markedly, AIRI and AIRI Mini which provide users with comprehensive AI ready infrastructure, leverages NVIDIA’s NVDA DGX-1 servers.
Millennials may have only a little saved for retirement, but they still want to retire early. A recent Bankrate.com survey asked millennials, classified as Americans ages 18 to 37, what the perfect time to retire would be. Of those millennials already saving, the median retirement account balance is about $19,100.
The U.S. Justice Department has proposed an expedited schedule for an appeal of a judge's ruling that allowed AT&T Inc (T.N) to buy movie and TV show maker Time Warner, according to a court filing on Wednesday. AT&T, which owns pay-TV company DirecTV, said it did not oppose the expedited schedule. The Justice Department filing seeks briefs to be completed by Oct. 18, with oral arguments "as soon as practicable." That would be a significantly faster-than-normal timetable for an appeals court to hear a case.
Qualcomm (NASDAQ: QCOM), one of the largest American telecom equipment companies, has been trying to settle its $43 billion acquisition of Dutch automotive chip firm NXP Semiconductors (NASDAQ: NXPI) for almost two years. Qualcomm is one of the industry pioneers when it comes to 3G, 4G and other next-gen wireless tech, and the company has reported strong fundamentals in the recent quarters.
Instead of growing, New Chapter, founded in 1982 by the Schulicks, spiraled. The market leader in U.S. sales of vitamins and supplements fell out of the top 10, according to data-tracking firm SPINS LLC. And the company went from making roughly $7 million a year to attaining “bleeder-and-weeper” status within P&G, the nickname given for failing units, the couple said.
Frontier Communications Corporation FTR has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Frontier Communications’ earnings consensus.