If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.
Mark Cuban once drove around a real hunk of junk — seriously. The billionaire Dallas Mavericks owner says the best pieces of investing advice he got when young was to be as poor as possible first. The “Shark Tank” star these days doles out a lot of advice to young entrepreneurs on CNBC but he says it doesn’t take a million-dollar idea to become rich.
Netflix NFLX has seen its stock price soar over the last year on the back of strong subscriber numbers, international expansion, and the overall growth of internet-based TV. Netflix is currently the undisputed champion of streaming. Meanwhile, both Apple AAPL and Disney DIS are set to enter the streaming TV market over the next few years, which means Netflix will face more challengers than ever before.
This 'Strong Buy' tech stock has won the attention of five top ranked analysts, who have all recently upgraded their recommendations to Buy. Verizon has jumped almost 9% throughout the last three months. The 12-month average price target suggests the stock boasts 10% in upside potential.
Something happened on the Delta air Lines call yesterday that caused my jaw to drop -- and I typically don't do a lot of jaw dropping on a conference call. Delta's management acquitted itself well -- despite the $2 billion increase in fuel costs,
"They are underperforming," said Stephen Biggar, director of financial-institution research at Argus. JPM fell 49 cents to close at $106.36 despite reporting $2.29 in earnings per share, beating analysts' consensus expectations by 7 cents. In light of the earnings beats, Biggar reiterated his $130 price target for JPM and $175 target on PNC.
Jul.13 -- China releases its GDP numbers next week amid a trade war with the U.S. China is zooming to a record year of corporate-bond defaults, with the 2018 total already more than three-quarters of the previous high even before an expected economic slowdown bites. Oksana Aronov, fixed-income strategist at JPMorgan Asset Management, Joe Higgins, managing director at TIAA Investments, and Matt Toms, chief investment officer of fixed income at Voya Investment Management, join Bloomberg's Lisa Abramowicz to discuss credit quality in China.
Is investing in cryptocurrency safe? As the financial world becomes more and more dependent on digitization and data analysis, information sharing has developed as a way to not only relay communications but to quantify value and transfer currency. Decentralized currencies provide a new way of looking at money and controlling your financial future, without interference from traditional banks or financial institutions.
Airlines stocks have been losing altitude lately. Because they have great cash-flow generation and several return a large amount of capital, though, some investors are no doubt wondering if now’s the time to buy. There are a number of different names,
If you’re an Amazon Prime member, you may already know how much you plan on spending this coming Monday — when Amazon Prime Day begins at 3 p.m. ET and goes on for 36 hours. Yahoo Finance surveyed more than 4,000 readers about their plans on Prime Day. Among 3,001 Amazon Prime members, more than half said they’ll shop on Prime Day without even knowing the deals.
Airbus is closing in on a blockbuster agreement to sell $23 billion worth of aircraft to AirAsia, sources say #tictocnews More from Bloomberg.comNetanyahu Targets Hamas Militants as Israeli
Five-star analyst Romit Shah of Nomura has been a confident Tesla bull since he first initiated coverage on the stock last October. As Tesla revs towards unlocking profitability by the third or fourth quarter of this year, Shah is encouraged. In the last week of Tesla's second quarter, the company achieved its own deadline, producing 5,000 Model 3 cars per week.
Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday. "The discussion right now is proposed tariffs, ongoing discussions. Washington recently imposed 25-percent tariffs on $34 billion of Chinese imports, and Beijing responded with tariffs on the same amount of U.S. exports to China..
General Motors' self-driving unit, Cruise, could be worth $43 billion, RBC Capital Markets estimates. The autonomous arm received a valuation of $11.5 billion from Japan's SoftBank in May. Cruise, the self-driving car company bought by General Motors in 2016, could be worth a whopping $43 billion, RBC Capital Markets estimates.
Jul.13 -- JPMorgan Asset Management is seeing deteriorating credit quality in U.S. leveraged loans and isn’t significantly boosting its holdings of the debt. Oksana Aronov, fixed-income strategist at JPMorgan Asset Management, Joe Higgins, managing director at TIAA Investments, and Matt Toms, chief investment officer of fixed income at Voya Investment Management, join Bloomberg's Lisa Abramowicz to discuss leveraged loans and emerging markets.
Sometimes, the stuff that people say about early retirement (and early retirees) is terrible. It is assumed that early retirement is the end of productive life and that unless we’re swimming in millions in cold hard cash, early retirement will eat us alive. As I said in my one-year early retirement performance review, early retirement is all that it’s cracked up to be.
McDonald's has a health problem. Johnson & Johnson has a litigation problem. Wells Fargo has an earnings problem. On a bad market these stocks would open down and go lower all day and finish at their lows at the brokers
With the help of strong Q4 and Q1 reports, as well as a broader appreciation by investors of Netflix's long-term opportunity and competitive strengths, the streaming giant's shares have followed up on a strong 2017 by rising 108% in 2018. Netflix will try to keep up its momentum when it delivers its Q2 investor letter after the bell on Monday, and hosts a "video interview" at 6 p.m. Eastern Time. TheStreet will be live blogging Netflix's second-quarter earnings after the close on Monday, July 16.
Silver markets initially fell during the day, reaching down towards the $15.75 level where we found a bit of support. This is an area that has attracted a bit of demand in the past, and I think it’s only a matter time before the longer-term buyers get
Cisco Systems Inc. (NASDAQ:CSCO) stock has gone nowhere since its last disappointing earnings report in May, but in a rising market, hope springs eternal. Cisco Systems has been bringing in between $47-49 billion in revenue for several years now, bringing about one-fifth of that revenue to the net income line, and it had almost $54 billion in cash and short-term securities in the bank at the end of April. By safe bet, the analysts mean Cisco is becoming a yield stock.
Workplace retirement plans get a lot of bad press, primarily if they are loaded with high fees. Put simply, 401(k)s work. The bad news is that otherwise-diligent savers can still leave money on the table with a 401(k), often without realizing it.
Bitcoin Cash gained 1.4% on Saturday, following Friday’s 0.77% rise, to end the day at $701.9. Friday’s late reversal continued through the morning, with Bitcoin Cash falling to an intraday low $685.5 before moving back through to $700 levels, the day’s first major support level at $679.97 left untested on the day. An afternoon recovery saw Bitcoin Cash break through the first major resistance level at $709.07 with an intraday high $713 before easing back, Bitcoin Cash managing to hold on to $700 levels, though plenty of resistance pinned Bitcoin Cash back from an early weekend rally.
The past few years haven’t been kind to newly public hardware companies, but Sonos Inc. hopes to break from that pattern by relying on a little help from tech giants like Amazon.com Inc. Sonos (SONO) makes high-end speakers, and the company has tried to capitalize on increased interest in voice commands by giving its products “smart” capabilities. Sonos currently sells products that are compatible with Amazon’s (AMZN) Alexa voice assistant, and Sonos expects its speakers to work with Alphabet Inc.’s (GOOGL)(GOOG) Google Assistant later this year.
Wells Fargo & Co. continued to disappoint investors with its earnings report released early Friday, but it still kept its sales people happy, as commissions and incentive pay increased while profit and revenue fell below expectations. The stock (WFC)tumbled as much as 4.3% intraday, before paring losses to trade down 1.1% in afternoon trade. Net interest income rose 1% to $12.54 billion, mostly in line with the FactSet consensus of $12.55 billion, while non-interest income dropped 8% to $9.01 billion to below expectations of $9.21 billion.
Twitter has been a tear this year — with shares soaring 82% to hit their highest price in over three years — and Goldman Sachs says the gains may not be done yet. The bank on Thursday raised its target price for the social-media stock to $55 from $40 — a full 25% above where shares were trading — saying Twitter is doing better on its turnaround than the rest of Wall Street gives it credit for. "We continue to believe that consensus expectations underestimate Twitter’s ability to 1) drive incremental engagement through new features and information quality initiatives, 2) better monetize engagement as advertisers leverage newer targeting and measurement functionality, and 3) show significant operating expense leverage as incremental revenue flows to the bottom-line," Heath Terry, the bank's tech analyst, told clients in a note.