Twilio stock edged up as June-quarter earnings fell from a year earlier but topped views amid its acquisition spree.
(Bloomberg) -- U.S. equity futures and Asian stocks fell Monday amid a slump in Hong Kong property developers and jitters before a Federal Reserve meeting that’s expected to hint at moving toward paring stimulus. The dollar rose.U.S. and European contracts dropped after the S&P 500 slid the most in a month, a test for the buy-the-dip mentality as the gauge jabs at its 50-day moving average. Hong Kong shares tumbled on growing concern about China’s crackdown on the real-estate sector and speculat
Here's how to dabble in the most popular investment in human history.
The energy sector’s production companies benefit from dealing in commodities – oil and gas – that are always in demand. They have high overhead, but they also have a ready market for the product and consequent strong cash positions. Using that strong cash-flow, the companies have been following two strategies to boost their shares; First, they are simply buying back shares to support the price. And second, they are paying out high dividend yields, offering investors a steady income stream from t
With the S&P 500 just below its 50-day, the market rally is at a turning point with a key Fed meeting on tap. What should investors do now?
Following a bearish end to the week for Bitcoin and the broader market, a Bitcoin move back through to $48,000 levels would support the broader pack.
HONG KONG (Reuters) -Shares of Evergrande on Monday plunged as much as 19% to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast approaching deadline for payment obligations this week. The company's property management unit dropped over 12%, while its electrics car unit declined 8%. Movie streaming company Hengten Net, majority-owned by Evergrande, plummeted 14%.
This trend may continue through to the end of the year — here's why.
Following a mixed day for the majors on Saturday, a Bitcoin return to $50,000 would signal a breakout for the broader market.
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen issued a fresh plea for Congress to raise the federal debt ceiling on Sunday, arguing a default on U.S. debt would trigger a historic financial crisis. In a Wall Street Journal opinion piece https://www.wsj.com/articles/congress-raise-debt-limit-ceiling-yellen-treasury-brinkmanship-federal-budget-11632069056, Yellen said that the crisis triggered by a default would compound the damage from the continuing coronavirus pandemic, roiling markets and plunging the U.S. economy back into recession at the cost of millions of jobs and a lasting hike in interest rates. "We would emerge from this crisis a permanently weaker nation," Yellen said, noting that U.S. creditworthiness has been a strategic advantage.
Seventeen-year-old Dylan Jin-Ngo became fascinated with the stock market when he was in sixth grade. Now the Huntington Beach teen spends much of his free time teaching other kids about markets.
If you invested in COVID-19 vaccine maker Moderna (NASDAQ: MRNA) last year, you're likely sitting on a fantastic return, as the stock is up more than 500% in 12 months (the S&P 500 has increased by just 31%). With a pricey valuation that's significantly higher than analyst price targets and a business that today is dependent on COVID-19, it may only be a matter of time before a correction takes place. Moderna could soon face more competition in the U.S.
Investors' main focus this week will be on the Federal Reserve's September monetary policy meeting, which will set the stage for more debate around the timing of tapering and the outlook for the economy. Other economic data out this week will focus on the housing sector.
Semiconductor manufacturer Intel (NASDAQ: INTC) was asleep at the wheel as rival Advanced Micro Devices (NASDAQ: AMD) rose from the dead. AMD's products were terrible from 2011 through 2017, built on a failed architecture that came nowhere close to competing with Intel. AMD is now on the fourth generation of Zen, and its chips have surpassed Intel on essentially every metric.
Microsoft and AMD are among top stocks setting up possibly buying opportunities off 50-day or 10-week lines.
Buying Netflix stock at its initial public offering back in 2002 would have yielded even better results, and a $1,000 investment in the entertainment company would now be worth about $492,000 based on today's stock price. With that kind of life-changing performance in mind, a panel of Motley Fool contributors has identified three stocks that are primed to be world beaters. Impinj (NASDAQ: PI) is a company that makes it easy to track and gather data from non-electronic objects -- bridging the Internet of Things into a world beyond smart cars, mobile devices, and connected toasters.
Relief payments have been approved in several states. Is yours on this list?
1. Decide who is your one trusted advisor—then build a support team around that person. You should take the time to identify your one trusted advisor and build a team of other professionals around him or her. Frequently, the newly wealthy have previously been working with one professional, such as an accountant, financial advisor or insurance broker, and continue relying on that same professional as their primary source of advice.
It might seem tough to find cheap tech stocks as the Nasdaq hovers near all-time highs. Let's take a closer look at three of those undervalued tech stocks: Cisco (NASDAQ: CSCO), Ericsson (NASDAQ: ERIC), and Skyworks Solutions (NASDAQ: SWKS). Cisco is often considered a slow-growth tech stock, since it generates most of its revenue from networking switches and routers.
(Bloomberg) -- Iron ore extended its slump below $100 a ton as China stepped up restrictions on industrial activity in some provinces. Futures in Singapore tumbled as much as 12% on Monday, before swiftly paring losses. Prices have collapsed about 60% since a record in May, and are trading below three figures for the first time in more than a year, as Chinese demand wanes.The world’s biggest steelmaker is intensifying steel production curbs to meet a target for lower volumes this year as it push
Just when you thought the coronavirus couldn't be worse, it's clear the virus leaves many people with long-lasting, debilitating symptoms that may never go away, and we're not just talking for those hospitalized. Even mild cases of COVID-19 are leading to many Americans being hobbled, maimed and not their old selves. The syndrome is called "Long COVID, a constellation of signs and symptoms characterized by" the following symptoms, Dr. Anthony Fauci, the director of the National Institute of Alle