Based on Monday's view of an IBD-produced screen, they now include small-cap enterprise software firm Model N, lithium metal producer Albemarle, electrical equipment firm Hubbell and trendy footwear and apparel firm Deckers Outdoor. In 2022, the NYSE's composite index continues to outperform its Nasdaq sibling. Since the November 2021 peak in the market, the NYSE composite has fallen as much as 20% from its 17,442 peak.
BYD sales nearly tripled in Q3. Nio China EV sales hit a record and Li Auto beat target, both fueled by new models.
The women's health drug specialist rebuffed an offer from its majority shareholder. A roller coaster ride could be ahead.
Roaring interest rates have decimated real estate investment trusts in 2022, with the FTSE Nareit REIT index losing 28% so far this year.
Passive income and residual income are two types of personal revenue that separately or together can have a sizable effect on an individual's financial comfort and ability to reach financial goals. Passive income is money earned without significant ongoing active … Continue reading → The post Passive Income vs. Residual Income appeared first on SmartAsset Blog.
(Reuters) -Facebook parent Meta Platforms Inc said on Monday it has launched a new set of free software tools for artificial intelligence applications that could make it easier for developers to switch back and forth between different underlying chips. Meta's new open-source AI platform is based on an open-source machine learning framework called PyTorch, and can help code run up to 12 times faster on Nvidia Corp's flagship A100 chip or up to four times faster on Advanced Micro Devices Inc's MI250 chip, it said. But just as important as the speed boost is the flexibility the sofware can provide, Meta said in a blog post.
Palantir Technologies Inc (NYSE: PLTR) and Concordance Healthcare Solutions LLC, one of the largest independent healthcare distributors in the U.S., collaborated to power the first, fully integrated medical supply chain ecosystem bringing together inventory and supply chain data from manufacturers, suppliers, distributors, and providers into one cohesive, real-time system. Palantir and Concordance have built an ecosystem that can handle diverse data sets and disparate enterprise resource plannin
The price of gold peaked this year in March, when it surged to $2,052 in the wake of Russia’s Ukraine invasion. That marked the first time since August of 2020 that gold traded at that level; since then, however, gold has fallen and is now trading at $1,662. At the same time, gold miners and commodity traders are optimistic about the precious metal, seeing it as a sound investment despite the fall-off in price over the past 6 months. Gold is usually used as a hedge, a protective investment that
Due to its color and skyrocketing market value, many have coined lithium "white gold." Those with exposure to the metal are in a stellar position to reap the rewards from a booming EV landscape.
Palantir Technologies Inc. (PLTR) closed at $8.24 in the latest trading session, marking a +1.35% move from the prior day.
He was only five years old — and perhaps that's why what Rob Dickinson was about to see made such a big impression.
Silver prices climb sharply on Monday to post their strongest daily percentage gain since February 2021, and gold futures rise to their highest finish since mid-September as a disappointing reading on U.S. manufacturing contributes to a decline in U.S. Treasury yields.
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
Shares of large-cap oil and gas producers Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Devon Energy (NYSE: DVN) were in rally mode today, up 5%, 5.4%, and 7.9%, respectively, as of 11:24 a.m. ET. While many stocks were higher today, oil and gas stocks were particularly strong ahead of the upcoming OPEC+ meeting this week. Over the weekend, The Wall Street Journal reported OPEC+ participants would discuss production cuts at the upcoming meeting to offset falling prices, with the potential for a surprisingly large cut in the offing.
Have an issue with your financial adviser or have questions about hiring a new one? Email firstname.lastname@example.org.
The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
Incumbent chip maker Intel (NASDAQ: INTC), a banner victim of this year's tech stock sell-off, had an unusually good Monday. The company's shares rose by almost 5% on the day, due in part to a general rebound of tech titles generally and chip makers specifically, and partly due to a looming divestment. After market hours on Friday, Intel's assisted- and autonomous-driving tech unit Mobileye filed a prospectus for an initial public offering (IPO).
Tesla shares are getting hammered after weaker-than-expected third-quarter delivery numbers. The reason isn't 'cars in transit.'
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that he purchased 168 Berkshire Hathaway (ticker: BRK/A, BRK/B) Class A shares through the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members. Abel paid in a range of roughly $405,000 to $408,000 per class A share for the Berkshire stock, which closed Monday at $413,300, up 1.7% on the session.