You are probably paying off your student loans and retirement is 40 years away. Shouldn't you focus on eliminating debt and, maybe, saving for a home?
This trio might be ice cold. But Wall Street says they now have up to 86% upside.
(Bloomberg) -- Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades.Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsBroadcom in Talks to Acquire Cloud Company VMwareHow an Energy Expert Triggered Vladimir Putin With One WordStocks Steady as China Sours Mood; Dollar Dips: Marke
If a major recession is coming, the financial guru recommends some fast, concrete moves to protect your money.
The first half of 2022 has been rocky. But Goldman likes this group to bounce back.
(Bloomberg) -- Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsBroadcom in Talks to Acquire Cloud Company VMwareHow an Energy Expert Triggered Vladimir Putin With One WordStocks St
Fears of a recession are mounting, but this economist is unwilling to get drawn into the drama just yet
On Friday morning, agricultural equipment giant Deere & Company (NYSE: DE) announced that it just grew its profits about twice as fast as it grew its sales. Reporting its financial results for its fiscal second quarter 2022 Friday, Deere said its net sales and revenue came in at $13.4 billion, up 11% year-over-year. In just the first two hours of trading Friday, Deere stock fell 11.5%.
Market rotation out from this defensive sector could signal the start of stock market capitulation based on the analogue comparison of the global financial crisis in 2008.
Nobody knows when a stock (or the stock market) has hit bottom. People can speculate -- and every analyst hoping for a little bit of television fame most certainly will -- but no person, no matter how many past predictions they claim to have gotten right knows when a stock or the market has fallen as low as it will go. Down markets, bear markets, market crashes -- whatever you want to call them follow no rules.
The tech companies are discussing a cash-and-stock deal that could come soon, setting the stage for what would be one of the year’s biggest deals.
Since these are the two businesses Amazon dominates, it sold off hard. The hints of last week's retail destruction were actually forecast by Amazon back in its April first-quarter earnings report. Operating income actually declined from $8.7 billion a year ago to just $3.7 billion.
On Wednesday, the Federal Open Market Committee publishes the minutes from its May monetary-policy meeting, and on Friday, the Bureau of Economic Analysis reports the personal consumption expenditure price index for April.
Chinese ride-hailing giant Didi Global Inc. is widely expected to secure a blessing from its shareholders on Monday to delist in New York. Peter Elstrom reports on "Bloomberg Markets: China Open."
With the world gripped by an increasingly long list of negative macro trends, the market has followed suit, showing a decidedly bearish slant in 2022. Investors have been trying to make sense of the chaos. At times it has appeared as if no stocks can withstand the gloomy macro developments. This kind of market behavior, however, creates opportunities for investors willing to seize a bit of risk. Plenty of sound stocks lose share value just because they get carried along by the general currents.
Dow Jones futures rose, but be wary after the stock market suffered another week of solid losses as fears grew of a "hard" economic landing.
History indicates that several more months of pain are in store for the bulls, whose best hope might be that the benchmark index doesn’t slip below 3600, 7.7% under this past week’s close.
The Nasdaq Composite fell 9% in the first quarter, as many investors weighed concerns about the strength of the economy. Likewise, billionaire James Simons of Renaissance Technologies doubled down on Tesla (NASDAQ: TSLA), and the stock now ranks as the second-largest holding in his hedge fund.
You've heard the expression that "a diamond is forever." Here are the "diamonds" of tech.
(Reuters) -Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software, following its $18.9 billion acquisition of CA Technologies and its $10.7 billion purchase of Symantec Corp’s security division in the last four years.
(Bloomberg) -- Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation. Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsBroadcom in Talks to Acquire Cloud Company VMwareHow an Energy Ex