Four new Clydesdale foals were born recently, beer maker Budweiser announced just in time for the Super Bowl, but you can't see them in ads Sunday.
Traders took heart that Fed Chair Jerome Powell, when he wasn’t being questioned by David Rubinstein on how he gets by on $190,000 per year, didn’t commit on Tuesday to having to be even more aggressive on interest rates given the huge 517,000 surge in nonfarm payrolls. Powell said rates would have to go even higher than the market currently expects “if we continue to get” strong labor market or higher inflation reports. Economists at Morgan Stanley point out that the January number reflects three factors it believes to be temporary: unusually warm weather, the resolution of California higher-education strikes and a very strong seasonal adjustment boost.
Tesla is sending out invites to its highly anticipated Investor Day on March 1st, but CEO Elon Musk says there will be more to come — his Master Plan part 3.
V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety.
This promise was made via a signed promissory note, and the return was less than the annual return I had been experiencing years before. The question I have is twofold: What’s the best way to mend and repair the relationships with friends and family, and to what extent could I be faced with punitive legal action? Promissory notes are typically used in real estate, automobile, college and/or personal loans.
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. This tax has set off alarm bells in some corners of Wall Street, on the theory that buybacks were one of the biggest props supporting the past decade’s bull market — and anything weakening that prop could lead to much lower prices. One reason is that the new excise tax — whether 1% or 4% — is applied to net buybacks — repurchases in excess of how many shares the corporation may have issued.
Question: I’m in Maryland and could use a financial planner for my Roth IRA and my TSP [a retirement savings plan for government employees] to make investment suggestions and help manage my funds to improve returns. My Roth IRA is about $80,000 and I really need help finding the right investments to grow this account in this terrible environment. “Not all financial planners require a minimum number of assets to work with you,” says certified financial planner Jonathan Grannick of Wonder Wealth.
These are the stocks making moves in after-hours trade.
The telecommunications company pressed the reset button and disappointed Wall Street with its outlook in a Tuesday afternoon report
Shares of Google parent Alphabet are down in Wall Street trading after a glitch in the company’s new artificial intelligence (AI) platform, Bard, contributed inaccurate information in promotional video.
“This time is different,” Burry tweeted Tuesday, including a chart that showed the roughly 40% stock market drop—and multiple bear market rallies—that occurred during the dotcom bubble.
The days of $100 oil may not be over.
After the markets closed on Tuesday, VistaGen Therapeutics Inc (NASDAQ: VTGN) reported a Q3 FY23 net loss of $(9.8) million or $(0.05) per share, narrower than the consensus of $(0.07). William Blair estimated an EPS loss of $(0.06). VistaGen says that it is not advisable to resume the PALISADE-2 study after failed Phase 3 PALISADE-1 trial of PH94B for the acute treatment of social anxiety disorder (SAD). Also Read: Vistagen Strengthens Its Neurology-Focused Pipeline With Pherin Pharma Acquisiti
Shares of Google parent Alphabet Inc. dropped more than 8% Wednesday following the official demonstration of Google’s new AI chatbot, Bard, just one day after Microsoft Corp. held its own event to demonstrate new AI technologies in its competing search engine, Bing. Evercore ISI analyst Mark Mahaney bluntly deemed Google’s event, which focused on new AI-powered services across key consumer products such as search and maps, “Ai Ripple, Not Yet Ai Splash” in a note Wednesday. Bard is Google’s answer to Microsoft’s (MSFT) ChatGPT, which got a major event on Tuesday.
Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-GAAP earnings of 99 cents a share, ahead of estimates of 78 cents a share, according to FactSet. Sales of $23.51 billion was a touch above estimates of $23.45 billion.
Shares of electric-vehicle maker Tesla continued their rebound Wednesday, rising above the $200 barrier. Take some profits now.
Emerson (EMR) Q1 earnings decline by double digits year over year. Revenues increase 7% year over year driven by solid segmental performance.
The ultimate, lucrative fire sale.
NIO Inc. (NIO) closed the most recent trading day at $10.92, moving -0.09% from the previous trading session.