XOMA Corporation ( NASDAQ:XOMA ) shareholders should be happy to see the share price up 14% in the last month. But over...
After falling for much of the week, the major stock market indexes were gaining ground early Thursday as investors digested the latest unemployment numbers. Last week's initial jobless claims suggest the Federal Reserve's campaign to combat inflation may finally be bearing fruit. Investors used that positive development as an excuse to buy up their favorite beaten-down tech stocks.
Is it time to bet on a turnaround?
Unfortunately, the stock has lost a lot of value since I made my initial investment. As interest rates fell, many borrowers refinanced their mortgages to lower rates. This forced Annaly to make lower-yielding investments, which impacted its income and its ability to pay dividends.
Media reports suggest that Hong Kong could relax certain restrictions aimed at preventing the spread of COVID-19.
Lincoln National (LNC) puts share buybacks on temporary hold to regain financial strength as well as cope with the substantial losses incurred in the third quarter of 2022.
In this article, we will discuss the 15 best electric car stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Electric Car Stocks To Buy Now. The Electric Car Industry: An Analysis Electric car stocks are increasingly becoming a popular investment option as the […]
Shares of Hello Group (NASDAQ: MOMO) were up 36% as of 9:31 a.m. ET on Thursday after the company reported better-than-expected earnings results for the third quarter. While management expects another decline in revenue next quarter, the sequential improvement in earnings per share is all that matters right now.
In this video, I talk about Palantir (NYSE: PLTR), which is down 60% year to date, and why that might be an excellent opportunity for long-term investors. For the full insights, do watch the video, consider subscribing, and click the special offer link below.
In this article, we will discuss the 14 Best Marijuana Stocks To Buy Now. You can skip our detailed industry analysis and go directly to the 5 Best Marijuana Stocks To Buy Now. The cannabis industry is expected to undergo rapid changes in the coming years. One reason is the increasing awareness of the health benefits […]
L1 Capital International, an investment management company, released its “L1 Capital International Fund” third-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned -0.4% net of fees in the third quarter compared to a 0.3% return for the MSCI World Net Total Return Index in AUD. The depreciation of Australian […]
The clinical-stage biotech that specializes in IBD therapies announced positive news regarding two trials for its lead therapy.
Investors searching for that feeling telling you market sentiment is shifting to a more positive outlook have been brought down to earth again. Following 2022’s market behavior to a tee, the recent rally has run into a brick wall. To wit, the S&P 500 notched 5 consecutive negative sessions over the last week with investors mulling over the prospect of a recession. Indeed, financial experts have been sounding the warning bells on the precarious state of the global economy. One of the doomsayers h
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Growth Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned -4.92% net compared to -0.12% return for the Russell 2500 Growth Index. In the quarter, market dynamics worked against the fund’s investment strategy. In […]
Shares of Carvana (NYSE: CVNA) were rallying Thursday, one day after the stock plunged on news that its major creditors had teamed up to negotiate with the online used car dealer, a sign that they were preparing for the company to go bankrupt. There was no specific news out on Carvana Thursday, but its recovery looked like a classic dead cat bounce. First, Apollo and Pimco, two of Carvana's biggest creditors that together hold $4 billion of its debt, signed a deal to work together in the event of a bankruptcy.
Kinder Morgan (KMI) anticipates adjusted EBITDA of $7.7 billion for 2023, up from the $7.5 billion projected for 2022.
Shares of Algonquin Power & Utilities (NYSE: AQN) crashed 31.7% in November, according to data provided by S&P Global Market Intelligence. It turned out to be the worst month for the utility stock in 2022 so far, with Algonquin shares now tumbling a whopping 49% year to date as of this writing. Utility stocks typically carry large amounts of debt and have, therefore, taken a beating this year amid rising interest rates.
Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a