The world's second largest economy has run into a Great Wall. China's National Bureau of Statistics announced Monday that the country's GDP...
Bill Gates looks for income, too. This is how he gets it.
THE MONEYIST Dear Quentin, My girlfriend is a busy woman, and she’s looking to retire early. She’s calculating how soon she can retire based on net worth accumulated from investment returns. We’re both in our late 20’s.
Yahoo Finance's Emily McCormick details stocks on the move on Wednesday.
While Nio (NYSE: NIO) shares dropped nearly 20% over the past month, they have been staging a recovery this week. The recent surge in the share price comes as the company's annual Nio Day event approaches, and it has also announced recent progress on its global expansion plans. In fact, the theme for Nio Day is "Hello World," implying the company will update investors further on its growth aspirations outside of China.
Kellog (K) says it is permanently replacing about 1,400 of its striking factory workers, ending a labor feud between employees and the cereal brand. “The prolonged work stoppage has left us no choice but to hire permanent replacement employees in positions vacated by striking workers,” the company wrote in a statement on Tuesday night.
HELP ME RETIRE Hello, My wife and I are 58 years old. We have four grown children who are all on their own with good jobs. All of their undergrad college has been paid for. (One daughter has graduate school loans for her advanced degree that she is paying for.
Shares of Nuvei Corporation (NASDAQ: NVEI), a payment-processing company, were crumbling today after Spruce Point Capital Management, a short-seller, released a negative report about Nuvei. Spruce Point also said that Nuvei has failed to provide quarterly updates about merchant additions, whether its merchant enterprises are large or small, where sales are occurring geographically, and other details about its sales. Spruce Point said that it estimates up to 40% to 60% long-term downside risk for Nuvei's stock based on its assessment.
These companies produce the only thing that matters.
Shares of semiconductor specialist Nvidia (NASDAQ: NVDA) opened lower on Wednesday, and were still down 2% as of 10 a.m. ET. As MarketWatch pointed out this morning, Tuesday saw a rally across stock markets -- but few sectors benefited as much as semiconductors, which "led the way, with gains far outpacing the broader market." Indeed, the PHLX Semiconductor Index (NASDAQ: SOXX) posted a 5% gain yesterday, or more than triple the 1.4% gain on the Dow Jones Industrial Average.
Ford says it has received 200,000 preorders for F-150 Lightning and Tesla CEO Elon Musk says more information about the Cybertruck will be revealed soon. Yahoo Finance's Pras Subramanian breaks down the latest news in the electric vehicle market.
Restoration Hardware beat third quarter estimates, sending the stock higher in after-hours trading.
In this article, we discuss the 10 favorite stocks of Cathie Wood and Ken Fisher. If you want to skip our detailed analysis of these stocks, go directly to the 5 Favorite Stocks of Cathie Wood and Ken Fisher. Cathie Wood and Ken Fisher are seasoned American investors, and are commonly known for their thriving […]
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Our stock screen identifies companies that have paid a high dividend for at least 25 years and whose shares are rising this year.
After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]
A closer look at the clinical trial results that drove the stock up in October was a little disappointing.
Shares of internet infrastructure outfit Fastly (NYSE: FSLY) were up more than 10% today as of 12:55 p.m. EST. After yet another attempted run higher in October and early November, shares were down as much as 30% since Nov. 8 due to a lackluster third-quarter 2021 earnings report followed by a general growth stock sell-off fueled by omicron variant worries. Meanwhile, fellow web content delivery network (CDN) Cloudflare (NYSE: NET) has been on an absolute tear (up 108% year to date at the moment) as the company has consistently reported just over 50% year-over-year revenue growth throughout the last year.
UiPath Inc. shares fell in the extended session Wednesday even as the “software robots” provider's quarterly results topped Wall Street expectations.
For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an influx of aggressive competitors into the sector. This week, Alibaba announced it was reorganising its e-commerce businesses into two units, one for China and one for overseas. In China, its two main marketplaces - Tmall for established brands and Taobao which welcomes all kinds of merchants - process over $1 trillion in orders annually.
As of 3:10 p.m. ET Wednesday, shares of hard-hit Chinese education stocks New Oriental Education (NYSE: EDU), Gaotu Techedu (NYSE: GOTU), and TAL Education (NYSE: TAL) are soaring -- up 8.3%, 12.2%, and 13.7%, respectively. Ever since the Chinese government announced its crackdown on the for-profit education industry this past summer, New Oriental, Gaotu, and TAL, too, have been in the dumps.