AT&T (NYSE: T) and Apple (NASDAQ: AAPL) are both considered stable blue-chip tech stocks to hold during economic downturns. AT&T, which abandoned its media ambitions by spinning off DirecTV and WarnerMedia over the past two and a half years, is now a stable and streamlined play on wireless and wireline networks. Apple generates steady growth through its sales of iPhones, iPads, Macs, accessories, and services.
ServiceNow (NOW) announces the launch of Now Platform Utah, its latest version of the intelligent, end-to-end platform for digital transformation.
AT&T (T) is focusing on the nationwide expansion of its 5G and fiber infrastructure to ensure fast, reliable connectivity, minimize the digital divide and enhance network resiliency.
For the third consecutive week, the weekend promises to be decisive for the banking sector, as investors fear that Silicon Valley Bank's difficulties will spread. On March 10 regulators had to shut down the bank, resulting in the second-biggest bank failure in American history, after the collapse of Washington Mutual in the financial crisis of 2008. The crisis also reached Europe, pushing the Swiss government to force UBS to urgently buy its compatriot Credit Suisse for the modest sum of $3.24 billion.
The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.
Since the banking crisis began, investors have been looking toward the Federal Reserve. The central bank’s move on interest rates had been widely anticipated, and investors were eager for a sign to indicate whether the Fed saw inflation or a bank run crisis as the greater threat. With central bank’s announcement of a 25 basis point rate hike, or 0.25%, the impression is that the Fed has tried to take a middle path, and is slowing its interest rate policy to calm the banking sector while not aban
Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.
(Bloomberg) -- Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud. Most Read from BloombergUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeDorsey’s fortune plunged by $526 m
Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.
(Bloomberg) -- First Republic Bank shares ended lower Friday on the heels of another downgrade and as financial turmoil spread to a European lender, deepening concern about the banking sector. Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThe shares whipsawe
"As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."
When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a
The market rally attempt rose in a volatile week, but hasn't broken out or broken down. Here's what to do. Microsoft and Tesla are near buy points.
Market turmoil is sending nervous investors into cash, but there are several options better than parking it in a mattress.
CVS Health (CVS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."
Total household balances in retirement accounts for those 55 to 64 years old are $413,814 on average, according to its estimates based on 2019 data, the most recent available. “For many, the expectation of retirement doesn’t match the facts of their everyday financial lives,” said Larry Raffone, chief executive of Edelman Financial Engines. Dana and Elsie Jones hoped to become snowbirds in retirement, living half the year in Florida.
With the recent collapse of two banks serving as a backdrop, the Federal Reserve hiked interest rates another 25 basis points on Wednesday. The decision to raise the federal funds rate to a 4.75-5% target range comes on the heels of the … Continue reading → The post Fed's Latest Rate Hike: What Retirees Need to Know appeared first on SmartAsset Blog.
The top five biotech stocks today have several commonalities: strong ratings. Some also show promising charts and are Tech Leaders.
Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.
Here are 3 Zacks Rank #1 (Strong Buy) REIT stocks that investors may want to consider as they appear to be trading at a discount.
Yahoo Finance 
Yahoo Finance Plus