Shares of connected-fitness company Peloton Interactive (NASDAQ: PTON) surged on Wednesday after the company announced financial results for the second quarter of fiscal 2023. As of 11 a.m. ET, Peloton stock was up 18%. Peloton CEO Barry McCarthy struck an optimistic tone, saying, "If you've been wondering whether or not Peloton can make an epic comeback, this quarter's results show the changes we're making are working."
Analysts don't usually tell investors to sell S&P 500 stocks. So when they do, it's wise to pay attention.
Hedge-fund manager Leon Cooperman said the current financial crisis isn't much of surprise. He divulged some sectors and one stock that he's buying now.
Charmagne Chi joined the FIRE movement two years ago to pursue her passions. Her advice: Question every financial decision.
While Chick-fil-A creates numerous political controversies, its customer base really loves its chicken. In the most recent version of the survey, for example, Chick-fil-A scored an 83, putting it well-above second-place finished Jimmy John's at 79. In a broad sense, on a local store-based level, Chick-fil-A has built its business around customer service.
The suit follows similar action against celebrity endorsers of FTX like Tom Brady and Madonna.
Based on the average brokerage recommendation (ABR), SoFi Technologies, Inc. (SOFI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Media mogul Rupert Murdoch is engaged for the fifth time, less than a year after his divorce from Jerry Hall.
(Bloomberg) -- First Republic Bank slid to an all-time low after S&P Global lowered the lender’s credit rating for the second time in a week and the Wall Street Journal reported that executives from major banks were discussing fresh stabilization efforts.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank St
Two big-name partners have walked away from partnerships with Sangamo Therapeutics Inc (NASDAQ: SGMO) over a few days. On Friday, the company filed an SEC document, Novartis AG (NYSE: NVS) terminated the Collaboration and License Agreement dated July 27, 2020, effective June 11, 2023. The Novartis and Sangamo were engaged in programs to research gene regulation therapies to treat three neurodevelopment disorders. Novartis has indicated to Sangamo that the termination relates to a recent strategi
fuboTV Inc. (FUBO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Chinese authorities said their investigation continues and made no comment on the possible cause of a crash that killed 132 people one year ago, which an initial U.S. assessment indicated was an intentional nosedive.
Prepare. The author sees more pain ahead.
“We’ve watched the bank lurch from scandal to scandal for so long that it’s hard to recall all of them at this point.”
I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
Consumer credit experts expect balances and interest rates to keep rising in 2023.
Based on how Rivian stock is trading, investors have given up on the electric truck maker. It may need a change in spending philosophy.
Dow Jones software giant Microsoft broke out past its latest buy point, while HubSpot and Monolithic Power are top stocks to watch.
About 60% of migrating retirees are moving to less pricey places — and typically extracting $100,000 of home equity in the process. Retirees moving out of their primary residence on the West Coast (Washington, Oregon and California) are most likely to be able to maximize the home equity they built up, and then retire and relocate. Similarly, retirees in the Northeast (New York, Massachusetts, New Jersey, Maryland and Washington DC) are also well positioned to come out of a home sale with cash in hand, the Vanguard report reveals.
Dimon leads talks to shore up First Republic after a $30 billion deposit from 11 banks fails to reassure investors, according to The Wall Street Journal.
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