The S&P 500 (SPX) has gained 5% this year, and the tech-heavy Nasdaq Composite (COMP) is up 8%, even with a seemingly daily stream of job-cut announcements. Veteran Wall Street strategist Joe Lavorgna is certainly in the camp expecting a recession.
Defense stocks roll out Q4 results this week as government spending cuts come into focus. Lockheed Martin, Raytheon and Northrop Grumman are all set to report.
Super Micro (SMCI) 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.
Lamb Weston (LW), Pinduoduo (PDD), and Catalyst Pharmaceuticals (CPRX) have been selected as the top picks with a high net income ratio.
United Rentals' (URI) fourth quarter results benefit from strong end markets and the strength of its core rental business.
"We delivered on our financial priorities: returning cash to shareholders, investing capital efficiently, and paying down debt," said CEO Mike Wirth.
Here is how Allegro MicroSystems, Inc. (ALGM) and Amer Movil (AMX) have performed compared to their sector so far this year.
The inflation rate most closely watched by Fed Chair Jerome Powell eased in December, which is good news for the S&P 500 rally.
Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are dominant in their respective fields. Unsurprisingly, investors are curious about which of these incredible growth stocks is better.
Real estate investment trusts, or REITs, can be a great addition to a well-diversified portfolio. These investments offer a solution to those looking to benefit from real estate assets. However, they also come with their own unique tax implications. Here's a … Continue reading → The post Understanding How REITs Are Taxed appeared first on SmartAsset Blog.
After being shunned for most of 2022, the mortgage real estate investment trust (REIT) sector regained some popularity as investors sensed the Federal Reserve's tightening cycle is wrapping up, which will remove a major headwind for the sector. The two biggest mortgage REITs, AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY), have mounted quite the rally over the past several months. The idea is that rental income will cover the interest costs on the debt the REIT used to finance the property.
IBM stock sank Thursday, though the technology mainstay beat Wall Street's fourth-quarter expectations. During the December period, IBM earned $3.60 per share, minus some items, on $16.69 billion in sales.
(Bloomberg) -- Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company an important injection of liquidity after it was cut further into junk by S&P Global Ratings last month. Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarHindenburg vs Adani: The Short
The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Two-year U.S. Treasury notes were yielding 4.22% early Friday, while 10-year Treasury notes were yielding 3.56%. A lower long-term interest rate means investors expect to profit when a slowing economy causes the Federal Reserve to change its policy and push interest rates down. Bond prices move in the opposite direction and long-term prices are more sensitive.
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
A new era is about to begin at Toyota. The reasoning of the Japanese behemoth has always been that consumers were not ready to adopt electric vehicles. As a result, Toyota favored a policy of small steps.
The electric vehicle (EV) market is growing fast, and by 2030 an estimated 60% of new vehicle sales will be EVs, according to the International Energy Agency. All of these new EVs will need a place to charge, and ChargePoint Holdings (NYSE: CHPT) is hoping that many of them get their electron fix from its charging stations in the coming years. To better understand the company's potential and its hurdles, let's look at what's happening with ChargePoint right now and where it's headed in the next few years.
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.