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 […]
After a 13-year bull-market run driven primarily by the tech-heavy Nasdaq 100, growth stocks have tanked this year, and the index is down 30% in 2022. Stand out tech stocks Broadcom (NASDAQ: AVGO) and Datadog (NASDAQ: DDOG) have lost at least 20% of their value this year, but Wall Street still expects them to grow some 50% or more this year and beyond. Let's take a closer look at why each of these tech stocks are worth considering heading before we head into 2023.
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 […]
There is a stark difference between broken stocks -- where a company's stock is plummeting but the business is still thriving -- and struggling businesses. Struggling businesses where the share price is down significantly might not be buying opportunities, considering the company's fundamental concerns.
Energy Transfer LP (ET) 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.
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 […]
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
General Electric (GE) is plagued by persistent supply-chain disruptions, weakness in the Power and Renewable Energy segments and foreign currency headwinds.
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 […]
Yahoo Finance Live anchors discuss reports that GameStop is considering acquisitions following third-quarter earnings.
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