Why StoneCo Rallied This Week

Investor's Business Daily
Dow Jones Rises 175 Points After Jobless Claims, GDP Data; Schwab Drops On Downgrade
The Dow Jones rose 175 points Thursday after first-time jobless claims and Q4 GDP data. Schwab stock dropped on an analyst downgrade.
21m ago
Zacks
Bear of the Day: First Republic Bank (FRC)
Silicon Valley Bank assets got bought for pennies on the dollar, so where does that leave FRC?
4h ago
Zacks
Semtech (SMTC) Q4 Earnings Lag Estimates
Semtech (SMTC) delivered earnings and revenue surprises of -2.08% and 11.63%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
16h ago
MoneyWise
Will Bitcoin keep minting more millionaires or is this just a 'dead cat bounce'? Here's why Warren Buffett believes crypto 'will come to a very bad ending'
The Oracle of Omaha never saw a future in cryptocurrency.
1d ago
TipRanks
Warren Buffett and Morgan Stanley Have One Thing in Common: They Both Like These 2 Stocks
Investors looking for alpha in an uncertain market environment could do worse than following in the footsteps of legendary stock pickers and probably none can match Warren Buffet’s reputation. Not for nothing the “Oracle of Omaha” is considered one of the all-time greats and for nearly 60 years, between 1965 and 2022, his Berkshire Hathaway firm’s returns have doubled those of the S&P 500. So, it’s definitely worth nosing through Buffett’s portfolio to see which stocks he currently holds. And wh
41m ago
SmartAsset
Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
1d ago
Bloomberg
Morgan Stanley Downgrades Charles Schwab for First Time, Slashes Target
(Bloomberg) -- Charles Schwab Corp.’s clients are pulling cash out of the firm’s low-interest-rate bank accounts at twice the rate that Morgan Stanley expected, prompting the firm’s analyst to yank his buy-equivalent rating on Schwab for the first time since he began covering the brokerage stock seven years ago.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot Mar
43m ago
Barrons.com
Intel Stock Surges as New Chips to Be Ready Sooner. What Analysts Say.
The semiconductor maker brings forward timelines for production of next-generation data-center chips.
36m ago
Barrons.com
EVgo Crushes Sales Estimates and Guidance Is OK. The Stock Is Rising.
The electric-vehicle charging company reports fourth-quarter sales of $27.3 million, better than analysts' estimates of $20 million.
40m ago
MoneyWise
'So absurd': Bernie Sanders says the top 15 hedge fund managers earn more than all the kindergarten teachers in the US — here are 3 of the richest hedgies and what they're invested in
What we know about the world’s richest.
1d ago
MoneyWise
‘Show me how … so I don’t go to prison’: Real estate guru Grant Cardone weighs in on new method to invest in real estate. Plus two simple ways to build your real estate portfolio
The verdict? The future is virtual.
1d ago
SmartAsset
Here's How Much to Keep in Stocks, Bonds and Cash in Retirement
There are many different approaches and strategies for retirement investing that might appeal to you. But how do you tell if a certain strategy works for your situation? When evaluating different approaches, consider how each strategy is put together and … Continue reading → The post Here's How Much to Keep in Stocks, Bonds and Cash in Retirement appeared first on SmartAsset Blog.
17h ago
TipRanks
‘Charts Point to Higher Highs,’ Says Oppenheimer. Here’s a Stock With Over 100% Upside Potential
There are different ways to assess whether it’s time to lean heavily into a certain class of stocks, and according to Oppenheimer’s head of Technical Analysis Ari H. Wald, the charts right now are pointing toward a resurgence in growth. “Recent points of market discussion have included incremental cracks in value and concurrent relative strength in growth,” Wald noted. “Breaking down the components and their influence on the market, we see growth in a stronger position to the lead the S&P 500 hi
14h ago
TheStreet.com
Cathie Wood Backs Out of One Investment She Previously Praised
Ark Invest's Cathie Wood, after talking up investing in autonomous taxis, has sold a large number of shares in a major player in the business. According to Ark's daily trade update on March 28, Wood has decided to sell 226,727 shares of XPeng from her ARK Autonomous Technology & Robotics ETF . In Ark's Big Ideas 2023 publication, Wood had said that autonomous taxis are a reality today.
19h ago
SmartAsset
Vanguard: Retirees Can Add at Least $100k to Retirement Savings By Doing This
Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.
1d ago
Investor's Business Daily
Elon Musk Says Warren Buffett Missed Out On The Best Stock
Elon Musk doesn't seem all that impressed with Warren Buffett's stock picks. And he took to Twitter — of course — to say so.
1d ago
Quartz
A royal clause is allowing Disney’s magic kingdom to circumvent DeSantis’ board for decades to come
Florida’s plan to exert more control over Disney by stripping it of its special tax district is not quite working out as planned.
3h ago
Reuters
Ford in $4.5 billion deal for EV battery materials plant
The investment is Ford's first in the Southeast Asian country and underscores growing appetite among automakers for raw materials used in producing electric vehicle (EV) batteries, which account for about 40% of a vehicle's sticker price, aiming to cut costs and close the gap on EV market leader Tesla. Indonesia, which has the world's biggest nickel reserves, has been trying to develop downstream industries for the metal, ultimately aiming to produce batteries and electric vehicles. The proposed high-pressure acid leaching (HPAL) plant will be located in Pomalaa in Southeast Sulawesi, where Vale operates a nickel mine.
7h ago
Barrons.com
FDA Approves Narcan for Over-the-Counter Use. What It Means for Emergent Bio’s Stock.
Narcan, a standard treatment for opioid overdoses, will become available in U.S. retail stores later this year, as part of health officials’ efforts to reduce the number of fatal overdoses. The move should also pave the way for growing sales for Emergent Biosolutions which produces Narcan. On Wednesday, the Food and Drug Administration approved Narcan, a naloxone hydrochloride nasal spray, for over-the-counter use.
18h ago
Investopedia
Top Dividend Stocks for April 2023
This month's list of top dividend stocks consists of Latin American oil and gas companies like Petroleo Brasileiro S.A. Petrobras (PBR) and Ecopetrol SA (EC), as well as Israeli shipping firm ZIM Integrated Shipping Services Ltd. (ZIM). Dividend-paying companies tend to be well-established, with stable earnings and a track record of distributing a portion of them to shareholders in the form of cash or additional stock. One useful measure to gauge the sustainability of a company's dividend payments is the dividend payout ratio (DPR), which measures total dividends divided by net income.
22h ago

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Why StoneCo Rallied This Week

Recommended Stories

Dow Jones Rises 175 Points After Jobless Claims, GDP Data; Schwab Drops On Downgrade

Bear of the Day: First Republic Bank (FRC)

Semtech (SMTC) Q4 Earnings Lag Estimates

Will Bitcoin keep minting more millionaires or is this just a 'dead cat bounce'? Here's why Warren Buffett believes crypto 'will come to a very bad ending'

Warren Buffett and Morgan Stanley Have One Thing in Common: They Both Like These 2 Stocks

Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?

Morgan Stanley Downgrades Charles Schwab for First Time, Slashes Target

Intel Stock Surges as New Chips to Be Ready Sooner. What Analysts Say.

EVgo Crushes Sales Estimates and Guidance Is OK. The Stock Is Rising.

'So absurd': Bernie Sanders says the top 15 hedge fund managers earn more than all the kindergarten teachers in the US — here are 3 of the richest hedgies and what they're invested in

‘Show me how … so I don’t go to prison’: Real estate guru Grant Cardone weighs in on new method to invest in real estate. Plus two simple ways to build your real estate portfolio

Here's How Much to Keep in Stocks, Bonds and Cash in Retirement

‘Charts Point to Higher Highs,’ Says Oppenheimer. Here’s a Stock With Over 100% Upside Potential

Cathie Wood Backs Out of One Investment She Previously Praised

Vanguard: Retirees Can Add at Least $100k to Retirement Savings By Doing This

Elon Musk Says Warren Buffett Missed Out On The Best Stock

A royal clause is allowing Disney’s magic kingdom to circumvent DeSantis’ board for decades to come

Ford in $4.5 billion deal for EV battery materials plant

FDA Approves Narcan for Over-the-Counter Use. What It Means for Emergent Bio’s Stock.

Top Dividend Stocks for April 2023