Rockwell Industries (ROK) is a leader in automation technologies and brands itself as an innovator in electrical power and equipment. IBD Stock Checkup ranks it fifth in its industry group. The company reports earnings Thursday and, as with many other companies, it is expected to present good numbers but deliver weak guidance. My trading choice for Rockwell stock comes as...
U.S. chip giant Intel Corp said on Wednesday its first semiconductor for data center customers focused on power efficiency, Sierra Forest, would be delivered in the first half of next year, as it outlined a chip release schedule after prior delays. "It's been a challenging few years as we had introduced a lot of innovation but also a lot of complexity and our product release dates had pushed out," Intel Data Center and AI Group head Sandra Rivera told Reuters ahead of an investor event. Intel still dominates the markets for PC and server processing chips, with a market share greater than 70%, tech research firm IDC has calculated.
Bluebird (BLUE) delivered earnings and revenue surprises of -26.67% and 99.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.
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.
What we know about the world’s richest.
The Charles Schwab Corporation (SCHW) closed the most recent trading day at $53.85, moving -1.84% from the previous trading session.
For the first time since the opioid crisis began, people will be able to buy medication on retail shelves to reverse an overdose.
Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.
The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax on individuals.
Elon Musk doesn't seem all that impressed with Warren Buffett's stock picks. And he took to Twitter — of course — to say so.
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
Morningstar has put together a list of top dividend stocks held by its 'ultimate stock pickers.'
The markets have been pounded lately by a series of economic shocks, most recently the bank crisis sparked earlier this month by the failure of Silicon Valley Bank. That spread quick fears of contagion, as the crypto-heavy Signature and Silvergate banks also failed – and then the international heavyweight Credit Suisse showed signs of cracking. Economist Mohamed El-Erian warns that we are facing multiple problems simultaneously, and the outlook is grim. “It’s not just a dilemma of inflation vers
Marathon Petroleum Corp. is a leading, integrated, downstream energy company that operates the nation's largest refining system. Goldman Sachs raised MPC to a buy rating Wednesday with a $150 price target. In the daily bar chart of MPC, below, I can see that the shares are in an upward trend.
Emergent Biosolutions stock soared Wednesday after the Food and Drug Administration approved Narcan—the nasal spray that treats opioid overdoses—for over-the-counter use. Narcan, which is a naloxone hydrochloride nasal spray, previously was available only by prescription. “Today’s action paves the way for the life-saving medication to reverse an opioid overdose to be sold directly to consumers in places like drug stores, convenience stores, grocery stores and gas stations, as well as online,” the FDA said in a news release.
Tesla shares are having their best start to a year ever after having the worst start to the year ever. That setup makes the coming delivery number key.
(Bloomberg) -- Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverMcKinsey Starts Cutting 1,400 Jobs This Week in RestructuringIn a measure that offici
Kingsoft Cloud Holdings Limited (NASDAQ: KC) reported a fourth-quarter FY22 revenue decline of 19.9% year-on-year to $308.9 million, beating the consensus of $302.9 million. Revenues from public cloud services decreased 12.2% Y/Y to $194.9 million due to the scaling down of its CDN services. Enterprise cloud services revenues declined 30.4% Y/Y to $113.9 million due to the resurgence of COVID-19 and more stringent project selection. Adjusted loss per ADS of $(0.34) missed the consensus loss of $
Tech led the stock market lower Tuesday, with major benchmarks weakening in the last hour. Berkshire Hathaway's Warren Buffett made $450 million on Occidental Petroleum after a Cowen upgrade. Berkshire added more shares in March.
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