The Stock Market Has Avoided a Bear. But the Selloff Isn’t Over.
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Big drops could be good news if they mean that investors are bringing the market to a bottom. How to not get mauled.
High-quality items seldom go on sale. Grab them when they do.
Tesla released its Q2 production and delivery figures, which came roughly inline with street estimates. Tesla produced 258,580 vehicles and delivered 254,695 vehicles in Q2. Deliveries, which the industry looks at closely as a proxy for sales, were expected to be in the 250K range, after estimates had been knocked down by Wall Street analysts over the past few weeks over concerns from COVID shutdowns in China.
The stock market has gotten off to a brutal start in the first half of 2022. Meanwhile, the Nasdaq Composite index has slid a staggering 29% during that stretch. With a decline of roughly 7% this year, Berkshire Hathaway stock has held up significantly better than the market at large, but Warren Buffett's company has stocks in its portfolio that have recorded dramatic losses amid current market pressures.
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Retirees can rest easy owning these passive income powerhouses, which range in yield between 1.9% and 7.6%.
Don’t count on the Fed. Get ready instead.
This has been one of the most challenging years for Wall Street and investors in the past half-century. In terms of peak-to-trough decline, the benchmark S&P 500 and growth-oriented Nasdaq Composite have tumbled as much as 24% and 34%, respectively. While bear markets can, undoubtedly, cause fear and test the resolve of investors, they're also a proven opportunity to buy game-changing businesses at a discount.
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If you're an investor with long time horizon, then you should meet these three high-growth Dividend Aristocrats. Dividend Aristocrats, as a reminder, are a group of 65 stocks in the S&P 500 Index that have each raised their dividends for at least 25 consecutive years. Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment.
Technology stocks have taken it on the chin lately as some investors have left the sector looking for seemingly safer bets. Here's why Amazon (NASDAQ: AMZN) and Nvidia (NASDAQ: NVDA) are two tech stocks perfectly positioned in the AI space. You may think of Amazon as an e-commerce company, but one of the driving forces behind the company's online store is artificial intelligence.
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Elon Musk’s Tesla is facing a $440m (£363.5m) writedown on its Bitcoin holdings after a spectacular slump in the digital currency’s value.
It has been three weeks since crypto lender Celsius Network LLC took the drastic step of halting customers’ withdrawals. Alla Driksne says she has six figures worth of bitcoin and ethereum—her life savings—tied up in a Celsius account. On June 12, a Sunday, the company said it had paused customer withdrawals, saying it needed “to stabilize liquidity and operations.”
The bull cases for these Berkshire portfolio components are wildly different, but both stocks look like winners.
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New research from Rystad Energy shows a sizeable drop in global recoverable oil reserves in 2022, a situation that could have serious consequences for energy security
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