Shares of Chinese disposable medical device maker Meihua International Medical Technologies (NASDAQ: MHUA) were up 50.3% for the week as of Friday morning, according to to data provided by S&P Global Market Intelligence.
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
Think 4.6% yields on 10-year Treasuries look good? Market pros found safe ways you can do even better using bond ETFs.
The housing sales slowdown will last awhile, as no one is selling their home unless they absolutely have to, according to Redfin's CEO.
What should we make of today’s market conditions? Investors have started digesting how the Federal Reserve’s ‘higher for longer’ interest rate policy will impact the economy, and they’re not pleased with the prospect. Other challenges on the horizon include an increasing probability of a government shutdown as Congress grapples with partisan disagreements over annual budget resolutions, declining consumer confidence as worries mount, and a sharp surge in oil prices on the commodity trading floor
The Dow Jones Industrial Average fell Thursday after initial jobless claims and weak GDP. Used-car retailer CarMax dived on earnings.
Apple stock has fallen more than 10% since its July highs. Here's what analysts are saying about the iPhone maker's prospects.
With WTI crude oil prices spiking 4% today and currently near $94 a barrel it's noteworthy that several Zacks Oils and Energy sector stocks are standing out with stellar dividend yields and the ability to benefit from the surging commodity price.
Software maker Workday lowered its outlook for subscription revenue growth through fiscal 2027. Shares plunged on the revised forecast.
"Today's selloff seems to have been caused by a confluence of factors. That's actually good news, in that there is no obvious crisis in the offing."
Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…
Hawaii's top public utility officials and the president of Hawaiian Electric are expected to testify Thursday in a congressional hearing about the role the electrical grid played in last month's deadly Maui wildfire. Members of a U.S. House Energy and Commerce subcommittee are expected to question the utility officials about how the deadliest U.S. wildfire in more than a century began — and whether the electrical grid in Lahaina was safe and properly maintained. It first erupted at 6:30 a.m. on Aug. 8, when strong winds appeared to cause a Hawaiian Electric powerline to fall, igniting dry brush and grass near a large subdivision.
FEATURE Chico’s FAS stock was soaring more than 60% in premarket trading after the Florida-based fashion company said it was being acquired by Sycamore Partners for $1 billion and would be taken private.
A valuation at that level would make the company more expensive than Microsoft, Alphabet, and Nvidia by at least one measure.
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
Worthington (WOR) delivered earnings and revenue surprises of 3.52% and 11.81%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal Wi
CVS found the right prescription on Wednesday to keep its stores open in the Kansas City area and avoid a repeat of a work stoppage last week by pharmacists: It promised to boost hiring to ease workloads that sometimes make it hard to take a bathroom break. “It all relates to not enough dollars going in to hire the appropriate staff to be able to deliver the services,” said Ron Fitzwater, CEO of the Missouri Pharmacy Association. Pharmacists in at least a dozen Kansas City-area CVS pharmacies did not show up for work last Thursday and Friday and planned to be out again this Wednesday until the company sent its chief pharmacy officer with promises to fill open positions and increase staffing levels.
Accenture stock fell Thursday after the management consultant and tech company reported revenue that missed Wall Street estimates and provided earnings guidance below consensus. Accenture (ticker: ACN) posted fiscal-fourth-quarter earnings of $2.71 a share on revenue of $15.99 billion. Accenture also said new bookings for the quarter were $16.6 billion, a decrease of 10% from the same period last year.
Battle Road Research analyst Ben Rose upgraded Tesla stock to the equivalent of Buy. The electric-vehicle maker has recently endured a series of negative headlines.
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