Markets have reeled since the Federal Reserve announced, through the release of the December minutes, that the central bank would like to take a big whack at its $9 trillion balance sheet rather than keep it at that lofty level. Value stocks, they argue, will continue to be boosted by the transition from quantitative easing to quantitative tightening, as the Fed pivots from fighting deflation to fighting inflation. By and large, the Goldman team says most of the moves in the market have been explained by fundamentals, but it says some defensive sectors, including food and beverages, household goods and personal products, may have rerated too much, while semiconductors may have sold off by too much.
AT&T's days as a top dividend S&P 500 stock are numbered. But luckily, lovers of rising and high dividends have a new king.
Earnings at the aerospace giant don't matter but what does are free cash flow, delivering 737 MAX jets, fixing the 787 and Covid-19 complications.
Elon Musk has been driving Telsa's new Cybertruck and he thinks it's 'awesome.' An electric truck opens a substantial new market for Tesla.
Shares of NextEra Energy (NYSE: NEE) had declined more than 8% by 3:45 p.m. ET on Tuesday. Weighing on the utility's stock price was news of its management succession plan. NextEra Energy announced a series of senior leadership appointments that will take effect on March 1.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of the world's greatest investors. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%! Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.
Freeport-McMoRan Inc. said Wednesday its fourth-quarter net income increased to $1.11 billion, or 74 cents a share, from $708 million, or 48 cents a share, in the year-ago quarter. Revenue climbed to $6.16 billion from just under $4.5 billion. Adjusted profit in the latest quarter totaled 96 cents a share. Wall Street analysts expected earnings of 97 cents a share and revenue of $6.44 billion, according to a survey by FactSet. Looking ahead, the copper producer expects 2022 capital expenditures
Markets are down significantly from record highs; in fact, the NASDAQ has entered correction territory, with a decline of 15% while the S&P 500’s decline is still at ~9%. These price declines come as the Federal Reserve signaled it will be raising rates this year. While higher interest rates will knock down inflation, stock markets are likely to take a tumble when the hikes come – and analysts are predicting anywhere from 2 to 4 rate hikes this year. The end of the central bank’s supportive poli
The telecom giant beat fourth-quarter earnings and revenue estimates. AT&T stock, which has rallied in 2022, climbed on the news.
Every investor in Alibaba Group Holding Limited ( NYSE:BABA ) should be aware of the most powerful shareholder groups...
If you ask the average person to name the world's biggest public company, most would probably correctly guess the $2.7 trillion behemoth Apple (NASDAQ: AAPL). And odds are good that a sizable segment of this crowd would be able to name a few other members of the trillion-dollar capitalization club: Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN).
After Tesla's (NASDAQ: TSLA) reported blowout fourth-quarter vehicle deliveries earlier this year, expectations for its financials for the period are high. While it's worth reviewing what analysts are expecting from the company's revenue and earnings per share for the period, there's another important metric many investors will likely be looking to when the print goes live: Tesla's guidance for full-year deliveries. Headed into Tesla's fourth-quarter report, which will be released after market close today, here's a preview of some items for investors to check on.
Yahoo Finance Live's Emily McCormick and Adam Shapiro break down several of the trending stocks attempting to correct themselves during this volatile trading week.
Kimberly-Clark Corp. stock fell 5.1% in Wednesday premarket trading after the consumer goods company gave 2022 guidance below Street expectations. Net income totaled $357 million, or $1.06 per share, down from $539 million, or $1.58 per share, last year. Adjusted EPS of $1.30 beat the FactSet consensus of $1.25. Sales totaled $4.965 billion, up from $4.836 billion and ahead of the FactSet consensus for $4.892 billion. Kimberly-Clark brands include Kotex feminine hygiene products, Cottonelle bath
Shares of IBM (NYSE: IBM) climbed 5.7% on Tuesday after the technology giant's fourth-quarter report gave investors hope that its growth strategy was taking hold. The gains were driven by an 8.2% increase in IBM's software revenue, to $7.3 billion, and a 13.1% jump in its consulting revenue, to $4.7 billion. The company's hybrid cloud operations, which help businesses integrate their private computing resources with public cloud services, enjoyed particularly strong growth.
My hopes and dreams for my son were solid, and I was fine cosigning on his school loans as I did the same for his sister. It hurts worse that I’ve lost my son because of this too.I would like to retire someday, I’m hoping for a magic bullet to fix this for me. First up, let’s celebrate all the ways you’re on track as it is: Most likely, the credit card debt you had had a higher interest rate than the student loan debt, and kudos to you for repaying it.
Pinterest, Inc. (NYSE:PINS), is a testament to how hard it is for investors to enter a stock when it is in a downward trend. For Pinterest, the fundamentals paint a very profitable future at an acceptable price, which is what we will explore in this article.
Goldman Sachs says it's time to start nibbling at stocks after a vicious rout.
The recent market sell-off took many stocks down a notch. One of such examples is NVIDIA Corporation (NASDAQ: NVDA) – one of the biggest winners in 2021, now trading over 30% below the highs. Yet, our analysis shows that such valuation might be somewhat reasonable.
If these aggressive price targets are accurate, two of these growth stocks could triple over the next 12 months.