Or you could just use this as an excuse to buy stuff for yourself because, HEY, YOU'RE AWESOME, TOO!
So, whether you're looking for some shopping inspiration OR you hate shopping but want to feel some kinship with shoppers OR you're suffering from a bought of mall nostalgia, I've got some movies here to help.
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.
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
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.
(Reuters) -AT&T Inc beat analysts' estimates for fourth-quarter profit and revenue on Wednesday amid solid growth in its streaming platform HBO Max and a rise in wireless customers, sending shares higher in premarket trading. Revenue at WarnerMedia, which houses premium TV channel HBO and streaming service HBO Max, rose 15.4% to $9.9 billion in the quarter. The growth at WarnerMedia comes as AT&T works to unwind its media investments and refocus on its original business of providing phone and internet services.
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.
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.
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.
Shares of SmileDirectClub (NASDAQ: SDC) surged higher on Tuesday, soaring as much as 25.1%. The catalyst that drove the oral healthcare company higher was a strategic shift to cut costs and focus on its most profitable markets. SmileDirectClub announced that it was taking a number of "strategic actions" to position the company for future growth while improving its business performance.
(Bloomberg) -- A cash bonanza may help Energy Transfer LP deliver the highest return among major U.S. oil and natural gas pipeline operators. Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Red-Hot Housing Market Is Betting Interest Rates Will Never RiseThe company owned by
Upstart Holdings (NASDAQ: UPST) has had a wild ride since it went public in December 2020 at $20 per share. Upstart is a fintech that uses artificial intelligence (AI) to handle loan requests. Upstart's platform uses AI to run through thousands of data points to assess credit risk and make instantaneous decisions about loans.
Apple Inc navigated pandemic-related supply chain issues better than rivals at the end of 2021, likely helping the iPhone maker surpass Wall Street revenue growth targets of 6%, some analysts estimate. Apple, which is set to post quarterly earnings on Thursday, was buoyed by strong iPhone 13 sales globally, sales in China and continued growth in Mac shipments, several analysts told Reuters. The market is closely watching earnings at Apple, Tesla and other tech companies to see if they quell the sell-off that has wiped out nearly $3 trillion in value from the Nasdaq 100.