(Bloomberg) -- Xi Jinping smiled and hinted at a policy bombshell that would soon roil stock markets from Shanghai to New York.It was mid-June, and the most powerful Chinese Communist Party leader since Mao Zedong was holding court at an after-school club for elementary students in the remote city of Xining. Acknowledging the growing pressure on students and their parents to spend time and money on private tutoring, Xi promised to ease their burden. “We must not have out-of-school tutors doing t
General Electric's 1-for-8 reverse stock split is effective. Its shares open for trading Monday north of $100.
Coronavirus vaccine stocks were the biggest investment theme of 2020. Since, two biotech companies -- Moderna (NASDAQ: MRNA) and BioNTech -- actually have commercialized their vaccines. Let's take a look at where they're at with vaccine programs -- and whether they're on track to beat the market in the second half.
Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) reported great earnings results recently, but upcoming catalysts indicate there's more growth ahead. Apple started to see a lift in sales a year ago after the pandemic sent everyone scrambling for new computers and tablets in order to remain productive at home. Apple reported a record for the quarter ended in June of $81 billion in revenue, up 36% year over year.
China’s e-commerce giant Alibaba (BABA) is set to release first-quarter fiscal 2022 earnings on August 3. Over the past six months, shares of the company have plunged 26%, and it is now trading at over $195. Given the macroeconomic recovery and accelerated digitalization in China, it is worth taking a look at Alibaba’s fundamentals ahead of the results. A strong set of numbers in fiscal Q1 could help the stock regain investors’ confidence, so let’s take a closer look at what analysts on the Stre
Many investors are so focused on accumulating wealth that they neglect the second part of the equation.
Growth stocks are supposed to...grow. It's right there in the name. The problem is that growth can come in fits and starts. And sometimes, it comes with downturns in share prices. Those downturns can provide opportunities for investors who have a long-term perspective.
This weekend's Barron's offers investors an overlooked way to play the coming infrastructure surge. Other featured articles discuss how to find rising dividends, why some electric vehicle start-ups are in trouble and whether the shine is off big tech stocks after earnings. Also, see the prospects for a British pharmaceutical company, a travel recovery play, a recovering semiconductor leader, an industrial conglomerate and more. "Infrastructure Is on Its Way. Here's a Cheap Way to Play It" by Nic
You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.
The single biggest reason to sell Dogecoin right now and never look back is its complete lack of competitive advantages. For instance, you'll often hear Dogecoin enthusiasts tout its lower transaction fees relative to the Big Two in crypto, Bitcoin and Ethereum.
You won't find many of the best cannabis stocks listed on Robinhood's 100 most popular stocks list. Neither will you find many of these stocks becoming memes that are championed by online communities.
Twitter polls and questions can be interesting as they can provide investment ideas and due diligence. A larger reaction from Twitter Inc (NYSE: TWTR) users can also highlight which stocks have the highest number of responses and support a consensus. “What company is worth less than $10 billion today but you think could be worth $500+ billion in a few decades?” was a question posed by Brian Feroldi on Twitter recently. The account, with over 178,000 followers, got a ton of responses and shared t
(Bloomberg) -- Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy.The benchmark CSI 300 Index rose 2.6%, its best day since May 25. Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.Monday’s move higher follows a much-watched Politburo meeting Friday, which was seen to i
Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.
Warren Buffett has steered Berkshire Hathaway to incredible success since taking over as CEO in 1965. The legendary investor's belief that it pays to be greedy when others are fearful has helped power the company's success, and putting that tenet to work could help elevate your own portfolio. It's almost impossible to predict when crashes will hit with a high level of consistency, but investors can dramatically improve their long-term performance by being ready to take action when volatility hits.
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
(Bloomberg) -- Allianz SE warned of a potentially material hit to its earnings after the U.S. Justice Department opened a probe into its Structured Alpha Funds, which are at the center of lawsuits in the wake of steep losses during the pandemic.Europe’s largest insurer slumped in Frankfurt trading after disclosing late Sunday that it received a “voluntary request for documents and information” from the DoJ and is cooperating with the probe, as well as with an investigation launched last year by
The market rally is near highs. Square made a huge deal. Tesla rivals Li Auto, Xpeng, Nio reported July sales.
Chinese electric vehicle maker XPeng delivered 8,040 vehicles in July. It's a new monthly record for the company.
(Bloomberg) -- Oil fell after two weekly increases as the spread of the delta coronavirus variant continued to challenge demand, while data signaled a slowdown in China.West Texas Intermediate shed 1.2%, after rising 2.6% last week. The virus is clouding the outlook for consumption across the Asia Pacific. China faces a fresh outbreak, Thailand is set to expand its quasi-lockdown measures, and infections in Sydney matched a record. Data showed China’s economic activity eased in July, implying a