Amazon distribution center brings jobs, but adds sales tax
Just in time for the holidays, online shoppers in Wisconsin will be charged a sales tax on purchases from Amazon.com
Just in time for the holidays, online shoppers in Wisconsin will be charged a sales tax on purchases from Amazon.com
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
The super-successful hedge fund manager likes several AI stocks.
These energy stocks have been on fire this year.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Wood is sounding the alarm on Nvidia following its meteoric rise.
One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Here's what could happen to gold prices next.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
It has badly trailed stocks over most extended periods. Over the course of the 1970s, gold’s price in dollar terms rose more than 10-fold, according to the World Gold Council. This coincided with two legendary bull markets in stocks, doing serious damage to gold’s reputation.
For Tesla, a combination of poor guidance, a tough selling environment in China, and more drama from CEO Elon Musk led the EV maker — which topped $750 billion in market cap to start the year — to shed over $200 billion since Jan. 1.
REITs can offer big-time income streams.
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers on an expected interest rate cut by June and turn their focus on the health of upcoming earnings. The S&P 500 ended the first quarter with a gain of more than 10%, its largest first quarter advance since the nearly 13.1% jump in the first quarter of 2019. Whether the rally continues through June will likely depend on the Fed, which has not yet signaled that inflation has come down enough to justify a rate cut.
Conservative capital spending by upstream players could hurt demand for partnerships' midstream assets. Enterprise Products (EPD), Plains All American Pipeline (PAA) and Energy Transfer (ET) are surviving the industry challenges.