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Crude oil could spike to $62, but it's heading down below $50 by January

Yahoo Finance's Seana Smith and Jared Blikre discuss the market for crude oil.

  • Even the Americans sitting on piles of cash aren't using it correctly to build wealth
    Business
    Business Insider

    Even the Americans sitting on piles of cash aren't using it correctly to build wealth

    The average American is holding too much cash in savings, and it's keeping them from building wealth. You should instead invest your excess savings in the stock market for the best returns, NerdWallet's retirement and investing specialist Arielle O'Shea recommends. The easiest way to put your savings to work is through a 401(k), which invests your money in stocks through low-cost index funds or exchange-traded funds.

  • United Continental Stock Soars 9% on Q2 Earnings Beat
    Business
    Motley Fool

    United Continental Stock Soars 9% on Q2 Earnings Beat

    United Continental (NYSE: UAL) has been a perennial laggard in the airline industry in recent years, with a pre-tax margin well below that of Delta Air Lines (NYSE: DAL). After some initial struggles, United's turnaround strategy has finally started to gain traction in 2018. This good news sparked a 9% rally for United Continental stock on Wednesday.

  • A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on Board
    World
    Fortune

    A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on Board

    A sunken Russian warship estimated to contain 200 tons of gold bullion and coins was discovered about one mile off the coast of the South Korean island of Ulleungdo. Shinil Group, the South Korean treasure-hunting company that led the search, announced their discovery on Sunday. According to The Telegraph, a joint team with experts from South Korea, Britain, and Canada used two manned submersibles to film the wreck at a depth of more than 1,400 feet.

  • Trump Wants to Redesign Air Force One. Here's Why the Presidential Plane Looks the Way It Does
    Politics
    Time

    Trump Wants to Redesign Air Force One. Here's Why the Presidential Plane Looks the Way It Does

    When President Trump confirmed that he wants to redesign Air Force One during his term in office, in an interview with CBS that aired on Tuesday, he told reporter Jeff Glor that he planned to repaint the iconic aircraft red, white and blue. “Air Force One is going to be incredible,” Trump told Glor. “It’s going to be the top of the line, the top in the world, and it’s going to be red, white and blue.

  • These MLPs Are on Fire Today
    Business
    Motley Fool

    These MLPs Are on Fire Today

    What happened Shares of several master limited partnerships (MLPs) took off on Thursday after the Federal Energy Regulatory Commission (FERC)  finalized a new policy relating to the tax code overhaul passed at the end of 2017. Leading the way higher were

  • When is the best time to convert my traditional IRA to a Roth?
    Business
    MarketWatch

    When is the best time to convert my traditional IRA to a Roth?

    Q.: I have about $57,000 in my traditional IRA and about $6,800 in a Roth IRA. The idea of converting while in low bracket year is sound but fear of the required minimum distributions (RMD) may not need to be a strong motivator. Yes, when RMDs begin they can kick you into a higher tax bracket, but not necessarily.

  • Walmart acquiring Shopify is no longer a laughable idea
    Finance
    TechCrunch

    Walmart acquiring Shopify is no longer a laughable idea

    As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead. At 100,000 sellers a month over the next 5 years, there could be an estimated 11 Million sellers on Amazon’s marketplace by 2023. E-commerce intelligence firm Marketplace Pulse estimates Amazon's Gross Merchandise Volume or GMV for 2018 at $280B, set to triple over a 5-year period, concluding that the marketplace contribution to Amazon's GMV would surpass 70% by 2023.

  • Kinder Morgan Inc. Takes Another Big Step Forward
    Business
    Motley Fool

    Kinder Morgan Inc. Takes Another Big Step Forward

    Kinder Morgan (NYSE: KMI) continued its forward progress in the second quarter. The natural gas pipeline giant reported $1.1 billion ($0.50 per share) in distributable cash flow (DCF), which was 9% ahead of the year-ago quarter. Natural gas pipelines led the charge.

  • Microsoft beats Wall Street targets on cloud services revenue
    Business
    Reuters

    Microsoft beats Wall Street targets on cloud services revenue

    The company's flagship Azure cloud product recorded revenue growth of 89 percent in the fourth quarter ended June 30. Much of Microsoft's recent growth has been fueled by its cloud computing business, which has benefited from companies rushing to shift their workloads to the cloud to cut data storage and software costs. Microsoft shares have risen 180 percent since Satya Nadella took over as chief executive in 2014, refocusing the company on cloud computing rather than PC software.

  • 3 Top Dividend Stocks With Yields Over 3%
    Business
    Motley Fool

    3 Top Dividend Stocks With Yields Over 3%

    To get started on the path to wealth-building through dividend stocks, we asked three Motley Fool investors to each highlight a top-quality dividend stock. For a little bit of an additional challenge, we wanted to see companies with a dividend yield of more than 3%, better than the S&P 500's aggregate yield of 1.8% today. A 3% dividend yield is actually pretty measly.

  • Business
    Motley Fool

    Is Arconic Headed for a Private Equity Acquisition?

    In this segment from MarketFoolery, host Mac Greer is joined by Motley Fool analysts Jason Moser and Taylor Muckerman to dig into the current situation at Arconic (NYSE: ARNC), which until late 2016 was the parts manufacturing division of aluminum giant Alcoa. In the year and a half since it was spun off, the company has been underperforming expectations somewhat, but its real problems began when President Trump started heating up his trade wars.

  • Amazon.com Inc. Earnings Next Week: What to Expect
    Business
    Motley Fool

    Amazon.com Inc. Earnings Next Week: What to Expect

    The e-commerce giant will deliver its second-quarter results after the close on July 26, and with shares up an incredible 82% over the past 12 months -- 22% in the past three months alone -- investors have high expectations. In its first quarter, sales and operating income increased 43% and 92% year over year, respectively -- results that blew past both analysts' consensus estimates and management's own forecast. Next week, investors will be looking for similarly impressive growth, as well as strong guidance.

  • Better Buy: AT&T, Inc. vs. T-Mobile
    Business
    Motley Fool

    Better Buy: AT&T, Inc. vs. T-Mobile

    T-Mobile (NASDAQ: TMUS) has led the United States wireless industry in subscriber growth over the last four years. Offering customers things like separate equipment billing and reintroducing unlimited plans destroyed some of the favorable economics enjoyed by much larger carriers like AT&T (NYSE: T), but it's allowed T-Mobile to quickly scale the size of its business. Meanwhile, AT&T has expanded its operations by acquiring DirecTV and WarnerMedia (formerly Time Warner).

  • Chicago Could Soon Become the Largest American City to Give Universal Basic Income a Try
    Finance
    Fortune

    Chicago Could Soon Become the Largest American City to Give Universal Basic Income a Try

    If one local politician gets his way, Chicago could become the largest city in the U.S. to trial a universal basic income program. Chicago lawmaker Ameya Pawar has thus far received support from 36 co-sponsors on a bill to introduce the pilot program. If the bill receives adequate support, it will be voted on by City Council.

  • Better Buy: Novavax, Inc. vs. Pfizer
    Business
    Motley Fool

    Better Buy: Novavax, Inc. vs. Pfizer

    The biopharmaceutical industry has been extremely generous toward investors over the last eight years. Not every biopharma stock has been a gushing success for investors, though. Pharma titan Pfizer (NYSE: PFE) and clinical-stage vaccine developer Novavax (NASDAQ: NVAX), for instance, have both drastically under-performed their pharma peers during this period.

  • Why Bausch Health Companies Stock Has Gained Nearly 12% Halfway Through 2018
    Business
    Motley Fool

    Why Bausch Health Companies Stock Has Gained Nearly 12% Halfway Through 2018

    Shares of Bausch Health Companies (formerly known as Valeant Pharmaceuticals) (NYSE: BHC) (TSX: VRX) have acquitted themselves admirably at the mid-way point in 2018 by gaining 11.8%, according to S&P Global Market Intelligence. The big ticket item, if you will, is that Bausch's CEO Joe Papa has seemingly regained the trust of Wall Street by executing on all phases of his plan to get the company back on track. Bausch's stellar first-quarter results illustrate the positive impact of Papa's turnaround plan nicely.

  • Why eBay, Inc. Stock Plunged Today
    Business
    Motley Fool

    Why eBay, Inc. Stock Plunged Today

    Shares of eBay Inc. (NASDAQ: EBAY) were down 9.1% as of 2:45 p.m. EDT Thursday after the online marketplace announced mixed quarterly results and reduced its full-year revenue guidance. More specifically on the former, eBay's second-quarter revenue climbed 9.1% year over year to $2.64 billion, or near the low end of last quarter's guidance for a range of $2.64 billion to $2.68 billion. The underlying drivers of eBay's results were mostly positive.

  • Better Buy: Cisco Systems, Inc. vs. Oracle Corporation
    Business
    Motley Fool

    Better Buy: Cisco Systems, Inc. vs. Oracle Corporation

    Cisco (NASDAQ: CSCO) and Oracle (NYSE: ORCL) are often considered "mature" tech stocks that generate stable but unremarkable returns. In a comparison of these two stocks back in March, I concluded that Cisco's higher dividend and cash repatriation plans made it a better buy. Cisco is the world's largest manufacturer of network routers and ethernet switches.

  • The most costly mistakes investors of every size make, according to Bank of America’s $2 trillion wealth-management chief
    Finance
    Business Insider

    The most costly mistakes investors of every size make, according to Bank of America’s $2 trillion wealth-management chief

    Getty Images / Eduardo Munoz Alvarez Irregular investing, waiting for an all-clear sign, and overconfidence are three of the biggest mistakes investors make.  That's according to Chris Hyzy, the chief investment officer of Bank of America Global Wealth

  • 3 Growth Stocks That Could Put Shopify's Returns to Shame
    Business
    Motley Fool

    3 Growth Stocks That Could Put Shopify's Returns to Shame

    Any retail business worth its salt these days has to have an online presence. Whether it's a multibillion-dollar behemoth or an artisan craft shop on Main Street, a business that doesn't have an online presence is leaving gobs of money on the table. Shopify's (NYSE: SHOP) online retail platform makes it possible for any company of any size to have an online presence, and the stock's performance has been a reflection of the opportunity this business has.

  • Is General Motors' Self-Driving Unit Already Worth $43 Billion?
    Business
    Motley Fool

    Is General Motors' Self-Driving Unit Already Worth $43 Billion?

    Is General Motors' (NYSE: GM) self-driving subsidiary worth $43 billion -- already? The analyst thinks that GM Cruise, the San Francisco-based GM subsidiary that is gearing up to launch a self-driving taxi business, could become massively profitable over the next decade -- and that makes it worth quite a bit now. If he's right, and if reports that GM is considering ways to unlock that value are accurate, then it's a powerful addition to the bull case for GM's shares.

  • No ‘Sell’ Recommendations for Nokia Stock
    Business
    Market Realist

    No ‘Sell’ Recommendations for Nokia Stock

    Nokia (NOK) stock has returned -8% in the last 12 months, -5% in the last month, and -2.4% in the last five days. Its peers Juniper Networks (JNPR), Ericsson (ERIC), and Cisco Systems (CSCO) have returned -0.7%, 17%, and 13%, respectively, since the start of 2018. Of the 13 analysts tracking Nokia, four have recommended a “buy” for the stock, and nine have recommended a “hold.” None of them have recommended a “sell.” Analysts’ 12-month average price target for Nokia is $6.68, and their median estimate is $6.20.

  • Are Markets Overreacting to Alcoa’s Second-Quarter Earnings?
    Business
    Market Realist

    Are Markets Overreacting to Alcoa’s Second-Quarter Earnings?

    Alcoa (AA), the leading US-based aluminum producer, released its second-quarter earnings on July 18. Alcoa’s adjusted EBITDA rose to $904 million in the second quarter—compared to $653 million in the first quarter and $505 million in the second quarter of 2017. Alcoa’s second-quarter earnings managed to beat consensus top-line and bottom-line estimates.

  • 3 Stocks I'm Never Selling
    Business
    Motley Fool

    3 Stocks I'm Never Selling

    Warren Buffett once said that when its comes to stocks, his "favorite holding period is forever." Investors shouldn't blindly apply that idea to all stocks, but holding the best stocks "forever" can mean the difference between a 10% gain and multi-bagger returns. Amazon generates most of its revenue from its online marketplaces in over a dozen countries. Amazon locks in those customers with Prime, its premium plan, which offers discounts, free shipping, streaming media, and other perks.

  • 5 Top Stock Trades for Friday Morning
    Business
    InvestorPlace

    5 Top Stock Trades for Friday Morning

    Shares of Alcoa plunge after reporting earnings, while Bank of America retests their prior breakout spot. Here are our top stock trades for Friday: Top Stock Trades for Tomorrow #1: AA Alcoa (NYSE:AA) beat on earnings and revenue expectations, but tariff