"Role of ESG in Investing"
Former US Treasury Secretary Lawrence H. Summers & Steve Rattner, Willett Advisors Chairman discuss greenwashing and long term risks companies face when it comes to the future of the environment.
Researchers at Caltech have developed a vaccine designed to neutralize multiple coronaviruses at the same time.
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
Should we still trust the Fed? This bigwig has serious concerns.
In this article, we discuss 10 stocks that Cathie Wood and Steve Cohen love. If you want to see more favorite stocks of the prominent hedge fund managers, click Cathie Wood and Steve Cohen Love These 5 Stocks. Cathie Wood, the chief of ARK Investment Management, and Steve Cohen of Point72 Asset Management are perhaps […]
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
Shares of Tesla (NASDAQ: TSLA) were gaining ground today, on seemingly no company-specific news. Instead, investors may be pushing the electric vehicle (EV) stock higher on positive comments about the EV industry from Volkswagen's CEO. Additionally, investors had a generally optimistic view of stocks today following the release of the Federal Reserve's minutes from its latest meeting.
Notable business headlines include the Biden administration granting $1 billion to 85 airports across the country to improve terminals, Apple upgrading its Apple Watch screen size, and Elon Musk welcoming twins with a Neuralink executive.
Shares of Tilray (NASDAQ: TLRY) went up in smoke in June, losing 30.2% of their value, according to data provided by S&P Global Market Intelligence, after analysts slashed their price targets on the Canadian marijuana producer amid market turmoil. There are significant headwinds confronting Tilray and other marijuana stocks, such that even the pot producer's strategic alliance with Hexo (NASDAQ: HEXO) was rewritten to make the terms more favorable in light of market conditions and the possibility that pre-closing minimum liquidity conditions could not be met.
The stock has taken a beating in recent months, but there are reasons to believe the entertainment behemoth is on the verge of a rebound.
WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun told Aviation Week in an interview that the planemaker could be forced to cancel the 737 Max 10 over potential regulatory issues. Boeing has a December deadline to win approval for the 737 MAX 10 - the largest member of its best-selling single-aisle airplane family. Calhoun's comments could put more pressure on Congress.
Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) are two completely different investments right now. Tesla just announced that second-quarter deliveries dropped sequentially for the first time. The news comes just as Tesla is ramping up production at two new plants.
The first half of 2022 was marked by concerns over inflation, rising interest rates and recession, with the S&P 500 registering its worst half year since 1970. However, not everyone is seeing dark times ahead. Marko Kolanovic, head of global markets strategy for JPMorgan, believes that current conditions may also be a set-up for a rebound in the second half of the year, especially among the small-cap stocks. Kolanovic writes of this case, “If there is no recession – which is our view – then risk
(Bloomberg) -- Billionaire Elon Musk is the father of eight-month-old twins born to a senior executive at his artificial intelligence startup Neuralink, Insider reported, citing a court document.Most Read from BloombergTycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireMusk Tweets About Underpopulation After Report He Fathered Twins With EmployeeBoris Johnson Odds: Who Are the Front-Runners to Replace PM?US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008China Considers $22
Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a portion of my investable assets with an advisor, which would still be seven figures. And one thing to note: Even in a traditional assets under management model, should an account value drop and the dollar amount decrease, the adviser still has an incentive to make good investment decisions to help the account recover as quickly as possible, says Brinser.
Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.
Now the Energy Select Sector SPDR Fund (XLE) and the SPDR S&P Oil & Gas Exploration & Production (XOP) exchange-traded funds (ETFs) are down 27% to 36% from their 2022 peaks – official bear-market territory. Now three factors suggest another strong move ahead for energy names, believes Cook: decent underlying fundamentals, good valuations and solid cash flows. Goldman Sachs predicts large-cap energy stocks will gain 30% or more through the end of the year and that its buy-rated stocks could be up 40% or more.
Investors have shunned growth stocks in 2022, creating bargains for long-term investors willing to weather the near-term volatility.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
The trader who was shorting Financial Select Sector SPDR Fund today, against his bank of America and Goldman Sachs longs, is also giving up on the group. The hopelessness expressed by the panelists should not be surprising considering that the month of June was the KBW Nasdaq Bank Index's second worst June on record (-13.3%), as well as its ninth worst month all time. At the core of my optimism regarding financial stocks is my expectation of a mild and brief recession.