Opportunity in financial sector 'still great' despite market volatility: Expert

TheStreet.com
Mr. Big Short Michael Burry Makes a Shocking Decision
The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
11h ago
TipRanks
Billionaire Ray Dalio Loads Up on These 3 “Strong Buy” Stocks
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors' heads spin. Let's not forget, the markets presented investors with a bearish challenge in 1H22, with 6 straight months of losses. Headwinds, in the form of supply chain problems, Russia’s invasion of Ukraine, inflation at generational high levels, rising interest rates, all combined to give investors the shivers. For the retail inve
18h ago
Bloomberg
Michael Burry's Hedge Fund Added One Stock And Dumped All the Rest
(Bloomberg) -- Michael Burry’s Scion Asset Management jettisoned 11 US equities in the second quarter and ended the period with just one. The hedge fund exited positions including Alphabet Inc. and Facebook parent Meta Platforms Inc., while adding private-prison operator Geo Group Inc., which was Scion’s only long stock holding as of June 30, according to a regulatory filing Monday.Scion held 501,360 shares of Boca Raton, Florida-based Geo Group, which surged 11% to $7.60 on Monday, extending it
12h ago
Fortune
JPMorgan CEO Jamie Dimon rips remote work and Zoom as ‘management by Hollywood Squares’ and says returning to the office will aid diversity
The Wall Street CEO used the dated reference in a call with wealthy clients last week.
1d ago
SmartAsset
IRS's RMD Rule Change Could Make Your Roth IRA More Valuable
The Internal Revenue Service has proposed rule changes that could significantly impact how beneficiaries will manage inherited retirement accounts. The proposed regulations, which were published last month, caught some in the financial services industry by surprise, as they offer a … Continue reading → The post The IRS May Make Your Roth IRA More Valuable With This RMD Rule Change appeared first on SmartAsset Blog.
14h ago
TipRanks
J.P. Morgan Says the Stock Market Is Poised for More Upside; Here Are 2 Stocks the Banking Giant Likes
The big question on investors’ minds right now is, where will inflation go? And the related follow-up question, for everyone, is, how far will the Fed hike rates in response? The potential answers cover the full range of possibilities, from President Biden’s happy talk about ‘zero percent inflation,’ to the market bears predicting a full-blown economic depression. Count JPMorgan’s chief asset management strategist David Kelly among the bulls. He’s not convinced by the doomsayers, and sees the re
9h ago
Benzinga
The Company That Built Elon Musk's Tiny Home Has Now Raised Over $74 Million From Retail Investors
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk generated headlines last year when he announced in a tweet that he would sell almost all his physical possessions and will not own a house. Musk reportedly followed through with that plan and moved into a tiny house in Texas after disposing of all of his mansions. Recent rumors suggested that Musk’s primary residence was a prefab house manufactured by Boxabl. It turns out, however, that the $50,000 foldable house is actually being used as a guest house. Wh
19h ago
Fortune
‘Ticking time bomb’—China’s real estate bust deepens as housing prices fall for 11th straight month
Industry analysts see an urgent need to stimulate a recovery in China’s overheated residential real estate sector as potentially 50 million vacant apartments could soon flood the market.
16h ago
Bloomberg
Indian Billionaire’s Stock Holdings Worth Nearly $4 Billion in Focus After Death
(Bloomberg) -- The death of Indian billionaire Rakesh Jhunjhunwala puts a spotlight on the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed.The man known as India’s Warren Buffett died of a reported cardiac arrest Sunday at the age of 62. The self-made trader invested in a wide swathe of established businesses and startups, and served on the boards of several Indian firms. Indian Billionaire-Investor Rakesh Jhunjhunwala Dies at 62 “His portfolio co
2h ago
MoneyWise
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 8.5%, it's time to follow his lead
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
2d ago
MoneyWise
Should I sell my house before prices really crash — or wait for the next big real estate boom?
The housing market is changing fast. Act accordingly.
12h ago
Zacks
Riot Blockchain, Inc. (RIOT) Reports Q2 Loss, Misses Revenue Estimates
Riot Blockchain, Inc. (RIOT) delivered earnings and revenue surprises of -725% and 5.55%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
8h ago
Barrons.com
The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.
The world’s second-biggest economy shows signs of cooling. China's central bank cut interest rates after data showed a weakening of retail sales.
11h ago
Yahoo Finance Video
Inflation Reduction Act ‘changes the dynamics completely’: Plug Power CEO
Plug Power CEO Andy Marsh joins Yahoo Finance Live to discuss the Inflation Reduction Act, its impacts on the energy space, building a green hydrogen ecosystem, profitability, and growth.
18h ago
MarketWatch
Rakesh Jhunjhunwala, billionaire investor dubbed India’s Warren Buffett, dies at 62
Jhunjhunwala became one of India’s richest men with investments in some of the country’s biggest companies.
1d ago
TheStreet.com
Microsoft Makes an Embarrassing Admission
The videogame-console war is a match among three giants: Sony , Nintendo and Microsoft . Generally, Sony and its PlayStation are generally considered the leaders, closely followed by Nintendo and its Switch. Microsoft and Xbox occupy third place.
14h ago
Yahoo Finance Video
Walmart set to report earnings ahead of Tuesday's opening
Walmart is among several of the major retailers expected to report earnings this week.
11h ago
Yahoo Finance Video
Bed Bath & Beyond stock soars as meme stock investors flock to struggling retailer
Yahoo Finance Live checks out Bed Bath & Beyond's stock as retail investors display a renewed interest in the meme stock.
13h ago
Bloomberg
How the US Toppled the World’s Most Powerful Gold Trader
(Bloomberg) -- In December 2018, a man in his early 30s was intercepted on arrival at Fort Lauderdale airport and taken to a room where two FBI agents sat waiting.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet Near War’s OnsetHow the US Toppled the World’s Most Powerful Gold TraderUkraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaWill Housing Prices Flatten — or Collapse?US Lawmakers Visit Taiwan After Pelosi Trip Infuriates ChinaThe target was scared and already
2d ago
Yahoo Finance Video
Cannabis company SNDL beats revenue estimates
Yahoo Finance Live anchors discuss quarterly earnings for SNDL.
19h ago

S&P Futures

Dow Futures

Nasdaq Futures

Russell 2000 Futures

Crude Oil

Gold

Silver

EUR/USD

10-Yr Bond

Vix

GBP/USD

USD/JPY

BTC-USD

CMC Crypto 200

FTSE 100

Nikkei 225

Opportunity in financial sector 'still great' despite market volatility: Expert

Recommended Stories

Mr. Big Short Michael Burry Makes a Shocking Decision

Billionaire Ray Dalio Loads Up on These 3 “Strong Buy” Stocks

Michael Burry's Hedge Fund Added One Stock And Dumped All the Rest

JPMorgan CEO Jamie Dimon rips remote work and Zoom as ‘management by Hollywood Squares’ and says returning to the office will aid diversity

IRS's RMD Rule Change Could Make Your Roth IRA More Valuable

J.P. Morgan Says the Stock Market Is Poised for More Upside; Here Are 2 Stocks the Banking Giant Likes

The Company That Built Elon Musk's Tiny Home Has Now Raised Over $74 Million From Retail Investors

‘Ticking time bomb’—China’s real estate bust deepens as housing prices fall for 11th straight month

Indian Billionaire’s Stock Holdings Worth Nearly $4 Billion in Focus After Death

Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices now at a white-hot 8.5%, it's time to follow his lead

Should I sell my house before prices really crash — or wait for the next big real estate boom?

Riot Blockchain, Inc. (RIOT) Reports Q2 Loss, Misses Revenue Estimates

The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.

Inflation Reduction Act ‘changes the dynamics completely’: Plug Power CEO

Rakesh Jhunjhunwala, billionaire investor dubbed India’s Warren Buffett, dies at 62

Microsoft Makes an Embarrassing Admission

Walmart set to report earnings ahead of Tuesday's opening

Bed Bath & Beyond stock soars as meme stock investors flock to struggling retailer

How the US Toppled the World’s Most Powerful Gold Trader

Cannabis company SNDL beats revenue estimates