Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Investing is a means to a happier ending. Legendary investor Warren Buffett defines investing as “the process of laying out
As the major equity indices clawed out of their recent doldrums, so-called Reddit stocks — particularly those with meme-ish qualities — joined in on the optimism. While social media-driven investments dominated headlines throughout 2021, this year, they grabbed the spotlight for less-than-favorable reasons. However, with the bulls apparently returning to the scene again, prospective traders
Blue Apron (NYSE:APRN) stock has some characteristics of a potential meme stock. At the same time, Blue Apron just reported quarterly results that aren’t perfect but still demonstrate improvement in key areas. Chances are good that you’ve heard about the wild price moves in Bed Bath & Beyond (NASDAQ:BBBY) stock. Now, eager traders are on the lookout
Shares of AMC (AMC) fell 42% yesterday as its new APE preferred shares began trading, while major cinema operator Cineworld warned of potential bankruptcy. AMC’s APE units debuted yesterday after being distributed to investors as a special dividend. The company said investors would receive one APE share for every share of Class A AMC stock they own, effectively
Electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) recently approved a stock split. This event should entice more people to invest in Tesla. Furthermore, TSLA stock still offers exposure to an EV-market pioneer, and the Inflation Reduction Act will work in Tesla’s favor. I already pounded the table in favor of Tesla as the official shareholder record cutoff
Slightly less than half of e-filed tax returns are self-prepared; paid tax preparers complete the rest. Of course, many taxpayers who complete their own returns do so with the help of tax software, such as Intuit TurboTax, TaxSlayer, and H&R Block Online. Whether you’re better off with a software package or a tax pro depends
As of today, September 13, 2021, the jumbo 30-year fixed mortgage rate is 3.14%, the jumbo 15-year rate is 2.82%, and the jumbo 7/1 ARM rate is 2.19%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to
Take a look at some of the biggest movers in the premarket: Zoom Video Communications (ZM) – Zoom tumbled 11.5% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting
Top-rated large-cap stocks can offer a bit of security in volatile times. After the relief rally earlier this month, stocks may be in for another bout of weakness. Uncertainties like inflation, rising interest rates and a potential recession have still yet to be fully absorbed by the market. That may be a discouraging prospect for
The safest blue-chip dividend stocks can be pretty easy to sort out. Investing in them makes sense in turbulent times like those we are currently experiencing. Generally, blue-chip stocks that don’t pay dividends are younger firms like Amazon (NASDAQ:AMZN) that continue to seek to accelerate growth. Blue-chip stocks represent companies with household names that have proven
Five companies, including cryptocurrency exchange FTX US, have been served with a cease and desist letter by the Federal Deposit Insurance Corporation (FDIC). The letters have been sent over issues related to “false and misleading statements” regarding the companies being insured by the FDIC. The companies that have been sent these letters are FTX US,
Options trading may seem overwhelming at first, but it’s easy to understand if you know a few key points. Investor portfolios are usually constructed with several asset classes. These may be stocks, bonds, ETFs, and even mutual funds. Options are another asset class, and when used correctly, they offer many advantages that trading stocks and
A completely cashless society sounds appealing to some, and although we’ve made strides to making it possible, it is not yet a reality. Despite the magic of PayPal, Square, credit cards, and mobile wallets, some of us need to carry around cash. While we can choose from a rich array of singles, fins, sawbucks, Jacksons, $50s, and Benjamins,
Cineworld Group PLC (CINE.L), a leading global operator of movie theaters, is considering bankruptcy protection, including a Chapter 11 filing in the United States. Based in the United Kingdom, Cineworld is the second-largest cinema business in the world, based on the number of screens. It operates in 10 countries with 751 sites and 9,189 screens.
As central banks around the world have been aggressively raising interest rates to combat inflation, Turkey’s central bank is taking a very different approach. Despite inflation soaring to nearly 80%, Turkey’s central bank announced it has decided to cut its interest rate from 14% to 13%. It had been at 14% for the past seven months. Analysts had
Expectations for the Federal Reserve’s next interest rate hike at its upcoming meeting in September have shifted following yesterday’s release of minutes from the Fed’s July meeting. Ahead of the release, traders had been evenly divided between an increase of 50 basis points (bps) and an increase of 75 bps, according to CME Group, based on fed funds futures data.
Source: VectorMine / Shutterstock We’ve seen a massive summer rally here in 2022. Some of our favorite small- to mid-cap growth stocks are up as much as 130% since mid-June. And the hottest debate on Wall Street continues. Is it just another bear market rally – or the start of a new bull market? There
The world’s biggest companies by market cap operate within a range of different market sectors, including technology, communication services, energy, consumer cyclicals, and financial services. A company’s market cap is calculated by multiplying the total number of its shares outstanding by the current market price of a single share. The majority of the companies making
Ray Dalio may not get as much attention as some other hedge fund managers like Cathie Wood, Jim Simons and Steven Cohen. Yet, he’s earned his place among the world’s top fund managers. Dalio’s Bridgewater Associates manages more than $150 billion in capital. So, investors should be paying attention to the stocks that Ray Dalio is
The U.S. stock market’s four-week winning streak came to an end last week with all major indexes wearing red. The Nasdaq, where the gains have been the most robust, fell the most—dropping more than two-and-a-half percent for the week, while the S&P 500 fell a little over 1%. Futures to start off this week are