Categories
Business

On rare days, the market rises 5% — or even 10%, Wells Fargo finds. How to make sure you’re there for it

Gzorgz | Istock | Getty Images “It was the best of times, it was the worst of times.” With those classic words, author Charles Dickens famously opened his historical novel “A Tale of Two Cities.” He could easily have been describing the stock market. A new Wells Fargo analysis looked at the best 20 days […]

Categories
Science

Goldman says beware these stocks with unsustainable margins in a tough environment ahead

Investors should brace themselves for difficult times ahead, with some stocks in particular facing unsustainable margin growth expectations, according to Goldman Sachs chief U.S. equity strategist David Kostin. Stocks have been on a tear recently, with the S & P 500 up about 13% from a low reached mid-June. Kostin noted that better-than-expected second-quarter earnings […]

Categories
Business

Oil companies are giving back tons of cash — and other things we’ve learned this earnings season

A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. U.S. stocks plummeted on Wednesday as weak earnings from major retailers stoked concerns about the impact of inflation. Michael Nagle | Xinhua News Agency | Getty Images Source link

Categories
Business

Healthy gains for CVS, Ulta sinks after launching $20M venture fund

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CVS jumps after earnings and Ulta sinks after the company launches a tech-focused venture arm. With CNBC’s Joe Kernen and the Fast Money traders, Steve Grasso, Karen Finerman, Guy Adami and Bonawyn Eison. Source link

Categories
Business

We’re trimming 3 stocks that we still like after they all rallied in recent weeks

Friday afternoon’s three sales allow us to raise cash because the stock market is getting into overbought territory. Source link

Categories
Business

Amazon jumps on revenue beat and rosy guidance for third quarter

Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the quarter: Amazon Web Services: […]

Categories
Business

Senate advances more than $50 billion bill to boost U.S. semiconductor production

Sefa Ozel | E+ | Getty Images The Senate voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China. The bill cleared a key procedural hurdle Tuesday evening in a 64-34 vote even as lawmakers worked to finish various sections of the legislation. The bill, which would provide about […]

Categories
Business

Investors have put $43 billion in dividend-paying funds this year. Before you ‘chase dividends,’ here’s what to know

With increased fears of a possible recession, investors seeking steady income may turn to stocks paying quarterly dividends, which are part of company profits sent back to investors. Historically, dividends have significantly contributed to an asset’s total return, sometimes providing a boost during economic downturns. From 1973 to 2021, companies paying dividends earned a 9.6% […]

Categories
Business

Rate resets on 9.62% interest, taxes, inherited assets: Experts weigh in on 3 tricky questions about Series I bonds

The demand for Series I bonds, an inflation-protected and nearly risk-free asset, has skyrocketed as investors seek refuge from soaring prices and stock market volatility. While annual inflation rose by 8.6% in May — the highest rate in more than four decades, according to the U.S. Department of Labor — I bonds are currently paying […]

Categories
Business

Here’s how much cash you need to ride out a recession at different life stages, according to financial advisors

designer491 | iStock | Getty Images With the threat of a recession looming, more financial experts are sharing how to prepare — including how much cash it may be smart to set aside.   The end of June marked a turbulent six months for the S&P 500 Index, which dropped by more than 20% since January, […]