Text size A scene from the floor of the New York Stock Exchange last week. Michael M. Santiago/Getty Images The stock market just closed out a positive January. Coming on the heels of last year’s bear market, and combined with other recent moves, that is a particularly positive signal. The S&P 500 January ended with …
The Stock Market Had a Great January. Now, It’s All the Fed. Read More »
Famed short seller Jim Chanos sees an alarming trend in the market. I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previous peak earnings,” the Chanos & Co. founder told CNBC’s “Fast Money” on Monday. His latest warning comes in the midst …
Investors dangerously ignoring bear market impact on earnings Read More »
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong Kong, Seoul and Sydney fell. Taiwan’s benchmark jumped 3.8%. Attention was turning to Wednesday’s decision by the Federal Reserve …
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, investors will be looking for signs of a turnaround in holiday reports and potential forecasts for the year ahead from three of 2022’s …
Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs Read More »
Text size Kimberly-Clark raised its dividend this week. Pavel Sytsko/Dreamstime.com Chevron , Kimberly Clark , Archer-Daniels Midland , and Comcast were among the large US companies that announced dividend increases this week. It’s been a busy week for these announcements, with the fourth-quarter earnings season in full swing. Chevron (ticker: CVX) declared a quarterly dividend …
Chevron, Comcast, and 10 More Companies That Raised Their Stock Dividends Read More »
January’s market rally faces a major test in the week ahead from multiple major events, the most important of which could be the Federal Reserve’s interest rate announcement and press conference. The Fed’s meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S&P 500 reporting that week. …
Apple earnings, Federal Reserve meeting drive stocks in the week ahead Read More »
Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022. Carina Johansen | AFP | GettyImages Tesla Shares surged 33% this week, marking their best weekly performance since May 2013 and second best on record. The stock rose 11% on Friday …
Shares of Lucid Group Inc. LCID, +43.00% rocketed 62.7% in very active afternoon trading, paring an earlier intraday gain of as much as 97.8%, prior to its latest trading halt for volatility. The electric vehicle and battery pack maker’s stock was trading down on the day until just before 11 am Eastern, the gains started …
Lucid stock rockets on heavy volume, has been halted 9 times for volatility Read More »
The S&P 500 is on the verge of achieving its first “golden cross” in two-and-a-half years, but that doesn’t mean stocks are destined for more gains over the coming year. The golden-cross indicator is used by technical analysts as a sign that a particular upward trend in markets or currencies is gaining momentum. Barring a …
The S&P 500 is on the verge of achieving its first “golden cross” in two-and-a-half years, but that doesn’t mean stocks are destined for more gains over the coming year. The golden-cross indicator is used by technical analysts as a sign that a particular upward trend in markets or currencies is gaining momentum. Barring a …