This vicious bear market has spared very few firms in 2022. The S&P 500 has slipped more than 23% so far and it increasingly feels that things are getting worse. The Fed continues to reiterate that it foresees aggressive rate hikes ahead until inflation is brought under control. Thus, this sort of environment very likely
A cost-of-living adjustment (COLA) is a purchasing-power protection mechanism provided to all monthly Social Security and Supplemental Security Income benefits. While a cost-of-living raise for Social Security recipients is technically “mandatory,” it does not mean there will be an actual increase every year: 2016 was one year when there wasn’t a raise, for example. By law,
In this article DAL DWAC Follow your favorite stocksCREATE FREE ACCOUNT Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The company planning to take Donald Trump’s media company Truth Social
Dividend-paying stocks tend to attract investors seeking a regular source of income. Although these companies do not grow above industry average, they assure a stable source of income. This is important, especially in times of stock market volatility. The stocks below provide high dividends and are currently trading at a massive discount. Additionally, consensus estimates
Carnival (NYSE:CCL) stock is quite different than it was prior to the Covid-19 pandemic. Long gone are the days when the cruise operator could confidently raise its cruise fares. Getting passengers back on Carnival’s ships during a time a high inflation will be a major challenge. So, even though Carnival showed top-line improvement during its most
In this article DCT DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in after-hours trading. Digital World — The company aiming to take public Truth Social, Donald Trump’s media
Finding the best oil stocks to buy isn’t as easy as it was in the first half of the year. The price of crude oil ran up to a multiyear high of $120 a barrel in the spring, shortly after Russia invaded Ukraine. However, oil prices steadily fell over the summer months as concerns grew
In recent coverage of SoFi Technologies (NASDAQ:SOFI) stock, I’ve provided two key reasons as to why it’s not worth buying. First, the market is overestimating the impact of its student loan catalyst. Second, taking into account long-term earnings forecasts, a recovery for the fintech firm’s shares at best may only entail a move back to
Investors are nervously awaiting the start of the third-quarter earnings season, which kicks off this week with reports from some of the big banks. Obviously, some earnings reports will be more important to watch than others. There are companies that serve as bellwethers for their industries or the economy on the whole. And there are
Robo-advisor Betterment has launched its crypto offering after completing a private beta phase. With the new cryptocurrency investment tool, customers can invest up to 5% of their Betterment balance in digital currencies like Bitcoin, Ethereum, and other popular currencies. The news comes on the heels of Betterment’s partnership with crypto exchange Gemini to offer crypto
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, one of the most hated corners of the market for years, is getting some newfound love from money managers as the Federal
In this article CCO-CA AAL RKLB KNBE LOCO PHIA-NL LYFT PEP AIG TROW MRNA Follow your favorite stocksCREATE FREE ACCOUNT Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making the biggest moves midday Wednesday: Moderna —
In the current environment, there are plenty of stocks that investors may be looking to sell. Taking profits and selling shares of growth stocks seems to be the order of the day. Indeed, a rotation away from growth and towards more defensive options is underway. The idea that there are top-quality growth stocks to buy
With reasonable valuations, and the possibility of steady returns via high dividends, telecom stocks can be very appealing to investors. Yet while you may be interested in adding names from this sector to your portfolio (especially during today’s high market volatility), there are plenty of telecom stocks to sell and/or avoid. Most of these telecom
Here are the companies making headlines before the bell: Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as CEO, replacing Oisin Hanrahan. Levin is currently the CEO of Angi parent company IAC and will continue in that role as well as running Angi. Leggett
There is no easy way to find under-the-radar penny stocks. That’s not to say it’s challenging to find stocks trading under $5. A quick screen of the S&P 1500 says there are 26 currently meeting this criterion. However, many of them are losing money on a trailing 12-month basis. Therefore, if you’re a conservative investor,
All signs are pointing to the Republicans winning the majority of the House in the 2022 midterm elections. Still, one or more “October surprises” could materialize that could conceivably prevent the GOP from gaining a majority. So, just in case one or more of those scenarios (such as peace in Ukraine and a sudden deceleration
The U.S. Securities and Exchange Commission is investigating Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), over its non-fungible token (NFT) collections and cryptocurrency. According to a report, the financial watchdog wants to know whether some of Yuga’s non-fungible tokens and cryptocurrency ApeCoin are similar to stocks and should follow the same disclosure
In this article META AMGN WBA LVS LEG WYNN ZS NFLX Follow your favorite stocksCREATE FREE ACCOUNT A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out the companies making headlines in midday trading. Amgen —
America is ready to build out its electric vehicle (EV) charging station network — and yet, traders aren’t quite ready to buy Blink Charging (NASDAQ:BLNK) stock. The U.S. government supports the EV charging port buildout, and this should benefit Blink. Besides, the company is working with a variety of businesses across the nation to make EV