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Solid earnings, low interest rates pushed global stocks to record in 2021
Image Source: https://unsplash.com/photos/dAmHWsRYP9c A confluence of positive factors continued to favor global stocks last year, pushing most major indices to new all-time highs. It’s the second consecutive year of strong gains, as hard assets outperform cash by...
Are Commission-free Trading Apps Actually Feeless?
Photo by cottonbro from Pexels Currently, commission-free trading apps are increasing at a higher rate. Commission-free apps may look attractive as they lower your overall trading costs as an investor or trader. Undoubtedly, most people sign up to these...
Bitcoin Wallet Strategies for Beginners
If you've been following the news lately, you've probably heard how people have been making millions from trading or investing in crypto coins. Finally, you too can join the bandwagon. At least everyone is now sure that crypto coins aren't or rather weren't a Ponzi...
Investment Outlook For 2021
In 2020, the global trend of investing in certain companies has switched to investment in economic sectors in general. This means that people got worried about the risk of bankruptcy and started splitting their funds between several destinations relying more on...
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Jobless claims drop to 7-month low as economy plows ahead
he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain fully staffed. Article Attribution | Read More at Article Source
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers. Article Attribution | Read More at Article Source
Viking Therapeutics is more than just a weight-loss stock, and that’s drawing cheers
The biotech’s liver-disease treatment is also viewed as best-in-class, earning it a full slate of buy ratings from analysts. Article Attribution | Read More at Article Source
Starbucks’ China business is struggling. Here’s how the company may give it a jolt.
Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business. Article Attribution | Read More at Article Source
Temu parent’s stock tumbles after a big earnings miss as competition intensified
Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years. Article Attribution | Read More at Article Source
I’m a 73-year-old widower who wants to take 6% out of my 401(k) instead of 4%. Can I afford it?
“I will receive $105,000 per year in retirement. I earn $135,000 a year now.” Article Attribution | Read More at Article Source
‘God works in mysterious ways’: I became a Nvidia millionaire playing ‘World of Warcraft.’ Am I smart — or just lucky?
“I had no job and no unemployment benefits.” Article Attribution | Read More at Article Source
Adani Group companies lose $26 billion in market value after U.S. indictment
Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam Adani was involved in a $250 million bribery scheme. Article Attribution | Read More at Article Source
How Taylor Swift and Beyoncé fans could fuel a fresh meme-stock frenzy with music ETFs
GameStop co-founder Gary Kusin sees parallels between Swifties and the videogame retailer’s intensely loyal fans. Article Attribution | Read More at Article Source
Snowflake’s stock flies higher as software company’s outlook impresses
Snowflake’s last three earnings reports spurred negative stock reactions, but investors seem to like the company’s upbeat guidance this time around Article Attribution | Read More at Article Source
Why Nvidia investors are missing the forest for the trees
Nvidia’s GAAP gross margins — forecast at 73% for the company’s fiscal fourth quarter — are still enviable across the semiconductor industry. Article Attribution | Read More at Article Source
‘We are at a low here, folks,’ Boeing’s new CEO tells employees. ‘I’m tired of it.’
Kelly Ortberg had a tough message for Boeing employees, including that the company is at a ‘low’ as employees spend more time arguing among themselves than figuring out how to beat Airbus. Article Attribution | Read More at Article Source